Saturday, April 18, 2015

A520.4.3.RB_MedleyKim_Money Takes the Lead, Balance Closes In, Then Overcomes


Money Takes the Lead, Balance Closes In, Then Overcomes
            As harmonized by the O’Jays, people will steal, rob, and beat “for the love of money”; but, as noted by Andy Mulholland (2011) interest, expansion, and recognition are motivators that not only sustain workers; they lead to the overall commitment and motivation that Whetten and Cameron (2011) identify as valuable commodities sought by today’s companies. As I listened to Mulholland (2011) describe the moment where he “saw the light” and further discussed his epiphany with Pierre Hessler, it occurred to me that Mulholland, along with Nigel Marsh, CEO of Young and Rubicam Brands, and the authors of this semester’s text, view motivators in a twenty-twenty hindsight manner and from an over forty perspective (Grant, 2012; Whetten & Cameron, 2011). Speaking from my own experience, money was the primary motivator; however, just as Mulholland and Marsh reached the pinnacle age of 40, I, too, had that ah-ha moment; and, that is why I believe the race between money and work-balance as motivators can be envisioned like that between the tortoise and the hare.
            From the age of fifteen to my late thirties, money jumped out and took a big lead as why I worked. Initially, I wanted extra cash in order to buy the latest fashions, purchase a car, buy gas and insurance for the car, and open a bank account. Taking a stanza from the O’Jays, I was willing to bike five miles, flip burgers, and ring a register all for a “small piece of paper… Almighty dollar” (Funkyscope, 2013). As I grew older, money was needed for groceries, rent, mortgages, diapers, clothes, other than my own, and a host of expenditures. Along that career path, I found the first two of Mulholland’s (2011) observations as to why people work, work that is interesting and allows for an expansion of skill set. It came about as a result of a chance at American Pioneer Life Insurance and its approach to its senior underwriter.
            Before American Pioneer was purchased by Mr. Gary Bryant, all files were hand-delivered to our reinsurance underwriter with Hamburg International Reinsurance. Requirements were listed by the underwriter and either my co-worker or I would send out the notices to the agents. I had only been with the company for a little more than a year when this practice changed. The company’s human resource (HR) department hired our first in-house underwriter, Ms. Evelyn Spence. With her addition, our HR had sewn the initial seeds of improving the overall attitude of our department. Evelyn Spence used humor and took time to explain underwriting as a concept so that my colleague and I could develop a better understanding of our job and how it related to other areas of the company, like the claims department. Not only did her style add to the overall interest factor, she helped me to expand my skill set by encouraging me to take the Life Office Management Association (LOMA) courses offered by the company and to begin the advancement process as a junior underwriter. In Mulholland’s (2011) words, Evelyn Spence allowed me to be my own “human manager” which helped to “open my eyes” with regards as to what I wanted to achieve. While money was still a factor, work-balance was beginning to gain ground on this very primal motivator.
            As my career advanced from that of a junior underwriter to a senior underwriter who answered directly to the Vice President of Underwriting, then, Mr. Guy H. Hartman, the former Hamburg reinsurance underwriter, recognition and valuing for what I could do began to overshadow salary, the third of Mulholland’s (2011) reflections. It wasn’t as simple as acknowledging the mechanics of underwriting, the process is the same; it was acknowledgement of the daily, monthly, and annual goals I set and achieved, the specificity and consistency applied to “appropriately challenging” goals, and it was the feedback, not only sought; but, accepted in a welcoming fashion and used to improve not only myself; but, to enhance the overall skill set of the company’s underwriting department (Whetten & Cameron, 2011, p. 334). At the ripe old age of thirty-four, I thought I had it all figured out; then, life happened; and, as Marsh, I took time to look at my life to see if it was a “life well lived” (Grant, 2012, p. 5).
            Saying my life was not balanced at this point would have been an understatement. I had been twice divorced, missed many of the milestones of my children’s lives, and I was a workaholic, complete with bring work home on the weekends. I would rush from one child’s cheering competition to another’s baseball game. Dinner often included grabbing a Whopper through a drive through and attempting to drive with one hand while holding the sandwich in the other. Weekends were a whirlwind of house cleaning and laundry, leaving me too exhausted to enjoy the lighter side of life, like attending free concerts at Lake Eola. Yet, I thought I was living the American Dream, working hard toward retirement. My ah-ha moment came when I met my husband and for the past two decades, just as the tortoise caught the hare, my work-balance caught and overcame money as my primary motivator.
            Our first ten years of marriage provided me with the chance to improve existing processes through a company we opened. We offered insurance consulting services to homeowners whose homes had experienced damage covered through their insurance policies. Most claim adjusters wrote estimates for only damage they could see as opposed to writing a comprehensive estimate that provided adequate compensation to restore the property to its pre-damage state. Owners who experienced damage that required a certain settlement to remove, replace, and restore the property were often paid an amount that was less than half the total required. By using my skills to improve the existing process, my husband and I were able to assess damage, take photographs to document damage, prepare complete estimates, meet with adjusters to walk them through the damage, and help clients realize more equitable claim settlements. Our business grew to be very successful; however, the housing market implosion led to the loss of a business that added to my daily motivation through “intrinsic outcomes… feelings of accomplishment, self-esteem, and the development of new skills” (Whetten & Cameron, 2011, p. 342). It also provided me with a motivator I enjoy to this date, “autonomy… freedom to choose how and when to do particular jobs” (Whetten & Cameron, 2011, p. 342).
            I had missed so much with my two older children; but, having my own business gave me the freedom to schedule tasks around school events, play dates, beach days, and other moments I did not want to miss with our third child. Instead of daycare, I was able to stay home with my youngest. I could share the decision making process with my husband. I was not alone when it came to scheduling repair jobs. Our ability to combine jobs, form a work unit, build client relationships, granting authority to one another, and listening to each other’s feedback helped us to not only maintain a balance with our work, we were able to be more engaged with our family (Grant, 2012; Whetten & Cameron, 2011). Our children are now grown. The youngest, age nineteen, still lives at home; yet, establishing autonomy and expanding my leadership abilities are motivators that allow me to enjoy a third reason for work; flexibility.
            In 2009, I was able to return to school on a full-time basis and my husband helped me to achieve the flexibility I wanted and needed in order to fully appreciate college. I was able to schedule classes in a way to either take advantage of a lecture setting or advance my technical skills by mastering online classes. Additionally, I no longer had to be focused on “money, money, money” as my husband concentrated on this and gave me the freedom to flex (Funkyscope, 2013). This allowed me to join both campus and outside organizations which further provided me with chances to improve existing processes, streamlining campus club requests with the main campus, and expand my leadership abilities through various roles like club president, secretary, and member. Just as Mulholland’s (2011) interesting work and expanding skill set led to recognition; so, too, have improving process and expanding leadership capabilities led to flexibility for me. More importantly, the balance I have been fortunate enough to achieve and maintain has overcome that primary motivator of my youth, money; but, it a journey to realize it.
References
Funkyscope. (2013, Jun. 17). O’Jays – For The Love Of Money (1977). [Video file]. Retrieved
            from https://www.youtube.com/watch?v=JH79m38ifJQ
Grant, J. (2012). Work-life balance. Administrative Assistant's Update,, 1-1,5. Retrieved from    http://search.proquest.com.ezproxy.libproxy.db.erau.edu/docview/920292234?accountid=      27203
Mulholland, A. (© 2011). The Three Things We Work For (Money Isn't One of Them). [Video
            File]. Available from Books24x7. Retrieved from
Whetten, D.A., & Cameron, K.S. (2011). Developing Management Skills. (8th ed.). Upper Saddle
            River, NJ: Pearson Education Inc.


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