Arnold Hiatt is a businessman who always wanted to do more
than just make a profit: he wanted to make a difference. As president of the Stride Rite Corporation, he convinced his board to
give 5% of the company’s pretax earnings to social initiatives,
created the nation’s first on-site corporate day-care program,
and encouraged Stride Rite employees to work with inner-city
youth during work hours. In this story, we learn how one young
man, a Vietnamese refugee, benefited not only from Hiatt’s
generosity, but from his example. As a Harvard student who
received a Stride Rite scholarship, Van Truong was impressed
with the way Hiatt took a personal interest in him and his activities. “He showed us how to be public spirited,” he said. “In the
money-crazy 1980s, he was a visionary role model for us all.”
Van has decided to dedicate his life to public service, saying,
“Arnold Hiatt taught me the power of giving back, one person
at a time.”