Leadership with Purpose: Blair Effron, Co-Founder of Centerview Partners, Shares Insights on His Personal Journey, the Economy, and Future Work Prospects in Keynote Address
Blair Effron, Co-Founder of Centerview Partners, delivered a keynote address focusing on three main areas: his personal journey, the economy, and future work prospects.
Effron opened his speech by emphasizing the importance of majoring in a field that genuinely interests you. Having been a Business Today staffer himself, Effron, as an undergraduate at Princeton University, chose to major in History. He believes the most valuable outcomes of university studies are critical thinking and problem-solving skills, both of which are vital in any career path. As a senior at Princeton, facing uncertainty about his post-graduation career, Effron applied to law schools and other graduate programs. He ultimately chose to attend Columbia Business School, where he obtained his Masters of Business Administration (MBA).
Effron then shared insights from the decades following his graduation from Princeton. He advised conference attendees to adopt a broad approach in college and early career stages, gradually focusing on a more specific niche as they age. According to Effron, one's 20s should be spent building skill sets and creating options that provide agency in any chosen career path. In your 30s, he suggests, you should develop deep knowledge within your field. By your 40s, Effron asserts, you should have developed leadership skills in your area of expertise. For Effron, this period marked the founding of Centerview Partners.
He also stressed the importance of being actively engaged in civic duties and giving back. This approach, he argues, has a dual benefit: it builds a strong reputation, fostering career momentum as more people seek engagement with you, and it keeps you challenged and interested, preventing burnout. Effron himself contributes to various organizations, serving on the boards of the Council on Foreign Relations, the Lincoln Center for the Performing Arts, the Metropolitan Museum, New Visions for Public Schools, the Partnership for New York City, and Princeton University.
In the second part of his address, Effron provided an analysis of the economy, covering topics like technology/artificial intelligence, employment, consumer trends, government policies, and the impact of the COVID pandemic. He noted, for example, how modern technology allows for consumer price differentiation down to the zip code. His speech also included personal advice, such as the benefit of working in an office versus at home, especially in a post-COVID work environment. In the final segment of his address, Effron discussed his view that emerging technologies enhance human work rather than replace it. He concluded optimistically, suggesting that the students in attendance are entering the workforce at an opportune time within the current economic landscape.