Rapid Response: A new playbook for new times, w/Ford Foundation president Darren Walker

Masters of Scale

WaitWhat

Entrepreneurship, Business, Management, Reid Hoffman, Mindset, Diversity & Inclusion, Jeff Berman, Bob Safian, Startups

4.6 • 4.4K Ratings

🗓️ 2 July 2020

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

"This was like 1918, 1929 and 1968 in one week," says Darren Walker, president of the Ford Foundation. With the pandemic, economic crisis, and civil unrest all coming together after George Floyd's death, Walker found himself flooded with calls from CEOs struggling for how to respond. Walker's advice mixes clear-eyed messages — denying the trauma borne by communities of color is no longer option — with optimism about the opportunities ahead. At the Ford Foundation, they've accelerated giving and even exceeded their own KPIs. With more leaders dedicated to making a positive impact, he says, the wind is changing, for people of color and for America. Interviewed by editor Bob Safian.

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Transcript

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0:00.0	Hi listeners, it's Chris Goethea, producer on Masters of Scale.
0:03.2	Quickly dropping in with an invitation for you to join us at an upcoming strategy session with Reed,
0:07.9	along with a few very special guests. During this live virtual event, you'll hear some game-changing
0:14.0	wisdom and insights that will help you make smart and financial decisions for your business.
0:18.4	So take a second to save the data in your calendar for Monday, May 8th at 3.30pm Pacific,
0:23.2	and register at mastersofscale.com forward slash strategy session to receive your link to join.
0:29.6	We'll be tackling some of the most top of mind questions for entrepreneurs,
0:32.8	with a special focus on how your business can thrive even amidst an economic downturn.
0:38.0	It's a really important topic, and you'll hear timely strategic insights that will help set you
0:42.8	and your business up for success. So go to mastersofscale.com forward slash strategy session to
0:49.2	register for free. Now on to the show.
0:52.9	This was like 1918, 1929, and 1968 in one week. It all came together, a pandemic, a financial crisis,
1:06.6	and civil unrest. It was national heartbreak because racism in its crudest form being killed by
1:18.4	someone who's remitted is to protect, demonstrated that deniability for white people was no longer an
1:26.2	option when it comes to racism. I am very hopeful about the future because I see the wind changing,
1:36.0	I see people who are successful, who are questioning the systems that propel their success and how
1:45.6	fair those systems and structures were and are what we've got to do in this country is get to
1:52.8	the business of ensuring that opportunity abounds. That's Darren Walker, president of the Ford
2:00.4	Foundation. Many philanthropists have felt forced to pull back on their giving amid the global
2:06.0	pandemic with endowments crimped by declining investment markets. Many high net worth individuals
2:12.1	have done the same, but Darren has taken a different tack responding to the heightened need in this
2:17.6	moment by committing to distribute even more than usual. He's following a novel tactic,
	...

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