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Speaker AWelcome to Consulting for Humans, a podcast all about life in consulting.
Speaker BYou're with Mike and Ian, and in.
Speaker AEach episode, Ian and I will be shining a light on a new topic that gets to the heart of what makes consultants happy and.
Speaker AAnd successful.
Speaker BSo if you're a human trying to be a consultant, or who knows, a consultant trying to be a human, then this show is for you.
Speaker BThank you for joining us once again.
Speaker BAnd, Mike, I'm just going to introduce a theme that we're getting into here.
Speaker BWe wanted to talk for a long time now about the generational shifts in consulting.
Speaker BI mean, everybody's got this vocabulary that we're using these days about Gen X and Gen Y and Gen Z.
Speaker BWe wanted to take a chance to talk about that from a consulting perspective.
Speaker BSo this week, beginning with the baby boomer generation, we're going to be talking about what attracts them to consulting.
Speaker BWhat are the big ideas that influence their thinking?
Speaker BWhat are their likes and what are their skepticisms?
Speaker BAnd what have they struggled with and what have they faced in their careers as consultants?
Speaker BAnd what can we learn from the experience of these generations?
Speaker BMike, I'm looking forward to this.
Speaker BLet's get into it.
Speaker BWho knew that we had our first laboratory subject among us?
Speaker BRight.
Speaker AIt's funny.
Speaker AAnd when I thought about this episode, I thought, two consultants walk into a bar, a Gen Xer and a boomer.
Speaker AAnd I thought, I'm the boomer, you're the Gen Xer.
Speaker ABut here we were, and we started talking about what was the same, what was different.
Speaker AAnd then that filtered out to our colleagues, to our friends, and to our memories about what's happened during our careers.
Speaker AYeah.
Speaker BSo I'm sure there were consultants before the baby boomers, but none of them are around for us to talk to.
Speaker BAnd let's just talk about what we're talking about here.
Speaker BBaby boomers are people born into the world between 1946 and 64.
Speaker BThey graduated college from 68 to 82, which means they were really entering the consulting profession in the early 70s onwards.
Speaker BThey are now, Mike.
Speaker BI hesitate to say this.
Speaker BThey are now in their 70s or older, but surprisingly young for their age, Right?
Speaker AOh, I think the only thing worse than having a birthday at that age is not having one.
Speaker ASo I'm quite grateful for those.
Speaker AI'm delighted.
Speaker APin them on.
Speaker AFor a guy who never thought he'd live past 30 or that you'd want to, hey, 70 is great, especially compared.
Speaker BTo the alternative, Right?
Speaker AExactly.
Speaker BSo in my notes from the show here, it says we have Learned and reflected by looking and researching that.
Speaker BBut baby boomers are folks who had a sense of purpose.
Speaker BThis is a generation that was driven, you might say, by the social and intellectual awakening, especially among college educated people of that era.
Speaker BThe kind of Vietnam and post Vietnam era.
Speaker BHow did careers look and how did life look to you as a boomer?
Speaker BAs you were thinking about entering this profession?
Speaker AIt's interesting.
Speaker AI came into consulting sideways, so I never thought.
Speaker AThought about entering this profession.
Speaker AAnd it's funny, I think I was thinking about a lot of things back then.
Speaker AMost of them, as you said.
Speaker AWhen you think about sense of perp and the social, intellectual and awakening.
Speaker AI'm thinking back to those times, thinking our lives were at least mine.
Speaker AA lot defined around things like assassinations and as you said, Vietnam and turmoil at home and the Chicago National Convention.
Speaker AFor folks listening to this around the world, there was a lot of turbulence here in the 60s, rolling over to the 70s, and we had a lot of folks like hippies and yippies and radicals who went on to be great insurance sales people and other things.
Speaker ASo it was a really interesting time.
Speaker AAnd that I.
Speaker AI think there was a time when we really were in some cases wondering about institutions.
Speaker AYeah.
Speaker ABut not so much so that we didn't change very much into being attracted by prestige, by opportunities, or just going with the flow.
Speaker AYou had to go to college, you had to get a job, people of certain things.
Speaker AAnd I was right on the edge there.
Speaker AMy dad had gone to a tech school, was probably one of the first people, other family members that also did schooling.
Speaker ABut for me, college was a given in my mind.
Speaker AYeah.
Speaker AYet it was new to our family, such that I also had to make my own way into college.
Speaker AAnd college, to me was not about finding a career.
Speaker AIt was like a kid in a candy shop.
Speaker AIt was just all this, oh my gosh, look at what all is here.
Speaker ATo the point where I know my dad was appalled when he saw my schedule some semesters.
Speaker AWhat are you taking all this for?
Speaker AAnd I loved it.
Speaker AEven majors.
Speaker AI just.
Speaker AI want to do this.
Speaker AI want to do this.
Speaker AI would do this.
Speaker AI started with three, I ended with two.
Speaker AOh, wow.
Speaker BThat's very restrained.
Speaker AWould have done even more.
Speaker AJust loved it.
Speaker BSo it's interesting you're describing a world where organizations, including consulting organizations, are still quite hierarchical.
Speaker AYes.
Speaker BStill quite traditional in the way that they are structured.
Speaker BAnd the behavior of people is expected to show kind of deference to the hierarchy.
Speaker BAnd yet the newly graduated college hires who are coming in are People who've got new ideas and are interested in changing the world from the inside out.
Speaker ASo some, and some of whom were, I think, almost carbon copies of their parents in terms of about organizations and careers and very linear.
Speaker AThe gold watch was hanging around in everybody's consciousness, right.
Speaker ASome of us wanted to change the world, but then probably also get the gold watch, right?
Speaker BSo I think consulting back in that time must have been a sufficiently small, sufficiently narrow and rare profession really, that it didn't have the scale that it has now.
Speaker BAnd that if you get into it, it's either going to be because you're a new grad and you're into the prestige of being at a very kind of secret society level of rarity, or you're getting brought into it sideways.
Speaker BWhich I guess was your experience, right, Mike?
Speaker AIt was.
Speaker AAnd I'm sure there were folks who always knew they were going to business school or always knew they had that kind of corporate career mentality or new people in consulting or grew up in consulting related families.
Speaker ABut for me, I honestly on graduation, I had no idea what I was going to do job wise, much less career wise.
Speaker AI had thoughts about perhaps which graduate programs I wanted to go to next.
Speaker AThey were more about psychology, they were about religion, they were about other masters things.
Speaker AI just wanted to learn more and experience more.
Speaker ABut I knew that I also had to pay for this because I was having to pay for all that stuff myself.
Speaker AAnd scholarships and scholarship opportunities were huge in my life.
Speaker AAnd that also had an element of give back to it.
Speaker ASome of those.
Speaker AThe big one that I was on was about what were you doing?
Speaker AYou got it for part of what you did in your life to give back.
Speaker AAnd you had to show that you were giving back every semester somewhere.
Speaker ASo the.
Speaker AWhich was also very resonant with my life.
Speaker ASo learning, giving back, that was there.
Speaker AAnd I thought, okay, so to continue on, I've got to make some money.
Speaker ALet's find out.
Speaker AAnd I stumbled into this firm, which actually was a credit union.
Speaker AI didn't know what a credit union was.
Speaker AIt's collective financial collectively member owned financial institution.
Speaker AAnd it was in North Carolina, where I graduated in North Carolina.
Speaker AAnd they would only hire liberal arts graduates.
Speaker AAnd the idea was we know business and we can teach you the business that you need to know.
Speaker AWhat we need are people who know and are interested in people, hence the liberal arts slide.
Speaker AAnd there was a bit of the times of what I would call a kiddie crusade, but it's part of a credit union kind of Thing that we interpreted as let's get the blood sucking bankers and we're going to do things for people without the exorbitant fees and without we're going to help them in their lives and their financial lives.
Speaker AAnd we're going to be doing that as part of a mission and a purpose too.
Speaker ABut that was the organization that allowed me to grow very quickly and to meet consultants for the first time.
Speaker AAnd that was where my was like, wow, you do what now?
Speaker AI was the business representative as at a time it introduced me to a lot of things.
Speaker ASo one was consulting.
Speaker ABut the consulting project was around.
Speaker AThese were the days of paper based process, batch processing, IT systems, moving to some organizations and state employees Credit union was one of them.
Speaker AAn online real time system which was really, that would have been not the thing there.
Speaker AAnd it was, yeah, how do you take what we're doing in, in the teller transactions?
Speaker AHow do we take what we do in lending?
Speaker AHow do we take what we're doing in real estate and automate that more?
Speaker ASo it got me introduced to business technology and being the people interface.
Speaker ASo working with what people were doing and making this happen in order to benefit people, meaning the credit union's owners, their members.
Speaker AAnd so all of that became touchstones for my career and kind of resonated with the times and the ideas I grew up with.
Speaker AAnd I was, so I've mentioned, I think on the show before that the litmus test that I failed to pass there was they said, but you're married so we can't hire you to join our consulting firm because we have a 90% divorce rate.
Speaker ASo it was a little bit about work ethic back then that was perhaps different for consultants certainly today.
Speaker AAnd that probably evolved over the generations too.
Speaker BSo we're getting a picture here of a culture, a worldview that says we still accept to some extent hierarchies and big organizations and we work within them.
Speaker BWe're getting the idea that consultants are about making things better and a little faster and maybe a little cheaper and more efficient.
Speaker BThat all sounds very familiar.
Speaker BDoing that using new ideas and new process thinking and new technology.
Speaker BThat all sounds pretty familiar.
Speaker BI'm looking for a point of difference here.
Speaker BAnd it strikes me that one of the things that we all are as consultants is we are skeptics in a positive way.
Speaker BWe are skeptics.
Speaker BSo what would your average baby boomer accept as gospel and what would they be skeptical about?
Speaker BWhat would they want to examine?
Speaker AIt's interesting.
Speaker AThere were a lot of people who Weren't very skeptical.
Speaker AIt's funny, in my own mind, I'm giving my perspective, I think my perspective was in a lot of ways a minority perspective, but it was a pretty big minority.
Speaker AThe world was changing and it wasn't changing.
Speaker AAnd I think we see that on a lot of different levels that there was bifurcated a little bit or you had people in and out, like I said, hippies and yippees who became corporate people and a lot of corporate people who came from generations of corporate and organizational people.
Speaker AAnd there was still a lot of institutional loyalty.
Speaker AAnd like I mentioned, the gold watch, this idea that you went for a company and you stayed with that company and that was the right thing to do and your parents would be proud of you for doing that and that sort of thing.
Speaker ABut for me it was about learning and making a difference.
Speaker ARight?
Speaker AAnd consulting was like a magical place.
Speaker AYou got to do that the same way the university was a magical place for doing that with all the things you could learn about.
Speaker AAnd the fact that you were the reason you got this scholarship was so that you would go out and make a difference in the world and make a difference right here in the world that you're around in your college environment that day to day as well.
Speaker BWe're starting.
Speaker BI say we.
Speaker BI'm imagining myself alongside you, but I would have come a little bit later.
Speaker BWe're starting out with a sort of accepted view of the world as stable.
Speaker BA bit of passion being kindled there for making the world a better place and some new things coming along like technology and new ways of working.
Speaker BThat all sounds very fruitful for somebody who wants to be a consultant.
Speaker BWhat was difficult, not just for you, but for consultants of that generation.
Speaker AClearly at that point, I like to think that my parents generation was the generation that said I had it tough, you're going to have it tough.
Speaker AThe way you succeed is by just giving it your all and pressing on.
Speaker AAnd the idea was still pretty prevalent that everybody was telling stories about.
Speaker AWhen I was a junior, I had to walk in the snow uphill both ways every day.
Speaker AAnd that was going on too.
Speaker AAnd I think that we were, as consultants, pretty.
Speaker AWe love the firm, we love to work hard, we love to have an influence and make things happen.
Speaker ABut we worked hard, hard.
Speaker AAnd there was a skepticism about a shortcut.
Speaker AYou don't do that.
Speaker AYou have to go the linear process and you have to put in the hours and you have to do the work and you have to.
Speaker AEven with developing methodologies, doing client work, doing Research, doing analysis.
Speaker AAnd it's a time when there wasn't a whole lot of data laying around.
Speaker AThere wasn't a lot of easy access to information.
Speaker AYou were working more and more, increasingly, at least I was across starting in industries, but across industries.
Speaker AThe world was changing, not certainly as quickly as it was here, but there still was a lot of change going on.
Speaker AAnd it was tough.
Speaker AI told you about the 90% divorce rate at that firm that I initially talked to and I found some of the same stuff.
Speaker AAnd I found myself getting really sucked into that, that.
Speaker ABut on the one hand it was a rush, but it was also 24 7.
Speaker AIt was.
Speaker AAnd as you moved along, you were selling business, you were doing business, you were building your firm, you were, you were doing all or your practice or whatever, you were doing all of those things.
Speaker ABut everybody, everybody wore as a little bit of a badge of honor just how hard they worked, how little they slept and that sort of thing.
Speaker ASo that was a piece of it.
Speaker BSo that was some of the challenges.
Speaker BI want to talk about what ideas influenced people, especially in consulting, because you and I've talked a lot about books and authors and thinking frameworks already on the podcast and it's interesting to see how many of those have changed and how many of those are new.
Speaker BIf I've got my sort of chronological head right here.
Speaker BMike, the boomer generation was mid career when some of what I think of as the big, the big ideas about breaking down traditional organizations when they first appeared.
Speaker BThe one I'm thinking of is the Jan Carlson book Moments of Truth.
Speaker BAnd he came up with this idea of inverting the pyramid and thinking in a new way about people who are in customer facing roles.
Speaker BWhat are some of the other big authors or big ideas or big works that were influential in thinking back then?
Speaker AThere was the one minute Manager and a whole series of one minute Manager kind of things and how you work with people and develop people.
Speaker AI think that I remember as a big one and interesting.
Speaker AYou mentioned Jan Carlson and Moments of Truth.
Speaker AMy dad drew what was essentially an inverted pyramid for me when I was in high school about his ideas about who's important important in organizations.
Speaker AAnd Carlson was not saying that we should invert the pyramid.
Speaker AWhat he was trying to do was say you got to pay attention to the moments of Truth, the moments that your organization touches the customer.
Speaker AAnd my dad was saying we give too much focus, too much attention on who's at the top of the pyramid.
Speaker AAnd forget that oftentimes you know people from the top Through a lot of the pyramid, don't actually touch the customer directly.
Speaker AAnd a lot of times it's the people at the bottom of the organization who are actually have these customer facing roles and provide the experiences that customers have for your organization.
Speaker ASo they weren't necessarily talking about let's change organizations, but let's focus on those moments of truth.
Speaker AThe one minute manager.
Speaker AThis whole thing about starting to give people a little bit more autonomy and some guidance.
Speaker AThe same thing back then.
Speaker AStephen Covey 7 Habits of Highly Effective People and storytelling this was great.
Speaker AHow do we influence.
Speaker AWe didn't have like massive amounts of data and big analyses.
Speaker AWe told stories and we learned from stories a lot.
Speaker ANot unlike generations and generations of the world through, but they were different stories here.
Speaker AI still remember Covey talking about kind of stewardship delegation.
Speaker AHe would tell his kids about, you know, tending to the yard or the garden and saying clean and green or something.
Speaker AThat's the outcome I want.
Speaker AYou can figure out how to do that as opposed to I'm going to tell you every specific thing.
Speaker AAnd I think that some of those things were great, began with the end in mind and some of that, but some of it was the way of doing that.
Speaker AAnd there was this feeling like you could figure out secrets for success.
Speaker APeters and Waterman back then.
Speaker AIn Search of Excellence.
Speaker AOh my gosh.
Speaker BWritten by two Uber boomers.
Speaker AExactly.
Speaker BTom Peters and Robert Waterman.
Speaker BYeah.
Speaker AYeah.
Speaker AWe had all of a sudden the answer.
Speaker ALook at these companies that do amazing things and do that.
Speaker AAnd so there was a tendency to look for silver bullet to sell answers.
Speaker AAnd that drove a lot of consulting back then.
Speaker AThere were all the frameworks and the big firms.
Speaker AThere was a huge growth in consulting firms.
Speaker AThere was a huge growth in industry.
Speaker AYou'd seen so much grow, develop extra money to spend more.
Speaker AGood times to be had.
Speaker AA rising tide floats all boats.
Speaker AIt was a target rich environment.
Speaker AYeah.
Speaker BAnd it was a growth in the success of industry.
Speaker BAnd the era of professional management in big organizations was absolutely the thing in the Luminaries episode that comes out alongside this one.
Speaker BMike, we're going to take a closer look at a couple of our favorite books from the era.
Speaker BDissect what they've got to tell us and maybe reflect on the value of dipping back into them today.
Speaker BGetting back to the story of boomers, Mike, in the long term, was a career in consulting likely to be something that a baby boomer would stick with?
Speaker AOh, all careers were something people stuck with, but particularly in consulting, not unlike anything else.
Speaker AIt's the gold watch again, you didn't see as much, I think back then of people coming in and out and moving around.
Speaker AThere were.
Speaker AIt was seen that people went with a firm, did well.
Speaker AThere was a bit of up and out.
Speaker ABut the idea was keep staying with the up, keep staying with the up.
Speaker AIt's not necessarily the way I went, but I think I got influenced by a lot of the generations I got.
Speaker AThere's not a lot of the generations that came after me, but a lot of the people in the generations that came after me.
Speaker BI'm with you.
Speaker BYeah, yeah.
Speaker BAnd it's interesting, Mike, that generation of owner partners, there will be people who founded their own consulting firms that went on to be successful who are retiring now.
Speaker BWho are that generation?
Speaker BIf you're sitting in a mid sized specialist consulting firm anywhere and it's called Bradley and Shank, and Bradley and Mr.
Speaker BShank are both on the golf course right now, the chances are that they are from that generation and they will have seen it as their life's work and they would have cultivated stability and the good ones will have learned and flexed and, and evolved as they went and we'll have recruited younger partners.
Speaker BBut it's interesting.
Speaker BThat generation are the ones who are just retiring and selling out.
Speaker BWhich brings me to ask our final question today, Mike.
Speaker BWhat next for your average boomer?
Speaker AI'm not sure what's next for the average boomer.
Speaker AI think that really varies.
Speaker AI think there are people who, like you say, I remember in university seeing Maslow's goal purpose line.
Speaker AYep.
Speaker AAnd his life expectancy line for males.
Speaker AAnd the idea was that if you followed a person's goal, a man's goal purpose line at the time, that he either achieved what he set out to achieve or he realized he wasn't going to.
Speaker ARight after that, people died like flies.
Speaker ASo I was very worried along my career trajectory that my dad was going to retire one day and he actually ended up doing very well and retired early.
Speaker AAnd so as a good consultant, I was running around like crazy trying to find an organization that we could acquire and run together because I was afraid he would die.
Speaker AAnd he looked at me one night as I was pitching him yet another firm that I thought would be great for us and said, mike, have I ever told you that I wanted to go back to work for another day ever?
Speaker AAnd I said, no, you don't.
Speaker AHe said, God, no, I'm really happy being done.
Speaker AAnd he loved his work and he did great things with that.
Speaker ABut he was also delighted to be Done now.
Speaker AHe was never not busy a single day.
Speaker AHe had other things that he wanted to do.
Speaker AAnd I find, I'm thinking back to some of my contemporaries and colleagues and peers, that some of them feel that way and felt that way and did great things and also were really smart.
Speaker ASome of them were brilliant because they invested in the firms that we saw the future of.
Speaker AI was one of those people that said, you can never invest in those firms because that would be a conflict of interest.
Speaker AAnd I kick myself to this day.
Speaker AAnd I went, what were you doing, you idiot?
Speaker AWhy weren't we were doing these things and we saw this.
Speaker AWhy weren't you buying those stocks?
Speaker BThere were positions to be taken.
Speaker AYeah, but I think there are others who, like we said, have loved it and still love it.
Speaker AAnd it's kind of part of your being.
Speaker AIt's why you do what you do and want to either do it or help others who are doing that and bring part of what you learned from that back to other people.
Speaker BMike, there's a really good point for us to touch on finally, which is what do we get?
Speaker BWhat do we appreciate as non boomers from having a boomer around in the consulting context?
Speaker BAnd I think part of it is perspective.
Speaker BYou and I'm not personalizing this directly to you, Mike, but to the, to people of that generation, you've got perspective.
Speaker BYou've seen things ebb and flow and rise and fall.
Speaker BYou've seen good times and bad times.
Speaker BAnd I think that perspective is hugely important and it's something that the rest of us can miss.
Speaker AI think it's ever.
Speaker AI can't tell you the lessons and the motivations I took away from watching my grandmother who was widowed earlier in her life.
Speaker ABut I, I'm saying early, she's probably in her 50s or 60s, but then went on to live 30 to 40 years the way she wanted to live.
Speaker AAnd the perspectives that she brought that were amazing in terms of her ability to look back over generations and be Switzerland and mediate between my dad and I and our conflicts of generations.
Speaker ASo that wisdom in our elders sometimes really helpful to have.
Speaker AAnd that perspective.
Speaker AAbsolutely.
Speaker BSo, Mike, I think this has been a great conversation.
Speaker BI like all of us who have a boomer around us in our lives and in our consulting firms to appreciate them.
Speaker BIt's been really great as well to pick up on some of the themes that I think we're going to have to touch on to compare with the other generations, like what do they care about?
Speaker BWhat are they skeptical about?
Speaker BWhat do they bring?
Speaker BWhat are they trying to break down?
Speaker BBecause some things I think are fundamental about the way we do consulting, some things have changed massively as individuals have changed.
Speaker BSo, Mike, thanks so much.
Speaker BIt's been a really great conversation.
Speaker BI hope that everybody who's listening has enjoyed it as much as I have.
Speaker BWe're looking forward to talking about Generation X next week.
Speaker BI have no idea who we might talk to.
Speaker BI'm sure we'll come up with something.
Speaker AWe look forward to talking with you again on consulting for Humans next week.