Fredrick Lee
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Articles by Fredrick Lee
Six Dates in January 2025 to Watch
Fredrick W. Lee · Follow 4 min read · -- Image created using Adobe FireFly Image 3 With 2024 ending and 2025 coming, a new year means changes for everyone. 2025 will be a year that could impact everyone, every profession, industry, and sector. And in the United States, here are six dates in January 2025 that you will need to pay attention to in the new year. January 3rd Why it matters: At 12 pm EST, 119th U.S. Congress will start with the House of Representatives voting on the speaker.
Are you ready for climate obsolescence?
Climate change has factored into the growing number of extreme weathers across the world. Extreme weathers have become more commonplace for everyone regardless of race, culture, class, political views, etc. Extreme weathers have resulted in more damage, significant destruction, and higher costs to many communities.
Help Needed: Chief Diversity Officers Are Losing Their Corporate Fights
By Fredrick Lee Only 20% of Fortune 500 companies have diversity officers More-diverse corporations outperform less-diverse competitors by 35% Diversity and inclusion is a profitable avenue for corporations not to ignore. However, recent bad press from corporations like Gucci and Prada raise questions about their commitment to diversity. Many chief diversity officers lack leadership support, resources and training.
Why I share my performance reviews with our employees
By Fredrick “Flee” Lee 4 minute Read A few years ago, I started doing something with my performance reviews that might sound unusual: I send each one to all 2,000+ employees at my company, Gusto. What inspired this decision? Many organizations espouse transparency as a core value, but it typically doesn’t extend to performance reviews. While leaders are often privy to our teams’ reviews, it’s rarely a two-way street.
Why You Should Invest in Unconventional Talent
The importance of building diverse organizations has been well-established. Diversity is linked to greater innovation and performance, and research has shown that more diverse companies have higher profits than their more homogeneous counterparts. But building teams with different skill sets and life experiences requires intention.
Why Layaway Culture Keeps People Middle Class — CultureBanx
Jan 7 Jan 7 Why Layaway Culture Keeps People Middle Class By Fredrick Lee By 2042, only 15% African American will be considered middle class U.S. Consumer debt has reached $4T Layaway installment plans from the past are making a return, as a way for African-Americans to possibly maintain their lifestyle. They are struggling to stay in the middle class while dealing with growing consumer debt.
Vom Datenkraken zum Datentreuhänder - manager magazin - Harvard
Datenschutz Vom Datenkraken zum Datentreuhänder Viele Unternehmen gehen mit Informationen, die ihnen anvertraut wurden, fahrlässig um. Dies ramponiert das Vertrauen der Kunden und verbaut Unternehmen den Weg zum Erfolg. Aber keine Sorge: Es geht auch anders – sogar ohne großen Aufwand. 19.10.2020, 18.00 Uhr Völlig benebelt: Die Amerika-Tour der Rockband Deep Purple ist 1974 ein voller Erfolg. Highlight auf den Konzerten: der Song "Smoke on the Water" - effektvoll unterstützt durch Trockeneis.
Be a Customer Data Custodian, Not a Data Owner > TheCustomer
Editor’s Note: This piece on customer data “custodianship” from Harvard Business Review was originally published earlier this year (2020) and came to our attention as something of a call-to-action for marketers, indeed, for every person and organization now navigating the changing waters of customer data and privacy. Our hope in re-publishing this, is that it can become a mantra for corporate data ethics policies from this point forward.
Be a Data Custodian, Not a Data Owner
“Data is the new oil.” In the years since mathematician Clive Humby coined this phrase in 2006, the idea has taken on new meaning. For businesses today, personal data is not just a resource — it is a core profit-driver. But the value placed on “drilling for data” has come with a high price at the human level: a dangerous mindset of data entitlement, whereby companies collect personal information and use it to make money, with little regard to the people who lent it to them in the first place.
Cybersecurity’s diversity problem puts us all at risk
By Fredrick “Flee” Lee4 minute Read I am not your typical hacker. I’m from rural Mississippi. Both of my parents grew up on farms, and I spent summers mowing lawns for my mom’s church friends. We didn’t have a computer at home. Lawyers and judges like Thurgood Marshall, doctors and ministers, and my father—a manufacturing engineer—were the role models I looked up to in the South. There was no glamour in the idea of being a computer programmer.
The 5 Love Languages of Cybersecurity
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726. When it comes to building buy-in from the business, all cybersecurity needs is love -- especially when it comes to communication. When most people, including the majority of us in the industry, think about cybersecurity, "lovable" isn't the first word that comes to mind.
CCPA won’t be enough to fix tech’s data entitlement problem – TechCrunch
Fredrick “Flee” Lee is chief information security officer at Gusto, the people platform for 100,000 small businesses nationwide. He previously led security at Square after holding senior security roles at Bank of America, Twilio and NetSuite. When the California Consumer Privacy Act (CCPA) rolled out on January 1st, many companies were still scrambling to become compliant with the data privacy regulation, which is estimated to cost businesses $55 billion.
Calling BS on the security skills shortage
Much has been made of the security skills shortage over the last few years. In headlines, at conferences, and in survey after survey, warnings are popping up, all with the same dire predictions: There are more and more ways for hackers to breach digital gates and not enough gatekeepers out there to stop them. There’s no disputing we have more open security positions than we have available applicants to fill them.
Twitter’s Content Chief Exits Successful Run — CultureBanx
Dec 13 Dec 13 Twitter’s Content Chief Exits Successful Run By Fredrick Lee Kay Madati leaves as Twitter struggles with diversity Twitter ad revenues peaked at $791M under his tenure Today Twitter’s (TWTR +0.50%) Head of Content Partnerships, Kay Madati will exit the tech company. Since his arrival in the Fall of 2017, Madati was responsible for helping the micro-blogging platform successfully monetize its video offerings.
Is Layaway Culture The Way To Stay Middle Class? — CultureBanx
Oct 30 Oct 30 Is Layaway Culture The Way To Stay Middle Class? By Fredrick Lee By 2042, only 15% African American will be considered middle class U.S. Consumer debt has reached $4T Layaway installment plans from the past are making a return, as a way for African-Americans to possibly maintain their lifestyle. They are struggling to stay in the middle class while dealing with growing consumer debt.
Family Pets Mellowing Out In The $1.6 Billion CBD Market — CultureBanx
Sep 25 Sep 25 Family Pets Mellowing Out In The $1.6 Billion CBD Market By Fredrick Lee CBD pet market is expected to reach more than $1.6 billion of sales African-American pet owners spent $130 million on their pets in 2017 The CBD market is taking off and it’s not just people looking to relax, they are letting their pets in on it as well.
Kraft Heinz Loses Taste for Stadium Naming Rights — CultureBanx
By Fredrick Lee Kraft Heinz paid $57M to have its name on the Pittsburgh Steelers’ stadium 34 African-Americans are NFL decision makers Since 2001, Kraft Heinz’s (KHC -2.39%) name has graced the stadium of the NFL’s Pittsburgh Steelers, as Heinz Field Head Coach Mike Tomlin led the Steelers to its sixth Super Bowl championship. However, Kraft Heinz may decide to walk away from the lucrative naming rights.
U.S. Treasury Presses Pause On Harriet Tubman’s Debut Again
Jul 10 Jul 10 U.S. Treasury Presses Pause On Harriet Tubman’s Debut Again By Fredrick Lee Harriet Tubman was scheduled to appear on the $20 bill in 2020 The new $20 bill is now scheduled for 2028 The United States Department of Treasury has delayed abolitionist Harriet Tubman from making her debut on the $20 bill. In 2020, Tubman’s image was to replace former President Andrew Jackson in honor of the 19th amendment which gave American women the right to vote.
Walmart Raises the Bar In Race for African-American Talent
By Fredrick Lee Workers pay a total of $365 a year for access to Walmart’s education benefits African-Americans make up 21% of Walmart’s U.S. workforce Walmart (WMT +1.38%) is expanding its education benefits to high schoolers in an effort to attract more African-Americans to work for them. A tighter U.S. job market is making it harder for employers to attract and keep talent.
Companies Profit As African-American Student Debt Rises
By Fredrick Lee HBCU students are more likely to default on loans over a 12-year period Current U.S. student debt is at $1.5T A college degree is seen as a path to the American dream, however, many students are unable to attain this goal under rising student loan debt. For African American students, having a large student debt is making it harder for them to work in their desired profession or save.
Are Chief Diversity Officers Losing the Good Fight?
By Fredrick Lee Only 20% of Fortune 500 companies have diversity officers More-diverse corporations outperform less-diverse competitors by 35% Diversity and inclusion is a profitable avenue for corporations not to ignore. However, recent bad press from corporations like Gucci and Prada raise questions about their commitment to diversity. Many chief diversity officers lack leadership support, resources and training.
Hip Hop’s Original Denim: Levi’s Goes From Main Street Back to Wall Street
By CultureBanx Team Levi’s IPO could raise between $600M - $800M Denim market value is more than $100B Hip hop’s first denim brand Levi Strauss officially filed to return to the public markets under the ticker “LEVI,” three decades after it went private. The move comes after Levi’s hugely profitable 2018, including collaborations with Virgil Abloh’s Off-White and Beyoncé at Coachella, all helped the denim maker capitalize on the resurgence of denim.
The bacterial metabolite indole inhibits regeneration of the planarian flatworm Dugesia japonica
Planarian flatworms have been used for over a century as models for regeneration. Planarians live in aquatic environments with constant exposure to microbes, but the mechanisms by which bacteria may mediate planarian regeneration are largely unknown. We characterized the microbiome of laboratory populations of the planarian Dugesia japonica and determined how individual bacteria impact D. japonica regeneration.
Middle Class Layaway Finance Finesse Keeps U.S. With $4 Trillion Of Debt
By Fredrick Lee By 2042, only 15% African American will be considered middle class U.S. Consumer debt has reached $4T Layaway installment plans from the past are making a return, as a way for African-Americans to possibly maintain their lifestyle. They are struggling to stay in the middle class while dealing with growing consumer debt. U.S. consumers have more than $4 trillion in debt and the Brookings Institute found that by 2042, only 15% of African Americans will be considered middle class.
Empowering through security
"Flee" is the Head of Information Security at Square. He has a history of solving security problems for a range of organizations all the way from large enterprises (Bank of America) to small startups (Twillio). He's experienced in building and leading global security teams and specializes in application security. He's passionate about all things security, but finds time to indulge in other hobbies including road cycling, mountain biking, rock climbing, snowboarding, backpacking, and photography.
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