Bonnie Hammer: Women in Business Should Seek ‘Tough Love’ Mentors
-
bookmark
-
print
Some professional mentors are like close friends. Others are who you depend on to widen your network of contacts. Then there are the kind of mentors who provide invaluable feedback, no matter how harsh, that can help people really grow in their careers.
The latter are who women in business, especially those early in their careers, should really form relationships with and seek out feedback – even if it is difficult, said Bonnie Hammer, Vice Chairman, NBCUniversal, at the 10th BMO Forum for Executive Women in Chicago.
“The mentors I’m really talking about—the ones who I believe if it weren’t for them in my life, I’d have never done or achieved what I’ve achieved—I call them challenging mentors,” said Hammer, during a riveting on-stage conversation hosted by my colleague Kim Liautaud, Head of U.S. Real Estate and Infrastructure, BMO Commercial Bank.
“They push you. They put the ‘tough’ in tough love. And trust me, sometimes it’s very, very tough,” she said.
Drill sergeants
In her recent book 15 Lies Women Are Told at Work…And the Truth We Need to Succeed, Hammer referred to mentors who have this role as “drill sergeants.” However, these people, as unvarnished sources of professional feedback and career advice, can really help women grow as business leaders.
Hammer recounted her own experience with her truth-telling mentor, the media mogul Barry Diller, who would push her to self-analyze the fine details of her own arguments over and over.
While she greatly appreciated the male mentors in her career, Hammer also encouraged the audience of primarily women to be “tough love” mentors to other women—which she called “womentors.” This is something that she said is becoming more common as women gradually take on C-suite roles. This was a common theme throughout the day’s event.
What’s important is that women seek out these kinds of mentors, who may not always have flowery things to say.
“Women shy away from them because often times what they tell you does not feel good…I’m not talking about abusive bosses or really lousy people,” said Hammer. “I’m talking about those [people] that will tell you the truth about something you’ve done that doesn’t feel good, but when you go home or go into the stall in the bathroom, you know they’re right.”
The importance of zig-zagging
During the conversation, Hammer also did some myth busting when it came to the assumption that people in their careers should always move higher and more senior in terms of roles and responsibilities.
“We’ve been brought up [to think] everything is a ladder, and rung by rung you get to the top,” said Hammer. But with today’s pace of technological and corporate change, it is no longer sound career advice to stay only focused on the next rung higher.
“When you are close to that rung, you have a single skill set and that industry may be gone, just doesn’t exist anymore. So, I’ve always been a believer in zig-zagging—sometimes taking jobs that aren’t necessarily a step up, you may not get more money…but you are gaining skills that you would never get in another way to broaden who you are and what you can do.”
(From left to right: Shalini Hanoman Campbell, Managing Director, BMO Capital Markets; Bonnie Hammer, Vice Chairman, NBCUniversal; and Erica Kuhlmann, Managing Director, Food, Consumer and Agribusiness Group, BMO Commercial Bank)
Wrestling with wrestling
Hammer’s own example of making a beneficial lateral move in her career resulted in the creation of the pop culture phenomenon, World Wrestling Entertainment. In the 1990s, her boss asked her to oversee the USA Network’s professional wrestling franchise—something Hammer knew nothing about.
“I never watched wrestling in my life. I have neither gone to an event in my life nor did I ever intend to in my life,” she said humorously. Nevertheless, Hammer combined her knack for character development and drama with wrestling’s sport and physicality. She also acquired valuable experience in the process.
“Even though things may seem really weird and not connected to what you want to do, the skillset that you can gain from it and, for me, the ability to go toe to toe with anybody after I lived through that experience, nothing ever scared me again.”
Lift each other up
In addition to advising women business leaders to focus more on broadening their experiences instead of being fixated on moving higher, Hammer also emphasized the importance of women helping other women to advance in their careers.
Too often, she said she had witnessed women professionally jostling with each other for a seemingly limited number of leadership positions, particularly in male-dominated industries. Hammer encouraged women to support each other, especially the next generation of leaders.
“It doesn’t have to be ‘his’ world or ‘her’ world. It can be both of our worlds,” Hammer said.
“And the more women we bring up with us, the more women we help and empower to be there with us will mean that there will be more women in c-suites, which will help everybody.”
Erica Kuhlmann
Market Executive & Managing Director, Food, Consumer and Agribusiness Group
312-461-2221
Erica T. Kuhlmann is a Managing Director and Market Executive of BMO Commercial Bank's Food, Consumer and Agribusiness Group. The Food, Consumer and…(..)
View Full Profile >Some professional mentors are like close friends. Others are who you depend on to widen your network of contacts. Then there are the kind of mentors who provide invaluable feedback, no matter how harsh, that can help people really grow in their careers.
The latter are who women in business, especially those early in their careers, should really form relationships with and seek out feedback – even if it is difficult, said Bonnie Hammer, Vice Chairman, NBCUniversal, at the 10th BMO Forum for Executive Women in Chicago.
“The mentors I’m really talking about—the ones who I believe if it weren’t for them in my life, I’d have never done or achieved what I’ve achieved—I call them challenging mentors,” said Hammer, during a riveting on-stage conversation hosted by my colleague Kim Liautaud, Head of U.S. Real Estate and Infrastructure, BMO Commercial Bank.
“They push you. They put the ‘tough’ in tough love. And trust me, sometimes it’s very, very tough,” she said.
Drill sergeants
In her recent book 15 Lies Women Are Told at Work…And the Truth We Need to Succeed, Hammer referred to mentors who have this role as “drill sergeants.” However, these people, as unvarnished sources of professional feedback and career advice, can really help women grow as business leaders.
Hammer recounted her own experience with her truth-telling mentor, the media mogul Barry Diller, who would push her to self-analyze the fine details of her own arguments over and over.
While she greatly appreciated the male mentors in her career, Hammer also encouraged the audience of primarily women to be “tough love” mentors to other women—which she called “womentors.” This is something that she said is becoming more common as women gradually take on C-suite roles. This was a common theme throughout the day’s event.
What’s important is that women seek out these kinds of mentors, who may not always have flowery things to say.
“Women shy away from them because often times what they tell you does not feel good…I’m not talking about abusive bosses or really lousy people,” said Hammer. “I’m talking about those [people] that will tell you the truth about something you’ve done that doesn’t feel good, but when you go home or go into the stall in the bathroom, you know they’re right.”
The importance of zig-zagging
During the conversation, Hammer also did some myth busting when it came to the assumption that people in their careers should always move higher and more senior in terms of roles and responsibilities.
“We’ve been brought up [to think] everything is a ladder, and rung by rung you get to the top,” said Hammer. But with today’s pace of technological and corporate change, it is no longer sound career advice to stay only focused on the next rung higher.
“When you are close to that rung, you have a single skill set and that industry may be gone, just doesn’t exist anymore. So, I’ve always been a believer in zig-zagging—sometimes taking jobs that aren’t necessarily a step up, you may not get more money…but you are gaining skills that you would never get in another way to broaden who you are and what you can do.”
(From left to right: Shalini Hanoman Campbell, Managing Director, BMO Capital Markets; Bonnie Hammer, Vice Chairman, NBCUniversal; and Erica Kuhlmann, Managing Director, Food, Consumer and Agribusiness Group, BMO Commercial Bank)
Wrestling with wrestling
Hammer’s own example of making a beneficial lateral move in her career resulted in the creation of the pop culture phenomenon, World Wrestling Entertainment. In the 1990s, her boss asked her to oversee the USA Network’s professional wrestling franchise—something Hammer knew nothing about.
“I never watched wrestling in my life. I have neither gone to an event in my life nor did I ever intend to in my life,” she said humorously. Nevertheless, Hammer combined her knack for character development and drama with wrestling’s sport and physicality. She also acquired valuable experience in the process.
“Even though things may seem really weird and not connected to what you want to do, the skillset that you can gain from it and, for me, the ability to go toe to toe with anybody after I lived through that experience, nothing ever scared me again.”
Lift each other up
In addition to advising women business leaders to focus more on broadening their experiences instead of being fixated on moving higher, Hammer also emphasized the importance of women helping other women to advance in their careers.
Too often, she said she had witnessed women professionally jostling with each other for a seemingly limited number of leadership positions, particularly in male-dominated industries. Hammer encouraged women to support each other, especially the next generation of leaders.
“It doesn’t have to be ‘his’ world or ‘her’ world. It can be both of our worlds,” Hammer said.
“And the more women we bring up with us, the more women we help and empower to be there with us will mean that there will be more women in c-suites, which will help everybody.”
Women in Business
PART 2
Leader Journeys: Four Women Executives Share Their Insights
Kimberley Goode | April 25, 2024 | Business Strategy
The tide is turning. Women account for 28% of C-suite executives in the U.S., according to a October 2023 McKinsey report, the highest ever recorded.…
What to Read Next.
Leader Journeys: Three Women Explore How to Keep the Momentum Going
Jennifer Schlott-Rouzan | June 27, 2024 | Business Strategy
The female economy continues to grow stronger. Along with significant gains in politics and business, more women are earning college degrees—bo…
Continue Reading>More Insights
Tell us three simple things to
customize your experience.
Contact Us
Banking products are subject to approval and are provided in the United States by BMO Bank N.A. Member FDIC. BMO Commercial Bank is a trade name used in the United States by BMO Bank N.A. Member FDIC. BMO Sponsor Finance is a trade name used by BMO Financial Corp. and its affiliates.
Please note important disclosures for content produced by BMO Capital Markets. BMO Capital Markets Regulatory | BMOCMC Fixed Income Commentary Disclosure | BMOCMC FICC Macro Strategy Commentary Disclosure | Research Disclosure Statements.
BMO Capital Markets is a trade name used by BMO Financial Group for the wholesale banking businesses of Bank of Montreal, BMO Bank N.A. (member FDIC), Bank of Montreal Europe p.l.c., and Bank of Montreal (China) Co. Ltd, the institutional broker dealer business of BMO Capital Markets Corp. (Member FINRA and SIPC) and the agency broker dealer business of Clearpool Execution Services, LLC (Member FINRA and SIPC) in the U.S. , and the institutional broker dealer businesses of BMO Nesbitt Burns Inc. (Member Canadian Investment Regulatory Organization and Member Canadian Investor Protection Fund) in Canada and Asia, Bank of Montreal Europe p.l.c. (authorised and regulated by the Central Bank of Ireland) in Europe and BMO Capital Markets Limited (authorised and regulated by the Financial Conduct Authority) in the UK and Australia and carbon credit origination, sustainability advisory services and environmental solutions provided by Bank of Montreal, BMO Radicle Inc., and Carbon Farmers Australia Pty Ltd. (ACN 136 799 221 AFSL 430135) in Australia. "Nesbitt Burns" is a registered trademark of BMO Nesbitt Burns Inc, used under license. "BMO Capital Markets" is a trademark of Bank of Montreal, used under license. "BMO (M-Bar roundel symbol)" is a registered trademark of Bank of Montreal, used under license.
® Registered trademark of Bank of Montreal in the United States, Canada and elsewhere.
™ Trademark of Bank of Montreal in the United States and Canada.
The material contained in articles posted on this website is intended as a general market commentary. The opinions, estimates and projections, if any, contained in these articles are those of the authors and may differ from those of other BMO Commercial Bank employees and affiliates. BMO Commercial Bank endeavors to ensure that the contents have been compiled or derived from sources that it believes to be reliable and which it believes contain information and opinions which are accurate and complete. However, the authors and BMO Commercial Bank take no responsibility for any errors or omissions and do not guarantee their accuracy or completeness. These articles are for informational purposes only.
This information is not intended to be tax or legal advice. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. This information is being used to support the promotion or marketing of the planning strategies discussed herein. BMO Bank N.A. and its affiliates do not provide legal or tax advice to clients. You should review your particular circumstances with your independent legal and tax advisors.
Third party web sites may have privacy and security policies different from BMO. Links to other web sites do not imply the endorsement or approval of such web sites. Please review the privacy and security policies of web sites reached through links from BMO web sites.
Notice to Customers
To help the government fight the funding of terrorism and money laundering activities, federal law (USA Patriot Act (Title III of Pub. L. 107 56 (signed into law October 26, 2001)) requires all financial organizations to obtain, verify and record information that identifies each person who opens an account. When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask you to provide a copy of your driver's license or other identifying documents. For each business or entity that opens an account, we will ask for your name, address and other information that will allow us to identify the entity. We may also ask you to provide a copy of your certificate of incorporation (or similar document) or other identifying documents. The information you provide in this form may be used to perform a credit check and verify your identity by using internal sources and third-party vendors. If the requested information is not provided within 30 calendar days, the account will be subject to closure.