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Changing the Game: Thurgood Marshall College Fund and Hennessy Partner to Develop Next Generation of Corporate Leaders

NNPA NEWSWIRE — The inaugural cohort of Hennessy Fellows is comprised of 10 MBA students from HBCUs, who were recently invited to New York City to engage with executive leaders at Hennessy and other national corporations as part of the program. The intensive Boot Camp welcomed students from Florida A&M University, Howard University, North Carolina A&T State University, and Morgan State University. The results? Fellows built strong relationships and were made to feel validated, supported and championed in their individual career trajectories.

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Harry L. Williams is the president and CEO of the Thurgood Marshall College Fund, the largest organization exclusively representing the black college community. Before joining TMCF, he spent eight years as president of Delaware State University. Follow him on Twitter at @DrHLWilliams.

By CEO Dr. Harry L. Williams, TMCF president, and Giles Woodyer, Hennesy Senior Vice President

When companies announce a commitment towards achieving more corporate diversity, what do they really mean? For too many young African Americans, these commitments seem more like empty promises.

To date, there have only been fourteen black CEOs at Fortune 500 companies, and according to Fortune, there are just three in 2019. So how can corporations remove barriers and create access for emerging, multicultural leaders?

Diverse Partnerships to Drive Change

Since 1987, Thurgood Marshall College Fund (TMCF) has prepared and identified students at 47 publicly supported Historically Black Colleges and Universities (HBCUs) to thrive in the business sector. When Hennessy, the world’s best-selling Cognac, approached TMCF with an innovative idea involving HBCU graduate students, especially those earning MBA degrees – there was an immediate organizational alignment to improve the current corporate narrative. Together, TMCF and Hennessy conceived the Hennessy Fellows program with the goal of building a pipeline of diverse corporate leaders from HBCUs.

The Hennessy Fellows initiative is the latest example of Hennessy’s commitment to supporting African American communities. In 1794, Hennessy arrived in the U.S. and has consistently demonstrated a progressive vision to amplify multicultural voices since. As an early supporter of the Tuskegee Institute and the first corporate sponsor of the NAACP, the brand continues to champion those who “Never stop. Never settle.” with its new fellowship program in partnership with TMCF.

Yet, ascending to the highest levels of corporate leadership requires having access to more than just an ivy-league education. African American leaders need opportunities to learn development skills, build their network, develop business acumen, and gain tangible professional experiences. Not to mention, the unspoken corporate rules that many HBCU students don’t have ready access to. Hennessy Fellows is designed to unlock the C-Suite’s secrets by equipping leaders with access and mentorship.

Executive Mentorship to Build Future Leaders 

To see our success, we often seek someone who looks like or can relate to us; especially African American students, who often desire mentors who resonate on both a cultural and personal level. With approximately 75% of Fortune 500 companies offering formal mentorship programs, corporate America has embraced the idea, but are these programs effective?

The inaugural cohort of Hennessy Fellows is comprised of 10 MBA students from HBCUs, who were recently invited to New York City to engage with executive leaders at Hennessy and other national corporations as part of the program. The intensive Boot Camp welcomed students from Florida A&M University, Howard University, North Carolina A&T State University, and Morgan State University. The results? Fellows built strong relationships and were made to feel validated, supported and championed in their individual career trajectories.

Investments to Fuel Corporate Diversity 

Beyond mentorship, the Hennessy Fellows program aims to increase the number of African Americans in corporate leadership through financial assistance. To achieve this, Hennessy has pledged $10 million to TMCF that will extend over the next decade, providing students with up to $20,000 per academic year, a $10,000 annual stipend for educational expenses, as well as VIP access to various professional networking events.

Unlike their counterparts, student loan debt weighs more heavily on students of color, which can often present barriers for things like applying for unpaid internships or frequenting professional events. An estimated 86.8% of black students borrow federal student loans to attend four-year public colleges, as opposed to 59.9% of white students, according to the National Center for Education Statistics. Hennessy Fellows seeks to offset these financial burdens – focusing on graduate-level candidates who don’t have as many financial assistance opportunities – with an investment designed to maximize students’ full potential across educational, professional and personal pursuits.

Over the next decade, Hennessy and TMCF will continue to provide the tools, knowledge, and insight necessary to change the trajectory of minorities in Corporate America. And together, our organizations have the unprecedented opportunity to diversify the talent landscape and make an immeasurable impact.

Harry L. Williams is the president and CEO of the Thurgood Marshall College Fund, the largest organization exclusively representing the black college community. Before joining TMCF, he spent eight years as president of Delaware State University. Follow him on Twitter at @DrHLWilliams.

In his role as Senior Vice President, Giles Woodyer brings unparalleled expertise in distilled spirits to Moët Hennessy USA, where he manages the portfolio for Hennessy, the world’s best-selling cognac.

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Smooth Ride! Car Suspension & Comfort Tested #shorts

Smooth suspension meets surprisingly spacious legroom. Experience true comfort on any road!

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Car suspension test demonstrating a smooth ride, comfort features, and handling on various terrains.

Experience the difference smooth suspension makes on rough streets. Check out the surprisingly good second-row legroom – test it yourself for true comfort.

🔗 Watch the full video: https://youtu.be/l9Z571za5Gc

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61 years since Selma, Houston leaders say the bridge remains to be crossed

61 years after Selma, Houston leaders say the fight for equality continues. The issues that sparked the marches still impact Black Americans today.

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Houston leaders discuss the ongoing struggle for civil rights 61 years after Selma, emphasizing the need for continued action.

It has been 61 years since the Selma marches. But political leaders in Houston say that the issues protesters were marching for still plague the lives of Black Americans.

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Here is what you need to know about finding unique white elephant gift ideas that everyone wants to steal

The best white elephant gift ideas are funny enough to get a reaction but useful enough that people actually want to steal them. Look for gifts with a surprise factor, broad appeal, an inside joke, and just enough personality to spark some friendly competition. The wrapping paper comes off, the room goes quiet for half […]

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The best white elephant gift ideas are funny enough to get a reaction but useful enough that people actually want to steal them. Look for gifts with a surprise factor, broad appeal, an inside joke, and just enough personality to spark some friendly competition.

The wrapping paper comes off, the room goes quiet for half a second, and suddenly everyone wants the same gift. That is the sweet spot. A great white elephant pick should make people laugh, lean in, and start plotting their next steal before the turn is even over.

Should a White Elephant Gift Be Funny or Useful?

A white elephant gift can be funny or useful, but the strongest choices usually give people a reason to laugh and a reason to keep the item. A practical gift with an odd design, unexpected feature, or playful theme can get a reaction without becoming something the recipient immediately wants to give away.

The right balance depends on the group. Close friends and family members may enjoy a ridiculous gag gift because they already understand one another’s sense of humor.

A workplace exchange, neighborhood party, or mixed-age gathering usually calls for something with broader appeal. In those settings, humor works better when it is built into an item people could still use afterward.

It also helps to think about how quickly the gift will make sense once it is opened. A strangely shaped kitchen tool, oversized mug, quirky desk accessory, or unexpectedly fancy everyday item can create an immediate reaction. Guests understand the joke right away, while the item still has enough practical value to attract a steal.

Pure gag gifts can be harder to pull off. Something that exists only for the punchline may get a big laugh during the reveal and then sit untouched for the rest of the game. If the goal is to bring one of the gifts everyone keeps fighting over, usefulness gives the joke staying power.

Memorable Present Ideas: Creating Inside Joke Gifts

Inside joke gifts can make a white elephant exchange feel much more personal, especially when most of the group shares the same stories. The trick is choosing a reference that people will recognize quickly instead of building the entire joke around something only two guests understand.

You can turn a memorable vacation mishap, office catchphrase, family story, or long-running group joke into the theme of the gift. A personalized comic book can work especially well when it turns familiar people or a ridiculous shared moment into part of the story. 

Think carefully about who the joke involves before ordering anything permanent. The gift should make the person feel included in the fun, not singled out for the wrong reason.

Can You Bring Something You Already Own?

Holiday gift exchanges can be a good place to re-gift something you never used, especially if it is unopened and clean.

The following can all work if they still look presentable:

  • A duplicate kitchen gadget
  • An untouched game
  • A decorative item
  • A sealed gift set 
  • An unopened candle
  • A new travel accessory

The goal is to give the item a second chance, not use the exchange as an excuse to clear out damaged or unwanted clutter.

Take a close look at the packaging before wrapping it. Faded boxes, missing pieces, visible wear, or anything that looks obviously used can make the gift feel careless. 

Wrapping Budget-Friendly Gifts

Wrapping can make gifts more entertaining before anyone even knows what’s inside.

Misdirection works especially well for fun party games. Put a small gift inside a much larger box. Use packaging from an unrelated household item.

Add harmless weight so guests cannot guess what they are holding. The reveal becomes part of the joke without changing the gift itself.

You can also lean into the theme of the exchange. Bright paper, oversized bows, reusable bags, or deliberately over-the-top wrapping can make an ordinary item feel more memorable. If the gift itself is already funny, simple wrapping may work better so the surprise stays hidden until the last second.

Frequently Asked Questions

Is Picking Last an Advantage in White Elephant?

Picking last can be an advantage because you get to see almost every gift before making your move. Instead of choosing blindly from the remaining wrapped presents, you can steal something that has already caught your attention if the rules still allow it.

That advantage depends on the house rules. Some games limit how many times a gift can be stolen.

Others lock an item once it reaches a certain number of steals. If the most popular gifts are already unavailable, the final player may have fewer strong options than expected.

The first player can also get another turn at the end in some versions of the game. That rule can balance things out, since the person who started with the least information may get one final chance to steal.

How Do You Plan White Elephant for a Large Group?

For a large white elephant exchange, set a firm spending limit and establish the stealing rules in advance.

Create a clear turn order before the game begins. Drawing numbers as guests arrive can save time once everyone is ready to start.

Keep the number of steals per gift limited so the game does not drag on. It also helps to have one person track which creative holiday presents have been stolen and when they are locked, especially if dozens of people are participating.

Can You Play White Elephant Virtually?

A virtual white elephant exchange can work over a video call, with one person keeping track of the turn order and each steal. Guests can either mail physical gifts ahead of time or use digital gifts that can be delivered once the game ends.

Set the spending limit and stealing rules before everyone joins. It also helps to decide how gifts will be revealed and who is responsible for sending each one afterward so the exchange does not become confusing.

Choose a Perfect White Elephant Gift in a Snap

Look for a white elephant gift that fits some of these criteria, and everyone will be trying to grab it at your next celebration.

Do you need more gift-giving tips and tricks? Make sure you read some of our other posts.

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