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As the U.S. faces an ongoing behavioral health provider shortage, one Worcester program is working to boost BIPOC representation in the mental health field.
The chief technology officer of Marlborough-based IPG Photonics Corp. is heading to retirement, as the company’s new CEO looks to overcome falling stock prices and global demand issues.
To me there is nothing more beautiful than a room of extremely diverse characters having a great time together and learning from each other.
Rob Luzzi, senior director of marketing for RAVentures, offers some insight into marketing for multiple brands.
Traditional volunteering can provide help for projects like serving meals at shelters, and skills-based volunteering can help support nonprofits by utilizing volunteers’ professional expertise in areas such as finance or marketing.
Many organizations aim to recruit and retain individuals from historically underrepresented backgrounds. However, simply increasing the numbers of underrepresented and marginalized individuals within a workforce does not guarantee success.
The life sciences industry is in the middle of a rough patch. Following a frenzied expansion in the wake of the COVID pandemic, the industry centered around the Cambridge-Boston global hub is experiencing a right sizing, leading to layoffs and vacant lab spaces, particularly in Eastern Massachusetts.
Alexander Ovtchinnikov, senior vice president and chief technology officer at IPG Photonics Corp., is the second executive from the Marlborough-based company to retire within the past three months as IPG's new CEO attempts to combat the effects of falling stock prices and global stock issues.
Four years ago, in the wake of George Floyd’s murder at the hands of a Minneapolis police officer and the ensuing national reckoning on race, business and political leaders in Central Massachusetts and across the nation were falling over themselves to embrace diversity, equity, and inclusion initiatives in an attempt to mitigate the stain of America’s original sin.
Higher-ups at Fidelity Bank, American Banker’s Association, and Leominster Credit Union are advancing in their careers.
In late September, the City of Worcester released its five-year strategic plan with the goal to make Worcester the best-managed city in the country. The plan was developed by the City Manager’s Office over two years and was informed by both internal process reviews and solicitation of community feedback. In total, the plan outlines 49 objectives within its six identified priority goals:
Economic growth: Expanding the tax base; adding 10,000 new jobs by 2030; and enabling and supporting diverse neighborhood-scale commerce
Public health and safety: Developing and maintaining public health and safety infrastructure; strengthening support for those with mental health and substance-use disorders; and reducing overdoses
Affordable neighborhoods and reduced homelessness: Expanding affordable housing options; creating opportunities for affordable homeownership for low-income, Black, Indigenous, and people of color (BIPOC), and immigrant households; and increasing outreach to unhoused individuals
Clean city initiatives: Minimizing litter and illegal dumping; developing well-maintained public spaces; and increasing environmental resilience to pollution
High-performing government and strong financial health: Implementing organizational culture and philosophy; centralizing core administrative functions; and ensuring diversity, equity, and inclusion goals are met
Investment in quality education: Providing clean and safe learning environments, strengthening the relationship between the City and Worcester Public Schools, and expanding access to educational resources
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SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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