Creating a Culture of Honest Career Conversations with Amber Walsh of McGuireWoods LLP 4-25-25

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Becker Private Equity & Business Podcast 18 min 5 speakers 6 chapters transcribed
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Who are the hosts and what is the podcast about?

This is Scott Becker with the Becker Private Equity and Business Podcast. We're thrilled today to be joined by one of our most listened to regular guests, Amber Walsh. Amber lives at the intersection of private equity and healthcare, but more than that, she's a true leader and thinks about leadership all the time. She's going to talk today about a concept related to

What does Amber Walsh identify as the key challenge in assessing employee commitment?

Unknown 0:55
company culture how you work with team members how you start to help them thrive and a lot more amber let me tee it up and ask you to take charge and tell us what's what what are your thoughts and what's on your mind yeah thank you scott i am very focused um right now and i have been for a long time but it's very fresh for me right now is this concept of assessing a colleague's commitment commitment to their career commitment to that particular company or in our case a law firm and how you might create a culture that makes it okay to discuss questions concerns around commitment long term that that particular colleague employee may have it's a topic that I find really interesting, but really, really challenging as a manager, because it is something that is so hypercritical for the success of the organization. There's so many different statistics, of course, around employee engagement and commitment and how that is a direct tie to the success of the organization.
Unknown 2:18
But I find it to be such a daunting concept because it can be so incredibly difficult to assess commitment When in many cases you are talking about very, very highly motivated, highly skilled, intelligent people who either one may believe that they want to be in our case in the private practice of law at a law firm like McGuire Woods. They may believe that. Or even if they have personal doubts, They may also feel like they cannot reveal those doubts and they're talented enough, frankly, to not show that they have doubts about that commitment. Und das ist das, was ich als Manager so hart finde. Und ich habe wirklich darüber nachgedacht und gelesen und versucht, mit anderen in meiner Position darüber zu sprechen, wie man das Vertrauen überprüfen kann und vielleicht ein Umfeld kreieren kann, in dem es okay ist, über diese Dinge zu sprechen. Über die Angst zu sprechen, um dann darauf zu reagieren, um Managern, um ehrlich gesagt, besser zu planen,

Why is it difficult for employees to express doubts about their career commitment?

Unknown 3:34
Both for those colleagues, those employees, but also for their own team building.
Yes, I think it's a fascinating, fascinating question. And what happens is, there's so many different pieces of this. Let's take an aside. People that have been lifers at the firm, at a firm, into their 40s or 50s, they're likely not going any place without people knowing that they're going someplace and so forth. Und dann kommen wir zurück zu einigen jüngeren Gruppen. Und dann gibt es Leute, die an sechs verschiedenen Firmen gearbeitet haben. Und wenn du glaubst, dass sie in deiner Firma für immer bleiben werden, ist es wahrscheinlich ein schlechtes Wettbewerb, weil sie sich immer versuchen, sich selbst und die richtige Kulisse und all diese Art von Dingen herauszufinden. Dann kommst du zum Herzen dieser Diskussion.
Leute, die wahrscheinlich in der, weißt du, früheren Karrierephase, 25 bis 35, sagen wir mal, 25 ist das Jahr, an dem die Leute aus der Grundschule aufgehoben werden, wenn sie gerade durchgehen. Das sind breite Gedanken über die Gruppen. Aber diese Gruppe, die versuchen selbst herauszufinden, ob sie ihre langfristige Karriere machen wollen oder nicht, was sie tun wollen, was ihre Pläne sind.

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