Imagine having a board of millennials coaching you on the values of the new generations in the workplace. That is the reality for Bob Fisch, the former CEO of Rue 21. He has done a lot to bridge the gap between generations in business. He joins Bold TV with a member of his millennial advisory board, Nicole Campbell, to discuss his book titled “Fisch Tales.” The book describes the mutual respect that different generations should have for each other in business and how we can learn from each other’s experiences.
Fisch’s millennial advisory board supplies Fisch with a lot of knowledge, but the board benefits greatly as well. Fisch acts as a tough time counselor for the advisory board while Campbell and her fellow members open Fisch up to millennial ideals. Fisch uses the terms “mutual mentoring” and “generational splicing,” to describe the process of bringing together millennials and baby boomers. Fisch opens up a dialogue between millennials and baby boomers that works toward success and education. This allows for a more positive relationship than the outdated “us versus them” mentality.
This is Fisch’s philosophy as he continually seeks knowledge from the millennial generation. Millennials have a lot to offer, and it is rare for older generations to have enough patience to tap into that knowledge. Fisch and Campbell are disrupting an outdated way of thinking by revealing the core values that exist between all generations. Fisch discusses his time with Rue 21 and the role millennials played in its success. When he took over the company, it was on the brink of bankruptcy. Without perspective from millennials, he doesn’t believe he would have been able to get Rue 21 back on track. This is where he developed the idea for his millennial advisory board.