The McPherson Memo: The Summer Madness Edition
McPherson Strategies
McPherson Strategies develops, amplifies and communicates corporate social impact and philanthropic initiatives.
Dear all,
We are mid-summer and hopefully many of you are taking much-deserved holidays away or staycations. I hope that you are maximizing those days off, as rest, relaxation and joy are absolutely mandatory for our health, our happiness and our professional success. As this HBR piece brilliantly explains, taking time off not only helps us individually, but ensures the sustainability and long-term success of our organizations.
If you aren't taking time away, how are you ensuring you recharge and add delight into your daily life? For years, my chosen happiness vehicle has been bringing people together by hosting events—everything from book launches to charity fundraisers, baby showers and more. But I realize that for many of us, hosting can be a terrifying endeavor. Priya Parker , an extraordinary expert on gathering and a best-selling author, shared an Instagram post this week that really spoke to me. In it, she details all the ways each of us can host artful events without making them a big drain on time and money.?
I took Priya's advice on sharing joy and creating meaning during gatherings and organized a dinner party for 12 to celebrate a dear friend and McPherson partner, Meredith Wilson Parfet , landing the opportunity to give a TED Talk this fall at TEDNext . The evening was a delight, but the best parts were a celebration not just of Meredith, but of each guest and what's bringing us joy lately, and all the serendipitous future collaborations that will come out of it.
Here’s hoping you find ways to instill joy and meaningful gatherings into the remaining weeks of summer.
As always,
Susan
ON OUR MINDS
Brought to you this week by Dallas-based Account Supervisor Laura K. Wise , who is excited to travel to South Carolina this weekend for a family reunion.
Political violence is un-American With the attempted assassination of former President Trump, the growing threat of political violence is casting a shadow over the 2024 election. But this threat is not new. Consider past acts of violence against Representative Gabby Giffords, Representative Steve Scalise, Governor Gretchen Whitmer, and former House Speaker Nancy Pelosi, among many others. A December 2021 Washington Post/University of Maryland survey found that 1 in 3 respondents believe violent action against the government can be justified. More recently, an April 2024 PBS/Marist poll showed that 28% of Republicans and 12% of Democrats think violence may be necessary to get the country back on track. This reflects a disturbing trend: more Americans believe violence is a valid way to achieve political goals. McPherson client Leadership Now Project—a membership organization of business and thought leaders taking action to protect and renew American democracy—recently put out a statement condemning the attack at Former President Trump's rally, hot on the heels of a statement calling for President Biden to withdraw his candidacy. With an unpredictable election season and so much at stake on both sides of the aisle, preventing further violence needs to be a priority.
Why are we still not talking about climate change? Earlier this month, Hurricane Beryl tore through the Cayman Islands, Jamaica, and Carriacou in Grenada, the Yucatán Peninsula, and south Texas, breaking records for its overall strength and becoming the first Category 5 storm ever seen in the Atlantic Ocean in June. Scientists say the cause is unusually warm ocean waters, partly linked to El Ni?o. Even though Beryl's rapid development and destructive path garnered media attention, national TV news missed the chance to link the storm to the underlying issue of the rapid intensification: climate change. Only 4% of national TV news segments mentioned climate change in hurricane coverage. Meanwhile, Yale updated its Global Warming’s Six Americas study of the six unique audiences within the American public that each respond to the issue of climate change in their own distinct way. There's been a notable shift in how Americans view climate change: they are more alarmed about global warming than they ever have been, and show increased support for government policies to reduce global warming.
Fearless or fearful? Did you know that Black founders received less than 0.5% of U.S. venture capital funding last year? According to Crunchbase data , this abysmal stat is indeed true. Enter organizations like the Fearless Fund, a Black-woman-founded VC firm that has invested nearly $27 million into 40 startups led by women of color. The Fearless Fund has given the world—not just Black people—businesses like The Lip Bar , Slutty Vegan , and Brown Girl Jane , among many others. In 2023, the Fearless Fund was sued by Edward Blum's American Alliance for Equal Rights, and on June 6, the U.S. Court of Appeals for the 11th Circuit blocked The Fearless Fund from awarding grants exclusively to Black women entrepreneurs. The reverberations of this decision continue to spread across industries and companies large and small. The outcome of the Fearless Fund lawsuit, which seems destined for the Supreme Court, could impact over $200 billion committed to DEI programs and potentially roll back the limited gains these funds have provided to Black founders.
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