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George and Arnold
are dedicated to their community and they give their employees the opportunity
to work in the community too.
All of us need an
enivronment in which to exist. When you step back and see how you will grow
your business, it probably has much to do with your local economy, the school
systems, the tax structure, the traffic patterns and dozens of details that you
as a business owner could influence.
Topic for
Discussion: How do Arnold and George work on the big picture of their
business?
Answer: The
two are visionary. Their goal has always been to create work in the old
neighborhood that they grew up in. Rather than assume it would stay
unattractive, they bought buildings to operate in and over time they are
gradually, block by block, making improvements. They are not only improving the
real estate. They are also working as volunteers at the local elementary school
to provide male role models to children who do not have a father at home.
Topic for
Discussion: Why is what they are doing so powerful?
Answer: It
changes everything for them and their employees. Diversified Chemicals is not
about making money, it is about making lives better. The leadership
demonstrates this by the way they spend their time and this serves as a
positive force that is not seen but felt. It makes these men attractive. It
makes customers happy to do business with them and employees happy to work for
them.
Topic for
Discussion: How can and should small business owners be involved in
community/urban re-vitalization?
Answer:
Community development is economic development and economic development is good
for small business. Community development creates jobs and services
in
other words, new customers for us!
Think of the
poorest area in your region. Now imagine homes, shops, restaurants, theaters,
and small businesses. That transition is community development. Many of the
currently economically depressed areas of our country, particularly in urban
areas, were thriving communities in the 40s and 50s. Lack of new
construction and the flight to the outlying suburbs are the two most common
reasons for neighborhood decay.
Often there are
many residents of other communities who would love to come home if only the
area could be revitalized. The conundrum of community development is nobody
wants to live in an area with no grocery stores, restaurants or dry cleaners
and nobody wants to open a grocery store where nobody lives. Community
development is NOT just razing dilapidated houses and building new homes,
its increasing the quality of peoples lives. Revitalizing a poor
neighborhood without displacing its current residents, termed gentrification,
is the biggest challenge and the biggest risk in community development.
How can you get
involved? Community development is managed by community development
corporations or CDCs. There are hundreds of them throughout the country.
Many are faith-based, almost all are faith-driven. They are understaffed and
undercapitalized. You can help by volunteering your time and expertise and by
making cash contributions. Getting involved in community development results in
more than the social service benefits of volunteering for a good cause,
its smart business!
You think about
it: What is the ecosystem in which you operate? What impact do you have on
it now? What action can you take to improve it?
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