It's a question I've been asking some of my fellow business leaders lately. SPOILER ALERT. I believe it is, and I recently gave a lecture at the University of Montana's School of Business to make my case. I challenged graduates not to forget what I call the 'social contract' between companies and their communities. While businesses are typically focused on increasing their EBIDTA and achieving record profits for their shareholders, they also need to pay attention to people in need.
Currently, this is an easy conversation to have because the American economy is on a three-year growth spurt, and corporations are making record profits. They've also just recently received one of the largest corporate tax cuts in history, adding billions more to their coiffeurs. In places such as Portland, Oregon, home to my company R2C Group, our skyrocketing local economy has resulted in a sharp decline in unemployment, and an enormous demand for real estate. Low income housing in the form of single residence occupancy units (SRO's) has been torn down around the city to make way for beautiful new buildings, restaurants, hotels and high-end condos. We have seen the cost of rental housing rise over 92% in the last seven years, creating a massive low-income-housing crunch, with a deficit of over 20,000 units. This, combined with lack of mental health facilities and the increasing opioid epidemic, has thrown Portland into a homeless crisis.
So, while business is good in Portland, it isn't always producing positive benefits for the city. Take a stroll downtown, and you'll see the homeless problem first hand.
A bit of background: In the summer of 2014, I was confronted with a large homeless camp in the park in front of my office. The blocks surrounding our office quickly became a haven for drug use, prostitution and crime. Our doorways were littered with trash, drug paraphernalia, and even human feces. Our employees were being harassed walking to their cars, and clients reported that they didn't feel safe coming to our office.
As a business owner, I believe there is a reasonable expectation that city government will provide clean and safe streets to support successful commerce. The ability of your customers and employees to walk safely to and from your office is what fosters business growth. As businesses attract more customers, they can hire more people, pay better wages and provide benefits and health care. More employees and higher wages mean more tax revenue and charitable giving. This business circle of life doesn't work if any of these components are missing.
We reached out to the mayor, met with law enforcement and city officials, and worked to confront the problem. We were looking for solutions that we thought would be good for our business AND for the city. I didn't want to simply complain without contributing to the solution. Seeing homeless people daily in mental anguish and being victimized by predators was gnawing at me. Haven't we all been touched by drug addiction or mental illness, perhaps even in our own families? I know I have. The only difference is I have a strong family structure that made sure our loved ones were safe, and received the necessary treatment to keep them off the streets. Not everyone has that, so it's our moral duty as a society to provide for those in need.
It wasn't, however, until I was invited to tour Central City Concern (CCC), the largest homeless non-profit in Oregon, that I saw the problem from a fresh perspective. I had no idea how extensive the scope of the problem was nationwide, and the real reasons behind it. The three main drivers of homelessness are mental illness, addiction and disability. Decades of cuts to public funding for low-income housing and mental health facilities, combined with stratospheric increases in housing costs, have thrown half a million needy and disabled people onto the streets of the United States.
I had no idea what CCC did, and was blown away by its scope and level of effectiveness. They provide an end-to-end approach, including treatment for mental illness and addiction. And they also provide healthcare, transitional and low-income housing, job training and employment placement.
The only way to truly solve this problem is to treat the underlying causes and bring these folks back to being productive members of our society. With over 2,000 highly trained professionals and former clients working together.
I immediately knew this was the organization I wanted to throw my company behind. I now sit on the Board of Directors, and have made donating time and resources to CCC an integral part of our company culture.
As a successful business owner, I have come to understand that I have an unwritten social contract with my community to give back. I often tell other business owners, “If you're not going to do it because it's the right thing to do (and I hope you do), you should do it because it's good for business." Portland has a major homeless problem that we all need to address. Just complaining won't solve the problem.
As we have gone down this advocacy journey, improving our culture of giving has positively impacted our business. We now donate over 600 hours annually to local charities, across four cities where our offices are located nationwide. As our culture has shifted, so has our recruiting of key talent. Universities are graduating the most qualified and creative people ever. This generation of graduates wants to be part of something bigger. They are charitable social givers that use technology in creative ways to give and share causes. They are not interested in simply going to work and collecting a paycheck. In fact, according to a survey conducted by Morning Consult for Fortune magazine, “Two-thirds of people between the ages of 18 and 34 were at least somewhat more likely to want to work for a company that gave to charity than one did that not."
As a business, it's important to have a social component to what you are doing. There are many large successful companies that are leading the way with advocacy for everything from poverty to the environment, including TOM's, REI and Patagonia. Locally, we're seeing more B-Corporations that give large portions of their profits to charity, including New Seasons Market and Beneficial Bank.
We live in a fast-paced and competitive world. Businesses are fighting for market share and revenue, working to grow and generate the resources to provide for their employees. The idea of adding a cause or giving back on top of all of that can seem daunting to business owners. When you remember your social contract, however, you will feel better, your employees will experience a sense of pride, and your business will be more successful. You'll see that caring is what's best for your community and that is indeed good for business.
Motherhood, no matter how you slice or dice it, is never easy. Running after small children, feeding them, tending to their physical and emotional wounds, and just taking the time to shower them with love— that's a lifetime of internal resources. Now add a job on top of all of that? Geez. We spoke to 14 working mothers to get an open, honest look at the biggest day-to-day challenges they face, because despite what Instagram portrays, it's not all dresses on swingsets, heels, and flawless makeup.
1. “Motherhood in general is hard," shares Rachel Costello. “It's a complete upheaval of life as you once knew it. I have a 22-month-old due any minute and a baby. The hardest part is being pregnant with a toddler — chasing, wrangling, etc., all while tired, nauseous, and achey. Then the guilt sets in. The emotional roller coaster punctuated by hormones when you look at your baby, the first born, knowing that their life is about to be changed."
2. “I'm a work-from-home mom," shares Jene Luciano of TheGetItMom.com. “I have two children and two stepchildren. The hardest part about parenting for me is being the best mom I can be to someone else's children."
3. “I joined the Air Force at 18 and had my first child at 20," tells female power house Robyn Schenker Ruffo. “I had my second baby at 23. Working everyday, pumping at work and breastfeeding at lunch time at the base, home day care was rough. Being away from my babies during the day took a toll on me— especially the single mom days when they were toddlers. I had a great support system of friends and military camaraderie. The worst was being deployed when they were 6 months old, yes both, and I was gone for 90 days. Not seeing them every night was so depressing."
4. “Physically, the hardest part of the parenting experience (and so far, I'm only six months in with twins) was adjusting to the lack of sleep in the very beginning," shares Lauren Carasso. “Emotionally, the hardest part is going to work everyday with anxiety that I'm going to miss one of the twins' firsts or other milestones. I know they are in good care but potentially missing those special moments weighs heavy on my heart when I walk out the door each morning," she continues.
5. “The hardest part of being a parent is social media, actually," says Marina Levin. “Shutting out the judgmental sanctimommy noise and just doing what works best for you and your family in a given moment."
6. “Trying to raise a healthy, happy, confident and self-respecting girl, when I'm not a consistent example of those qualities is the hardest for me," explains Adrienne Wright. “Before motherhood I was a pretty secure woman, and I thought passing that onto my daughter would be a piece of cake. But in the age of social media where women are constantly ripping each other to shreds for the way they raise their kids, it's nearly impossible to feel confident all of the time. Nursing vs. formula, working vs. stay at home, vax vs. anti-vax, to circumcise vs. not, nanny vs. daycare— the list goes on and on. We're all doing the best we can with the resources we have. We should empower each other to feel confident in the decisions we make for our families."
7. “The hardest part is the sense of responsibility and worrying that comes along with it," says Orly Kagan. “Am I feeding my kids properly? Are they getting too much screen time? Are they getting enough attention and love? Are they developing as they should be? It goes on and on and on."
8. “For me, by far the hardest part of motherhood has been managing my own guilt. As many triumphant moments as there may be, the moments when I feel like I did badly or could have done better always stick out," confesses Julie Burke.
9. “Balancing work and doing all the mom things and all the home things and all the husband things are not the hardest part of motherhood (for me, anyway)," shares Zlata Faerman. “The hardest part of motherhood is trying to figure out just how to deal with the amount of love I have for my son. It can be super overwhelming and I'm either alone in this sentiment, or not enough moms talk about it."
10. “The hardest part for me is giving things up," shares Stacey Feintuch. “I have two boys, an almost 3-year-old and almost 7-year-old. I have to miss my older one's sports so I can watch the little guy while he naps or watch him at home since he will just run on the field. I hate that other parents can go to games and I can't. I also really miss going out to dinner. My older one can eat out but we rarely eat out since my younger one is a runner!"
11. “I think if I'm going to be completely real, the hardest part to date has been realIzing that I chose this life," shares Lora Jackle, a now married but formerly single mom to a special needs child. “I chose to foster and then adopt special needs, as opposed to many parents who find out about the special needs after their child is born. It's still okay to grieve it sometimes. It's still okay to hate it sometimes and 'escape' to work."
12. “I'm a work-at-home mother doing proofreading and teaching 10-20 hours a week. The hardest part for me is not yelling. I took the 30-Day No Yelling Challenge and kept having to restart. I love my kids, don't get me wrong," says Michelle Sydney, exemplifying the difficulty of balancing work with family.
13. “I'm a full-time working mom of a 2.5-year-old," shares Anna Spiewak. “I bring home equal pay, keep the apartment clean and take care of dinner. Still my male partner gets all the praise for being a good dad and basically sticking around. It's mainly from his side of the family, of course. What I do is taken for granted, even though I'm the one who still changes the diapers, bathes her and wakes up in the middle of the night on a work night when she cries. I wish all moms got credit for staying on top of things."
14. “I am a stay-at-home-mother and currently working full-time from home on my start-up clothing brand, Kindred Bravely," says Deeanne Akerson, founder of Kindred Bravely, a fashion line devoted to nursing, working mothers. “The hardest part of my parenting experience is the constant feeling of never doing quite enough. There is always more to do, meals to make, laundry to fold, kids that want my full attention, errands to run, or work in my business. And since there really always are more things to do it's easy to feel like you're failing on nearly every aspect of life!"
This piece was originally published July 18, 2018.