Every day, millions of Americans have to sacrifice food, education, and healthcare because the cost of housing is so high. The numbers are grim: only one out of every four households who needs housing assistance gets it; more than one in four renters pays more than half of their income on housing costs; and nationwide waiting lists for affordable housing are years long. Many lists aren’t even open to new applicants because the backlog is so enormous. The lack of affordable housing affects millions nationwide, and people who have full time jobs are not immune: the National Low Income Housing Coalition (NLIHC) notes that someone has to make $21.21 per hour in order to afford a two-bedroom rental home at Fair Market Rent. Of the people fortunate enough to receive federal housing assistance in
Data privacy is a primary concern for companies today, but that attention is often focused on customers. Yet they are not the only people whose data companies store. They also maintain information on their employees. And employees are apparently not all that confident that employers are doing a good job of protecting their personal data at the workplace.
Leading companies are laser-focused on corporate purpose. They explore what their purpose is and how it translates to their people and community and bring that purpose to life through intentional practices and strategies. They use a human-centered lens for all business operations because it helps them see around corners and delivers a competitive edge. All this leads to a future-forward outlook that enables a long-term view. Within this purpose megatrend, we see five prominent themes: Employee Power, Collaborative Advocacy, Responsible Tech, Long-Term Growth Going Mainstream, and Impact Measured.
Smithfield Foods, Inc. is pleased to announce the grand opening of its new distribution center in Tar Heel, North Carolina, which will create approximately 250 new jobs in the state. Smithfield invested more than $100 million into the over 500,000-square foot facility, about the size of eight football fields, and its blast cell cold storage capabilities at its processing facility, which will strengthen the company’s supply chain to better serve customers globally.
Andy Hoffman, professor of management and organizations at the Ross School of Business and professor of environment and sustainability at the School for Environment and Sustainability, studies the relationship between environmental issues and organizations. His latest book is Re-engaging With Sustainability in the Anthropocene Era: An Institutional Approach.