Russell Simmons: Face of Modern American Business?
Thursday, June 23rd, 2011(Huffington Post) The 2011 American Business Awards were presented in front of a room of American business people by The Stevie Awards last night. Representatives from companies like Overstock.com, Apple and Groupon were in attendance to accept their accolades among the clattering of diners. Then there was a special honor bestowed upon the entrepreneur and philanthropist, Russell Simmons. The Difference Maker award was presented to Mr. Simmons and was described as “the first of its kind,” and was “presented to Simmons for his groundbreaking vision and influence on music, fashion, finance, television, film, as well as the face of modern philanthropy.”
It was the use of the term “modern” as a preface to philanthropy that truly resonated with me given the fact that in a room full of upper management and c-level suite business-gladiators, if you will, Mr. Simmons stood out as one of few Black men. Indeed, he was one of the lonely potential minority honorees in the venue altogether. Recent data suggests that the respective numbers for Blacks in blue-collar jobs and at senior pay levels in the Civilian Labor Force were 34,877 (1.8 percent) and 1,477 (0.07 percent), respectively, according to a new report from the Office of Personnel Management. Mr. Simmons’ career has spanned from the 1970′s to the present and noteworthy achievements include co-founding Def Jam Records. Still, the data suggests that the opportunities for recognition among Blacks and other minority groups for their contributions to “American business” is limited from the onset because few will ever be in a position to establish leadership.
Russell Simmons: Face of Modern American Business?
