Tuesday, July 21, 2020

Shadow Boards of Younger Employees

Source: Needpix.com
My former student, Cassidy Forsley, recently shared an interesting article on LinkedIn. It's a Harvard Business Review article titled, "Why You Should Create a 'Shadow Board' of Younger Employees." I enjoyed reading the article, as I've encountered companies employing such practices over the years. Each time, I've been impressed with the results. The article authors, Jennifer Jordan and Michael Sorell, describe how Prada and Gucci have used shadow boards successfully.  They write: 

A lot of companies struggle with two apparently unrelated problems: disengaged younger workers and a weak response to changing market conditions. A few companies have tackled both problems at the same time by creating a “shadow board” — a group of non-executive employees that works with senior executives on strategic initiatives. The purpose? To leverage the younger groups’ insights and to diversify the perspectives that executives are exposed to.

I think one benefit of a shadow board is that executives sometimes hear perspectives that their direct subordinates and middle managers are fearful of sharing with those in the C-suite.   A lack of psychological safety limits the views and information flowing to the top.   However, as one CEO joked to me, "the young employees are just stupid enough to tell me the truth!"  In other words, they aren't worried as much at times about the negative career repurcussions of sharing the unvarnished truth with top executives.   The shadow boards also enable companies to tap into the insights of younger consumers as well as spot social and technological trends.  Furthermore, as the authors argue, it increases employee engagement, thereby helping with talent retention.  

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