IntroSmall consulting firms often experience growing pains as they increase
their client load and bring in new employees. Talented senior managers,
recognized for their expertise, find they are spending so much time mentoring
new employees that they cannot stay attuned to their clients’ needs or meet
their own billable hour targets.
Question
Can SNA help firms in such a position identify these
talented but overburdened senior managers and offer ways of ensuring that the
firm both retain its key senior leaders, meets the needs of its clients, and
develops its new employees?
Hypotheses
SNA can help firms 1.) identify talented but overburdened senior managers and 2.) identify equally talented junior managers to whom the senior managers can either transfer a portion of their client work or responsibilities in mentoring new employees.
SNA can help firms 1.) identify talented but overburdened senior managers and 2.) identify equally talented junior managers to whom the senior managers can either transfer a portion of their client work or responsibilities in mentoring new employees.
Data Required
For the purposes of the study, the network consists of all the firm’s employees. Employees should be surveyed along the following three sets of attributes:
For the purposes of the study, the network consists of all the firm’s employees. Employees should be surveyed along the following three sets of attributes:
1.
Demographics and position:
a.
Title
b.
Years with the firm
c.
Years of experience
d.
Gender
e.
Age
f.
Average number of billable hours per month
2.
Expertise (this list is illustrative and should
be customized given the nature of the firm’s business):
a.
Supply Chain management
b.
Stakeholder Engagement
c.
Research Design
d.
Trend Analysis
e.
Materiality Assessment
f.
Strategy Development
g.
Governance Practices
3.
Connections to other employees:
a.
Each employee is asked to rank how frequently
they seek out information or advice from every other employee.
i. Frequency
is measured on a 5 point Likert Scale (1 = never, 5 = very frequently)
ii. In
larger firms, it may be too time-consuming to ask employees to rank their
interactions with all other employees. It may be more effective to ask
employees to identify the top five employees with whom they interact the most.
Network Measures
Addressing Hypothesis 1: The senior managers at risk of
burnout are identified as those having: 1.) a high level of seniority, 2.) high
average billable hours and 3.) high in-degree connection scores, especially
among more junior employees – a measure which serves as a proxy for being
sought out for expertise.
Addressing Hypothesis 2: to match these senior managers with junior managers with the capability of being new mentors, we first identify junior managers who share similar expertise profiles to senior managers, but currently have fewer in-degree connections.
Addressing Hypothesis 2: to match these senior managers with junior managers with the capability of being new mentors, we first identify junior managers who share similar expertise profiles to senior managers, but currently have fewer in-degree connections.
Benefits to the Firm
The firm could employ this data in two days. It could decide
that to formalize the mentorship role of it senior managers, lowering their
billable hour targets and directing them to shift their focus to supporting new
employees. In this scenario, senior
managers would transfer some of their client load to these high-performing
junior managers. Alternatively, the firm could decide to keep its senior
managers focused on client work, and formally shift mentoring responsibilities
to the more junior, but equally skilled, managers. In either case, the firm
benefits by being able to better align its resources to meet internal and
external demands, and ultimately continue to grow its business.
1 comment:
Michael, This is very interesting. I like it except for two issues:
1. You may not be able to identify all the issues that potentially cause burnout (also the factors may vary widely from person to person.) This is especially important because you are trying to forecast those who are "at risk"
2. Although I agree that seeking juniors of a similar profile would be ideal, I'm not sure that your solution is implementable. No one wants to give up clients or billability (without some compensation of some kind,) and up-and-coming juniors might not want the added burden of more "mentees."
Nevertheless, this is a good starting point, and it provides some measurable and actionable results
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