Business

Prime Minister announces support for women entrepreneurs in developing countries

Women entrepreneurs in developing countries are creating jobs, advancing gender equality, and helping build economies that work for everyone. Despite the vital role they play, women entrepreneurs often face major obstacles to financing and growing their businesses. These obstacles include limited options for loans and capital, financial services not tailored to their specific needs, and

2017-07-11T07:16:32+00:00 Tags: |

This is the Current State of the American Workplace

The world of work is changing pretty rapidly, but one thing has been pretty consistent over the past few years: Workers are feeling optimistic about their prospects. The U.S. economy keeps adding jobs at a healthy clip and unemployment remains at pre-Recession lows, making this a jobseekers’ market. Here’s a look at the current state of the American workplace:

‘Future of Impact’ requires investment, philanthropy — and business as a force for good

The world of impact is large and contains multitudes: people working in diverse fields and organizations, ranging from nonprofits to foundations to impact investing funds, to government agencies to companies and financial institutions. For the 10th anniversary of Liquidnet For Good, the corporate impact program I run for the global fintech company Liquidnet, we didn’t want to

These Companies Just Proposed a Carbon Tax to Reduce CO2 Emissions

Today, the Climate Leadership Council (CLC) proposed a federal “carbon tax” to Congress.  In partnership with the World Resources Institute (WRI), the CLC said the proposal offers a bipartisan, market-approved approach toward reducing carbon emissions that will boost the economy rather than harm it. Advocates have long said a carbon tax is essential to ensuring

The Other Capital in Impact Investing: Why Human Capital May Matter More than Money

Impact investing, in the words of Mugatu, is “so hot right now.” More than $15 billion a year is flowing into impact investment, fueled by a growing appreciation for the ways business and market-based mechanisms can drive positive change in the world. This is great news! I’ve been working in the social enterprise world for more than

2017-06-25T23:53:10+00:00 Tags: , |

Harvard Business School gets blamed for income inequality

If the same extended family produced Ted Bundy, Jeffrey Dahmer, and Charles Manson, at some point it would probably be worth asking, "Hey, do we really know what we're doing here? Cousins Randy, Billy, and John turned out okay, but remember cousin Jeff? He kept a dude's head inside of his fridge. And Charlie? That

Is Socially Responsible Capitalism Losing?

When companies prize investors above all, they’ll do anything to increase their stock price, and that’s not good for workers. In December, 2015, a new startup called Juno entered the ride-hailing market in New York City with a simple proposition: it was going to treat its drivers better than its competitors, notably Uber, did theirs—and

150 Executives Commit to Fostering Diversity and Inclusion

A new initiative will have executives at companies like PricewaterhouseCoopers and Procter & Gamble share how to promote open discussion among employees. Tim Ryan had been the United States chairman of PricewaterhouseCoopers for about a week last year when five police officers in Dallas were killed by a sniper during a protest over police shootings

IBM turns to artificial intelligence to solve poverty, hunger, and illiteracy

On Wednesday, the tech giant announced the launch of Science for Social Good, a new program that partners IBM researchers with postdoctoral academic fellows and nonprofits to take on societal issues through data. With the new initiative, IBM announced 12 projects planned for 2017. Each Science for Social Good project aligns with one or more

Development is not a science and cannot be measured.

The obsession with measuring it is paralysing aid workers, there is no way to fully understand the impact of development. I would wager that, at any given moment, the majority of aid workers in the world are doing the exact same thing. We like to imagine aid workers out in the field, but that’s not

The potential and limits of the fintech revolution in emerging markets

Microfinance was long been seen as the silver bullet for poverty alleviation. Over the years, we have learned that it has limitations, but it’s still one of the most powerful tools for financial inclusion. Now, financial technology, or fintech, promises us another revolution, one that could potentially reach millions more through nano-savings and credit delivered

How the Meaning of Digital Transformation Has Evolved

Think back to 2007. A young U.S. senator named Barack Obama announced his candidacy for president. The housing bubble started to burst. Apple released the first iPhone. It wasn’t long ago and, yet, in technology terms, it’s almost an eternity — ride- or hotel-sharing companies didn’t exist yet and the first generation of social media

Struggling with different work identities? Your work may suffer

COLUMBUS, Ohio – Few people are just one person at work. You may be both a manager and an employee. Or you may be a salesperson who represents two very different brands. Now a new study suggests that how you juggle those different work identities may affect your job performance. Employees who believe their different

2017-05-30T05:58:52+00:00 Tags: |

Personality Factors Are Best Defense Against Losing Your Job to a Robot

Worried robots will take your job? Researchers say people who are more intelligent and who showed an interest in the arts and sciences during high school are less likely to fall victim to automation. Later educational attainment mattered, but researchers said the findings highlight the importance of personality traits, intelligence and vocational interests in determining

2017-05-30T05:53:19+00:00 Tags: |

The European Society of Human Genetics condemns move to impose obligatory genetic testing for employees in the USA

A Bill that would allow companies to require employees to undergo genetic testing and disclose the results to their employers, or risk having to make health insurance payments of thousands of dollars extra, was recently approved by the US House of Representatives Committee on Education and the Workforce, with all 22 Republicans supporting it and

2017-05-27T07:28:26+00:00 Tags: |

Change at Work Linked to Employee Stress, Distrust and Intent to Quit, New Survey Finds

At a time of change and uncertainty across the country, American adults who have been affected by change at work are more likely to report chronic work stress, less likely to trust their employer and more likely to say they plan to leave the organization within the next year compared with those who haven’t been

2017-05-27T07:19:26+00:00 Tags: |

A living wage for garment workers without higher prices for shoppers

Here’s a novel idea: What if giant fashion brands didn’t derive a profit from pay increases for the underpaid workers making their clothes that are meant purely to bring their incomes up to a living wage? That radical notion appears in a new joint report by the Boston Consulting Group and Global Fashion Agenda, a

2017-05-23T02:14:45+00:00 Tags: , |

Why Globalcreate?

  From Trump pushing to change NAFTA, to the British electorate and their hobbling Brexit, to the tide of Islamophobia across the West, there’s one underlying commonality. The thread linking these diverse phenomena is a fear of losing one’s way of life to globalization. We are the most globalized generation in history, and every day we are

2017-05-22T04:08:45+00:00 Tags: , |