Old Boy Network (Noun)
Meaning
An exclusive informal network linking members of a social class or profession or organization in order to provide connections and information and favors (especially in business or politics); "professional women have developed an old boy network of their own".
Classification
Nouns denoting groupings of people or objects.
Examples
- The old boy network was instrumental in helping John land a senior position at the prestigious investment firm.
- Many critics argue that the old boy network has hindered the advancement of women in male-dominated industries.
- Networking events are crucial in establishing an old boy network, especially in industries where who you know is just as important as what you know.
- In recent years, some have argued that an 'old girl' network is emerging to challenge the long-standing old boy network in the financial sector.
- It is far too easy for an old boy network to perpetuate poor corporate governance through backdoor deals and loyalty to old friends.