Newsletter Oct 26, 2022
Social Capital

Editor's Note

Welcome to the latest edition of the Social Capital Newsletter. Social Capital is an intangible asset at the heart of a new and dynamic view of success, one that is changing business and the world as we know it during one of the most difficult and turbulent times in recent history. Christian Ulbrich is playing the long game as CEO of global real estate company JLL—recognizing that he is a steward of a brand that started long before he took the helm in 2016 and will continue beyond him. A big part of his work is in prioritizing environmental, social and governance (ESG) goals. He takes pride in going beyond what slower-moving governments are able to do. Embracing the "S" in ESG has been a hallmark of his leadership, as he has invested in people and technology with an eye on the future and the organization's impact. Tune in to IBT Editor-at-Large Chris Benguhe's fascinating interview with Ulbrich by clickcing on "JLL Shows How Companies Can Do What Governments Can't To Make The World More Sustainable."

JLL Shows How Companies Can Do What Governments Can't To Make The World More Sustainable

CEO Christian Ulbrich leads global real estate services company to make a better world.

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Partnering: Forge The Deep Connections that Make Great Things Happen

Jean Oelwang is president and founding CEO of Virgin Unite, an entrepreneurial foundation where she works closely with Richard Branson to bring together corporations with government and NGOs to solve pressing world problems. In Partnering, Oelwang goes under the hood to examine what makes some of the world's greatest partnerships tick--and deliver outstanding results for humanity. Looking at case studies such as Ben and Jerry, Jimmy and Rosalind Carter, and Bishop Desmond Tutu and his widow Leah Tutu unpacks six key principles that these collaborations have in common. Even better, all of the proceeds of the book will be donated to Plus Wonder, a nonprofit formed to motivate people to create partnerships that serve humanity. Looking for inspiration for your own partnership? Check out our story on the dynamic Social Capital duo behind Proteus Ocean Group in "Underwater Lab For-Profit Uncovering Secrets to Save Humanity." 


Splurge

Few pleasures are sweeter than soaking up the beauty of fall foliage in a kayak. The problem is they're so darn heavy and hard to transport that it's easy to postpone those trips indefinitely. Enter Oru Kayak, which makes the Lake, a folding model ($549) you'll want to keep in the trunk of your car at all times. It's all part of the San Francisco-based company's mission to connect people to nature. Looking for a backpack to take on your next kayaking adventure? Cotopaxi, a leading Social Capital company, makes them while helping to fight world poverty. Read about Cotopaxi's work on the front lines of social entrepreneurship in "This CEO Is Leading The Charge To End Poverty.


Coming Up

Build A Trust Culture: Trust is a two-way street. Leaders thrive when they feel they can trust their employees, and employees reach new heights when leaders give them the freedom, and support, to soar. In our new series, former UKG CEO Aron Ain shares the best practices for building trust that set the stage for the success of his successor, Chris Todd. Look for more insights on how to build trust on your team in the first of our upcoming series, "Cultivating Trust As a Leader," next week. And in the meantime, check out our story "Family Is The BackBone Of UKG Success," where we look at one pillar of building trust--supporting team members' life outside of work. 


THE BUSINESS OPTIMIZER

With 55% of Americans saying they would be willing to leave their current job to join an organization that has a positive impact on the world, according to the Gallup/Bentley University 2022 Force for Good Report, Social Capital companies have a powerful advantage in today's business environment. Data like this is all the more reason to step up the activities your company is embracing to change the world. Read about Gallup's research into world happiness in "Gallup Knows Why Your Employees -- And Everyone Else -- Is Unhappy." 


Social Capital in Action

Children were hard-hit by the pandemic, and the National Assessment of Educational Progress now shows that their math and reading scores dropped to historic lows. Imagine a world where we actually listened to children about what is best for them, instead of forcing them to do things that common sense tells us aren't good for them, like staring at a computer screen all day at school? Revolution Foods' co-founder and chief impact officer Kirsten Saenz Tobey offers ideas on how to turn things around for our young people in "This Is What Can Happen When We Listen To Our Children." She offers powerful inspiration for any Social Capital leader wanting to make a difference for the people who will be running the world someday. 


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