Negotiating with Suppliers
Cash is king whether the economy is good or bad, and if your company is experiencing a money crunch, it may be time to renegotiate payment terms with your suppliers and vendors.
Management
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Next Generation of Blacks On Wall Street
Representation of African-Americans and Hispanics in the investment banking community remains miniscule at about 1-2%. This is a very tough business for minorities to break into, notes James Reynolds Jr., CEO...
The Most Important Vote Is Reinvesting in Ourselves
Whenever I gain the opportunity to address a group of African Americans, I ask whether they routinely employ the services of a black doctor, dentist, attorney, accountant, insurance agent, auto dealer, florist, financial planner, caterer, or dry cleaner. Audience members, on average, use two of 10 such businesses. Even those with the highest scores generally top out at 50%. If you happen to achieve that same level, please don’t puff your chest out with pride—as I recall from my school days, 50 is a failing grade.
Staying On Top
Name Gail Morales Title Senior Vice President, Global Supply Chain Management, Initiative Governance Executive, Bank of America Location Atlanta Power Play Successfully rejoined corporate America after taking a seven-year break...
Taking Black Business to the Next Level
The growth and evolution of black business has been, and must continue to be, driven by three things: greater access to sources of capital, expansion into broader markets, and participation in dominant and emerging industries.