Making DE&I Progress
“There’s been a lot of ‘try’ around diversity,” but trying isn’t enough, says Mellody Hobson, the co-chief executive officer of minority-owned Ariel Investments LLC. She was interviewed by video this week by Marie-Josee Kravis, past president of the Economic Club of New York.
“For a long time corporations have been talking about diversity,” said Hobson, who is African-American. “And the interesting thing is, it’s the only area where you can talk a lot about something, not make any progress, and still have your job. Everything else we do in corporate America, if we don’t get results, we get fired.”
This is a powerful statement. #diversityequityinclusion are on the tip of the tongue of many executives. The narrative of the importance of #DEI can be heard everywhere. Ask yourself how are you measuring your results?
If you are not certain, the www.WatsonWenkGroup.com can help.
The Watson Wenk Group is excited to announce a trusted partnership with Employment Matters, a Denver-based firm supporting employers and schools through training, coaching, mediation, and investigations. Growing since its inception in 2015, Employment Matters serves employers of all types and sizes through its impressive staff of seasoned professionals. The services provided by Employment Matters will complement the services offered by the Watson Wenk Group. Our partnership is especially designed to support organizations in becoming empowered and engaged, particularly in regard to Diversity, Equity and Inclusion (“DE&I”). With Employment Matters, we can offer a full range of DE&I support, including workplace compliance; coaching; group facilitation and training; formulation and implementation of an organizational plan; follow-through strategies; and measurements of success. Please contact us to learn how to take your DE&I efforts to the next level, and to explore other opportunities offered by the Watson Wenk Group for growth and learning. For more information on Employment Matters, visit: https://www.coemploymentmatters.com
The first step on any journey can be paralyzing, especially when good people want to promote racial equity. To begin conversations in your organization, consider the advice provided by the Aspen Institute in "Ten Lessons for Taking Leadership on Racial Equity." They recommend starting any conversation with information to give participants a "common frame of reference" as well as to dispel stereotypes and bias. Part of the information shared initially should explain the nature of structural racism rather than focusing on troubling but more limited individual acts of racism. These conversations might be held first with advocates and agents of change before trying to reform an entire organization. For more lessons from the Aspen Institute, visit: Leadership Lessons.
Governor Polis Appoints Darrell Watson to Colorado Secure Savings Program Board
DENVER - Governor Polis has appointed eight members to the Colorado Secure Savings Program Board.
The Colorado Secure Savings Program Board will establish, implement, and maintain the Colorado Secure Savings Program. Over 40% of Coloradans don’t have access to retirement savings programs at work. This program will create portable retirement accounts for eligible employees.
“The Secure Savings Program will empower people across the state to save for the future,” said Colorado Treasurer Dave Young. “This program is a critical tool in working towards economic justice — by creating access that has not previously been encouraged and enabling workers to save for retirement.”
The Colorado Secure Savings Program was established by legislation in May 2020, putting into action the recommendations of the 2019 study board. The Colorado Secure Savings Plan Board found that failing to take action to increase access to retirement savings would result in the State facing a combined budget and revenue impact of almost $10 billion between 2021 and 2035. The state could save almost $9 billion over the fifteen-year period if retirees have sufficient savings.
“I am thrilled that the Colorado Secure Savings Program Board has been appointed and I am excited to get to work. This Board will make countless important decisions that will shape the success of the Program, and therefore, the success of Coloradans,” Treasurer Young stated. “Each member brings a unique set of experiences to the table, and I look forward to working with this Board.”
The Colorado Secure Savings Program will be housed within the Colorado Department of the Treasury, with the Board providing oversight and guidance. The Program will be created in partnership with private sector program administrators and investment managers.
To read more about the board, see the attached document. To find more information about Secure Savings board meetings, visit colorado.gov/treasury/colorado-secure-savings-program-board.
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