New Plans Set for African-American Business Organization Photo Credit: African American Chamber of Commerce
Ossie Kendrix, the new president and CEO of Wisconsin’s African American Chamber of Commerce, is already mapping out his plans for the organization. One particular thing he wants to implement is to transfer the location of the chamber from downtown to Lindsay Heights particularly the Innovations and Wellness Commons.
He chose this location for its entrepreneur energy and feels that it is the perfect place to position the chamber. The building and construction is set to start next year.
On January, he wants to develop a strategic planning session where his new board members can start on building a new future and helping other members expand their businesses. One of their
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The chamber plans to set up a new program next year to provide technical assistance to help the growth of their members.
The capacity-building program will create a hands-on training for the first three quarters to one year and then the members will receive follow-up assistance later on. The program will only be limited to five members to make the training more efficient, manageable, and cost-effective.
Some of the other problems African-American businesses face is the lack of investment from the community who do not patronize their products and services. Another challenge for the business community in Milwaukee is that the people are too conservative. The city needs to evolve as the country’s next go-to city while the city is developing its infrastructure.
The chamber is also thinking of ways on how to elevate and promote the black businesses in Milwaukee and expand it to neighboring cities. This will help grow the business and clientele of African-American companies.
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A fundamental force shaping economic opportunity in metro Milwaukee is the region’s status as one of the nation’s most racially segregated metropolitan areas. By 1970, after the first small wave of black migration to Milwaukee, the metro area posted the fifth highest level of segregation among the 30 U.S. metropolises containing large black populations, according to the most authoritative study of racial segregation in American cities. The standard measure of segregation used by sociologists is the “index of dissimilarity,” and a measure of 60 is considered “high” segregation; 80 is considered “extreme” segregation. By 1970, the black-white index of dissimilarity in Milwaukee was 90.5 and it has never dipped below 80 since tenn Researchers
You’ve probably heard me say it before and you definitely will hear me say it again. Black Professionals of Tulsa are here to build, prepare, and transform the city of Tulsa. Many of us in this room are not from Tulsa. In fact, several of us are not from Oklahoma at all. And if you’re anything like me, when you first moved to Tulsa you wanted to find the quickest way to be plugged in and/or find more African Americans. I specifically wanted to know how I could get involved with NSBE; which is the National Society of Black Engineers. To my surprise, there was no NSBE Professionals chapters in Tulsa. Furthermore, there wasn’t even a collegiate nor NSBE
Another form used by some organizations is an informal alternative to a formal board meeting which allows board members to conduct their duties on their own time (Zhu et al, 2016). This alternative allows board members to identify solutions without the time-constraints associated with a formal board meeting, which in turn allows for more creative and well-thought out solutions to strategic issue/strategic planning issues (Zhu et al, 2016). Although, it may appear to be beneficial to implement such a process, the results of the study conducted by Zhu et al (2016) found that this alternative did not help with strategy/strategic planning in either for-profit or non-profit organizations (Zhu et al, 2016). Although formal board meetings and alternatives to board meetings are important, the provision of information has a major impact on strategic decision making, which in turn affects strategic planning (Zhu et al, 2016).
This first phase for understand WHY we need this new strategy and explain the reasons across the organization to increase synergy which demands a large amount of resources and effort. As a consequence, it will create a management structure for planning which it will involve the forming team (Mind tools, 2015). It also should contemplate operations department be involved, detecting and exploring the strategic issues (see image 3), current vision and mission, setting core values, reviewing existing programs and allocating sufficient resources – time, budget, human resources, technology and information. Otherwise, it inherently brittle and prone to failure the strategic plan. (John M. Bryson, Third Edition)