Business Commons^™

Crafting An Innovation Ecosystem That Works For Working People, Amanda Ballantyne, Patrick Woodall, Katie Corrigan, Edward Wytkind

New England Journal of Public Policy

The rapid pace and expanding scope of technological change is reshaping work and the workplace. These innovations can benefit workers by improving safety, reducing physical or repetitive burdens, or creating new types of jobs. But automation and new technologies can also eliminate workers, deskill occupations, reduce autonomy and job satisfaction, and erode economic stability for working families that contribute to the rising economic and racial inequality. These technologies do not fall from the sky; they are incubated in an innovation ecosystem shaped by public policy and public-research funding that is driven largely by an oligopoly of Big Tech companies and …

Reshaping The Digitization Of Public Services, Christina J. Colclough

New England Journal of Public Policy

Across the world, public services are rapidly being digitized. However, because of poor public procurement supplier contracts, poor laws, and a lack of governance processes and bodies, and because of competency gaps from all parties involved, digitization is happening in a void. As a consequence, harms are caused and rights are violated, threatening the future of quality public services. From the vantage point of public services as a service as well as a workplace, this article discusses potential remedies to ensure that digitalization does not affect the quality of public services as services and as places of employment. It spells …

Collective Bargaining And Digitalization: A Global Survey Of Union Use Of Collective Bargaining To Increase Worker Control Over Digitalization, Eckhard Voss, Daniel Bertossa

New England Journal of Public Policy

This article outlines and collates exemplary clauses from collective bargaining agreements and similar sources, such as guidelines for union negotiators on digitalization in public and private services. Based on the evaluation of agreements and single clauses and their mapping along seven key dimensions of workers’ rights and protection as regards digital technology in the workplace, the research shows that collective bargaining provides clear added value in the absence of legal provisions and by complementing and tailoring existing regulation to sectoral and workplace specificities, new emerging risks, and other challenges. The research that will feed into an online database on the …

Katrina And The Philanthropic Landscape In New Orleans, Ludovico Feoli

New England Journal of Public Policy

This article explores the impact of Hurricane Katrina on the philanthropic landscape in New Orleans, drawing on the perspective of participants in the field—staff and board members of community, local, and national foundations and key nonprofits—who were surveyed or interviewed for this purpose. It does not offer a definitive statement about the disaster as it pertains to philanthropy; nor does it consider the crucial leadership role of the many individuals involved in the recovery process, even though that role often intercepted with the philanthropic sector. Instead, it seeks to identify general trends that emerge from a qualitative assessment of the …

Money And Morality: Pathways Toward A Civic Stewardship Ethic (2012), Marcy Murninghan

New England Journal of Public Policy

Based on a plenary presentation made at the Ninth Harvard University Forum on Islamic Finance, held at Harvard Law School in 2010, less than two years after the 2008 financial crisis, this article argues for the restoration of ethical values and civic commitments in capitalism and economic enterprise, drawing on traditional religious, theological, and philosophical principles regarding the civic moral obligations associated with building and managing wealth. The article is divided into three main parts. It begins with an overview of reform measures emanating from the financial debacle, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, and an …

Corporate Civic Responsibility And The Ownership Agenda: Investing In The Public Good (1994), Marcy Murninghan

New England Journal of Public Policy

This article seeks to provoke broader public discussion about ways in which human and ecologic dignity, prosperity, and the civic ideal can be advanced through a revitalized and principled ownership agenda that features greater levels of corporate accountability and civic virtue. It draws from portions of what then was called an “Occasional Paper,” part of a series emanating from the early days of the University of Massachusetts Boston’s McCormack Graduate School of Policy and Global Studies. Written in 1994, it introduces a new paradigm for corporate governance called the “corporate covenant,” which casts ownership within the framework of citizenship. These …

The Accountability Web: Weaving Corporate Accountability And Interactive Technology (2010), Marcy Murninghan, Bill Baue

New England Journal of Public Policy

This article is a synopsis of and set of recommendations emerging from a research project commissioned in 2009 and culminating in a working paper published in May 2010 by the Corporate Social Responsibility Initiative of the Mossavar–Rahmani Center for Business and Government at Harvard University’s John F. Kennedy School of Government. The project was undertaken in the early days of social media and online interaction. Authors Bill Baue and Marcy Murninghan were designated as research fellows to take an in-depth look at implications produced by the interface between newly emerging interactive technology—at that time called “Web 2.0”—and corporate accountability. The …

Equity Culture And Decent Work: The Case Of Amazon (2017), Marcy Murninghan

New England Journal of Public Policy

Every year, publicly traded companies hold annual meetings at which management presents a summary of the year’s accomplishments and shareholders vote on a slate of ballot issues, referred to as “proxy resolutions,” that are placed there by either management or shareholders. As in public life, in theory this form of corporate governance relies on a division of authority and checks and balances among shareholders, the board of directors, and company management. In theory, shareholders function much like registered voters, boards serve as their elected representatives, and management operates much like the executive branch to carry out the mandates accorded to …

Trusting Harvard: The Cost Of Unprincipled Investing (2014), Marcy Murninghan, Robert A.G. Monks

New England Journal of Public Policy

This article provides a framework for answering two questions: How can Harvard fulfill its fiduciary obligation as an investor in ways that advance its beliefs, values, and commitments? How can Harvard take the lead in creating a curriculum for students, professionals, and the general public about the civic moral obligations of wealth? While aimed at Harvard, the issues covered are relevant to other universities and tax-exempt institutional investors, because they have a special duty to advance the public interest. Commissioned and co-authored by the noted corporate governance and responsible ownership guru Robert A. G. Monks, it calls on Harvard to …

Introduction, Marcy Murninghan

New England Journal of Public Policy

America faces a reckoning, a crucible of what Reinhold Niebuhr observed more than eighty years ago. Our democratic principles and traditions are imperiled by the power of financial oligarchs and unfettered money flows, which have contributed to massive inequality that, in turn, has given rise to political unrest and a sense of cultural unmooring.

The articles presented here are both descriptive and normative, setting forth a complex social problem with seemingly bottomless proportions and then offering a design or set of remedial actions to alleviate them. Drawing on my professional experience going back to the mid-1970s, I wrote these pieces …

Improving Impact: Collaborative Multi-Party, Multi-Sector Engagement (2011), Marcy Murninghan

New England Journal of Public Policy

Most people do not realize the full implications of the fact that we live now in an era marked more by networks than hierarchies. Nowadays, power is distributed across boundaries and borders, rather than concentrated in one place—be it a physical setting, demographic group, industrial sector, or professional discipline. Thanks to systems thinking and the ubiquity of digital tools and platforms, there are many more opportunities for lawmakers, policymakers, and economic institutions to collaborate with concerned citizens on critical public issues, thereby breaking the grip of lobbyists, third-party intermediaries, and the power elite. On top of that are recent breakthroughs …

A Framework For Good Ownership And Good Governance (1999), Marcy Murninghan

New England Journal of Public Policy

This article encapsulates a more extensive analysis that was commissioned by The Boston Foundation’s board of trustees in December 1998 to investigate its investment practices and identify ways in which its asset management decisions might be brought into fuller alignment with its charitable purpose—without conceding earnings or undermining its philanthropic fiduciary responsibility. The undertaking was spurred by the leadership of Robert A. Glassman, co-founder and co-chair of Wainwright Bank and a trustee of The Boston Foundation (TBF) since 1985, who took the reins from David Rockefeller Jr. in 1995 as chair of TBF’s investment committee. The research project built on …

Common Sense And Civic Virtue: Institutional Investors, Responsible Ownership, And The Democratic Ideal, Marcy Murninghan

New England Journal of Public Policy

On matters of governance, the people’s good is the highest law, as Cicero said two millennia ago. Unfortunately, these days personal greed has trumped the people’s good, enflaming the current governance crisis affecting our public, nonprofit, and private spheres. The spate of corporate governance scandals over the past several years jeopardizes equity investments, harms beneficiaries, and weakens global capital markets. The remedy is not just more laws and regulation but revitalization of the system of corporate checks and balances that already exists. To get better corporate governance, corporate shareowners, especially institutional investors, need to assert their rights and responsibilities more …

Climate. Scrubbing The Sky: Climate Change And The Productive Center, Marcy Murninghan

New England Journal of Public Policy

This article sketches out the efforts of government, business, and civil society to address the problem of climate change. It identifies some of the key initiatives underway — including proposals for more stringent caps on greenhouse gas (GHG) emissions; the creation of a market-based trading system that provides incentives and profits for entities that reduce their GHG emission levels; more robust research and development of alternative energy sources as well as new approaches to traditional ones; and continued public education — and portrays the bipartisan, collaborative, multilateral nature of saving Mother Nature. While acknowledging that ultimately these efforts may be …

We've Got The Power: Rise Of Women Entrepreneurs, Phyllis Swersky, Aileen Gorman, Jessica Reardon

New England Journal of Public Policy

The authors address women’s recent entrepreneurial successes in local, national, and international settings, offering, as a case study, one nonprofit organization whose mission is to support women entrepreneurs and help them grow: The Commonwealth Institute. In examining The Commonwealth Institute, the authors provide insight into the challenges facing some of the women entrepreneurs they work with in Massachusetts. They also offer some strategies to make sure women continue to make a significant contribution to New England’s economy.

The New Division Of Labor In Massachusetts, Daniel Georgianna, Corinn Williams

New England Journal of Public Policy

In The New Division of Labor, Levy and Murnane describe a world of work re-shaped by computers where workers whose jobs can be reduced to steps based on rules are replaced, and where jobs that require judgment or negotiation are enhanced. The authors test the hypothesis of Levy and Murnane’s work with a close look at Fall River and New Bedford. These cities, with high unemployment and low rates of educational attainment, show patterns of job replacement by computers as compared with Massachusetts as a whole — a wealthy state with high rates of education, which shows a pattern of …

Software And Internet Industry Workers: Implications For The Future Of Work In Massachusetts, Sarah Kuhn, Paula Raymann

New England Journal of Public Policy

Those at the leading edge of the new economy — workers in software and Internet workplaces — can tell us something about the future of work in our new world. The authors have conducted a National Science Foundation-funded study of women and men working in IT. They find that while pay and the opportunity to do interesting work are major attractions, challenges facing this workforce include stress, difficulties balancing work and family, and concerns about employment security. While women and men reported similar attitudes and experiences in many areas, in others there were still significant differences.

Editor's Note, Padraig O'Malley

New England Journal of Public Policy

The editor's note at the beginning of this journal briefly speaks about each article within. The author touches upon learning, the challenges to an education, the effects of the growth of technology, how world politics interfere with economy, and how employment is affected by technology.

American Warfare In The Twenty-First Century, Paul R. Camacho

New England Journal of Public Policy

Over the last several years there have been a number of calls for the development of a new theoretical doctrine to govern the force structure of the United States military. The last big change in doctrine occurred in the post-Vietnam era. It involved not simply the change to the all-volunteer force, but an abandonment of escalation brinkmanship and open-ended missions. The subsequent Powell Doctrine demanded the use of overwhelming force and clear objectives and boundaries for military intervention. As the new millennium approached, the deficiencies of the Powell Doctrine became apparent — the multilateral approach of coalition building and the …

Common Sense And Civic Virtue: Institutional Investors, Responsible Ownership, And The Democratic Ideal, Marcy Murninghan

New England Journal of Public Policy

On matters of governance, the people’s good is the highest law, as Cicero said two millennia ago. Unfortunately, these days personal greed has trumped the people’s good, enflaming the current governance crisis affecting our public, nonprofit, and private spheres. The spate of corporate governance scandals over the past several years jeopardizes equity investments, harms beneficiaries, and weakens global capital markets. The remedy is not just more laws and regulation but revitalization of the system of corporate checks and balances that already exists. To get better corporate governance, corporate shareowners, especially institutional investors, need to assert their rights and responsibilities more …

Raising Spirit In Institutional And Public Life, Jeff Coolidge

New England Journal of Public Policy

This article covers spirit and its role in invigorating and maintaining our institutions. It tracks the origin of spirit and describes the role of spirit in organizations along with its manifestations: vision and mission, each of which, the author explains, must be clearly defined and kept separate to maintain organizational spirit and effectiveness. He makes the case that spirit can be assessed and nurtured and considers it important for funders and other interested parties to do so. Such assessment must identify elements that could corrupt this spirit. While focusing on nonprofit institutions, he demonstrates where spirit and its effects are …

The Mechtech Program: An Education And Training Model For The Next Century, Robert Forrant

New England Journal of Public Policy

The small-firm metalworking industry is routinely characterized by cutthroat competition and fierce privacy. Yet, since the late 1980s, the members of the western Massachusetts chapter of the National Tooling and Machining Association have participated in an education, training, and technology diffusion network characterized by a high degree of interfirm cooperation. Hundreds of workers and managers have take part in group training sessions and seminars. The reconstruction of the skill base is central to the MechTech apprenticeship program through which apprentices spend four years in participating firms, exiting the program as licensed machinists, tool and die makers, or moldmakers. In an …

Is Boston Becoming A Branch-Plant Town?, Lawrence Franko

New England Journal of Public Policy

A decade ago, Boston appeared to be emerging as a headquarters city for a large number of world-class enterprises. Notwithstanding the recovery from the early-1990s recession, and a thriving entrepreneurial economy of business acorns, Boston today seems on its way to becoming largely a branch-plant town. None of the 1980s Massachusetts Miracle saplings or the more recent acorns have grown into mighty corporate oaks headquartered here. This article discusses the risks of having our current prosperity increasingly based on branch plants acquired or established by firms centered elsewhere. Its concern is based on the proposition that having big-business corporate headquarters …

Access To Capital And Technical Assistance, Richard J. Ward

New England Journal of Public Policy

This article summarizes and analyzes the views of select leaders in business, labor, banking, the government, and academia with regard to the constraints, obstacles, and recommendations to achieve economic growth in Massachusetts. The role of the state government in addressing these issues receives special attention. Access to capital and technical assistance had been regarded by many as the key constraint, particularly during the recession of the early 1990s. The author analyzes inconvenient government systems, bottlenecks, and bureaucracy as throttling the flow of capital to small-business entrepreneurs. The analysis concludes, however, that unless the state cum federal government finds ways to …

Improving Education And Training For Economic Development, Joan Mcrae Stoia

New England Journal of Public Policy

This article explores the connections between workforce quality and economic prosperity, as well as the role of the Massachusetts education and training system, in developing and preserving that quality and supporting the state's key industries. It includes a review of the most recent employment trend and projection data available from the Massachusetts Department of Employment and Training, information about several business-based workplace education models, and a discussion of the specific education and training needs of workers across the age/skill continuum. For the purpose of this discussion, the education and training system are broadly defined to include existing public, private, and …

The Entrepreneurial State Goes To Europe: State Economic Policies And Europe 1992, John J. Carroll, William E. Hudson, Mark S. Hyde

New England Journal of Public Policy

This article investigates state-level export programs in response to the emerging new economic and political regime of Europe 1992. Little related export promotion activity is found, even in states reputed to have the most active entrepreneurial policies. The authors conclude that states have few resources to invest in export promotion and are inappropriate jurisdictions around which to organize such policy, despite the much touted "entrepreneurial state."

Compelled To Speak: Women Confronting Institutional Racism, 1910-1950, Sharlene Voogd Cochrane

New England Journal of Public Policy

Women within and outside the YWCA have been able to move this organization to confront its own racism. Although the strategies and goals for this endeavor took several decades to work out, the organization moved more quickly than other similar institutions. One reason for this movement was the power of women speaking out in an institution that encouraged them to make connections between their faith and their daily lives. Their strategy was a profound commitment to connecting talk and action. They constantly set a context for and educated others to see connections between YWCA rhetoric, ideals, and practices.

The article …

Public Benefit And Private Interest: Chronicles Of The Hyde Park Paper Mill, Jeffrey E. Lindenthal

New England Journal of Public Policy

Until it was mothballed and put up for sale in December 1987, a small paper mill in Hyde Park, a neighborhood on the outskirts of Boston 's city limits, was the oldest continuously operating paper mill in the United States. This particular plant closing occurred at a time manufacturing employment in the state had fallen off precipitously. It also coincided with an awareness among some policymakers that recycling programs were urgently needed to combat a garbage glut, in Massachusetts and states across the nation, attributable to an increasingly wasteful society and dwindling landfill capacity. Efforts to reopen the Hyde Park …

Editor's Note, Dawn-Marie Driscoll

New England Journal of Public Policy

This issue of the New England Journal of Public Policy had many beginnings and, like most efforts in which a theme is slowly resolved, probably should not have an ending.

The discussion of this theme started several years ago when a group of senior Boston businesswomen talked about the need and value of meeting on a semi-regular basis. Their purpose would be to focus discussions on a narrow but important issue — the economic advancement of women.

The criteria for these informal meetings quickly fell into place. All the women who comprised the group would be drawn from within the …

Moving In The Economic Mainstream, Brunetta R. Wolfman

New England Journal of Public Policy

The requirements for economic mobility in a postindustrial society present many barriers for low-income women. Social policy and program goals for improving their opportunities should focus on educational, training, and entrepreneurial activities using individualized assessment, counseling, and academic and occupational advisers. Social consensus needs to be achieved in order to establish viable programs that address women's total needs rather than approaching the problem with fragmented, uncoordinated solutions.