Andrew Pérez is 24 years old and started working at the management-consulting company Oliver Wyman three years ago. He
already has a direct say in how the company runs.
Pérez can even text the head of financial services whenever he wants.
That's because Pérez, who graduated from Harvard in the thick of the pandemic, serves on the company's "shadow advisory
board," which gives him access to the firm's senior leaders. The 20-person board — officially called the Global
Leadership Team Council — is made up of employees below the executive or director level and runs parallel to the firm's
executive board.
Juliana Kaplan and Rebecca Knight
Read article here
This is an unusual moment in the history of labor, with unprecedented attrition across all industries despite rising
wages. In the United States alone, more than a third of all workers left or changed jobs in 2021, up from 25% in 2020
and twice the rate experienced a decade ago.
Workers today enjoy more bargaining power than they have in generations. Some companies, amid an intensifying war for
talent, are redefining the employer-worker contract. They are setting aside long-held assumptions about how, where and
even why people work, striving to better understand the motivations of their workforce. They recognize that leaders need
to inspire and relate to their teams in new ways to keep people engaged and productive.
Mariya Rosberg, Christina Kyriakides and Shamarah Hernandez
Read article here
“Shadow boards” are on the rise, but don't be alarmed.
A shadow board is a committee of typically younger employees who come together within a firm to advise the management
team on key topics, such as company culture, product marketing, trends in technology, and sustainability efforts. They
are not an official board, of course, but their views often supplement those of experienced, much older corporate
directors and C-suite leaders.
Shadow boards appear to be catching on right now, possibly because they can support companies at a time when significant
shifts—climate change pressures, a growing labor movement, and expectations that companies respond to social issues—make
it important for leaders to remain in touch with youth culture. What’s more, these advisory groups give some businesses
insight into their customers’ tastes and passions. As such, companies like the Body Shop and Mövenpick Hotels & Resorts
have embraced the trend.
Fortune
Read article here
Andrew Pérez is 24 years old and started working at the management-consulting company Oliver Wyman three years ago. He
already has a direct say in how the company runs.
Pérez can even text the head of financial services whenever he wants.
That's because Pérez, who graduated from Harvard in the thick of the pandemic, serves on the company's "shadow advisory
board," which gives him access to the firm's senior leaders. The 20-person board — officially called the Global
Leadership Team Council — is made up of employees below the executive or director level and runs parallel to the firm's
executive board.
Juliana Kaplan and Rebecca Knight
Read article here
This is an unusual moment in the history of labor, with unprecedented attrition across all industries despite rising
wages. In the United States alone, more than a third of all workers left or changed jobs in 2021, up from 25% in 2020
and twice the rate experienced a decade ago.
Workers today enjoy more bargaining power than they have in generations. Some companies, amid an intensifying war for
talent, are redefining the employer-worker contract. They are setting aside long-held assumptions about how, where and
even why people work, striving to better understand the motivations of their workforce. They recognize that leaders need
to inspire and relate to their teams in new ways to keep people engaged and productive.
Mariya Rosberg, Christina Kyriakides and Shamarah Hernandez
Read article here
“Shadow boards” are on the rise, but don't be alarmed.
A shadow board is a committee of typically younger employees who come together within a firm to advise the management
team on key topics, such as company culture, product marketing, trends in technology, and sustainability efforts. They
are not an official board, of course, but their views often supplement those of experienced, much older corporate
directors and C-suite leaders.
Shadow boards appear to be catching on right now, possibly because they can support companies at a time when significant
shifts—climate change pressures, a growing labor movement, and expectations that companies respond to social issues—make
it important for leaders to remain in touch with youth culture. What’s more, these advisory groups give some businesses
insight into their customers’ tastes and passions. As such, companies like the Body Shop and Mövenpick Hotels & Resorts
have embraced the trend.
Fortune
Read article here
Andrew Pérez is 24 years old and started working at the management-consulting company Oliver Wyman three years ago. He
already has a direct say in how the company runs.
Pérez can even text the head of financial services whenever he wants.
That's because Pérez, who graduated from Harvard in the thick of the pandemic, serves on the company's "shadow advisory
board," which gives him access to the firm's senior leaders. The 20-person board — officially called the Global
Leadership Team Council — is made up of employees below the executive or director level and runs parallel to the firm's
executive board.
Juliana Kaplan and Rebecca Knight
Read article here