Latest / Leading By Example: Executives Making An Impact / Shannon Schuyler - PwC's Chief Purpose & Inclusion Officer
Transcript
- 0:03Speaker 1: Really, the department can't solve for diversity, equity, inclusion that
- 0:11Speaker 1: actually happens on the ground with the people you interact
- 0:14Speaker 1: with every single day, whether your colleague, your supervisor, your client,
- 0:18Speaker 1: and we're trying to determine how do you bring that
- 0:21Speaker 1: more and not just say here's a couple of programs
- 0:24Speaker 1: that will solve for this, because.
- 0:25Speaker 2: Your programs aren't going to solve for it.
- 0:27Speaker 1: So how does the culture and the environment really become
- 0:30Speaker 1: more inclusive to do that on its.
- 0:32Speaker 3: Own As companies navigate the shifting landscape of federal diversity policies,
- 0:39Speaker 3: our conversation with PWC's Chief Purpose and Inclusion Officer, Shannon
- 0:43Speaker 3: Schuyler couldn't be more relevant. Although it was recorded before
- 0:47Speaker 3: President Trump's executive order ending federal diversity programs. Shannon brings
- 0:52Speaker 3: three decades of global corporate insight from her more than
- 0:55Speaker 3: fifteen roles at PwC. Her journey illustrates how invest in
- 1:00Speaker 3: talent shapes both individual careers and organizational culture. Shannon examines
- 1:06Speaker 3: how companies can build authentic diversity initiatives that prioritize people
- 1:11Speaker 3: over statistics and recognize the human experiences shaping their employees' lives.
- 1:17Speaker 3: I'm furnished to RAVI and this is leading by example,
- 1:21Speaker 3: executives making an impact. Shannon Schuyler, Welcome to leading by example.
- 1:28Speaker 3: It's really nice to have you with us. It is
- 1:31Speaker 3: such pleasure to be here.
- 1:32Speaker 2: Thank you.
- 1:33Speaker 3: So you are what my mother would say, a people person,
- 1:36Speaker 3: And I wonder how it all started for you. Were
- 1:39Speaker 3: you that child who was engaging and empathetic and love
- 1:44Speaker 3: to lead. Take me back to a story that perhaps
- 1:48Speaker 3: captures the Shannon Schalar that you have now become.
- 1:51Speaker 1: Oh that is so funny, because I am not a
- 1:54Speaker 1: people person. I am a true introvert. It's very challenging
- 2:00Speaker 1: for me to be in large groups of folks that
- 2:02Speaker 1: I don't know. But I think I grew up being
- 2:05Speaker 1: very intuitive of how people felt and being empathetic. And
- 2:10Speaker 1: I'm always the person. I think even as a child,
- 2:13Speaker 1: and you go back, it's the underdog. It's the kid
- 2:14Speaker 1: who's being picked on on the playground. It's the person
- 2:17Speaker 1: who is being judged by others or bullied. And I've
- 2:21Speaker 1: always been the person that has to run to their defense,
- 2:25Speaker 1: even if sometimes, especially as a child, it was not
- 2:28Speaker 1: necessarily welcome. I was like trying to help people who
- 2:30Speaker 1: just don't have a voice. And I think that's really
- 2:33Speaker 1: what has propelled me to doing the things that I
- 2:35Speaker 1: do now.
- 2:37Speaker 3: Is it really what you would say, what carried you through,
- 2:39Speaker 3: what you studied in school and how you pursued your career.
- 2:42Speaker 2: I think so.
- 2:43Speaker 1: I grew up with a very matriarchri family and women
- 2:47Speaker 1: who were there helping other women and helping people, whether
- 2:50Speaker 1: it was in nonprofits, whether it was on the farm,
- 2:53Speaker 1: whether it was through local politics, but it was really
- 2:57Speaker 1: trying to uplift people and give people a voice or
- 3:00Speaker 1: hand or help or support who didn't otherwise have it.
- 3:03Speaker 1: And I think that has just become my mantra of
- 3:06Speaker 1: where I am now and what I do.
- 3:08Speaker 3: The empathy piece is so important, and I think we
- 3:11Speaker 3: sometimes take it for granted. There is now a body
- 3:13Speaker 3: of research. Scientists are studying empathy and kindness as it
- 3:18Speaker 3: pertains to things like ROI and leadership. And I'm just
- 3:22Speaker 3: curious how you think you developed your empathy. We say
- 3:26Speaker 3: empathy can be contagious. Where do you find the sources
- 3:29Speaker 3: of your empathy? That's such a great question, and I
- 3:32Speaker 3: don't know if I've ever thought about it that way.
- 3:35Speaker 3: I think I come from a very sensitive family for
- 3:40Speaker 3: people who are okay with being vulnerable and having the
- 3:43Speaker 3: hard conversations.
- 3:45Speaker 2: I've been with PwC for almost thirty years.
- 3:48Speaker 1: One of our values when I started was put yourself
- 3:51Speaker 1: in someone else's shoes, and I think that that had
- 3:54Speaker 1: always helped to drive me to say, all right, that's
- 3:56Speaker 1: how I think. But how is somebody else perceiving that
- 4:00Speaker 1: their background, where they've come from, the values that they have.
- 4:04Speaker 1: Why would they look at that differently? And how do
- 4:06Speaker 1: I make sure that we're on the same wavelength when
- 4:09Speaker 1: we have the conversations.
- 4:11Speaker 3: Shannon, you wrote about these playing cards that you used
- 4:13Speaker 3: to keep in your wallet for queens specifically, and how
- 4:17Speaker 3: each card represented a woman you admired in your life.
- 4:21Speaker 3: Tell me about these women who were they had they
- 4:23Speaker 3: shape your journey? Well, it's interesting because I had never
- 4:26Speaker 3: planned on doing that. I had, over the course of
- 4:29Speaker 3: years subconsciously taking these cards out and had put them
- 4:33Speaker 3: in my wallet and started carrying them around. And suddenly
- 4:35Speaker 3: when I became the firm's chief purpose officer, I was like,
- 4:38Speaker 3: oh my goodness, someone's going to say, what's your purpose?
- 4:40Speaker 1: And I'm going to be like, I don't have one.
- 4:41Speaker 1: I'm in my forties. I don't know, I've kind of
- 4:43Speaker 1: gotten here. It's really been this is the firm's purpose,
- 4:46Speaker 1: And so I really took time to figure it out,
- 4:47Speaker 1: and I tried to do all the things that people do,
- 4:50Speaker 1: a little bit of retail therapy, a little bit of reading,
- 4:52Speaker 1: and I took a college course and my forties saying,
- 4:55Speaker 1: can I figure out what my purpose is? And randomly,
- 4:59Speaker 1: when I was changing verses one day and I was
- 5:01Speaker 1: changing my wallet to match my purse, I had these
- 5:04Speaker 1: plane cards fall out that are tattered and to the
- 5:06Speaker 1: state even more tattered.
- 5:08Speaker 2: And they are four queens.
- 5:09Speaker 1: And when a woman would pass away in my family
- 5:12Speaker 1: for some random reason, I would take a card and
- 5:14Speaker 1: I would put it in my wallet. And we had,
- 5:17Speaker 1: over the course of really a handful of years, my mother,
- 5:21Speaker 1: my aunt, my two grandmothers passed away who always sat
- 5:24Speaker 1: at the head of the table, and suddenly they were gone.
- 5:27Speaker 1: And I realized then that I was trying to live
- 5:30Speaker 1: for them, so that their voice and what they could
- 5:33Speaker 1: have accomplished. My mother was the first state and local
- 5:36Speaker 1: lobbyist of a bank in Cleveland. These were women who
- 5:39Speaker 1: had so much to give and they didn't get a
- 5:41Speaker 1: chance to give it, and that became why I'd made
- 5:43Speaker 1: the choices of my life, was to give them a voice,
- 5:46Speaker 1: to give other women a voice who can't and who
- 5:49Speaker 1: are not in the position to do so, whether they
- 5:51Speaker 1: are just not given the opportunity, or in my case,
- 5:54Speaker 1: whether they had passed away way too early.
- 5:57Speaker 3: But my gosh, your mother was such a trailblazer. She
- 6:00Speaker 3: was even in her time, and a really good little golfer.
- 6:03Speaker 3: She was five four and mighty golf too. I know
- 6:06Speaker 3: exactly she was like she I know, and you know
- 6:09Speaker 3: she would be looking down saying.
- 6:10Speaker 2: Why are you playing golf?
- 6:12Speaker 4: Mike?
- 6:12Speaker 3: I know, all right. Shifting gears from golf to your
- 6:16Speaker 3: time at PwC, which is now spanning thirty years, Shannon,
- 6:20Speaker 3: that is just remarkable. I mean, it just feels rare
- 6:23Speaker 3: for anyone to stay longer than five years in one role.
- 6:27Speaker 3: So what's kept you interested in staying? Honestly? Did you
- 6:31Speaker 3: always see yourself at one company for your career? Well?
- 6:35Speaker 1: No, I mean I had thought of my career when
- 6:38Speaker 1: I graduated from college that I was going to go
- 6:40Speaker 1: into sports broadcasting. Unfortunately I was way too early for
- 6:45Speaker 1: now that women are allowed on the sideline. But back
- 6:47Speaker 1: then that's what I had wanted to do, and I
- 6:49Speaker 1: kind of ended up in petewc in this role. And
- 6:53Speaker 1: like many people, I think, you go in and you're like,
- 6:55Speaker 1: I'm here for three to five years and I'll jump
- 6:56Speaker 1: to something else. But being in an organization that allows
- 6:59Speaker 1: you to go through so many different paths. I've been
- 7:03Speaker 1: in a handful of different offices. I've had probably seventeen
- 7:06Speaker 1: different jobs.
- 7:07Speaker 2: I started in.
- 7:07Speaker 1: Recruiting and then went to human resources, then to marketing
- 7:11Speaker 1: and sales, and then corporate social responsibility, and then sustainability
- 7:16Speaker 1: and then purpose and so you could really reimagine as
- 7:19Speaker 1: I grew as a person. I was able to grow there,
- 7:22Speaker 1: and the people really allowed me to do that, to
- 7:25Speaker 1: create that type of platform, and so incredibly lucky. You
- 7:29Speaker 1: never thought I would do it. I am amazed by
- 7:32Speaker 1: the stats now that folks who are thirty five have
- 7:35Speaker 1: had seven or eight jobs by the time they're there,
- 7:37Speaker 1: and I'm like, oh my gosh, I got to catch
- 7:38Speaker 1: up now in my later years. But that's what really
- 7:41Speaker 1: kept me here. It's the people and the opportunities. Seventeen roles.
- 7:46Speaker 3: Was there one that was what you would call like
- 7:48Speaker 3: good Hard, where it was really challenging, a real learning curve,
- 7:53Speaker 3: but ended up being sort of that one experience that
- 7:57Speaker 3: opened your eyes to the path that you're on now.
- 8:00Speaker 1: I think each role has created its own challenges. I
- 8:03Speaker 1: happen to be somebody who really seeks out problems to solve,
- 8:07Speaker 1: which can be really complex but really exciting. I think
- 8:10Speaker 1: some of the things I've gotten the most out of
- 8:12Speaker 1: is the organization has allowed me to create the.
- 8:15Speaker 2: First of jobs.
- 8:16Speaker 1: Like we never had a great place to work leader,
- 8:19Speaker 1: we never had a corporate responsibility leader, we never had
- 8:23Speaker 1: a foundation, we never had a purpose leader. And so
- 8:26Speaker 1: in some of those cases, just finding what I thought
- 8:28Speaker 1: could help the organization and help our people and help society,
- 8:31Speaker 1: wrote a couple of white papers and was lucky enough
- 8:34Speaker 1: to have the CEOs at the time asked me to
- 8:36Speaker 1: do it. And so I think that really all of
- 8:39Speaker 1: those were challenging when you're the first one to do it. Now,
- 8:41Speaker 1: sometimes I say, the first one to do it is
- 8:43Speaker 1: pretty easy because no one can tell you you're doing
- 8:45Speaker 1: it wrong. But it's also hard to kind of create
- 8:48Speaker 1: what that value is to make sure that it can
- 8:50Speaker 1: be sustainable.
- 8:52Speaker 3: I mean, I really in understanding your background, and now
- 8:55Speaker 3: that you've explained, having these first of roles and the
- 8:59Speaker 3: build to really launch important roles, it's an entrepreneurial spirit
- 9:05Speaker 3: that either you had or was cultivated throughout these thirty years.
- 9:09Speaker 3: Would you agree?
- 9:10Speaker 4: No?
- 9:10Speaker 1: I agree, And I think it's also that thirst for
- 9:14Speaker 1: learning and to want to continue to grow, like to
- 9:18Speaker 1: want to understand something that you don't know a lot about.
- 9:21Speaker 1: When we started our commitments around especially climate, I knew
- 9:25Speaker 1: nothing about that. That wasn't my background, but I was
- 9:28Speaker 1: so interested in learning and growing and saying what would
- 9:32Speaker 1: this mean for our organization, our people, our clients, the community.
- 9:36Speaker 1: And I think having that just lean in to know
- 9:40Speaker 1: more was really what got me to continue to do
- 9:43Speaker 1: a lot of different things and want to test out
- 9:46Speaker 1: whether or not this would work or not.
- 9:48Speaker 3: I want to go back to what you said about
- 9:50Speaker 3: people who are in their thirties and they've had on
- 9:53Speaker 3: average seven to eight different jobs. Why do you think
- 9:56Speaker 3: that is there is a rarity when it comes to
- 10:00Speaker 3: staying power in a role at a company. Why do
- 10:02Speaker 3: you think there's so much movement.
- 10:04Speaker 1: I think there's so many different reasons for the movement.
- 10:07Speaker 1: I think one is people want flexibility, and I think
- 10:10Speaker 1: over the course of the years and now might be
- 10:12Speaker 1: a little bit different since COVID. You want flexibility in
- 10:15Speaker 1: your role and you're kind of searching for what that
- 10:17Speaker 1: could be and what it is. I think as you age,
- 10:21Speaker 1: you begin to want different things out of life, and
- 10:24Speaker 1: sometimes those organizations may or may not be able to
- 10:26Speaker 1: give that to you. I think sometimes you want to
- 10:28Speaker 1: try something different and you can't do it within your organization.
- 10:32Speaker 1: And I think it's good to try different things. I
- 10:34Speaker 1: think it's exciting to know your worth and to be
- 10:36Speaker 1: able to go someplace else, and so I definitely am
- 10:39Speaker 1: jealous that individuals do that and don't find anything wrong
- 10:44Speaker 1: with it, but rather it really I think today's individuals
- 10:48Speaker 1: want that experience and want different experiences and to be inspired,
- 10:53Speaker 1: and they just go to different places to get that done.
- 10:56Speaker 3: Yeah, let's shift gears a little bit to talking about diversity,
- 11:00Speaker 3: equity and Inclusion DEI, which is central to your work
- 11:03Speaker 3: and your passion. It's no surprise that you know this.
- 11:06Speaker 3: The diversity equity and inclusion backlash has set in. We've
- 11:11Speaker 3: seen slash budgets, we've seen reduced D and I leadership.
- 11:15Speaker 3: Do you think that this movement is rooted in any truth.
- 11:19Speaker 3: And if you are running public relations for D and I,
- 11:23Speaker 3: what is the message you think that is lost on
- 11:25Speaker 3: some of the leadership right now and what is missing
- 11:28Speaker 3: and it's important to share. It's such a great question,
- 11:31Speaker 3: and it's interesting to sit back and to watch what's happening.
- 11:34Speaker 3: And I think, first of all, whether it is DEI,
- 11:37Speaker 3: whether it is ESG, I mean, pick it, we definitely
- 11:40Speaker 3: have backlash, and it's because people.
- 11:42Speaker 2: Think it means different things.
- 11:44Speaker 1: DEI at the core of it, was always trying to
- 11:46Speaker 1: make sure that people had an opportunity to have equitable
- 11:51Speaker 1: experiences and to make sure that the human condition and
- 11:54Speaker 1: the variety of backgrounds that people have, that as they
- 11:57Speaker 1: come into organizations, they're allowed to be able to share
- 12:00Speaker 1: that and not have that be something that is a
- 12:03Speaker 1: negative or a takeaway. I think over the course of
- 12:06Speaker 1: the years we've changed that, and we've changed that into
- 12:10Speaker 1: meaning that numbers need to be certain numbers, and we
- 12:13Speaker 1: need to look at the individuals or organizations or race
- 12:17Speaker 1: or religion or what it is that's the worst off
- 12:20Speaker 1: and only focus on this. And I think we've become
- 12:23Speaker 1: smaller and smaller and smaller with how we look at diversity, equity,
- 12:27Speaker 1: and inclusion. I think the hardest part and the most
- 12:30Speaker 1: important part is the equity part. It's really saying we
- 12:33Speaker 1: want people to have an equitable opportunity to be successful
- 12:37Speaker 1: and to be able to move through an organization. It's
- 12:39Speaker 1: not about the number in the box. It's about creating
- 12:42Speaker 1: the culture that allows for people to be treated in
- 12:46Speaker 1: a way that reflects the importance of who they are
- 12:48Speaker 1: and the differences that they have. I think, unfortunately we're
- 12:52Speaker 1: seeing a pendulum swing. I think after the murder of
- 12:54Speaker 1: George Floyd, with great intent, people looked at where they
- 12:58Speaker 1: are within their organizations. Some it based on data, others
- 13:01Speaker 1: just doing it based upon concern and jumped in and
- 13:04Speaker 1: put goals out there. And I think it was trying
- 13:06Speaker 1: to do the right thing, but not really knowing how
- 13:08Speaker 1: people were going to get there and what was the
- 13:10Speaker 1: right way to do it and what they would look like.
- 13:12Speaker 1: And I think it was the same thing when people
- 13:13Speaker 1: made their net zero goals, saying we're going to be
- 13:15Speaker 1: net zero in ten years. Nobody knew how to do it,
- 13:17Speaker 1: but you put it out there. I hope that now
- 13:20Speaker 1: is a time to reflect to say were those right,
- 13:23Speaker 1: because if they are, then you can continue them. If
- 13:26Speaker 1: they weren't and they were an overreach, then you should
- 13:29Speaker 1: look back. I also hope that now companies realize that
- 13:32Speaker 1: they should be looking as we always should have, at
- 13:34Speaker 1: the socioeconomic implications that are out there. This is about
- 13:38Speaker 1: helping the individuals, helping the groups, helping the communities that
- 13:41Speaker 1: truly need the help, not because an individual box was checked.
- 13:46Speaker 1: We need to make sure that we're looking at broadly
- 13:49Speaker 1: who's disadvantaged, and how to make sure that we have
- 13:52Speaker 1: everyone come to the table. And I worry that the
- 13:55Speaker 1: pendulum swum so hard and again with really wonderful people
- 13:59Speaker 1: at tempting to make change and get to a tipping
- 14:02Speaker 1: point when they saw the opportunity to now saying now
- 14:06Speaker 1: we don't need it at all. And I hope that
- 14:09Speaker 1: we can get to that middle ground.
- 14:11Speaker 3: In some cases there might need to be some reconciliation.
- 14:14Speaker 3: I'm hearing that you see it as sort of like
- 14:16Speaker 3: an over not overreach, but overcorrected. So for those leaders
- 14:22Speaker 3: who feel like we swung too far on the pendulum,
- 14:25Speaker 3: how would you recommend finding a center and reconciling What
- 14:30Speaker 3: are the questions they should be asking, as opposed to
- 14:33Speaker 3: jumping to the conclusion of we need to slash budgets
- 14:36Speaker 3: and eliminate our entire initiative around DEI.
- 14:40Speaker 1: Well, I think it's really important to say what are
- 14:41Speaker 1: we solving for Over the course of five years within
- 14:45Speaker 1: our industry, PwC was the first to actually release all
- 14:47Speaker 1: of our diversity data because you have to actually show
- 14:50Speaker 1: where you are. I mean, a lot of people are
- 14:52Speaker 1: making these goals and making the decision to do something
- 14:54Speaker 1: or not with no data to say what they should
- 14:56Speaker 1: be doing and what they shouldn't be doing. So I
- 14:58Speaker 1: think it's saying, let's step, let's look and say what
- 15:01Speaker 1: really is right or wrong to make sure that we're
- 15:04Speaker 1: making the right steps that are there. I also think
- 15:07Speaker 1: that it's really important that you look at what these
- 15:10Speaker 1: things mean both to your people as well as to
- 15:13Speaker 1: your clients or your customers and your other stakeholders. I
- 15:16Speaker 1: think when people were originally making a lot of their
- 15:18Speaker 1: goals several years ago.
- 15:20Speaker 2: They didn't look at that. They looked at one issue.
- 15:22Speaker 1: They looked at something horrible was happening, and how do
- 15:25Speaker 1: we respond to it? Instead of saying, who are all
- 15:28Speaker 1: the stakeholders that are in this and what will they think?
- 15:31Speaker 1: And how do we make sure that what we're putting
- 15:33Speaker 1: out there really helps to elevate everyone?
- 15:36Speaker 2: And we have a narrative for why.
- 15:38Speaker 1: We're doing it, and I think it's really important that
- 15:41Speaker 1: we get.
- 15:41Speaker 3: There finding the through line is what I'm hearing. And
- 15:45Speaker 3: in your role, you are working with people across a
- 15:49Speaker 3: spectrum of cultures of lived experiences. How do you connect
- 15:55Speaker 3: with your teams and your people? What are the tools
- 15:59Speaker 3: that you use, Shannon, are their tricks that you have
- 16:03Speaker 3: or you know, just a methodology that you implement.
- 16:07Speaker 1: Well, I think it's about putting all the pieces together.
- 16:11Speaker 1: So going forward, we're now uniting human resources and our
- 16:15Speaker 1: diversity efforts to really say, let's make sure that the
- 16:18Speaker 1: people experience overall is one that can uplift everyone understanding
- 16:24Speaker 1: that there's different things happening one way or another. I
- 16:27Speaker 1: think one of the huge things that we have at
- 16:29Speaker 1: the firm is we've grown to over forty percent of
- 16:31Speaker 1: our people are a part of inclusion networks that allows
- 16:35Speaker 1: individuals to really understand culturally and based upon their demographic
- 16:40Speaker 1: what's happening, but also allows for allies. We've had over
- 16:43Speaker 1: five thousand allies during those groups over the course the
- 16:46Speaker 1: last couple of years, because people want to know and
- 16:48Speaker 1: people want to understand, and so it's less about the programs.
- 16:53Speaker 1: I mean, you have to have things around the edges,
- 16:55Speaker 1: but more about every day, every day, how are people
- 16:59Speaker 1: getting opertunities, how are people working together? How are you
- 17:02Speaker 1: building in that engagement Because you can't just do this
- 17:06Speaker 1: within the department that you were talking about. The department
- 17:09Speaker 1: can't solve for diversity, equity inclusion that actually happens on
- 17:13Speaker 1: the ground with the people you interact with every single day,
- 17:17Speaker 1: whether your colleague, your supervisor, your client, And we're trying
- 17:20Speaker 1: to determine how do you bring that more and not
- 17:23Speaker 1: just say here's a couple of programs that will solve
- 17:26Speaker 1: for this, because your programs aren't going to solve for it.
- 17:28Speaker 1: So how does the culture and the environment really become
- 17:32Speaker 1: more inclusive to do that on its own? What do
- 17:35Speaker 1: you think are some of the limitations? Or I should say,
- 17:39Speaker 1: how far should your employer go to address and meet
- 17:43Speaker 1: you where you're at on a personal level? Right if
- 17:46Speaker 1: you're dealing with whether it's financial struggles, you're dealing with
- 17:50Speaker 1: microaggressions at work and outside of work if you're dealing with.
- 17:56Speaker 3: Mental health issues. Life is hard on so many skills.
- 17:58Speaker 3: You're a caregiver for your parents, for your children, and
- 18:02Speaker 3: we bring all of that to work. And what do
- 18:06Speaker 3: you see as kind of like the guidelines around that,
- 18:09Speaker 3: because your employer is not your therapist, but there still
- 18:12Speaker 3: needs to be a level of understanding and empathy.
- 18:16Speaker 1: It's such a great question, and my feeling is arguably
- 18:19Speaker 1: you spend more time at work, depending upon your job,
- 18:21Speaker 1: than you do anywhere else. So the thought that you
- 18:24Speaker 1: should come to work and not deal with any of
- 18:26Speaker 1: those issues and just sit down and do your things
- 18:29Speaker 1: and leave is just not feasible.
- 18:31Speaker 2: That's just not going to happen.
- 18:32Speaker 1: Nowadays, during the workday, you could get a call from
- 18:34Speaker 1: somebody to your point, you could deal with mental health issues,
- 18:37Speaker 1: So that your employer has to have resources to be
- 18:40Speaker 1: able to give you outlets to deal with those types
- 18:43Speaker 1: of issues, and I think.
- 18:45Speaker 2: That that's really important.
- 18:46Speaker 1: The lines have blurred so much in hybrid even has
- 18:49Speaker 1: had those lines blur even more so where you're doing
- 18:53Speaker 1: so much of your personal alongside your work and your
- 18:56Speaker 1: work alongside your personal. So I think organizations do you
- 19:00Speaker 1: have to have outlets to support issues around mental health.
- 19:04Speaker 1: I think they do have to have things that help
- 19:06Speaker 1: you around childcare and caregiving and emergency childcare backup. I
- 19:10Speaker 1: think your employers do have to have resources to help
- 19:13Speaker 1: you in financial planning and help you to repay your
- 19:16Speaker 1: college loans. You have to be able to deal with
- 19:18Speaker 1: that in order to function at the level that I
- 19:21Speaker 1: think a lot of companies certainly want you to be
- 19:23Speaker 1: able to function.
- 19:23Speaker 3: That. Yeah, investing in your workforce means investing not just
- 19:28Speaker 3: in their professional wellbeing, but also their personal wellbeing, their
- 19:32Speaker 3: financial wellbeing. I so appreciate that.
- 19:35Speaker 1: I think the one thing that companies are realizing though,
- 19:38Speaker 1: and I think again this is another one of those
- 19:40Speaker 1: pendulum swinging is that you don't have to answer every
- 19:43Speaker 1: single thing that every single employee has a challenge on.
- 19:47Speaker 1: And I think as we've seen in the last several years,
- 19:49Speaker 1: there's so many social issues, there's climate issues, there's all
- 19:52Speaker 1: these different issues that have become especially so politicized, and
- 19:56Speaker 1: for a while, I think companies thought, I'm going to
- 19:59Speaker 1: have to weigh in on everything, and that's too much.
- 20:01Speaker 1: That kind of waters down the ability to actually say
- 20:06Speaker 1: when there's something that matters Okay, now we're going to
- 20:08Speaker 1: talk about it because it's something as an organization we
- 20:10Speaker 1: can actually help to influence. And I think that's one
- 20:14Speaker 1: that is going to be really interesting for employees when
- 20:17Speaker 1: they had for a little bit their leaders commenting on everything,
- 20:21Speaker 1: and now I think you have a lot of leaders
- 20:23Speaker 1: that are saying, let's really decide what we're going to
- 20:27Speaker 1: what are the things we really are because we think
- 20:29Speaker 1: we actually can help to solve for them versus anything
- 20:33Speaker 1: happens we have to weigh in. Coming up after the break,
- 20:37Speaker 1: Shannon and I talk about the decision to take PWC's
- 20:41Speaker 1: DEI data, public executive accountability and the skills that will
- 20:45Speaker 1: equip leaders for the future. That's why you have to
- 20:48Speaker 1: get into that shared accountability space. That's really important because
- 20:52Speaker 1: that's the culture change. Not just one person is accountable,
- 20:55Speaker 1: but collectively you see the importance of being accountable.
- 20:59Speaker 2: We'll be right back back.
- 21:10Speaker 3: How would you describe your leadership style, Shannon, and how
- 21:13Speaker 3: has it changed or evolved throughout your career.
- 21:15Speaker 2: I've always liked to be a problem solver.
- 21:17Speaker 1: In an organization that's been around for over one hundred
- 21:20Speaker 1: and seventy years, there's a lot of things that we
- 21:21Speaker 1: can do the same, but just think of all the
- 21:23Speaker 1: things that we could learn from and really try to
- 21:26Speaker 1: do differently. And so really like to push the envelope
- 21:30Speaker 1: and to push the team to think outside of the box.
- 21:34Speaker 1: Certainly like to be very collaborative, like to hear views,
- 21:39Speaker 1: like to hear people try to throw something random at
- 21:42Speaker 1: the wall, But at the end of the day, really
- 21:44Speaker 1: like to make decisions relatively quickly and to move on.
- 21:47Speaker 1: I think it's really important, especially when you're in a
- 21:50Speaker 1: support function, that you realize the importance and the role
- 21:53Speaker 1: that you play, and you have to make sure to
- 21:56Speaker 1: hold yourself to the same scrutiny that you would if
- 21:59Speaker 1: you were in the client facing and you were selling
- 22:01Speaker 1: a product. If it doesn't work, you got to look
- 22:03Speaker 1: at it and you can decide I'm not doing it
- 22:04Speaker 1: anymore and you got to go to something else. I
- 22:06Speaker 1: think you have to do the same thing within areas
- 22:09Speaker 1: in support of if it doesn't work, let's move on,
- 22:12Speaker 1: Like you can't get wetted to something. And so it's
- 22:15Speaker 1: making sure that our functions stays as fast and as
- 22:18Speaker 1: focused on things that you can measure, and really looking
- 22:22Speaker 1: at ourselves in the mirror and if it works, great,
- 22:24Speaker 1: let's show the example. If it doesn't, let's pivot and
- 22:26Speaker 1: do something differently.
- 22:28Speaker 3: What's a story that you can share of a really
- 22:31Speaker 3: difficult time, a decision that you had to make that
- 22:34Speaker 3: there wasn't a whole lot of buy in, but you
- 22:36Speaker 3: felt strongly.
- 22:37Speaker 1: Well, I think a lot of things were challenging. Even
- 22:40Speaker 1: when we made the decision to be able to release
- 22:42Speaker 1: our data from a diversity, equity and inclusion, we had
- 22:45Speaker 1: never done that and we decided in a relatively short
- 22:48Speaker 1: period of time that it was something that we felt
- 22:51Speaker 1: we wanted to do for us as an organization to
- 22:55Speaker 1: be able to move forward. Well, that wasn't incredibly popular
- 22:58Speaker 1: at the time. There's a lot that goes in to
- 23:00Speaker 1: being able to share that as well as our people
- 23:02Speaker 1: would suddenly see where we were and what that meant
- 23:06Speaker 1: and what that meant for them, And we had to
- 23:09Speaker 1: have a lot of conversations about it, and even within
- 23:11Speaker 1: the team who had done diversity for a very long time,
- 23:14Speaker 1: they didn't want to necessarily share where we were, not
- 23:17Speaker 1: to hide it, but not knowing how to make it better,
- 23:21Speaker 1: and this would be out there, and so it was
- 23:24Speaker 1: really having to get people on board with what it
- 23:27Speaker 1: could mean, how this could take us to the next place,
- 23:30Speaker 1: and then saying, once we make the decision, we're all
- 23:32Speaker 1: in together, and we all have to make sure that
- 23:35Speaker 1: we're going to say this was the right thing for
- 23:37Speaker 1: us collectively, and now what are we going to do
- 23:40Speaker 1: to take that to the next level.
- 23:42Speaker 3: I've been in meetings where leadership will share data around
- 23:46Speaker 3: let's just say, diversity in hiring in the last quarter
- 23:49Speaker 3: or the last year, and it's not always bright, it's
- 23:52Speaker 3: not always upward trajectory, and that can be uncomfortable for leaders, right,
- 23:58Speaker 3: But that's what's called whole yourself accountable. And I want
- 24:02Speaker 3: to hear your thoughts on accountability and how leaders can
- 24:05Speaker 3: get more comfortable around this notion of being accountable.
- 24:09Speaker 2: Well, it's interesting.
- 24:10Speaker 1: Leaders are accountable for so many different things, from the
- 24:13Speaker 1: number of hours that they have or their teams have,
- 24:16Speaker 1: or the revenue that they generate, or the product penetration.
- 24:19Speaker 2: That they have.
- 24:20Speaker 1: And I think it becomes harder when you look at
- 24:22Speaker 1: it from people because you're dealing with behaviors, you're dealing
- 24:27Speaker 1: with decision making, you're dealing with family dynamics, you're dealing
- 24:30Speaker 1: with all of these different things that can feed into
- 24:33Speaker 1: why people are treated differently, why someone decides to come
- 24:37Speaker 1: to work for your organization or doesn't end up on
- 24:39Speaker 1: that recruiting area, why someone decides to stay, why they go,
- 24:43Speaker 1: And that becomes more challenging because suddenly I'm accountable for
- 24:47Speaker 1: something that I might not even have any influence over,
- 24:52Speaker 1: and then how does that work? And so I think
- 24:54Speaker 1: it's just a complexity. But I think once you have
- 24:57Speaker 1: the information and the data you can start to work
- 24:59Speaker 1: to get, you can start to say it's not on
- 25:01Speaker 1: one person. If someone's going to say or someone's going
- 25:04Speaker 1: to go with the firm, or someone's successful or someone's not,
- 25:07Speaker 1: or someone gets promoted or someone doesn't, or someone decides
- 25:10Speaker 1: to come into the organization or not, that's based on
- 25:13Speaker 1: a lot of different things and a lot of different
- 25:15Speaker 1: interactions that they have, which is why diversity is so hard,
- 25:19Speaker 1: because you got to fix each.
- 25:20Speaker 2: And every one of those.
- 25:21Speaker 1: You have to see what's going on with all of
- 25:23Speaker 1: those as well as the decision that that individual just
- 25:26Speaker 1: wants to make. And I think that's what people get
- 25:28Speaker 1: nervous when they hear about accountability. They're like, how can
- 25:31Speaker 1: I be accountable? When there's so many different factors, but
- 25:36Speaker 1: then at the end of the day, it's only going
- 25:38Speaker 1: to be me. And I think that's why you have
- 25:39Speaker 1: to get into that shared accountability space. That's really important
- 25:43Speaker 1: because that's the culture change. Not just one person is accountable,
- 25:47Speaker 1: but collectively you see the importance of being accountable.
- 25:50Speaker 3: So let's talk about change and the future and your
- 25:53Speaker 3: advice for those who are listening who want to grow
- 25:57Speaker 3: in a way that sets them apart for other organizations
- 26:01Speaker 3: in the inclusion space, and maybe you can use PwC
- 26:04Speaker 3: as an example as a leader in that.
- 26:07Speaker 1: I think organizations have to say where are we trying
- 26:11Speaker 1: to go with this?
- 26:12Speaker 2: What does it mean for us?
- 26:14Speaker 1: And really be able to spell those things out, and
- 26:17Speaker 1: then also take a look at the whole organization and
- 26:21Speaker 1: of the whole experience that somebody has to say, what
- 26:24Speaker 1: and where does it happen where people are not treated inclusively?
- 26:28Speaker 1: Where does it happen where we're not equitable? And it's
- 26:31Speaker 1: not about fixing one thing but the entire journey. So
- 26:35Speaker 1: it's surgically going through what's happening in the recruiting process,
- 26:38Speaker 1: what's happening in the ratings process, what's happening in the
- 26:41Speaker 1: promotion process, what's happening in the getting on this client process.
- 26:46Speaker 1: And it's really having to have that very surgical set
- 26:50Speaker 1: of actions to be able to pull the levers to
- 26:53Speaker 1: look for change. And I think sometimes companies want to
- 26:55Speaker 1: make it easy, like we're going to get to this
- 26:58Speaker 1: number and we're going to have a program, and we're
- 27:01Speaker 1: going to send all women to that program, and somehow
- 27:04Speaker 1: that program is going to make women more successful. Well,
- 27:07Speaker 1: it doesn't happen like that. It is the individual things
- 27:11Speaker 1: that are said and the actions that take place. And
- 27:14Speaker 1: I think PwC has done that really well and saying
- 27:17Speaker 1: we're not just sending everyone someplace. This is about monitoring
- 27:21Speaker 1: every single day where every single person is in getting
- 27:25Speaker 1: their feedback in order to really understand what we need
- 27:28Speaker 1: to change.
- 27:29Speaker 3: Yeah, and in terms of even just the mindset shifts
- 27:33Speaker 3: or the mindset adoptions that leaders need. And I'm talking
- 27:36Speaker 3: now again to maybe the next generation of leaders, I'm
- 27:39Speaker 3: hearing from you that skills like collaboration, empathy, and ease
- 27:45Speaker 3: with accountability really important. What would you add to that list.
- 27:50Speaker 1: I mean, one of the things I learned early on
- 27:52Speaker 1: was listen more than you talk. So this isn't just
- 27:55Speaker 1: about you and what you want to accomplish, but really
- 27:58Speaker 1: have that desire to learn why people have the points
- 28:02Speaker 1: of view that they do, and to make sure that
- 28:06Speaker 1: you're asking the questions to make sure you understand what
- 28:09Speaker 1: you're hearing and not just walk away saying all right,
- 28:12Speaker 1: this is what I took away. Also making sure that
- 28:15Speaker 1: you can find trusted safe space. I think in everything
- 28:19Speaker 1: that we do, you're better when you get feedback on hey,
- 28:23Speaker 1: this hit the mark.
- 28:24Speaker 2: And this didn't.
- 28:25Speaker 1: And when you look at things like diversity, that's a
- 28:28Speaker 1: tough one because some of the times if you miss
- 28:30Speaker 1: the mark, that then you probably hurt somebody.
- 28:32Speaker 2: And so you have to.
- 28:33Speaker 1: Make sure that you're creating these trusted groups so that
- 28:37Speaker 1: you can get things wrong and whether that's wrong on diversity,
- 28:40Speaker 1: or you did something wrong creating a presentation, and you
- 28:44Speaker 1: have that trust that someone will actually tell you that.
- 28:47Speaker 2: Was an ideal.
- 28:48Speaker 1: The other thing that I think is incredibly important, and
- 28:51Speaker 1: I look at the individuals within our organization and myself
- 28:55Speaker 1: and it's really don't suffer those imaginary problems.
- 28:59Speaker 2: Just get do it when you get to it.
- 29:00Speaker 1: Don't worry about the eighteen different things that what happened right,
- 29:03Speaker 1: and to really stay present in the moment without having
- 29:06Speaker 1: that type of fear. I think that's really important as
- 29:09Speaker 1: individuals are looking at starting their career and where can
- 29:12Speaker 1: they get next.
- 29:16Speaker 3: As we tie everything together here, Shannon, and a couple
- 29:18Speaker 3: of questions we like to ask our guests. One is
- 29:21Speaker 3: just what does leading by example mean to you?
- 29:25Speaker 1: I truly believe it's around treating people with respect and dignity.
- 29:30Speaker 1: It's making sure that you interact consistently and frequently with
- 29:37Speaker 1: people to understand what's motivating them and what are the
- 29:40Speaker 1: things that draws them to the things that you're doing.
- 29:43Speaker 1: Making sure that the individuals who don't typically have a
- 29:47Speaker 1: voice gets a voice. And so when you're sitting around
- 29:51Speaker 1: the table and the three people who always raise their
- 29:53Speaker 1: hand or always just blurt things out, make sure the
- 29:55Speaker 1: other three really have a chance to say the things
- 29:58Speaker 1: that are important to them, and really make sure that
- 30:01Speaker 1: people feel that they're heard and that they're special. One
- 30:06Speaker 1: of the things that I've done from the beginning, and
- 30:09Speaker 1: this is so antiquated, but go with it. Like my
- 30:11Speaker 1: grandmother had a blotter on her desk, I have a
- 30:14Speaker 1: blotterer still on my desk, and I put little notes
- 30:16Speaker 1: on it so it helps me to say so and
- 30:19Speaker 1: so was worried about this or really didn't contribute to this.
- 30:24Speaker 1: And so I keep a running tab of wanting to
- 30:28Speaker 1: make sure that I can prompt people to start to
- 30:30Speaker 1: talk or to say or to lean in on it
- 30:33Speaker 1: so that they realize that I'm thinking about them, that
- 30:36Speaker 1: they're not not seen just because they're not heard.
- 30:40Speaker 3: How grateful are you for your matriarchy? I'm telling you,
- 30:43Speaker 3: I mean, seriously, I'm so lucky. Lottery, I know, get
- 30:47Speaker 3: the lottery exactly. And Shannon, what do you want your
- 30:51Speaker 3: legacy to be?
- 30:53Speaker 1: As I have gotten further on in my career, I've
- 30:55Speaker 1: got about this more and more, and it's definitely want
- 30:59Speaker 1: to have somebody say that I left a mark. And
- 31:03Speaker 1: some people say that you want your name to end
- 31:06Speaker 1: up in people's hearts, not on their tombstone. And there's
- 31:10Speaker 1: a quote that I have and again I put everything
- 31:13Speaker 1: in writing and carry around still my day planner. Again
- 31:18Speaker 1: very antiquated from William Ward, and it's the mediocre teacher tells,
- 31:23Speaker 1: the good teacher explains, the superior teacher demonstrates, the great
- 31:28Speaker 1: teacher inspires and I hope that that's something that I'm
- 31:33Speaker 1: able to give to somebody and then they're able to
- 31:36Speaker 1: turn around and be a leader and to inspire others.
- 31:39Speaker 3: Shannon Skuyler, thank you so much for joining us today.
- 31:43Speaker 3: I really appreciated all of your storytelling, your advice, and
- 31:48Speaker 3: oh my gosh, the inspiration. Thank you, absolutely, thank you.
- 31:55Speaker 3: All Right, that's a wrap. Nikia. You are listening the
- 31:59Speaker 3: whole time. You helped me prep for this interview. Did
- 32:02Speaker 3: it go as well as you thought it would?
- 32:04Speaker 4: It actually went better than expected. I feel like sometimes
- 32:07Speaker 4: corporate people can be, you know, really button up, but
- 32:09Speaker 4: I feel like Shannon, she really had a lot of
- 32:12Speaker 4: great insights, especially on a topic that's so pivotal now
- 32:17Speaker 4: and has been in the news and we've seen, like
- 32:19Speaker 4: you mentioned the interview, like slash budgets for GI. I
- 32:22Speaker 4: really loved how she was saying that you just can't
- 32:25Speaker 4: like get a group of women and put them in
- 32:27Speaker 4: a program and like expect them to come out of
- 32:30Speaker 4: it like great, which I think is what sadly a
- 32:32Speaker 4: lot of companies do. I like how she's very action
- 32:36Speaker 4: based and she is like, it's not just like a number,
- 32:39Speaker 4: we need to really look at the socioeconomic life of
- 32:42Speaker 4: these people. So, yeah, I thought that was really great
- 32:45Speaker 4: to hear for someone in her position.
- 32:48Speaker 3: Yeah, I was constantly reminded about how DEI initiatives they
- 32:53Speaker 3: take resources, they require investment, like good investment, and I
- 32:57Speaker 3: think that sometimes when you're working with a lot of budget,
- 33:01Speaker 3: you do these sort of shortcut things and it doesn't
- 33:06Speaker 3: pay off. And I think we have to find ways,
- 33:09Speaker 3: even within a smaller budget, how to make a real
- 33:12Speaker 3: impact and how to make meaningful changes, meaningful impact for
- 33:18Speaker 3: your employees. Know, PwC is a billion dollar company, it's
- 33:22Speaker 3: over a century old, it has resources, and it also
- 33:25Speaker 3: has history. And Shannon herself thirty years at this company.
- 33:30Speaker 3: She's got her experiences there to fall back on and
- 33:33Speaker 3: to learn from. And I don't know if every company
- 33:35Speaker 3: has those advantages. It's not like that it can't be
- 33:38Speaker 3: replicated at smaller to mid sized companies. But I think
- 33:41Speaker 3: that's just something that kept coming up for me, is like,
- 33:45Speaker 3: this is hard work, and I think that companies are
- 33:48Speaker 3: giving up too soon. And I do think it's partly
- 33:51Speaker 3: that they've exhausted their resources, probably not in the best
- 33:55Speaker 3: of ways. They should have hired PwC to help them
- 33:59Speaker 3: figure out how can I make an impact with, you know,
- 34:03Speaker 3: the budgets that I have. I also loved the story
- 34:07Speaker 3: of her mom and her grandmother, and although in the
- 34:10Speaker 3: beginning she mentioned how she's working so hard to continue
- 34:14Speaker 3: to pass the torch and like live their legacy out,
- 34:19Speaker 3: I thought, oh, my gosh, but they were such trailblazers
- 34:22Speaker 3: even in their times. I guess her point was they
- 34:24Speaker 3: didn't get enough credit at the time for how excellent
- 34:28Speaker 3: they were and how ahead of the times they were
- 34:31Speaker 3: for women in a professional field. I mean, especially her mother.
- 34:35Speaker 4: Yeah, I feel like that's the beautiful thing about legacy.
- 34:38Speaker 4: And when she touched on her legacy, she really hopes
- 34:40Speaker 4: to like make an impact on people's heart instead of
- 34:42Speaker 4: like just a tombstone. I feel like that's really important
- 34:46Speaker 4: to think about, because you know, you could be an
- 34:48Speaker 4: executive and people just remember you as an executive, but
- 34:51Speaker 4: it's like, who did you affect like the day to
- 34:53Speaker 4: day that people will wake up maybe twenty years after
- 34:56Speaker 4: you're gone, to be like this person still inspires me
- 35:00Speaker 4: till this day. Like that's something very powerful. It seems
- 35:03Speaker 4: like she's very intuitive of how she wants to inspire people,
- 35:06Speaker 4: and it's really beautiful that she's been able to stay
- 35:08Speaker 4: at a company for thirty years. When I read that,
- 35:10Speaker 4: I had like double check to make sure that the
- 35:13Speaker 4: right number, and I was like, I've never heard of that.
- 35:15Speaker 3: But to be clear, you will be staying at iHeart
- 35:17Speaker 3: for a.
- 35:18Speaker 4: Thing, guys on the next CEA.
- 35:21Speaker 2: Yes, thirty years.
- 35:25Speaker 4: It's a long time that we don't see so I'm
- 35:27Speaker 4: wondering if that's like something that's going to change in
- 35:30Speaker 4: the future, if people do adapt. But I feel like
- 35:32Speaker 4: Shannon's story is a testament like if the company invests
- 35:35Speaker 4: in these people not just numbers, that they will grow
- 35:40Speaker 4: and now they're benefiting from investing in Shannon.
- 35:44Speaker 3: Well, listeners, I hope you enjoyed this episode as much
- 35:47Speaker 3: as we did. If you like what you're hearing, please
- 35:49Speaker 3: follow and subscribe. You don't miss out on any new episodes,
- 35:52Speaker 3: and as always, we want to hear your thoughts to
- 35:53Speaker 3: make this the best show possible, so please leave us
- 35:56Speaker 3: a review. In the meantime, you can find me at
- 35:59Speaker 3: farnws Charabi on Instagram and I'm always on the So
- 36:02Speaker 3: Money podcast. I'll see you next time. This podcast is
- 36:06Speaker 3: a production of iHeartRadio's Ruby Studio. Our executive producer is
- 36:10Speaker 3: Matt Stillo, and our supervising producer is Nikia Swinton. This
- 36:14Speaker 3: podcast was edited by Sierra Spreen.