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Black MBA NetWire
arrows July 19, 2018
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Author John Hillen says only a small percentage of organizations make deliberate plans to grow their executives alongside their business. Because of this, it's incumbent upon leaders to take it upon themselves to adapt to the changes around them. If they don't, they will be at risk of hitting one of seven career stalls. (Fast Company)
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Despite the fact that many African Americans are denied business loans when they apply at major banks and credit unions, it doesn’t necessarily mean that they cannot get access to business credit. Here are the top ten myths and misconceptions that many Black entrepreneurs have regarding business credit: (Black News)
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An increasing labor shortage has given way to a growing number of people who are "ghosting" their jobs: not showing up for scheduled job interviews, accepting offers but blowing off the first day, and leaving positions with no notice. (USA TODAY)
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Lockheed Martin
Career
A healthy relationship between an employee and their boss can not only help improve the success of the company, but it may also foster a stronger quality of policies and work culture. (Forbes)
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There will come a point during a job offer when you'll have to talk specifically about your salary. It can be stressful, and negotiations can put you on a slippery slope. Here are some ways to figure out how much money you should ask for - and how to get it. (Business Insider)
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Diversity in the Workplace
The University of West Florida has created an online course that provides participants with tools to handle inclusivity and diversity issues within the workplace. The Cross-Cultural Competency course focuses on awareness, acceptance and respect. (Diverse Issues in Higher Education)
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In order for companies to sustain themselves, the search for diversity should accept cognitive differences and have a range of employees coming from different thinking and problem-solving backgrounds. (Gulf News)
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Publicis.Sapient Global Chief Experience Officer and Chief Creative Officer Donald Chestnut says he was recently reminded that one of the first steps to creating more diversity in the workplace, and providing women with a safe and respectful work environment, is to address the issue on a micro level. He has three tips that could help. (MediaPost)
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International
The European Union’s trade commissioner said Thursday she hopes an EU mission to Washington will help ease a transatlantic trade dispute, but in the event the dispute can't be settled, a list is being prepared of U.S. imports to hit if the United States imposes tariffs on EU cars. (Reuters)
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Education
Dartmouth College's MBA program is now weighing whether an applicant is "smart, nice, accomplished, and aware" with the addition of "nice" gaining attention in the higher education community. (Inside Higher Ed)
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Twenty-five Africans in Iowa are among 700 people from 49 countries taking part in a nationwide program that will help foster entrepreneurship around the world. The students - known as Mandela Fellows - visit companies and complete accelerated versions of American business school education. The goal is to help companies accelerate the business startup process. (The Gazette)
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In 1960 when she was six years old, Leona Tate became one of the first African American students to integrate an all-white school in the South - New Orleans. Now she holds summer camps for young black students to learn the history of civil rights and meet leaders in the fight for racial equality. (WWNO)
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NBMBAA
 
Registration is now open for the National Black MBA Association’s annual conference.
 
About 10,000 professionals are expected to attend the event 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 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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The Scale-Up Pitch Challenge deadline has been extended to July 22nd, 2018. There's still time to submit your "big idea" to compete in the Atlanta or Los Angeles regionals. If you think your startup embodies a "Big Idea" that can be even bigger, this challenge is for you! Remember, you must be a member of NBMBAA® to apply!
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Technology
Comcast announced today it is no longer pursuing its bid to buy some of 21 Century Fox's assets. The decision concluded a bidding war with Disney for assets, which did not include Fox News Channel and Fox Business. (Business Insider)
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Entrepreneurship
Despite tax breaks that could help a company's monetary value, black-owned businesses may not be better off under the Trump Administration, some business owners say. Trump's policies tend to favor big business. Also, the U.S. Bureau of Labor statistics projects the growth rate of the Black labor force to be slower than the growth rate of the black population between 2018-2026. (The Sacramento Observer)
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The Economy
After being stable for decades, the share of national income received by workers fell from about 65 percent in 1974 to approximately 57 percent in 2017. (Forbes)
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Federal Reserve Chairman Jerome Powell said earlier this week that the central bank plans to continue raising the interest rate about once every three months for the forseeable future. (MarketWatch)
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Corporate America
According to a special report in Advertising Age, many big-name corporations including McDonald's, Ford and General Mills are making the move toward making African Americans their lead consumers. (<i>Forbes</i>)
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