Latest / Leading By Example: Executives Making An Impact / Unapologetically Ambitious: Shellye Archambeau, Former CEO, MetricStream
Transcript
- 0:04Speaker 1: Rube. I have one loss that literally felt like, Oh
- 0:11Speaker 1: my gosh, my career's over right AID Corporation. They were
- 0:15Speaker 1: my client. I'd been selling for eighteen months trying to
- 0:18Speaker 1: get IBM point of sale equipment and all their stores.
- 0:22Speaker 1: We won the deal. This was like tens of millions
- 0:25Speaker 1: of dollars multi year. My boss was a hero, His
- 0:29Speaker 1: boss was a hero. It's all great until the CEO
- 0:33Speaker 1: calls me into his office. They're canceling.
- 0:39Speaker 2: What would you do if one of the biggest deals
- 0:41Speaker 2: of your career fell apart at the very last second
- 0:44Speaker 2: after months of hard work, momentum, and celebration. It's all
- 0:49Speaker 2: too easy to retreat, to avoid the team, to sit
- 0:53Speaker 2: in the loss. But real leadership is defined by what
- 0:57Speaker 2: happens next.
- 1:00Speaker 1: One.
- 1:00Speaker 2: I'm Jessica Chen, An Emmy Award winning journalist, founder of
- 1:03Speaker 2: Soulcast Media and author of Smart Not Loud, How to
- 1:07Speaker 2: Get Noticed at Work For All the Right Reasons, and
- 1:10Speaker 2: today on Leading by Example. We're diving into resilience, ambition,
- 1:16Speaker 2: and intentional leadership with Shelley Arschambau, former tech executive and
- 1:21Speaker 2: author of the book Unapologetically Ambitious. Shelley built her career
- 1:26Speaker 2: with a level of clarity most people never reach. Starting
- 1:29Speaker 2: in high school, she reverse engineered her path to become
- 1:32Speaker 2: a CEO at the age of forty. Her journey is
- 1:35Speaker 2: a masterclass in turning setbacks into momentum, making high stakes
- 1:40Speaker 2: decisions quickly, and showing up for your team when it
- 1:43Speaker 2: matters most. But for Shelley, leadership isn't just about personal success.
- 1:48Speaker 2: It's about creating space for others to rise, and through
- 1:51Speaker 2: her nonprofit Ignite Ambition, she supports early to mid career
- 1:55Speaker 2: professionals as a grow and step into leadership roles of
- 1:58Speaker 2: their own. In this episode, you'll learn how to find
- 2:01Speaker 2: your own path to power and why failure only defines
- 2:04Speaker 2: you if you let it. This conversation is about playing
- 2:07Speaker 2: the long game, leading with intention, and building the kind
- 2:10Speaker 2: of resilience that drives your own success and the success
- 2:14Speaker 2: of those around you. I'm Jessica Chen and this is
- 2:20Speaker 2: leading by example, Jelly. I'm so honored that you're here
- 2:29Speaker 2: with us today. As I was doing the research for
- 2:31Speaker 2: our interview, I was number one so impressed with the
- 2:35Speaker 2: depth of work experience that you have. I mean, you've
- 2:38Speaker 2: done so much, But starting from the very beginning, this
- 2:42Speaker 2: ambition of yours, and I think that's really what your
- 2:44Speaker 2: book is, unapologically ambitious, and I think I want our
- 2:48Speaker 2: listeners to really understand how that even came to be, right,
- 2:52Speaker 2: So it take me back to where did that seed
- 2:55Speaker 2: of ambition come from.
- 2:57Speaker 1: It really came from necessity. I was just trying to
- 3:01Speaker 1: figure out, frankly, how to survive. I grew up in
- 3:04Speaker 1: the sixties and my parents moved around a lot. I
- 3:08Speaker 1: lived in seven states before I got to high school,
- 3:11Speaker 1: which meant I was always that new kid, and the
- 3:13Speaker 1: environments that we moved into weren't very diverse, and so
- 3:18Speaker 1: being an only little black girl in a class, or
- 3:20Speaker 1: in a grade, or in a school wasn't always comfortable.
- 3:24Speaker 1: People let me know they didn't think I belonged. So
- 3:26Speaker 1: I grew up realizing that the odds weren't in my favor.
- 3:29Speaker 1: And when you go home and something happens to you,
- 3:32Speaker 1: you didn't get picked, you got pushed down, right, something happened.
- 3:36Speaker 1: You come home and say, mom, Mom, this happened. And
- 3:38Speaker 1: my mother was always very clear. I said, you know,
- 3:41Speaker 1: it's not fair, Mom, it's not fair. And you say, Shelley,
- 3:44Speaker 1: life's not fair, But it doesn't mean you can't get
- 3:47Speaker 1: what you want, you just have to be intentional about it.
- 3:50Speaker 1: So I grew up young learning this overall message.
- 3:54Speaker 2: So I was reading that you knew already from a
- 3:57Speaker 2: very young age that you wanted to go into business
- 4:00Speaker 2: and leadership. Was there anyone in your life at that
- 4:03Speaker 2: time who inspired you to pursue this path towards leadership?
- 4:09Speaker 1: Frankly, it was my high school guidance counselor. You know,
- 4:11Speaker 1: you have that junior year conversation, what do you want
- 4:13Speaker 1: to do after college? Well, I had no idea, I said,
- 4:17Speaker 1: I don't know. All I know is I want to
- 4:18Speaker 1: make enough money to keep my thermostat at seventy two
- 4:21Speaker 1: degrees in the wintertime. I want to be able to
- 4:23Speaker 1: eat out in restaurants, and I want to be able
- 4:24Speaker 1: to travel. That's what I want. And she laughed, but
- 4:27Speaker 1: I was dead serious. And then she said, well, what
- 4:30Speaker 1: do you like to do? And I said, oh, that's easy. Clubs.
- 4:33Speaker 1: I'm in everything, American Field Service and French Club, National
- 4:37Speaker 1: Hogors Society. I'm even a girl Scout, but like, don't
- 4:39Speaker 1: tell anybody because it's totally not cool. And she said, well,
- 4:43Speaker 1: you know, to her credit, she said, you know, clubs
- 4:45Speaker 1: are like business. You pull people together and you get
- 4:49Speaker 1: things done. And I said, oh done. I love these clubs.
- 4:53Speaker 1: I'm going into business. I like to run the clubs,
- 4:55Speaker 1: always vice president of this and president of that. I said,
- 4:57Speaker 1: all right, So I looked up and the people who
- 4:59Speaker 1: ranusinesses were called CEOs. So at sixteen, I came home
- 5:03Speaker 1: and told my parents I'm going to be a CEO.
- 5:06Speaker 2: Not necessarily knowing what that exactly meant. You just like
- 5:10Speaker 2: it sounds great. I honestly had no clue. I just
- 5:13Speaker 2: knew they run the businesses and I like running the clubs.
- 5:15Speaker 2: And I was told the clubs are like business, so
- 5:17Speaker 2: this is easy, right. I then spent all the rest
- 5:20Speaker 2: of my time figuring out how do I improve my
- 5:22Speaker 2: odds to make that happen.
- 5:24Speaker 1: But that's why I got into tech because tech was growing,
- 5:26Speaker 1: so there's more opportunities of growing industries. I started in
- 5:29Speaker 1: sales because all the CEOs that IBM, which is a
- 5:32Speaker 1: company I started in, started out in sales. So every
- 5:35Speaker 1: decision was really like, okay, calculated, optimized, et cetera. And
- 5:39Speaker 1: the good news is I managed to do it. By
- 5:41Speaker 1: the time I was forty, I was indeed CEO of
- 5:43Speaker 1: a company, and I was able to keep my thermos
- 5:46Speaker 1: set at seventy two degrees and eat out in restaurants
- 5:48Speaker 1: and travel.
- 5:50Speaker 2: I love how that was the additial motivation and it
- 5:53Speaker 2: makes total sense. I mean, I think a lot of
- 5:55Speaker 2: us would love that. Right now, I want to talk
- 5:58Speaker 2: about your leadership experience in a sales role, because I
- 6:02Speaker 2: imagine it might be a little bit different depending on
- 6:04Speaker 2: the function. So what did you learn when you were
- 6:07Speaker 2: managing or in sales?
- 6:09Speaker 1: I will tell you I still use more skills that
- 6:12Speaker 1: I learned when I was a salesperson and sales manager
- 6:16Speaker 1: than any other job I've held. Because when you're in sales,
- 6:20Speaker 1: you learn I think the most important lesson, which is no.
- 6:24Speaker 1: It doesn't mean no. No means something's not right. Price
- 6:28Speaker 1: isn't right, the value proposition isn't right, the timing's not right,
- 6:31Speaker 1: the resources aren't right. Something's not right. Well, once you
- 6:34Speaker 1: understand that, then you can figure out what's not right
- 6:38Speaker 1: and let's go fix it. The other thing you learn
- 6:41Speaker 1: is how to ask for what you want, because you
- 6:44Speaker 1: never meet with the customer and they just say, oh,
- 6:47Speaker 1: you haven't asked for an order, but let me just
- 6:49Speaker 1: offer to buy whatever you have to sell right. That
- 6:52Speaker 1: doesn't happen. You have to actually ask for the order. Well,
- 6:55Speaker 1: in learning how to ask for the order, you learn
- 6:57Speaker 1: how to ask for anything right, which is something you
- 7:01Speaker 1: need to do all the way through your career. You
- 7:03Speaker 1: learn how to read a room and understand where the
- 7:07Speaker 1: power lies. You learn how to create win win situations
- 7:12Speaker 1: where everybody gets what they want after you negotiate. You
- 7:16Speaker 1: learn how to communicate effectively and concisely. Because people don't
- 7:20Speaker 1: have a whole lot of time for you, but what
- 7:22Speaker 1: you learn in sales, frankly, can support you in anything
- 7:27Speaker 1: you do. I tell people all the time, I think
- 7:29Speaker 1: everyone should do a stint in sales, because you learn
- 7:33Speaker 1: so much that you'll be able to leverage no matter
- 7:36Speaker 1: what it is you want to do in your career.
- 7:38Speaker 2: I want to double down on this sales experience that
- 7:41Speaker 2: you had, which specifically you said that's where you really
- 7:43Speaker 2: learned about how to get comfortable with the nose and
- 7:46Speaker 2: the rejection, because I imagine that that is something that
- 7:50Speaker 2: people feel very unhappy about, very uncomfortable, and most of all,
- 7:55Speaker 2: very dejected when they're told. So I want to understand
- 7:58Speaker 2: how did you get so comfortable with the no. Was
- 8:00Speaker 2: it always like boom, I'm okay, or was it like
- 8:03Speaker 2: a learning process?
- 8:05Speaker 1: Totally learning process. I mean the first time you get
- 8:07Speaker 1: to know, you think, oh, you're totally deflated. You feel
- 8:11Speaker 1: like a failure, right, I mean the whole bit. But
- 8:14Speaker 1: the key is you got to go find something else.
- 8:17Speaker 1: You build a habit, you build the courage, because what
- 8:20Speaker 1: you learn is yes, I got that no, but it
- 8:23Speaker 1: didn't actually kill me, right, I didn't get fired. None
- 8:28Speaker 1: of that happened. So therefore, okay, maybe it's not too bad.
- 8:33Speaker 1: But I will tell you, even after years of experience
- 8:36Speaker 1: being a salesperson, I did have one loss that literally
- 8:40Speaker 1: felt like, oh my gosh, my career's over. Tell us
- 8:43Speaker 1: about it. So Rite Aid Corporation, the big drug store chain.
- 8:47Speaker 1: They were a lot bigger long time ago. They were
- 8:50Speaker 1: my client at the time. They had man, i don't know,
- 8:52Speaker 1: two thousand stores and I'd been selling for eighteen months
- 8:56Speaker 1: trying to get IBM point of sale equipment and all
- 8:59Speaker 1: those stores. And I'd be equipment in their store back
- 9:02Speaker 1: office and then obviously corporate headquarters to support it. You know,
- 9:05Speaker 1: the whole bit. We got in the back office now
- 9:07Speaker 1: we're working at point of sale. We won the deal.
- 9:10Speaker 1: I mean, Jessica, this was like tens of millions of
- 9:13Speaker 1: dollars multi year. My boss was a hero. His boss
- 9:17Speaker 1: was a hero. I was going to kill my number,
- 9:19Speaker 1: He's going to kill as number. I mean, he's all
- 9:20Speaker 1: great until the CEO calls me into his office. Everything's
- 9:26Speaker 1: on order and says to me, Shelley, we've been thinking
- 9:30Speaker 1: about this and given that we're going to spend so
- 9:32Speaker 1: much money in point of sale, we decided we're just
- 9:35Speaker 1: going to invest in a point of sale company. What
- 9:40Speaker 1: there is like no comeback from that. I mean, I
- 9:43Speaker 1: don't have a company to sell him, right, I mean,
- 9:46Speaker 1: I'm just like, what, So now I have to go
- 9:50Speaker 1: back and I have to tell everyone that this deal
- 9:53Speaker 1: that everybody thinks is done, the equipment's on order, that
- 9:56Speaker 1: they're canceling. It was awful. It's definitely one of the
- 9:59Speaker 1: worst situations I faced in the first twenty years of
- 10:04Speaker 1: my career.
- 10:05Speaker 2: I can't even imagine the magnitude of that call from
- 10:09Speaker 2: the CEO. Where to your point, time, resources, investments, even excitement,
- 10:15Speaker 2: probably like we got this deal and suddenly it just
- 10:19Speaker 2: pulled away. I'm curious. What was the reaction like from
- 10:22Speaker 2: your team after this happened.
- 10:25Speaker 1: Oh my gosh, it was like somebody had literally died. Oh, Shelley,
- 10:30Speaker 1: I heard right. People would say, oh, you know, they're whispering.
- 10:33Speaker 1: I'm getting calls. Everybody wants lost reviews at all the levels,
- 10:36Speaker 1: and I want this and that. I come home from
- 10:38Speaker 1: work three days after all this happened and my late
- 10:41Speaker 1: husband says to me, so, how was your day? And
- 10:43Speaker 1: I'm like, how do you think my day was? And
- 10:45Speaker 1: he looks at me and he says, Shelley, the morning
- 10:48Speaker 1: period is over. He said, you are the same person
- 10:51Speaker 1: you were four days ago before you got this news.
- 10:54Speaker 1: This doesn't define you. Go find something else to sell.
- 10:58Speaker 1: And you know what, he was right. It was the
- 10:59Speaker 1: kick in the pants that I needed to realize that
- 11:03Speaker 1: a failure only defines you if you let it. If
- 11:07Speaker 1: you learn from it and move on, it just becomes
- 11:10Speaker 1: a learning experience.
- 11:12Speaker 2: So then the question is, because doing a deal like
- 11:14Speaker 2: this is never something that only one person does, how
- 11:17Speaker 2: did you then communicate this to your team right? Because
- 11:20Speaker 2: I'm imagining you felt so terrible and now leading them
- 11:24Speaker 2: through this process of Okay, this deal didn't come through.
- 11:28Speaker 2: Now we have to think about what's next. How did
- 11:30Speaker 2: you communicate that part?
- 11:31Speaker 1: The first was to come in and tell them and
- 11:34Speaker 1: tell them honestly, there was nothing we could have done differently,
- 11:38Speaker 1: and there wasn't. It wasn't like we lost to a competitor.
- 11:41Speaker 1: It wasn't like they were going to go build it themselves.
- 11:45Speaker 1: We didn't have what they needed to buy, which they
- 11:48Speaker 1: decided they wanted to buy a company. We didn't have that.
- 11:51Speaker 1: So the first thing is letting them off the hook
- 11:54Speaker 1: in terms of your fault. But you have to spend
- 11:56Speaker 1: time and actually wallow and how you feel initially in
- 12:00Speaker 1: order to get through it, because if you just suppress it,
- 12:01Speaker 1: it's going to come out later anyway. But then it's
- 12:04Speaker 1: you know, as my thing husband says that it's all right. Now,
- 12:06Speaker 1: we got to find something else to sell. We still
- 12:08Speaker 1: have a quota to make, We've still got numbers to
- 12:10Speaker 1: go after, right, and we've got to go do this.
- 12:13Speaker 1: And even if I didn't feel positive and motivated, I
- 12:18Speaker 1: needed to demonstrate that anyway, because everybody was going to
- 12:22Speaker 1: take their cue based upon how I behaved.
- 12:26Speaker 2: So what were the cues that you had to give
- 12:28Speaker 2: your team, Like how did you show up in that
- 12:30Speaker 2: way to make them feel like it's okay, we got this.
- 12:32Speaker 2: When everyone's feeling demoralized, you have.
- 12:35Speaker 1: To give them another thing to focus on. So it
- 12:38Speaker 1: was okay, pull out there. We always did these planning
- 12:41Speaker 1: sessions the beginning over a year of all the different
- 12:43Speaker 1: kinds of opportunities and what we're going after. So it's
- 12:46Speaker 1: pulling it out again to say, okay, now we've got
- 12:48Speaker 1: to basically double down on numbers two, four, five kind
- 12:52Speaker 1: of thing and go after that. And also being active
- 12:56Speaker 1: and busy really helps. So it was all right, here
- 13:00Speaker 1: are the other opportunities. Let's build the game plan, our
- 13:03Speaker 1: strategy for how we're going to go after the sales campaign.
- 13:05Speaker 1: Let's figure out who we're talking to. It's getting people
- 13:08Speaker 1: active again and focused on something new. Those are ways
- 13:13Speaker 1: to help shift the overall narrative. I love it.
- 13:16Speaker 2: I think I read a quote here and I have
- 13:17Speaker 2: it pulled up. You only become a failure if you
- 13:20Speaker 2: don't learn and.
- 13:21Speaker 1: Move on, absolutely right, Absolutely right.
- 13:25Speaker 2: So let's move over to you been working in sales,
- 13:29Speaker 2: then how do you get into a CEO role?
- 13:31Speaker 1: Eventually? Oh? I just notped my fingers, of course, right.
- 13:35Speaker 1: So then it was working to get more and more responsibility.
- 13:40Speaker 1: It was paying attention to what others ahead of me did,
- 13:44Speaker 1: what experiences people had, so that I knew which ones
- 13:47Speaker 1: to go after. So I'll give you an example. I'm
- 13:51Speaker 1: at IBM still and I am now just on the
- 13:55Speaker 1: cusp of the executive role. But I'm listening and I'm watching,
- 13:59Speaker 1: and I did the research. And the people who directly
- 14:02Speaker 1: report to the CEO, everyone in a line job had
- 14:05Speaker 1: international experience, but more than that, most of them had
- 14:09Speaker 1: spent time in Japan. Japan was the headquarters for Asia Pacific.
- 14:13Speaker 1: So I just started incorporating as kind of an oh,
- 14:16Speaker 1: by the way, when things would come up or things
- 14:18Speaker 1: would happen with people, I would just mention that, you know,
- 14:20Speaker 1: one day I'd love an opportunity in Japan. Well fast forward,
- 14:24Speaker 1: I'm now an executive and it's probably about two and
- 14:27Speaker 1: a half years later, and I get a call Tim,
- 14:29Speaker 1: a Christian. Tim says, Shelley, I remember once you said
- 14:32Speaker 1: you were interested in going to Japan. Are you still interested?
- 14:35Speaker 1: I said absolutely. He goes, I've got a job that
- 14:38Speaker 1: I think he could do. He put my name forward.
- 14:41Speaker 1: I got the job and moved to Japan. I was
- 14:44Speaker 1: super intentional about trying to understand what jobs, what experiences,
- 14:49Speaker 1: what skills were valued and required every step of the
- 14:53Speaker 1: way as I moved up, so that by the time
- 14:55Speaker 1: I was ready to compete, I had what was necessary.
- 14:58Speaker 2: What I find so interesting about even just your description
- 15:01Speaker 2: of this is like you were so clear minded in
- 15:04Speaker 2: your approach. You kind of looked at where you wanted
- 15:07Speaker 2: to go, and then you kind of moved backwards in
- 15:10Speaker 2: terms of how can I get there? And for you,
- 15:13Speaker 2: it was the apac experience that you realize, oh, I
- 15:15Speaker 2: probably need something like that under my belt for me
- 15:17Speaker 2: to be qualified for that next big jump.
- 15:20Speaker 1: Right.
- 15:20Speaker 2: But the second point that you said was making sure
- 15:23Speaker 2: people knew this was something that you wanted. I think
- 15:25Speaker 2: there's a study that says like someone needs to hear
- 15:27Speaker 2: something seven times for them to remembering. And you were like,
- 15:31Speaker 2: I'm gonna make darn sure people know I want to
- 15:34Speaker 2: go to Japan.
- 15:35Speaker 1: That's right. And it worked. I mean it happened. Yeah.
- 15:38Speaker 1: I didn't know who that I told rite that woever
- 15:41Speaker 1: effect or impact or anything. I had no idea. So
- 15:43Speaker 1: you got to cast a wide knit.
- 15:45Speaker 2: Okay, so you did your stit in Japan. You got
- 15:48Speaker 2: the experience and then what happened?
- 15:50Speaker 1: So here I meant Japan and my boss is John Joyce.
- 15:54Speaker 1: He reports directly to the CEO, lu Gerstar. So I'm
- 15:57Speaker 1: two stepped. I've done well. There wasn't anyone hiring the
- 15:59Speaker 1: company that looks like me, and I should have felt great,
- 16:04Speaker 1: but I didn't. I'll just give you one example. I
- 16:06Speaker 1: just felt it kept getting little slights. So Lugershna came
- 16:09Speaker 1: to Asia Pacific and I found out afterwards that he
- 16:13Speaker 1: met with a few of my peers one on one,
- 16:15Speaker 1: but not me. Now I was upset. I thought about it.
- 16:19Speaker 1: I'm like, you know what, if I were really on
- 16:21Speaker 1: the track to compete for the CEO job here, would
- 16:24Speaker 1: that really have happened? Probably not. So maybe I'm not
- 16:29Speaker 1: really on track to be considered for CEO. Wow, That'd
- 16:34Speaker 1: been my goal since I joined IBM. This was like
- 16:36Speaker 1: fourteen years of working kind of up through the ranks.
- 16:39Speaker 1: I still want to be CEO, but maybe it's not here.
- 16:43Speaker 1: So that's when I decided I was going to leave
- 16:45Speaker 1: IBM and look for a path to CEO outside of IBM.
- 16:49Speaker 1: And that was probably the hardest professional decision I ever
- 16:53Speaker 1: made because I had moved around. Oh my gosh, I
- 16:56Speaker 1: move probably I don't know five six times at least
- 17:00Speaker 1: with IBM. My friends therefore were mainly IBMS and my
- 17:05Speaker 1: late husband I met him at IBM. I mean, if
- 17:07Speaker 1: you cut me, I bled IBM blue. But my goal
- 17:11Speaker 1: and my intention was stronger than that. I'm like, nope,
- 17:14Speaker 1: I want to be CEO. So that's when I decided
- 17:18Speaker 1: to leave and pay attention to opportunities that were coming
- 17:20Speaker 1: my way. And I did the research. It turns out, Jessica,
- 17:23Speaker 1: a lot of people who go from big companies to
- 17:25Speaker 1: small companies, they stumble a time or two because it's
- 17:27Speaker 1: so different. And as a minority female, I don't get
- 17:31Speaker 1: that many strikes at bad. So again, how do you
- 17:34Speaker 1: improve your odds? So I said, let me go get
- 17:36Speaker 1: seat at the table jobs, meaning I report to the CEO,
- 17:39Speaker 1: I present to the board, understand what's so different, and
- 17:42Speaker 1: then go after the CEO job. And so that's what
- 17:44Speaker 1: I did. And so where did you land from IBM?
- 17:47Speaker 1: I was hired by Blockbuster. You might be too young
- 17:50Speaker 1: to remember Blockbuster, but blockbusterever.
- 17:53Speaker 2: Blockbuster that was always like our Saturday there you go,
- 17:56Speaker 2: there you go.
- 17:56Speaker 1: I was hired to build out Blockbuster dot com. Because
- 18:00Speaker 1: this is now the late nineties, Blockbuster didn't really have
- 18:02Speaker 1: a dot com presence, they knew they needed one. I
- 18:05Speaker 1: got to know Reid hay stinks because at the time
- 18:07Speaker 1: Netflix was a fledgling startup trying to get built. So
- 18:10Speaker 1: he came out pitched a Blockbuster. My boss, well, why
- 18:13Speaker 1: don't we take the two, combine them, spit it out,
- 18:15Speaker 1: and go conquer the world. But my boss passed said no,
- 18:19Speaker 1: if that ever turns into ay thing, we'll just buy it.
- 18:22Speaker 1: It's like okay. So I came home I told my husband,
- 18:27Speaker 1: I know, we just moved to Dallas from Japan for
- 18:29Speaker 1: this job like seven months ago, but I don't think
- 18:33Speaker 1: this is the right long term fit. So anyway, after
- 18:37Speaker 1: exactly a year, I took an opportunity to get to
- 18:40Speaker 1: Silicon Valley and there I was achieved marketing officer and
- 18:43Speaker 1: EVP of sales for two newly public companies, and then
- 18:48Speaker 1: got the opportunity to get my CEO job.
- 18:53Speaker 2: We have to take a short break, but when we
- 18:55Speaker 2: come back, our guest and former Tech CEO, Shelley Arshamba
- 19:00Speaker 2: opens up about one of the toughest leadership challenges she
- 19:04Speaker 2: ever faced, one that put the survival of her company
- 19:07Speaker 2: at stake. Stay with us, Welcome back to leading by example.
- 19:19Speaker 2: Our guest is former tech exec and author Shelley Orshambeau. Okay, Shelly,
- 19:25Speaker 2: as you're describing your career, one of the words that
- 19:28Speaker 2: came to mind is intentional. I think some people say
- 19:32Speaker 2: they spend more time planning a vacation than really planning
- 19:35Speaker 2: the trajectory of their career.
- 19:36Speaker 1: I say that all the time. I say that all
- 19:38Speaker 1: the time, and it's true.
- 19:40Speaker 2: So how do you feel like planning your career like
- 19:43Speaker 2: this helps you develop yourself as a leader.
- 19:46Speaker 1: So a couple things. By being intentional means you always
- 19:49Speaker 1: have a vision for where you're going. Well, in business,
- 19:52Speaker 1: every company, every division, every team needs to have a
- 19:57Speaker 1: vision for where they're going. So the way I handle
- 20:00Speaker 1: this personally is the same way I handle it in business.
- 20:02Speaker 1: So therefore people view me as of being an inspirational
- 20:05Speaker 1: leader because I always paint here is where we're going,
- 20:08Speaker 1: and then we work on how we're going to get there,
- 20:10Speaker 1: because we've got to have the plan. To me, you
- 20:11Speaker 1: set a goal. Once we know the goal, we ask ourselves.
- 20:15Speaker 1: What has to be true for me to achieve the goal,
- 20:18Speaker 1: because that's what I ask personally. But it has to
- 20:19Speaker 1: be true. Well, you have to do some research to
- 20:22Speaker 1: figure that out. But once you do the research and
- 20:23Speaker 1: you figure it out, you say, great, now how do
- 20:26Speaker 1: we make it true? And making it true is the plan,
- 20:30Speaker 1: and then you go execute the plan. So with teams,
- 20:33Speaker 1: people line up with that. It's like, Oh, I get it.
- 20:35Speaker 1: Here's what we're trying to do. Here's what we have
- 20:37Speaker 1: to do because that's what the research says we need
- 20:40Speaker 1: to go do. Here's the plan. Everybody's got a role,
- 20:42Speaker 1: and then we celebrate and acknowledge every step of the way.
- 20:45Speaker 1: But we're all part of a team moving in the
- 20:47Speaker 1: same direction. I love that.
- 20:48Speaker 2: So that philosophy and that approach is both personal and
- 20:52Speaker 2: the way you lead others as well.
- 20:54Speaker 1: Absolutely, you know, people talk about work life balance like
- 20:57Speaker 1: it's two separate things, and honestly, I hate the term
- 21:00Speaker 1: because I don't think they're two separate things. And I
- 21:02Speaker 1: also don't think you should keep things quote even all
- 21:04Speaker 1: the time, which is what Balin says. And the reason
- 21:07Speaker 1: is I leverage skills that I've learned as a mom
- 21:12Speaker 1: in business, and I leverage skills that I learned in
- 21:14Speaker 1: business at home. I mean, the whole notion of delegation,
- 21:19Speaker 1: that's something you kind of learn at work. Well, it
- 21:22Speaker 1: works great at home. You know, five year olds can
- 21:26Speaker 1: separate laundry, they know their colors. Okay, everybody can participate.
- 21:30Speaker 1: So anyway, that's why I think this whole concept of
- 21:33Speaker 1: having two lives it's crazy. No, no, no, have one
- 21:35Speaker 1: way to approach life and just bring it to work
- 21:37Speaker 1: and bring it home.
- 21:39Speaker 2: All right, So let's now talk about your time at
- 21:42Speaker 2: Metric Stream. You did a lot of amazing work there,
- 21:44Speaker 2: so tell us about your time there, but particularly the
- 21:47Speaker 2: moment when the recession hits.
- 21:49Speaker 1: Oh my gosh, because when the.
- 21:50Speaker 2: Two thousand and eight recession hit, I can't even imagine
- 21:52Speaker 2: how challenging that was.
- 21:54Speaker 1: Yeah. So first of all, just a bit of backdrop.
- 21:58Speaker 1: When I was hired to be CEO of the company,
- 22:00Speaker 1: I knew it was a broken company. This was a
- 22:02Speaker 1: company that definitely needed to turn around. Many of the
- 22:04Speaker 1: investors had given up on the company. I knew that.
- 22:07Speaker 1: Now when I got in, it was even worse than
- 22:09Speaker 1: I thought. But that's the way it goes. But the
- 22:12Speaker 1: good news is after years of work doing a merger,
- 22:16Speaker 1: doing the whole bit. In the beginning of two thousand
- 22:18Speaker 1: and eight, we had defined a category that we called
- 22:21Speaker 1: comprehensive compliance and Risk. Then Gartner comes out and says,
- 22:26Speaker 1: there's a brand new category and it's called governance, risk
- 22:29Speaker 1: and compliance software and metric Stream is a leader. So
- 22:35Speaker 1: first half of two thousand and eight it came out
- 22:36Speaker 1: like it really first quarter, right, We're like, great, now's
- 22:39Speaker 1: the time. Now we can invest in sales, we can
- 22:41Speaker 1: invest in delivery, and on our growth trajectory, we will
- 22:44Speaker 1: raise money in two thousand and nine. That was the plan.
- 22:47Speaker 1: So we're feeling great, We're going to the races, and
- 22:49Speaker 1: then September comes and everything stops. The financial crisis hits.
- 22:58Speaker 1: Oh my gosh, Well, now we've spent our money. Remember
- 23:01Speaker 1: I said we invested for the growth. So now we
- 23:04Speaker 1: squeak into two thousand and nine and not only is
- 23:07Speaker 1: it a terrible recession, but we don't have many money.
- 23:10Speaker 1: So the question was do we fold where do we fight?
- 23:14Speaker 1: And that's the question we had as the leadership team.
- 23:17Speaker 1: If we fight, it's going to be hard. And to
- 23:20Speaker 1: the credit of my team, we all said, you know
- 23:22Speaker 1: what we're going to fight, and literally it was the
- 23:25Speaker 1: hardest probably eighteen months of my life. There were many
- 23:29Speaker 1: a Thursday that I went to bed not sure that
- 23:31Speaker 1: we were going to make Friday payroll. But you know what,
- 23:34Speaker 1: we grew in two thousand and nine, and we grew
- 23:37Speaker 1: in twenty ten, and we grew in twenty eleven, and
- 23:40Speaker 1: we ended up building a global market leader in governance,
- 23:43Speaker 1: risk and compliance. It was an incredible, incredible journey with
- 23:47Speaker 1: an amazing team.
- 23:49Speaker 2: That story tells me so much about the leadership decision
- 23:53Speaker 2: and as a leadership team, you guys were like, no,
- 23:55Speaker 2: we're going to fight this and we're going to try
- 23:57Speaker 2: to make it through.
- 23:58Speaker 1: So then my question is, during time like.
- 24:00Speaker 2: This where you have no idea how you're going to
- 24:02Speaker 2: make payroll, how important is being present and showing up
- 24:07Speaker 2: for your team?
- 24:09Speaker 1: It's huge And I learned that first. Dan and I
- 24:11Speaker 1: had a boss once that anytime anything was going off
- 24:14Speaker 1: the rails, you couldn't find her. It was like, okay,
- 24:20Speaker 1: So being present is super important because your team gets
- 24:24Speaker 1: their courage from you, and they also have to see
- 24:28Speaker 1: what you're willing to do.
- 24:30Speaker 2: How do you know when you just have to make
- 24:33Speaker 2: a decision, or do we just kind of figure it out,
- 24:36Speaker 2: like waiting for more information before we make such a
- 24:39Speaker 2: big decision. How do you make that judgment call?
- 24:42Speaker 1: This is another one that I've learned, which is eighty
- 24:46Speaker 1: percent good and fast beats one hundred percent perfect and slow.
- 24:51Speaker 1: Every day of the week. You can always course correct.
- 24:56Speaker 1: But when you delay and delay a decision, you are
- 24:59Speaker 1: freezing the entire higher organization that's waiting to figure out
- 25:02Speaker 1: which direction you're going in. And even though you don't
- 25:05Speaker 1: realize you're freezing the organization, you are so especially when
- 25:11Speaker 1: you have a small, young business, everybody is working so
- 25:15Speaker 1: hard that if you do anything that slows or stalls,
- 25:18Speaker 1: you basically risk your steals getting done, You risk investments
- 25:22Speaker 1: being made, You risk all kinds of things. So my
- 25:26Speaker 1: whole thing was always trying to get not perfect information,
- 25:30Speaker 1: but enough where I'm like, am I capable of taking
- 25:32Speaker 1: the risk? And can we at least set some metrics
- 25:36Speaker 1: or some data points that tell us if we're on
- 25:38Speaker 1: track off tracks so we can pivot. Much better to
- 25:41Speaker 1: make the wrong decision fast and then pivot than it
- 25:45Speaker 1: is to make the right decision two months later, because
- 25:48Speaker 1: the world could have changed, anything could have happened. And
- 25:51Speaker 1: I learned this early. Again, what do you learn in
- 25:53Speaker 1: sales at a senior sales position? And I'd moved, so
- 25:57Speaker 1: this is a new location, new customer set. With the
- 26:00Speaker 1: customer uncovered an opportunity. I wanted to make sure, since
- 26:03Speaker 1: I was making a first impression, that this proposal was
- 26:06Speaker 1: perfect perfect, So I did the work, figured out what
- 26:09Speaker 1: we should recommend. I then put prosal together. I then
- 26:11Speaker 1: had my boss look at it, right, I tweaked it
- 26:13Speaker 1: some more. I'm feeling really good. I finally call him
- 26:15Speaker 1: up to make the appointment to come back and meet him.
- 26:17Speaker 1: I go and meet him, give him the pitch, and
- 26:19Speaker 1: he's like, oh, Shelly, this is great chost justification, the
- 26:22Speaker 1: whole bit. I just wish I had this two days
- 26:24Speaker 1: earlier because I just got a budget cut. Yesterday, I
- 26:28Speaker 1: got no sale. Now two days earlier. Was it good enough? Yeah?
- 26:32Speaker 1: It was good enough. So I learned that early eighty
- 26:36Speaker 1: percent good and fast. It's one hundred percent slow every
- 26:39Speaker 1: day of the week.
- 26:40Speaker 2: That is so good. I feel like so many people
- 26:43Speaker 2: overthink it has to be perfection before they deliver, but
- 26:46Speaker 2: actually it's better you go now and then you can
- 26:49Speaker 2: course correct as you go. Just like you said, I
- 26:52Speaker 2: want to talk about now what you do you serve
- 26:54Speaker 2: on multiple boards at Fortune five, at your companies, what
- 26:57Speaker 2: an experience? And of course now you have this nonprofit,
- 27:01Speaker 2: what do you see are some gaps in corporate leadership
- 27:04Speaker 2: that made you actually want to start your nonprofit? Ignite ambition?
- 27:09Speaker 1: Well, a unite ambition is really focused on what I
- 27:12Speaker 1: call the mighty middle. Companies these days tend to start
- 27:17Speaker 1: focusing on developing, I mean truly developing their people when
- 27:21Speaker 1: they think they have executive leadership potential. Right, Well, there's
- 27:26Speaker 1: a lot of people and there's a lot of time
- 27:28Speaker 1: before that that if they had development and growth, could
- 27:32Speaker 1: probably then do better. So there is so much to
- 27:35Speaker 1: being successful and at getting to achieve your aspirations that
- 27:40Speaker 1: have nothing to do with delivering on your objectives, that
- 27:43Speaker 1: have nothing to do with do you actually make and
- 27:47Speaker 1: keep your commitments, but have everything to do with things
- 27:50Speaker 1: like executive presence, ability to communicate, ability to network effectively.
- 27:57Speaker 1: You know, there's all these other skills that are just
- 28:00Speaker 1: as important to build the roundedness that there's not a
- 28:05Speaker 1: lot of places within companies that they actually teach these
- 28:07Speaker 1: things and I personally feel there is so much wasted
- 28:12Speaker 1: talent out there because what happens is people hit a
- 28:15Speaker 1: roadblock or a hurdle, they're not sure how to deal
- 28:17Speaker 1: with it, they may not deal with it properly, whatever,
- 28:19Speaker 1: and it either derails them or slows them down or
- 28:22Speaker 1: they get stuck. Well, I'm trying to help those people
- 28:25Speaker 1: because frankly, those things that happen, there are ways to
- 28:28Speaker 1: get through them, waste to get over them, waste to
- 28:30Speaker 1: work around it, and so through ignite ambition, I'm trying
- 28:34Speaker 1: to share in a scaled way all these tips and
- 28:37Speaker 1: techniques to help you actually go after your ambitions and
- 28:41Speaker 1: make things happen by learning how. So we provide cohorts
- 28:45Speaker 1: that actually train on some of these things. We just
- 28:48Speaker 1: had one how to tell your story right. People do
- 28:51Speaker 1: a terrible job of introducing themselves, so it's a wasted
- 28:54Speaker 1: opportunity every time. Learn how to tell your story so
- 28:57Speaker 1: when you say who you are in a very period.
- 29:00Speaker 1: Tip people to actually know what your skill sets are,
- 29:01Speaker 1: which're capable of all those things. We've done one on,
- 29:05Speaker 1: like I said, improving executive presence. We've done one even
- 29:07Speaker 1: on fiscal how to manage your money, so you have flexibility.
- 29:11Speaker 1: So we have those, but then we also have sessions
- 29:13Speaker 1: where we bring in senior executives and I make them available.
- 29:16Speaker 1: Everything's virtual, make them available for Q and A. You know,
- 29:19Speaker 1: ask a few questions to get it going, but give
- 29:20Speaker 1: people a chance to actually ask CFOs questions, CEOs questions
- 29:24Speaker 1: that they wouldn't normally have a chance. And then I
- 29:27Speaker 1: personally don't ask me anything where once a month, anything
- 29:30Speaker 1: that you're dealing with, you know, work at home, whatever,
- 29:32Speaker 1: you can come and get my perspective. I may not
- 29:34Speaker 1: always have the answer, but I'm happy to share a perspective.
- 29:37Speaker 1: So those are some of the things that we do,
- 29:39Speaker 1: and then we encourage the community to support each other.
- 29:41Speaker 1: So that's what I'm trying to do with Ignite Ambition.
- 29:44Speaker 1: I want more people to be able to achieve their aspirations,
- 29:48Speaker 1: no matter what they're pursuing, whether they're going nonprofit or
- 29:51Speaker 1: their startups, or they're in corporate America.
- 29:53Speaker 2: This really hits home because we also do a lot
- 29:56Speaker 2: of leadership development training and I often feel like, you know,
- 29:59Speaker 2: when you look at people or in this mid level manager,
- 30:01Speaker 2: it's not that they lack ambition. I think a lot
- 30:04Speaker 2: of people naturally are very ambitious. But why do people
- 30:06Speaker 2: burn out? They burn out because they're working so hard,
- 30:09Speaker 2: but they're not getting that recognition correct and then so
- 30:12Speaker 2: they go why even bother right? And then they stop.
- 30:15Speaker 2: And So to the point of this training you know
- 30:17Speaker 2: that you now do with your nonprofit. I think it's
- 30:19Speaker 2: so important because you're letting them know you have the
- 30:22Speaker 2: technical know how. But let's think about sharpening it a
- 30:26Speaker 2: little bit by adding the executive presence, the storytelling, the
- 30:29Speaker 2: how do you introduce yourself? Because that's how you can
- 30:32Speaker 2: really package yourself to your point of showing up right,
- 30:35Speaker 2: because impressions really are so important. Absolutely, So as we
- 30:39Speaker 2: close here, we always like to ask our guests this
- 30:41Speaker 2: one question. What does leading by example mean to you?
- 30:45Speaker 1: Leading by example means being authentic. It is walking the talk,
- 30:50Speaker 1: whatever your beliefs are, whatever your core meaning is that
- 30:55Speaker 1: you're consistent with it when you lead.
- 30:58Speaker 2: So, Shelley, I'd love for people to be able to
- 31:00Speaker 2: find you and get in contact with you. What's the
- 31:02Speaker 2: best way for them to learn more about you and
- 31:05Speaker 2: get access to your.
- 31:06Speaker 1: Book Shelley dot com And it is literally sach l
- 31:09Speaker 1: l Ye dot com. You can find Ignite Ambition. You
- 31:13Speaker 1: can find information about my book and Apologetically Ambitious, which
- 31:16Speaker 1: is available on Amazon or any place that you like
- 31:19Speaker 1: to shop, and you can also follow me on LinkedIn.
- 31:22Speaker 1: I'm very active. I always try to share inspirational leadership
- 31:25Speaker 1: messages because I'm just trying to help others achieve their
- 31:29Speaker 1: overall ambitions. I love that.
- 31:31Speaker 2: Thank you so much, Shelley, Thank you. Wasn't that such
- 31:39Speaker 2: a great interview with Shelley? I walked away with so
- 31:42Speaker 2: much great insight, And after our conversation, I started reflecting
- 31:46Speaker 2: on what really stood out to me, and this was
- 31:48Speaker 2: the first one. No doesn't mean no, It just means
- 31:52Speaker 2: something isn't right. A lot of times, when we put
- 31:56Speaker 2: ourselves out there and we ask for what we want
- 31:59Speaker 2: and we get told to no, we have to think
- 32:01Speaker 2: about it as maybe it was the timing. Maybe the
- 32:06Speaker 2: value we're proposing just isn't landing the way it should,
- 32:11Speaker 2: and here's something important. A lot of times we might
- 32:14Speaker 2: not even get that explicit no. Instead we might get ignored.
- 32:19Speaker 2: People don't respond to us, and honestly, that can sting
- 32:23Speaker 2: equally as much now for a lot of us, hardworking,
- 32:27Speaker 2: ambitious professionals when we put ourselves out there. It's because
- 32:31Speaker 2: we care deeply about it and it is easy to
- 32:34Speaker 2: take it personally. But the one reframe I learned here
- 32:37Speaker 2: is no is never a reflection of our ideas. It
- 32:41Speaker 2: just means that you might need to redirect your ask,
- 32:44Speaker 2: so it lands differently. In my book, Smart Not Loud,
- 32:49Speaker 2: I talk about how getting comfortable with following up is
- 32:52Speaker 2: actually part of the process of getting what you want,
- 32:56Speaker 2: and the simplest way to follow this is to go
- 32:59Speaker 2: about it by offering something new in your follow up.
- 33:03Speaker 2: And it's as simple as saying, since my last email,
- 33:07Speaker 2: I found some new data I'd love to share with you.
- 33:11Speaker 2: Just even that one shift suddenly makes your follow up
- 33:15Speaker 2: feel less pushy, and it actually re engages the conversation.
- 33:20Speaker 2: Here's a second tip. She said, eighty percent good and
- 33:24Speaker 2: fast beats one hundred percent perfect and slow every time.
- 33:29Speaker 2: This one really landed for me because Shelley also backed
- 33:33Speaker 2: it up with this real story of how she was
- 33:35Speaker 2: working on this project and she was spending a lot
- 33:38Speaker 2: of time doing it to really just perfect it, and
- 33:42Speaker 2: suddenly she turned it in and her boss comes back
- 33:45Speaker 2: by saying, gosh, I wish you brought this to me
- 33:48Speaker 2: two days earlier, because now we don't have the budget.
- 33:51Speaker 2: Can't you just imagine that conversation vividly in your own mind,
- 33:55Speaker 2: like I certainly can, and I think for a lot
- 33:57Speaker 2: of us we might struggle with this sense of it
- 34:00Speaker 2: has to be perfect, and we do it as a
- 34:03Speaker 2: way to almost protect ourselves because we do want to
- 34:06Speaker 2: give the best work and you know, going back to
- 34:09Speaker 2: the no, we don't want to get rejected. But what
- 34:12Speaker 2: I think is really important here is sometimes that perfectionism
- 34:16Speaker 2: can actually be a risk. It can be a risk
- 34:20Speaker 2: because what we are actually doing is not allowing ourselves
- 34:24Speaker 2: the opportunity to actually capture the timing, to capture the
- 34:28Speaker 2: moment where we can get that yes and truth. Is
- 34:32Speaker 2: a lot of times things don't even have to be
- 34:34Speaker 2: one hundred percent perfect. You hit that send, you hit
- 34:38Speaker 2: that publish, and it's when things are live then you
- 34:42Speaker 2: can start to reiterate on it and perfect it. The
- 34:45Speaker 2: third point was your team gets their courage from you.
- 34:50Speaker 2: This basically means in times of uncertainty and a lot
- 34:53Speaker 2: of anxiety, the way you, as a leader carry yourself
- 34:58Speaker 2: has a lot of sway in the world your team
- 35:00Speaker 2: is going to handle themselves in that moment. Science actually
- 35:04Speaker 2: backs us up. Research from more in business school studied
- 35:08Speaker 2: what they call emotional contagion, and it's the phenomenon where
- 35:12Speaker 2: emotions spread from one person to another, often completely unconsciously.
- 35:18Speaker 2: Now this is important because in times of uncertainty, people
- 35:23Speaker 2: are looking to their leaders. They're gauging their emotions, and
- 35:28Speaker 2: leaders have a strong influence on the mood and the
- 35:32Speaker 2: attitudes and the performance of their team in times of uncertainty.
- 35:37Speaker 2: As a leader, your ability to just step up becomes
- 35:40Speaker 2: even more important. And making sure all the cues you're
- 35:43Speaker 2: giving to your team and how they should be thinking
- 35:46Speaker 2: about their work. You, as a leader, actually have a
- 35:49Speaker 2: lot of influence in what that looks like. So want
- 35:55Speaker 2: to give Shelley a big thank you for joining us.
- 35:58Speaker 2: I really enjoy this conversation. And to all of you
- 36:01Speaker 2: who are listening. If you enjoyed this episode, or you
- 36:04Speaker 2: have feedback on what you want to hear and guests
- 36:07Speaker 2: you'd like to hear from, please rate and review leading
- 36:10Speaker 2: by example. Every review, every rating really does help us
- 36:14Speaker 2: reach more people and make this show the best it
- 36:17Speaker 2: can be. I'm Jessica Chen, the author of Smart Not Loud.
- 36:21Speaker 2: How to get noticed at work for all the right reasons.
- 36:24Speaker 2: The CEO of Soulcast Media, a communications training company, and
- 36:28Speaker 2: for more information about me and what I do, head
- 36:31Speaker 2: over to our website Soulcastmedia dot com or add me
- 36:34Speaker 2: on LinkedIn and Instagram. A huge thank you to our
- 36:38Speaker 2: production team at Ruby Studio, especially Kelly, Kyle, Matt Stillo
- 36:42Speaker 2: and Sierra Spring. We'll be back in two weeks with
- 36:45Speaker 2: another episode of Leading by Example. I'll see you then,