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2018 Gould Award Honors Springfield Empowerment Zone

Posted by Christopher Geehern on Apr 9, 2018 9:08:15 AM

A model collaboration among the City of Springfield, Springfield Public Schools, the Springfield Education Association, teachers, administrators, local philanthropy, and the commonwealth to turn around 11 middle and high schools in Springfield will receive the 2018 John Gould Education and Workforce Development Award, AIM announced today.

Gould2018Now in its third year and serving more than 5,000 middle and high school students, the Springfield Empowerment Zone Partnership represents a groundbreaking initiative in which individual schools operate with autonomy over hiring, budget, schedule, curriculum, and culture.

Schools in the Zone are overseen by an independent board made up of majority community leaders. It remains part of the district and is accountable to the district and the state under a performance contract.

AIM will present the Gould Award at its Annual Meeting on May 18 at the Westin Waterfront hotel in Boston. Lt. Governor Karyn Polito will keynote the event, which will also include presentation of AIM Vision Awards to philanthropists Bill and Joyce Cummings and the financial services company MassMutual.

“The Springfield Empowerment Zone Partnership is an example of what can happen when teachers and administrators are provided with the freedom and accountability to make schools better for students,” said Richard C. Lord, President and Chief Executive Officer of AIM.

“AIM is pleased to honor a project that brings together city and district leaders, the local teachers union, the school committee, the commonwealth, educators, parents and students in a key economic area of Massachusetts.”

The Springfield Empowerment Zone has generated bipartisan support on both the state and local levels. Governor Charlie Baker highlighted the initiative in his State of the State speech in January.

“These zones…allow educators to make the changes to provide a better learning environment for our kids,” Baker said.

Meanwhile, State Senator Eric Lesser, a Democrat whose district includes parts of Springfield, said “Springfield has been able to avoid a state takeover and create a model for getting everyone talking to each other and all the stakeholders working collaboratively.”

The Board of Directors that oversees the Empowerment Zone is chaired by Chris Gabrieli, chief executive of the education nonprofit Empower Schools. The board also includes Mayor Sarno, School Superintendent Dan Warwick, School Committee Vice Chair Chris Collins, and prominent community members John Davis, Senior Trustee at the Davis Foundation; Beverly Holmes, a former MassMutual executive and now active church pastor; and James Morton, President and CEO of the YMCA of Greater Boston.

The Springfield Education Association, the union representing teachers in the city, negotiated a separate agreement for educators at schools included in the Empowerment Zone.  Union and Zone leaders maintain an active partnership in their efforts to improve education and create collaborative environments within Zone schools. 

Local and state officials and educators caution that it is too early to declare success, but they are encouraged by improving test results and collaborative alignment among district leadership, unions, school committee members, educators, school leaders, and more.

Superintendent Warwick reflected on the progress of the Zone saying “what I see going on in the schools – the energy, the excitement, the buy-in from students – you can already see these schools have improved and they’re going to continue to improve because of the structures that are being put in place”.

The Gould Award was established in 1998 to recognize the contributions of individuals, employers, and institutions to the quality of public education and to the advancement, employability, and productivity of residents of the Commonwealth.

In 2000, the award was named after John Gould, upon his retirement as President and CEO of AIM, to recognize his work to improve the quality of public education and workforce training in Massachusetts.

Past recipients of the Gould Award include; the late Jack Rennie, Chairman and Founder of the Massachusetts Business Alliance for Education, Middlesex Community College, Gordon Lankton, President and CEO (retired), NYPRO Inc., William Edgerly, Chairman Emeritus, State Street Corporation, Northeastern University, The Davis Family Foundation, Intel Massachusetts, EMC Corporation, IBM, David Driscoll Commissioner (Retired) Massachusetts Department of Education, State Street Corporation and Year UP Boston, Beth Israel Deaconess Medical Center, Massachusetts Manufacturing Extension Partnership, Brockton High School, Manufacturing Advancement Center – MACWIC Program, Christo Rey Boston High School, CVS and Massachusetts Rehabilitation Commission and Morgan Memorial Goodwill Industries. 

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Topics: AIM Annual Meeting, Education, Gould Education and Workforce Training

AIM Honors Bill and Joyce Cummings, MassMutual with 2018 Vision Awards

Posted by Christopher Geehern on Apr 2, 2018 9:16:17 AM

A couple giving away its fortune to charity and a distinguished financial services company adding jobs from Springfield to Boston will be honored with 2018 Vision Awards from Associated Industries of Massachusetts (AIM).

AIM will honor Bill and Joyce Cummings and Cummings Foundation of Woburn and MassMutual of Springfield at the association’s Annual Meeting on May 18 in Boston.

Bill Cummings, the founder of Woburn-based Cummings Properties, and his wife Joyce are among the most prolific philanthropists in Massachusetts, donating more than $21 million each year to organizations working in human services, education, healthcare, and social justice. The Cummings are also signatories to the Giving Pledge, the organization founded in 2010 by billionaires Warren Buffett and Bill and Melinda Gates to encourage people to donate their wealth to philanthropic causes or charities.

MassMutual, a cornerstone of the western Massachusetts economy since its founding in 1851, recently announced plans to move 1,000 workers into a new $240 million office in the Seaport District of Boston and another 1,500 new workers to its headquarters in Springfield. The company said the move is part of a broader strategy to consolidate operations in its home state and give the company increased access to a growing pool of tech and financial industry workers.

The AIM Vision Award recognizes companies, organizations and individuals who have made unique contributions to the cause of economic opportunity in Massachusetts. The award reflects AIM’s mission to stand for jobs, economic prosperity, innovation and a government that acknowledges that the private sector has the unique responsibility to create the common wealth for the people of Massachusetts.

“The 4,000 member-employers of Associated Industries of Massachusetts are delighted to honor two people and one company who illustrate and define the value that free enterprise brings to the larger society,” said Richard C. Lord, President and Chief Executive Officer of AIM.

“Bill and Joyce Cummings set the standard for philanthropy in Massachusetts and have built the idea of giving back into the DNA of their business. MassMutual is a 167-year-old company that continues to grow and create significant economic opportunity for the citizens of Massachusetts.”

Bill and Joyce Cummings

CummingsThe Cummings donate millions to charity each year through several programs of Cummings Foundation:

  • $100k for 100 – A grant program that funds small and medium-sized Massachusetts nonprofits in Middlesex, Essex, and Suffolk counties. Each year, hundreds of organizations vie for invitations to apply for one of the 100 grants of $100,000 each to be awarded locally.
  • Sustaining Grants - Recognizing nonprofits' need for long-term financial support, $10 million in Sustaining Grants go annually to former $100K for 100 winners whose grants are now in their final year.
  • Institute for World Justice – Uses education to help prevent future genocides and other intercultural violence and injustices; and aids in the recovery and rebuilding of Rwanda. The Foundation pledged the first $15 million toward the planning and creation of the first phase of  University of Global Health Equity in Butaro, Rwanda
  • Tufts University Cummings School of Veterinary Medicine – The Foundation maintains a long-standing partnership with New England’s only veterinary school—providing support and financial resources to sustain the graduate school’s global reputation for excellence. The partnership includes a $70 million commitment from the Foundation, the majority of which has been fulfilled.

Bill Cummings says he learned both the value of hard work and the importance of generosity from his parents. His father painted houses, raising a family in a one-bedroom apartment atop a liquor store and a taxi stand on the outskirts of Boston. His mother was a neighborhood fixture, building friendships as she knocked on doors to collect coins for large charities that once operated that way.

He spent part of his young years washing windows for his neighborhood’s storekeepers, and for three summers as a young teen he sold ice cream from the back of his bike at a nearby Ford Motors assembly plant. Later he purchased and sold dozens of small boats using Boston Globe classified ads. Eventually, he grew Cummings Properties into a 500-person company with a debt-free portfolio of 11 million square feet of commercial real estate.

“My friend Bill writes that he rejects the phrase ‘give until it hurts’ because he and his wife, Joyce, think the better advice is to ‘give until it feels good.’ It’s a fitting observation from a man whose extraordinary business success is outmatched only by his commitment to lifting up those around him,” said Melinda Gates, Co-Chair of the Bill and Melinda Gates Foundation.

MassMutual

MassMutual.FINALMassMutual is a leading mutual life insurance company that offers a wide range of financial products and services, including life insurance, disability income insurance, long-term care insurance, annuities, retirement plans and other employee benefits.

The company is one of the largest businesses based in Massachusetts, with $771 billion in assets under management and $670 billion of life insurance protection in force (as of year-end 2017).

MassMutual employs some 3,000 people in Springfield and approximately 7,300 people globally.

The company reached number 77 on the FORTUNE® 500 list in 2017 and was named a FORTUNE Most Admired company for 2018 (a distinction held for the last 18 out of 20 years), topping the list for innovation and the top-ranked mutual company in the life and health insurance industry category. 

MassMutual was also recognized as one of the 2018 World’s Most Ethical Companies for the fifth consecutive year by the Ethisphere Institute. The company was featured on the Human Rights Campaign’s Corporate Equality Index for the eighth time in the last decade in 2018, earning a perfect score of 100.

Perhaps no company has done more for Springfield and western Massachusetts over a longer period of time while forging more far-reaching business success than MassMutual. From its recent $1 million commitment to expand a support program that addresses students’ out-of-school challenges to promoting inclusive entrepreneurship through a partnership with Valley Venture Mentors, MassMutual has provided a compelling model for companies seeking to balance the demands of a global marketplace with the needs of its hometown.

In addition to strengthening education in Springfield, through the MassMutual Foundation, the company invests in projects, programs and organizations focused on strengthening the city of Springfield through revitalization, development, and social capital.  Signature investments in the region include $15 million of support over 10 years to the University of Massachusetts Amherst to drive education and economic opportunity in western Massachusetts, $1 million to the Naismith Memorial Basketball Hall of Fame’s Capital Campaign to revitalize the Museum, and seasonally supporting the Springfield Museums.

The sustained commitment of MassMutual is even more extraordinary because it has come in an age when most of the other large companies that once also shouldered the responsibility for philanthropy and economic development in the city have long since disappeared or been absorbed into other entities.

In announcing its expansion in Springfield and Boston, MassMutual Chairman, President and CEO Roger Crandall said, "Following a thorough strategic assessment of our operations and footprint, we concluded that our home state of Massachusetts is the best place for us to grow and thrive over the long term. We have deep roots and a supportive community in our hometown of Springfield, and we will continue to invest and grow our workforce in the city."

MassMutual has been honored regularly among the best places to work for both working mothers and for lesbian, gay, bisexual and transgender employees.

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Topics: AIM Annual Meeting, AIM Vision Awards

Governor Baker Addresses AIM Annual Meeting

Posted by Christopher Geehern on May 12, 2017 12:19:02 PM

Governor Charlie Baker delivered the keynote address at the 2017 AIM Annual Meeting last week in Boston. The governor reviewed the accomplishments of his administration and ended with a passionate plea for bipartisanship.

Here is his full speech...

Topics: AIM Annual Meeting, Massachusetts economy, Charlie Baker

Tech Foundry Addresses Burgeoning Need for IT Workers

Posted by Christopher Geehern on May 11, 2017 3:31:56 PM

Associated Industries of Massachusetts last week presented the John Gould Education and Workforce Development Award to Tech Foundry of Springfield.

Founded in 2013, Tech Foundry has trained more than 100 people ranging from high school students to older workers – many from underserved and at-risk populations – to meet the accelerating demand for qualified IT workers in western Massachusetts.

Here is their story...

 

Topics: AIM Annual Meeting, Education, Gould Education and Workforce Training

AIM Vision Awards | WHOI Makes Massachusetts Global Center of Ocean Science

Posted by Christopher Geehern on May 10, 2017 10:45:10 AM

Associated Industries of Massachusetts last week presented the second annual Vision Awards, which honor the accomplishments of companies and individuals who have made unique contributions to the economy and citizens of Massachusetts.

One of three 2017 Vision Awards went to Woods Hole Oceanographic Institution (WHOI) and its Director and President, Mark Abbott.

WHOI is the world’s largest, private non-profit oceanographic research institution and a global leader in the study and exploration of the ocean. An unmatched reputation for intellectual discovery under the water has allowed the organization to contribute to its economic surroundings out of the water as well.

Here is their story...

Topics: AIM Annual Meeting, Massachusetts employers, AIM Vision Award

AIM Vision Awards | Bright Horizons Helps Employers, Employees Balance Complex Work/Life Issues

Posted by Christopher Geehern on May 9, 2017 1:43:52 PM

Associated Industries of Massachusetts last week presented the second annual Vision Awards, which honor the accomplishments of companies and individuals who have made unique contributions to the economy and citizens of Massachusetts.

One of three 2017 Vision Awards went to Bright Horizons Family Solutions of Watertown and its co-founder, Linda Mason. Bright Horizons has forged a trusted global presence as an indispensable resource for employers and their workers seeking to address an increasingly complex array of work-life issues.

Here is their story...

 

Topics: AIM Annual Meeting, Massachusetts employers, AIM Vision Award

AIM Vision Award | Financial Services Pioneer Fidelity Continues to Innovate

Posted by Christopher Geehern on May 8, 2017 11:00:00 AM

Associated Industries of Massachusetts last week presented the second annual Vision Awards, which honor the accomplishments of companies and individuals who have made unique contributions to the economy and citizens of Massachusetts.

One of three 2017 Vision Awards went to financial services pioneer Fidelity Investments and its Chairman and Chief Executive Officer, Abby Johnson.

Fidelity has used innovation and an unrelenting focus on customer service to mold itself into a diversified financial services firm that is a leader in personal investing, workplace investing, and tools and services for financial intermediaries.

Here is their story:

Topics: AIM Annual Meeting, Massachusetts employers, AIM Vision Award

Governor Makes Case for Bipartisanship

Posted by Christopher Geehern on May 8, 2017 10:11:59 AM

Governor Charlie Baker, speaking one day after a health-care bill once again passed the US House of Representatives without a single vote from the minority party, made a passionate case for bipartisanship in a speech to the AIM Annual Meeting Friday.

Baker.2017.jpg“In the end, you’re not measured by how many things you opposed but how many things you get done,” the governor told more than 850 business leaders gathered at the Westin Boston Waterfront hotel.

“I take tremendous satisfaction from the fact that we get along with people on both sides of the aisle.”

Governor Baker has worked closely throughout his first two years in office with the two top Democrats in the Massachusetts Legislature – House Speaker Robert DeLeo and Senate President Stan Rosenberg – on complex issues ranging from the MBTA and energy policy to the opiate crisis. The bipartisan approach has made the governor the most popular chief executive in the nation, according to polls.

“I’ve learned a lot from people I don’t agree with,” said Governor Baker, who said his entire staff prides itself on listening to ideas from throughout the ideological spectrum.

The governor’s speech highlighted an Annual Meeting celebration that featured presentation of 2017 AIM Vision Awards to Fidelity Investments, Bright Horizons Family Solutions and Woods Hole Oceanographic Institution. AIM also presented the John Gould Education and Workforce Development Award to Tech Foundry of Springfield.

Governor Baker highlighted several bipartisan initiatives he said have been cornerstones of his administration:

  • Strengthening communities, including a $300 million funding increase for k-12 education, development of a second-generation MCAS test, $800 million for local roads and bridges and an initiative under which cities and towns can share best governing and management practices.
  • Economic growth, including a broad regulatory review, a multi-million-dollar investment in vocational/technical schools, streamlining of mass transit systems and an energy bill that maintains costs while reducing the commonwealth’s carbon footprint.
  • Improved efficiency, including reduced wait times at the Registry of Motor Vehicles and an overhaul of the Health Insurance Connector Authority, which broke down several years ago as residents were attempting to buy insurance.

Bipartisan cooperation, the governor said, was one of the primary reasons that General Electric Company chose to locate its corporate headquarters in Boston. The company has often cited the collaboration between the Republican Baker and Boston Mayor Marty Walsh, a Democrat, as a factor in its decision to move from Connecticut.

Governor Baker praised the work done by AIM to represent the interests of employers in public-policy debates.

He praised the association for its willingness to “speak candidly and straight about issues it cares about.”

Topics: AIM Annual Meeting, Massachusetts, Charlie Baker

Fidelity, Bright Horizons, WHOI Honored with 2017 AIM Vision Awards

Posted by Rick Lord on Mar 30, 2017 9:07:00 AM

Three organizations that have transformed Massachusetts by carving out preeminent places in their disciplines – Fidelity Investments, Bright Horizons Family Solutions and the Woods Hole Oceanographic Institution -  will be honored with 2017 Vision Awards by Associated Industries of Massachusetts.

The largest employer association in Massachusetts will present the Vision Awards at its Annual Meeting on May 5 in Boston. Accepting the awards on behalf of the honorees will be Abigail Johnson, Chairwoman and Chief Executive Officer of Fidelity Investments; Linda A. Mason, Co-Founder of Bright Horizons; and Mark Abbott, Director and President of Woods Hole Oceanographic Institution.

Governor Charles D. Baker will deliver the keynote address.

The Vision Award recognizes companies, organizations and individuals who have made unique contributions to the cause of economic opportunity in Massachusetts. The award reflects AIM’s mission to stand for jobs, economic prosperity, innovation and a government that acknowledges that the private sector has the unique responsibility to create the common wealth for the people of Massachusetts.

“The 4,000 member employers of Associated Industries of Massachusetts are delighted to honor three world-renowned organizations that have truly changed the way we live,” said AIM President and Chief Executive Officer Richard C. Lord.

“Fidelity Investments became a cornerstone of the financial industry by offering investment services to a broad set of customers from individual investors to advisors and large companies. Bright Horizons is the largest provider of employer-sponsored day care in the United States. And Woods Hole Oceanographic Institution remains both a global leader in ocean science and a key driver of the economy on Cape Cod.”

Johnson1.jpgFidelity Investments is the fourth largest investment firm in the world. With assets under administration of $6.0 trillion, including managed assets of $2.2 trillion as of February 28, 2017, the firm focuses on meeting the unique needs of a diverse set of customers: helping more than 26 million people invest their own life savings, 23,000 businesses manage employee-benefit programs, and providing more than 12,500 financial advisory firms with investment and technology solutions to invest their own clients’ money.

Founded in 1946 by Edward C. Johnson 2d, Fidelity was an early pioneer in the development of mutual funds. Fidelity was also innovator in many other areas throughout its history, including check writing for money market accounts, selling mutual funds over 800 number phone lines, the development of sector funds, the growth of the defined-contribution retirement savings industry, and using online and mobile technology to make investing quicker and easier for millions of customers.

The company has used innovation and an unrelenting focus on customer service to mold itself into a diversified financial services firm that is a leader in personal investing, workplace investing, and tools and services for financial intermediaries. Fidelity is now the nation's No. 1 record keeper of 401(k) retirement savings plans and is also the largest US online brokerage firm, with 17.9 million accounts and $1.7 trillion in client assets.  

Abigail Johnson became chief executive officer in 2014 and assumed the title of Chairman in December 2016. A recent Investor’s Business Daily article on Fidelity’s 2016 financial results praised the company’s ability to change: "Fidelity is profitable, strong, innovative and driven to growth," said Jim Lowell, editor-in-chief of Fidelity Investor, an independent newsletter. "That's not true for many financial services companies."

Mason1.jpgBright Horizons Family Solutions – Watertown-based Bright Horizons has forged a trusted global presence as an indispensable resource for employers and their workers seeking to address an increasingly complex array of work-life issues.

Linda Mason and her husband, Roger Brown, founded Bright Horizons with the goal of providing high quality child care at work sites. Together, they created a company with the mission to nurture each child’s unique qualities and potential, support families through strong partnerships, and collaborate with employers to build family-friendly workplaces.

Bright Horizons today operates more than 1,000 child-care centers in the U.S., the UK, Ireland, the Netherlands, India, and Canada. It also works with more than 1,000 employers to provide a complete family of employer solutions, including child care, back-up care for children and adults/elders, and educational advising for employees and their college-bound dependents.

And they do it well. Eighty organizations on Working Mother magazine’s "100 Best Companies" list are Bright Horizons clients. Bright Horizons itself has consistently been named to the "100 Best Companies to Work for in America" list by FORTUNE magazine and the Top Places to Work in Massachusetts by The Boston Globe.

Bright Horizons employs 2,100 people in Massachusetts and more than 20,000 worldwide. The company’s revenue jumped 8 percent during 2016 to $1.6 billion, while net income rose 1 percent to $95 million.

The company’s blue-chip client list reads like a who’s-who of global business leaders, from Allstate Insurance, Comcast NBC Universal and Booz Allen Hamilton to Sprint, Target, Discovery Communications, General Mills and Memorial Sloan Kettering Cancer Center.

Ms. Mason and Mr. Brown in 1988 also created an independent, nonprofit organization, Horizons for Homeless Children (formerly The Horizons Initiative) dedicated to providing high-quality child care and educational services to homeless children and their families.

Abbott1.jpgWoods Hole Oceanographic Institution (WHOI) is the world’s largest, private non-profit oceanographic research institution and a global leader in the study and exploration of the ocean. An unmatched reputation for intellectual discovery under the water has allowed the organization to contribute to its economic surroundings out of the water as well.

Woods Hole scientists and engineers have played a part in discoveries that form the modern understanding of the ocean and how it interacts with other parts of the planet, including human society. WHOI professionals combine access to specialized tools, ships, labs, and underwater vehicles with knowledge of how to explore the ocean to create a detailed understanding of the global ocean system.

The institution, founded in 1930, employs more than 1,000 researchers, engineers, information technology specialists, and crews for ships and underwater vehicles like the Alvin that famously explored the wreck of the Titanic in 1986. A combination of government grants and contracts, foundation and private donations and industry contracts provide the organization with an annual operating budget of $215 million.

Increasingly WHOI is involved in projects that apply the knowledge gained from basic research to societal issues, providing high-quality data and analysis across a range of topics, from climate to biodiversity to resources to natural hazards mitigation. These efforts have given WHOI’s work reach into new and important arenas.

In 2010, the Institution rapidly mobilized researchers from several different disciplines to assist the Coast Guard and other responders during the Deepwater Horizon oil spill. In response to the Fukushima disaster in March 2011, WHOI mounted another rapid response and mobilization to gather data and water samples quickly to determine the amount of radioactivity released into the ocean. That monitoring effort continues.

Engineers and scientists at WHOI worked for nearly two years to successfully locate, in May 2011, the deep-water wreckage of Air France flight 447, using the WHOI-designed and -built REMUS 6000 autonomous vehicle.

Topics: AIM Annual Meeting, Massachusetts economy, AIM Vision Award

AIM Chairman Urges Employers to Engage with Political System

Posted by Christopher Geehern on May 31, 2016 8:30:00 AM

Associated Industries of Massachusetts Chairman Dan Kenary, Co-Founder and CEO of the Harpoon Brewery in Boston, is calling upon employers to step up their interactions with public officials in the face of an increasingly turbulent political environment.

Kenary told more than 750 business leaders at the AIM annual meeting that employers must create a "entrepreneurial populism" in which those who employ the citizens of Massachusetts articulate the value of their work to the larger society.

Here are his remarks...

 

Topics: AIM Annual Meeting, Massachusetts employers

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