Staying Power: Preserving Local Ownership in Gentrifying Cities

A reminder for the change-makers. Before I was a consultant, I was the Chief Executive Officer of a small CDFI credit union in Chicago. It was small enough that I knew quite a few members by name. One quiet afternoon, I was standing at the teller station with an employee. We struck up a conversation…

Chicago, Illinois is the place I call home. The Windy City is recognized for its hardball politics and organizing history. In the late 1800s, the Pullman Strike led to major advances in improved labor law. Saul Alinsky, a well known community activist, spent his career in Chicago. He authored Rules for Radicals, still a popular handbook for…

Owners, executives, and bosses hold their own businesses back. That statement might hit a little hard if you fit the description. You might protest and say, “No, it’s the market!” or “it’s the competition!” or “it’s our lack of ___________(fill in the blank with your most frustrating operational challenge!” Conversely, you might agree with this…

Abstract Place-based community development in America has a rich history. Practices and procedures for successful redevelopment are supported by lobbying efforts, public administration, policy, federal funding, and the efforts of non-profits dedicated to neighborhood revitalization. Community revitalization work is often centered around specific geographic locations, while in recent decades modern technology has caused social networks…

Intentional change doesn’t come from accidental success. Your leadership team has decided it wants to make a big impact on ‘the community.’ The project could range from launching a new financial education program to running a charitable drive for a local school. Whatever the scope, you want to help your corner of the world gain…