NOIRBCC BLACK BUSINESS CLUBS
Historically Black College Universities (HBCUs) | Predominantly Black Institutions (PBIs) | Predominantly White Institutions (PWIs)
"Advancing Black Business Education & Increasing Black Talent Corporate Placement"
How do we move Black America forward? We do it by investing in business education for black college students!
NOIRBCC BLACK BUSINESS CLUB
NOIRBCC Black Business Clubs are specific to supporting black students at Historically Black College Universities (HBCUs), Predominantly Black Institutions (PBIs), and Predominantly White Institutions (PWIs) universities. Noir Black Chamber of Commerce Inc., a Louisville Kentucky based national 501C3 economic development organization and certified Community Development Entity (CDE), under The U.S. Department of Treasury, created this initiative to provide black college students with experiential learning opportunities to develop basic leadership and business skills that will facilitate the creation of new enterprises and corporate career advancement for black college students.
As Black Americans retool after a years of racial and economic unrest and a fight for equality and social justice, many are left with the realization that the “system” is not and will likely never be totally fair towards them. Therefore Black Americans must now rise up to the challenge of creating opportunities for themselves to move Black America forward. One way to do this is by encouraging black college students to learn basic business education, whether they are entrepreneurs or planning on working for a corporation.
Because of formal business knowledge and training, white families have been afforded the opportunity to pass knowledge down from generation to generation, which has led to continuous economic growth and wealth building that has led to white children enjoying “basic norms” of going to college without thinking about it; access to affluent corporate connections that lead to high paying careers; and easier access to financial institutions to secure business and home loans.
NOIRBCC Black Business Clubs were created to engage black college students and teach them business concepts, structure, development, growth strategy, and corporate etiquette that will lead to successful careers.
Black Americans live in communities that lack access to good jobs and quality schools and suffer from high crime rates. Black Americans are about twice as likely to be unemployed as white Americans. Black students lag in comparison to their white peers in educational attainment and achievement, and Black American communities tend to have higher than average crime rates. These issues have been a persistent problem, and jobs are essential to improving Black communities. Increased employment would significantly help individuals in these communities lift themselves out of poverty. Additionally, because poor economic conditions are an important causal factor behind poor educational outcomes and high crime rates are correlated with high unemployment rates, creating job opportunities would help improve educational outcomes and reduce crime.
Workplace diversity is imperative to business success, but companies are having a tough time identifying, attracting, and recruiting Black talent to their companies. Diversity can be defined through a variety of lenses. Age, race, ethnicity, cultural background, gender, sexual orientation, and religion immediately come to mind, but have you considered educational background, managerial experience, neurodiversity, and even personality traits? Study after study reveals that the demographics of the American workforce are constantly changing. According to the U.S. Census Bureau traditionally underrepresented populations will hit majority status by 2024. At the same time, stark disparities exist within different sectors and management groups. As of 2018, women held only 22.5 percent of Fortune 500 board seats, and minorities only represented 16.1%.
Workforce retention has employers facing growing challenges that vary by industry, location, and other differentiating factors, but rising employee turnover rates affect virtually all employers, and Millennials, who now make up most of the workforce, change jobs more frequently than previous generations. According to the U.S. Bureau of Statistics, the average turnover rate in the U.S. is about 12 to 15% annually. Furthermore, according to LinkedIn, an average annual worldwide employee turnover rate is 10.9%. Employers must develop innovative methods to attract and retain talent in their companies. The key to retaining employees is for corporations to offer them a career roadmap, which will help guide their career up the corporate ladder, and it will lead to long-term employment.
Although this black talent corporate placement initiative is constructed around connecting corporations to black college talent, it is also focuses on workforce diversity and retention.
NOIR BLACK CHAMBER OF COMMERCE INC. BLACK BUSINESS CLUB
“NOIRBCC BLACK BUSINESS CLUB”
Article I: Name
Section I: The name of the organization shall be the NOIRBCC Black Business Club.
Article II: Purpose
Section I: The purpose of this organization is to provide black students from Historically Black College Universities (HBCUs), Predominantly Black Institutions (PBIs), and Predominantly White Institutions (PWIs) with experiential learning opportunities to develop basic leadership and business skills that will facilitate the creation of new enterprises.
Article III: Authority
Section I: This organization is a recognized student organization on university campuses and adheres to all rules and obligations of The Student Activities Governing Organization. This includes, but is not limited to, the completion and submission of an update form each year or within two weeks of an officer change.
Section II: This organization is affiliated with Noir Black Chamber of Commerce Inc. a national 501c3 Economic Development Organization and certified Community Development Entity (CDE) under The U.S. Department of Treasury. The NOIRBCC Black Business Club adheres to Noir Black Chamber of Commerce Inc. Bylaws.
Section III: This organization may establish Standing Rules to govern administrative and procedural matters (such as time and location of meetings, etc.). Standing Rules shall not conflict with these bylaws. Standing Rules may be adopted, amended, or temporarily suspended by a majority vote present at an organization meeting where a quorum is present (advance notice is not required).
Section IV: The rules contained in the most recent version of Robert’s Rules of Order, Newly Revised shall be the parliamentary authority for this organization and shall govern in all cases to which they are applicable and in which they are not inconsistent with these bylaws and any special rules of order the organization may adopt.
Section V: This organization provides exposure to business professions (including but not limited to intrapreneurship, management, sales, marketing, finance, entrepreneurship, business management, and accounting) through presentations from guest speakers, both inside and outside the classroom.
Section VI: This organization provides a social organization for black business students to develop relationships with other black peers as well as with prospective business partners and employers.
Section VII. This organization serves as a bridge between classroom experiences and industry opportunities.
Article IV: Executive Cabinet
Section I: The officers of the club shall consist of the President, Vice President, Secretary, and Treasurer. These officers will be referred to collectively as the Executive Cabinet. The Executive Cabinet will also serve as the Nominating Committee.
Section II: The President shall organize meetings (e.g., setting the agenda), call all meetings to order as presiding officer, chair the meetings of the Executive Cabinet, and perform all other duties incidental to the office.
Section III: The Vice President shall attend all meetings, exercise the functions of the President in the President’s absence and/or vacancy, and assist the President in any necessary duties when called upon to do so.
Section IV: The Secretary shall attend all meetings, record the minutes of all meetings, provide minutes to the Executive Cabinet when needed, inform regular members as well as prospective members of meeting times and places, and handle all other correspondence necessary to the ongoing business of the club.
Section V: The Treasurer shall attend all meetings, manage the funds of the club, pay debts from the club treasury when due, monitor the profitability of and establish controls related to any business undertakings of the club, and recommend to the Executive Cabinet dues that should be collected from members. They shall keep adequate records of all transactions and shall report on the financial condition of the club whenever called upon to do so.
Section VI: The Executive Cabinet shall work with a university faculty advisor to develop leadership opportunities for the club’s members and to develop procedures for creating, staffing, and evaluating standing committees, ad hoc committees, and other positions. The Executive Cabinet will work closely with the chamber’s NOIRBCC Program Director to discuss programming and needs of the club.
Section VII: The President and Vice President will represent NOIRBCC Black Business Club to The Student Activities Governing Organization.
Section VIII: In addition to the duties outlined by The Student Activities Governing Organization, the President and Vice President shall attend all meetings and regularly report relevant information from The Student Activities Governing Organization to the Executive Cabinet.
Article V: Committees
Section I: In consultation with the university’s faculty advisor, the Executive Cabinet shall appoint such standing and ad hoc committees as it deems necessary for carrying on the business of the club.
Article VI: Advisor
Section I: The advisor shall be a faculty member of the College of Business and shall be appointed by the Dean of the College of Business. The advisor will be called upon for advice as needed by the officers and may offer advice to the officers as deemed necessary.
Article VII: Membership
Section I: Membership shall be open to all black students, from across the campus, who regularly attend club meetings and events, and who pay such dues as may be levied by vote of the Executive Cabinet. Active membership shall be determined by having selected a major in business and by their level of commitment to the organization’s mission. Once a student graduates or ceases to be a student at the University, his/her membership in the Club shall cease.
Section II: A limitation on membership to matriculated students, but without any restrictions on the basis of race, color, national or ethnic origin, religion, sex, disability, age, sexual orientation, or veteran status except as expressly permitted by law.
Section III: Upon approval by the NOIRBCC Program Director and the Executive Cabinet, Honorary membership shall be granted to interested members of the faculty and may be granted to members of the business community and others as the club sees fit.
Article VIII: Hazing
Section I: This organization (NOIRBCC Black Business Club) will not participate in any activities which could be regarded as hazing. “Hazing” refers to any activity expected of someone joining a group (or to maintain full status in a group) that humiliates, degrades, or risks emotional and/or physical harm, regardless of the person’s willingness to participate.”
Article IX: Elections and Appointments
Section I: The Nominating Committee shall be responsible for developing a slate of potential candidates for each elected position in the spring semester preceding fall elections, and it may receive nominations from any NOIRBCC Black Business Club member or any College of Business faculty member.
Section II: The Nominating Committee shall interview all nominees for elected positions and determine, in consultation with the faculty advisor, the final slate of candidates for each elected office.
Section III: The Executive Cabinet shall interview all candidates for appointed positions before making those appointments.
Section IV: Candidates for Executive Cabinet positions shall be members of NOIRBCC Black Business Club and must have completed at least 60 credit hours (junior status) at the time office is taken.
Section V: There shall be separate elections for each position, and the winners shall be the candidates receiving the most votes in each respective election. All members present for the election are eligible to vote.
Section VI: The term of office for all Executive Cabinet positions shall be the calendar year. Cabinet members must be able to serve the full term and may only serve one term.
ARTICLE X: Removal from office
Section I: Any officer may be removed from office for failure to perform the prescribed duties by a two-thirds vote of the membership, provided that all members are notified of this pending action at least one week prior to the removal decision. Removal from office can occur either for failure to carry out the responsibilities of that office, or for actions which violate the purposes of the organization. Written charges by a member are to be presented to the Executive Committee who will notify the officer in question with sufficient opportunity given for the officer to answer charges at a meeting of the membership.
Article XI: Meetings
Section I: Meetings shall be held on the dates decided by the Executive Cabinet.
Section II: Notification of meetings shall be distributed via campus mail and/or e-mail at least one week in advance of all meetings.
Article XII: Amendments
Section I: An amendment to the club’s Bylaws may be proposed by any member of the club or any faculty member in the College of Business.
Section II: Proposed amendments shall be circulated to the members at least one week prior to the meeting at which the vote will be taken. An amendment shall be effective upon the approval of two-thirds (2/3) of the regular members in attendance at the meeting.
Section III: Upon approval by the club of any amendments or other changes to these Constitutional Bylaws, all changes shall be submitted to The Student Activities Governing Organization.
Section IV: The Executive Cabinet shall review the Bylaws at least once every two (2) years.
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