PayPal CEO says investing in low-level employees will drive shareholder returns | | | FRI, NOV 13, 2020 | | | | TECH, TRANSFORMATION AND THE FUTURE OF WORK | | Think a friend or colleague should be getting this newsletter? Share this link with them to sign up.
"Happiness doesn't depend on who you are and what you have, it depends on what you think," Jewel shared (quoting Buddha) at our Workforce Executive Council Summit Thursday. This week has been an emotional rollercoaster, and Jewel may have moved a few team members to tears, but she shared inspirational insights needed to forge ahead with excitement for the future. She's bringing her work to find practical solutions to mental health challenges to companies. "We can solve actual pain points for people at work that can give them more bandwidth and be more productive while we're also doing the right thing," she says. You can watch the full interview with Becky Quick here. It also ends with a live (and spontaneous) vocal performance. It's a must watch.
Another highlight: Paypal President and CEO Dan Schulman has been one of the most outspoken CEO's on the business case for stakeholder capitalism. He's gone so far as to publicly declare that employees are the company's "most important stakeholder." He and PayPal Chief Business and Legal Officer Louise Pentland shared insights on how you can move your organization from good to great. The solution? Your employees. Watch this interview and others at cnbc.com/workforce-wire.
Have a great weekend. We hope to see some of you at Tuesday's Path Forward: Your Money Summit, featuring Suze Orman, New England Patriots' Brandon Copeland (who moonlights as a University of Pennsylvania professor), Winnie Sun and others. Goal is to get financial fit with NFL and finance all-stars, so join us. | Diversity and Inclusion: Turning Promises into Results | In 2020, Corporate America answered calls to address systemic racial inequity and injustice with money and pledges of long-term action. But for all the good intentions, initiatives and goals touted in press releases, a key question remains: How can HR and D&I leaders keep their organizations – up to and including the CEO & Board – invested and focused on delivery? For some answers, we'll look to Dr. Erika James, Dean of the Wharton School at the University of Pennsylvania. Not only is she the first African American and first female to hold this prestigious position, she's also an organizational psychologist by training whose scholarship has focused on leadership during crisis and diversity. | | |
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