Resources and News for Minorities and Women
to Build Strong Businesses and Inspire Growth
05 June 2009
Even in a downturned economy, four students in the Sam M. Walton College of Business at the University of Arkansas have turned an idea for a test using a woman’s tears for breast cancer into more than $85,000. Mentored by management professor Carol Reeves, the team found success this spring in five major business plan competitions. On May 27, the Tears of Life team took first place and $25,000 in the graduate business plan competition at the 2009 Donald W. Reynolds Tri-State Cup, held in Las Vegas, Nev. Team members include three students pursuing a managerial M.B.A. — Jared Greer, Bessie Williams and Chris Elizer — and an honors undergraduate student, Jordan Greer.
02 April 2009
Workplace diversity is among the most important predictors of a business’ sales revenue, customer numbers and profitability, according to research to be published in the April issue of the American Sociological Review.
In one of only a few studies to empirically examine the implications of organizational diversity, sociologist Cedric Herring found that a workforce comprised of employees of both genders and varying racial backgrounds resulted in positive business outcomes.
17 March 2009
Amid the current economic turmoil, the debate over CEO pay has intensified. Now more than ever, the propriety of large salaries and bonuses for CEOs is leading people to ask, “Are CEOs overpaid?”
01 May 2009
Study after study has shown that an engaged workforce is considered desirable in any organization and leads to greater productivity and profitability. Engaged employees are those valued people who invest themselves in their work and are committed to performing at a superior level. In short, employee engagement can yield numerous benefits for individuals and organizations.
26 March 2009
Industrial-organizational psychology is a specialized science that is finding its way into corporate decision-making. As business organizations struggle in today’s troubled economy, which has led to declining revenues, weakened customer bases, layoffs, operational cutbacks and other drastic measures, many firms are relying on industrial-organizational psychologists to help them navigate through difficult times and position themselves for better days ahead.
05 March 2009
WASHINGTON, DC. – Responding to the sharp economic downturn facing the nation, a group of seven leading nonprofits that offer lending and support services to small businesses are taking swift actions to help entrepreneurs challenged by higher costs, declining sales, and tightening credit. Leaders of the seven organizations came together last month in Albuquerque, NM, to share their approaches, including: