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Black MBA NetWire
arrows April 21, 2016
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Abolitionist Harriet Tubman's image will appear on a new series of $20 bills, becoming the first African-American to appear on U.S. paper currency and the first woman in more than a century, the Treasury Department announced Wednesday. (USA TODAY)
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n his new book, Charles Duhigg explains how you can boost your productivity and improve your finances with a few easy strategies. (Fortune)
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Fortune favors the bold, goes the old Roman saying. Our research suggests fortune is not alone in this: so do the Americans and the Chinese. But although some cultures do like boldness in their leaders, and reward it when they see it, this isn’t universally true. Harvard Business Review)
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Regeneron Pharmaceuticals Inc.
Career
A growing number of top global companies are turning to outsiders in their planned succession processes, according to the annual CEO Success study conducted by PwC’s strategy consulting business Strategy&. (Harvard Business Review)
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With its refreshed app and some tricks, it’s time to make the uncoolest professional network part of your social-media routine. (Wall Street Journal)
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NBMBAA is seeking candidates in multiple positions for new office in Atlanta. View our current openings and stay tuned for more.
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Lincoln Financial Group
Diversity in the Workplace
Firms operating within the Lloyd’s of London insurance market are making strides to improve workplace diversity and inclusion, but there is still work to be done, according to a study published Tuesday. (Business Insurance)
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International
A Senate bill that would allow 9-11 victims to sue the Saudi government is provoking threats. (Fortune)
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As Brazil moves through the impeachment process that could oust President Dilma Rousseff from office, the country's already shaky economy faces much uncertainty. USA TODAY)
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Highmark, Inc
Education
The first African American woman to earn a Harvard MBA, Lillian Lambert arrived on campus at a time when no women were allowed to live in the business school’s accommodations. She walked a half mile to campus from her Radcliffe College graduate dormitory. (Black Enterprise)
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Faced with a tight budget, Dr. Harry L. Williams, president of Delaware State University, a historically Black institution, desperately sought ways to cut spending. And he found one. Williams eliminated a quarter of the university’s academic programs and started recruiting non-Black students. (Atlanta Black Star)
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When Rutgers Business School's Executive Education launched its new Mini-MBA: Business Management for Military and Veterans program, tailored for veterans transitioning into the workplace, it helped Rutgers earn the No. 3 spot in the 2016 "Best for Vets" business school ranking by the Military Times. (,i>PR Newswire)
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NBMBAA
The National Black MBA Association® provides financial support to students pursuing careers in business, academia, and related professions. Our mission is to identify and increase the pool of Black talent for business, public, private, and non-profit sectors. The program is supported by donations from our corporate and educational partners and members. Scholarship awards range from $1,000 to $10,000 however award amounts are contingent upon funding for the current year. Applications for undergraduate and graduate scholarships are due June 24, so apply today.
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NBMBAA® has forged strategic partnerships with top-tier Historically Black Colleges and Universities across the country to connect with the next generation of leaders and executives. The college tour will provide students with access to some of the nation's top business professionals for career advice and coaching, while arming students with the information, tools and tips needed to be successful in today’s job market. (,i>NBMBAA.org).)
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Northwestern Mutual
Technology
The tech industry, where a dearth of talent is driving annual salaries well above $100,000, dominates a new list of the top-paying companies in the U.S. (Wall Street Journal)
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Uber accounted for 43 percent of ground transportation business transactions last quarter on Certify, the second-largest provider of expense software in North America. Bloomberg)
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U.S. lawmakers Tuesday once again brought Apple, the FBI, security experts and law enforcement officials to testify on the ongoing debate over encryption and the ability of investigators to access data on electronic devices. (NPR)
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Entrepreneurship
When looking for new business or investment opportunities, many look toward owning successful franchises as the way to go. Here are a few of the pros and cons to weigh to determine if franchising is right for you. (,i>Black Enterprise)
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Finding your ideal client and employing a three-step formula to help market your business to success. (Entrepreneur)
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In these heady days for airlines, when they "own" hub cities and can charge $500 to change a ticket, one might wonder what happened to all the entrepreneurs. (Bloomberg)
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The Economy
Sen. Bernie Sanders says that if he is elected president in November, one of his first acts in office would be to begin breaking up the large financial institutions that pose a grave risk to the economy. But there's a problem with that idea: It's not clear the president has the legal authority to break up the banks.(NPR)
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Personal Finance
Like regular dentist visits, it’s important to do a personal economic checkup every few months. Otherwise, you might face nasty — and expensive — consequences down the road.(Time)
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MONEY gathered industry experts at the World MoneyShow conference in Orlando in March. During that discussion the panelists identified the following five guidelines for finding modern-day widows-and-orphans stocks. (Money)
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Sticking cash into savings won’t help if it comes right back out again. What you need are some ways to trick yourself into savings that actually last. (Money)
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Naylor Association Solutions
Professional Development
Retreats can achieve huge benefits for your business. They allow leaders to imagine pathways to future growth. They address difficult questions. They facilitate open feedback among employees and managers. And they provide opportunities to plan, debate, forge new relationships, reach a consensus, align around a vision and -- gasp -- allow people to have a bit of fun. (Entrepreneur)
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Naylor Association Solutions
Corporate America
In six major same-day delivery cities, however, the service area excludes predominantly black ZIP codes to varying degrees, according to a Bloomberg analysis that compared Amazon same-day delivery areas with U.S. Census Bureau data.Bloomberg)
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Based on figures provided by employee review website Glassdoor, 24/7 Wall St. examined the highest paying companies in America. Consulting firm A.T. Kearney leads U.S. companies with workers reporting median total annual compensation of $167,534. Technology company Broadcom rounds out the top 25 with a median compensation of $140,000 a year — tied with Adobe.(USA TODAY)
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Government
The CFPB’s Office of Minority and Women Inclusion (OMWI) has issued its third annual report to Congress covering the OMWI’s activities in 2015. The Dodd-Frank Act required the CFPB and various other federal agencies, including the Fed, OCC, FDIC, NCUA, and SEC, to establish an OMWI, and also required each OMWI to submit an annual report to Congress. (JD Supra Business Advisor)
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Is it time to end the quarterly earnings dance? That’s not an idle question. The Securities and Exchange Commission is mulling the idea.(Wall Street Journal)
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Leadership
There are many components of leadership success, but none of them is more important than the relationships you build, on and off the job. As John McGuirk says, "The ability to form friendships, to make people believe in you and trust you, is one of the few absolutely fundamental qualities of success." Entrepreneur)
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Lifestyle
After providing an alternative to hotel rooms for the last eight years, Airbnb now wants to help travelers better explore their destinations as well. (Fortune)
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