WORC (Workforce & Organizational Research Center)

"When job churn is built into your business model, you are undermining your DEI strategy."  Read the argument Michelle Wilson, Ed.D of National Fund for Workforce Solutions and I make in our new article, "Not Meeting Your DEI Goals? Maybe It’s Your Lousy Jobs." We explain why frontline jobs are integral to meeting equity and inclusion objectives and discuss evidence-based solutions to help organizations reach their DEI goals via frontline job quality improvement.  Read it here:  #DEI #JobQuality #GoodJobs #FutureOfWork

"To #business leaders...social capital is just as vital as financial capital. American companies and the U.S. economy are now the envy of the world, but that prosperity—unparalleled in world history—is dependent upon the societal trust, cohesion, and collegiality that have long enabled the American #economy. It is clear to us that Harris is the candidate who will best safeguard the continued prosperity, growth, and success of the American economy, companies, and workers." Tagging some of the former CEOs that signed this endorsement letter: Doug Parker Kenneth C. Frazier Reid Hoffman Kenneth I. Chenault Matt Levatich Kay Koplovitz Blake Irving Ellen Kullman Douglas Conant "🇺🇸 I'm with her as a fiscal conservative. According to the Committee for Responsible Federal Spending, her plan has been scored as having a deficit that halves the deficit of the other candidate. 🇺🇸 I'm with her as a capitalist who is conscious of what her ideas will do to our pocketbooks. As 23 Nobel Prize-winning economists have shared, she has a stronger economic plan than the other candidate. 🇺🇸 I'm with her because I'm pro-middle class. If Harris loses, I fear what would happen to everyday folks if faced with the inflationary crisis predicted by Bloomberg Economics plan models. 🇺🇸 I'm with her because I'm terrified for those who rely on Social Security, whose benefits would be slashed by 33% within 6 years with the other candidate's plan, according to the Committee for Responsible Federal Spending." Brian Page "When it comes to policy and personal integrity, the contrast could not be clearer....She is determined to lead our nation forward, and she understands that the only way to do that is by bringing people back together." Mike Bloomberg "She wants to help small-business start-ups by increasing tax deductions from $5,000 to $50,000. Her tax plan would lower taxes for 95% of Americans while those at the very top would pay more. Voters must decide what kind of country they want for themselves and future generations. Every vote matters!" The Philadelphia Inquirer She is the only candidate in #FounderMode" - Mark Cuban #entrepreneurship #innovation #investing #leadership #money #CultureOfMoney *Sources will be added to comment thread shortly.

"I believe America's small businesses are an essential foundation to our entire #economy. 00:10 Small businesses in our country employ 1/2 of all private sector workers, half of all private sector workers own or run a #smallbusiness or work for a small business. 00:22 They do trillions of dollars of business every year. 00:26 They generate revenue that helps repair our roads and pay our teachers. 00:32 And you know, for all of those who are or know of small business owners, the thing I love about you is that you're not only leaders in #business, you are civic leaders, you are #community leaders, you are mentors." in NH Today. Transcript from video below. Janece Matsko thank you for sharing this clip in the Founders for Kamala slack channel! "It's no surprise that 'Goldman Sachs sees biggest boost to US economy from Harris win', forecasting higher overall economic AND job growth under a Harris/Walz Administration." JB Holston "As an early stage VC, I have a keen interest in policies that foster #innovation, new business starts, and business growth. Under the Biden-Harris administration, there has been a record number of new businesses started (19 million!). VP Harris has set a goal of exceeding that record in her first term, aiming to foster 25 million new business applications. But beyond getting started, new businesses need environments and opportunities that are conducive to growth. And that’s exactly what VP Harris has in store. Her plan? > Expand the small business tax deduction for startup expenses > Cut the red tape required to start a business > Establish a small business expansion fund  > Devote 1/3 of federal contract dollars to these businesses" Dahna Goldstein "We don't tend to think of '#founders' as small businesses, but that's exactly what they (wait, WE! I'm one, too!) are. Small businesses are like the middle class of our economy--they're 99% of businesses, responsible for 2/3 of the jobs created, and the backbone of the global economy, and yet they're squeezed and under-appreciated at every turn. Let's make it easier to grow our economy from the bottom up (because as we're all finally learning, trickle-down doesn't work)." Molly Wood with repost on Roy E. Bahat. 🥇 SIGN & share the pledge to vote and volunteer with the Founders for Kamala coalition of small business owners, entrepreneurs & founders here: https://lnkd.in/gCV4U5Y9 #leadership #entreprenuership #jobs #money #cultureofmoney

Human capital management in PE value creation? It’s all about the C-suite—until it isn’t.   That’s the big finding in our brand-new original research, conducted with support from the Ford Foundation Mission Investments team.   Conventional wisdom is that, as a strategy to maximize enterprise value, large PE firms focus human capital management efforts at the top of the org chart—and our research validated that. But as we dug deeper, we kept hearing, “Well, there was this one deal….” We studied 7 large (AUM >$5B) private equity firms, including BlackRock Impact Opportunities Fund and TPG, and found that when lower-level workers play a *clear* and essential role in executing the value creation strategy for a particular deal, large private equity firms will dedicate resources to the bottom of the org chart. And when they do, they get better business results.  Check out our report for snapshots from the front line in PE deals.   Done right, research leads to new questions—these are ours: ► What are the missed opportunities for value creation when deal teams don’t engage the bottom of the org chart? ► Do PE deal teams have what they need to leverage human capital below the C-suite to drive enterprise value?    WORC (Workforce & Organizational Research Center) is grateful to all the fund managers, human capital operating partners, investment team members, and others who were so generous with their time and insights. A huge thanks to Margot Brandenburg and Abeda Iqbal for their encouragement and thought partnership throughout.   Read the full report here: https://lnkd.in/g56D8snC cc: Roy Swan #PE #JobQuality #FrontlineWorkers #ValueCreation #WORCAction

I am so insanely proud of Chassa Pratt!! She is not only WORC (Workforce & Organizational Research Center)'s inaugural WORC & Learn Undergraduate Fellow (our internship program with nonprofit Evanston Scholars), not only a soon-to-be graduate of the University of Illinois Urbana-Champaign, not only an incoming-Master's of Social Work student at same, she is a recipient (again!) of the Warren "Billy" Cherry Scholarship! I became Chassa's mentor when she was 16 and I'm truly beside myself with admiration for everything she's accomplished. I'm the catcher behind the plate, Chassa BRINGS THE HEAT!!

Learn how Paradise Tomato Kitchens was able to reduce employee turnover by engaging their workers thoughtfully and meaningfully to make substantive changes that benefitted workers and the business alike. https://lnkd.in/ejcSpEWz

And just like that ... WORC (Workforce & Organizational Research Center) is three years old! A huge thank you to everyone who has contributed to our jam-packed 3rd year - we are so looking forward to moving into our 4th with you all! #WORCiversary #3rdYear #ThankYou