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CHAPTER 3   •  Integrative Managerial Issues    107
                    thing about PwC’s CDO position is that it is  rotating—that   diversify their pool of protégés.” Part of the partners’ evalua-
                    is, partners are rotated in and out of the role every two years.   tions will be based on their advocacy and investment in these
                    Currently, that position belongs to Maria Castanón Moats, an   individuals. But PwC doesn’t just expect its employees to
                    audit partner who recently was named CDO.             know what to do in mentoring. A toolkit for successful advo-
                       Another diversity commitment that PwC has made is   cacy was created that includes guidelines, suggested readings,
                    to talent development. Professional services companies, like   and other internal resources. And the most important part of
                    PwC, prosper or fail because of their human talent. PwC has   that toolkit?  Videos showing real-life examples of partners
                    made it a priority to “find, engage, and promote the best and   and staff members sharing their personal experiences with
                    brightest  employees,  especially  those  from  underrepresented   mentoring.
                    groups.” To attract such outstanding, diverse talent, the com-
                    pany offers employees an enviable array of benefits. Because   Discussion Questions
                    work at professional services companies can be arduous and
                    demanding, PwC has looked for ways to offer its employees   3-24  How might population trends affect a professional services
                    work/life  flexibility  to  deal  with  personal  and  professional     organization like PwC? What might it have to do to adapt to
                    challenges. Some of the benefits it offers include backup child-  these trends?
                    care assistance, paid paternity leave, nanny resources and refer-  3-25  What challenges might PwC face in adapting to a more diverse
                                                                              applicant pool of college graduates?
                    rals, onsite religious accommodations, well-being rewards, and
                    tax equalization for all domestic partners.           3-26  Businesses often face the dilemma of retaining diverse
                                                                                employees once they’re trained. What can PwC do to retain its
                       Finally, a major key to PwC’s diversity management is   diverse employees?
                    its mentoring program, which has been described as “world   3-27  What advantages do you think PwC’s mentoring program
                    class.” A mentor is a senior employee who sponsors and sup-    provides? What potential drawbacks might there be?
                    ports a less-experienced employee, called a protégé. Although   3-28  PwC’s “rotating” chief diversity officer is an unusual  approach.
                    half of the company’s mentoring pairings are cross-cultural,   What advantages do you see to such an arrangement?
                    Moritz has asked each of PwC’s 2,500 partners to “consciously    Drawbacks?



                    Endnotes



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