Los Angeles Clippers owner Steve Ballmer and his wife, Connie, run the Ballmer Group like a foundation but operate it as a limited liability company, which enables them to fund efforts out of reach to 501(c)3 foundations. The Ballmers have donated more than $300 million to nonprofits focused on people of color in Detroit and Los Angeles as part of a years-old commitment to addressing racial injustices.
Twitter CEO Jack Dorsey says he plans to provide $3 million in funding through a network of US mayors to support guaranteed income programs for those affected by the coronavirus. "This is one tool to close the wealth and income gap, level systemic race and gender inequalities and create economic security for families," Dorsey said.
When protests against racial discrimination and police brutality first erupted in late May, many health experts warned that the large gathering of people without social distancing could drive a spike in coronavirus cases. So far, they haven't. A group of more than 1,300 epidemiologists and medical workers have said that systemic racism is a greater threat to public health than the pandemic -- and that protests should continue. Medical experts attribute minimal transmission to the fact that most protesters are wearing face masks and encourage anyone attending a protest to wear a mask and eye protection, wash their hands often and practice social distancing as much as possible.
Approximately one in five Americans has moved or knows someone who has because of the current pandemic, a Pew Research study shows. Young people make up the majority of those affected: an estimated 2.9 million adults (most of them 25 or under) moved in with parents between March and May this year. In addition to those displaced by college closures or job losses, record numbers of Americans are relocating to more rural areas
because of concerns about outbreaks or social unrest -- or because remote work is now a viable option.
Why it matters: The French government has said it will rebuild Notre Dame Cathedral with its origin in mind and will not add any modern upgrades. Traditionalists had stressed the importance of historical accuracy. However, preserving the structure's authenticity, harmony and coherence will entail using tons of lead, which has caused concerns over potential toxicity.
Remote meetings are less a problem of technology than of organization, as too many meetings lack a purpose, don't start and end on time, and have no follow-up from leadership, writes Julie Winkle Giulioni. "When scheduling a meeting, force yourself to summarize the purpose and objectives of the meeting," she writes.
Values- and team-based leadership styles will be more conducive to companies trying to reopen offices than top-down, autocratic styles, argues Lawrence James Jr. "Specifically, this means creating an inclusive environment that highlights and leverages the value of a diverse range of voices," he writes, offering examples.
The pandemic provides an opportunity to reassess decision-making structures within your organization, write Boris Groysberg and Sarah Abbott of Harvard Business School. "A good starting point: Ensure you are considering all available, relevant information but are not overwhelmed by information overload," they write.
This article explores the value that a chief risk officer can bring to organizations. "CROs can help anticipate unintended consequences, proactively plan for them, and maintain a record for the future -- all without distracting from the immediate demands on management for timely action in the midst of a crisis," writes David Fisher.
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