All Articles Tagged "corporate america"
Priming Black Women for Corporate Leadership
(Seattle Medium) — In the corporate world—the land of office supplies, paper cuts, and ink stains—there has long existed a glass ceiling. At first glance, the mailroom clerk sees the CEO chair within her grasp, just up the ladder of success. But, alas, there is an invisible barrier. Maybe they are not the “right” race or sex. Or both. Many Black women who aspire to one day furnish an executive corner office are faced with a “double outsiders” status in today’s organizations. “Right now there is only one Black woman CEO of a Fortune 500 company; that’s Ursula Burns at Xerox,” Michael Dutton, director of communications for the Executive Leadership Council (ELC) said. “Our members have achieved success on their own terms, and ELC shares their knowledge with leadership development opportunities.” According to the Black Women Executives Research Initiatives conducted by the ELC, there is a potential road map that can help Black women executives prepare for “C-suite” roles. “The C-suite is the staff of the CEO,” Dutton explained. “Those folks (who) support the CEO’s decision process—the chief operating officer, the chief financial officer, the executive vice presidents and the senior vice president. The CEO is occupied with reporting to the board of directors. It’s his staff that is managing the business and keeping the CEO informed.”
Big Business Worries About Tea Party Candidates
(Atlanta Journal Constitution) – Suddenly, business executives — like their allies in the Republican Party — are getting a little nervous about candidates favored by the tea party. With a couple of exceptions, the GOP has generally welcomed the enthusiasm generated by the tea party, even if several tea party-backed candidates endorse positions that are not in keeping with Republican orthodoxy.
Which Companies Are Boosting Spending and Hiring?
(Businessweek) — With U.S. companies sitting on an estimated $1.8 trillion in cash, it raises the question: Why aren’t they deploying more of their hoard to expand their businesses? Or one might channel John Maynard Keynes to ask: Where have the “animal spirits” gone? Although capital spending in the U.S. is up 12 percent since the lows of early 2009, it’s still running $88 billion below the peak of $1.34 trillion reached in the first quarter of 2008, says Joseph LaVorgna, chief U.S. economist at Deutsche Bank (DB).
Why You Should Start Your Own Business Today
(Success Magazine) – John was 53 when the bad news hit: His department was being moved offshore. Since joining the company eight years earlier, he had worked his way up to a solid position in middle management with a decent salary and great benefits. Now, he was out of a job. Having spent his entire adult life in corporate positions, he knew he could go job hunting. But this was the fifth time he’d had a “secure” position shot out from under him, whether through downsizing, restructuring or other reorganization. With a wife and two teenagers to clothe and feed, he was no longerwilling to trust his future to this game of corporate roulette. It was time to go into business for himself.
Many Entrepreneurs Would Swap Ownership for a Job
(Entrepreneurs) — I hate to be the bearer of bad news, but it’s been a bad week for business, no doubt about that. New jobless claims are on the rise–again. The stock market has dropped below 10,000–again. The national debt has climbed to its highest level since World War II, and pending home sales plunged a record 30 percent. And it’s only Thursday.
Michael Porter on Inner City Business
(BusinessWeek) — Staples is one of a handful of large organizations that have found a way to boost their competitiveness while also benefiting their local communities. Hospitals and universities, often located in city centers, do this. But all too often, large companies see corporate social responsibility as something entirely separate from their business goals. As high unemployment, rising poverty, and dismay over corporate greed breed contempt for the capitalist market system, companies would be wise to follow the lead of Staples. Serving the intersecting needs of business and the community is the only path to winning back respect for Corporate America.
Michael Porter on Inner City Business
(BusinessWeek) — Staples is one of a handful of large organizations that have found a way to boost their competitiveness while also benefiting their local communities. Hospitals and universities, often located in city centers, do this. But all too often, large companies see corporate social responsibility as something entirely separate from their business goals. As high unemployment, rising poverty, and dismay over corporate greed breed contempt for the capitalist market system, companies would be wise to follow the lead of Staples. Serving the intersecting needs of business and the community is the only path to winning back respect for Corporate America.
Company Makes Money from Deadly Urban Trend: “Sipping Syrup”
(GSEConnect.com) — You’ve probably heard the phrase “sippin syrup,” used in reference to the act of mixing cough syrup, codeine, and soda together to create a relaxed feeling within the person who consumes the beverage. The “drank” has become quite popular, particularly in the south, as rappers have done their jobs of giving free promotion to an illegal product that has managed to make teenagers even less productive than many of them already are. It was only a matter of time before corporate America stepped in to make money off the trend. Meet the new drink on store shelves: Sippin Syrup. The drink doesn’t use any illegal products, but produces the same “lean” effect that many young people seek from the cough syrup product on the street. Harmless enough, right? Not so fast.
Black Women Try to Move Up with Glass Ceiling
We all knew a little bit too well, the plight of Kenya McQueen in "Something New".
She works hard for the money. So hard honey, honey. So why hasn’t she reached the top yet?
