Heard on the Street: a summer with Next Street, board diversity, and reflections on CDFI interviews

Heard on the Street – here’s what we were reading last week:

My Summer with a Mission-Driven Consulting Firm: During his summer with Next Street, Hudson Leung saw firsthand how private sector capital and advisory services can be applied to address the problems of underserved communities.

What Business Can Learn from Eastern Bank’s Route to Board Diversity: Eastern Bank is one of the nation’s most progressive banks, providing fair banking products and services since 1818. In contrast to most of its industry counterparts, Eastern has an extremely diverse board, with 50 percent composed of women, people of color, and/or others considered diverse.

Reflections on CDFI Leaders Thinking Ahead and Acting Now: Earlier this year, Next Street Founder Tim Ferguson interviewed eight leaders of some of the nation’s largest CDFIs. Looking back, he shares some of his reflections on what we learned from those conversations, covering topics ranging from changes in leadership and the CDFI business model, to the importance of talent and why no one wants to be a bank.

How to elevate more women in business: Female mentors: Women in business don’t just need more role models – they need more female mentors.