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The Power of the Only

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  2. 08 COO, Mortgage Bankers Association and mPower Founder Marcia Davies - The Power Of Inclusive Leadership, Communication and Community in Navigating Uncertain Times

Mar 31, 2020

"When we discovered that the need in the industry was so strong, that created opportunity - and that made people excited." - Marcia Davies

As the world scrambles to cope with an uncertain and rapidly evolving landscape-how can you step into your leadership and serve right now?

Today’s episode features Marcia Davies - Chief Operating Officer of the Mortgage Bankers Association on The Power Of Inclusive Leadership, Communication and Community in Navigating Uncertain Times.

She shares how she and her organization are navigating this change and managing the ripple effects in their industry and how you can apply that to your industry. She also talks about why communication, compassion and inclusion are so important right now.

"As we grow, we can seize the opportunity to help others grow." - Marcia Davies

Marcia is also the founder of mPower-Promoting Opportunities for Women to Extend their Reach - MBA's networking platform for women in the real estate finance industry. Under her leadership, what started as a small luncheon to connect women leaders has grown into an engaged community of more than 20,000 women and men providing best-in-class programming and events to help women achieve leadership positions and more representation.

Like many organizations, several of their upcoming live events are now canceled, but the online platform they created will continue to thrive. We talk about the power of virtual events and how the connection will be more relevant than ever.  She shares HER power of the only story and how being called an "un-vice-president”, taking risks, and not always fitting in, lead to even more connection with her team and confidence and fulfillment in her career.  She also talks about how she overcame “imposter syndrome” and how being able to deal with conflict, have difficult conversations and bringing others up with you is key to stepping into your leadership.

Marcia has worked at the U.S. Department of Housing and Urban Development and at Freddie Mac, where she spent more than 21 years in a variety of officer positions.  She’s received numerous awards, including the silver Stevie Awards for women in business "2018 Maverick of the Year", the National Association of Women in Real Estate Businesses' "Industry Revolutionary Award", Five Star’s "Legacy Award" winner and named "A Woman of Influence" by Housing Wire and more.

"I felt the need to do something. I didn't want to just sit back and watch.” - Marcia Davies

Show Notes:

  • How the coronavirus pandemic has influenced mortgages
  • The key to being a leader during this uncertain time
  • How to communicate during a crisis
  • The power of a virtual platform
  • Why Marcia started mPower
  • The importance of connecting women to do business together
  • How to turn an idea and put it into action
  • How to be heard when you're the only woman in the room
  • The importance of dealing with conflict and having difficult conversations
  • The value of taking risks
  • How to be yourself and authentic at work
  • Overcoming Imposter Syndrome
  • Why it is important to support each other

"I wanted to give back to the women in this industry and I wanted to give them something that I never had." - Marcia Davies

3 Pieces of Advice or Action Steps:

  1. Have confidence in being authentic
  2. Show up and produce results every single day
  3. Make sure we stand together and support one another

"It started out small. We didn't drink from the fire hose." - Marcia Davies

Brand and Resource Mentions:

Connect with Marcia Davies:

 LinkedIn | mPower | Mortgage Bankers Association (MBA)

Thanks for being a part of this bold and powerful conversation on The Power of The Only!

Whether you feel like the only one in your company, industry or community or the only woman in the room, we're here to support you in stepping up, speaking up through power, presence and representation and to make an impact in your personal and professional life.

Want even more insider tips, resources and training  to help you own your voice and power and step into your leadership.

Click here to access to The Power Of The Only Principles and Vision and Clarity Worksheet.

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Learn more about this episode of The Power of The Only with Angela Chee at www.angelachee.com/08