Newsletter Mar 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. Supporting the wellbeing of all team members is what running a Social Capital company is all about. That includes supporting their health. In "Hologic Stands Up To 'Business As Usual' To Prioritize Women's Health," the medical technology company's CEO, Steve MacMillan, reveals how his company has doubled down on its commitment to women's health--something that is often overlooked--with innovations such as the 3D mammogram. Noticing that women's health is not prioritized in many parts of the world, he created the global women's health index to track progress. As he puts it, "What gets measured matters." 

Hologic Stands Up To 'Business As Usual' To Prioritize Women's Health

CEO Steve MacMillan leads charge for a global 'what gets measured gets results' tool.

Trending Social Capital Stories
To Promote … Or Not?

Acceleration Partners founder on why NOT everyone should be expected to lead or manage.


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Night Stand


The Five Disciplines of Inclusive Leaders: Unleashing The Power Of All Of Us

What allows some CEOs to create an inclusive culture, where every team member feels comfortable bringing forth their best ideas, while other leaders struggle to do so? The authors are senior leaders at organizational consultancy Korn Ferry, where the they draw on data from 3 million leadership assessments to identify the personality traits and five best practices of inclusive leaders: building interpersonal trust, integrating diverse perspectives, optimizing talent, applying an adaptive mindset, and achieving transformation. These sound a lot like the best practices of Social Capital leaders, and if you're looking to keep getting better at what you do as you embrace diversity, equity, inclusion and belonging, you'll want to add this book to your nightstand. For more ideas on inclusion, check out "Kendra Scott Fashions Success For Women And Her Company" and "CEO Tom Nolan's Humility Is His Leadership Power At Kendra Scott.


Splurge

Vitamix, a fourth-generation, family-run company founded in 1921, believes in old school sustainability, making a product so good you don’t have to throw it out in three years. It's juicers, manufactured in Ohio, come with a five-year warrantee. If you've been thinking about drinking more green juices this spring or doing on a juice fast, consider treating yourself to one of their high-end models, like the Explorian series ($349.95). For more ideas on sustainability, check out "JLL Shows What Companies Can Do To Make The World More Sustainable." 


Coming Up

Well-Being Is Having Its Moment!: Workforce well-being will happen when CEOs are open to solutions, says Grokker founder. (Subscribe to our free weekly newsletter so you don't miss any stories like this here.)


THE BUSINESS OPTIMIZER

Many leaders complain that young employees "job hop" too much. But perception isn't always reality. 44% of employees ages 18 to 34 have been with their current employers for three years or more--similar to the numbers from the past four decades, according to the Pew Research Center. For more ideas on how to hold onto the great team you're building, see, "Family Still Matters: CEOs Who Support America's Most Important Institution.


Social Capital in Action

Many companies have embraced the mantra "bring your whole self to work" but the unspoken message is to only bring the parts of yourself that conform to the company's goals and culture. In "To Promote...Or Not?" serial entrepreneur and Acceleration Partners CEO Rob Glazer makes the case that leaders should not steer every talented employee into a management position. Some "A players" would prefer to keep producing great work without leading a team--and find management and administration stressful, or distracting from what they'd really like to do. However, they may still want to advance to more senior practitioner roles. Glazer's ideas offers some ideas on how to rethink the career paths in your company to make them more inclusive of employees who don't necessarily have leadership potential or want to exercise it.


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