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Management article
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Reference no. 91501
Published by: Harvard Business Publishing
Published in: "Harvard Business Review", 1991

Abstract

Poverty is a business issue because the American poor are part of the American work force. Most poor adults and 90% of poor children live in families where work is the norm, not the exception. Companies cannot create the work force of the future with the poverty policies of the past. There are some simple policy mechanisms, however, that can help the working poor without putting an undue burden on business. Enacting them requires managers to see poverty policy as part of a national human- resource strategy that links corporate strategy to a broad social agenda.

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Abstract

Poverty is a business issue because the American poor are part of the American work force. Most poor adults and 90% of poor children live in families where work is the norm, not the exception. Companies cannot create the work force of the future with the poverty policies of the past. There are some simple policy mechanisms, however, that can help the working poor without putting an undue burden on business. Enacting them requires managers to see poverty policy as part of a national human- resource strategy that links corporate strategy to a broad social agenda.

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