The Big Picture Crowdsource Innovation Social innovators have long been working to build a more just and sustainable world, but the work cannot fall on them alone. For business and corporations, social innovation could be a catalyst to achieve both racial equity and business goals. Scaling up public-private collaboration requires corporations to partner with social innovators. If actions speak louder than words, then corporations, by and large, are currently not sending a great message on racial justice. Despite record commitments from Corporate America to take a more active role in confronting systemic racism after the murder of George Floyd in 2020, progress remains disappointing. According to a McKinsey report released in December 2020 (and updated on the one-year anniversary of Floyd’s murder), more than 1,100 organizations committed $200 billion to racial justice initiatives between June and May 2021. However, almost two years later , there is a lack of clarity on how, if at all, this money is being spent and, more importantly, if anything has really changed. Looking at this, some may say that companies don’t intend to fulfil their commitments. However, a far more likely scenario is that they just don’t know how to. In this, we […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
