Saving Money, Increasing Productivity , and Re ‐ entry After Release from Prison “If you plan on being anything less than you are capable of being, you will probably be unhappy all the days of your life." Abraham Maslow Contact Information Shae Taylor Founder, Managing Partner Human and Social Capital Institute P: 208 ‐ 350 ‐ 0980 E: hsci.staylor@gmail.com 1
Who am I, and Why did I create the Human and Social Capital Intelligence Network? Education Internships Experience 4 Years ‐ Business Partner Human and Social Intelligence Network ‐ Introduction 2
I created the Human and Social Capital I ntelligence Network , as a result of the challenge given to me from Utah Refugee Amabassador Thurl Bailey. He challenged me to create a solution to help get the 50,000 Refugees in the State of Utah (now going on five generations of welfare) a new vision for their future and off of welfare. Human and Social Intelligence Network ‐ Introduction 3
To do that, I had to come up with a new way to define and use Human and Social Capital The 3 Major Organizational Catalysts “Human Capital, the education, experience and abilities of an employee + Social Capital, the social relations between workers that produces trust = Knowledge Capital, the ability for an organization to innovate and create new value Social capital is developed and fed by the type and frequency of workers’ interactions. The more they have, the greater the social capital and level of trust.” (Bromberg, J., 2013) Simple improvements in these two areas can boost your organization’s productivity and save money. Human and Social Intelligence Network ‐ Introduction 4
The Human and Social Capital Intelligence (HSCI) Network is built around the lifetime work of individuals like the following. Unfortunately, their work is often undervalued in society because of challenges with marketing and distribution. The HSCI Network brings pieces of their greatest contributions to life in an innovative fashion. It is a cutting-edge human resource tool. William John Dr. George Dr. Donald O. Stedman Marcus Marston Holland Gallup Clifton Buckingham Graham Chris Dr. Laurie Ed Napoleon Sharon L. Abraham Gardner Schreiner Smart Hill Lechter Maslow Thurl Leigh Barry Joseph G. Tom Kevin Steinberg Bailey Rath Conchie Lake James Human and Social Intelligence Network ‐ Introduction 5
Who has heard of these programs? Human and Social Intelligence Network ‐ Introduction 6
Independently, these programs are of less value than if they are used together within the HSCI Network. What are you good at and what will threaten your success? The HSCI Network narrows a candidate’s options from nearly 1,000 jobs to 25 potential jobs that match who they are as a person. At the end, they have an online profile showcasing who they are and where they could best apply their talents in the workplace. This can be used to help task existing employees in roles more suited to them, select best candidates, and retain new hires. 1,000 25 Human and Social Intelligence Network ‐ Introduction 7
The statistics show that Americans don’t know what they are good at or where they fit in. Because they don’t, social and welfare costs for individuals, employers, and communities is staggering. 80% of American workers say they don’t get to do what they are good at each day = 252,000,000 (Gallup, • 2014) 42% of the population declaring that they are 'struggling‘ = 132,000,000 (Gallup, 2014) • 3% declaring that they are 'suffering‘ = 9,000,000 (Gallup, 2014) • 7% of the American population unemployed = 22,000,000 , and 17% underemployed = 53,000,000 • (Gallup, 2014) 52,000,000 people seeking a change in employment annually in America due to separation from their • companies (Labor Statistics, 2014) Average duration of unemployment climbed to a high of 37.1 weeks (The New York Times, Feb 2011) • 23.1% of Americans were recipients of welfare in 2011 = 73,000,000 (cnsnews, 2014) • 38% of all children 5 and under in the United States were welfare recipients in 2011 = 21,000,000 ( • cnsnews, 2014) 1 in 6 Americans are on food stamps spending approximately $80 Billion in 2013 (SNAP) • Nationwide student loan debt is at an all-time record of $1.2 trillion (The Wall Street Journal) • 71% of all students graduating from four-year colleges had student loan debt ( • Project on Student Debt, 2012) Human and Social Intelligence Network ‐ Introduction 8
71% of all students graduating from four-year colleges had student loan debt (Project on Student Debt, 2012) • Out of the nearly 40,000,000 borrowers, about seven million have defaulted ( 17.5% ) on these student • debts In 2008, over 93,000 youth were incarcerated; costing states an average of $240.99 per day - about $5.7 • billion yearly. In 2008, the United States had between 12 and 14 million ex-offenders of working age. Because a prison • record or felony conviction greatly lowers ex-offenders’ prospects in the labor market, we estimate that this large population lowered the total male employment rate that year by 1.5 to 1.7 percentage points. In GDP terms, these reductions in employment cost the U.S. economy between $57 and $65 billion in lost output… I n 2008, about one in 33 working-age adults was an ex-prisoner and about one in 15 working-age adults was an ex-felon . An extensive body of research has established that a felony conviction or time in prison makes individuals significantly less employable. It is not simply that individuals who commit crimes are less likely to work in the first place, but rather, that felony convictions or time in prison act independently to ‐ lower the employment prospects of ex-offenders. (Schmitt, J. & Warner, K. 2010. Ex offenders and the Labor Market) Judge & Hurst during their 2008 study at the University of Florida found a small window to boost confidence • and increase job satisfaction for life (14-23 years old) 53% of the young American students surveyed in 2010 (aged 10-18) are hopeful, possessing numerous ideas • and abundant energy for the future. The remaining students are confused (31% ) or discouraged (16% ) , lacking the ideas and energy they need to navigate problems and reach goals (Gallup, 2010) On a national level, over 3 million drop out annually. • Human and Social Intelligence Network ‐ Introduction 9
Unfortunately, we keep duplicating work over and over again within the private and public sectors in an attempt to get people in the right jobs. Employers are tired of turnover and receiving dozens of applications from unqualified applicants. Applicants are tired of adjusting resumes and cover letters, and taking similar types of assessments, over and over again. The Human and Social Capital Intelligence Network eliminates these frustrations. Do you want to help get these statistics heading in the right direction within your city or county? Do you want to reduce conflicts in your workplace? Do you personally want less stress? Do you want to see more people (young and old) from Idaho achieve their potential? HSCI, LLC Human and Social Intelligence 10 Introduction Network
The Real Problem keeping our communities from progressing as they should is not undiscovered innovations, it’s poor implementation (known as strategies, execution, and trust, according to Stephen M.R. Covey (Strategy x Execution)Trust = Results Society FUTURE Countless programs exist with evidence ‐ based research status but instead of identifying better ways to implement them across communities in schools, welfare, corrections, etc. we keep pushing for more and more innovation and then to have each new innovation reach evidence ‐ based status. Society NOW The following programs are evidence-based . The HSCI Network will help you integrate them effectively into your communities. This is an implementation problem…not a discovery problem. Human and Social Intelligence Network ‐ Introduction 11
“Whether it’s high or low, trust is the ‘hidden variable’ in the formula for organizational success.” Stephen M.R. Covey (S x E)T = R ([STRATEGY x EXECUTION] multiplied by TRUST equals RESULTS) “You could have good strategy and good execution, but still get derailed by low trust. Or high trust could serve as a performance multiplier, creating synergy where the whole is more than the sum of its parts (Covey, S. , 2006. The Speed of Trust . Free Press).” From The Speed of Trust “While high trust won’t necessarily rescue a poor strategy, low trust will almost always derail a good one.” Stephen M.R. Covey
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