Last Sunday was Father’s Day, and I never thought I’d say this, but I was glad to get a tie, because my wife knew I would need it (it’s been literally over a decade since I’ve worn one). Today I was called to testify before a Senate Commerce committee hearing on Facebook and the role of data in society. Apparently they’ve been reading my work and, well, that landed me in DC. My full written testimony, replete with dozens of links to my previous work and coming in at 2500 or so words, is published on Searchblog. Below is what I read into verbal testimony before the Senators got into a couple hours of questioning, which, by they way, I found to be well informed and enlightened.
On April 5, U.K. companies with 250 employees or more were required by law to reveal their pay data. The goal: Narrow the gender wage gap.
In response, many people across the world have shared their personal experiences, data, and opinions regarding gender pay differences. An Inc.com columnist, Heather Wilde, wrote about being paid 60 percent less than her male colleagues at the same level. The 2016 U.S. Census revealed it takes a woman one year, three months, and 10 days to earn what her male peer earns in one year. I personally quit a job once over a $5,000 gender wage gap.
Now that we’re really talking about this, let’s solve the gender wage gap once and for all. I believe achieving equal pay for equal work is possible. It takes time and effort and it isn’t easy, but it is a solvable problem. Creating true equal pay requires two things:
Commitment to a system that evaluates each individual relative to their peers.
Fluidness within the system created.
Through decades of trial and error, I believe I’ve found a system that works. It’s achievable by teams both big and small. It’s likely to raise a few eyebrows, and that’s OK. Sometimes, doing the right thing is hard.
Four remarkable and unique voices on the future we all share.
If you’ve never heard of Ignite talks, you’re in for a treat, as they’ve spread to hundreds of cities around the world and range across a heady set of topics. They’ve been called “TED talks on speed,” and feature a unique creative box: each presenter gets 20 slides, which automatically advance every 15 seconds. The result is a fast and impactful experience. At this years Shift Forum, as we did the year before, we partnered with the founder of Ignite, Brady Forrest, who curated four of the best Ignite talks around the theme of “the future of work.” We’ve now published each one, and curated them here as well. Each is worth your time and attention. Special thanks to Ignite founder Brady Forrest for curating these extraordinary talks.
The impact of digital and social technologies on business, media, culture and society.
Jen McClure is founder of Consultants Collective and a speaker, board member, and program manager at the Conference Board. In this Ignite session at Shift Forum, McClure urges employers to rethink how they manage their most precious asset — their employees. (The full overview of Shift Forum’s Ignite series is here).
Jen McClure: Hi, I’m Jen McClure. I’m going to be talking about the complex relationship between digital and social technologies and humans at work. This is actually a topic I’ve been thinking about for 14 years when I helped to organize the first Congress on the Future of Work back in 2004.
Blacks and Latinos will soon be 40% of the US population. Why are they only 5% of the tech workforce?
Karla Monterroso, CEO of CODE2040, is committed to closing the opportunity gap for Blacks and Latinos in the United States. Monterroso spoke at the annual Shift Forum earlier this year, in the Shift Ignite series (full overview is here).
Karla Monterroso: Hello. I was visiting my family in Guatemala this last year. My uncle was able to recall the most salacious details of our very embarrassing American election. I said to him, “Tío, how do you know all of this stuff?” He says to me, “Mija, what happens to you all over there impacts what happens to us over here.”
The gap between skills and opportunity is widening beyond resolution. Susan Mernit at Hack The Hood has a new plan to fix that.
Susan Mernit is co-founder and CEO of Hack the Hood, a Bay-area non-profit organization that works to address the needs of low-income young people of color disconnected from the economic mainstream of tech-informed jobs in the Bay Area and across the region. Mernit spoke at the annual Shift Forum earlier this year, in the Shift Ignite series (full overview is here).
Susan Mernit: Hey, everybody. It’s a pleasure to be here. I’m Susan Mernit. I’m the co-founder and CEO of an organization called Hack the Hood. We work with low-income 18 to 25 year olds of color in the Bay Area. We introduce young people to careers in tech, the skills they need, and how to get on a pathway for that training.
Aetna President Karen Lynch runs 95 percent of the company’s core businesses. Since her firm’s novel move, productivity is up 15 percent. Next up? An industry shifting merger with CVS.
Given NewCo Shift Forum’s theme of “Business Must Lead,” it was a pleasure to welcome Karen Lynch, President of healthcare industry leader Aetna to the Forum stage earlier this year. Lynch discusses her company’s decision to raise minimum wages for thousands of its employees, an “ecosystem” approach to the healthcare business, and the role companies must now play in social issues beyond their core stakeholders. Read the full transcript below, or watch the interview, conducted by Makers and Takers author Rana Foroohar.
John Battelle: Please join me in welcoming my friend, Rana Foroohar, who has written extraordinary book about the financialization of the economy in conversation with the president of Aetna, Karen Lynch. Welcome to “Shift Forum.”
Last year, $163bn was invested into founders globally, compared to a $25–56bn range in the 10-year period to 2013. Corporate venture capital (CVC), whereby large firms invest in interesting startups, is on an upswing. CVC, traditionally a second-tier option for enterpreneurs, now represents about 18% of all venture deals globally and about a third of all dollars invested in venture. CVC of 2017 is bigger than the entire VC industry of 2013.How do you make sense of it?
It’s somehow fitting that today, May 25th, marks my return to writing here on Searchblog, after a long absence driven in large part by the launch of NewCo Shift as a publication on Medium more than two years ago. Since then Medium has deprecated its support for publications (and abandoned its original advertising model), and I’ve soured even more than usual on “platforms,” whether they be well intentioned (as I believe Medium is) or indifferent toward and fundamentally bad for publishing (as I believe Facebook to be).