Showing posts with label business. Show all posts
Showing posts with label business. Show all posts

9.28.2018

Women's Anger in September 2018

**Trigger warning: Assault is discussed in this post

I used to say about myself, "I am not a person who gets angry".

I used to be able to count on one hand the times in my life in which I had felt really really mad.

I used to say, "I'm just not an angry person".

I mean, an angry woman is NOT an attractive woman. Women should go with the flow, learn to take a joke, be cool. We are socialized to believe that if we express anger we are undesirable. Some of us are socialized to believe that if we express anger we will be harmed. After growing up in a house where annoyance could turn quickly to violence, I learned as an adult to be the person who could calm down a fight while somehow holding on to that part of me that needed to stand up for what I felt was right. I channeled that into being an advocate for those who needed it most, working in non-profit the beginning of my career and partnering with them since.

Over the past couple of years a number of things have made me feel something that could only be defined as anger, and that I have yet to successfully transfer to anything else.


My mother's sickness and death was likely an early starting point, but at that point I channeled everything into hurt - as I always had. Angry at your Mom for not handling things better? Nope - that's sadness that she's gone. Angry with the people who weren't there for you? Nope - that's empowerment to move forward on your own. Angry with the world for all the ways life hurts people? Nope - that's just grief. I never thought of it as anger.

Then came Trump. All of a sudden, so many of the things I was feeling were shared with many people around me. The world was outraged and it was safe to acknowledge that my sadness wasn't just sadness - it was rage. Experiencing collective fury with so many people who could express it so well allowed me to admit what I was really feeling.

The challenge with starting to feel comfortable acknowledging your anger is that you notice it more. You let it grow. If you're smart, you find ways to navigate it, like my previous attempts at calming it down or turning it into fuel for something good. But suddenly, I wasn't able to do that anymore. Now that I knew this was anger, I could no longer convert into something else. The tears that have always popped up for me when I'm mad could no longer be dismissed as sadness or being overly emotional. I stopped being able to pretend my feelings were something they weren't. And that alone was probably the hardest step for me. The feeling of actually sitting with any kind of resentment at all is so uncomfortable to me that I find myself in a panic. I need a way to resolve it.

A number of personal challenges have forced me to acknowledge that I do have anger that hasn't been resolved with my subconscious attempts to convert it to hurt anxiety, or empowerment. I, like everyone, work to deal with these things - through forgiveness, venting, focusing on the good - whatever I can. But now....

Now it's different.

Everything is different.

The women of the US are outraged. People all over the world are outraged. Yes, there are some things we can do, but is it enough to dissipate our anger? Does a rally make that much injustice go away? Even if I could quit my job and dedicate my entire life to helping, would the rage decrease? How do we sit with the anger we feel right now? I'm writing this because I don't know how to deal with how LIVID I am in this moment.

Last week I posted on #WhyIDidn'tReport in support of Dr. Blasey Ford. In response to that post, 9 people I know and love reached out to me privately to share their experiences of rape. I'd love to believe that's all of them, but we know better. As I watched a group of old white men question Dr. Ford, I scrolled through twitter to read people's comments. What I found reignited a rage in me that I don't know will ever dissipate.

A long time ago I was very close to a man who now has quite a few followers on social media due to his polarizing sports commentary. When I was raped at 17, this was the man who made me understand that it was rape. This was the man that threatened the life of my attacker. This was the man who encouraged me to report (which I didn't) and supported me through the times when I questioned my memory or my value or felt shame at what had happened. This was a good man. I know he's a good man.

We don't agree politically, and at some point during one of the campaigns I could no longer subject myself to things he was saying, but I honestly believed most of it was for show. When we talked, actually talked, we could always find SOME middle ground - even if unstable. Maybe I should have blocked him long ago, but I don't believe in only exposing yourself to one side. I believe it's good to have friends who challenge your beliefs.

During the testimony, though, my old friend's twitter was filled with hateful tweets about Dr. Ford. They ranged from calling her a lying manipulative person who was just trying to get famous to make money to blaming one of the other accusers for not coming forward about the drunken parties earlier. I thought I could talk to him. I told him how I remembered him being there for me, and how after that he could be so adamant that she's lying. His response was that I couldn't be objective because I was a woman who had been assaulted. He said the fact that I wasn't skeptical of Ford demonstrates that I'm not objective. He didn't care what I had to say.

Look - I understand his point. I understand that he's concerned that a woman can make a claim that could destroy a man's life. I really do get it.

But he was there with me. Telling me to report. Hearing all the reasons I couldn't, wouldn't. He KNOWS how hard it is for women. How could this man of all men believe what he believes?

And then I got to thinking. The guy who assaulted me was pretty high up in his company. What would I do if he ran for office? What would I do if I were in Dr. Ford's position? I don't know that I'd be as brave as she has been, but I did look him up. He has a facebook page. It's crazy to think that's surprising, but it is. The man who raped me has a facebook page, and I can look at it. The man who held me down and left bruises on my face, neck, and wrists has pictures of him with his big happy family. His boys are just a little younger than me. I wonder if they know? I wonder if they're like him? I'm angry that he gets to have a family and a facebook page. I'm angry at his smiling face.

Two weeks ago a man I worked with grabbed my thigh above my knee repeatedly in a meeting. I am 99% certain there was nothing sexual behind it - I think he was being parental - but it wasn't appropriate in a work setting. He did it multiple times, he left his hand there, and even after I turned away he adjusted his chair to do it again. To me, it felt condescending. To me, it felt like he was clearly telling me who was in power here. I brought it up to some coworkers so we could demonstrate to the men in the room how women have crazy choices to make and think about ALL THE TIME. Asking him not to do that would have repercussions. He'd already demonstrated that in other meetings after I'd challenged him. So I kept it in.

Today, after the hearings, after the bullshit my old friend said, I just wasn't up for handling anymore. After weeks of asking this person I work with to spell my name correctly (it's in my email address for goodness sake) and having him ignore it. After weeks of telling him the teams he's trying to align are not aligned and giving him information about it. After weeks of doing a big chunk of his job for him while he takes all the credit. He sends me an email end of day Friday saying, "all you've done is confuse things...we are not aligned". No solution, no options, just the accusation. And he spelled my name wrong.

I probably shouldn't have, but I called him immediately. He didn't answer, so I responded, and copied someone higher up on the chain I trust. I probably shouldn't have done that, either. But I'm tired of should haves. I was very diplomatic, told him I thought it would be more helpful to have a meeting to discuss where folks are not aligned rather than making a blanket statement that I've confused things. And I made the most drastic effort I could in this setting to show him I need him to hear me, to see me, to respect me:

He likes to call me Monica. My name is not Monica.

I signed my email just like this: MoniKa

So that's how I'm dealing with my anger. And writing to you lovely folks. Anyone have any better ideas? Because shit just got real. 


9.20.2017

the last time I flew to Hawaii



Three years ago I left these monkeys for the first time. I had adopted them in fall, had back surgery in March, and spent all of spring and summer in bed watching them. That is, when I wasn't in physical therapy. The trip would be a test. Was I ready to travel again? Could I do a hike? Could I dive? Maybe even surf? I had no idea. And these cuties were less than a year old when I left them on their own for 3 weeks. 

I had planned the trip because I was starting a new job at a new company, and I wanted to spend some time with my mom and get in a few beach days before I really put my head back into my career. I went home and had an amazing week with my mom, and then went to Kona with my best friend, and then to Kauai on my own. I even delayed my return a couple of days because I was so happy there. 

As I played with the kittens today before I left for Kauai once again, I thought about how much they've grown, and how far I've come. In my last job, I wouldn't have taken this trip. I wouldn't have felt like I was allowed to leave during a go-live, regardless of the circumstances. Any issues arising during testing (as they always do and definitely did this week) would have made me change my flight. Both my company's strong work-life balance and my priorities as I've matured helped this one along. I'm thankful for that change.

I'm also thankful that this time I won't be in Kauai alone. My friend is joining me so we can have some one on one adventure time before she starts a family. I'll cherish every moment.

I'll even be diving with the same folks that took me out last time. I can't wait to see more of this beautiful area.

One thing is a pretty big change, though. Last time I went, I went home first. My mom was mostly pretty healthy. We went to dinners, I took her to feed the lions and tigers at a local sanctuary, and we even found the old creek where she and my dad used to take me as a baby. It was on private property now, but that didn't stop us. That trip was the last time I saw my mom walk. It was the last time I saw her stand. It was the last time I saw her in her own home. It was the last time I saw her as the independent woman I knew her to be. 

Only three weeks into my new job, I got a phone call that pulled me out of my new company's big quarterly gathering, made me miss a close friend's wedding, and led me to take 12 weeks off of work over my first 6 months. My mom died in February, and it was at least this time that next year before I was even functional again. I didn't travel for quite some time. 

I used to travel a lot. First it was because I was lucky enough to have a partner who traveled and showed me that it was something worth prioritizing. And then because my work took me to exotic places. Long plane rides, getting through TSA, and status (oh how I miss my 100K!) were the norm. Last year I went to Mexico, but that doesn't seem like traveling, really. This year, though, I struck my travel bug again with my trip to South Africa, Namibia, and Germany. I grew in the three weeks I was away in a way you just can't when you're at home. 

And so right now, I sit in the airport lounge. My flight is delayed, but I love being here in the airport. There are fires and disasters with my client and even at my company that would normally have me so stressed out I wouldn't feel good about leaving. And I'm so extremely happy. 

I'm about to get on a plane to go to a place I know and I don't. I'll see some things I haven't seen before. I'll have some new adventures. And I'll do most of it with one of the people I love most in this world. 

I feel a little bad about leaving these adorable kittens at home. I feel pretty guilty about leaving my team when there are bugs that need to be fixed and people need a leader to guide them to launch. But what I know now is that any day, any time, no matter how much you plan for it, you can get a call that changes everything. As much as those of us who plan for a living want to plan, we can't plan for everything. There's no such thing as contingency in life. 

So I'm excited to get on that plane, even if it means handling a few disasters from the beach. As long as I can do it with a pina colada in hand while the waves splash against my feet.


3.12.2015

Capital One Handles Account Holder Death with Grace and Assurance

I know most of us think of credit card companies as awful - and I agree they often are. But today I encountered a human and surprisingly ethical side of Capital One that I had to share.

I called the bank to tell them that my mother had passed away, fully expecting them to ask me to pay the balance on her cards. Other debtors have already tried to push me into paying her debts, even though legally I'm personally not responsible for any of these financial obligations. I thought Capital One would be the worst. Obviously I was wrong or I wouldn't be writing this post.

First of all, they have a dedicated line that when you call, they know you have lost someone. Meaning - that person on the other end is prepared for what you are dealing with and knows how to handle it right away. The first thing she said to me was that she was sorry for my loss and she wanted to make the process as simple as possible - before I even told her why I was calling. They don't require a death certificate, which makes things so much easier, and the process wrapped up in about 2 minutes. The other 3-5 minutes or so were the representative expressing her condolences, and then the thing that surprised me:

Rather than trying to get me to pay, the representative firmly stated that I am not responsible for the balance. Only the estate, if there is an estate, is responsible, and I should not make any payments to any creditors holding accounts in my mother's name. She reiterated this several times.

I knew this already, but I thought I was going to have to be the one defending that. I was so surprised that someone representing a large bank would be so adamant about my rights.

So thank you, Capital One, for making this easier. And for making sure you're not exploiting grieving families.


9.12.2014

Subtext to every request to be CC'd

From a friend's experience with her consultant:

"When you send the brief to the client, can you CC me . . . so I can see how you twist my words?"

 

5.31.2014

Your Argument is Invalid

Sometimes at work when someone is asking for something I don't want to do, I feel like busting out with, "I just had back surgery!"


3.06.2014

how my suppliers think of me

It's not often that you get unsolicited feedback from people you manage. For the past 2 years I've been on a project in which I managed supplier teams through a major transformation. At times my personality came through and I served as their ally, but my job was to make a lot of demands on them and make sure they met commitments. In fact, my client feedback after 3 weeks on the project was that I need to be a more of a bitch.

Despite that, the person at the supplier who was my primary contact just sent me a touching thank you email. My favorite favorite part, that I think tells so much about me:

"[You were] always asking for more, sometimes difficult but never impossible."

This just makes me smile. I'm so thankful for this.

3.04.2014

Back in the Office

Today was my first and last day back in the office for awhile.

It was the first day back in person since the week before my surgery.
Definitely a little overwhelming. Super productive and reminded me that I am a valuable professional who doesn't just lie around watching cats and bad tv all day. But sitting so long - both in the car and in the conference room - was definitely painful. I should have had someone take a picture, but I definitely was lying on the floor working for an hour or so in the afternoon. The Deloitte guys told me they were going to find a couch to bring in until I told them it was my last day.

Onto that...

It was also my last day on site for this project.
I've been on this project almost two years. That's a long time to just let go so unceremoniously. A lot of people expressed surprise/frustration that I wasn't having some kind of going away shindig. Fact is, it happened last Tuesday, but I was busy recovering from the surgery because it had to be pushed up when I couldn't move. The plus side of this is that I felt incredibly loved every time I told someone it was my last day and watched their face fall. I'm so thankful for this amazing team and am seriously sad to leave. It is possible I even got a little teary eyed when my suppliers thanked me.

And now, sleep after this long lovely day before a couple more weeks of rest.


1.29.2014

There, I Fixed It

My client gave me a terrible powerpoint format to work in the other day, but I did the best I could. In slideshow format, the various pieces show up with each click so you can walk through it in a presentation:




Apparently, they were really attached to the idea of bright shapes and curvy overlaps, because this is what they came back with:




I sometimes wonder why I even bother.

1.06.2012

TGIF - Chaotic Communication

I left Hawaii on Wednesday and had a 2 hour layover in Honolulu. I stopped in at Gordon Biersch for a sandwich and had a bit of difficulty getting my order across. The exchange went something like this (edited for grammatic understandability):

Me: "I'd like the Kalua pork sandwich, please."

Bartender chic with thick accent: "French fries or coleslaw?"

Me: "coleslaw."
Me: "Actually, can I get a side of fries, too, please?"

Bartender: "You can't have a side of fries. You can have a side of coleslaw."

"I can't get a side of fries?"

"No, just coleslaw."

"Okay, can I have fries with my sandwich then, and an extra side of coleslaw?"

"No. We don't do fries because garlic fries are an appetizer."

"I don't want garlic fries."

"You can't do a side of garlic fries."

"I don't want garlic fries. I want regular fries."

"We don't have a side of garlic fries because we have the appetizer."

"I don't want garlic fries."

"You can't have garlic fries on the side."

"I don't want garlic fries. I want coleslaw and regular fries."

"We don't do fries, just coleslaw."

"Didn't you just ask me if I wanted fries or coleslaw with my sandwich?"

"Yes, with your sandwich."

"Okay, so can I get fries with my sandwich?"

"Yes, okay."

"And can I get an extra side of coleslaw?"

"Yes."

"Okay, thanks. I'd like a Kalua pork sandwich with fries, plus an extra side of coleslaw."

"You can't do garlic fries."

"I don't want garlic fries, can I have regular fries?"

"We don't do sides of garlic fries because we have the appetizer."

"You are making this so complicated. I want a Kalua pork sandwich with regular fries as a side. Ok?"

"Ok."

"I would also like to add a side of coleslaw. Ok?"

"Ok."

"Ok. Thanks."

She goes to the computer and inputs the order. I get scared that she'll spit in my food. Next time she walks by I say, "Thanks for taking care of that, I know it was confusing."

"Ok. You're welcome."

Smiling, I say, "Don't want to have garlic breath on the plane, you know?"

"Oh. Yes." As she jumps over the computer and changes my order.

*sigh*

That is exactly how I felt in every conversation at work today.

TGIF

3.05.2010

Witty Irishmen

I had the incredible opportunity last night to hear Rory O'Driscoll of Scale Ventures speak about the venture capital industry. Phenomenal speaker. The man is effing brilliant -- he kept throwing out references to macroeconomic concepts in relation to his work and he always had a couple of answers to each question depending on how you looked at the issue.

A couple of gems stuck with me:

"Relying on people to do the right thing for other people is not a scaleable process."

"You don't need to cap your upside going in. Life will cap your upside for you."

"You know I'm not lying now because we're talking with money."

Brilliant Man.

4.23.2009

Bad Business Models

CitiApartments is losing a ton of buildings to foreclosure. What's interesting to me, though, is that the reasons resemble the same reasons a ponzi scheme eventually fails. San Francisco Tenants Union reports:
The, notoriously bad landlord CitiApartments seems to be in deep financial trouble. The CitiApartments business model was based on forcing out long-term tenants paying affordable rents and replacing them with market-rent paying tenants. This strategy failed as tenants organized and refused to be intimidated from their homes. Their main strategy was tenant harassment coupled with buyout offers. Tenants should be aware that CitiApartments has now reneged on numerous such buyouts, refusing to pay after tenants had moved.
In my experience, Citi's model is dependent upon tenants in rent-controlled units accepting payouts to move out of their units, allowing Citi to bring in new renters at much higher prices. We've received many offers from Citi for moving costs, free rent in a new building, and returned deposits, but we were holding out in hopes of them offering more (and because we LOVE our apartment). I've heard stories of people who've been able to get $10-20,ooo just to move out because they had entered into their lease at a low point, and the sum was not much for Citi when considering long-term revenue increases. They use the profits to purchase more buildings and remodel units to charge higher prices. Citi owns a seriously large portion of the rentable units in San Francisco.

This seemed like a decent model. Until, of course, people stopped paying higher rents. All of a sudden, Citi had to compete on price, rather than total property domination. Rather than moving tenants out, Citi needs them to stay at their current rent prices. No more consistent income increases means Citi has to rely on its actual business, and we can see that's not working. The SF Tenant's Union has published lists of the foreclosed properties. Ours isn't on it yet, but one of the buildings in our little community is. Could be interesting.

4.22.2009

Veitch Zingers #1

My macro prof has a habit of making strange analogies and trying to use humor to demonstrate his points. Sometimes he goes so far with the humor that the point doesn't make sense, usually with amusing results. Some from tonight:

"You wanna see a loser? Look in the mirror!"

"You don't have to be the best at anything, and you can still succeed."

"[Adjusting interest rates to fix the foreign exchange rate] is like using a sledgehammer to beat a splinter out of my toe. I might get rid of the splinter, but there will be a lot of collateral damage."

"There's always a place where you can make the trade. Where did I find it? Behind the hotel last night."

3.02.2009

Getting What I Can For My Money

Operations is not a class that leads to a ton of "aha!" moments. I really enjoyed this quote today from our prof's foray into explaining CSR.

Sustainability:
Transforming our ways of living to maximize the chances that environmental and social conditions will indefinitely support human security, well-being, and health.
~McMichael, Butler, Folke; Science, 2003

2.19.2009

Finally!

California Senate Passes Budget

The Senate had been one GOP vote short until Sen. Abel Maldonado, R-Santa Maria (Santa Barbara County), changed his mind to support the budget plan, but only after Schwarzenegger and legislative leaders agreed to his demands.

"I know there will be dire political ramifications for me, but I know the ramifications for the people of California would be more dire (without this budget)," said Maldonado. "This budget is about shared pain and shared sacrifices."

Glad you finally figured that one out, Maldonado - everyone else came to that conclusion, oh, about 4 days ago - BEFORE the deadline. Thanks for your sacrifice.

What's even crazier, though, is that I agree with ONE of Maldonado's demands:

Maldonado's demands included the removal of a proposed 12 cents a gallon gasoline tax, suspending hikes in pay and per diems for lawmakers when the state is facing budget deficits, and a ballot measure in June 2010 that asks voters whether they want open primaries.

A 12 cent/gallon gasoline tax? Now? Right - because that doesn't hit the families that need the most help or anything. Historically, particularly in California (except for the Bay Area), the people in the most dire circumstances are the people who have to drive the farthest. That's because they can't afford to live in the cities, so they live farther out and have to cross longer distances to find work. So increasing the gas tax almost immediately hits the people who are already struggling the most. I can't believe the democrats supported that one. I mean - 2 or 3 cents maybe, but 12 cents?!?

But Maldonado's other demands? NOT suspending hikes in pay during budget deficits? If a public company is in bad shape, employees don't get raises. Why should it be different for lawmakers? Might actually get them to work to close the budget deficit. But Maldonado doesn't want to have to come up with solutions in order to get a raise. What I will agree to, though, is that this really shouldn't have been tacked on to the budget in the first place. This isn't part of the budget, so why does it matter in face of the deadline? Same thing with the primaries. I don't really understand everything behind it at this point - I know it's a big deal - but why does it need to be tacked on to the budget?

So anyway, I'm actually kinda happy with the results of the delay. Craziness.

Regarding the original budget plan, I do have to comment on the sales tax increase. This doesn't help the economy. I propose a plan more like some other states (Minnesota comes to mine), with sales tax eliminated on necessities (food, school supplies, children's clothing). Then maybe we could increase the sales tax more on other items. Perhaps you just do a moratorium for a year, which would boost the economy by encouraging people to buy more of those necessities now while there is no sales tax on those items. At the very least, we shouldn't be increasing the sales tax on food. How is that helpful at all? People will just be able to afford less, which means food banks will have more demand, which means the government will have to provide more in food stamps and aid. Not smart people.

Wouldn't it be nice if we could get our officials to think past the next election?

12.17.2008

Diane Vadino Can Kiss My Rump

Diane Vadino wrote a terrible review of 8 cities one shouldn't live, but should visit.

San Francisco: Do not try this for home
San Francisco seduces, to be sure. Walk certain streets — up crowded, curving Lombard, along Union to Coit Tower, from Cole Valley to Twin Peaks — and every intersection reveals a picture-postcard view: of two iconic bridges, pinpoints of light flickering across the bay, of golden sunshine filtering through stands of eucalyptus trees.

Other neighborhoods, though, reveal images more police-blotter than tourism-brochure: a staggering homeless population, rampant open-air drug use, public parks and buses made intimidating and unsafe by unruly combinations of both. To live in San Francisco is to daily confront these issues — and probably from under a dense bank of fog. (The climate's as much London as it is L.A.)

By all means: Come. Dress warmly. Climb Twin Peaks. Visit SF MOMA, the new DeYoung, and the Legion of Honor, three world-class art museums. Shop Hayes Valley and Valencia Street; get brunch at Tartine, lunch at the Dolores Park Café, snacks at Bi-Rite, and dinner at Delfina. (This can be accomplished without leaving one short stretch of 18th Street, quite possibly the world's most densely packed row of organic and locally produced deliciousness.)

Rent a car on a nice day and drive across the Golden Gate to Point Reyes National Seashore for scenery that suggests an impossibly sunny Scotland. And then, go home, safe in the knowledge that San Francisco puts on its best face for its guests. Leave the hard work of citizenship to the locals.
- Diane Vadino

She thinks one shouldn't live in SF, partly because of rampant open air drug use. Are they still calling pot smoking open air drug use? Someone shoudl let her in on a little secret: the neighborhoods she refers to as "other neighborhoods" are not places locals go to unless they WANT to, and the "unruly combinations" of people making bus lines unsafe are on the bus lines that go to those other neighborhoods that locals only use if they WANT to.

Screw you, Ms. Vadino. Go live happily in your hole in the middle of Nebraska and leave us all the heck alone.

7.15.2008

And my goal is still top 10%

I must be nuts.

Haas School of Business was ranked #1 in the US in Corporate Social Responsibility by the Financial Times. #2 by the Wall Street Journal.

But then again, it seems maybe I picked the right field:

Berkeley CA - The Haas School was ranked #1 in corporate social responsibility in the Financial Times Global MBA 2008 Rankings of full-time MBA programs published on January 28. This is the first time in the seven years of the annual survey the top ten programs by academic discipline were identified. Inclusion of corporate social responsibility (CSR) on the FT's top academic discipline list signifies its rapidly growing visibility and importance in the business world.

“We have been fortunate to receive some great recognition for our Center. This FT rating catapults us out into the global CSR-leadership stage and makes us more proud than ever of the Center's faculty, staff, and, most importantly, our Haas MBA students – who have continued to drive us forward with their intense desire to use the power of business to make a better world," said Kellie McElhaney, executive director and professor at the Haas School's Center for Responsible Business.

Coupled with the recent #2 ranking in CSR by The Wall Street Journal for the second consecutive year, the Haas School is leading business education in CSR teaching, research, and experiential learning opportunities for students, which is offered through the Center for Responsible Business. The Center works closely with a host of companies - including Gap Inc., Hewlett-Packard, McDonald's, Intel, eBay, and Levi Strauss - on strategic consulting engagements, research projects, case competitions, and fellowship opportunities.

Adds McElhaney, “We are honored that a reputable global publication such as the Financial Times now counts corporate social responsibility among its substantive fields of recognition within MBA rankings, solidifying its place among good business strategy.”

The trend article, "Making an impact", which focused on career opportunities in CSR and sustainability, also acccompanied the rankings. The article highlighted the increasing number of MBA graduates who are looking for jobs that exhibit at least an element of corporate social responsibility. The trend – a 37 per cent increase per year in the number of postings for CSR jobs since 2004 – is reflected in recent research by Net Impact and Ellen Weinreb CSR Recruiting, both based in the US.

6.24.2008

Time to VOTE!

Make sure to vote for your favorite Bay Area finds at San Francisco Bay Guardian's Best of the Bay Reader's Poll. Personally, I know I will be voting for long stretches of sun and warmth as my favorite new weather phenomenon.

Now get to it!

7.05.2007

And On That Note...

Some of the greatest marketing plans I've come across recently--

Leukemia & Lymphoma Society:
The Man & Woman of the Year Competition actually pits candidates for the title against each other in fundraising endeavors. They each throw events that raise money for the cause, and each dollar raised counts as a vote for the candidate. Not only does this raise funds efficiently (volunteers are doing all of the event planning), but it also ensures that the name of the organization is CONSTANTLY in the papers, on calendars, and on everyone's minds.

PerfectMatch.com:
Okay, so this may not have actually been a marketing ploy by perfectmatch.com, but it sure seems like it. The Science of Love aired last week as a one-hour dating show highlighting instinct versus science. The contestant, Adam, chose one girl for himself, and the other date was chosen by "science". The date with science was engineered to produce a love response (romantic settings, scary feats, etc.), and Adam absolutely chose the science date. The idea was that science can pick our dates better than we can, so we should trust it more. Thus, perfectmatch.com is a great choice. Regardless, this was a brilliant plan to get people to switch over after having failed at match.com and such.

Nikon:
Georgetown, SC, recently became Picturetown when Nikon offered residents 200 of their new D40s to demonstrate that ANYONE can produce a great picture with this camera. Seemingly generous, small-town, homey, and GENIUS! I even want one now. And I was holding out for an SLR. (Man I'm glad I didn't get into photography...if everyone can do it how would I make money? :))

4.12.2007

My Invitation Must Have Been Lost in the Mail

The Global Philanthropy Forum is taking place at Google this week. I so want to be there!!! Just to meet some of the people mentioned in the San Jose Mercury News article. Even Judith Rodin, the CEO of Rockefeller Foundation, is jumping on the capitalist philanthropy model! I want in!

Some basics:

Philanthrocapitalism'

They invest in social causes as they would the stock market or a start-up, but the return is measured not only in financial viability but also what impact the initiative has in solving global problems. The new hybrid model has been dubbed "philanthrocapitalism" and its practitioners "philanthroprenuers."

The 1/1/1 model

Marc Benioff, founder of Salesforce.com and the Salesforce Foundation, created a model for corporate philanthropy known as the 1/1/1 model. His company donates 1 percent of its employees' time, 1 percent of its equity, and 1 percent of its product to philanthropic endeavors. Google has copied Benioff's 1 percent commitment formula.

Profit from benefit

Yet others see a new era dawning.

"Google exemplifies this emerging blur between for-profit and non-profit," said Peter Hero, an adviser to the Silicon Valley Community Foundation. "It gives them an ability to invest in a for-profit entity that doubles or triples the bottom line, provides a financial return but also a significant social and environmental return."

The guiding theme of the Global Philanthropy Forum meeting this week is to explore market-based solutions and encourage entrepreneurship. Instead of funding a medical clinic, that might mean investing in a biotech company for a new vaccine.

1.17.2007

Investments: Good or Profit?

In Life of Pi, a character states that "...the Greater Good and the Greater Profit are not compatible aims...". Bill Gates has seemingly found a compromise by achieving greater profit for his company and working toward greater good with his personal foundation. The recent issues regarding the foundation's investment choices, however, call into question this compromise.

An article in the Financial Times last week went so far as to say that the Bill and Melinda Gates Foundation "snubbed" the whole movement of socially responsible investing in their philosophical statement posted on their website.

Bill Gates, the world’s richest man, on Friday delivered a snub to the ethical investment movement by saying his foundation should concentrate on grant giving, rather than judging the social impact of businesses in which it invests.

In a statement on its website, the Bill & Melinda Gates Foundation, the world’s largest philanthropic body with $35bn in assets, ruled out screening companies in which it invested based on factors such as their environmental record or lending policies.

I believe the FT article goes a bit far in its interpretation of the statement, but it does raise a major question: Can ethical investing lead to good returns, or does it intrinsically lead to lower returns than investing without consideration of ethical factors? Can the greater good and the greater profit coexist?

This is a question Pete and I have addressed several times. He owns stock in Mobil. Should we at some point get married, I would then own stock in Mobil. This is a question for me. The first part of the question is whether Mobil is even actually an ethically questionable investment. It may very well not be for me, and I would need to do a great deal of more research before determining that for myself. For the sake of argument, however, let's assume that this stock is bad. When it then becomes shared stock, do I ask Pete to sell and invest in something that makes me feel all warm and fuzzy? This stock put him through college. This stock might just sustain him (or us) in retirement. Do we give up that return to be better people? Do we have to give up a return at all? Investment experts are all over the place on this issue. The Financial Times quotes two with very different opinions:

The official [of the Gates Foundation] said: “We focus our energies on the investments we can make through our programmatic work, because that is how we can have a direct and dramatic impact that will improve people’s lives.”

Penny Shepherd, chief executive of the UK Social Investment Forum, said: “This is a rather out-dated perspective. The evidence is that you can invest responsibly without damaging your financial returns.”

However, Danny Truell, chief investment officer at the Wellcome Trust, the UK’s largest medical charity with a £14bn endowment, endorsed the Gates’ approach, arguing that focusing on ethical investment would sharply limit returns.

And even if ethical investments do limit returns, shouldn't we do it anyway? I'm not sure how I feel about the average joe's investments, but Bill Gates is THE leading examble of charitable giving in our time. I feel very strongly that Gates, as this role model to the rest of the world, SHOULD be making socially responsible investments. I think people in his position have to make a compromise. Perhaps the returns are somewhat lower, but is that really going to hurt the charities? In my January 8th post, I quoted an LA Times article that stated that Gate's giving in the Niger Delta was less than half of his investments in companies that contribute to the pollution and other problems that affect the people in the same region. So how do we solve this dilemma?

This time around, it seems we're not getting the answer from Gates.