Newsletter Feb 22, 2023
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. Many companies are looking for ways to cut costs these days, but sometimes that can be short-sighted. In today's business environment, it isn't easy to replace a team member who has departed for a job that makes it easier to keep up with the price of groceries, gas and housing. Recognizing that, Delta just announced it is raising wages, in addition to setting the pace with a profit sharing plan that embodies what Social Capital is all about. If you're looking to attract and retain great people in a challenging business environment, don't miss, "Delta Raises The Bar--And Wages--Once Again!

Delta Raises The Bar – And Its Wages – Again!

Epic profit-sharing proves CEO Ed Bastian's continued commitment to rewarding employees.

Trending Social Capital Stories
Belonging: A Deeper Understanding Of Diversity, Equity And Inclusion

CEO and Chief BD&E Officer for software giant UKG explore why it's so crucial.


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The 6 Types of Working Genius: A Better Way To Understand Your Gifts, Your Frustrations, and Your Team

There are many ways in which individual team members can demonstrate prowess and even genius,. Many Social Capital leaders are recognizing that identifying those talents and encouraging team members to take on roles and projects that allow them to do what they do best can elevate the entire company. In The 6 Types of Working Genius, bestselling author Patrick Lencioni offers a brand new model for evaluating your team and bringing out the best in every individual. If you're building a Social Capital company, you won't want to miss this energizing masterclass in unlocking human potential. 


Splurge

Get ready for gardening season by treating yourself to a classic watering can (made sustainably, of course!) The Behrens 210 2.5 gallon steel watering can ($39.99) is oozing with vintage style and is made in the U.S.A., in Minnesota, by a small business. Even better, it's 100% recyclable. Behrens has used steel in many of its products to reduce the use of plastic, which, it points out, can leach chemicals into soil and food. Interested in what's happening on the forefront of sustainability? Check out "Underwater Lab For-Profit Uncovering Secrets To Save Humanity."


Coming Up

Language Is The X-Factor For Success In Global Business: AAA Translation founder Susanne Evens builds bridges of knowledge in commerce. Subscribe to our free weekly newsletter so you don't miss any stories like this here.


THE BUSINESS OPTIMIZER

Delta isn't alone in recognizing the contributions of its team. In one sign of how Social Capital values are catching on, the vast majority of CFOs (86%) intend to give workers a pay raise in 2023, according to research by Gartner. They are planning to increase compensation spending by 3%. Looking for creative compensation ideas? Check out "CEOs Who Share The Wealth."


Social Capital in Action

Penny Pennington, CEO of Edward Jones, is well aware of the financial services' giant's potential to make an impact--as long as it stays relevant. One way to do that, she has found, is by embracing empathy, humility, learning and listening as her team grows. In "Edward Jones' CEO Leads With Vulnerability To Unleash The Strengths Of Others," Pennington offers a strategy for better relationship building. If you're a Social Capital leader looking to deepen your relationships with your team, don't miss this important piece. 


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