Morgan Howard

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Alaska Native Corporations: Dividends do not define Success

October 29, 2014 by Morgan Howard

During campaign season at Alaska Native Corporations you hear the slogan of “more dividends” in many board candidates’ speeches. Candidates promise “more dividends” and “larger dividends” when they talk to shareholders because many Alaska Native shareholders believe that the purpose of a Native corporation is to benefit its shareholders financially.

For these candidates and shareholders, large dividends are the definition of success. To them, a large dividend means the company is doing well and is fulfilling its purpose.

Likewise, no dividend or a small dividend means the corporation is struggling and is failing.

Their definition doesn’t tell the real story. Financial benefits are important, but providing them does not show a Native corporation has succeeded.

Actually, dividends are a poor measure of success. They can conflict with our values and, in some cases, can even hurt our future.

Providing dividends is not the purpose of a Native corporation.

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THE NATIVE ENTERPRISE: Business Backwards

November 27, 2013 by Morgan Howard

Every Alaska Native corporation (ANC) and many Tribal businesses started a company without having a business.

Businesses are usually created because a product or service provides value and attracts paying customers.   Behind the product/service is an extremely talented individual or group which brings the product/service into existence.  Regardless of available talent, Native enterprises first created a business then searched for a product or service.  This is business development in reverse.

I currently serve on two Native enterprise boards, one is an Alaska Native village corporation board and the other is a Tribal enterprise board.  There are major differences between the two business entities with the major one being land ownership.  The ANC has land and the Alaska Tribal business does not.  However, both entities seek to start and grow new businesses for the benefit of their tribal members and shareholders.  Many village ANCs and Tribal businesses attempt this with little to no capital.

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Alaska Natives defend culture with economic power

November 26, 2012 by Morgan Howard

 

The Mystery of Capital among the Indigenous Peoples of the Amazon from ILD on Vimeo.

A 2009 documentary entitled, “The Mystery of Capital among the Indigenous Peoples of the Amazon” includes Alaska Native Leaders Julie Kitka, the President of the Alaska Federation of Natives, Bobbie Quintavell, President and CEO of Arctic Slope Regional Corporation and Andy Teuber, the President of the Alaska Native Tribal Health Consortium.Continue Reading

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Morgan founded Morgan Howard Communications and NativeCo.com. He created the Cornelia Marie brand and merchandise line which was sold in 2012.

Morgan was born and raised in Alaska.  He has served as a Director for Yak-tat Kwaan, Inc. for 10 years and THTBC for 8 years.  He is currently serving as a director on the board of Sealaska.

Morgan has combined his Tlingit culture with a career in business and communications and now perform duties as a MODERN DAY STORYTELLER. His passion lies at the intersection of storytelling, technology and business.

Morgan Howard lives with his wife and three children in Seattle, Washington.

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Recent Posts

  • The Connected Power of Music
  • The power of Grandparents
  • Alaska Native Corporations: Dividends do not define Success
  • THE NATIVE ENTERPRISE: Business Backwards
  • Bridge collapse highlights crumbling infrastructure

Recent Comments

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