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Our businesses leave BE and other black media hanging. When Forbes, Business Week or The Wall Street Journal overlooks our contributions, we can depend on BE to showcase them. This magazine also teaches us how economic trends affect our community. Yet, we refuse to take ownership of such a vital medium. Black businesses should be equitable ad buyers in media targeted toward black businesses and professionals, period.
As massive job cuts have forced many companies to reorganize and reprioritize spending, the diversity budget is taking its share of hits across industries. Nearly half of the 452 respondents to a recent Society for Human Resource Management poll said their discretionary HR spending had decreased in the past year, and 39% said they had cut spending on training unrelated to the core business, including anti-harassment and diversity training. Ten percent of respondents said they had reduced spending on initiatives that targeted diversity recruitment, and 12% predicted that diversity-related recruitment efforts would be cut. “If diversity truly is a key strategic objective of a corporation, then it should be treated like any other key strategic initiative of the corporation,†says Joe Watson, CEO of StrategicHire, an executive search firm in Reston, Virginia, and author of Without Excuses: Unleash the Power of Diversity to Build Your Business (St. Martin’s Press; $24.95). “That is a test in many ways to show whether a company’s rhetoric matches its reality.†We’ve looked at two companies that are working to continue efforts to make diversity a business imperative to grow their bottom lines.
Al Nelson went on the third season of ABC’s Shark Tank seeking a $150,000 investment in his Miami-based technology business, EZ VIP. A kind of combination Expedia and OpenTable for...
A poll found that 54% of black voters believed people of color were under siege and 73% embraced the statement that their vote would...
TV personality Tavis Smiley and his team were feeling the heat after a series of commentaries on The Tom Joyner Show in which Smiley criticized then-Sen. Barack Obama during his historic run for U.S. president for what he viewed as Obama’s reluctance to focus on issues of race.
