TNJ@20: Over the life of TNJ, Blacks have made it into the C-Suite at Fortune 500 companies, but Black chief executives at these companies remain a rarity.
TNJ@20: Three developments in the past two decades dramatically changed the country’s business environment and created new challenges and opportunities for Black professionals and business owners.
TNJ@20: How Black America Changed in the Past 20 Years
TNJ@20 Special Anniversary Section
At 44, Orlando Ashford is in the vanguard of addressing one of the most nettlesome issues facing CEOs today: how to identify, recruit, develop and keep the right talent to drive business success in a globalized world.
Recent trends show that communities of color in the United States are engaged in charitable giving at increasing rates and levels. African-Americans, for example, give away 25 percent more of their income per year than whites.
Reading the bios of The Network Journal’s 2013 class of 40 Under Forty Achievers and listening to their life stories during interviews for their profiles it’s as if Ursula M. Burns, chairman and CEO of Xerox Corp. and the first Black woman to head a Fortune 500 company, had sat down all of these young men and women as they were leaving school and drummed into their heads the script she gave in her address to graduates at Massachusetts Institute of Technology’s 145th commencement in 2011: “You’ve got to accentuate the positive / Eliminate the negative / And latch on to the affirmative / Don’t mess with Mister In-Between.”
Two events this fall bear witness to the growing importance of corporate social responsibility, or CSR, in business strategies. Studies show that formal CSR programs are on the rise, accompanied by the creation of lead CSR roles — as in the case of NBCUniversal, which last year created the position of senior vice president for corporate social responsibility.
From a Network Journal perspective, the country is awash in outstanding Black women leaders and influencers in every field, from public service, the corporate arena, industry and entrepreneurship to defense, academia and philanthropy.