Milken Institute London Summit Explores Opportunities to Meet the Needs of the People

At the 2016 Milken Institute London Summit, Chairman Michael Milken explores how people can achieve meaningful lives amid a growing economic divide and technological advances that threaten jobs.
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At the 2016 Milken Institute London Summit, Chairman Michael Milken used the occasion to explore how we can help people achieve meaningful lives amid a growing economic divide and technological advances that threaten jobs. In recent decades, globalization has been a force for widespread economic growth, but not everyone has shared in the benefits. “Half the people in the United States are worth less than $50,000, and almost 30 percent of the people in the U.S. have a net worth of under $30,000,” Milken said in his lunch plenary speech. “Juxtaposed, you will see that the United States has the highest percentage of people that are worth more than a million dollars.” It’s this wide divide, he added, that is a challenge for the U.S. — a challenge we used to see in countries like Brazil. As we look to the future of work, technological advances in automation, machine learning, artificial intelligence, and more could render a billion jobs unnecessary. What will happen to these workers? What will they do with their lives and how will they support themselves and their families? How will they find fulfillment? As Milken explained in his speech, the challenge we now face is how to create opportunities in an economy that can meet the needs of their people. It’s the goal and the mission of the Milken Institute to address this challenge as they examine the many ways to widen capital, create jobs, improve health through the independent data-driven research of its various centers. Watch Milken’s full conference speech above. You can watch more videos from the conference here.

Dana Beth Ardi

Executive Committee

Dana Beth Ardi, PhD, Executive Committee, is a thought leader and expert in the fields of executive search, talent management, organizational design, assessment, leadership and coaching. As an innovator in the human capital movement, Ardi creates enhanced value in companies by matching the most sought after talent with the best opportunities. Ardi coaches boards and investors on the art and science of building high caliber management teams. She provides them with the necessary skills to seek out and attract top-level management, to design the ideal organizational architectures and to deploy people against strategy. Ardi unearths the way a business works and the most effective way for people to work in them.

Ardi is an experienced business executive and senior consultant who leverages business organizational transformation through talent strategies. She uses her knowledge and experience to develop talent strategies to enhance revenue and profit contributions. She has a deep expertise in change management and organizational effectiveness and has designed and built high performance cultures. Ardi has significant experience in mergers, acquisitions, divestitures, IPO’s and turnarounds.

Ardi is an expert on the multi-generational workforce. She understands the four intersecting generations of workers coming together in contemporary companies, each with their own mindsets, leadership and communications styles, values and motivations. Ardi is sought after to assist companies manage and thrive by bringing the generations together. Her book, Fall of the Alphas: How Beta Leaders Win Through Connection, Collaboration and Influence, will be published by St. Martin’s Press. The book reflects Ardi’s deep expertise in understanding organizations and our changing society. It focuses on building a winning culture, how companies must grow and evolve, and how talent influences and shapes communities of work. This is what she has coined “Corporate Anthropology.” It is a playbook on how modern companies must meet challenges – culturally, globally, digitally, across genders and generations.

Ardi is currently the Managing Director and Founder of Corporate Anthropology Advisors, LLC, a consulting company that provides human capital advisory and innovative solutions to companies building value through people. Corporate Anthropology works with organizations, their cultures, the way they grow and develop, and the people who are responsible for forming their communities of work.

Prior to her position at Corporate Anthropology Advisors, Ardi served as a Partner/Managing Director at the private equity firms CCMP Capital and JPMorgan Partners. She was a partner at Flatiron Partners, a venture capital firm working with early state companies where she pioneered the human capital role within an investment portfolio.

Ardi holds a BS from the State University of New York at Buffalo as well as a Masters degree and PhD from Boston College. She started her career as professor at the Graduate Center at Fordham University in New York.