Posts tagged #smallbusiness
Lesson from Benefit Corporations: Diversity is More than Affirmative Action

Throughout the 20th century, businesses appeared homogenized. But as time passed, huge changes have occurred in our workforce and businesses. The people inside today's companies resemble nothing like those employees just a few short decades ago.  

The most obvious difference: You will find greater gender and ethnic diversity across most industries.

What might not be so obvious is that diversity is a major contributing factor for business growth and success. In a recent study conducted by McKinsey Group...

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Now Even Investment Firm BlackRock Favors the Philosophy of Benefit Corporations

The movement is growing.  It started as a grassroots effort with small and mid-size companies, but this business model of contributing to the greater good is catching on with more influential supporters including, yes, Corporate America.

Last week, a New York Times article reported that “Laurence D. Fink, founder and chief executive of the investment firm BlackRock, is going to inform business leaders that their companies need to do more than make profits — they need to contribute to society as well if they want to receive the support and backing of BlackRock.”

Yes, you read that correctly...

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