This is to encourage all companies to embrace the transformative power of corporate giving Badr Jafar, CEO, Crescent Enterprises Image Credit: Supplied
The World Economic Forum Jobs Reset Summit brought together world leaders and top business executives to collaborate on shaping a fair, inclusive, green socio-economic COVID-19 recovery. In 2020, the global workforce lost an equivalent of 255 million full-time jobs, $3.7 trillion in wages and 4.4% of global GDP. While the growth outlook is expected in improve, a fair socio-economic recovery is not guaranteed.
Speaking at the World Economic Forum’s Jobs Reset Summit on Tuesday, Crescent Enterprises CEO Badr Jafar has called for the creation of a Gulf Corporate Philanthropy Network to encourage all businesses to embrace the transformative power of strategic corporate giving, as businesses across the region and the world play a leadership role in the post-pandemic economic recovery.
Ask Asahi Pompey what she does for a living, and the answer isn’t so straightforward.
On LinkedIn, she lists the titles of global head of corporate engagement at Goldman Sachs and president of the Goldman Sachs Foundation.
To borrow a phrase from Bozoma Saint John, Pompey is a #badass, juggling the worlds of corporate America, motherhood, and philanthropy. She radiates wisdom, light, and positivity and is a fierce force of nature in stilettos, someone who understands the power of holding the door open for those following in her steps.
When asked about the “light-bulb moment” that led her to her life’s work, she explains an uncomfortable truth. “You have to have a baseline of a certain amount of economic empowerment to have that moment,” Pompey says. It’s the foundational level of Maslow’s Pyramid and, for many, a quick privilege check. “My first aim of getting out of school was not how I could find a purpose-driven career. It was, I’ve got to pay off these loan
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Solomon has steered the bank to blowout profits and a record stock price. But with partners quitting and burnout soaring, some insiders say the executive s hard-charging style has come at a cost.
Every summer when he was running Goldman Sachs investment banking division, David Solomon assembled his top lieutenants for two days of off-site meetings.
The gatherings served as a forum for executives, in the language of house renovation, to strip the business down to its studs.
As executives began to rebuild, Solomon cast a critical eye, said a person familiar with many of the reviews. What could be improved? Who s doing it better? What stands in the way of success? How can incremental profit be squeezed?
A philanthropic drive to aid Black women is gaining momentum
HALELUYA HADERO, AP Business Writer
April 22, 2021
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Tarana Burke, founder and leader of the #MeToo movement, stands in her home in Baltimore on Oct. 13, 2020. Black women and girls are now the focus of several high-profile philanthropic initiatives as major donors look to address the racial wealth gap and the long-chronicled funding disparity for organizations serving minority women. Teresa Younger, who helped launch The Black Girl Freedom Fund and its 1Billion4BlackGirls campaign in September with other Black women in philanthropy and activism including Me Too Founder Tarana Burke said that donors should be cautious about making assumptions in their giving.Steve Ruark/AP