National Black Business Conference’s Post

It appears that some DEI advocates may have become disheartened or disillusioned over the years, leading to a perceived lack of current effort and failure of current leadership in addressing this issue. However, it is important to note that DEI remains a crucial and ongoing cause. A recent appeal by the Black Business Fund is testing the application of post-Civil War laws in cases related to DEI, highlighting the continued relevance of the issue. https://lnkd.in/e6swDF3A

It appears that some DEI advocates may have become disheartened or disillusioned over the years, leading to a perceived lack of current effort and failure of current leadership in addressing this issue. However, it is important to note that DEI remains a crucial and ongoing cause. A recent appeal by the Black Business Fund is testing the application of post-Civil War laws in cases related to DEI, highlighting the continued relevance of the issue. https://lnkd.in/e6swDF3A

It appears that some DEI advocates may have become disheartened or disillusioned over the years, leading to a perceived lack of current effort and failure of current leadership in addressing this issue. However, it is important to note that DEI remains a crucial and ongoing cause. A recent appeal by the Black Business Fund is testing the application of post-Civil War laws in cases related to DEI, highlighting the continued relevance of the issue. https://lnkd.in/e6swDF3A

Today, business and civil rights leaders are reacting to the Congressional Black Caucus (CBC) report on corporate accountability. USBC and 17 other business and civil rights leaders signed on to a statement applauding the CBC and the companies that participated in this first accountability assessment. These leaders called on companies to stand firm in their dedication to diverse and inclusive business practices because it creates value for the companies and ensures national competitiveness. You can read the full statement below. https://conta.cc/4dXbjCW

Today, the FSCA and the Broad-Based Black Economic Empowerment Commission (B-BBEE Commission) will be entering into a Memorandum of Understanding. The FSCA looks forward to this working relationship and anticipates that it will among other things, bring to light the gaps that exist in the collection of data on the implementation of the B-BBEE Act in the Financial Sector.

Are you ready to accelerate your business? Watch the quick video below featuring Keita Cline, VP, Sr. Strategic Relationship Manager, to hear more about Blueprints to Black Wealth. Then visit the playbook for insights and strategies to help you align with Prudential's goal of increasing financial security and generational wealth for Black Americans. Learn more: https://bit.ly/3wFqMa2

Continuing our series on #BlackHistoryMonth: Like Secretary Weber, Sec. Thomas is the first Black person to be elected Secretary of State, this time in Connecticut!

The reason why black CEOs are underfunded is because of a lack of trust. This is what I was told recently, and in all honesty, did it shock me? Of course not. It makes me laugh actually. The person then went on to further say that it’s because funders don’t trust that we will be able to manage the money effectively, there is a fear of fraud, etc. It’s funny, but yet very incorrect and unfair that many black people are painted with the same, wrong brush. There are amazing organisations led by black people who are more than capable of leading their companies to success, however they need the support. They need the funding, investment, and capital. I’ve heard great stories, where a black person for example at work had a manager who believed in them and took a risk on them when no one else was willing to, and then that black person ended up succeeding and generating so much more revenue for the business. The same applies here, for black founders and CEOs. If funders, investors and sponsors don’t bank on us or take a risk with us, then you’ll never know what you’re missing out on. As the saying goes - no risk no reward, right? Lastly, if you know we need support with managing finances, then provide us with the support :) Thoughts?👇🏾

There is another way to executive transitions, a way that doesn't put undue burden on Black leaders to justify their existence or prove their worth and capability to funders. I'm really proud of the way Shari Silberstein and I partnered on our transition, and we wrote about it so others might learn. Check out our blog article here: https://lnkd.in/eNX66i7N Equal Justice USA Leading Forward

Standing Together Against Attacks on Black-Led Organizations Dear Community Members, It is with a heavy heart and a resolute spirit that I address you today regarding the ongoing attacks on Black-led organizations within our community. The systematic racism and hatred that continue to target these essential pillars of our community are abhorrent and unacceptable. Time and time again, we witness the relentless assault on Black leadership and organizations that aim to uplift and empower our community. Every moment of Black joy and excellence is met with disproportionate scrutiny, excessive policing, and unjust penalties, stripping away the very foundation of normalcy and freedom that should be inherent to all. The unfair burden placed upon our political and community leaders is evident for all to see. The obstacles they face simply for daring to pursue a better future for our community are unjust and must not go unchallenged. Now, more than ever, we must stand shoulder to shoulder in solidarity. We must uplift one another, support our Black-led organizations, and collectively strive to move our community forward towards a more just and equitable future. Together, let us be unwavering in our commitment to combating racism, supporting Black leadership, and creating a community where all can thrive without fear of persecution or discrimination. In unity and strength, Jon Henry Both Sides Of The Conversation Changing The Narrative From Our Voices.