Breaking Barriers, Building a Hire Ground is a weekly podcast hosted by Hire Ground Founder and CEO Cloe Guidry-Reed and diversity and inclusion leader Adam Moore. Each week we will have an in-depth discussion with procurement leaders and supplier diversity teams, successful suppliers, relevant associations, historians, and economists. We make the enterprise ecosystem more viable, profitable, and competitive by clearing the path for minority, women, LGBTQ, and veteran-led small businesses to contribute to the global economy as suppliers to corporations.
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Breaking Barriers, Building a Hire Ground is a weekly podcast hosted by Hire Ground Founder and CEO Cloe Guidry-Reed and diversity and inclusion leader Adam Moore. Each week we will have an in-depth discussion with procurement leaders and supplier diversity teams, successful suppliers, relevant associations, historians, and economists. We make the enterprise ecosystem more viable, profitable, and competitive by clearing the path for minority, women, LGBTQ, and veteran-led small businesses to contribute to the global economy as suppliers to corporations.
Breaking Barriers, Building a Hire Ground – Episode 156: Dr. Janelle Williams on How to Close the Wealth Divide
Breaking Barriers, Building a Hire Ground
50 minutes 24 seconds
2 years ago
Breaking Barriers, Building a Hire Ground – Episode 156: Dr. Janelle Williams on How to Close the Wealth Divide
Dr. Janelle Williams is the co-founder and CEO of Atlanta Wealth Building Initiative, a catalytic nonprofit that seeks to build Black wealth through community wealth-building strategies. Committed to advancing investments and policies that increase opportunities for disinvested communities, Janelle has led several strategies for the Federal Reserve Bank of Atlanta and the Annie E. Casey Foundation to advance inclusive and thriving communities. She has also served as a congressional fellow in the U.S. House of Representatives. Janelle holds a doctorate in International Family and Community Studies from Clemson University, a Master’s degree in Public Administration from the University of Georgia, and a Bachelor’s degree in Psychology and Sociology from Florida Memorial University.
Janelle joins us today to discuss the wealth divide and how to close it. She explains why the wealth divide is not a simple gap, but a deep-seated divide perpetuated by historical injustices. She presents data that highlight the wealth disparities between Black and White households in Atlanta and across the nation. She shares AWBI’s efforts to close the wealth divide and shares their projects, such as the 1,000 Black Businesses Campaign and the Black Community Wealth Network. Janelle also emphasizes the need to disaggregate data by race and ethnicity, especially for Minority Business Enterprises, and underscores the importance of solidarity and collective action in addressing economic inequality.
“A divide is something intentionally created. We have to constantly acknowledge the root causes that not only created this divide, but perpetuate it.” - Dr. Janelle Williams
This week on Breaking Barriers:
Janelle’s background and AWBI’s mission
Her path to working in economic justice
Love and justice and the value of active engagement in building an equitable society
The social awareness of today’s generation
Understanding the wealth divide
The Black/White wealth gap in Atlanta
How enslaved people were used as collateral
How slave labor has been a constant driver of economic growth in the United States
Making intentional investments in Black businesses in high-growth industries
Distinguishing income-generating models and wealth-building vehicles
Thinking of wealth beyond the frames of assets minus liabilities
The structural barriers around Black community wealth
The role of partnerships and collaboration in addressing economic justice
Data in addressing wealth disparities and the value of community-based participatory research in the process
Disinvestment in supplier diversity
How corporate America can leverage resources to ensure supplier diversity and distribute wealth equitably
Why corporations need to incentivize joint ventures for Black and other minority businesses
Education and workforce development in the local economy
AWBI’s rebranding strategy and plans for scaling its impact beyond Atlanta
Connect with Dr. Janelle Williams:
Atlanta Wealth Building Initiative
Atlanta Wealth Building Initiative on LinkedIn
Atlanta Wealth Building Initiative on Instagram
Atlanta Wealth Building Initiative on Facebook
Atlanta Wealth Building Initiative on Twitter
Atlanta Wealth Building Initiative on YouTube
Dr. Janelle Williams on LinkedIn
This podcast is brought to you by Hire Ground
Hire Ground is a technology company whose mission is to bridge the wealth gap through access to procurement opportunities. Hire Ground is making the enterprise ecosystem more viable, profitable, and competitive by clearing the path for minority-led, women-led, LGBT-led, and veteran-led small businesses to contribute to the global economy as supplier...
Breaking Barriers, Building a Hire Ground
Breaking Barriers, Building a Hire Ground is a weekly podcast hosted by Hire Ground Founder and CEO Cloe Guidry-Reed and diversity and inclusion leader Adam Moore. Each week we will have an in-depth discussion with procurement leaders and supplier diversity teams, successful suppliers, relevant associations, historians, and economists. We make the enterprise ecosystem more viable, profitable, and competitive by clearing the path for minority, women, LGBTQ, and veteran-led small businesses to contribute to the global economy as suppliers to corporations.