When black enterprise announced its decision to have its 2009 Entrepreneurs Conference + Expo in Detroit, the move raised more than a few eyebrows. After all, if the nation was in a recession at the time, surely Detroit must be in a full-fledged depression. The automotive industry—the city’s lifeblood—was facing its worst business climate ever, prompting massive layoffs, restructurings, and, in General Motors’ case, bankruptcy. The city, which was struggling prior to the events in the auto industry, had to contend with high rates of unemployment and poverty as well as real estate values that had plummeted to the point where a significant portion of the population found their mortgage balance exceeded the value of their homes.
Tag: Enterprise
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The Real Game Is Business
It’s just the prelims of the 2009 Black Enterprise Golf & Tennis Challenge and it’s already clear that once again the best and brightest moves and players in business and corporate America not only came to play–they came to win. It’s what I like most about G&T, hosted once again by title sponsor Pepsi: whether attendees are registered to play golf or tennis, or do some serious rest and relaxation at the world class spa, they know that the real name of the game is business.