Mark Zuckerberg Might Have a Plan for Making Businesses More Socially Grounded

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Theme:– Operation J.U.M.P. For Jobs, Justice & Unsung Dreams

A few years ago The Social Network movie was released with rave reviews. It was based on the book The Accidental Billionaires covering the rise of Facebook. The film went on to achieve major success as has Facebook. Now Mark Zuckerberg might have a plan for making businesses more socially grounded.

He describes in an upcoming Today Show interview that he often thinks about what made Facebook blow-up. He remembers having pizza with friends at Harvard on the day after the demo was first released to students on campus. Zuckerberg says his success is due in large part because “we just cared more.”

He could have said it was due to his tech-savvy or his position of privilege. But Zuckerberg’s statement shows another path for business success. That might be what President Obama has been emphasizing in his recent meetings with CEOs. It’s certainly true for Sam Polk a former hedge-fund manager.

Polk landed a job on Wall Street at age 22 and was making loads of cash. He made $3.6 million in bonus one year and thought it wasn’t enough. But his eyes were opened wide when he realized he made more money in one check than his mother made in a lifetime. So he quit his job to become a social-preneur.

Zuckerberg took a social-media path in building wealth. Polk redirected his socially-connected path to spread the wealth. Zuckerberg was driven by passion while Polk was moved to compassion. Polk’s career shift was the most difficult one he’s made in his life. But it’s one that brings dividends to society at-large.

Footnote: Operation J.U.M.P. says if America wants to address long-term joblessness and income inequality then politicians and business leaders alike need to care more.

Janet Yellen Comes Out Swinging at Congress for Being Heartless

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Theme:– Operation J.U.M.P. For Jobs, Justice & Unsung Dreams

Federal Reserves’ Chairman Ben Bernanke announced some time ago that he’ll step down in January at the end of his current term. He took the job during the Bush Administration and was kept on by President Obama. The nominee to replace him, Janet Yellen, came out swinging at Congress for being heartless.

She testified last week at Senate confirmation hearings. Yellen, if confirmed, would become the first woman in that role. While she might have her eyes set on stepping into the job, she’s clearly not backing down on stepping into the fire. Yellen feels the economic recovery has been hampered by the Sequester.

She’s also shining the light on the rise in income inequality. The top one-percent has seen tremendous increases in income while the bottom 20-percent struggle to stay afloat. This might point to social roadblocks and policy decisions akin to the racial inequality that some experienced from cradle to grave.

Back in those days (not long ago) the concern was removing barriers to employment that some groups faced. Our history shows how they received “leftover” jobs or low-grade work assignments. So, the powers-that-be took steps to address the apparent “reoccurring oversight” that was found in the system.

If Yellen becomes the next Feds sheriff in town, it might truly mean we need affirmative action for all on job market inequality. Maybe workers below the C-Suite or High Street need to have some of the same protections and options as those above. This way the game can be played on more transparent terms.

Footnote: Operation J.U.M.P. includes an economic justice component that can bring together the money-changers on High Street and the game-changers on Low Street to exchange notes on embracing equal protections and options for job market progress.