THE POWER OF A PERSONAL BRAND IN BECOMING A LEADING FEMALE PROFESSIONAL
Elevate your professional standing with a strong personal brand
Cape Town, 01 August 2018: Women in South Africa are earning 27% less than their male counterparts. This is according to the 2017 Pulse of the People report run by IPSOS. The report, which surveyed more than 3 500 employed South Africans across various occupations and regions, revealed that this gap was even wider among top earners, with men earning as much as 39% more than women at a similar level.
Speaking in light of Women’s month, Christelle Colman, Managing Director of Elite Risk Acceptances, believes that investing in a strong personal brand can be utilised by women as a means to potentially bridge the gap created by institutionalised gender bias. “Your personal brand is the culmination of your life experiences, unique character, ethical standardsand personality. It is how well you communicate this brand to the world that will ultimately differentiate you from other professionals – something that is particularly imperative for women who continue to face gender-based disadvantages throughout our working lives.”
This ongoing challenge has been confirmed by the latest PwC report on executive pay in South Africa, which revealed that women remain significantly underrepresented at senior leadership levels, regardless of their industry. In her previous position, Colman was the only female CEO in a group of 35 countries. “The reality is that we currently live in an unequal society. I believe that having invested in my own personal brand a number of years ago, combined with the drive to get to the top of my career, is what led to me landing a job as the CEO of a local arm of a global brand. The work I do and the extent of my network – accessible online – played a major role in securing that all-important first interview.”
However, starting the process of presenting yourself as a marketable brand can quickly become overwhelming. To prevent this from happening, Colman offers the following tips in building your own personal brand.
1. Think of building a personal brand as a marathon, not a sprint
Consider your personal brand an asset that you have to grow and refine over time. While this brand will naturally change as you mature over the years, it is vital to ensure that what you present to the world remains consistent with who you are. In this sense, you can build an invaluable asset over time, requiring very little financial investment.
2. Maintain your personal brand
Managing this asset with care is, however, essential. Your personal brand, which takes time to build, can unfortunately be ruined in a moment through one public blunder. It is important to remember that everything you say in the media, write on a blog or share on social media, adds a little building block to your growing personal brand. Once a comment or statement is released into the public or online, it is very difficult to take back, so be sure that nothing you are communicating can be easily misinterpreted or misrepresented.
3. Uphold a level of professionalism
If your goal is to build a sustainable personal brand for professional reasons, it is advised to keep your private life private, at least to a degree. Stay clear of any potentially controversial political and religious comments, as well as emotional outbursts about things like bad service or failed relationships.
4. Keep it real
The most important aspect of personal brand building is authenticity and, as such, sharing a bit of well-curated personal information with the world from time to time can help in creating a more meaningful brand that people can connect with. A well placed post about a trip or family vacation, for example, tells the world you are interested in broadening your horizons with travel, and that family matters.
5. Remember: your voice, your power
Finally, once a strong personal brand has been established, it is important to be mindful that in addition to distinguishing yourself professionally, it also gives you a voice. Colman advises women to continue talking about the challenges they face in business and in life as women.
Today, Colman heads up a budding start-up for Africa’s oldest insurance group, Old Mutual Insure. Elite Risk Acceptances is a new entry into the high-net-worth insurance market providing bespoke short-term insurance and personal risk solutions to high-net-worth individuals.
“We still have a very long way to go before we see true equality in the workplace, but we have come a long way. The freedom we have to be ourselves in this country is unparalleled. “If we remain focussed and work together towards a better, more equal South Africa, we have the power to make things happen.” concludes Colman.
About Elite Risk Acceptances
Elite Risk Acceptances (Elite) is a specialist providing bespoke wealth asset insurance and personal risk management solutions for the specific needs of high-net-worth individuals. Elite launched to market on 1 August 2018 and, with its focus on developing and launching innovative, first-to-market product features, aims to become the leading specialist within the South African high-net-worth personal lines insurance market. The Elite policy, underwritten by Old Mutual Insure, provides comprehensive insurance cover for, among others, home, jewellery, fine art and collectibles, motor, vintage vehicles, watercraft, travel (business & leisure), personal liability and identify theft. Elite is a juristic representative and wholly owned subsidiary of Old Mutual Insure, an authorized Financial Service Provider.For more information please visit: www.eliterisk.co.za
About Old Mutual Insure
Old Mutual Insure is the oldest short-term insurer in South Africa with a history that dates back more than 180 years. We partner with brokers to offer an extensive range of insurance products and solutions to fulfil personal, commercial and corporate needs. We also provide insurance products for the agriculture, engineering and marine sectors. As a brand, we promise to do great things as we protect what’s important to our customers and put them first in everything that we do.