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BCG LGBT Network
People Development Initiative

        March 23, 2011
       Gabrielle Novacek
People development is core to our mission
                                                                Actively recruit top talent from
                                                                the LGBT community to build
                                                                    LGBT application and
                                           Recruiting                 acceptance rates




 Reach out to our alumni and     Alumni    BCG LGBT
the broader LGBT community
                                  and       Network
   to promote BCG values                    Mission
                               community

                                                 Career and
                                                                        Provide an attractive and
                                                  affiliation        supportive work environment to
                                                                     ensure that all LGBT members
                                                                    worldwide have the opportunities
                                                                    to succeed and are motivated to
                                                                             flourish at BCG


                                                                                                   1
What is the People Development Initiative?
                             Goal
                               In-depth career development support
                               for LGBT employees throughout their
                               career to increase the likelihood of
                               promotion, in conjunction with robust
                               affiliation programs to ensure
                               retention of top talent

                              Business objectives
                               Provide additional mechanisms to
                               enhance our employees' capabilities
                               within an environment where every
                               individual can be his or her true self...

                               Ensure that BCG retains top talent
                               able to bring diverse perspectives to
                               complex business problems,
                               especially as BCG's business is
                               constrained by the need for talent

                                                                       2
Have developed robust toolkit, actions, and
  accountability model
           Strengths         Leadership            Mentor-
                                                                         Experience              Group
           and AFDs           review of            mentee
 Toolkit                                                                  database            discussions
            survey            feedback           one-on-ones
                                    Group and individual needs identified



           Senior mentor coaching              Expertise sharing             Senior leader-led training

Actions     Peer-to-peer training          Office leadership coaching                 Expertise guide

                            Integration into overall BCG development program



                Governance structure                                      Key metrics




                                                                                 Promotions




                                                                                                  Accolades
Tracking
                                                               Network
                                                               growth


                                                                                                              3
Example: LGBT senior members provide coaching
and mentorship
 Coaching and mentoring program process                    Additional activities

                                                       One-on-one mentoring with
                                                       LGBT members in local offices

 Define participants with                              Problem solving as different
 local CDCs                                            issues arise
                                          Speak with
                                           members     Ensure all LGBT BCGers are
                            Membership
                                                       being treated fairly
                               career                  Work with senior management
                 Execute    development
                  plans                                and local office administrators
                                            Gather
                                              CDC      Act as voice of LGBTN in larger
                        Review & plan                  BCG community
                          in LGBT             forms
                         leadership
                            team

                        Continuous coaching


                                                                                         4
Example: taking action on communication and
presence based on member survey
  Conducted pre-          Clear signal that communication and                          Workshop to
 workshop survey              credibility topics of concern                          discuss as group

Prior to North America                               All LGBT Network consultants   Lead by senior mgmt
meeting, distributed                                                                (straight allies) and
survey to attendees          Communication                                          senior LGBTN member
                                                             78
                                & credibility

Asked questions re:                                                                 Revealed "comfort" of
feedback members had        Problem solving                                         LGBTers in executive
                                                      22
                                  & insight
received in recent                                                                  male-driven meetings
reviews                                                                             leading to decreased
                                  Practicality                                      participation
Asked for input on           & effectiveness
topics that would be                                                                Found that issue was
most helpful to discuss      Client interation 11
                                                                                    internal; feared being
in development                                                                      judged
workshop
                                                 0                50       100      Worked as group to
                                      % identifying as area for development         develop strategies to
                                                                                    address



                                                                                                             5
Example: active engagement from senior BCG
management
  Two workshop sessions at
recent Super-regional meeting   ...led by senior BCG management

                                                                               Joe Davis
                                          East Coast System Lead and OA, Washington DC


                                                                               Ian Frost
                                     Sr Partner & Americas Consulting Team Lead, Chicago


                                                                            Matt Krentz
                                                        GLC System Lead & OA, Chicago


                                                                             Rich Lesser
                                                        Chairman, NA and SA, New York


                                                                               Tom Lutz
                                                    Southern System Lead and OA, Dallas


                                                                        Thomas Wurster
                                           West Coast System Lead and OA, San Francisco



                                                                                           6
Affiliation programs a cornerstone of PDI
                                                          ...in building
                           ...with frequent touch         something of
Everyone has a role...             points...               importance
Group structured by        • Weekly regional calls    BCG as employer of
functional topics and      • Monthly global           choice
geography....                leadership calls          • Affiliation
                           • Global and regional       • Career support
                             conferences               • Strong policies
                           • Informal local outings
                           • Recruiting events         Broad network
                           • Newsletters               • Co-members, alumni,
                           • Intranet                    colleagues at other
                           • Special topic groups        firms, community at
                           • Advocacy                    large
...and includes everyone   • Career development
from our newest members      meetings                  Active in community
to most senior             • Etc.                      • HRC, Stonewall
                                                       • Reaching Out, OUBC,
                                                         IvyQ, Out on Bay
                                                         Street
                                                                               7
Example: new member welcome pack sent upon
joining the LGBTN




                                             8
Example: member efforts driving changes within
BCG

 December 2010 – NYT Bucks Blog indicates
  BCG in discussions on equalizing Federal
   Taxation on same-sex domestic partner
                  benefits

                                             In conjunction with this honor
                                              from the HRC, we have today
                                                announced that BCG has
                                               adopted tax equalization for
                                               same-sex domestic partner
                                              benefits, effective 01/01/2011




                                                                               9
Many thanks from the entire BCG
        LGBT Network




                                  10

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BCG Innovation Award - People Development Initiative

  • 1. BCG LGBT Network People Development Initiative March 23, 2011 Gabrielle Novacek
  • 2. People development is core to our mission Actively recruit top talent from the LGBT community to build LGBT application and Recruiting acceptance rates Reach out to our alumni and Alumni BCG LGBT the broader LGBT community and Network to promote BCG values Mission community Career and Provide an attractive and affiliation supportive work environment to ensure that all LGBT members worldwide have the opportunities to succeed and are motivated to flourish at BCG 1
  • 3. What is the People Development Initiative? Goal In-depth career development support for LGBT employees throughout their career to increase the likelihood of promotion, in conjunction with robust affiliation programs to ensure retention of top talent Business objectives Provide additional mechanisms to enhance our employees' capabilities within an environment where every individual can be his or her true self... Ensure that BCG retains top talent able to bring diverse perspectives to complex business problems, especially as BCG's business is constrained by the need for talent 2
  • 4. Have developed robust toolkit, actions, and accountability model Strengths Leadership Mentor- Experience Group and AFDs review of mentee Toolkit database discussions survey feedback one-on-ones Group and individual needs identified Senior mentor coaching Expertise sharing Senior leader-led training Actions Peer-to-peer training Office leadership coaching Expertise guide Integration into overall BCG development program Governance structure Key metrics Promotions Accolades Tracking Network growth 3
  • 5. Example: LGBT senior members provide coaching and mentorship Coaching and mentoring program process Additional activities One-on-one mentoring with LGBT members in local offices Define participants with Problem solving as different local CDCs issues arise Speak with members Ensure all LGBT BCGers are Membership being treated fairly career Work with senior management Execute development plans and local office administrators Gather CDC Act as voice of LGBTN in larger Review & plan BCG community in LGBT forms leadership team Continuous coaching 4
  • 6. Example: taking action on communication and presence based on member survey Conducted pre- Clear signal that communication and Workshop to workshop survey credibility topics of concern discuss as group Prior to North America All LGBT Network consultants Lead by senior mgmt meeting, distributed (straight allies) and survey to attendees Communication senior LGBTN member 78 & credibility Asked questions re: Revealed "comfort" of feedback members had Problem solving LGBTers in executive 22 & insight received in recent male-driven meetings reviews leading to decreased Practicality participation Asked for input on & effectiveness topics that would be Found that issue was most helpful to discuss Client interation 11 internal; feared being in development judged workshop 0 50 100 Worked as group to % identifying as area for development develop strategies to address 5
  • 7. Example: active engagement from senior BCG management Two workshop sessions at recent Super-regional meeting ...led by senior BCG management Joe Davis East Coast System Lead and OA, Washington DC Ian Frost Sr Partner & Americas Consulting Team Lead, Chicago Matt Krentz GLC System Lead & OA, Chicago Rich Lesser Chairman, NA and SA, New York Tom Lutz Southern System Lead and OA, Dallas Thomas Wurster West Coast System Lead and OA, San Francisco 6
  • 8. Affiliation programs a cornerstone of PDI ...in building ...with frequent touch something of Everyone has a role... points... importance Group structured by • Weekly regional calls BCG as employer of functional topics and • Monthly global choice geography.... leadership calls • Affiliation • Global and regional • Career support conferences • Strong policies • Informal local outings • Recruiting events Broad network • Newsletters • Co-members, alumni, • Intranet colleagues at other • Special topic groups firms, community at • Advocacy large ...and includes everyone • Career development from our newest members meetings Active in community to most senior • Etc. • HRC, Stonewall • Reaching Out, OUBC, IvyQ, Out on Bay Street 7
  • 9. Example: new member welcome pack sent upon joining the LGBTN 8
  • 10. Example: member efforts driving changes within BCG December 2010 – NYT Bucks Blog indicates BCG in discussions on equalizing Federal Taxation on same-sex domestic partner benefits In conjunction with this honor from the HRC, we have today announced that BCG has adopted tax equalization for same-sex domestic partner benefits, effective 01/01/2011 9
  • 11. Many thanks from the entire BCG LGBT Network 10