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FDIC Board Selects Boston Consulting Group to Advise on Workplace Culture Initiatives

September 4, 2024

WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) Board of Directors (the Board) today selected Boston Consulting Group (BCG) Federal Corporation to advise and assist the agency as it implements its Action Plan for a Safe, Fair, and Inclusive Work Environment, which includes recommendations from a separate independent third-party review and the FDIC Office of the Inspector General.  These initiatives are intended to improve FDIC workplace culture, policies, procedures and structures affecting interpersonal misconduct.  BCG Federal will report directly to the Board.

BCG Federal has extensive experience in workplace culture and change management projects for both public and private sector clients. The team of experts at BCG Federal has advised and assisted with workplace culture transformation, fostering psychological safety, empowering teams, and leadership development at other government agencies. The firm was selected from among several advisors after a competitive, public solicitation. 

The FDIC also recently announced the selection of a Transformation Monitor who will monitor and audit how the FDIC implements its workplace culture initiatives and engage with BCG Federal as part of its work.

Attachment(s)
Request for Proposals for Third-Party Expert

Last Updated: September 4, 2024