Biggest Challenges Faced by a VP Business Development at Propy
Tanya, a VP of Business Development at Propy, finds navigating complex problems from the team and mediating interpersonal issues challenging, especially when multiple problems arise simultaneously, leading to feelings of being "a little bit overwhelmed". Further, it can be difficult to manage the expectations of both upper management and the team, balancing the need to satisfy everyone involved, particularly when "letting down the people in [the] department" due to decisions beyond personal control.
Leadership, Problem-Solving, Team Management, Communication, Workplace Challenges
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Tanya Solati
VP Business Development
Propy
Arizona State University (ASU) - W. P. Carey
University of Miami MSF
Finance
Education, Finance (Banking, Fintech, Investing)
Business Strategy
Worked 20+ Hours in School, Greek Life Member
Video Highlights
1. Solving complex problems independently as a department head is challenging, requiring the ability to find solutions without direct guidance.
2. Managing interpersonal conflicts within the team and mediating disputes requires strong interpersonal skills and the ability to find resolutions that satisfy everyone.
3. A VP role requires balancing the expectations and needs of both superiors and subordinates, which can be difficult, especially when decisions might disappoint some team members.
Transcript
What is your biggest challenge in your role?
When my team comes to me with a difficult and complex problem, I have to figure it out on my own. This is because handling a department means you're responsible for finding solutions.
It also happens when team members have issues with each other. I try to step in and resolve those situations.
Sometimes, I find myself a bit overwhelmed if there are many things happening at once. Especially when there are problems, it can get a little overwhelming.
However, I've found a good balance and a way to manage and overcome these challenges. I can deal with whatever comes up.
Letting down the people in my department is also difficult. Sometimes, not everything is within my control; it can come from higher up. When this upsets the people working with me, I struggle with it.
I don't like disappointing people. Also, as a VP, you have to make both your superiors and your subordinates happy. I didn't realize this until I became one.
Being a VP is a very difficult job, more so than I initially thought. It's an incredible experience, and I learn a lot every day from the people who work with me and from those above me. However, it can be challenging to ensure everyone is happy on our end.