• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

2

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

1

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

2

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

Companies’ most neglected resource for success

By
John Hagel III and John Seely Brown
John Hagel III and John Seely Brown
and
John Seely Brown
John Seely Brown
Down Arrow Button Icon
By
John Hagel III and John Seely Brown
John Hagel III and John Seely Brown
and
John Seely Brown
John Seely Brown
Down Arrow Button Icon
November 7, 2013, 11:33 AM ET
Add Fortune on Google for similar content.

FORTUNE — When Procter & Gamble (PG) needed a leader to guide the company back to growth in a hyper-competitive environment, it turned to someone who knew the company intimately — an alumnus.

Having left the company just a few years before, A.G. Lafley was, like many alumni, uniquely suited to help his former firm. He came into the job with a wealth of tacit knowledge — the “know how” rooted in experience — and a deep connection to the organization.

Many companies overlook one of the most closely connected and valuable networks available to them: ex-employees, retirees, and even former partners and clients who already have experience with the organization. These alumni know the capabilities and the culture of the organization and the industry while also bringing outside expertise and connections that current employees might not have.

MORE: Storing solar energy for a rainy day

Few companies do this well. Instead, we tend to think of alumni networks in the context of universities. Even among universities, few engage alumni beyond fundraising and, to a lesser extent, recruiting, networking, and career services. Likewise, top consultancies maintain alumni networks, but few do it in a way that delivers real benefits to participants and the firm.

Some of the best models for alumni engagement come from the non-academic, post-graduate programs focused on public service (Coro Fellows Program in Public Affairs), public education (Broad Residency), and technology (Singularity University). These programs include a formal training component and often place participants in temporary job assignments. However, the organizations also focus on shaping a sector and developing a network to amplify their influence. These goals provide a rationale for a structured alumni program.

An alumni program has to create value, such as continuing education or skills development, job placement and recruiting support, mentoring and reverse mentoring — for the participants as well as the organization. The Coro Fellows Program in Public Affairs, which is designed to train leaders in civic and nonprofit work, offers an Alumni Toolbox to help past participants refresh their skills and gain new ones and learn new techniques from other alumni. The Broad Residency uses alumni advisors to guide current fellows both in their on-the-job challenges and in career planning.

In several major cities, the local Coro Leadership Network hosts quarterly speaker events. The Broad Residency builds on the relationships formed over the two-year fellowship with an annual Forum where alumni come together to participate in discussions on education.

An alumni program that encourages both past and current employees to work together across organizational boundaries is more likely to succeed. Exposing alumni to the biggest challenges and concerns the organization faces can encourage participants to self-organize — into working groups or even business ventures.

The self-directed Singularity University alumni groups keep the school’s globally dispersed alumni (approximately 85% from outside the U.S.) engaged and moving forward on their specific initiatives after the 10-week summer program ends.

MORE: With hyper-connectivity, ‘we’re reinventing what it means to be human’

For companies, the alumni program that will have the most enduring impact — a network that the company can turn to for resources, expertise, and partnership — also requires time to develop. As a first step, companies can invite alumni to manage significant parts of the alumni activities, from moderating discussion boards to planning events. The Coro National Alumni Association has a 30-member board to guide its efforts. Singularity University has appointed alumni “ambassadors” in 40 countries who organize local activities and meet-ups. Alumni of the Broad Residency review the thousands of resumes submitted to the program each year and participate in recruiting (approximately half of accepted residents come from alumni nominations). Broad alumni also help plan meetings for school administrators and superintendents from the program and teach formal sessions at the two-year education program.

For many organizations, regardless of size or mission, alumni represent the best, closest network of resources. Through a diverse network that creates opportunities for all participants, a company can learn and develop new abilities faster, exactly the type of learning organizations need. But encouraging individuals to participate in such a community requires a deliberate effort.

About the Authors
By John Hagel III and John Seely Brown
See full bioRight Arrow Button Icon
By John Seely Brown
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in blogging

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Most Popular

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
Big Tech
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
By Sydney LakeJuly 23, 2026
2 days ago
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
Economy
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
By Eleanor PringleJuly 24, 2026
13 hours ago
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Economy
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
By Sasha RogelbergJuly 23, 2026
1 day ago
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
2 days ago
Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”
Personal Finance
Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”
By Joshua HongJuly 23, 2026
2 days ago
Current price of oil as of July 24, 2026
Personal Finance
Current price of oil as of July 24, 2026
By Joseph HostetlerJuly 24, 2026
11 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.