How Diversity Drives Performance in Corporate America
For far too long, much of corporate America has treated diversity as another exercise, disregarding its transformative power to change anachronistic organizations into vibrant enterprises.
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For far too long, much of corporate America has treated diversity as another exercise, disregarding its transformative power to change anachronistic organizations into vibrant enterprises.
Business accelerators offer similar assistance and services, but tend to provide an intense, shorter experience—a boot camp—to help startups launch faster. Some have angel investors and venture capitalists supporting the program in hopes of financing the next Google or Facebook. The best known are Y Combinator in California, TechStars in Colorado (also Boston, New York, and Seattle), and Capital Factory in Texas.
Psychology professor Gail Matthews from Dominican University in California, heard about an often cited study from Yale Business School.
Last week investors bore witness to JP Morgan Chase & Co.’s shocking and historic $2 a share fire-sale offer for Bear Stearns (the ante was raised to $10 a share Monday) and the government’s $30 billion bailout of the longstanding investment bank. The Federal Reserve (Fed) followed up with a three-quarter percentage point interest rate cut. That move bought the federal fund rate, the interest that banks charge each other, down to 2.5%, the lowest since 2004. Investors felt a bit of relief when the stock market rose. But with every breaking news bit, the market remains pendulous and investors remain wary.
I've enjoyed over 25 years of radio programming and management. I've been blessed to serve mass audiences some of the greatest radio stations in America with stops in Detroit, Buffalo, San Francisco, Washington DC and New York City, where I've programmed the legendary WBLS-FM for the past 11 years.