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Response to Nick Cleg's
speech
Glass Ceiling
is experienced by black and ethnic minorities. A black person has
to exceptional to rise above the field. If average, they will get
passed over for promotion. Loyalty, and knowledge of the job, counts
for nothing. Those with great qualifications and experience get
rejected at interview stage and are told - they are over-qualified.
This is endemic in the UK, as well as in America. It cannot even
be described as a minority issue, since in black countries where
whites are a minority, they are still able to get the top jobs.
Notice how a
black person is scrutinised more than white people. Note how Kelly
Rowland is bashed for taking time out to do her career duties. However
other judges who do the same, are not given the same attacks by
the press.
In football,
as soon as a black manager has been appointed in a premiership team,
they are summarily dismissed after a few months of bad games. They
are not given a chance to grow and develop in the role. Compare
John Barnes, Chris Hughton, Paul Ince.
Thank you Mr Clegg for affording us the time and space to bring
these issues to the wider world. It's just unfortunate that it was
on the day which it is good to bury bad news. The media is taken
up with the Leveson Inquiry and the glamour of Sienna Miller and
Co giving evidence against News International.
Its the anniversary
of the Scarman Report of 1981. The Lawrence Enquiry came years later.
Echoing many of the discoveries of Lord Scarman. The findings of
those reports are comparable to modern times, and nothing has changed.
Maybe we just have to accept these as facts of life and work our
way around the issues. Tony Wade - in his book "They made a
million" outlines the difficulties he had 30 years ago, when
they were trying to raise funds to expand their business. It's the
same now. Perhaps even more difficult, for now we have the credit
crunch, and even banks cannot repay their debts never mind anyone
else.
If the Government
is putting an inquiry in place, and measures to help black businesses,
that would be good. But in the meantime, black and minority business
owners have to forge their own way forward. Make it anyway. Many
will fall by the wayside, but if one does not try, we never know
if success was possible.
Many talk about
Black and Minority Ethnic people pulling together to find a way.
Saving together, investing together, and this is one of the solutions
Black Economics encourages. If we wait for the Government for jobs,
and equality of treatment - we have a long wait. But pulling together
is the subject of many discussions - with very little action to
follow up.
Thanks Nick
for the reminder of our realities, but no solutions were given.
He reminds us that surveys have indicated that 35% of individuals
from black African origin say they want to start a business, but
only 6% actually do. I would venture that finance is only one of
those areas of difficulty. The other is lack of experienced business
people to work with the ambitious for mentoring or business coaching;
expert knowledge is not always sought to make the business successful;
the courage and drive to ensure a business person starts on the
road is quickly distinguished when there is a lack of support around
them.
Banks first
point of refusal is usually the credit rating. Many people are refused
by the computer, before they have even had a chance to say 'business
plan'. But it should be borne in mind that a good idea can make
money, regardless of previous money problems, enabling that person
to pay off their debts and help others. Consider Donald Trump, Peter
Jones or Simon Cowell. Somebody had to take a chance on them, else
they would not have graced the world stage and be such a benefit
to their country now. Where is the personal service that was available
once, when you could sit in front of a bank manager, explain your
idea, and walk out with a loan approval.
The second point
of refusal is a business plan which is not persuasive enough. This
can be rectified. There is a plethora of Business support services
who will write the plan for business owners. But business owners
also need to know their own limitations and work with a partner
who is able to handle the paperwork and the marketing. There needs
to be a support system within communities for their businesses,
whether its from families and friends. Typically black entrepreneur's
have to go it alone with little or no support and as a consequence
there is a high failure rate. It is important to remind people however,
that 3 businesses might fail, but a 4th business might be extremely
successful - so we remind people not give up.
It was also
fascinating to discover that in the public sector, men from ethnic
minorities working full time now earn slightly more than their white
male colleagues. Public sector has generally been open to hiring
a more diverse workforce, particularly in local authorities where
there is a high black and minority ethnic population. There are
prolific black business owners in this country, whose companies
turnover millions. Eg Wade Lyn, Roger Lynn, Laban Roomes, Patrick
Fredereks, Rene Carayol, Joy Nichols.
There are many
talents within Black and Ethnic minorities. Truly, if these were
unleashed, it would be of tremendous benefit to the whole country,
not just those communities. There are 20,000 black-owned businesses
in the UK, however the majority remain small, with only 1 or 2 employees.
There are too many barriers to growth. Black Economics encourages
these talents, some of these businesses are listed on our website.
Black Economics is also working to break down these barriers to
growth.
Black Economics
24 November 2011
www.blackeconomics.co.uk
Tel 020 8252 0192
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