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Step in and act where the government won't

Step in and act where the government won't

Fast Company08-05-2025

The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual dues for access to peer learning, thought leadership opportunities, events and more.
It's been made clear in the past few months that the uncertainty we're facing as a country has impacted almost every level of society. And it's not lost on me that there is an overwhelming amount of pressure on our state leaders in the current political and economic environment. Unfortunately, I'm not confident that these leaders are using their power to tackle the deep-rooted issues that our country continues to face—like the growing wealth gap.
In my home base of Albany, New York there are over 1,000 abandoned properties with the number of unhoused people rising 38% since 2022. Governor Hochul claims to have plans to reinvent New York City, the Finger Lakes and the Hudson Valley—recently announcing a $412 million proposal —but despite budget approvals, we've yet to see a concrete plan and timeline that will move the investment forward.
Take it a step further. The wealth gap in America isn't just growing, it's accelerating. And the reality is, we can do something about this. According to the Peter G. Peterson Foundation, from 1981 to 2021, income for the top 20% of earners in the U.S. jumped 165%. For the middle and lowest earners? Just 33% and 38%.
Why leaders should be frustrated
I've grown tired of waiting for government leaders to step up and fight. I no longer expect sweeping reform from the top. So, I've focused on what I can do from the ground up. Four years ago, my wife Lisa and I started Business for Good in New York's Capital Region. Our mission is to close the wealth gap. We invest directly in communities: supporting small businesses, affordable housing, offering marketing and HR resources, mentoring entrepreneurs, and creating ecosystems that allow people to rise—and stay—out of poverty.
It's working. But it's not enough. Not unless more of us get off the sidelines. That's why I'm calling on other leaders to join me in replicating the model that we've used for Business for Good. All it takes is simple, powerful steps that any business leader can follow to use their privilege for good. These are not theoretical—they work. And they're built on a belief that I hold deeply: Privilege can be shared, but only by those who have it. The courage to act is contagious.
Here's where we start
Change starts with one simple but powerful action: listening. We must be willing to actively hear from those who are directly impacted by the growing rise of uncertainty and inequity.
Next, do your homework. Deepen your understanding of inequities and the impacts of rising uncertainty and systemic exclusion. Be courageous, as individual learning and growth is required to drive real change.
Then, confront—and speak up. Acknowledge your own biases as well as share information and resources. If you have a platform, use it—your voice, your company, your community, social media, etc. Remember that if words matter, actions speak louder.
We also need to partner with local government leaders and policy makers who are committed to dismantling barriers and fighting for each and every member of our communities. For us, at Business for Good, we work with local leaders in the Albany/New York Capital Region as part of our pilot program.
Showing up matters. Leverage your privilege for good by sharing your opinion, engaging in activities that support belonging, starting a conversation, and connecting within your local community.
Engagement is key. That means having hard conversations with colleagues, friends, and family. Be brave enough to speak up. We each have a role to play in breaking the silence and building awareness.
Finally, invest. Real impact takes resources.
Actionable ways to drive change
At Business for Good, we've put our money where our mission is, fighting for our neighbors and communities. We've invested over $1 million to help create the Albany Black Chamber of Commerce—a hub for community leaders, entrepreneurs, and small businesses to thrive. We've supported a local community center focused on improving the lives of those in need from youngest to oldest. We're working with like-minded leaders in the private sector to tackle issues that our local government is not: housing and employment to name a few.
Other leaders and cities can and should take this approach to replicate the progress we've seen in our community.
I recently read a set of community values posted in Dubai. And while this was halfway across the world and it wasn't my own community, one message struck me: A successful society is one that lifts everyone up. Let's bring that idea home.

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The implications of Corbin Burnes' season-ending injury go far beyond the Diamondbacks
The implications of Corbin Burnes' season-ending injury go far beyond the Diamondbacks

New York Times

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  • New York Times

The implications of Corbin Burnes' season-ending injury go far beyond the Diamondbacks

As the news on Corbin Burnes sadly demonstrates, David Stearns might have it right. Stearns, like Hall of Fame general manager Pat Gillick before him, loathes awarding long-term contracts to starting pitchers. In 11 years running the Milwaukee Brewers, who never spend big, and New York Mets, who often do, he has yet to sign a pitcher for more than he gave free-agent left-hander Sean Manaea last offseason – three years, $75 million. Advertisement Stearns was willing to make an exception during the 2023-24 offseason for Yoshinobu Yamamoto, but only because the Japanese right-hander was 25. The Mets' three rotation additions last offseason – Manaea and right-handers Clay Holmes and Griffin Canning – cost a total of $117.25 million – or nearly $100 million less than the Arizona Diamondbacks paid Burnes, the latest big-name pitcher to blow out his elbow and require Tommy John surgery. For Stearns, a second straight offseason of bargain shopping – after hitting on Manaea, Luis Severino and José Quintana in 2024 – appeared a risk. But look at the Mets now, second in the majors in rotation ERA, with another of their modest acquisitions, Paul Blackburn, shutting out the Los Angeles Dodgers for five innings Monday night in his 2025 debut. And by contrast, look at the Diamondbacks. The news Friday on Burnes severely damages the Diamondbacks' chances not just for 2025, but also 2026. The Diamondbacks, at 31-31, 6.5 games back in the NL West, entered Friday with a four-game winning streak, but qualified as something of a disappointment. If they fail to sustain their recent run, they could sell at the trade deadline rather than push forward with a $187 million payroll, the highest in the franchise's 27-year history. The implications of Burnes' surgery, though, go far beyond the Diamondbacks' immediate future. The inevitability of pitching injuries haunts the entire sport. The enjoyment of watching a Paul Skenes or Tarik Skubal dominate is tempered by a question never far from anyone's mind: Who's next? Burnes, 30, signed a six-year, $210 million free-agent contract, matching Max Scherzer for the seventh-largest guarantee awarded a pitcher. The largest and 11th largest belong to the Dodgers' Yamamoto and Blake Snell. The second, fourth and 17th largest belong to New York Yankees pitchers Gerrit Cole, lefty Max Fried and lefty Carlos Rodón.  Yamamoto missed nearly three months last season. Snell will miss at least two months this season. And those are relatively good outcomes, considering the potential for injuries that require even longer recoveries. Cole, after starting his nine-year contract with four mostly stellar seasons, is out until 2026 recovering from Tommy John surgery. Another prominent Yankees starter, reigning American League Rookie of the Year Luis Gil, has yet to pitch this season due to a lat strain. And club officials surely are concerned that Fried, in the first year of an eight-year deal, is on pace to pitch a career-high 209 innings. Advertisement The Dodgers and Yankees thrive because they spend on high-end talent, excel at pitching development and build depth to compensate for injuries. Teams without their resources cannot manage to do all three, and the Burnes injury will serve as another red flag, further discouraging mid-market teams from investing heavily in starting pitching. The next class of free-agent starters includes the Diamondbacks' Zac Gallen and Merrill Kelly, the San Diego Padres' Dylan Cease and Michael King, the Houston Astros' Framber Valdez and, if he declines a player option, the Kansas City Royals' Seth Lugo. For some of those pitchers, short-term deals with high average annual values might be a safer bet. Or maybe not. The Baltimore Orioles tried such an approach with Burnes, offering him a four-year, $180 million contract that carried an average annual value that was $10 million higher than the Diamondbacks' offer. Turns out the Orioles were fortunate Burnes said no. If he had suffered the same injury, half of the deal essentially would have gone to waste. This is an industry problem, one the sport is not close to addressing, much less fixing. Last December, Major League Baseball issued a report to the front offices of all 30 clubs, the culmination of a yearlong study on pitching injuries. Shock of shocks, the study cited the proliferation of max-effort pitching, both in velocity and movement, as the primary reason injury rates among pitchers 'skyrocketed' over the past several decades. Yet, when it comes to developing solutions, it's a wonder team executives and league officials do not blow out their own shoulders, as fiercely as they throw up their hands. Meanwhile, pitchers keep trying to throw their fastballs harder and their breaking balls sharper. Nothing will change until the incentives change, until the league implements new rules that effectively force pitchers to ease up on the throttle. Advertisement One possibility, a phased-in reduction from a maximum of 13 to 12 to perhaps even 11 pitchers, evokes fear of even more injuries. But seriously, how much worse can the situation even get? If the definition of insanity is doing the same thing over and over and expecting different results, baseball has officially gone insane. The Diamondbacks are merely the latest example of how quickly a team's best-laid intentions can go awry. A two-year, $47.5 million deal for lefty Jordan Montgomery backfired, with Montgomery ultimately requiring Tommy John surgery. A four-year, $80 million deal for lefty Eduardo Rodríguez, to this point, has been a disaster, too. And now the Diamondbacks face the potential departures of Gallen and Kelly, too. Gallen, represented by Scott Boras, has regressed to a 5.13 ERA in 13 starts, but almost certainly will seek top dollar on the open market. The Diamondbacks might stand a better chance of retaining Kelly, who is represented by Apex Baseball, but will they even want to dive back into the starting pitching market? Diamondbacks general manager Mike Hazen is not one to concede. The team perhaps has too much invested in this season to turn back. Trading Gallen and/or Kelly with Burnes and Montgomery out and Rodríguez yet to show consistency would leave the team scrambling to fill out their rotation. Then again, if the season is lost, Hazen also might feel an obligation to owner Ken Kendrick, who made a good-faith effort to build a championship roster despite playing in the same division as the spendaholic Dodgers. By parting at the deadline with their six potential free agents earning the most money – Gallen, Kelly and first baseman Josh Naylor, third baseman Eugenio Suárez, outfielder Randal Grichuk and reliever Shelby Miller – the Diamondbacks would save about $17 million. They probably wouldn't go that far, and depending upon how they are playing, might even buy and sell simultaneously. They also would need to weigh the proposed returns for Gallen and Naylor against the draft-pick compensation they would receive if the players rejected qualifying offers. But without Burnes, almost everything could end up in play. Constructing a 2026 rotation beyond Rodríguez, Brandon Pfaadt and Ryne Nelson would be a challenge. But when Hazen traded Zack Greinke at the 2019 deadline, he acquired Mike Leake to cover innings in a separate deal and also landed Gallen, then a rookie, for infielder Jazz Chisholm Jr. Hazen could back fill the same way again, and his internal rotation candidates would include converted reliever Bryce Jarvis, the reigning Pacific Coast League Pitcher of the Week, and prospects such as Cristian Mena and Yilber Díaz. Advertisement Not quite what the Diamondbacks put together this season, a powerhouse collection featuring Burnes, Gallen, Kelly, Rodríguez and Pfaadt. Kendrick and Hazen had the right idea when they signed Burnes, or at least, the right idea in theory. They were not backing down from the Dodgers. They were doing everything possible to win. That's the way the game should operate, right? Pay the best players, reap the benefits. The scourge of pitching injuries, though, is flipping the equation, to the point where Stearns' strategy might be preferable. Rather than pay top dollar for pitching, he'll simply target short-term options with upside, then rely on the Mets' pitching lab to maximize their potential. For the second straight year, it's working. And even if recent acquisitions like Holmes and Canning fail to sustain success, Stearns faces only so much downside. When it comes to signing starting pitchers, he will go only so far. And never as far as the Diamondbacks did for Corbin Burnes. (Top photo of Burnes and Diamondbacks assistant athletic trainer Max Esposito:)

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