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Black MBA NetWire
arrows March 1, 2018
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Black Americans make up an estimated 14 percent of the U.S. workforce, but are grossly under-represented in executive positions: the C-Suite. But as more and more studies provide a clear connection between diversity and the financial success of companies, it's time to take a look at companies that do well in this area to determine what they are successfully achieving. (Forbes)
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A review of white-collar employment data from the U.S. Equal Employment Opportunity Commission reveals serious gaps in income, promotional opportunities, and advancement for minorities and women of all races. (Harvard Business Review)
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Based on poll results from a 2018 survey by staffing firm Robert Half, the majority of job finalists are not leveraging bargaining power that exists in what is currently considered a candidates' market. (Society for Human Resource Management)
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CVS Health Corporation
Career
It's critical to make an outstanding first impression in an interview - and it's not just limited to your attire. Here is a list of some of the all-time best pre-interview tips to help you leave a great impression on your potential employers. (The Muse)
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If you want to hire - and keep- good employees, it's imperative as a manager that you're capable of recognizing your faults and weaknesses as a leader. Here are five reasons that lead to qualified workers walking out the door. (Inc.)
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Diversity in the Workplace
In a youth-obsessed employment market, age discrimination could cost your company strong candidates and diverse teams. (SHRM)
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International
One of the EU's top officials said this week that "There can be no frictionless trade outside of the customs union and the single market', a hope British Prime Minister Theresa May has expressed. (CNN Money)
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In the short-term there is a prospect of bad news for those companies involved in business in China: U.S.-China trade friction is heating up. (Forbes)
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Naylor Association Solutions
Education
This past December, Winnie Ingram achieved a life-long dream by earning her Master of Business Administration from Bethel University. Ingram is 72 years old. (The Jackson Sun)
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Harvard Business School will honor the accomplishments of black alumni this spring to celebrate the 50th anniversary of the founding of the school's African-American Student Union. (The Crimson)
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Technology
AMC announced this week it has plans to purchase a majority stake in RLJ Entertainment - the company founded by BET's Robert L. Johnson. AMC will take control oftwo of RLJ's stremaing services: Acorn TV and the Urban Movie Channel. (Black Enterprise)
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There is a lot more to earning consecutive titles of best place in America to work than just perks like free food and free rides. Just ask the employees at Facebook. (CNET)
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Entrepreneurship
Black business owners in America own 2.6 million small businesses, which employ about 975,000 people and generate more than $150 billion, according to a report by the Small Business Administration. (ACA International)
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The Economy
The Bunche Center at UCLA has released its fifth annual study on diversity in the entertainment industry and among the results is this: of 5 of the top 10 films at the global box office, minorities accounted for the majority of the tickets purchased. (Fox Business)
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U.S. stocks suffered their first 10% drop in two years in February, the decrease sparked by fears the economy was gaining too much steam and inflation was rising enough to push long-term borrowing costs up and prompt the Federal Reserve to raise interest rates more aggressively this year. . . On Tuesday, a 1.3 percent drop has investors worried that fears have resurfaced. (USA TODAY)
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Personal Finance
A newly released study from Elevate’s Center for the New Middle Class (CNMC) found that even when African Americans had prime credit scores – or scores of 700 or above – their financial wellness resembles the broader non-prime community. (Business Wire)
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Corporate America
After years of being able to avoid political controversies, corporate America is being hit with a new reality. Customers are more and more demanding that companies take a side in growing political battles. (CNN Money)
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Leadership
A group of leaders from historically black colleges and universities in the U.S. were part of a group of in-depth meetings with members of some of the nation's top corporations - such as Starbucks, Walmart and Google - during the second annual Fly-in, sponsored by Republicans in Congress. (Associated Press)
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Lifestyle
Black Panther, the groundbreaking superhero motion picture, defied expectations in its second weekend, grossing $111.7 million from 4,020 theaters to score the top second weekend of all time behind 2015's Star Wars: The Force Awakens. The movie concluded the weekend on Sunday with a domestic total of $403.6 million. (Hollywood Reporter)
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