Connect with us

Business

Are You Suffering From Impostor Syndrome?

Published

on

Impostor syndrome infographic

Are You Suffering From Impostor Syndrome?

If you have ever felt unworthy of your position at work, or felt uncomfortable about receiving praise from colleagues, then you’re not alone.

The psychological pattern of impostor syndrome is widespread, with the majority of people experiencing some form of it over the course of their careers.

Today’s infographic, from Resume.io, provides a useful guide to identifying the various manifestations of impostor syndrome, and how to potentially overcome it.

What is Impostor Syndrome?

People suffering from impostor syndrome doubt their skills and accomplishments, live in fear of being exposed as not worthy of their position, and even downplay their success, attributing it all to luck or good fortune.

Impostor Syndrome Diagram

These feelings, which were first collectively known as “impostor phenomenon,” were introduced in a 1978 study of 150 highly successful women. Today, we have an even more nuanced view of how feelings of anxiety and inadequacy can afflict people in a professional setting.

Impostor Syndrome Archetypes

According to Dr. Valerie Young, a leading expert on the subject of impostor syndrome, these feelings of self doubt are not one-size-fits-all.

Here are the five different types of impostor syndrome:

NumberArchetypeDescription
#1ExpertYou expect to know everything and feel ashamed when you don't.
#2SoloistYou believe work must be accomplished alone and refuse to take any credit if you received any kind of assistance.
#3Natural GeniusYou tell yourself that everything must be handled with ease, otherwise it's not "natural talent".
#4SuperpersonYou feel you should be able to excel at every role you take on in your life.
#5PerfectionistYou set impossibly high standards for yourself and beat yourself up when you don't reach them.

Understanding the different types of impostor syndrome is an important first step, as each manifestation requires a unique toolkit of solutions to help overcome this common psychological trap experienced by professionals.

Slaying Self Doubt

While impostor syndrome can afflict anyone, women have been shown to experience it more often – even once they have experienced high levels of success in their career.

A recent KPMG study of 750 high-performing executive women found that:

  • 75% had experienced impostor syndrome at some point in their career
  • 81% of these woman also believed they put more pressure on themselves than their male counterparts

Though progress has been made, lack of diversity at the C-suite level is still fueling some of these feelings. 32% of women identified with impostor syndrome because they did not know others in a similar place to them either personally or professionally.

When it came to combating feelings of self-doubt, many woman found support within their network and organizations:

  • 72% said they looked to a mentor or trusted advisor for help and advice when the doubt creeps in
  • 54% received support and guidance from performance managers

Actively creating a culture that supports honest conversations in the workplace is key to helping individuals slay professional self doubt.

Together, we have the opportunity to build corporate environments that foster a sense of belonging and lessen the experience of impostor syndrome for women in our workplaces.

– Laura Newinski, U.S. Deputy Chair and COO of KPMG

Click for Comments

Markets

Swiss Watches: Market Share by Brand in 2023

In this graphic we rank the top Swiss watch brands, based on their estimated 2023 market share.

Published

on

Graphic ranking the top Swiss watch brands based on their estimated 2023 market share.

Swiss Watches: Market Share by Brand in 2023

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Swiss watches are renowned for their precision, craftsmanship, and quality. In this visualization, we rank the top Swiss watch brands based on their estimated 2023 market share, which comes from data provided by LuxeConsult and Morgan Stanley.

Rolex Dominates the Swiss Watch Market

Sales of Rolex watches are believed to have surpassed 10 billion Swiss francs ($11.2 billion) for the first time in 2023, significantly outpacing rivals like Cartier CHF 3.1 billion ($3.5 billion) and Omega CHF 2.6 billion ($2.9 billion).

Additionally, Rolex has strengthened its dominant position in the market, capturing a remarkable 30.3% retail market share.

BrandMarket Share (%)
Rolex30.3
Cartier7.5
Omega7.5
Patek Philippe5.6
Audemars Piguet4.9
Longines3.4
Richard Mille3.1
Vacheron Constantin2.7
Tissot2.5
Breitling2.4
IWC1.9
Hublot1.9
Jaeger-LeCoultre1.7
TAG Heur1.7
Other22.9

In 2023, the Swiss watch industry achieved record sales totaling CHF 26.7 billion ($30 billion). The “Big Four” watch brands—Rolex, Patek Philippe, Audemars Piguet, and Richard Mille—achieved a combined 43.9% market share last year, compared to a pre-Covid 2019 market share of 36.9%.

Also noteworthy is that Vacheron Constantin joined the billionaires’ club as the 8th brand to surpass CHF 1 billion in sales, reaching CHF 1.097 billion ($1.23 billion).

In conclusion, premium watches priced over CHF 25,000 ($28,000) drove 69% of the market’s growth in 2023, and constituted 44% of the total value of Swiss watch exports. Despite this significant value contribution, this segment represents only 2.5% of the total volume in terms of units sold.

See Related Infographics

If you enjoyed this content, check out The World’s Biggest Fashion Companies by Market Cap, or Ranked: Gen Z’s Favorite Brands in 2023.

Continue Reading
Voronoi, the app by Visual Capitalist. Where data tells the story. Download on App Store or Google Play

Subscribe

Popular