The Tuck School of Business at Dartmouth
The Tuck School of Business at Dartmouth–ranked No. 1 in the business school rankings by The Wall Street Journal and Forbes for 2005–has been leading minority executives toward success since 1980.
Tuck’s Minority Business Executive Programs were the first one-week management programs created specifically for executives of minority-owned firms, providing equal access to the nation’s top quality management education. At the time, many minority-owned businesses had achieved success through participation in the U.S. SBA’s 8(a) program, yet failed to survive the transition to competing for contracts in the open market once they were no longer part of that set-aside program. In establishing these programs, Tuck hoped to reverse that trend by facilitating the growth and development of the minority business community.
From the beginning, partnerships with the nation’s leading corporations, resource organizations and government agencies, which share an interest in developing the minority business community, have been vital to the many accomplishments of these programs. Over the years, sponsors have underwritten their minority suppliers’ attendance, donated to the scholarship fund and provided ongoing program support. The Tuck MBEP Alumni Association has also been active in raising scholarship funds from program alumni so that emerging firms could benefit from participation.
Tuck has partnered with the Minority Business Development Agency, U.S. Department of Commerce, to help maximize the effectiveness of MBDA’s national support system for MBEs by intensively training 200 of their business consultants. Their consultants will transfer this knowledge to a national portfolio of MBE firms, thereby extending Tuck’s reach to MBEs that cannot come to New Hampshire for the MBEP experience.
It is part of Tuck’s mission to provide thought leadership in minority business development. The world-class faculty provide the important business tools, sharpen critical thinking, develop new insight and deliver competitive advantage to the executive participants. Tuck has recruited a number of supplier diversity experts whose combined industry knowledge and leadership provide a critical advisory role in strategically growing and expanding these programs.
Today, more than 3,000 executives of minority-owned firms have benefited from participation in Tuck programs.
Hispanic Business Inc.
Jesus Chavarria, Ph.D, is CEO of Hispanic Business Inc., a diversified publishing, information services, and events firm based in Santa Barbara, California. The firm’s activities are uniformly dedicated to developing and publishing information sources focused on the U.S. Hispanic economy, with an emphasis on measuring and analyzing its business and professional activities, purchasing power and market presence.
The company’s research arm, HispanTelligence, was the first authoritative source to forecast that Hispanic purchasing power would reach $l trillion by 2010, a figure that current data trends confirm to be on track.
In particular, Mr. Chavarria is founding editor and publisher of Hispanic Business magazine, which celebrated its 25th anniversary in 2005 as the nation’s first and most recognized authority on the U.S. Hispanic enterprise sector and market. This publication reaches more than 1 million readers and logs expanding visitor traffic to its Web presence, HispanicBusiness.com, each month.
Mr. Chavarria has also consistently organized national events for networking, mentoring, and recognition. A few of these include the Hispanic Business Woman of The Year Awards, the EOY Awards, honoring outstanding Hispanic entrepreneurial activities, and the CEO Roundtable on Capital Markets. A related activity is HireDiversity.com, recognized as the nation’s leading minority e-recruitment services provider.
His many professional distinctions for pioneering the growth and recognition of Hispanic professionals nationwide include the Minority Business Success Award from the Institute for American Business and the Lifetime Achievement Award from the Association of Hispanic Advertising Agencies (AHAA). The Small Business Administration has named him Business Journalist of the Year in recognition of his work as a voice and mentor for Hispanic entrepreneurs, and the Multicultural Institute for Leadership has recognized him for his efforts on behalf of diversity.
Mr. Chavarria holds a Ph.D. in history from UCLA. He has taught at the University of Wisconsin and University of California, Santa Barbara, where among his other accomplishments, he founded the Chicano Studies Center and Program. Mr. Chavarria chaired the historic Task Force on Chicanos at the University of California (l976). He is the founder of the Hispanic Business College Fund, a scholarship granting organization, and a board member of the California Council of the Humanities.
He resides with his wife Bonnie and son Ari in Santa Barbara.
National Minority Supplier Development Council
Robert Stuart has been involved in literally dozens of service organizations in addition to being CEO and chairman of the National Can Corporation, a Fortune 500 corporation.
Though he received his bachelor’s degree in chemical engineering from the University of Illinois after World War II, Mr. Stuart joined the family business–Cans Incorporated.
In 1951, his father sold his Chicago-based company to the National Can Corporation. And within 10 years, Mr. Stuart had worked himself up to president, and then chief executive. He expanded the National Can Corporation into an international company; and with his leadership, the company achieved the highest earnings for an entire decade among all publicly owned companies, according to Forbes magazine.
Service and vision were keys to Mr. Stuart’s management style. He understood the importance of serving customers, suppliers and shareholders.
Mr. Stuart knows how to delegate and inspire workers, His management style can be seen in how he juggled his many service organizations, at the same time. He has worked with and often led groups in youth development, health care, crime prevention, church life and education.
Mr. Stuart was the founding chairman of the National Minority Supplier Development Council, which helps minority-owned businesses sell to large corporations competitively. “We convinced corporations to arrange to buy a significant percentage from minority-owned businesses,” Mr. Stuart said. “And it worked.” In 2003, member companies delivered $80.2 billion worth of business to minority-owned companies.
After retirement in 1986, Mr. Stuart financed an increasing involvement with service organizations, working with as many as three dozen at a time. Today, he and his wife live in Cape Coral, Florida. At Christmas time, you may spot him standing outside a store ringing a bell for the Salvation Army.
He is a past board member of the Chicago Regional Purchasing Council, a member of the Chinese American Civic Council, past honorary board member of the U.S. Asia Institute and past chair of the Grand Council of the American Indian Center. As Doug Peterson wrote in a profile of Mr. Stuart on the University of Illinois Web site, quoting another alumnus, Stuart finds “great joy in casting a wide net in service to others.”
TLC Group L.P.
Reginald F. Lewis began his career at the age of 10, delivering the local Afro-American newspaper. Fortune Magazine reported that as a child, Mr. Lewis kept his earnings in a tin can known as “Reggie’s Hidden Treasure.” He later sold his newspaper business at a profit.
Mr. Lewis graduated from Virginia State University on the Dean’s List. He went directly to Harvard Law School after graduation. It was in his third year at Harvard that he discovered the direction for his career in a course on securities law. Lewis wrote his third year paper on takeovers.
After graduation, he went to work for a prestigious New York law firm. Within two years he established his own Wall Street law firm. While his focus was corporate law, Mr. Lewis also helped many minority-owned businesses secure badly needed capital. A desire to “do the deals myself” led to Lewis starting the TLC Group L.P. in 1983. His first major deal was the $22.5 million leveraged buyout of the McCall Pattern Co. Lewis nursed the struggling company back to health and, in the summer of 1987; he sold the company for $90 million, making $50 million in profit. Despite a declining market, under his leadership, McCall enjoyed the two most profitable years in its 113-year history. In October 1987, Mr. Lewis purchased, for $985 million, the international division of Beatrice Foods, with holdings in 31 countries, which became known as TLC Beatrice International. This deal was the largest buyout ever of overseas assets by an American company. As chairman and CEO, he moved quickly to reposition the company to pay down the debt and vastly increase the company’s worth. In 1992, the company had sales of over $1.6 billion.
Giving was part of his agenda and in 1987, he established The Reginald F. Lewis Foundation. Prior to his death, the foundation made grants of approximately $10 million to various education, children, community, civil rights, arts and health programs and organizations. His first major grant was made in 1988, an unsolicited $1 million grant to Howard University, a school he never attended. A grant of $3 million was made to Harvard Law School, then the largest grant in the school’s history. In gratitude, the school named its International Law Center building for Reginald F. Lewis.
Former Principal Chief
Wilma Mankiller served for two years as the first female elected deputy chief and for 10 years as first female principal chief of the 220,000 member Cherokee Nation. Her areas of expertise include community development, public relations, tribal governance, leadership, writing, and the conceptualization and development of an extensive array of projects ranging from basic infrastructure to programs for children and youth.
Ms. Mankiller’s list of many accomplishments include leading a Cherokee Nation team that obtained a Congressional appropriation to build an $11 million Job Corps Center in Tahlequah as well as the John Ketcher Youth Shelter, a homeless shelter for children and youth of all races. She also led a Cherokee Nation Industries team that successfully obtained a special IRS tax letter ruling, which allowed the firm to continue to operate as a state chartered corporation but remain free of state taxation when the land was placed in trust. This has saved the company millions of dollars in state taxes. She also helped conceptualize, obtain the venture capital, and put on the ground most of the businesses which now comprise Cherokee Nation Enterprises.
Ms. Mankiller founded and served as the first director of the Cherokee Nation Community Development Department which has received a number of national awards for innovative projects utilizing self-help.
Ms. Mankiller has a bachelor’s degree in social services. She has been inducted into the National Women’s Hall of Fame, the International Women’s Hall of Fame and the Oklahoma Hall of Fame. She has l8 honorary doctorates from universities, including Yale, Dartmouth and Smith Colleges. She was a Chubb Fellow at Yale and a Montgomery Fellow at Dartmouth. She has presented more than l00 lectures at universities and published more than a dozen papers in journals and newspapers.
She is a trustee of the Ford Foundation and the Freedom Forum’s Newseum. She co-edited “A Reader’s Companion to the History of Women in the U.S.,” Houghton-Mifflin, co-authored, “Mankiller: A Chief and Her People,” St. Martin’s Press, and her newest book, “Every Day is a Good Day,” was published by Fulcrum Press in fall 2004. She is one of a handful of Native American recipients of the Presidential Medal of Freedom.
Johnson Publishing Company. Inc.
John H. Johnson is best known as a publisher, businessman and humanitarian. Mr. Johnson began his publishing career in November 1942 as editor and publisher of Negro Digest, later Black World. The company, founded by Mr. Johnson, publishes EBONY, the No. 1 African American magazine in the world every consecutive year since its founding in 1945, and JET, the world’s No. 1 African-American newsweekly magazine, founded in 1951.
Johnson Publishing Company, Inc. has been the world’s largest Black-owned publishing company in the world for 60 years. Johnson Publishing Company also publishes books exclusively by black authors, owns Fashion Fair Cosmetics, the largest black-owned cosmetics company in the world, and produces television specials. Mr. Johnson became chairman and CEO of Supreme Life Insurance Company, where he began his career as an office boy.
Mr. Johnson accompanied Vice President Richard M. Nixon on a special goodwill tour to nine African countries, Russia and Poland. He was appointed by President John F. Kennedy as Special U. S. Ambassador to the Independence Ceremonies of the Ivory Coast. He was later appointed by President Lyndon B. Johnson as Special U. S. Ambassador to the Independence Ceremonies of Kenya.
His board memberships included Dillard Department Stores, Inc. VIAD CORP., Bell & Howell; Chrysler Corporation; Conrail; Continental Bank; Arthur D. Little; Supreme Life Insurance Company; Twentieth Century Fox Film Corporation and Zenith Electronics Corporation. His philanthropic and civic contributions included being a trustee for The Art Institute of Chicago and United Negro College Fund; a member of the Advisory Council, Harvard Graduate School of Business; director of the National Conference of Christians & Jews; and a member of the Industries Advisory Committee-The Advertising Council, Inc.
He and his wife, Eunice, who is producer-director of the EBONY Fashion Fair and secretary-treasurer of Johnson Publishing Company, Inc. have one child, Linda Johnson Rice, who is president and CEO of Johnson Publishing Company, Inc. Mr. Johnson graduated with honors from DuSable High School and attended the University of Chicago and Northwestern University. He held numerous honorary degrees and was the recipient of scores of awards and honors.
E. G. Bowman Company
When Ernesta Procope founded E.G. Bowman Company as a small insurance agency in Brooklyn in 1953, few African Americans–particularly women–were in the business. But with her drive and entrepreneurial spirit, she beat the odds, grew the business and broke into the mainstream of the American economy. In 1979 the firm became the first major black-owned business on Wall Street.
E.G. Bowman is now a powerhouse–America’s largest minority-owned and woman-owned insurance brokerage–that serves Fortune 500 companies, nonprofits, government agencies, small businesses and nonprofits nationally. Its clients include many of America’s largest and most distinguished corporations, such as Philip Morris, Tiffany and Pfizer.
Ms. Procope was a driving force behind the creation of the FAIR Plan in 1968. In the 1960s, when insurers were redlining minority neighborhoods and canceling the firm’s customers, she personally lobbied Gov. Nelson Rockefeller to support legislation that made homeowners insurance available to all homeowners in the state.
Most recently, Ms. Procope became the founder and president of Bowman Specialty Services, LLP, which provides engineering and safety services, with an insurance-prevention focus, to a number of major accounts.
She has received dozens of awards and citations, including Essence magazine’s “2004 Power Award;” one of the”25 Most Innovative Agents in America” from The National Alliance for Insurance Education & Research (2004); Turner Broadcasting System’s “2002 Trumpet Award;” enshrinement in the African American Business Hall of Fame (2003); Business Insurance’s “Leading 100 Women in the Insurance Industry;” Ernst & Young’s “Entrepreneur of the Year,” the U.S. Small Business Administration’s “Small Business Person of the Year,” and the Institute for Community Development’s “Community Leadership Award.” In 1972 First Lady Patricia Nixon named her “Woman of the Year.”
She has served on many corporate and nonprofit boards, including The Chubb Corporation, Avon Products, Columbia Gas System, New York Urban League and Cornell University, and chaired Adelphi University’s board. She holds Honorary Doctor of Laws degrees from Howard University, Adelphi University and Marymount Manhattan College as well as a Doctor of Humane Letters from Morgan State University.