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How the finance industry can combat racism

“I’m going to tell them there’s an African American man threatening my life.” – Amy Cooper 

“I’m a tenant of the building; are you?” – Tom Austin

Amid the unrest, anger, and outrage at the sheer injustice of systemic racism, Amy Cooper and Tom Austin are just two examples of white people using their privilege in an attempt to control Black people who dared to exert personal agency in shared spaces. After being called out publicly, Cooper lost her job, and Austin lost his office lease. 

Why point out these incidents instead of the thousands of other examples? Because while both apologized and stated “I’m not a racist,” they had tremendous influence in the finance industry through their leadership positions. 

There are real questions as to how these implicit biases influenced hiring, advancement, and access to capital at their firms. Their actions in these moments provide a spotlight on how … Read the rest

The OEM-Customer Relationship in Ag: What Growers Want (and How to Give It to Them)

From the Association of Equipment Manufacturers   The success (or failure) of any relationship depends on a variety of factors – both great and small. However, in the vast majority cases, the level of trust that exists between two parties in the relationship often determines its long-term potential and – ultimately – its fate. Equipment […]

The post The OEM-Customer Relationship in Ag: What Growers Want (and How to Give It to Them) appeared first on Fluid Power Journal.

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Women executives say the pandemic is exacerbating gender bias

This year is hard on working women. They’re losing their jobs and leaving the workforce at higher rates than men. Not to mention school closures are disproportionately creating more work for mothers.

So how are women at the top doing? How do they see the pandemic changing their work?

To find out, Fortune surveyed a group of more than 600 women leaders in our Most Powerful Women (MPW) community. In all, we received 112 responses in September. Among those, 88% work on at least one corporate or nonprofit board and 30% are CEOs. 

Among the women executives surveyed by Fortune, 66% say the pandemic is exacerbating gender bias.

The pandemic is resulting in more childcare work for employed parents—and much of that is falling to mothers. But 57% of women leaders told Fortune that their company is not offering additional child-care resources or paid leave. On the flip … Read the rest

PIRTEK Opens Third Center in Utah

PIRTEK recently opened its third Utah franchise. PIRTEK Lehi opened Sept. 21. It is the third PIRTEK center for franchise owner Todd Miceli, who also opened PIRTEK businesses in Salt Lake City in 2017 and Clearfield in 2019. The three franchises are almost evenly spaced along major freeway I-15, which cuts straight through the center […]

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Sheryl Sandberg: Companies can’t risk losing their best women leaders

Good morning, Broadsheet readers! Two women are the finalists to head the World Trade Organization, we get ready to welcome special guests to Fortune’s MPW Next Gen Summit, and Sheryl Sandberg sounds the alarm on the importance of retaining corporate America’s best leaders. Have a restful weekend.

– Senior-level crisis. Earlier this week, the Broadsheet covered the astounding number of women leaving the workforce: 865,000 in September alone.

That crisis is just the tip of the iceberg for corporate America, write Lean In cofounders Sheryl Sandberg and Rachel Thomas in a new op-ed for Fortune. Businesses risk losing their top female leaders—the senior most women at their companies—as a result of the coronavirus pandemic.

“Senior-level women—tough, tested, ambitious leaders—are being pushed to their limits and beyond,” write Sandberg and Thomas. “This is a real problem for companies because these leaders are too important to lose.”

Like many working … Read the rest