Entrepreneurship- Recipe for Wealth Distribution

Entrepreneurship- Recipe for Wealth Distribution Kenton Clarke founder CCA, DiversityBusiness, National Supplier Registration, Omnikal and Together We Are. Our country, the greatest country on the planet, was created, nourished and developed from a spirit of freedom to build and maintain businesses. Professions, developed during the birth of America such as the farmer, miller, blacksmith and trader created the foundation of the economy across America. The deeply rooted belief of ‘opportunity’ in our country for men/women to develop and sustain businesses created the framework for business people to flourish from the onset of our republic. Capitalism and entrepreneurship are what makes
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Financial Reporting Fatigue™ What is your RISK?

By Janice Leahy Your team is the foundation anchor of the financial reporting production function. You have strict deadlines to meet with voluminous deliverables, but that isn’t anything unusual for the team. You have a routine to run key critical processes, and you are confident internal controls in place are adequate. Yet, as another reporting cycle is upon you something is different in the report production process. There is an unanticipated failure and data integrity critical to the reporting cycle is suspect. You discover that the impediment affects more than one process because financial functions are intertwined. Checks and balances? Not
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6.5 Reasons Why Your Employees Are Disengaged

by Michael D. Brown In a recent Dale Carnegie Research Survey of 1500 employees, it was found that 45% of employees are not engaged and an additional 26% are actively disengaged in their work. An actively disengaged employee is actively looking for a job at another company, or has lost all interest in where they are currently working. That means 71% of employees are at some significant level disengaged in their work. Further research shows that companies with engaged employees outperform companies with disengaged employees by more than 202%.
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Supplier Diversity Notes : Spend Doesn’t Matter

DiversityBusiness.com with over 1,500,000 members nationally and over 1,000,000 small businesses using our services receives feedback from business owners who usually talk about two main themes. Focus of large corporations on growing well established diverse companies Too much attention to “Spend” figures. Well, we all know that supply chain strategies require a supplier to have a minimum scale and scoop to enable global competitiveness of its customers and in a major corporation: “What Gets Measured Gets Done”. Mission Given, it’s been clear for the last few years that supplier diversity exists for 3 main reasons: To increase market share within
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Supplier Diversity: Food for Thought by Kenton Clarke

Supplier Diversity: Food for Thought by Kenton Clarke by Kenton Clarke For starters, let me share a brief definition about supplier diversity for those who may be unfamiliar with the term. “Supplier diversity is a business program amongst Fortune 1000 companies that encourages the use of privately-held companies owned by historically under-utilized businesses when purchasing goods/services.” Over the last two years, layoffs, program elimination and the overall economy have caused setbacks within supplier diversity programs. Today, there are indications that these setbacks have leveled off and appear to be on an upward trend. During this era, we have seen hiring
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Fortune 500 Diversity Procurement

Fortune 500 Diversity Procurement by Kenton Clarke Since the early 1950s, companies that supply the Federal government with goods and services have been required by law to have a supplier diversity program or initiative and to appoint a supplier diversity professional to manage the program. While these efforts typically began as token initiatives to meet the regulatory requirements, many large American companies have now developed world-class programs that provide substantial opportunity to historically under-represented groups and businesses. Unfortunately, there has been a distressing tendency in recent years for big corporations to measure the success of their supplier diversity programs by
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Does He Like Asparagus? Bias, Asparagus, and the MRI Machine

By Sondra Thiederman, Ph.D. The very fact that the title of this article links the subject of unconscious bias with a diagnostic machine and even a vegetable sure says something about the innovative work researchers are doing in this important field of study. I’m thinking, in particular, here of Susan Fiske, a social psychologist at Princeton University. Dr. Fiske and her colleagues built their research on earlier studies that measured the effect on the brain when white subjects viewed black faces. These studies found that, when the faces were seen, the wariness center of the brain (the amygdala) would spike.
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The Contribution of Supplier Diversity to Competitive Advantage

The Contribution of Supplier Diversity to Competitive Advantage Leonard Greenhalgh | Tuck School of Business at Dartmouth Michael Robinson | IBM Corporation Introduction Many leading corporations have sophisticated supplier diversity programs. These exist when there is strong support from visionary senior managers who see the strategic advantage of ensuring long-term supply chain excellence. In the absence of such vision, the focus is on the next quarterly accounting report: In that context, the procurement function is judged on achievement of short-term savings and the supplier diversity function is dismissed as superfluous and a target for budget-cuts. In this article, we show
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How to be a Catalyst and Milestone Focused Investor

How to be a Catalyst and Milestone Focused Investor By: J. Dennis Jean-Jacques Author of “The Five Keys to Value investing,” McGraw-Hill 2003 By Sandra James Brexit. Trump. Change is the only constant in the world and the stock market is not immune. Invest in it. ETFs and passive investment strategies are great vehicles to capture these directional bets, if you are lucky.  But in order to truly outperform, you need to go where traditional investors are not and where ETFs, quantitative funds and passive managers cannot go. It was a cold and windy night at Chicago’s O’Hara Airport.  As
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WBE SUCCESS STORY A STANDARD OF SERVICE: PRIVATE EYES INC. AND PNC

WBE SUCCESS STORY A STANDARD OF SERVICE: PRIVATE EYES INC. AND PNC By Sandra James By Sandra James When Sandra James Founded Private Eyes, Inc. in September 1999, she was well aware of the market trend emerging in background checks and employment verifications. Since James had already owned and sold a business specializing in mortgage credit, she saw the opportunity for a seamless transition to providing Fortune 500 corporations, particularly creditors and financial institutions, with background checks and employment verifications. Despite working in a fast turnaround environment, James, President & CEO of Private Eyes, insisted on one company value where
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