Black MBA NetWire

National Black MBA Association

Top News
Back-to-back controversies have helped highlight a generational and geographic divide that often bifurcates Boston’s black community. (Boston Globe)

Visit https://www.bostonglobe.com/business/2018/04/30/black-market/80ASe5jvJimc7j8J5f9Z9J/story.html to view the full article online.

 
Top MBA programs are adjusting their curriculum with expanded classes in digital currency and blockchain to keep up with demand from students and future employers. (CNBC)

Visit https://www.cnbc.com/2018/04/05/top-mba-programs-beef-up-cyrptocurrency-courses-to-keep-up-with-demand.html to view the full article online.

 
The two black men arrested for sitting at a Philadelphia Starbucks last month without ordering spoke out after reaching a settlement with the city for a symbolic $1 each and a $200,000 pledge from Philadelphia to fund a program for young entrepreneurs. (Fortune)

Visit http://fortune.com/2018/05/03/black-men-starbucks-philadelphia-settlement/ to view the full article online.

 
Career
Work life can be extremely stressful, and it can take a physical and emotional toll. Burnout can interfere with decision-making and and lead to decreased productivity. Here are some signs to watch for, and how you can combat burnout. (CNN Money)

Visit http://money.cnn.com/2018/04/18/pf/jobs/workplace-stress-burnout-signs/index.html?iid=ob_article_organicsidebar_expansion to view the full article online.

 
Top-level managers have a huge level of influence over those in their employment, and those who word under them tend to follow their lead with what's acceptable or not. Good leaders create a cohesive environment, but if they are not careful those at the top of a company can have a negative influence. Here are ways that culture can be fixed. (Harvard Business Review)

Visit https://hbr.org/2018/05/3-ways-senior-leaders-create-a-toxic-culture to view the full article online.

 
Diversity in the Workplace
One year after Verizon CEO Diego Scotti initiated a program or college students in the U.S. with diverse backgrounds and a marketing interest, the first participants in the program are nearing the end of their 8-month internship and Verizon will now try to learn from their success and failures. (ADWEEK)

Visit http://www.adweek.com/brand-marketing/what-verizon-learned-a-year-after-launching-its-diversity-focused-fellowship-program/ to view the full article online.

 
Top black lawmakers visited Apple, Twitter and other tech giants this week, as they continue their crusade to improve Silicon Valley’s hiring practices and train a new generation of diverse engineers and entrepreneurs. (The Seattle Times)

Visit https://www.seattletimes.com/business/black-lawmakers-visit-silicon-valley-to-press-apple-twitter-and-other-tech-giants-on-diversity/ to view the full article online.

 
While people of color make up 40% of nonprofit employees, they account for only 10% of CEOs and board chairs, and just 16% of all board members. (Fast Company)

Visit https://www.fastcompany.com/40563546/how-nonprofits-can-address-their-own-biases-to-build-better-diversity to view the full article online.

 
Naylor Association Solutions
Education
In response to a 2016 report that said African-American MBAs are severely underrepresented at business schools in the U.S., a number of organizations, institutions, and individuals have committed to increasing the number of black students in MBA programs and the marketplace that absorbs the MBAs they produce. (Business Because)

Visit https://www.businessbecause.com/news/mba-north-america/5230/5-best-business-schools-african-american-mbas to view the full article online.

 
Entrepreneurship
The University of Oxford Saïd’s Skoll Centre is leading the way in a groundbreaking field, combining entrepreneurship with positive social change. (Business Because)

Visit https://www.businessbecause.com/news/mba-entrepreneurs/5238/why-social-entrepreneurship-is-key-to-global-change to view the full article online.

 
Micah Wainwright, a veteran tax-auditing specialist, said there are opportunities for blacks to prosper in President Donald Trump's era. (Black Enterprise)

Visit http://www.blackenterprise.com/little-known-business-tax-plan-facts/ to view the full article online.

 
The Economy
The U.S. government said it's possible that gas will be about 14 percent higher this summer, coming at a time when the summer driving season is at its peak. The increase will be even higher on the West Coast. (CNN)

Visit http://money.cnn.com/2018/04/10/investing/gas-prices-summer-opec/index.html to view the full article online.

 
A Bank of America survey showed that 63 percent of small business owners say the new federal tax cuts will allow them to use the savings to increase investment, give raises and hire more employees. (Inc.)

Visit https://www.inc.com/yasmin-gagne/tax-cuts-fuel-small-business-optimism.html to view the full article online.

 
Macy's announcement this week that it has acquired Story, a retail store that changes inventory and themes every three months, could help save the struggling chain. (Forbes)

Visit https://www.forbes.com/sites/richardkestenbaum/2018/05/02/macys-makes-a-small-but-bold-move/#129bd4501109 to view the full article online.

 
Personal Finance
USA Today's money reporter Adam Shell on why 2018 won't be as lucrative for retirement investors as the previous year. (USA Today)

Visit https://www.usatoday.com/story/money/2018/05/01/401-k-smaller-gains-2018/561173002/ to view the full article online.

 
Corporate America
More than 3,000 employees signed a letter demanding an end to a program they believe isn't conducive to the company's mission. Project Maven, is designed to use Google's AI cloud software to target individuals through military surveillance, but employees say the company should not associate with military operations or warfare technologies. The battle highlights the problems that can occur when companies stray from their core mission. (Inc.)

Visit https://www.inc.com/brian-hart/googles-employee-revolt-highlights-dangers-of-drifting-away-from-your-mission.html?cid=hmside3 to view the full article online.

 
Workplace cultures that emphasize collaboration, sharing and innovation are far more likely to succeed. (Entrepreneur)

Visit https://www.entrepreneur.com/article/312230 to view the full article online.

 
National Black MBA Association, Inc. ® | 400 W. Peachtree St. NW, Suite 203 | Atlanta, GA 30308
www.nbmbaa.org
National Black MBA association INC