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Crack the Code of the Diverse
    Leadership Pipeline



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Today’s Moderator




   Alan Mellish
      @alanmellish
      alan.mellish@hci.org

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Today’s Featured Guest




    Kevin Donahue
    Vice President, Partnerships
                MLT


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CRACKING THE CODE ON THE MINORITY
       LEADERSHIP PIPELINE
              MAY 2012
MLT RESULTS


   Driving breakthrough results for Fellows and Partners

   • #1 source of minority MBA candidates for top 10 business schools
   • 90%+ of undergraduate Fellows obtain full-time job offers from top-tier firms
   • Leading source of minority talent for top firms, including Goldman Sachs, Google, Deloitte, Procter
     & Gamble and PepsiCo


   Generating high profile media coverage

   • Profiled as the leading minority talent organization on CNN’s “Black in America 2: Tomorrow’s
     Leaders” series
   • John Rice (Founder and CEO) named top 30 global social entrepreneur by Forbes
   • Cover story in Fortune
   • Profiled on NPR, Wall Street Journal and BusinessWeek




                                                                                UNLOCKING CAREER POTENTIAL   3
MLT’S CAREER POTENTIAL EQUATION
Every senior leader would identify several critical drivers of their career success
that they did not get in the classroom.


                                                   MLT’s Key               Fulfilled
    Classroom                                                   =
                   +      Hard Work           +   Ingredients               Career
    Education
                                                                           Potential




                       Access to the best              Coaching / mentoring
                       opportunities
                                                       Door-opening relationships
                       Preparatory roadmap
                                                       High-performing peer
                       Hard and soft skills            community




                                                                 UNLOCKING CAREER POTENTIAL   4
MLT’S TALENT DEVELOPMENT SYSTEM

  SOURCE HI-PO TALENT                                                                      CAREER ADVANCEMENT
   AT MULTIPLE STAGES                                                                       PROGRAM (CAP) FOR
• Non-profit partnerships / feeder                                                          RISING EXECUTIVES
  programs (K-12 programs,
                                                                                         • Mid-career professionals identified as
  scholarship providers)                                                                   highest potential by MLT partners
• Alumni / Fellow referrals                                                              • 6 months of executive coaching and
• Partner referrals (b-schools and
                                                                                           development around specific
  corporate partners)                                                                      roadblocks to senior leadership
• MLT recruiting team’s efforts
                                                                                         • 75% promoted within first year
                                               MBA PREP FOR EARLY
                                              CAREER PROFESSIONALS
                                              • Pre-MBAs with raw talent to succeed
                                                at top MBA programs
                                              • 18 months of coaching and in-person
                                                workshops focused on MBA                          BUILDING A MORE
                                                application and career preparation               ROBUST LEADERSHIP
                                              • Coaching and guidance during b-                     PIPELINE FOR
                                                school to maximize job outcomes                       PARTNERS
     CAREER PREP FOR                          • #1 source of minority students for top
                                                                                             • Leverage MBA Focus to efficiently
    COLLEGE STUDENTS                            10 MBA programs
                                                                                               facilitate recruiting process
• Undergrad juniors and seniors
                                                                                             • Customized retention solutions at
  sourced from 90+ schools
                                                                                               various stages of leadership pipeline
• 15-month curriculum with one-on-one
  coaching and in-person workshops                                                           • Data throughout
  driven by corporate partners
• 90% receive full-time job offers prior to
  graduation


                                                                                                UNLOCKING CAREER POTENTIAL          5
THE CHALLENGE: DIVERSE LEADERSHIP PIPELINE
Companies are trying to solve for more diverse leadership, but minorities are
falling out of the leadership pipeline at a far greater rate than their non-minority
peers.

                            Black                   Hispanic                    Native American

30%




23%




15%




8%




0%
           US Population       Bachelor’s Degrees   Top Entry Level Biz Jobs   Top 50 B-Schools      Senior Leadership

Source: 2001 study conducted by BCG/MLT; updated in 2006 by Booz Allen Hamilton/MLT

                                                                                          UNLOCKING CAREER POTENTIAL     6
POLL #1



In your opinion, how effective are your company’s diversity recruiting efforts?
  1. Very Effective
  2. Effective
  3. Somewhat effective
  4. Ineffective
POLL #2



Which of the following are part of your diversity strategy?
  1. Scholarships / fellowships
  2. Skill building activities for diverse candidates (case studies, interview prep,
     immersion experiences)
  3. Early identification of talent (i.e. before the start of the traditional campus
     recruiting season)
  4. Diversity career fairs
  5. Recruiting at HBCUs
CASE STUDY: INCREASING MARKET SHARE
Companies make big investments in advertising, betting that their investment will
pay dividends in increased market share. Vendors are evaluated on pre-defined
criteria and held accountable for results.




      Issue RFP for                                                   Evaluate results and
   advertising agency    Formulate ad       Execute campaign            continue vendor
  including budget and    campaign         and measure results        relationship or begin
      vendor criteria                                                     process again




Many of these same companies hold themselves to a much lower standard of rigor when
         investing in strategies to build a more diverse senior leadership pipeline.

                                                                 UNLOCKING CAREER POTENTIAL   9
CREATING A STRATEGIC DIVERSE TALENT STRATEGY
The rigor used to create, execute and evaluate a diverse talent strategy should
be equal to that used to solve any other business challenge.




   Determine budget     Work with partners
                                                   Execute and              Evaluate results and
    and criteria for    (schools, diversity
                                                measure results               continue vendor
      evaluating           orgs, training
                                              based on indicators of        relationship or begin
   partnerships and        resources) to
                                                 pipeline change                process again
     investments        formulate strategy




Companies have been employing many of the same diversity strategies for 10+ years, but
   have not changed course despite limited impact in their diverse leadership pipeline
                               over that time period.


                                                                       UNLOCKING CAREER POTENTIAL   10
SOLVING FOR SENIOR LEADERSHIP
Broadening the pool of senior leaders requires increasing the pool of qualified
diverse candidates at various career stages.



                               Leadership Pipeline

                Analyst        Associate       VP / Director       MD

                                                     x

                                                            Leadership Pool
                 Recruitment
                                                         Senior mentors
                                                         Recruiting ambassadors
                                                         Diversity champions
                                                         Bench strength
                                     Retention and
                                     Development




                                                                       UNLOCKING CAREER POTENTIAL   11
COMMON PRACTICE: RECRUITING STRATEGY




   Strategy: Vigorously compete for relatively limited pool of qualified diverse
   candidates at point of recruiting “transaction”.


                      Tactics                                        Outcomes
   •   Career fairs                                 •   More intense competition to capture a
   •   Campus info sessions                             larger percentage of available talent pool
                                                    •   No growth in the overall size of the
   •   Mass emails to candidates
                                                        available talent pool
   •   Invest in partnerships that help to access
       large pools of candidates




                                                                           UNLOCKING CAREER POTENTIAL   12
STRATEGIC APPROACH: RECRUITING STRATEGY



   Stage One: Invest in building the pool of qualified candidates pursuing your
   company’s opportunities.


                      Tactics                                        Outcomes
   •   Take a data-driven approach to identifying   •   A larger pool of qualified candidates to
       candidates early with high potential for         recruit from
       success
   •   Engage candidates before the start of the
       traditional recruiting season
   •   Educate students about what it takes to
       be a successful candidate
   •   Help candidates build the skills they need
       to be successful (case studies, analytical
       skill building, interview prep, etc)




                                                                           UNLOCKING CAREER POTENTIAL   13
STRATEGIC APPROACH: RECRUITING STRATEGY (2)



   Stage Two: Cultivate candidates via personal relationships and outreach.



                      Tactics                                       Outcomes
   •   Target candidates that fit your company’s   •   Candidates understand that you want
       profile via MBA Focus                           them to be a part of your organization
   •   Conduct personalized outreach,              •   The recruiting transaction can become an
       leveraging details from MBA Focus               outgrowth of a relationship
       profiles (school, work experience,
       interests, etc)


   Stage Three: Efficiently close recruiting transaction with expanded candidate
   pool.




                                                                         UNLOCKING CAREER POTENTIAL   14
COMMON PRACTICE: DIVERSITY GOALS / METRICS




   Strategy: Recruiting goals targeting an incremental improvement over the
   prior year (e.g. 3 more diverse hires) and retention goals focused on culture-
   change and inclusiveness.


                      Tactics                                       Outcomes
   •   No shared goals among recruiting and        •   Annual recruiting goals don’t drive
       retention teams                                 activities that lead to a more robust
   •   Recruiting goals solely focused on annual       diverse leadership pipeline
       outcomes                                    •   Retention strategies do not contribute to
   •   Retention and advancement goals solely          stronger performance within today’s
       focused on long-term drivers of change          environment




                                                                          UNLOCKING CAREER POTENTIAL   15
STRATEGIC APPROACH: DIVERSITY GOALS / METRICS


   Strategy: Starting point for goal setting is a clear picture of what a robust
   diverse talent pipeline looks like in 5 years.


                       Tactics                                         Outcomes
   •   Annual goals are based on progress             •   Annual strategies track to a more robust
       metrics toward achieving desired pipeline          senior leadership pipeline
       metrics                                        •   Success = a sustainable solution to the
   •   Hiring strategies and metrics tied to              company’s diverse leadership pipeline
       retention and advancement strategies           •   Near-term success stories (i.e. senior
       and challenges                                     leaders) to celebrate and replicate
   •   Retention strategies include helping high
       potential individuals navigate / succeed
       within the current environment
   •   Disciplined focus on initiatives that impact
       levers that drive desired 5-year goals
   •   All strategy decisions are data and
       metrics-based




                                                                            UNLOCKING CAREER POTENTIAL   16
COMMON PRACTICE: DIVERSITY TEAM ALIGNMENT




   Strategy: Recruitment (campus and/or lateral), retention and/or diversity
   teams focused on individual areas with limited alignment / coordination.


                      Tactics                                     Outcomes
   •   No shared goals                           •   Recruiting and retention strategies not
   •   Separate budget and reporting                 integrated and not focused on the key
       relationships                                 drivers of sustainable long-term outcomes
                                                 •   Difficult to implement integrated solutions
   •   Recruiting strategies disconnected from
       retention strategies and key drivers of       that involve multiple departments
       success in organization                   •   Difficult for partners to propose integrated
                                                     solutions




                                                                        UNLOCKING CAREER POTENTIAL   17
STRATEGIC APPROACH: DIVERSITY TEAM ALIGNMENT




   Strategy: Recruitment and retention teams develop joint integrated strategy
   (with senior executives providing oversight).


                        Tactics                                     Outcomes
   •   Senior line executive(s) convene internal   •   Recruitment and retention teams
       departments and facilitate an integrated        coordinating to most efficiently drive
       organization approach                           pipeline impact
   •   Shared goals address key levers of
       pipeline impact
   •   Ability to jointly fund initiatives




                                                                          UNLOCKING CAREER POTENTIAL   18
STRATEGIC APPROACH: SAMPLE TOP-LEVEL SCORECARD
 Minority Representation
                                                          2012                 2017
 (Recruiting and Retention)

   VP                                                    ## / X%              ## / X%

   Director                                              ## / X%              ## / X%

   Manager                                               ## / X%              ## / X%

   Associate                                             ## / X%              ## / X%

   Pipeline

 Indicators of Health
                                                          2012                 2017
 (Recruiting, Retention, Development, Impact)

 Attrition Rates:
    VP / Director / Manager / Associate                   X%                    X%

 Promotion Rates:
   VP / Director / Manager / Associate                    X%                    X%

   Active Affinity Group Membership                        ##                   ##

 Recruiting:
   Interview to offer conversion                          X%                    X%
   Offer to hire conversion                               X%                    X%
   Summer internship to full-time conversion              X%                    X%

 Pipeline:
                                                                                ##
    Number of diverse candidates from target schools       ##
                                                                                ##
    Number of diverse candidates from technical majors     ##
                                                                                ###
    Average GMAT of diverse candidates                    ###
                                                                   UNLOCKING CAREER POTENTIAL   19
COMMON PRACTICE: DIVERSITY PARTNERSHIPS




   Strategy: Invest in portfolio of organizations / initiatives based on executive
   relationships, profile or ability to do good / positive work.


                       Tactics                                     Outcomes
   •   High-profile investments that show          •   Partnership investments not cohesive
       commitment to diversity (but do not         •   Successful partnerships do not equate to
       contribute to results)                          a broader diverse talent pipeline
   •   Investments in organizations that do good
       work, but do not contribute to a more
       robust leadership pipeline
   •   Prioritize relationships over results
   •   Reward predictability in partners (as
       opposed to innovation)
   •   Investments are scaled back backed
       based on size of investment (rather than
       results) when budgets are reduced




                                                                         UNLOCKING CAREER POTENTIAL   20
STRATEGIC APPROACH: DIVERSITY PARTNERSHIPS




   Strategy: Invest in partnerships that impact the key levers that contribute to a
   more robust diverse talent pipeline.


                      Tactics                                       Outcomes
   •   Investments are made based on a clear       •   Cohesive partnerships working toward a
       criteria that demonstrate potential to          common goal
       impact key pipeline levers                  •   Successful partnerships translate directly
   •   Foster collaboration among partners             to a more robust talent pipeline within the
   •   Collaborate up front to determine metrics       organization
       that contribute to 5-year strategy          •   More robust data set to enhance decision
   •   Partners held accountable for delivering        making and facilitate trouble shooting /
       results and data to track progress (e.g.        change in tactics
       candidate progress data via MBA Focus)
   •   Investments are scaled back based on
       results when budgets are reduced




                                                                          UNLOCKING CAREER POTENTIAL   21
CONTACT US




MBA FOCUS                         MLT
Todd Erdy                         Kevin Donahue
VP Global Partnerships            VP Partnerships
todd.erdy@mbafocus.com            kdonahue@ml4t.org
613.339.2080                      646.810.6113
www.MBAFOCUS.com                  www.ML4T.org
Questions?




Kevin Donahue
Vice President, Partnerships
            MLT


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   Services (866) 538-1909 or email
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Crack the Code of the Diverse Leadership Pipeline

  • 1. Crack the Code of the Diverse Leadership Pipeline Need assistance? Call Member Services (866) 538-1909 or email support@hci.org
  • 2. #HCIwebcast Agenda Housekeeping Feature Presentation Q&A Need assistance? Call Member Services (866) 538-1909 or email support@hci.org
  • 3. This presentation is made possible by: Thank You! www.mbafocus.com
  • 4. Interact with us! Click the Q&A button to: 1. ask the presenter(s) questions 2. contact HCI Tech Support Need assistance? Call Member Services (866) 538-1909 or email support@hci.org
  • 5. To listen to this webcast using VoIP: you must first un-mute your computer speakers and turn up the volume Click the “Voice & Video” tab on the menu bar at the top of your screen and click on “Join Audio” *If you do not have this option please use the Q&A interface for technical support* Need assistance? Call Member Services (866) 538-1909 or email support@hci.org
  • 6. You can find the slides from this presentation on the community page on www.hci.org under the “Webcast on Demand” section Need assistance? Call Member Services (866) 538-1909 or email support@hci.org
  • 7. Today’s Moderator Alan Mellish @alanmellish alan.mellish@hci.org Need assistance? Call Member Services (866) 538-1909 or email support@hci.org
  • 8. Today’s Featured Guest Kevin Donahue Vice President, Partnerships MLT Need assistance? Call Member Services (866) 538-1909 or email support@hci.org
  • 9. CRACKING THE CODE ON THE MINORITY LEADERSHIP PIPELINE MAY 2012
  • 10.
  • 11. MLT RESULTS Driving breakthrough results for Fellows and Partners • #1 source of minority MBA candidates for top 10 business schools • 90%+ of undergraduate Fellows obtain full-time job offers from top-tier firms • Leading source of minority talent for top firms, including Goldman Sachs, Google, Deloitte, Procter & Gamble and PepsiCo Generating high profile media coverage • Profiled as the leading minority talent organization on CNN’s “Black in America 2: Tomorrow’s Leaders” series • John Rice (Founder and CEO) named top 30 global social entrepreneur by Forbes • Cover story in Fortune • Profiled on NPR, Wall Street Journal and BusinessWeek UNLOCKING CAREER POTENTIAL 3
  • 12. MLT’S CAREER POTENTIAL EQUATION Every senior leader would identify several critical drivers of their career success that they did not get in the classroom. MLT’s Key Fulfilled Classroom = + Hard Work + Ingredients Career Education Potential Access to the best Coaching / mentoring opportunities Door-opening relationships Preparatory roadmap High-performing peer Hard and soft skills community UNLOCKING CAREER POTENTIAL 4
  • 13. MLT’S TALENT DEVELOPMENT SYSTEM SOURCE HI-PO TALENT CAREER ADVANCEMENT AT MULTIPLE STAGES PROGRAM (CAP) FOR • Non-profit partnerships / feeder RISING EXECUTIVES programs (K-12 programs, • Mid-career professionals identified as scholarship providers) highest potential by MLT partners • Alumni / Fellow referrals • 6 months of executive coaching and • Partner referrals (b-schools and development around specific corporate partners) roadblocks to senior leadership • MLT recruiting team’s efforts • 75% promoted within first year MBA PREP FOR EARLY CAREER PROFESSIONALS • Pre-MBAs with raw talent to succeed at top MBA programs • 18 months of coaching and in-person workshops focused on MBA BUILDING A MORE application and career preparation ROBUST LEADERSHIP • Coaching and guidance during b- PIPELINE FOR school to maximize job outcomes PARTNERS CAREER PREP FOR • #1 source of minority students for top • Leverage MBA Focus to efficiently COLLEGE STUDENTS 10 MBA programs facilitate recruiting process • Undergrad juniors and seniors • Customized retention solutions at sourced from 90+ schools various stages of leadership pipeline • 15-month curriculum with one-on-one coaching and in-person workshops • Data throughout driven by corporate partners • 90% receive full-time job offers prior to graduation UNLOCKING CAREER POTENTIAL 5
  • 14. THE CHALLENGE: DIVERSE LEADERSHIP PIPELINE Companies are trying to solve for more diverse leadership, but minorities are falling out of the leadership pipeline at a far greater rate than their non-minority peers. Black Hispanic Native American 30% 23% 15% 8% 0% US Population Bachelor’s Degrees Top Entry Level Biz Jobs Top 50 B-Schools Senior Leadership Source: 2001 study conducted by BCG/MLT; updated in 2006 by Booz Allen Hamilton/MLT UNLOCKING CAREER POTENTIAL 6
  • 15. POLL #1 In your opinion, how effective are your company’s diversity recruiting efforts? 1. Very Effective 2. Effective 3. Somewhat effective 4. Ineffective
  • 16. POLL #2 Which of the following are part of your diversity strategy? 1. Scholarships / fellowships 2. Skill building activities for diverse candidates (case studies, interview prep, immersion experiences) 3. Early identification of talent (i.e. before the start of the traditional campus recruiting season) 4. Diversity career fairs 5. Recruiting at HBCUs
  • 17. CASE STUDY: INCREASING MARKET SHARE Companies make big investments in advertising, betting that their investment will pay dividends in increased market share. Vendors are evaluated on pre-defined criteria and held accountable for results. Issue RFP for Evaluate results and advertising agency Formulate ad Execute campaign continue vendor including budget and campaign and measure results relationship or begin vendor criteria process again Many of these same companies hold themselves to a much lower standard of rigor when investing in strategies to build a more diverse senior leadership pipeline. UNLOCKING CAREER POTENTIAL 9
  • 18. CREATING A STRATEGIC DIVERSE TALENT STRATEGY The rigor used to create, execute and evaluate a diverse talent strategy should be equal to that used to solve any other business challenge. Determine budget Work with partners Execute and Evaluate results and and criteria for (schools, diversity measure results continue vendor evaluating orgs, training based on indicators of relationship or begin partnerships and resources) to pipeline change process again investments formulate strategy Companies have been employing many of the same diversity strategies for 10+ years, but have not changed course despite limited impact in their diverse leadership pipeline over that time period. UNLOCKING CAREER POTENTIAL 10
  • 19. SOLVING FOR SENIOR LEADERSHIP Broadening the pool of senior leaders requires increasing the pool of qualified diverse candidates at various career stages. Leadership Pipeline Analyst Associate VP / Director MD x Leadership Pool Recruitment Senior mentors Recruiting ambassadors Diversity champions Bench strength Retention and Development UNLOCKING CAREER POTENTIAL 11
  • 20. COMMON PRACTICE: RECRUITING STRATEGY Strategy: Vigorously compete for relatively limited pool of qualified diverse candidates at point of recruiting “transaction”. Tactics Outcomes • Career fairs • More intense competition to capture a • Campus info sessions larger percentage of available talent pool • No growth in the overall size of the • Mass emails to candidates available talent pool • Invest in partnerships that help to access large pools of candidates UNLOCKING CAREER POTENTIAL 12
  • 21. STRATEGIC APPROACH: RECRUITING STRATEGY Stage One: Invest in building the pool of qualified candidates pursuing your company’s opportunities. Tactics Outcomes • Take a data-driven approach to identifying • A larger pool of qualified candidates to candidates early with high potential for recruit from success • Engage candidates before the start of the traditional recruiting season • Educate students about what it takes to be a successful candidate • Help candidates build the skills they need to be successful (case studies, analytical skill building, interview prep, etc) UNLOCKING CAREER POTENTIAL 13
  • 22. STRATEGIC APPROACH: RECRUITING STRATEGY (2) Stage Two: Cultivate candidates via personal relationships and outreach. Tactics Outcomes • Target candidates that fit your company’s • Candidates understand that you want profile via MBA Focus them to be a part of your organization • Conduct personalized outreach, • The recruiting transaction can become an leveraging details from MBA Focus outgrowth of a relationship profiles (school, work experience, interests, etc) Stage Three: Efficiently close recruiting transaction with expanded candidate pool. UNLOCKING CAREER POTENTIAL 14
  • 23. COMMON PRACTICE: DIVERSITY GOALS / METRICS Strategy: Recruiting goals targeting an incremental improvement over the prior year (e.g. 3 more diverse hires) and retention goals focused on culture- change and inclusiveness. Tactics Outcomes • No shared goals among recruiting and • Annual recruiting goals don’t drive retention teams activities that lead to a more robust • Recruiting goals solely focused on annual diverse leadership pipeline outcomes • Retention strategies do not contribute to • Retention and advancement goals solely stronger performance within today’s focused on long-term drivers of change environment UNLOCKING CAREER POTENTIAL 15
  • 24. STRATEGIC APPROACH: DIVERSITY GOALS / METRICS Strategy: Starting point for goal setting is a clear picture of what a robust diverse talent pipeline looks like in 5 years. Tactics Outcomes • Annual goals are based on progress • Annual strategies track to a more robust metrics toward achieving desired pipeline senior leadership pipeline metrics • Success = a sustainable solution to the • Hiring strategies and metrics tied to company’s diverse leadership pipeline retention and advancement strategies • Near-term success stories (i.e. senior and challenges leaders) to celebrate and replicate • Retention strategies include helping high potential individuals navigate / succeed within the current environment • Disciplined focus on initiatives that impact levers that drive desired 5-year goals • All strategy decisions are data and metrics-based UNLOCKING CAREER POTENTIAL 16
  • 25. COMMON PRACTICE: DIVERSITY TEAM ALIGNMENT Strategy: Recruitment (campus and/or lateral), retention and/or diversity teams focused on individual areas with limited alignment / coordination. Tactics Outcomes • No shared goals • Recruiting and retention strategies not • Separate budget and reporting integrated and not focused on the key relationships drivers of sustainable long-term outcomes • Difficult to implement integrated solutions • Recruiting strategies disconnected from retention strategies and key drivers of that involve multiple departments success in organization • Difficult for partners to propose integrated solutions UNLOCKING CAREER POTENTIAL 17
  • 26. STRATEGIC APPROACH: DIVERSITY TEAM ALIGNMENT Strategy: Recruitment and retention teams develop joint integrated strategy (with senior executives providing oversight). Tactics Outcomes • Senior line executive(s) convene internal • Recruitment and retention teams departments and facilitate an integrated coordinating to most efficiently drive organization approach pipeline impact • Shared goals address key levers of pipeline impact • Ability to jointly fund initiatives UNLOCKING CAREER POTENTIAL 18
  • 27. STRATEGIC APPROACH: SAMPLE TOP-LEVEL SCORECARD Minority Representation 2012 2017 (Recruiting and Retention) VP ## / X% ## / X% Director ## / X% ## / X% Manager ## / X% ## / X% Associate ## / X% ## / X% Pipeline Indicators of Health 2012 2017 (Recruiting, Retention, Development, Impact) Attrition Rates: VP / Director / Manager / Associate X% X% Promotion Rates: VP / Director / Manager / Associate X% X% Active Affinity Group Membership ## ## Recruiting: Interview to offer conversion X% X% Offer to hire conversion X% X% Summer internship to full-time conversion X% X% Pipeline: ## Number of diverse candidates from target schools ## ## Number of diverse candidates from technical majors ## ### Average GMAT of diverse candidates ### UNLOCKING CAREER POTENTIAL 19
  • 28. COMMON PRACTICE: DIVERSITY PARTNERSHIPS Strategy: Invest in portfolio of organizations / initiatives based on executive relationships, profile or ability to do good / positive work. Tactics Outcomes • High-profile investments that show • Partnership investments not cohesive commitment to diversity (but do not • Successful partnerships do not equate to contribute to results) a broader diverse talent pipeline • Investments in organizations that do good work, but do not contribute to a more robust leadership pipeline • Prioritize relationships over results • Reward predictability in partners (as opposed to innovation) • Investments are scaled back backed based on size of investment (rather than results) when budgets are reduced UNLOCKING CAREER POTENTIAL 20
  • 29. STRATEGIC APPROACH: DIVERSITY PARTNERSHIPS Strategy: Invest in partnerships that impact the key levers that contribute to a more robust diverse talent pipeline. Tactics Outcomes • Investments are made based on a clear • Cohesive partnerships working toward a criteria that demonstrate potential to common goal impact key pipeline levers • Successful partnerships translate directly • Foster collaboration among partners to a more robust talent pipeline within the • Collaborate up front to determine metrics organization that contribute to 5-year strategy • More robust data set to enhance decision • Partners held accountable for delivering making and facilitate trouble shooting / results and data to track progress (e.g. change in tactics candidate progress data via MBA Focus) • Investments are scaled back based on results when budgets are reduced UNLOCKING CAREER POTENTIAL 21
  • 30. CONTACT US MBA FOCUS MLT Todd Erdy Kevin Donahue VP Global Partnerships VP Partnerships todd.erdy@mbafocus.com kdonahue@ml4t.org 613.339.2080 646.810.6113 www.MBAFOCUS.com www.ML4T.org
  • 31. Questions? Kevin Donahue Vice President, Partnerships MLT Need assistance? Call Member Services (866) 538-1909 or email support@hci.org
  • 32. Stay Tuned another presentation starts at the top of the hour www.hci.org Human Capital Institute (HCI) @human_capital
  • 33. Thank You! Please join us for another Webcast in this series on August 8, 2012 www.hci.org Human Capital Institute (HCI) @human_capital