The new book
Her next book will focus on career transitions more commonly taking place later in life. She says: “In the past, I’ve looked at how our sense of who we are can hold us back, the idea that what got you here won’t get you there. Now, I’m exploring the career transitions that people are increasingly making later in their lives. We no longer retire as we used to; lots of people are making big career changes post the age of 50 and that poses its own challenges. “We’re all living longer. More people are making mid-career transitions either because they have or want to. Some feel what they’ve been doing isn’t meaningful enough. Whatever the reason, they still need guidance, but there’s not a lot of institutional support at that stage.
Someone older may decide they want to work differently, so they look around and there are a lot more options. “But there’s also a lot of confusion about how to do it. Transitions aren’t codified. I say they’re ‘under-institutionalised’. Making a shift at the age of 50 from one field to something very different – say, from law to the arts – you don’t know how long it’s going to take or who to turn to for guidance. The good news is, when you make the change, you’re more likely to find something that’s a tailored fit.” Herminia is proud of her role in the LBS Women in Leadership programme, which she co founded. What happens to women when they are trying to transition into senior positions has always been a point of interest. She says: “What do women need to make it to those senior roles?
My interest in sponsorship is an offshoot of that. I started my career looking at social networks and how they relate to career development. Women in large organisations were not seeing people like them in senior jobs. Similarity is the basis of connection. People look for someone they have something in common with and who they hope will promote them. But my research showed that women are likely to have two different networks – a work one and a separate social network.
Typically, men had one network across their work and social lives. When you’re working across differences it’s easy to feel less authentic, uncomfortable, perhaps a bit self-interested and crummy about yourself. That applies to sponsorship, too.”
Herminia believes the LBS programme is very effective at developing future female leaders and has introduced training for women’s sponsors to improve their effectiveness. Her research into the progression of alumni from top business schools revealed that having a mentor made a significant difference to someone’s likelihood of being promoted, but also showed this was more true for men than for women.
Why? Because those in power who were acting as mentors were still more likely to be men. She also discovered that the kinds of conversations happening between mentors and male mentees were different to those happening with women. Men were more likely to be told who the gatekeepers were in organisations and given introductions to key people.
Female mentees tended to be given advice but less tangible support. In effect, women were more likely to be mentored in the traditional sense, whereas men were being sponsored. “Sponsorship is fundamentally different to mentoring. It is strategically helping someone from A to B,” Herminia explains. “Women are often over-mentored and under-sponsored. Organisations have tried to fix this, but too often you end up with a tick-box approach and attempts to systematise the process. The truth is, you can’t mandate it. It’s about having more strategic conversations. What really matters is developing a relationship that is authentic, and to be a real relationship it must develop in the direction of advocacy.” Between teaching, writing and research, both on campus and from home, no two days look the same for Herminia. Her home, which she shares with her teenage son, is a short walk to the LBS buildings on the edge of Regents Park. When possible, she makes the most of the city’s cultural life, indulging her love of contemporary art – she is a keen collector – and opera. Reading is another passion. She recently finished Trust by Booker Prize long-listed author Hernan Diaz.
A long reading list
Finding time to read fiction, however, can be a challenge. For some years, she has been a judge in the Financial Times/ McKinsey Business Book of the Year Award. This ensures that summer holidays, often spent with family either in Europe or Miami, inevitably involve a reading list of 15 of the latest business publications. As a business author herself, she sees no reason to complain. Both Working Identity (first published in 2003) and Act Like a Leader, Think Like a Leader are being reissued this October in updated editions, reflecting their continued popularity. Speaking of the enduring appeal of her books – and the relevance of her work – she says, “Transitions are a fact of life, but they’re difficult when you’re going through them. My research acknowledges what people find hard is going against the grain of who they have been. “I hope to give them practical ideas about how to experiment with new roles and behaviours until they’ve figured out who they want to be next.”