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Black MBA NetWire
arrows June 28, 2018
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By 2020, 60 percent of America's workforce will be Millennials and the generation born after 2000. With that in mind, it's very smart business for leaders to learn exactly what types of things attract members of these two generations, and how to hire them. (Inc.)
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There are many changes involved when you receive a promotion to a new job, particularly relationships on the job. You probably have a new boss, you are now above some who were once on your level, and your role with others may change. Here is how you can succeed without appearing as if you're above anyone and turning off everyone in the office. (Harvard Business Review)
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Career
When you receive a job offer, it's easy to get caught up in the title or the money the company may be offering. But take a step back. It’s hard to get a real sense of a company’s culture in a 20-minute interview, so here are some things to look for. (Fast Company)
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Diversity in the Workplace
Forget the common belief that women are less likely to get a raise than men because they don't ask. New research shows that women do ask just as often as men. They just don't get yes for an answer. (Harvard Business Review)
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According to Namely's Workplace Diversity Report 2018, despite the fact that diversity produces greater productivity and profitability, managers are more likely to hire people of the same ethnicity and gender. (Benefits Pro)
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International
The United Kingdom's Brexit plans hit another major bump late last week. Global aviation giant Airbus has threatened to pull out of the country if the government leaves the European Union without a deal on future trading relations. U.K. workers make the wings for Airbus planes that are later assembled in Germany and France. (NBC News)
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Naylor Association Solutions
NBMBAA
Early bird registration for the NBMBAA annual conference is available until July 11, 2018.
 
About 10,000 professionals are expected to attend the National Black MBA® Association’s annual conference when it returns to the city where it first convened four decades ago: Detroit.

Cobo Center will be the site of the 40th Annual Conference and Exposition where 10 entrepreneurs will have a chance to pitch ideas for thousands of dollars in investments at the Scale-Up Pitch Challenge. Registration is open for the conference, scheduled for Sept. 25-29, whose "OneVoice.OneMission" theme will promote educational and economic empowerment for black Americans.
 
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Technology
The European Union's General Data Protection Regulation took effect last week, which means citizens now have more control over how their information is gathered and used - making the EU's privacy laws stronger than those in the United States. (Fortune)
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More than half of the current and former attendees at the annual Black Hat USA security conference said they have begun limiting their use of Facebook, or not using it, after the recent problems with the company's security issues. (Fast Company)
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Entrepreneurship
National Black MBA Association® launched the Scale-Up Pitch Challenge in 2017 to address our 2020 Vision Goal of awarding $2 million in Business Grants to our membership. This challenge is a pitch competition designed to "Make Big Ideas Bigger" by encouraging our members to create startups that are scalable. We provide startups the unique opportunity to connect with early stage investors and venture capitalists who are ready to invest. Culminating at the 40th Annual Conference & Exposition in September, the winning team will be awarded a $50,000 Grand Prize, with additional to prizes for 2nd place and a 3rd prize called the People’s Choice Award. If you think your startup embodies a "Big Idea" that can be even bigger, this challenge is for you!
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Women Grow is a for-profit company co-founded in 2014 to help women launch businesses in the legal marijuana industry. (USA TODAY)
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The Economy
Uncertainty amidst the new, and escalating, trade wars has many American businesses pondering hiring reductions and shifting production overseas. (NBC News)
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The risk of a global trade war is rising. That could sink the US economy into a recession, bringing an end to the second-longest expansion in American history. (CNN)
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Personal Finance
There is no sure-fire way to get out of debt that applies to everyone, but there are general principles that everyone can adhere to. Here are five ways you can erase your credit card debt. (USA TODAY)
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Corporate America
Harley-Davidson announced this week it will shift production of its bikes overseas to avoid stiff tariffs imposed by the European Union in retaliation to President Donald Trump's trade measures. The company said it wasn't its desire to move production, but it is the only sustainable option to make its motorcycles accessible to customers in the E.U. and maintain business in Europe. (The New York Times)
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