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Black MBA NetWire
arrows March 2, 2017
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If the number of open positions at these 20 awesome companies are any indication, there are also plenty of new jobs to be had. (The Muse)
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We asked the experts how you can get an accurate picture of what it’s like inside a company beyond checking LinkedIn and Glassdoor. (Fast Company)
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The Dow on Wednesday blasted through the 21,000 mark for the first time after U.S. President Donald Trump's measured tone in his first speech to Congress lifted optimism and investors viewed a looming interest rate high as a glass half full. (The New York Times)
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Career
The eat what you kill mentality coupled with an often boys club work environment (think Susan Antila's "Tales From The Boom Boom Room") has been a less than stellar place for women to succeed. Today, women make up 16% of financial advisors across the country. Compare that with 47% of the overall workforce. (Forbes)
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For decades, industry conferences were regarded as a bit of a jaunt. A chance to hand out business cards, mingle with peers and indulge in complimentary wine and nibbles. But in the fast-paced tech industry, every second and dollar counts. (Entrepreneur)
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Northwestern Mutual
Diversity in the Workplace
Teams that reflect the composition of a company’s customer base in terms of gender, ethnicity, culture, sexual orientation, age and physical abilities are better positioned to understand its changing needs and develop winning innovations. (Tulsa World)
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International
The number of super-rich individuals is slated to explode over the next decade, driven by a huge increase of wealth in Asia. (CNN Money)
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As China shifts from a manufacturing-heavy economy toward a more service-oriented one, the country is "seeing a massive increase on a more affluent and organized consumer landscape," Angela Dong adds. "It’s interesting to think about how to [reach] over a billion people. That task sounds really hard," she admits. "But we organize ourselves by the sports." (Fortune)
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This year, a 300-mile railway will begin slicing through Kenya, cutting travel time between the capital, Nairobi, and one of East Africa’s largest ports, Mombasa, from 12 to four hours and breeding hopes of an economic and tourism revival in the region.. . . The railroad is one of a host of infrastructure projects China spearheads around the world in an ambitious quest to reinforce its emergence as the world's next economic superpower while President Trump turns his back on globalization. (USA TODAY)
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Education
Following weeks of anticipation, President Trump signed an executive order on historically black colleges and universities in the Oval Office on Tuesday, a day after meeting with dozens of HBCU leaders at the White House. Aside from the structural change and the establishment of a senior official to oversee the operation of the initiative, the executive order was not as strong as some HBCU leaders had hoped it would be. University leaders who came to Washington to meet with administration officials had called for a strong executive order with an "aspirational" funding goal that "would nearly double federal support to HBCUs," according to a memo from the United Negro College Fund. (The Chronicle of Higher Education)
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A new report from the U.S. Department of Education reports that there were 20,389,307 students enrolled in degree granting institutions in the fall of 2015. Of these, 2,606,038 were African Americans. Thus, Blacks were 12.8 percent of all enrollees in American higher education. (The Journal of Blacks in Higher Education)
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NBMBAA
Celebrate personal journeys of our members. National Black MBA Association Empowering Black business professionals through strategic business forces is fundamental to our character and the way we represent our members.
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Black Enterprise is holding its first ever BE Smart HBCU Summit at Morgan State University in Baltimore in the Earl G. Graves School of Business and Management, a 138,000-square-foot, state-of-the-art facility opened in November 2015. . . . What the world needs now is (tough) love, says NBMBAA president. (Black Enterprise)
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TIAA-CREF
Technology
The company said Wednesday that it plans to launch an app where diners can place orders for pickup. It will also start expanding its delivery services. The burger chain says the kiosks it's already bringing to U.S. stores will be able to access customers' app profiles, which can store "customized favorites and preferred payment methods." (CNN)
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Over time, the perseverance of African Americans in the face of insurmountable challenges has been extraordinary. Triumph over these challenges has created a powerful, close-knit community that is dedicated to positive change and development. Now, in Black History Month, let’s celebrate technology as the catalyst for further development, paving the way for new opportunities in the African American community. (Black Enterprise)
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For such a well-informed companion, your smartphone is remarkably good at playing dumb. Sure, it can quickly clue you in on world events with anxiety-inducing headlines and notify you of new social media followers, but these types of insights don’t even begin to tap into your phone’s extensive knowledge. What if, for instance, it could offer you a coupon for a free slice of pizza before you even noticed the new pizzeria up ahead? Or what if mobile games could adapt to your surroundings in a personalized way? (Fast Company)
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Entrepreneurship
Looking ahead at the administration's aims for for taxes, healthcare and business. (Entrepreneur)
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The Economy
In pursuit of the American Dream, more Americans are choosing to go into business for themselves. Including small and nonprofit businesses, in 2012, the U.S. Census Bureau’s Survey of Business Owners reported more than 27 million firms nationwide. (The Daily Iowan)
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The Federal Reserve said Wednesday that the U.S. economy has been growing at a moderate pace, helped by sustained gains in consumer spending. (The Washington Post)
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Personal Finance
Technology has made it easier than ever to keep a tight rein on your personal finances. With the right app, you can manage a personal daily budget, save for something specific—a dream vacation, for example—and even automate transfers from your checking account to your savings. (Black Enterprise)
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As part of a broader coalition effort to double the number of African American advisors over the next decade, the American College of Financial Services has launched the American College African American Scholarship Program. (Financial Advisor)
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Corporate America
African-American suppliers have played an important role in Delta’s success. Black History Month provides an opportunity to highlight the many efforts of its suppliers and the history of the Supplier Diversity program. (SAT Press Releases)
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U.S.-based global companies continue to rank among the most admired in the world, but some slipped in a new ranking of corporate reputations. (USA TODAY)
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Government
During Tuesday night's speech to Congress, President Donald Trump said . . . . we will provide massive tax relief for the middle class.This promise was surely met by cheers from coast to coast, as it should have been. But it raises an interesting question: how does a middle-class taxpayer measure whether the President delivers on his promise? Do you simply view the tax cuts for the middle class in isolation? Or must the cuts be viewed in their larger context, relative to those bestowed upon the richest Americans? (Forbes)
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Leadership
It was bound to happen: There’s that one person at work who, for whatever reason, you just cannot stand. If they’re on another team or are one of your counterparts, it’s workable, but what if you actually have to manage that person? If you happen to have a direct report that you’re not particularly fond of, you’re not the first manager to be in this situation. (Fast Company)
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