What has been the most challenging moment you have faced in your journey as a leader?
Working through the Recession of 2008, I looked for ways to keep as many of our staff employed as possible while still reducing expenses in order to stay profitable. My strategy was to engage key and long-term employees in our efforts by asking for their partnership in reducing work hours, pay and restructuring several positions. My vision was to not “contribute” to the Recession with massive layoffs, but work together to overcome it. This strategy worked and today we are growing and stronger than ever.
Was there ever a moment where your confidence in your leadership was shaken?
In 1999, early in my career with the Resnick Automotive Group, I joined a “20 group”. (A forum of peers to discuss our industry and exchange ideas.) These were CFOs from different states who had at least three dealerships or more. As I walked in the door, I realized I was the only woman in the room. Suddenly, it became very quiet. The silence had me questioning myself and my confidence. Today, I am still a member of that group and proud that other women have also joined our ranks.
What more can be done to ensure that leadership skills are being cultivated in young girls?
This is an important issue for me. When I was a young girl I had opportunities for leadership that may not be as easy to attain now. I have created an internship program for women to work alongside a mentor to get a real “hands-on” experience. We also understand the needs of young women that are going to school. Giving them a flexible schedule that also allows them valuable work experience.
What advice do you have for women who are interested in leadership positions at their companies?
Go for it! Look at your company and decide what position is your goal and how long you think it will take to achieve it. Ask if there are additional education or certification requirements you need to earn that position. Create your plan and work your way towards the goal. There may be bumps in the road but always look at what you can learn from them and keep moving forward. You can accomplish anything if you believe you can.
What can be done to bring more women onto corporate and nonprofit boards to create more opportunities for leadership for women?
I think that mentoring is a good way to bring more women into leadership roles. Actively look for talent in the women that are around you and see if you can nurture it. Give them some of your own insight into the confidence and satisfaction you can feel from working in a leadership role by guiding and growing a company.