Franchise Update Magazine Issue I, 2015 | Page 19

POWERHOUSE WOMEN IN FRANCHISING and Mary Kennedy Thompson. How did you benefit from networking? Throughout my career, I’ve been very active in the IFA, including the Women’s Franchise Network, and I’m active on many committees. I serve on the IFA board and have benefited from the great network of people there. The key is to serve and get involved. What role, if any, did mentors play in your career? How have they helped you? I’ve been blessed with many mentors during my career, and I’ve worked to implement their advice in my experience. From my very first job at Fluor, where I worked for six months, I developed a mentor. At Beckman Instruments, I spent three years in purchasing and worked with the vice president of manufacturing as my mentor. For more than 20 years, my mentor was Don Lowe, CEO of the multi-brand franchising company Franchise Services, Inc. Today, I benefit from several close friends and mentors including Shelley Sun, CEO of BrightStar Care, Barbara Moran-Goodrich, CEO of Moran Family of Brands, and David Barr, fellow IFA board member. By working with mentors, I have improved and developed essential management skills. My mentors have coached me through specific individual challenges as well as inspired me. Are you now mentoring others? I mentor several individuals at this time. I receive requests from people for mentoring through public speaking engagements for the IFA. Often, I am asked for guidance by people in franchising who seek specific, short-term guidance. I also mentor people within Fastsigns International and have some long-term mentoring relationships outside of the company. What communication skills helped you reach the top? I believe that strong public speaking skills are critical for effectively attaining and maintaining a C-level position in any business or organization. You must have effective written and interpersonal communication skills to communicate your vision for the company. You need to have good listening skills and understand how to set and achieve goals. The ability to motivate others is also important. What other skills were important? I believe there are many important skills to help you reach the C-level. You need to be a great leader and strategic planner. It’s also helpful to have financial acumen. I think you should be able to delegate to others and identify the strengths of your organization. I believe you need a positive mental attitude to keep your motivation and spirits up in order to motivate and inspire your team. You need to be great at inspiring people to focus on and achieve goals. women don’t place their career at the same priority as I did. If men take off work to be the primary caregiver to their children, they likely face the same issue. Did you encounter stereotypes/sexism, and how did you overcome that? Of course I ran into some sexism. My response was to work harder and longer than any of my competition. I never stopped learning and taking personal responsibility for increasing my skills and competency and winning through sheer determination. One of my favorite sayings is, “Life isn’t fair. Fair is two weeks in the summer with cotton candy and a midway.” Life isn’t fair, and we just need to get over it and move on. What’s at stake if women continue to be underrepresented in the C-suite? If you see this as a problem, please explain. Although more women are entering the C-suite, they are still under-represente