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CommentaryMPW Summit

Why top performers stall before the C-suite—and the shift that gets women there

By
Kelly Baker
Kelly Baker
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By
Kelly Baker
Kelly Baker
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November 10, 2026, 8:00 AM ET
Kelly Baker is Executive Vice President and Chief Human Resources Officer at Thrivent, a premier partner for the 2026 Fortune Most Powerful Women Summit. 
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Many high-performing women build careers by becoming trusted experts, exceptional operators and reliable problem-solvers. Those strengths are critical, but advancing to more senior leadership roles requires a shift: expanding your focus from leading a function to helping lead the entire enterprise.

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One of the most effective ways to prepare women for executive and board-level leadership is to give them enterprise-level experiences before they’ve been promoted into senior leadership roles. At Thrivent, we talk about the importance of “wearing your enterprise hat.” The idea captures a leadership transition that matters more and more as leaders advance. Success requires understanding how decisions affect the broader organization and having the perspective to act accordingly.

That shift from “my team” to “the business” is one of the most important transitions a leader can make. And enterprise thinking can be developed with practice.

1. Step back from being the expert in the room

Successful functional leaders are often exceptional operators. They solve problems quickly, make sound decisions and consistently deliver results.

The challenge is that the behaviors that drive early-career success can become limiting at more senior levels. Leaders who remain at the center of the work may increase speed in the short term, but over time, that approach can restrict the capacity, decision-making and growth of others.

Wearing your enterprise hat starts with creating enough distance from the work to ask bigger questions:

  • What decision best advances the business?
  • Who else needs to be involved?
  • What capabilities do we need to strengthen for the future?

Success is no longer measured only by what you personally accomplish. It is measured by the results you enable through others.

2. Build business acumen beyond your discipline

Enterprise thinking begins with curiosity.

Leaders who successfully make the leap to higher levels invest time in understanding the business beyond their area of expertise. They learn how decisions affect customers, financial performance, talent, risk, operations and long-term strategy.

That broader perspective helps leaders see connections that are not always visible from within a single function, division or department. It also allows them to contribute meaningfully to conversations that extend beyond their day-to-day responsibilities.

The most effective executives are not experts in everything. But they understand enough about the whole company to make informed decisions that advance shared goals—and they are humble enough to trust others’ expertise.

3. Make trade-offs for the greater good

Enterprise thinking becomes most visible when resources are limited. Every leader can advocate for their team. The harder challenge is recognizing when the organization’s strategic direction requires prioritization, reallocation or a different course of action.

That may mean supporting a decision that benefits the broader organization, investing in a capability outside your area because it creates greater value overall, or saying “no” or “not now” to an initiative even when that decision creates short-term challenges for your own team.

These choices require leaders to look beyond functional optimization and focus on enterprise impact.

4. Give future leaders enterprise experiences

We cannot expect emerging leaders to demonstrate enterprise thinking if they’ve never had the opportunity to practice it.

One of senior leaders’ most essential responsibilities is creating experiences that expand perspectives. Cross-functional projects, enterprise-wide initiatives, strategic planning efforts and exposure to senior decision-making help future leaders understand how organizations operate beyond their immediate area of responsibility.

These opportunities are especially important for women who are preparing for executive and board-level roles. Experience builds credibility. It also builds the judgment and confidence required to lead through complexity.

Developing enterprise thinking in future leaders

Preparing the next generation of women leaders goes beyond identifying high-potential talent. It requires giving talented leaders opportunities to think, contribute and lead beyond the boundaries of their current roles.

By the time someone is being considered for the C-suite, enterprise thinking should already be how they operate. That leadership shift prepares executives not only to reach senior leadership but also to succeed once they get there.

The future belongs to leaders who can connect the dots across the enterprise, elevate those around them and make decisions that advance the whole organization. As businesses continually evolve, wearing your enterprise hat is more than an executive skill—it is a leadership imperative.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

Fortune Daily breaks the traditional barrier between audience and newsroom. The show transforms Fortune’s trusted reporting into actionable, conversational, and entertaining insights for an emerging class of business leaders. Watch here.
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