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Sabtu, 27 Agustus 2011

African American Women Empowered: Successful Business Careers, Successful Marketing Careers




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Oprah Winfrey could be an American Icon, and yes, she is certainly the queen at marketing and advertising herself when it comes to a getting a household name in American Culture, but she is only 1 of the quite a few successful African-American females in company now. Productive African-American ladies hold important positions in a lot of extremely high-profile organizations, and but their names are not 1-word monikers, such as "Oprah." Are these women much less interested in marketing themselves than Oprah, or are they marketing themselves in a unique manner?


There has been an amazing shift in the organization world with regard to positions that Black girls are holding. Even though these women are not household names from a advertising and marketing standpoint, the businesses for whom they work undoubtedly are. Surely, you've heard of Xerox, Ralph Lauren, Merrill Lynch, Goldman Sachs, the Rams, the Cardinals? Now meet the effective girls who aid run some of the most highly recognized corporations in America.




  • Ursula Burns, CEO and President of Xerox.


Ursula grew up in the projects of Delancy St., in New York and started her career with Xerox in 1980. In 2000, she was recruited for the position of Vice President of Corporate Strategic Services and took on a bigger role in item development and advertising and marketing. In 2007, she was named President of Xerox, and in 2009 was named Chief Executive Officer.




  • Amy Ellis-Simon, Managing Director Merrill Lynch


Amy began her career at Merrill Lynch as a college intern in 1994. She is the initial African-American woman to be named Managing Director at Merrill Lynch. She is the co-founder of Global Markets and Investment Banking Women's Leadership Council and Three Sisters Scholarship Foundation.




  • Ardrian E. Bracy, at present the CEO of the St. Louis YWCA, formerly Controller for the Miami Dolphins


Rather frankly, Adrian's career has been so profitable, she could use her own page! She was formerly the CEO of the Arizona Cardinals and has in excess of 20 years of varied senior management finance expertise with the Miami Dolphins/Joe Robbins Stadium, and the St. Louis Rams. She has earned lots of prestigious awards, which incorporate the African-American Women of Distinction Award and Black Enterprise 50 Most Effective Black Women in Company awards.




  • Edith Cooper, Head of North American Hedge Fund Distribution, Goldman Sachs


Edith began her career at Goldman Sachs in 1996. In 1998, she was named Managing Director and in 2000, she became a partner at Goldman Sachs. Growing up in Manhattan, her aspirations included owning a fashion boutique on Madison Ave. She had her 1st child at 17 and says "My career started to progress when I had my very first child...This is contrary to what most would think..." Two alot more kids later and a glass workplace with a breath-taking view of New York Harbor, she provides work "150%" of what she's got.




  • Tracey Thomas-Travis, CFO, Senior Vice President of Finance, Polo Ralph Lauren


Ending her lucrative career as an executive with the Pepsi Bottling Group, Tracey has been the Senior Vice President of Finance and CFO with Ralph Lauren due to the fact 2005. According to figures posted by Forbes.com, compensation paid to Tracey in 2010 totaled in the "seven-figure range." In terms of monetary good results, Tracey's chosen career is way up there!


Certainly, there are far much more than just these five African-American ladies who are profitable in company and effective in marketing themselves and their talents. Black women, from modest property-based business owners, to Mega Media Tycoons, have been greatly empowered by these good results stories. One of the traits of these successful African-American ladies is that they tend to give back to their communities: they head charities, turn out to be mentors, start off foundations, and generally do as significantly as they possibly can to empower other Black women in the pursuit of achievement.


Who knows when and exactly where the subsequent profitable African-American businesswoman will emerge?

Kamis, 25 Agustus 2011

Go East, Young Man - Exporting American Lawyers to China




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A few decades ago there hardly any such field as international law - only domestic law representing customers with funny sounding names. Though that circumstance has changed, the globe is not however as borderless as the media would have us believe it is. Nevertheless, US lawyers are heading to China in increasing numbers to practice "cutting edge" foreign investment law, and many of these adventurers are fresh out of law school. Conventional wisdom has it that heading overseas straight out of law school will ruin your career back property should you ever want to relocate stateside.


I beg to differ. I know of a young man who graduated from law school in the mid-nineties with a high GPA, fluency in Mandarin Chinese, and encounter as a Summer Associate in the Beijing workplace of a major international law firm. He had caught the "Asia bug" and returned so quickly that his diploma had to be mailed to him across the Pacific. About the turn of the millennium he returned to the US to test out the theory that "you cannot go dwelling once more". With only a few months of effort, he landed a premium position as a delivery driver for Pizza Hut, producing a full dollar an hour above minimum wage (plus hints!).


Look in the Mirror: Let's get critical. Before you take a leap across the Pacific, take a appear in the mirror and ask your self this question: "Am I an 'international Lawyer', or am I an 'International lawyer'?" (note the differences in capitalization). What's Strategy B in case practicing law in China falls by means of? Will you be practicing law in the United States, or will you be teaching English in China? What excites you about China law - China, or law? Due to the fact when all is mentioned and carried out, an workplace is an office, no matter if it's in Beijing, New York, or London. And like it or not, the inside of an office is exactly where the typical lawyer spends most of his/her waking hours. Likewise, legal work is legal function there is not any thrilling difference regardless of whether you're consulting with customers and drafting documents in Chinese, English, or Serbo-Croatian.


The Prestige Factor: It is pretty stylish these days for medium and substantial sized law firms to prattle on and on about "our China Office" - and it enables for the issuance of impressive-searching bilingual home business cards. It's grow to be such a potent status symbol that a numerous firms (I strongly suspect) are holding on to money-losing offices in China just so they can keep Beijing on the list of cities exactly where their firm has offices. Medium sized law firms in specific like to set up China offices to prove to their customers their status as Significant Time International Players - sort of like the teenager who will not shave off his peach fuzz considering it "proves I'm a man".


Greater to forget about the prestige factor involved in practicing international law overseas. Holding a prestigious job is like marrying a fashion model - it is cool at initial, but hey, law is a jealous mistress - following a couple of months the magic wears off and you're going to have to live with her day right after day, for much better or for worse.


"Our China Office" Strikes Once again: "Our China Rep Office" is far more like it. Maintain in mind that in China, Representative Offices could possibly not allowed to engage in profit-generating activities. So how do US law firms get away with it? To be positive, a few of them are mostly engaged in the Western legal side of sophisticated cross-border transactions (and therefore not frequently in the industry for new graduates), but the rest are practicing Chinese law illegally. They get away with this in Beijing (not so often in Shanghai) because the Chinese authorities turn their heads, ignoring the wounded howls of jilted (and effectively-qualified) Chinese lawyers. The reality is that a number of foreign investors still feel much more comfortable retaining US lawyers even though top Chinese lawyers are far superior able to comprehend legal and linguistic nuances that American lawyers are most likely to overlook. In other words, US lawyers are tolerated by the Chinese authorities considering they aid attract foreign investment. When the English language capacity of Chinese lawyers improves adequate to inspire greater confidence among foreign investors, the Chinese government may possibly commence rolling up the welcome mat for foreign lawyers. And it won't even take a new law to throw them out - only enforcement of existing law. Envision the spectacle of former China investment lawyers returning to the US wearing sandwich boards reading "Will Litigate for Food". Don't get caught in mid-career all dressed up with no location to go.


Lawyers with out Borders: Don't be silly, there is no such thing (is there?). "Physicians without having Borders" makes sense for the reason that human anatomy is fundamentally the similar everywhere. Not so with legal systems - even in the wake of increasing standardization of cross-border small business transactions, there will consistently be pesky small barriers (like neighborhood bar associations) that will stand in the way of the international zero cost flow of legal services. The law is not the top career choice if you want to live overseas. Let's face it - you really should have gone to business school instead.


A Loophole: China allows legal advisors who are not admitted to the local bar association to function in certain jobs that would need bar membership in the US. Included among such positions is corporate counsel - at their top, 9 to five jobs that come with six-figure incomes. In case six figures isn't sufficient for you, these positions typically provide opportunities for greater wealth as the firm grows - stock choices, for example.


Forget the international law firms performing significant sexy offers. Grind out 2-4 years of organization law experience in the US and look for a job in the legal department of the China office of a Western multinational.