Page 97 - Forbes Magazine-October 31, 2018
P. 97

PROMOTION


         BEYOND ONE
         WE ARE GREATER TOGETHER

        case for the continuing relevance                                         their campuses. Exposing HBCU
        of HBCUs to the black community                                           students to what success looks
        and indeed all of America is statis-                                      like beyond sports, music and
        tically compelling. HBCUs regu-                                           entertainment are transformative
        larly award degrees to 20% of all                                         experiences.”
        college-educated blacks, including
        25% of all black STEM degrees.                                            Addressing the Critical Link
        HBCUs are also responsible for a                                          Between Black Education and
        signifi cant percentage of graduate                                        Wealth Inequality
        degrees earned by blacks.                                                 “There is a direct correlation
          A recent study last year by the                                         between quality education and
        United Negro College Fund and                                             economic independence,” states
        the University of Georgia entitled   John Legend presents The ELC’s Alvaro Martins   Spriggs unequivocally. “As an
        “HBCUs Make America Strong: The Posi-  Heritage Award to James Lowry, a senior   organization of hugely successful black
        tive Impact of Historically Black Colleges   advisor of the Boston Consulting Group and   corporate leaders, we are expanding our
        and Universities” detailed these institu-  Legend’s former colleague and mentor.  network of wealth, power and infl uence to
        tions’ “contributions to black students, to                          create avenues for other black Americans
        generating economic activity in regions of   ELC events. “The scholarships we award   to attain their highest potential.”
        the country with low levels of economic   to HBCU students are the difference   Today, the stark contrast between black
        well-being, and to the nation as a whole.”   between completing their educations or   and white income and wealth, especially
          ELC members donate their perspective,   dropping out,” reports Spriggs, “and I can’t   when sorted for educational achieve-
        expertise and vision by serving as HBCU   emphasize enough the value of bringing   ment, is shocking. A study last year by the
        advisors and/or trustees, and HBCU stu-  HBCU students to ELC programs and   Institute for Policy Studies and Prosperity
        dents are consistently invited to attend   events or simply having members on       Continued on page 26

        MASSMUTUAL



        By Pia Flanagan


             t MassMutual, we feel that all peo-  ties and our marketplace.
              ple should have the opportunity   We also understand our responsibil-
               to provide fi nancial security for   ity in fostering greater inclusion in the
        themselves and their families. That’s why   world around us. That’s why we support
        we have long been committed to diver-  eff orts and public causes that advocate
        sity and inclusion in all forms, advocat-  for greater equality, from signing amicus
        ing for fairness and equality and valuing   briefs and petitions that defend the rights
        people for who they are.           of same-sex couples and transgender
           At the core of our eff orts are our   individuals, to lending support to such
        people. We know that when individuals   initiatives as CEO Action for Diversity &
        of diff erent backgrounds and perspec-  Inclusion and Paradigm for Parity.
        tives come together, it leads to the best   Collectively, all of these eff orts  help
                                                                                        Pia Flanagan
        outcomes. This commitment is carried   us create a better company — one that   Corporate Secretary and Chief of Staff,
        throughout our entire organization, from   is best positioned to serve all people,   Massachusetts Mutual Life Insurance
                                                                                     Company (MassMutual)
        our Board of Directors — where nearly   regardless of where they were born, who
        half of our members are women or peo-  they worship or who they love. That noble
        ple of color — to our employees, many   cause is a refl ection of the inclusive values
        of whom actively serve in our Business   that have driven us since our founding in
        Resource Groups that help foster greater   1851, and ones that will remain for genera-
        inclusion in our workplace, our communi-  tions to come.
                                                                                                 CRN202008-235127
        22
                     Diversity
        22           Diversity
   92   93   94   95   96   97   98   99   100   101   102