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The National Black MBA Association® Annual Conference and Exposition is one of the largest professional development and job search events. Each year, the event attracts more than 9,000 attendees. Sessions are held on topics including: career, education, entrepreneurship, lifestyle and leadership. The NBMBAA® Annual Conference offers a myriad of opportunities designed to meet your professional development, branding, recruiting, retention and corporate citizenship goals. We will be finalizing the events in the coming months! Don't miss out become a member today! Visit http://www.nbmbaaconference.org/ to view the full article online. Clearly you can have a rewarding life and career without an MBA. And you can certainly become rich and powerful without one, as Bill Gates, Jeff Bezos, Richard Branson, and Amancio Ortega can testify.
But when you’re creating the next Google (GOOG), Tencent (700:HK), or Apple (AAPL), you’re going to need people with the training, skills, and network that business education is uniquely good at providing. There’s a reason all of those companies hire people with MBAs. Visit http://www.businessweek.com/articles/2014-05-13/yes-the-world-needs-more-mbas-dot-heres-why#r=bus-ls to view the full article online. For entrepreneurs in America, it is the best of times, and it is the worst of times. It is "the age of the start-up," and "American entrepreneurship is plummeting." We are witnessing the Cambrian Explosion of apps and the mass extinction of apps. These are the glory days of risk, and we are taking fewer risks than ever. Tech valuations are soaring, and tech valuations are collapsing, and tech valuations are irrelevant. "A million users" has never been more attainable, and "a million users" has never been more meaningless. It is the spring of hope. It is the winter of despair.
Visit http://www.theatlantic.com/business/archive/2014/05/entrepreneurship-in-america-is-dying-wait-what-does-that-actually-mean/362097/ to view the full article online. Budgeting is a hard financial habit to start and maintain. It's like a following a diet: We typically know what to do to maintain a healthy lifestyle -- eat right and exercise -- but that doesn't mean it's easy for most of us.
So yes, we know that we should budget each month, track our income, and track our expenses down to the last penny. Every dollar should have a job assigned to it. But we don't budget, or only budget halfheartedly, with plenty of bouts of backsliding. Here are a few other ways that your budget will remind you of your diet -- and a few ways to take back control over it. Visit http://www.dailyfinance.com/2014/05/15/budgeting-is-like-dieting-its-a-long-twisty-road-to-success/ to view the full article online. A new animated map, Breathing City, beautifully visualizes the cliché of New York as the "city that never sleeps." The map displays a 24-hour cycle of Manhattan’s populations at work and home. The slightly lung-shaped island appears to breathe as it reflects hourly changes, flaring orange (people working) midday, and cooling into an electric blue (people at home) at night. Times Square and the Financial District, where workers on the graveyard shift are most densely concentrated, glow around the clock.
Visit http://www.fastcodesign.com/3030651/infographic-of-the-day/animated-map-visualizes-nycs-raging-workaholism to view the full article online. I have a thing for deadlines. I don’t like to miss them.
I once turned in a book manuscript 11 days after giving birth, which may sound extreme, but really isn’t. I had nine months of warning on both the baby and the book, so I planned ahead, finishing the manuscript a month ahead of time, and then using those last weeks to polish. So I was fascinated to read a recent Wall Street Journal article claiming that deadlines might not be good. Writer Andrew Blackman interviewed Richard Boyatzis, a professor at Case Western Reserve University who studies organizational behavior and cognitive science. He said that "The research shows us that the more stressful a deadline is, the less open you are to other ways of approaching the problem ... The very moments when in organizations we want people to think outside the box, they can’t even see the box." Visit http://www.fastcompany.com/3030567/work-smart/the-case-for-and-against-stressful-deadlines to view the full article online. Diversity in the Workplace
The New York Times announced Wednesday that Executive Editor Jill Abramson will be leaving the position and managing editor of the newspaper, Dean Baquet, will replace her.
Visit http://www.blackenterprise.com/news/the-new-york-times-names-first-african-american-executive-editor/ to view the full article online. International
About 17 percent of the students at the University of London’s London Business School’s full-time MBA program hail from North America. Just under one-third are women, according to Bloomberg Businessweek’s latest rankings profile.
LBS, which earned top place in our ranking of international MBA programs, wants more applicants who fit both criteria. "Two years ago, we set a target for 30 percent [women students]—we’ve exceeded that every year," says Wendy Alexander, an associate dean at the school. "But if you look at where Wharton and others are, we need to do better." Visit http://www.businessweek.com/articles/2014-05-13/europes-top-b-school-courts-women-by-analyzing-candid-americans#r=hpt-ls to view the full article online. Eurozone economic growth lost momentum in the first three months of 2014, official figures show, with the growth rate unchanged from the previous quarter at 0.2%.
That was weaker than many economists had expected. German growth picked up pace, with the economy expanding by 0.8%. But France and Italy disappointed. The French economy failed to grow, while Italy's contracted by 0.1%, having only just emerged from recession last year. Visit http://www.bbc.com/news/business-27420617 to view the full article online. Education
Commencement season started way back in March, if you count the speech that startup guru Steve Blank gave to MBAs at ESADE Business School in Barcelona. In the U.S., corporate executives are just beginning their annual campus speaking tours.
Last week, Whirlpool (WHR) Chief Executive Officer Jeff Fettig spoke at Indiana University’s Kelley School of Business, where his son Jay is a member of the graduating MBA class. Music mogul Sean "Diddy" Combs, meanwhile, toasted graduates at Howard University. Visit http://www.businessweek.com/articles/2014-05-13/coming-soon-to-an-mba-commencement-near-you#r=hpt-ls to view the full article online. On a grey and blustery Boston evening, the lights are bright and the minds are whirling inside Harvard’s i-Lab. Tucked away in a glass-and-white-walled conference room, four second-year MBAs are deep in conversation, eyes glued to a flat-screen TV displaying a PowerPoint pitch deck. Should they tweak the wording, drop a slide, rearrange the graphics?
Visit http://poetsandquants.com/2014/05/12/how-to-compete-in-harvards-top-business-plan-contest/ to view the full article online. You notched a 3.8 undergrad GPA from a Big Ten school. You scored 720 on your GMAT. And you’ve landed two promotions since you graduated. Still, you have some doubts. You dodged those ‘numbers’ courses as an undergrad. You can’t code. And a 70-hour work week doesn’t leave much time to mentor the underprivileged.
Visit http://poetsandquants.com/2014/05/01/how-to-get-accepted-by-a-top-business-school-the-best-of-jon-fuller/ to view the full article online. NBMBAA
Thank You for Making Our 1st NBMBAA® Regional Symposium a Success! Join us for our 2nd event in Chicago, July 17th
Visit http://www.nbmbaa.org/events/regSymposiums.aspx to view the full article online. Just five minutes and a genius business idea can help you to win big. Three people will have five minutes each to sell their business idea to a mixed panel of venture capitalists, academic instructors and successful entrepreneurs. Applicants must be a member of the National Black MBA Association. The winner will receive $10,000. Registration is now open. Deadline is Tuesday, July 15, 2014.
Visit http://nbmbaawhiteboardchallenge2014.istart.org/ to view the full article online. Technology
If you live in the U.S. and you have $1,500 to burn, Google Glass can now be yours.
About a month ago, Google briefly made the device available to anyone in the U.S. for a single day. Yesterday, the Mountain View, Calif.-based company announced that it is putting Google Glass back on sale for an undisclosed amount of time. "We learned a lot when we opened our site a few weeks ago, so we’ve decided to move to a more open beta," the company wrote in a blog post. "We’re still in the Explorer Program while we continue to improve our hardware and software, but starting today anyone in the U.S. can buy the Glass Explorer Edition, as long as we have it on hand." Visit http://www.entrepreneur.com/article/233914 to view the full article online. Customer acquisition is a major priority for most startups, but that doesn’t mean that you have to do everything by hand.
Adding any of the following tools to the various stages of your company’s acquisition process can help you ramp up your client base as quickly and efficiently as possible. Visit http://www.fastcompany.com/3030575/work-smart/7-customer-acquisition-apps-to-add-to-your-arsenal to view the full article online. Entrepreneurship
The second day of the Black Enterprise Entrepreneurs Conference has begun, kicking off with a one-on-one chat with the queen of franchising, Valerie Daniels-Carter. Co-founder, president and CEO of V&J Holdings, Daniels-Carter leads one of the largest women and African American-owned fast food operations in the nation.
Visit http://www.blackenterprise.com/small-business/entrepreneurs-conference-day-2-valerie-daniels-carter-franchising-how-t/ to view the full article online. The Black Enterprise Entrepreneurs Conference, sponsored by Nationwide, is underway in Columbus, Ohio. It kicked off on Wednesday with a one-on-one chat led by Black Enterprise’s Alfred Edmond, Jr., after which, Rodney S. Sampson, executive-in-charge of diversity and inclusion for hit TV show Shark Tank moderated a panel of entrepreneurs. The discussed raising capital through equity.
Visit http://www.blackenterprise.com/event/entrepreneurs-conference-accessing-equity-capital-panel-talks-crowdfunding-angel-investment/ to view the full article online. When Matthew Corrin imagined the opening of his fresh-produce-serving, fast-food restaurant, he imagined a line-up of hungry office workers looking for a healthy lunch alternative to greasy fast food chains. What actually happened was chaos.
On opening day, the founder and CEO of Freshii sliced his finger and had to rush his kitchen manager, who’d broken his nose after fainting at the sight of Corrin’s bloody finger, to the hospital. His business was off to a rough start. Then again, what would you expect of a 23-year-old who had never taken a business course or worked in food service? Visit http://www.fastcompany.com/3030569/hit-the-ground-running/when-founding-a-company-with-no-experience-isnt-a-huge-mistake to view the full article online. The Economy
Is student loan debt holding back the economy? There’s some new evidence that the answer may indeed be a big "yes."
In the past, it was easy to ignore the role that student borrowing might play in the overall economy. A decade ago, there was only about $300 billion in such loans outstanding, and even now the $1.1 trillion in student loan debt is dwarfed by mortgage debt. But people who borrow money to pay for their education can’t simply walk away without paying, unlike with mortgages, car loans or credit cards; there is no equivalent of foreclosure, and student loan debts aren’t cleared by bankruptcy. Visit http://www.nytimes.com/2014/05/15/upshot/the-role-of-student-debt-in-stunting-the-recovery.html?ref=economy&_r=0 to view the full article online. The number of people seeking U.S. unemployment benefits fell to the lowest level in seven years last week, a sign the job market is steadily improving. Weekly unemployment benefit applications dropped 24,000 to 297,000, the Labor Department said Thursday. That’s the fewest since May 12, 2007. The four week average, a less volatile measure, dipped 2,000 to 323,250.
Visit http://www.washingtonpost.com/business/fewest-americans-in-7-years-seek-unemployment-aid/2014/05/15/ca07d546-dc2d-11e3-a837-8835df6c12c4_story.html to view the full article online. Personal Finance
Few things scare Americans more than the thought of facing a tax audit. According to the Internal Revenue Service's Oversight Board's 2013 Taxpayer Attitude Survey, only the sense of personal integrity was a more important reason than fear of an audit in explaining why so many Americans are honest about paying their taxes. In fact, many taxpayers choose not to take benefits to which they're legally entitled -- simply because they think it would increase their chances of getting audited.
In order to give scared taxpayers peace of mind, some tax preparation companies have introduced audit insurance products. But with the odds of an audit so low, does it make sense to pay even a small amount to protect you from the expenses involved in an IRS audit? Let's take a closer look. Visit http://www.dailyfinance.com/2014/05/15/audit-insurance-you-dont-need-it/ to view the full article online. Government
With the Federal Reserve pumping trillions of dollars into the economy the past several years, why has inflation remained so low?
Visit http://www.npr.org/2014/05/15/312674256/why-inflation-is-low-and-likely-to-stay-there to view the full article online. Leadership
We’ve created a trap for ourselves in the way we talk about leadership.
This trap can warp our behavior, worsen our leadership, and set back the very goals we set out to achieve. It’s a trap built of words and mindsets that can be hard to break, but recognizing that trap is half the battle. The trap comes from the two different meanings of the word leadership. Visit http://www.fastcompany.com/3030627/ignore-the-impostors-this-is-what-stellar-leadership-really-looks-like to view the full article online. |