Author: Byron Johnson

NMSDC Programs Help MBEs Achieve Higher Objectives

NMSDC Programs Help MBEs Achieve Higher Objectives

Three programs instituted by the National Minority Supplier Development Council (www.nmsdc.org) are making it possible for owners and management of Minority Business Enterprises (MBEs) to aim for and succeed in growth opportunities. The newest program, Catapult, joins the Minority Business Executive Program (MBEP) and Advanced Management Education Program (AMEP) in providing initiatives for MBE executives.

 


FOR IMMEDIATE RELEASE
PRESS CONTACT: PHIL THURSTON

January 18, 2017
(212) 944-2430 x127
phil.thurston@nmsdc.org

National Minority Supplier Development Council Programs
Help Minority Business Enterprises Achieve Higher Objectives

Application Period is Open Now; Deadline Soon for CATAPULT

Three programs instituted by the National Minority Supplier Development Council (www.nmsdc.org) are making it possible for owners and management of Minority Business Enterprises (MBEs) to aim for and succeed in growth opportunities. The newest program, Catapult, joins the Minority Business Executive Program (MBEP) and Advanced Management Education Program (AMEP) in providing initiatives for MBE executives.

Catapult, an innovative business development initiative offered by Capital One’s Supplier Diversity team in conjunction with NMSDC, is designed to be an intensive seven-month transformational journey that will assist diverse business owners in developing solutions to a critical business challenge – whether it is solving a complex business problem or creating a new product or service – by leveraging learnings from the program. Limited to 10 companies that will be selected through a competitive application process (open now ­– applications due by 12 noon EST on January 27), Catapult offers instructional courses and culminates with a competition, centered on a 15-minute pitch, with the winner receiving a year of business coaching and a cash grant, among other considerations.

The Minority Business Executive Program (MBEP) is a one-week intensive executive education course for NMSDC-certified MBEs offered in partnership with the Foster School of Business at the University of Washington. The course features an interactive curriculum focused on finance and accounting; human resource management; leadership; marketing and brand strategy; relationship marketing and strategic thinking. In today’s business environment, success in these six functional areas will help position minority suppliers for increased procurement opportunities in the domestic and global supply chain. Applications for MBEP are due no later than August 14.

AMEP, the Advanced Management Education Program, is a custom executive education program created by NMSDC in partnership with the Kellogg School of Management at Northwestern University to provide certified, established, expansion-oriented MBEs with the skills and tools needed to achieve and sustain accelerated growth. NMSDC corporate members recommend high-potential MBEs with sales greater than $5 million in manufacturing and $3 million in service firms for participation in the four-day program. Through this interactive curriculum and team-based study MBEs learn growth strategies specifically to build capacity and sustainability for the future. Applications are due no later than June 3.

NMSDC is actively seeking participants for each of these programs! For more information, and to apply, please visit our website by clicking on the appropriate links, above.

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NMSDC Recognizes Minority Business Enterprises for Outstanding Achievement

NMSDC Recognizes Minority Business Enterprises for Outstanding Achievement

At its annual Conference and Business Opportunity Exchange, held this year in Chicago, October 23-26, the National Minority Supplier Development Council gave out honors to Minority Business Enterprise (MBE) Suppliers of the Year. Joset Wright-Lacy, NMSDC’s president, congratulated the honorees, saying, “We are pleased and proud to recognize these minority business enterprises for their business growth and development, operational success, support of other minority businesses and active participation in the community.” Awardees were grouped by Region (North, South, West and Central) and by Class – Class 1 for companies with annual sales of less than $1 million; Class 2, annual sales of $1 to $10 million; Class 3, $10 to $50 million in sales, annually; and Class 4, with annual sales greater than $50 million.

National Minority Supplier Development Council Honors Houston MSDC as Council of the Year

National Minority Supplier Development Council Honors Houston MSDC as Council of the Year

In accepting, Ms. Robinson said, “The Houston Minority Supplier Development Council is honored to receive this award. It is truly a cooperative effort between our Board of Directors, Corporate Members and MBEs. They continually help us deliver innovative and high quality programs designed to build capacity and increase business opportunities for our MBEs.”

NMSDC Recognizes Corporations For Commitment To Minority Supplier Diversity And Development

NMSDC Recognizes Corporations For Commitment To Minority Supplier Diversity And Development

The NMSDC Corporation of the Year Award acknowledges IBM’s world-class leadership in categories including: Policies (supplier diversity is a guiding principle within the corporation); Leadership and Engagement; Procurement (showing increases year-over-year); MBE Development (providing development and contracts to MBEs); International Programs (providing global opportunities for MBEs); and Influence (demonstrating leadership in supplier diversity to other corporations). To give just one example of its robust commitment to minority supplier development, in 2015 IBM spent more than $2 billion with NMSDC-Certified MBEs.

NMSDC ⎮ Joseph R. Hinrichs Named Chairman of NMSDC

NMSDC ⎮ Joseph R. Hinrichs Named Chairman of NMSDC

For Immediate Release
June 9, 2016
Press contact: Phil Thurston
(212) 944-2430 ext: 127

The National Minority Supplier Development Council (www.nmsdc.org) is pleased to announce that Joseph R. Hinrichs, executive vice president and president, The Americas, Ford Motor Company, has accepted the position of Chairman of NMSDC.

Mr. Hinrichs joined Ford in 2000, following positions at Ryan Enterprises Group and General Motors. At Ford, Mr. Hinrichs has served in roles including: president and CEO of Ford Motor Company of Canada, Limited; vice president, North America Manufacturing; group vice president, Global Manufacturing and Labor Affairs; and group vice president and president of Asia Pacific and Africa. Mr. Hinrichs was named the 2013 Fortune Magazine Reader’s Choice winner as Businessperson of the Year for the automotive industry, among other honors. He is a member of the Board of Trustees of the University of Dayton (Ohio), his alma mater, and currently is a campaign co-chair for the Michigan Education Excellence Foundation and a member of the Workforce Development Board for the city of Detroit. He has a master’s degree in business administration from the Harvard Business School. Mr. Hinrichs and his wife, Maria, have three children.

In 2015, NMSDC named Ford Motor Company “Corporation of the Year,” the most sought-after honor for major corporations dedicated to improving the overall participation of Asian, Black, Hispanic and Native American suppliers. In winning the award, Ford continues to demonstrate its commitment to increasing procurement opportunities corporate-wide for minority business enterprises (MBEs).

Said Joset Wright-Lacy, NMSDC president: “From a relationship beginning in 1978, to the recognitions received and investments made, to our current partnership, Ford has answered NMSDC’s call to action on numerous occasions. Our histories have intertwined from the very beginning of the movement to support minority communities by offering opportunities for entrepreneurs.”

“It’s an honor to serve the talented men and women of NMSDC,” Hinrichs said. “Working together, we can continue to grow and strengthen the network of suppliers who develop and deliver technologies, products, services and solutions to make life better for millions of consumers touched by a variety of industries.”

NMSDC advances business opportunities for certified minority business enterprises and connects them to corporate members. To meet the growing need for supplier diversity, NMSDC matches its more than 12,000 certified minority-owned businesses to our network of more than 1,750 corporate members who wish to purchase their products, services and solutions. NMSDC, a unique and specialized player in the field of minority business enterprise, is proud of its unwavering commitment to advance Asian, Black, Hispanic and Native American suppliers in a globalized corporate supply chain.

CSCMP⎮Corporations Receive National Awards

CSCMP⎮Corporations Receive National Awards

Citigroup, Bristol-Myers Squibb, and others receive national awards for minority supplier development

 

By Staff | June 8, 2016

The National Minority Supplier Development Council recently recognized both individuals and corporations for their leadership in supplier diversity.
Both individuals and businesses of all sizes were honored on May 18 at the 2016 National Minority Supplier Development Council Leadership Awards in New York. The awards, presented by the National Minority Supplier Development Council (NMSDC), recognize corporate executives, minority business owners, and NMSDC affiliates for their leadership in developing opportunities for minority business enterprises (MBE) in corporate supply chains.

This year’s honorees included:

Corporate Catalyst Award, for leadership while engaging internal and external peers in support of NMSDC’s mission—Shaleta Dunn, director of diverse talent and supplier programs for ManpowerGroup

MBE Catalyst Award, for an MBE owner who has been actively engaged in the NMSDC network for five to 10 years—Azra Khalfan, chief executive officer of Signs & Lucite Products

Corporate Trailblazer Award, for leadership in creating supplier diversity processes—I. Javette Hines, senior vice president, supplier diversity and sustainability for Citigroup Inc.

MBE Trailblazer Award, for the owner of an MBE who has helped other MBEs in the NMSDC network succeed—Bonnie Nijst, president and CEO of Zeesman Communications

The Corporate Clarion Award, for a corporate leader who promotes full support of and engagement in minority supplier development as a business imperative in global supply chains—George Ehrgott, senior manager, strategic sourcing, sustainability, and supplier diversity, Communications Test Design Inc.

MBE Clarion Award, for an inspirational minority business leader with an established record of success for more than 20 years—John W. Rogers, CEO of Ariel Investments LLC

Chief Procurement Officer (CPO) of the Year Award, for leadership that impacts the CPO’s corporation as well as the larger supplier diversity community—Farryn Melton, senior vice president and chief procurement officer, Bristol-Myers Squibb Co.

Robert M. Stuart Leadership Award, for advancing opportunities for MBEs in corporate America—Harriet R. Michel, NMSDC’s former president, who has worked for 50 years in the public sector developing and managing programs that address social concerns

The National Minority Supplier Development Council matches certified minority-owned businesses with more than 1,750 corporate members who wish to purchase their products, services, and solutions.

MBNUSA ⎮ Supplier Diversity’s Future

MBNUSA ⎮ Supplier Diversity’s Future

At the 2015 National Minority Supplier Development Council Conference, several chief procurement officers from leading corporations participated in a session titled “The Future of Minority Supplier Development” to share their views on developing supply chains that can be engines for economic growth.

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