August 29, 2014 6:40 AM • Log InREGISTER

20/20 Vision Forum: Create Your Own Job and Reinvent Yourself

Black Enterprise teams with Walmart to help African Americans gain an edge in today’s tech-driven, global job market

By Derek T. Dingle

Black Enterprise CEO Earl "Butch" Graves, Jr. (second from left) poses with a few of the day's panelists

Blair Taylor, president & CEO of  the Los Angeles Urban League, spoke before an audience of roughly 300 business, government, non-profit and academic leaders, sharing his thoughts on building blocks for tomorrow’s workforce. He told them about taking a delegation of students from Crenshaw High School to China to observe commerce and culture within the superpower.  While in Beijing, the group visited one of the country’s top-ranked high schools, gaining an up-close view of its advanced level of instruction and dedication to academic excellence.

After the group completed the tour, Taylor said one Crenshaw student asserted: “We can do what they do. We just have to work harder.”

That message, one of continuous skills upgrading fused with unyielding persistence, was delivered by participants of our 20/20 Vision Forum: Job Creation and Career Opportunities in the Next Economy, one of a series of such events presented by BLACK ENTERPRISE in partnership with Walmart.  The LA event, like one held in Washington, DC in early 2010 and another in New York this past June, was designed to bring together the best minds to conjure up constructive options to put a dent in short-term unemployment and propel long-term career advancement for African Americans.

Of course, African Americans have suffered the hardest blows in this economy. The Black unemployment rate continues to hover around 16%, twice the rate of Whites. And we continue to witness a government solution to the jobs crisis paralyzed by political gridlock. As President Obama continues to push the American Jobs Act—first as an expansive $447 billion package and then as the first $35 billion “bite-sized” piece to employ teachers and first responders—has been blocked by Senate Republicans. Now, the President is planning to use executive action to move his program forward because “we can’t wait.”

Keynote Speaker Tavis Smiley says that as individuals seek the path to employment and entrepreneurship to “define their mission.” He, however, took the opportunity to challenge the President on his vigilance to solve the jobs crisis.

Alicia Villarreal, Regional Representative for Labor Secretary Hilda Solis who provided the market outlook, says the president has “drawn a line in the sand”regarding the jobs act. Also, she says the Labor Department has a number of initiatives to expand opportunities including “one-stop career”operations like the Compton Worksource Center which can screen applicants and “serve as employment agencies for companies.”

Others seek remedies to not only address Black unemployment but expand ranks of high-ranking officials. For example, BET founder Robert Johnson, who owns three BE 100s companies, recently proposed what he calls the “RLJ Rule,” calling for the 1,000 largest publicly traded companies to voluntarily consider a more diverse pool of qualified candidates when filling top-level job vacancies and contracting suppliers. His proposal is similar to the NFL’s “Rooney Rule, a 2003 directive mandating pro teams to consider minority candidates for senior positions.

 

To fill the power pipeline, Arnold Donald, president and CEO of the Executive Leadership Council, the pre-eminent organization of top-ranking African American corporate managers,  announced last week a call to action for corporate America  to increase the ranks of African Americans CEOs or C-Suiters by 500 and collective number of Black board members by 200 within the next five years.

Our event offered urgency for employment and advancement of large number of African American managers as well as rank-and-file. When it comes to near-term job creation, long-term career reinvention or development of the next generation of talent, our forum participants revealed three critical drivers: the competitive impact of globalization, application and connectivity of information technology, and entrepreneurial development. These issues become more pressing in an environment with an increasingly high VUCA rating—“volatility, unpredictability, complexity and ambiguity”—a concept framed in That Used To Be Us, the recently-released book authored by columnist Thomas L. Friedman and international affairs expert Michael Mandelbaum.  Despite such uncertainty, Johann Schleier-Smith, co-founder of Tagged, a social discovery site with more than 100 million users worldwide, says “there’s a huge risk for not doing anything.”

 

One panelist Bishop Noel Jones, senior pastor of City of Refuge and the force behind the public-private partnership United Job Creation Council in Los Angeles, maintains the first step is “to be global in our thinking because technology has shrunk our world.”  So he stresses training an emerging and existing workforce with a focus on competition that is no longer national but global.  For quite some time, contenders have not been contained to California, New York or Illinois but can be found in China, India, Brazil and other parts of the world—across a range of industries.

In fact, Taylor’s assessment was more frank: “African Americans are the only group in this country with no connection to the global economy,” citing as one example the stronger ties the Chinese government and businesses have with Africa.

That’s why it’s important, Taylor says, to learn languages such as Spanish and Mandarin to expand your portfolio of opportunities. To make his case, he offered the example of a bilingual American broadcast journalist who was able to find employment in China as a news anchor.

Identifying hot spots like IT, mobile services, healthcare, green jobs, genetics and elderly services can prove to be a smart move. In most cases, you need the right skills demanding “years and years of preparation,” says Curtis Silvers, area director of the Southern California region of UNCF. Large numbers of mid-career workers can gain retraining to become employable in such fields. But Silvers, along with Jones and Taylor, believe the next generation will gain the best shot at being positioned to advance and innovate within such occupations—that is, if they gain sufficient education in K-12 and at the collegiate level.

Always use new technology to your advantage though.  Social media strategist Hajj Flemings demonstrated how to bolster your personal brand to remain relevant in his comprehensive tutorial on how to use social media and online tools.  He maintains that inviduals must develop a personal branding map, a visual representation of your relationships and “how you are wired positions you for greater impact in the space you desire to dominate. ” How do you achieve this goal? Create an idea, develop quality content, follow a detailed strategy and pursue it with passion. Says Flemings: “You should own your genius.”

 

Another key to job creation and advancement: entrepreneurship, of course. Panelist Magnus Greaves, founder and CEO of TheCASHFLOW and advisory board member of 100 Urban Entrepreneurs, described his model to foster business development. Greaves’ incubator includes selection of winners of his business pitch competition who receive $10,000 in capital and mentorship to boot.  BLACK ENTERPRISE has partnered with Greaves’ organization in producing the Elevator Pitch Competition at our annual Entrepreneurs Conference.

Greaves says one size doesn’t fit all: different types of entrepreneurs need different skills. However, all must have passion, dexterity and guidance to create sustainable enterprises: “Entrepreneurs must develop skills and platforms to pass on to other entrepreneurs.”

To achieve that end, Schleier-Smith advises budding entrepreneurs to take an “honest assessment of their skills and to set yourself up with a great mentor.” He speaks from experience: Schleier-Smith’s was counseled by one of the co-founders of LinkedIn.

 

Timothy A. Reese, serial entrepreneur and co-founder of the Minority Angel Network, has identified crucial steps: Attend business forums to discover how financiers make investment decisions and “learn the difference between equity and a paycheck.”

Don’t fret about setbacks. Our panelists admitted that they found the path to success through failure. Says Reese: “I was fired once and that was all it took for me to become my own change agent.”

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