by Nanette Nelson, Envision board member
September 1, 2021
General Motors Co. is currently headed by a woman CEO and, as of March 2021, a majority of its board of directors is female. This year GM said it aims to convert nearly its entire vehicle lineup to electric by 2035.
Inclusive corporate cultures have a competitive edge, according to recent studies (see links below)—better products, sales growth and share performance. Innovation, enabling success in today’s fast-changing, disruption-filled competitive world, is the key characteristic of these inclusive companies. Companies with above-average gender diversity on their boards and top management are more likely to have these inclusive cultures. Women bring work styles that include enhanced communication skills, more empathy, less ego and more measured risk-taking.
By Phil Hauck, Envision Board Member
(watching signals of Artificial Intelligence)
Remember when construction projects started with a draftsman wielding a pencil and a straightedge? Today a homeowner can buy software that helps her size and orient rooms to get the best view from her new house. And the contractor now has scanning devices and software that drive exact layouts – to the quarter inch – that integrate plumbing, electric, mechanical, and other design features.
By Phil Hauck, Envision Board of Directors
(following signals of Artificial Intelligence)
Blockchain, originally created to support Bitcoin, now has a life of its own. It is an internet-based software application that: documents a sequence of inputs (blocks) that can’t be changed (so they remain transparent); is private to the specific users; and is virtually impervious to hacking (therefore secure). On average, blockchain stocks have doubled in value during the past year. Blockchain is now used for payment processing in our banking system, for smart contracts, crowdfunding, health information and other transactions requiring security. It has even been used to allow secure voting by remote military personnel, and a few counties have tried it with success for other voting applications. Blockchain can be hacked, but only with great difficulty.