Carrie Gallant is a dynamic speaker, author, coach and facilitator; she is a licensed associate of the Impostor Syndrome Institute. In this episode, Carrie discusses imposter syndrome and how it affects finance leaders with Kevin Appleby. Carrie shares how she got into studying imposter syndrome and how it can impact people differently based on gender and culture. Common feelings associated with imposter syndrome include feeling like a fraud or not being good enough.

Often, the finance leader might suffer from imposter syndrome, but it could just as easily be other members of the finance team. So, as a leader, how do you spot when this affects somebody on your team?

Some signs a leader should look out for in their team include underperformance, isolation, or holding back contributions. Strategies to overcome imposter syndrome include acknowledging feelings, focusing on facts and past successes, asking, “What if I felt confident?” and keeping a success journal. The conversation also covers how imposter syndrome can discourage people from applying for promotions or new jobs.

Carrie Gallant mentioned a few signs that a leader should look out for in their team that could indicate someone is experiencing imposter syndrome:

• – Underperformance – If someone seems not to be performing to their full potential or up to the level expected.
  
• – Isolation – If a team member appears more isolated from the rest of the team than others and not fully engaging or participating.
  
• – Holding back contributions – Noticing if someone holds back from saying something, contributing ideas, or hesitating to take on responsibilities. This could be a sign they lack confidence.
  
• – Surveys showing a lack of belonging – If organizational surveys find a team member has reported not feeling like there is a strong team atmosphere or that they entirely belong. A lack of belonging can contribute to lower confidence.
  

Some key strategies Carrie Gallant discussed for overcoming imposter syndrome include:

• Acknowledging the feelings rather than ignoring them, which helps to normalize the experience.
  
• Focusing on facts and looking at past successes, strengths, and accomplishments to provide a counterbalance to negative feelings.
  
• Asking oneself, “What if I felt confident?” to shift perspective and think about what actions a confident person might take.
  
• Keeping a “success journal” or “bank vault of value” to record achievements and positive feedback as a resource to consult when confidence is low.
  
• Leveraging assessment tools like StrengthsFinder to understand better one’s natural talents and strengths to feel more competent in certain roles.
  
• Having open conversations with managers using questions like “What’s holding you back?” and “What would you do if you felt confident?” for support and new perspectives.
  

• Join GrowCFO today
  
• Overcome Imposter Syndrome: A Guide to Building Confidence for Finance Leaders
  
• GrowCFO Show Episode 15: Imposter Syndrome and the CFO with Catherine Clark
  
• “Conversation secrets for tomorrow’s leaders” By Carrie Gallant on Amazon UK and Amazon US
  
• Carrie Gallant on LinkedIn
  
• Kevin Appleby on LinkedIn
  

Introducing Carrie Gallant (0:11)

The finance leader’s role is spotting the problem. (1:59)

Imposter syndrome and its impact on workplace performance. (6:11)

What are the leading causes of imposter syndrome? (11:47)

Job descriptions and hiring biases. (17:06)

Overcoming imposter syndrome in the workplace. (22:43)

Leadership development. (27:33)

If you enjoyed this podcast, you can subscribe to the GrowCFO Show with your favourite podcast app. The GrowCFO show is listed in the Apple podcast directory, Google Podcasts, Spotify and many others. Why not subscribe there today? That way, you never miss an episode.

GrowCFO is a great place to extend your professional network. You can join GrowCFO as a free member today and participate in our regular networking events and webinars. 

Premium members can also access our extensive training centre and CFO Digital Toolkit. Here, you can enrol in our flagship Future CFO or Finance Leader programmes. 

You can find out more and join today at growcfo.net