AlixPartners Gives Where It Really Matters

February 13, 2023
Alan Holz, managing director of AlixPartners and Youth INC Board member (second from L) at RBC Race for the Kids (2018)

Youth INC’s sponsor has a talent for building better communities around the world.

It is never too late to turn things around, as the work of AlixPartners shows.

A Youth INC sponsor that specializes in helping businesses successfully address their most complex and critical challenges, AlixPartners has worked to rebuild companies, communities, and cities by deploying not only financial support but strategic and analytic expertise.

The latter is incredibly important in a disrupted world.

"Most companies today recognize data as a strategic asset, but they are less good at putting that asset to work to sharpen decision-making. The benefits in doing so are tremendous," wrote AlixPartners Chief Executive Officer Simon Freakley recently. "Clear-eyed analysis of the data at hand, enhanced byAI tools and shorn of our cognitive biases, provides us insight."

AlixPartners believes in leveraging that skill to give back to nonprofit organizations and causes.

Through Youth INC, AlixPartners consultants contribute time on the boards of nonprofits they care about to help navigate challenges. But that is just one part of the firm-wide commitment to Social Impact.

AlixPartners joins Youth INC at RBC Race for the Kids (2019)

This past year, AlixPartners provided digital expertise to MagicBreakfast, a U.K. organization combating food insecurity in 2,000 schools. Three AlixPartners senior consultants completed an assessment of software vendors with a view to secure finance, procurement, and stock management systems that would provide Magic Breakfast with increased scale to realize its mission as its catchment of schools in need quadrupled.

Elsewhere, Managing Director David Bassuk co-founded Fashion Industry Council with Mindy Scheier, a fashion designer and mother of a child with a rare condition, to bring Mindy’s vision of a more inclusionary fashion industry to life. The council is part of the Runway of Dreams Foundation founded by Mindy, and supported by AlixPartners at the trustee level.

For Her Justice, a nonprofit that provides legal advice to women living in poverty in New York City, we conducted a rapid assessment of the nonprofit’s IT infrastructure to expand their capabilities during the COVID-19 pandemic. By leveraging tools to allow attorneys to provide support remotely during the pandemic and creating integrated systems for more seamless and productive processes, Her Justice was able to provide support for more than 6,000 women and their children in 2021.  

Through its philanthropic program, AlixGives, AlixPartners employees are also provided with eight hours to donate each year to a cause important to them.

AlixGives is an outgrowth of AlixPartners’ broader commitment to social responsibility. The firm leverages its people, collective skills and financial resources to tackle the most pressing challenges in the places it touches and embody the firm’s mantra of being there “when it really matters.” AlixPartners has 26 offices around the world, and is devoted to building more balanced societies from micro to macro initiatives, including involvements with World Economic Forum’s Racial Justice in Business partnership and the Council for Systemic Inequalities and Social Cohesion.

Whether it’s models, designers, and consumers given the opportunity to explore a more inclusive fashion industry or nonprofit boards with greater capacity to impact their communities, those at AlixPartners working to deploy their skills beyond the client pool have demonstrated how good ideas and the skill to execute them can turn lives around. 

Author

Youth INC

Youth INC is a network of 80+ of the best youth development nonprofits in New York City. We provide our nonprofit partners with the coaching, capital, and connections required to achieve sustainable growth and maximum impact. Our nonprofit partners collectively champion over 250,000 young people each year. The Aspen Institute estimates that investing in the Social and Emotional Learning (SEL) of young people generates an 11x return. This measure means Youth INC's $110 million raised since inception has yielded over $1B in impact.

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