The Globe and Mail - 25.11.2019

(Marcin) #1
Whencuriosityanddriveduelavisionfor
abetterworld,theUniversityofBritish
Columbiaopensdoorstoopportunity.

The Associate Director


Clinical Services


Provides leadership in Counseling Ser-
vices with an emphasis on strategic
oversightofthedesignandimplementa-
tionofallaspectsofclinicalservices.As
amemberoftheclinicalstaffofCoun-
seling Services, the Associate Director
providesacomprehensiverangeofcoun-
sellingservicesforUBCstudents.

PleasevisittheUBCCareerssite
https://www.hr.ubc.ca/
careers-postings/staff.php
toapplyandenterjobopening
ID 35243byDecember 5, 2019.

B10 CAREERS OTHEGLOBEANDMAIL | MONDAY,NOVEMBER25,2019


C


reativity and innovation in
the workplace are getting
lots of attention these days,
and rightly so given the pressures
to be competitive in all aspects of
product design, service delivery
and customer engagement. And
every generation I know wants to
contribute in some manner to the
way their workplace develops its
ideas, even if they aren’t in an in-
herently creative role.
Unfortunately, many compa-
nies don’t invest specific time and
effort in developing the founda-
tional skills for innovation and
creativity that are needed to fuel
these processes. Although cre-
ative industries might bring to-
gether populations of people who
have trained in these methods,
the skills involved are ones that
are equally vital for traditional
bricks-and-mortar businesses,
big and small alike.
As a leader, I know from per-
sonal experience that leading the
creative and innovation process
can be daunting, starting with the
self-imposed view that the leader
should have some good ideas of
his or her own. Hopefully they do,
but they’re not likely to be the
best ideas, or at least not all the
time.
Instead, the leader in the cre-
ative and innovation cycle is as
much a cheerleader and process

coach as they are a potential star
player. Being able to cultivate an
environment where anyone, re-
gardless of position or responsib-
ility, can generate ideas is one that
is hard for some leaders to
achieve, but it’s critical to do so if
you want a level playing field and
the free flow of ideas.
Equally important is for people
at all levels of the organization to
not assume that their leaders are
infallible, or to hold them to an
unreasonable standard of bril-
liance. Having credibility is im-
portant to be an effective leader,
but developing a culture of open-
ly sharing ideas rests on the trust
that others have with one anoth-
er.

MAKEITSAFETOPLAY
WITHIDEAS
The term “psychological safety” is
not yet a common one in many
organizations, but it is a massively
important part of allowing em-
ployees to engage their intellect
fully, trusting that mistakes they
make while thinking outside the
box will not be unfairly punished.
And, when people are making
themselves vulnerable by think-
ing deeply and trying to generate
creative ideas, this includes their
not being ridiculed by having
their ideas called out as “hare-

brained” by superiors, peers or
subordinates alike.

OLDIDEASMAYBENEWAGAIN
How often have we offered an
idea, only to be told by someone
that, “We tried that a few years
ago, and it didn’t work”Ì The real-
ity is that ideas may need a partic-
ular context to be successful.
What didn’t work a few years ago
could well be the right solution
now, so everyone in the process
needs to be careful about judging
ideas too quickly based on past
experience. This equally applies
to comments based on experi-
ence with other companies.
Again, what didn’t work at one
company for any number of inter-
nal reasons may be a game-chang-
ing approach for another.

CASTAWIDENET
At the early stages of innovating
creatively, thinking outside the
box may generate seemingly out-
landish ideas. That’s actually the
fun part and should be embraced
as a way to open up new lines of
thinking. Some may well prove to
be such, but it’s important not to
constrain the flow of ideas early
on by insisting that everything be
completely serious, practical, log-
ical or within the bounds of cur-

rent thinking. Challenging long-
held assumptions is a key part of
being creative and innovative, but
it’s not something we’ve learned
to do after years of being taught
that there is a “right answer” to
most things.

EXPLOREMORETHANONEOPTION
One of the challenges that comes
with the creative innovation
process is that you can generate
what seems like an endless list of
options, many of which seem
good. While you can’t pursue
them all equally and need to filter
things down to a practical num-
ber, don’t assume that only one
Àor two or threeÁ are all that you
need. Instead, the next part of the
task is to investigate the various
options more rigorously, while
not closing out any of the front
runners just yet. Check online and
you’ll see any number of ap-
proaches that can help you to crit-
ically analyze options on an
equally factual basis.
Lest the visual image of fuss-
ball-playing creative types loung-
ing on bean-bag chairs in the in-
novation lab be holding you back,
realize that this stuff is hard work


  • but it can be immensely reward-
    ing when you make a break-
    through that transforms your or-
    ganization.


Companiessaytheyfostercreativity,butfollowingthroughiswhat’simportant


EILEEN
DOOLEY


OPINION

Principal and executive coach
in the leadership practice of Odgers
Berndtson, global executive search
and leadership advisory firm


Thequestion

I joined my company as a director at its founding about a dec-
ade ago when we had only a handful of employees. Early on,
the owners initiated an employee stock option plan and I was
awarded 10,000 share options at five cents a share. A number
of years later, the company underwent a management buyout.
The new owners have informed the holders of the stock op-
tions Àme and several othersÁ that the stock option plan has
been terminated and we can no longer vest the shares. I esti-
mate that the value of the shares would be quite substantial
for me if the stocks still existed. What are my options to recov-
er anything at this pointÌ If I attempt to sue, I believe it may
jeopardize my employment.

Thefirstanswer

Pamela Connolly
Lawyer, WPLG, Vernon, B.C.

Employers may award stock options to employees as an in-
centive and to increase employee engagement through hav-
ing an ownership stake in the company. Typically, stock op-
tions vest periodically and employees may choose to “exer-
cise” the vested shares by purchasing them at the set À“strike”Á
price, which may be less than their current value. It sounds
like you did not exercise your vested options, although it is
unclear if all awarded options have vested.
Start by reviewing the stock option plan, which should in-
clude terms regarding vesting and exercising your options, as
well as terminating the plan. Often, when plans are being ter-
minated, the plan requires that employees receive notice that
initiates a final period to exercise options. In addition, some-
times plans will include a condition that unvested options
automatically vest when there are significant changes to the
company, such as a merger or acquisition.
In your case, if the timelines for exercising the options have
expired, you likely have little recourse. However, if you were
not given proper notice, or the plan is silent about termina-
tion, you could take the position that the options do not ex-
pire upon termination of the plan or the plan was not proper-
ly terminated. Pointing out these issues to your employer and
asking for an opportunity to purchase the shares could help
to resolve the situation. Ultimately, though, litigation may be
the only option. I recommend speaking to a lawyer about the
strength of your legal position and also to a financial adviser
to determine if purchasing these shares is a sound invest-
ment.

Thesecondanswer

Samantha Lamb
Partner, Jewitt McLuckie & Associates, Ottawa

The answer depends on what is written in your employment
contract and stock option plan. Many contractsàplans now ex-
plicitly provide employers with the ability to cancel the shares
at any time before they vest, leaving you out of luck. If the doc-
uments are vague or non-existent, you may have grounds to
sue, and the next question is whether to sue your former em-
ployer, who offered the shares, or the new employer who has
cancelled them. This depends in part on what happened at the
management buyout and whether you signed a new contract
or agreement.
Depending on the terms of the buyout, you might be able to
sue your former employer since they were the ones who gave
you the shares, and they might owe you for the value of the
shares at the time they sold the company and severed their
employment relationship with you. If the buyout happened
around two years ago, be aware that you may have to act
quickly because there is a two-year time limit on bringinga
lawsuit.
Suing your current employer might be the right option if
they took over all existing employment contracts and the
share plan, but doing so might jeopardize your employment.
Your employer’s reaction to being sued could be to terminate
you immediately without cause. Since everything turns on the
wording of any employment contracts and the stock option
plan, the first step is to have a lawyer review those documents.

Special to TheGlobe and Mail

Have a question for our experts? Send an email
to [email protected].

Iwasawardedcompany


shareoptions,butamtold


Icannolongerbuythem.


Whataremyrights?


ANDREAYU

NINETOFIVE

T


ayler Book, 27, is a co-own-
er of Beechwood Dough-
nuts, Niagara Region’s only
100-per-cent vegan doughnut
shop. In downtown St. Catharin-
es, Ont., its maximum output is
4,000 doughnuts a day.


First,abigthankyoufrometymol-
ogistsforusing“doughnuts”
insteadoftheAmericanized“do-
nuts.”


For sure€ It flows better. Beech-
wood is the same length so we
keep it symmetrical.


Whydoughnuts?


I met my partner Shane ]Belan-
ger^, a baker with commercial
experience, when I was in third-
year university. Imagine your 20-
year-old kid saying, “I’m going to
open a bakery” ]especially since^
I was a terrible baker. You know
those cookies with egg, sugar,
peanut butterÌ Being a hungry
vegan at 11 p.m., what replaces
eggsÌ The internet said “oil.”
When my mom came in the
kitchen, her laugh was a shriek-
ing scream. Now I know peanut
butter is oil. My brother posted a
photo of that blob I had made.
We opened within the year.


Whenyouwereyoung,didyou
haveideasofwhatworkyou
mightpursue?


No idea. I started working young



  • Can-View Drive-In, McDonalds,
    a restaurant. I learned about ev-
    erything, including HR, paper-
    work, working with staff and
    customers. I was born in St. Ca-
    tharines. By high school, I
    thought I’d be a lawyer so I went


to Brock ]University^ for politi-
cal science. The first month I ab-
solutely hated it. In first year,
there’s not much flexibility what
you take, but it is an introduc-
tion. I had to take a social sci-
ences course, which I enjoyed, so
I ended up in sociology. When
Shane said he wanted to open
his own place it clicked. I’d be an
entrepreneur.

Bestadvicethen?

Nobody wanted us to open. We’d
be done in three months, we’re
too young – that was the tone the
entire time. Although we did re-
search, people brushed us off. I
talked to contractors, all older
men, but was never taken seri-
ously. Talking to students now
who want to open businesses, I
ask what jobs they’ve had. None.
I don’t care if it’s fast food – I tell
them to get experience€ Experi-
ence outside a classroom enrich-
es what you learn and you get
paid to figure out what to do.

Whatwasyourplan?

I’d do the front end and Shane
would do the recipes and any-
thing in the back with his sister
]Leah^, who is also a baker. The
display case held 120 doughnuts.
If we sold that each day, ]Shane
would have been completely fine
with that^. We opened to a non-
stop line, selling out within the
hour. We locked the door and
asked ourselves, “I guess we
make moreÌ” Four hours later, we
opened, posted on social media
and sold out in another hour. It
was absolutely absurd.
I said, “This can’t happen for-
ever,” working from 3 in the
morning to be open two hours. It
was absolutely absurd. Shane
and Leah’s roommates ]joined
us^, most are still with us.
“A chain store sells 450 a day,” I
said. “One day, I think we can
make more.” Everyone said it was
never going to happen. Within
days, we sold that each day. What
we expected to do in five years
took a month.

Besidesdelightedcustomers,your
staffalsoseemhappy.Tellme

aboutyourlivingwagespolicy.

We have 25 staff and haven’t lost
one since we started paying
above minimum wage years ago.
Also, Shane and I are here all the
time working, not owners who go
to Hawaii for a month. We didn’t
get into business to be moguls,
which blows people’s minds. I
did it to be my own boss and have
control over my life, not have my
business control me. I have no
desire to get less sleep than I do. I
do love to inspire others to open
businesses and to help them real-
ize that jobs considered unskilled
are skilled in different ways.

Whataresomeofthecomplexities
withyourjob?

People underestimate how com-
plex it is. People come at closing,
upset we’re sold out. “Can’t you
make moreÌ” No, that takes four
hours. Or they ask, “This is all you
haveÌ” There are 20 flavours, but
the two they want aren’t there.
They don’t understand that they
want the convenience of ]thaw-
and-sell^ frozen doughnuts but
don’t want the quality of a frozen
doughnut. Food went downhill
when people wanted conve-
nience, sacrificing quality, want-
ing what they want when they
want. Staff start at 5 a.m., and by 7
a.m. I have to decide how many
doughnuts to make. For example,
today it’s 1,700.

Howdoyoureininwork?

I set boundaries and turn off no-
tifications on devices. Any mess-
ages, I see when I want. If some-
body wants a response in two
minutes, they should’ve thought
of that before – don’t get mad at
me. It’s a lack of respect. It’s like
what university professors often
say: “If you ask a question the
night before your assignment’s
due – when you’ve had it two
months – I’m not responding.”
And if Shane talks flavours, I say
I’m off the clock.

Special to TheGlobe and Mail

This interview has been edited and
condensed.

AARON LYNETT/THEGLOBEANDMAIL

TaylerBook: ‘Wedidn’tget


intobusinesstobemoguls’


BeechwoodDoughnuts


co-ownerdiscussesthe


experienceofopening


andrunningher


100%veganeatery


CYNTHIAMARTIN


THELADDER

Free download pdf