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Pedigree is Overrated. McKinsey is Paying Employees to Quit

No More Golden Tickets

Kelli and Nolan discuss the news out of McKinsey this past week: generous packages for employees to opt out of their workforce. Is this a sign that there are no more golden tickets? Kelli and Nolan cover what this move says not only about McKinsey but about pedigreed qualifications more broadly. They also identify the key skillsets for this economy and the single most important thing you can do to make yourself recession-proof.

HR Heretics is a podcast from Turpentine.


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KEEP UP WITH NOLAN + KELLI ON LINKEDIN
Nolan: https://www.linkedin.com/in/nolan-church/
Kelli: https://www.linkedin.com/in/kellidragovich

TIMESTAMPS:
(00:00) Preview
(00:53) The Opt-Out Strategy: A Personal Perspective
(01:52) Clarity and Transparency in Layoffs
(03:00) Business Continuity During Layoffs
(04:43) Rethinking the Value of Prestigious Institutions
(08:25) Sponsor: Attio
(09:22) Networking and Layoff-Proofing Your Career
(10:39 )The Changing Landscape of Employment and Skills
(13:35) Final Thoughts and Advice for Navigating the Job Market
(14:00) Wrap

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HR Heretics Substack
“HR Heretics” | How CPOs, CHROs, Founders, and Boards Build High Performing Companies
After a decade+ of “blitz-scaling” companies, HR, talent, and People leaders now face an uncertain economy that has already seen big booms and busts. What will it take to construct the next generation of incredible businesses – and where can people leaders have the most business impact?    
Hosts Nolan Church and Kelli Dragovich have been through it all, the highs and the lows – IPOs, layoffs, executive turnover, board meetings, culture changes, and more. With a lineup of industry vets and experts, Nolan and Kelli break down the nitty-gritty details, trade offs, and dynamics of constructing high performing companies. Through unfiltered conversations that can only happen between seasoned practitioners – Kelli and Nolan dive deep into the kind of leadership-level strategy that often happens behind closed doors.
This show is for those who are ready to ditch conventional wisdom and figure out from first principles what works for their culture, business model, and industry, with the goal of building a resilient and enduring company. You’ll come away with real guidance for seeing around corners, building enduring companies, and carving out an impactful career – plus a newly-honed bullshit detector.
Topics frequently touched on in this season include: building high performing cultures, compensation negotiation, performance reviews, company design, equity, M&As, recruiting the best talent, and how to manage your own psychology as a people leader.