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Every year Forbes scans America’s largest fortunes to determine the wealthiest person in every state. This year’s list is a lesson in "the rich get richer." All but one person on the 2017 ranking also made last year’s ranking — but these state-leading tycoons saw their fortunes rise by $1.74 billion on average. In all, we recorded 52 people (there were ties in two states) worth an aggregate $747 billion — up from $682 billion last year. Nearly 70% of them, or 36 people, are wealthier than last year; only 12 saw a decline in the value of their net worth. Their fortunes average $14.4 billion, up from $12.6 billion in 2016. (Forbes)
Visit https://www.forbes.com/sites/chasewithorn/2017/06/21/meet-the-richest-person-in-every-state-2017/#c0d5430c206f to view the full article online. |
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When you’re not looking for a job, it can be easy to ignore your LinkedIn profile. Sure, you add people you meet at networking events as contacts and accept requests as they come in, but everything else? Eh, you’ll get to it when you need to. While we definitely don’t recommend this approach (hey, the recruiter from your dream company finding you and offering you a job? It could happen), we get that there are times you need a total LinkedIn profile overhaul. And for those times? We’ve got you covered! (The Muse)
Visit https://www.themuse.com/advice/the-31-best-linkedin-profile-tips-for-job-seekers?ref=long-reads-1 to view the full article online. |
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For traditional Black businesses, the effect of (gentrification) can be twofold. First, many Black businesses in gentrified areas find their leases to be illegally broken or challenged by property owners desperate to cash in. Second, those that could somehow hold on to their leases now face a customer base radically different from what they previously had that may be at odds to the products being served, increased competition and a raise in price for key services. (Atlanta Black Star)
Visit http://atlantablackstar.com/2017/06/20/how-gentrification-is-undermining-the-notion-of-black-community-and-destroying-black-businesses/ to view the full article online. |
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Looking for something new to listen to? These podcasts offer plenty to inform, inspire, and entertain you. Spend your lunch break with these tasty takes on work culture, tech, food, fashion, and other topics. (Fast Company)
Visit https://www.fastcompany.com/40427338/10-great-business-podcasts to view the full article online. |
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Don’t let burnout ruin the morale of your company. Instead, follow these six ways to promote a healthy work-life balance for employees. As a leader, your employees often look to you as an example of how to act, what to say and how decisions are made. Your patterns, habits and actions serve as the model for employees who strive to stay in line with company standards. (Business.com)
Visit https://www.business.com/articles/jason-richmond-work-life-balance-employees/ to view the full article online. |
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Diversity and inclusion are not only beneficial to employees but also to businesses as a whole. Here we look at why you need to be considering them.The traditional workplace is changing. Cultured and diverse workforces are becoming a key element to successful businesses, as they no longer become a PR stunt to improve company image but are instead now a commitment to positive change. A diverse workplace not only provides benefits for employees but also encourages strong business gains. (Virtual College)
Visit https://www.virtual-college.co.uk/news/virtual-college/2017/06/office-politics-the-importance-of-deliberate-practise-inclusion-and-diversity to view the full article online. |
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With widespread discriminatory violations continuing to be committed across organisations, the rule of law is directly related to the implementation and enforcement of rights, and respect for the rule of law is inextricably linked to the way companies engage in business, and the ethics of workplace relations. (Lawyers Weekly)
Visit https://www.lawyersweekly.com.au/wig-chamber/21314-a-discrimination-free-workplace-saves-companies-from-hefty-lawsuits to view the full article online. |
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The Hershey Company announced that Michele Buck signed the CEO Action for Diversity & Inclusion™ commitment to advance diversity and inclusion within the workplace by working collectively across organizations and sectors. The collaborative of more than 150 chief executive officers pledged to cultivate a trusting environment where all ideas are welcomed and employees feel comfortable and empowered to discuss diversity and inclusion. (Globe Newswire)
Visit https://globenewswire.com/news-release/2017/06/15/1024770/0/en/Hershey-Expands-Commitment-to-Diversity-and-Inclusion-With-New-Pledges-and-Accolades.html to view the full article online. |
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Thirty minutes by car into the scrubby desert outside Korla, in China’s remote Xinjiang region, a textile manufacturer owned by Jinsheng Group is building its latest factory complex. Inside the 16 billion-yuan ($2.4 billion) facility—a collection of stark white warehouses surrounded by an enormous expanse of pristine artificial grass—are rows of huge cotton spools, more than a million bright red and blue spindles, and almost no people. A few German engineers wander around, making sure the equipment runs at peak efficiency. This is the depopulated future of an industry that’s lifted millions of Asians out of poverty. (Businessweek)
Visit https://www.bloomberg.com/news/features/2017-06-21/this-economic-model-organized-asia-for-decades-now-it-s-broken to view the full article online. |
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For 51 years, the Consortium for Graduate Study in Management has been the leader in increasing the ranks of underrepresented minorities in business education and corporate leadership. Now it has expanded its reach among the nation’s top MBA programs with the addition of Rice’s Jones Graduate School of Business. The Jones School, consistently ranked as a top-20 program, officially joins the consortium July 1, following approval June 13 by the consortium’s board of trustees and the signing of the university’s membership agreement June 19. (Rice University)
Visit http://www.tmc.edu/news/2017/06/rices-jones-school-joins-consortium-graduate-study-management/ to view the full article online. |
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Join us in Philadelphia this September for the nation's premier diversity career, education and networking event. Register now for the 2017 Annual Conference and Expo, presented by NBMBAA and Prospanica, and take advantage of early pricing discounts and best hotel locations.
Visit https://nbmbaa.org/conference/ to view the full article online. |
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The National Association of Professional Women (NAPW) honors JaJuan Williams as a 2017-2018 inductee into its VIP Woman of the Year Circle. She is recognized with this prestigious distinction for leadership in entrepreneurship. NAPW is the nation’s leading networking organization exclusively for professional women, boasting more than 850,000 members, a thriving eChapter and over 200 operating Local Chapters. (prweb)
Visit http://www.prweb.com/releases/napw/financeinvestmentnc/prweb14438111.htm to view the full article online. |
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Dogged by scandal and the resignation of its top boss, the ride-summoning company Uber is hoping to win customer loyalty with a series of changes to its app. Chief among them: Uber riders will soon be able to pay gratuities to their drivers inside the app instead of having to tip with cash. (The New York Times)
Visit https://www.nytimes.com/2017/06/21/technology/uber-gratuity-changes-what-you-need-to-know-about.html?ref=business to view the full article online. |
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European leaders struck by a wave of terror attacks are putting added pressure on technology companies including Facebook Inc., Twitter Inc. and Alphabet Inc.’s Google to weed out extremist content spread with social media. According to draft conclusions of a summit of European Union leaders under way in Brussels, technology companies will be told to develop methods that automatically detect and remove content that may incite violence. "Industry has its own responsibility to help combat terrorism and crime online," the bloc’s 28 governments will say, according to the draft statement obtained by Bloomberg. (Bloomberg)
Visit https://www.bloomberg.com/news/articles/2017-06-22/facebook-google-face-more-pressure-to-curtail-extremist-content to view the full article online. |
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Travis Kalanick’s spectacular rise and fall at Uber contains many lessons for the technology industry. But one lesson should rise above the others: This was not just Mr. Kalanick’s failure — it was far bigger. What happened at Uber is an indictment of everyone who enabled Mr. Kalanick’s worst tendencies and practices, which is just about everyone in a position of power at the ride-hailing company and its funders. In other words, this was systemic. Top to bottom, Uber was a failure of Silicon Valley’s start-up machine. (The New York Times)
Visit https://www.nytimes.com/2017/06/21/technology/uber-start-up-lessons.html?ref=business to view the full article online. |
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It's easy to blow it in the heat of closing a big deal. These highly successful entrepreneurs—and members of The Oracles—share how to make your negotiations smoother, more profitable, and how to get that handshake and signature on the dotted line. (Entrepreneur)
Visit https://www.entrepreneur.com/article/294067 to view the full article online. |
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Each day at Zimmer Biomet headquarters, machinists on one robot-assisted factory floor churn out about 3,000 metallic knee parts. They are facing pressure to crank up the pace as the population ages and demand soars.
But the artificial-bone giant is grappling with a steep downside of the nation’s low unemployment rate: It is struggling to find enough workers, despite offering some of the region’s best pay and benefits. Forty positions sit open.Other manufacturers in Kosciusko County, home to roughly one-third of global orthopedic device production, are running into the same problem. (The Washington Post) Visit https://www.washingtonpost.com/business/economy/in-this-part-of-the-midwest-the-problem-isnt-china-its-too-many-jobs/2017/06/20/a6646572-5205-11e7-b064-828ba60fbb98_story.html?hpid=hp_hp-top-table-main_warsaw706pm%3Ahomepage%2Fstory&utm_term=.018a05b35309 to view the full article online. |
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By 2025, Bain & Co.projects that Millennials and Generation Z will account for 45% of the global personal luxury goods market. While that presents great opportunities for many brands, the challenges are also considerable because Millennials think and shop differently from previous generations. (Forbes)
Visit https://www.forbes.com/sites/msolomon/2017/06/20/how-millennials-will-reshape-the-luxury-goods-market-bain-luxury-report-2017/#3c7108f22f86 to view the full article online. |
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In recent days, American Airlines has been forced to cancel more than 40 flights in Phoenix. The reason: With daytime highs hovering around 120 degrees, it was simply too hot for some smaller jets to take off. Hotter air is thinner air, which makes it more difficult — and sometimes impossible — for planes to generate enough lift. As the global climate changes, disruptions like these are likely to become more frequent, researchers say, potentially making air travel costlier and less predictable with a greater risk of injury to travelers from increased turbulence. (The New York Times)
Visit https://www.nytimes.com/2017/06/20/business/flying-climate-change.html?src=me to view the full article online. |
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Mortgage rates seem to be stuck in a holding pattern as they hover near yearly lows. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 3.9 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It was 3.91 percent a week ago and 3.56 percent a year ago. (The Washington Post)
Visit https://www.washingtonpost.com/news/where-we-live/wp/2017/06/22/mortgage-rates-dip-slightly-continuing-to-hover-near-yearly-lows/?utm_term=.f2205542ac6a to view the full article online. |
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Summer is finally here and thoughts of taking a vacation and heading to the beach are on the minds of a lot of people right now. Many Americans spend countless hours planning and organizing the perfect summer vacation for their family. But one thing they forget to do is to create a plan for how to pay for it. About 74% of Americans have gone into debt to pay for a getaway, according to a new study from financial planning company LearnVest. (USA TODAY)
Visit https://www.usatoday.com/story/money/2017/06/21/saving-paying-for-vacation/409310001/ to view the full article online. |
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"Your margin is my opportunity." This aphorism favored by Amazon founder and CEO Jeff Bezos is the lens through which we should evaluate Amazon's intention to buy Whole Foods. After the announcement on Friday, investors were harsh on grocery stores and big box retailers -- but it's not their margins in which Amazon sees an opportunity. This modern conglomerate is not primarily going after the stores, but the products on the shelves. (Bloomberg)
Visit https://www.bloomberg.com/view/articles/2017-06-20/amazon-s-real-target-isn-t-whole-foods-it-s-everything-you-buy to view the full article online. |
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Many workplaces struggle to trim down their meeting time to the bare minimum that’s needed to be effective. But some execs have figured out some ways to do just that. Here’s how these seven CEOs keep their meetings short and sweet while making sure their team members–include remote ones–aren’t left in the dark. (Fast Company)
Visit https://www.fastcompany.com/40423133/seven-ceos-secrets-for-running-more-productive-meetings to view the full article online. |
