We’re excited to announce that Canviiy executives Sherrel Sampson & Hume Merritt III were honored to contribute a thought leadership article featured in The Executive Leadership Council Fall 2020 Research Journal. The article is titled ‘Self-Security Post COVID-19: Making the Transition to Corporate Steward to Entrepreneur.’ The piece takes a provocative perspective on how the pandemic has disproportionally affected the African American community physically and financially. Furthermore, as we prepare for life after COVID-19, it’s essential that we not only analyze and change health safeguards but also construct financial safeguard to ensure there is not an acceleration in the economic divide.
The journal article also takes a deep dive on how one can make a ‘Self-Security Paradigm Shift.’ As corporations adjust their business models, professionals must adapt from the traditional “Job Security” thought process to a more intentional “Self-Security” paradigm. Self Employed are 25% below the national average unemployment rate and have defied trends by contracting in the last year. We are not advocating the resignation from your day job, but rather suggesting an intentional commitment to developing additional streams of income. Case in point, 43% of people with annual household incomes of $80,000 or higher have a secondary source of income (Bankrate, June 2019).
For more, read the full Executive Leadership Council research article: ELC Fall 2020 Research Journal