Black MBA NetWire

Motivation comes in many forms, but most of the time it's an intrinsic desire to act with clear intention and great purpose toward achieving something good. It comes from deep within, and both heart and mind have to be in the game. If you're in a leadership role, there's no question that you hold the key to unlocking the power of motivation to release discretionary effort in each person you lead. And it may all start with what you say. (Inc.)

Visit http://www.inc.com/marcel-schwantes/first-90-days-what-smart-leaders-say-to-motivate-employees.html?cid=hmcol2_1 to view the full article online.

If you are considering business ownership, it might seem like common sense to start with your passion. Everyone always says, "love what you do, and you will never work a day in your life." You're making this career move so you can finally love your work. But will your hobby actually translate into a business that makes you both happy and successful? Odds are, it won't. (Entrepreneur)

Visit https://www.entrepreneur.com/article/289014 to view the full article online.

This week, United Airlines introduced the change that no flyers were eagerly awaiting: "basic economy" class. You might think that some budget-conscious travellers would welcome the arrival of the new no-frills designation, which offers the lowest fares but strips away flyers’ ability to select their seats, bring full-size carry-on bags onto the plane and earn elite qualifying miles. They might, except basic economy doesn’t actually bring lower fares than the ones already available. (The Economist)

Visit http://www.economist.com/blogs/gulliver/2017/02/pay-same-get-less to view the full article online.

Often, the term "networking" has negative connotations associated with it. But at the end of the day, it’s just talking to people. We’re all capable of it every now and then, especially when we approach it in the right way. And there are big benefits to networking: It can help you land your next job, gain valuable professional contacts, or even make more friends. So, here are five tips to make networking less painful for introverts who hate doing it: (The Muse)

Visit https://www.themuse.com/advice/5-realistic-ways-for-introverts-to-make-networking-less-painful?ref=recently-published-0 to view the full article online.

While diversity training programs are a good way to build awareness of cultural differences, they usually are not as effective at changing attitudes and behaviors toward diverse groups in the workplace, according to new research from the University at Buffalo School of Management. (PHYS ORG)

Visit https://phys.org/news/2017-02-stronger-diversity.html to view the full article online.

FCA US LLC supplier diversity launched a new initiative on Feb. 20 aimed at connecting its purchasing organization with minority, women and veteran business associations by providing customized training, learning and development, and networking opportunities. Fifty certified African-American business owners attended the Inaugural Black Supplier Engagement Forum held at FCA US headquarters in Michigan. (PR Newswire)

Visit http://www.prnewswire.com/news-releases/the-power-of-engagement-new-fca-us-supplier-diversity-initiative-strengthens-ties-with-minority-business-associations-300410502.html to view the full article online.

Sexism in tech is "absolutely a systemic problem," Square CFO Sarah Friar told CNBC's Deirdre Bosa on Squawk Box Asia. Friar has held positions in a number of male-dominated industries, including tech and finance, where she was at Goldman Sachs for more than 10 years. (CNBC)

Visit http://www.cnbc.com/2017/02/22/square-cfo-sarah-friar-interview-sexism-in-tech-a-huge-problem.html to view the full article online.

Despite its vote to leave the European Union, plenty of Europeans still seem keen to move to Britain: in eastern European cities such as Kiev and Chisinau leaflets promising "English visas" still flutter. (The Economist)

Visit http://www.economist.com/news/britain/21717418-annual-net-migration-amounts-about-three-times-attendance-manchester-united-football to view the full article online.

The education sector needs talent and expertise from a variety of different fields with a variety of different perspectives. HBS is a great place to develop skills and experiences that school districts, universities, non-profits, state and federal agencies, think tanks, education start-ups, and large companies with education divisions are looking for in the next generation of innovators and leaders. (Harvard Business School)

Visit http://www.hbs.edu/mba/blog/post/education-sector-opportunities-at-hbs to view the full article online.

Ariane Cornell is just one example of a new breed of MBAs who are being lured into the space industry. While a high level of technical expertise is required for rocket science, it is not always enough. A demand for MBA-related skills such as sales, networking and change management is being spurred by a proliferation of space start-ups in Silicon Valley. (Financial Times)

Visit https://www.ft.com/content/5c2ff30c-e0c4-11e6-9645-c9357a75844a to view the full article online.

Lyft is trying to move faster to catch up with Uber. This year it launched in 40 cities and today it's announcing the launch of another 50. In total the company plans to launch in 100 cities by the end of 2017. The new cities extend across Minnesota, Wisconsin, Michigan, Illinois, Indiana, Iowa, North Dakota, Ohio, Kansas, Georgia, Alabama, Florida, Virginia, Massachusetts, and Texas. (Fast Company)

Visit https://news.fastcompany.com/lyft-expands-to-another-50-cities-announces-partnership-with-aaa-4031177 to view the full article online.

Facebook may pop more products into Facebook Messenger, The Information reported on Wednesday. Suggestions to buy something or make a reservation will be injected into conversations on Messenger, the technology blog reported. The suggestions, generated by artificial intelligence, will help users "discover" options for commerce within the app, the Information said. (CNBC)

Visit http://www.cnbc.com/2017/02/22/facebook-messenger-might-make-buying-suggestions.html to view the full article online.

In business and life, timing is everything. Here's how to recognize the signs it's time to launch your business and what to expect along the way. (Black Enterprise)

Visit http://www.blackenterprise.com/small-business/ready-start-business-signs-time-launch/ to view the full article online.

Black and Nobel, Hopkins’ shop at Broad and Erie, is weathering industry shifts. Brick-and-mortar black bookstores have become rarities, hit hard by online shopping and e-books. The African American Literature Book Club maintains a directory of black-owned bookstores, by state. Out of the three establishments listed for Pennsylvania, only two remain open: Hakim’s Bookstore and Gift Shop in West Philly, the oldest African American bookstore in the country, and Black and Nobel. (BillyPenn)

Visit https://billypenn.com/2017/02/20/inside-black-and-nobel-phillys-still-thriving-black-owned-bookstore/ to view the full article online.

Treasury Secretary Steven Mnuchin is promising that the Trump administration will get tax reform passed by August, although he says it will be years before it kicks economic growth into a higher gear. (CNN Money)

Visit http://money.cnn.com/2017/02/23/news/economy/mnuchin-tax-reform/index.html?iid=hp-toplead-dom to view the full article online.

President Donald Trump told about two dozen chief executives of major U.S. companies on Thursday he plans to bring many millions of jobs back to the United States. (The New York Times)

Visit https://www.nytimes.com/reuters/2017/02/23/business/23reuters-usa-trump-ceos.html?src=busln&_r=0 to view the full article online.

Treasury secretary Steven Mnuchin said that the stronger US dollar is a good thing and signals investors' confidence in America. (Business Insider)

Visit http://www.businessinsider.com/treasury-secretary-mnuchin-likes-strong-dollar-2017-2 to view the full article online.

If you’re like most people, you were raised with the idea that the ultimate sign of success is when you buy a home. You may be shocked to find out that this mantra, which has been filtered through to all of us, is wrong. (Black Enterprise)

Visit http://www.blackenterprise.com/money-featured/buy-a-home-investment-maryann-reid/ to view the full article online.

A third of U.S. adults are eating out less frequently than three months ago, mostly because of cost, according to a new Reuters/Ipsos survey that illustrates the challenge for U.S. restaurants seeking to revive traffic after zero growth in 2016. (CNBC)

Visit http://www.cnbc.com/2017/02/22/americans-eat-out-less-as-restaurants-raise-menu-prices-poll-finds.html to view the full article online.

Black-owned banks in the U.S. were once a financial haven for African-Americans at a time when discrimination in the industry was common. Today, these banks function as engines for economic revitalization in often-distressed communities. But their numbers are in decline, and some people are trying to change that. (USA TODAY)

Visit http://www.usatoday.com/story/money/personalfinance/2017/02/16/why-america-needs-black-owned-banks/97892444/ to view the full article online.

A rapid expansion of Prime plus bold bets in the physical world are allowing the retailer to offer even more, even faster and smarter. (Fast Company)

Visit https://www.fastcompany.com/3067455/most-innovative-companies/why-amazon-is-the-worlds-most-innovative-company-of-2017 to view the full article online.

Federal Reserve officials want investors to believe that every meeting is a live one, with the possibility always there that the central bank will hike interest rates in response to financial conditions. The market, though, is unconvinced, particularly as it concerns the March meeting, which in some sense could be the Fed's most important of the year. (CNBC)

Visit http://www.cnbc.com/2017/02/21/the-fed-and-the-market-are-having-a-hard-time-getting-on-the-same-page.html to view the full article online.

The largest of Google.org's new grants, $5 million, will go to the Center for Policing Equity. It's a think tank based in New York that's working with police departments and communities to create a database that tracks police interactions with citizens across the country. In addition to cash, Google engineers will also lend their time and skills to help the organization's efforts. (CNN Money)

Visit http://money.cnn.com/2017/02/23/technology/google-racial-justice-grants/index.html?iid=hp-stack-dom to view the full article online.

Last week Mark Zuckerberg published a strong defense of both globalization and Facebook’s business model. In a nearly 6,000-word letter, he argued persuasively that Facebook thrives under a globalized socioeconomic system, where barriers to information, labor, capital, and products are minimal. . . Zuckerberg’s letter offers a lesson in how the purpose of an organization can be communicated in an authentic way. (Harvard Business Review)

Visit https://hbr.org/2017/02/what-mark-zuckerberg-understands-about-corporate-purpose?referral=00563&cm_mmc=email-_-newsletter-_-daily_alert-_-alert_date&utm_source=newsletter_daily_alert&utm_medium=email&utm_campaign=alert_date&spMailingID=16624751&spUserID=M to view the full article online.