PROBLEM: CGC has identified a consistent pattern across industries. Corporations, small businesses, economic development strategists, and city and regional planners across the nation are seeking solutions to societal challenges inherited from a 20th century of laws, systems, public policies and private sector practices established around the tumultuous interpersonal dynamics of generations of racial segregation that still permeate every corner of our society. Companies, institutions and government agencies have invested in Racial Equity Commissions, DEI leaders and ESG efforts to address systemic challenges ingrained in workplace environments and communities. This nascent activity is encouraging. The measurable progress, however, is less so.
We believe we can help.
$340B IN COMMITTED FUNDS: In early 2023, the McKinsey Institute for Black Economic Mobility published its analysis of the monetary commitments made by Fortune 1000 companies that have pledged to fight racial injustice in the wake of the 2020 murder of George Floyd. According to the report, the deployment of committed funds and their measurable impact was inconclusive.
Moreover, in the midst of a national uproar in 2020, PwC initiated and led a growing movement of CEOS for ACTION, which has today become part of an overall ESG strategy led by Shannon Schuyler, PwC's Chief Purpose and Inclusion Officer.
From our perspective, we see enormous effort, significant levels of investment and committed leaders across business sectors tackling generational issues that are impacting the bottom line of growth-stage companies trying to successfully navigate markets that are experiencing an accelerating pace of innovation (and obsolescence) in a 21st century globally competitive tech-based Innovation Economy. Now we're stepping on the gas pedal as the world enters a Fifth Industrial Revolution. What does that mean for companies that need to recruit, and, equally important retain, the innovative talent they need to remain competitive?
OPPORTUNITY: To empower CEOs and other business leaders, economic development strategists and policymakers to meet the challenges of today's fast-paced economic environments, ever-changing consumer marketplaces and tenuous talent pipelines experiencing generational, racial and multicultural shifts, CGC has introduced into the arena of DEI programming and racial equity training our unique "Conversations Journey®" process to bolster existing platforms with a new component that has a track record of success. Recruitment and retention of quality talent rely a lot upon an inclusive diverse and welcoming workplace environment that makes employees feel valued. This is not the workplace environment we inherited from the 20th century. Therefore, it must be created. A lot of good work is being done in pockets across the nation. We can help.
SOLUTION: CGC's Conversations Journey® is for CEOs, business executives, managers and employees. We immerse cohort groups of participants in an experience of collective learning and discovery about today's American society perceived anew through a lens of historical context. Our journey process reveals a paradigm-shifting perspective on how laws, systems, public policies and private sector practices across all sectors of society were established and have evolved over 26 generations to the present day. CGC examines the society we all inherited. We identify the trends, expand the lens, and widen the aperture of knowledge leading to a common ground of collective understanding and collaboration to establish and work toward achieving common goals.
BENEFITS: CGC's Conversations Journey® develops among diverse groups a common ground of paradigm-shifting new knowledge and understanding that better prepares participants to successfully navigate challenges and capitalize upon opportunities inherent in DEI racial equity programs, antiracist workshops and racial equity training.
We can help increase success rates of existing training or help develop new training by preparing participants with a new lens and empathetic awareness about the current conditions of race in America and the opportunity we all have to sustain or change those conditions.
PROVEN RESULTS: Our Conversations Journey® has a proven track record of consistent outcomes over the past three years with institutional clients: K-12 schools, higher education institutions, municipalities, police departments, community nonprofits and White evangelical churches.
We’ve taken another look at the racial equity commitments from 1,369 Fortune 1000 companies (including new and recently removed Fortune 1000 companies) from May 13, 2021, to October 10, 2022. Our most recent analysis finds that companies pledged about $340 billion to driving racial equity between May 2020 and October 2022.