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---Leadership challenges facing the
U.S. industrial sector---
The most critical attributes of the next generation
of leaders for America's industrial sector are passion,
vision and a global mindset, according to a new study
by Korn/Ferry International. Entitled Executive Leadership
in the Industrial Economy, the study examines the structural,
economic, social and political challenges facing U.S.
industry, and their impact on management. "Between
labor costs, regulatory restriction, foreign competition
and unfair trade practices, the issues confronting the
CEO of an industrial company today are unprecedented,"
said Scott Kingdom, Global Managing Director of Korn/Ferry's
Industrial Market. "We interviewed a cross section
of C-level industrial executives to identify the most
important characteristics that the next generation of
leaders for this crucial sector will need to succeed."
Key leadership attributes identified by the authors
include:
-- Cultural and Intellectual Openness: For more than
four decades, the U.S. has been the dominant economic
force in the world. This leadership position has fostered
executives who are innovative, aggressive and focused
on winning. But it has also bred complacency and an
ethnocentric view of the world.
-- Long Term View: Many of the troubles facing U.S.
multinationals were fomented by a Wall Street-driven
focus on quarterly results. To succeed in a global game,
leaders must be able to withstand the short term pressure
and stay focused on the end game -- as their foreign-based
competitors are.
-- Diversity: Diversity will be a standard-bearer for
global executives going forward. Diversity of thought,
diversity of the workforce, diversity of the customer
base, diversity in design philosophy -- these are the
hallmarks of a truly global company and must be embraced
and advanced by the leadership team.
---Secretary Colin Powell wins Fulbright
Prize---
The Fulbright Association announced today that the 2004
J. William Fulbright Prize for International Understanding
will be awarded to Colin L. Powell whose tenure as Secretary
of State has included a strong, consistent focus on
international education and exchange as an important
means of developing constructive relationships among
nations. The Fulbright Prize recognizes Secretary Powell's
distinguished public service throughout his military,
civilian, and voluntary-sector career. He will be honored
at a ceremony on December 15 at the U.S. Department
of State. "Colin Powell is one of our nation's
most distinguished public servants, and all Americans
owe him a debt of gratitude for promoting international
understanding around the world," said Brown University
President Ruth J. Simmons, chairwoman of the international
selection committee for the 2004 J. William Fulbright
Prize. "We are especially grateful to Secretary
Powell for recognizing the intrinsic value of international
education and exchange programs and for the strong support
and leadership that he has brought to these important
programs."
---Hispanic Business Alliance Hall
of Fame---
Dr. Agustin V. Arbulu C., a professor of management
at the executive MBA level and a Birmingham attorney
who specializes in cross-border transactions on behalf
of U.S. businesses, has been inducted into the Hispanic
Business Alliance Hall of Fame. Dr. Arbulu was recognized
by the Alliance for his many years of contributions
to the Hispanic community in the Greater Detroit area
and his continued success in providing "firsts
for Latinos." Dr. Arbulu is the first Latino Doctorate
holder from the community. He was the first Hispanic
franchise owner of a basketball team, and was the first
president of the Hispanic Bar of Michigan. A native
of Peru, he was one of the original founders of the
Alliance and served as its first President. He has also
served as head of the Latin American Bar Activities
Section of the State Bar of Michigan and currently is
the Chairperson of the Board of Visitors for the Institute
of Gerontology at Wayne State University. Over more
than 20 years, Dr. Arbulu has published a number of
articles on business and public policy, workforce development,
and emotional intelligence in enhancing performance.
---Radio today: XM CHANNEL 169/Blanche
Williams---
Don't miss XM's newest talk show sensation, GREATNESS
BY DESIGN with Blanche Williams, live coast-to-coast
every Monday & Wednesday from 12:00noon-1:00pm/EST
and 9:00-10:00am/PST on XM Channel 169-THE POWER, Satellite
Radio's premiere 24 hour African-American Talk Channel.
On Monday, December 20, just in time for year-end reflections
and new year resolutions, Blanche welcomes to "GREATNESS
BY DESIGN" world renowned speaker and best selling
author, LES BROWN to spend an empowering hour sharing
his "Up Thoughts for Down Times." On Wednesday,
December 22, Blanche welcomes TV's JUDGE HATCHETT to
talk about her national bestseller, "SAY WHAT YOU
MEAN AND MEAN WHAT YOU SAY! (Perennial Currents) along
with ESSENCE Magazine's DIANE WEATHERS and our in-house
wellness Guru, DR. ANDREA PENNINGTON talks about her
new book, "THE PENNINGTON PLAN."
---Hispanic journalists discouraged
by lack of coverage on network news programs---The
National Association of Hispanic Journalists is once
again discouraged by the lack of coverage of Latinos
on the network evening newscasts of ABC, CBS, CNN and
NBC which collectively are among the major sources of
television news in the country. NAHJ recently released
its 9th Annual Network Brownout Report and found that
out of 16,000 stories that aired on the network evening
newscasts in 2003, only 131 stories, or 0.82 percent,
were exclusively about Latinos. This was an increase
from 2002 when there were 120 stories about Latinos
(0.75 percent). While the portrayal of Latinos improved
slightly in 2003, network coverage of Latinos remained
dismal given the growth and importance of the nation's
Latino community. Latinos make up close to 14 percent
of the U.S. population. Out of 639 hours of network
news stories that aired in 2003 (38,325 minutes), a
scant 0.63 percent (4 hours and 2 minutes) was dedicated
to Latino stories. And overall, the percentage of Latinos
on screen virtually failed to register. The report found
that Latinos did not often appear in non-Latino related
stories. Out of 16,000 stories that aired in 2003, Latinos
appeared as sources in an estimated 285 non-Latino stories
(1.8 percent). Interviews with Gen. Ricardo Sanchez,
California Lt. Gov. Cruz Bustamante and New Mexico Gov.
Bill Richardson accounted for 40 percent of this total.
The sobering reality is that U.S. households were hard
pressed to view any story about Latinos in 2003. Out
of nearly 350 stories that aired on the network evening
news each week, a little more than two stories were
about Latinos.
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