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Articles and Podcasts for C-Suite [SEP. 29th]
Key Takeaways
- For employers to attract and retain talent, they should embrace mobility in the workplace
- Employers overlook over 70 million workers because they are skilled through alternative routes.
- Employees are responding with vitriol to the "Bring Your Whole Self to Work" corporate ideology.
Introduction
This report provides 3 articles published by reputable sources on interesting topics to be known by the C-Suite such as modern leadership, employee expectations, and innovation in business from McKinsey and the New York Times.
Article Title: Bolder recruitment efforts can benefit organizations
- Source: McKinsey
- Date: September 19, 2022
- Summary: The article highlights the importance of employers supporting employee mobility as the key to attracting and retaining talent. It notes that work experience contributes at least half of a person's accumulated human capital, which largely grows through mobility. On each career move, employees gain 25% to 45% in new skills. Besides acquiring new skills, employees on average earn a 30% higher salary on each career move. McKinsey proposes that employers should embrace mobility by creating internal talent marketplaces, strengthening coaching, and on-the-job training that enables employees to get the next career opportunity within their company.
Article Title: Tearing the ‘paper ceiling’: McKinsey supports effort driving upward mobility for millions of workers
- Source: McKinsey
- Date: September 23, 2022
- Summary: The article highlights how employers setting college degree requirements for job openings leads them to overlook over 70 million workers because they are skilled through alternative routes (STARs). STARs workers gained education not at traditional universities but at "community college, workforce training, boot camp or certificate programs, military service, or on-the-job learning." Employers should focus on recruitment based on candidates’ skills and experience, problem-solving ability, and intrinsic capabilities rather than relying on college degrees to determine the intrinsic ability of a job candidate. Additionally, employers should emulate McKinsey which creates pathways and supports apprenticeship, workforce training, and on-the-job learning to get STARs in their workforce.
Article Title: Do Not Bring Your ‘Whole Self’ to Work
- Source: New York Times
- Date: September 25, 2022
- Summary: The article is a critical perspective of the "Bring Your Whole Self to Work" culture. The narrative is driven by thought leaders such as Mike Robbins and Havard Business Review whereas it is encouraged at companies such as Google and Experian. According to the author, the narrative aligns with "corporate diversity, equity, and inclusion programs" that seek to make employees feel comfortable expressing themselves. However, employees are responding with vitriol to this corporate agenda. The author proposes that rather than organizations encouraging their workers to bring their "personality flaws, vulnerabilities, and idiosyncratic mantras" to the workplace they should be encouraging professionally in the workplace.
Research Strategy
To find key articles and podcasts published in the last two weeks on interesting topics to keep the C-suite informed of important trends and provocative ideas, we leveraged reputable sources in the public domain including McKinsey and the New York Times. Given the requirement to have a paid subscription to access the identified New York Times article, we relied on the Internet Archive Wayback Machine to access it.