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Leader to Leader

The Rise of the Human Economy

In the face of rampant technology and automation (including warnings about jobs being lost to robots), Seidman points out that we must cultivate trust, truth, values, passion, and other human-related qualities. He notes that numerous companies tout the word human in their slogans. In many cases, these companies do exemplify human-centered values. However, “though these efforts are likely earnest attempts to embody human values, companies get into trouble when they don't fully and completely instill these values in their organizations.” Citing the example of Nelson Mandela, Seidman writes: “When you demonstrate moral authority, people follow you not because they have to, but because they want to.”

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Leadership

The Women’s March

Dov was recently asked by Fortune Magazine to contribute his picks for its 2017 World’s Greatest Leaders list.  While he offered many suggestions, Fortune rightfully featured one of his strongest recommendations: the National Co-Chairs of the Women’s March—Tamika Mallory, Linda Sarsour, Bob Bland, and Carmen Perez. As Dov shared with the magazine, the march stands…

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EconomyPolitics

The Work of the Heart Makes Us Equal

As we pause to celebrate International Women’s Day, UN Women is undertaking an effort to elevate Women in the Changing World of Work. I couldn’t agree more with the day’s ethos of equality, but the reason may surprise you. It’s not just that gender equality is morally right, but that gender equality is a crucial…

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Purpose

The Real Purpose of Corporate Purpose

Every single day, business leaders and the people they work with are constantly reminded that the world around them is moving faster than they are currently able to respond and in ways that they struggle to predict, comprehend, let alone control. The world around us is not simply speeding up, it is being fashioned into something altogether new; the amount, level, and magnitude of change has accelerated to the point that we have gone from a difference of degree to a difference of kind.

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Tom Friedman Column

Homeless in America

I began election night writing a column that started with words from an immigrant, my friend Lesley Goldwasser, who came to America from Zimbabwe in the 1980s. Surveying our political scene a few years ago, Lesley remarked to me: “You Americans kick around your country like it’s a football. But it’s not a football. It’s a Fabergé egg. You can break it.”

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Economy

How the Financial Industry Can Earn Back the Trust it Has Lost

The financial crisis may have begun with a lion’s roar, but it seems to have concluded with something akin to a lamb’s bleat. In late August, the SEC announced a settlement with former Fannie Mae CEO and President Daniel Mudd, who was accused of misleading investors about the organization’s exposure to risky mortgages, marking the conclusion of one of the last legal battles…

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PauseTrust

To Build Trust in Business, Start with a Pause

Businesses of all kinds are mired in a crisis of trust. Whether it’s the exposure of embarrassing corporate details stemming from a hack initiated in Asia; the revelation that a company has systematically misled its customers, subverted regulators, or made unreliable claims to patients; the release of sensitive financial documents through WikiLeaks or the Panama…

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AIHumanityTechnology

In the machine age, only one type of organization will thrive: a human one

The world is not just rapidly changing, it is being dramatically reshaped. It is being reshaped faster than individual humans and the institutions are yet able to respond. Recent technological advances and disruptions have generated a world that operates so differently that we struggle to comprehend its meaning and adapt to the circumstances it presents to us. This new world poses profound challenges for organizations of all kinds as they try to cultivate resilience and simultaneously determine a source of growth.

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EconomyPolitics

ITT Tech’s Demise: A Bitter Lesson on Tough Decisions

After nearly 50 years in business, for-profit college ITT Technical Institute announced last Tuesday that it would be shutting down its more than 130 campuses immediately. The move leaves tens of thousands of students without a school and some 8,000 ITT employees without a job. ITT made the decision after the U.S. Department of Education said that…

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BehaviorPolitics

The Costs of Transparency in the Post-Gawker Age

Anonymity is dead. So is privacy. Given the amount of information that’s available via social media and the immense capabilities of current mass surveillance technology, gaining access to someone else’s life has never been easier, as people’s job history, birth records, and even credit card numbers are increasingly just a Google search away. And yet, amid all of this transparency, there remains an invisible,…