Changing the Face of Entrepreneurship for Over 30 Years

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Cover Story
Different Drummers
NMSDC
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D&I

It’s well-documented that the transportation industry has experienced massive changes over the past 10 years. The Great Recession devastated the U.S. auto industry, with domestic auto sales reaching a low of 10.4 million vehicles in 2009. Auto giants Chrysler and General Motors both declared bankruptcy and received billions of dollars in “bailout” money in the form of loans from TARP. On another front, the ride-sharing revolution led by Uber and Lyft in the last seven years has dwindled the demand for taxis, limousine companies, and car services.

In this edition of MBEs Who Rock!, we profile two CEOs who have been impacted by these challenges and navigated them successfully. Sylvester Hester, president and CEO of Global Automotive Alliance (GAA), one of the country’s largest African American-owned businesses, discovered that the diversification of his business helped overcome the recession when the automotive industry was hit so hard.

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Her start was quick, but not easy. She moved to the U.S. from Bombay (now Mumbai), India, after graduating with a master’s degree in Computer Applications from Bombay University, to be with her husband, who was in school in California. Chaturvedi wanted to work and got an interview with a company headquartered in Atlanta. After a flight delay, she arrived in Atlanta only to be involved in a car accident. She then took a taxi to the company headquarters and found its offices closed.

She convinced a security guard to let her go up to the administration offices, where she found the person who was going to interview her. The lady was so impressed with her perseverance and dedication in getting to the interview that she hired her. And so began Chaturvedi’s successful career at She convinced a security guard to let her go up to the administration offices, where she found the person who was going to interview her. The lady was so impressed with her perseverance and dedication in getting to the interview that she hired her.

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Celebrating 45 years of service, the National Minority Supplier Development Council (NMSDC) pre-pares for its conference in Detroit this October. The event builds upon innovation and passion for members to trailblaze within their industries. “We’re very excited about the conference and business opportunity exchange in October,” explains Joe Hinrichs, general manager of Ford Motor Company and chairman of NMSDC.“ Diversity of perspective, thought, opinion, and ideas are incredibly valuable to this nation’s economy and we want to advocate for that across business and across society,”says Hinrichs.

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“My father always said, ‘the greatness of the Raiders is in its future,’” says Mark Davis, Raiders’ owner. “The opportunity to build a world-class stadium in the entertainment capital of the world is a significant step toward achieving that greatness.”“My father always said, ‘the greatness of the Raiders is in its future,’” says Mark Davis, Raiders’ owner. “The opportunity to build a world-class stadium in the entertainment capital of the world is a significant step toward achieving that greatness.”

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Uber—a company that needs no introduction—has grown by leaps and bounds over the past few years. Having attracted a massively diverse workforce, the company has had to move at lightning speed to harness the power that its unique workforce offers. Prior to joining Uber, Coleman led Hillary for America’s diversity and inclusion initiatives as the first-ever chief diversity and human resource officer for any presidential campaign.  I first met Coleman in graduate school in a cohort of five, all studying for our MBAs in international business. Recently, I spoke with him to better understand his key objectives for Uber.

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It’s been a hard end to the summer. It feels like we have been ridden hard and put away wet (to borrow a phrase). And, like that well-lathered horse, we will be feeling the effects for a long time.

Top of mind is the devastation wrought by Hurricanes Harvey, Irma, Jose, and Maria, and the two earthquakes that rocked Mexico. Nature does not discriminate when it comes for us. The islands of the U.S. Virgin Islands (St.Croix ,St. John, and St. Thomas) and Puerto Rico are especially hard hit.

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Departments

People/Places

The National Minority Business Council, Inc. (NMBC), recently celebrated the graduates of its 5th Annual Executive Management Program for Minority and Women Business Owners.

The NMBC, Monroe College, and The Bank of New York Mellon created the five-track comprehensive educational program and practicum to prepare business owners and their senior staffs to grow and compete in the Global Economy.

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Conference Round Up

The U.S. Business LeadershipNetwork (USBLN) hosted over 1,200attendees at its 20th Annual NationalConference & Biz2Biz Expo, August21–August 24 at the JW MarriottGrande Lakes, Orlando, Florida. Thisyear’s conference theme was “Disability:A Catalyst for Innovation.”

USBLN presented top awards duringthe annual conference LeadershipAwards Dinner. The LeadershipAwards celebrate outstanding commitmentand leading disability inclusionpractices.

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Master Your Brand

How serious have you been about building an email list of prospects with whom you can communicate? Some say that business cards are no longer ef-fective,but if you have a drawer full of them, a few Saturday afternoons, and a can-do mindset, you can finally recon-nect with all of the interesting people you have met over the years. Point-blank, an email list is one of the greatest assets you can build for your business and brand.

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May/June 2014

Women’s Issue

Franchising and Construction Focus

View the May/June 2014 Flyer PDF

Featured Articles (subject to change)

Cover Story - Women Who Rock!

M/WBE Profiles

Corporate Strategies

D&I Strategies

Global Connections (digital only)

Washington Update

 

Send news releases and photos to: Barbara Oliver
  

Next Issue: July/August 2014

Focus: Hispanic, Hospitality, Food & Beverage

Editorial Deadline: May 11, 2014

  

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