November 14, 2011

The mission of the Greater New England Minority Supplier Development Council is to significantly increase business relationships between our corporate members and our certified MBEs. We believe that minority business development is a key component of reducing poverty, unemployment, increasing wealth, and integrating American society. You are receiving this email in order to keep you abreast of developments with the Greater New England Minority Supplier Development Council, Supplier Diversity Issues and Minority Business Development. If you like what you read please share internally and externally.
GNEMSDC Quarterly Meeting & Business Card Exchange

GNEMSDC Quarterly Meeting & Holiday Business Card Exchange will be hosted by Citizens Financial Group Inc.


Wednesday, December 7, 2011, Quarterly Meeting: - 1:30 pm - 4:30 pm
Holiday Business Card Exchange: 5:00 pm - 7:00 pm

Location: Citizens Financial Group, Inc. 1 Citizens Plaza (13th Floor) Providence, RI 02093

citizensAbout Citizens Financial Group, Inc.:

Citizens Financial Group, Inc. is a $132 billion commercial bank holding company. It is headquartered in Providence, R.I., and, through its subsidiaries, has more than 1,500 branches, approximately 3,900 ATMs and more than 20,900colleagues. Its two bank subsidiaries are RBS Citizens, N.A. and Citizens Bank of Pennsylvania. They operate a 12-state branch network under the Citizens Bank brand in Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont, and the Charter One brand in Illinois, Michigan and Ohio. CFG has non-branch retail and commercial offices in about 40 states. CFG is owned by RBS (The Royal Bank of Scotland Group plc).

GNEMSDC Welcomes New Corporate Member - Millennium: The Takeda Oncology Company

.millennium On behalf of GNEMSDC Board of Directors, I welcome Millennnium The Takeda Oncology Company as a new corporate member.


" Millennium: The Takeda Oncology Company combines the innovative science of a leading American biopharmaceutical company with the global assets - both intellectual and fiscal - of Japan's largest pharmaceutical company.


Our mission is to deliver extraordinary medicines to patients with cancer worldwide through our science, innovation, and passion.


We are focused exclusively in oncology to improve the treatment of cancer around the world. Our pipeline has more than 15 oncology investigational compounds that target a broad range of cancers."

Toyota Honored By National Minority Supplier Development Council For Its Commitment With Diverse Suppliers

toyotaOn behalf of the GNEMSDC board, I congratulate Toyota recognized as the 2011 Corporation of the Year for its $1 billion investment, development and advocacy in minority businesses across the United States.


Toyota is committed to having a supplier base, which more closely reflects the diversity of our customers and the diversity of our team members who build Toyota vehicles in North America. Having a diverse supplier base enables us to contribute to the economic well-being of all segments of the U.S. population. Also, we recognize that partnering with suppliers who provide a diversity of ideas - in addition to delivering manufacturing support, goods and services - creates a significant competitive advantage for Toyota.

See NMSDC press release

MBE Showcase from Trade Expo 2011 - Yumi Eco Solutions

yumiThis week we feature Yumi Eco Solutions. Yumi Eco Solutions is one of our newest certified MBEs. Yumi Eco Solutions presented at the GNEMSDC Expo in October. This environmentally friendly producer of green products is poised to serve the growing needs of corporations throughout the region. Please take a look at their presentation.

View Presentation

NMSDC/GNEMSDC Upcoming Events, Activities and Information

Please take a close look at the events listed below. The links will take you to detailed information about the events. We will have more information for those events that do not currently have live links, but please mark your calendars and call the office.


Events and Activities:

  • November 15, 5:00 pm - 7:30 pm - GNEMSDC and Boston MBDA Business Center Reception at Copley Plaza Center Court. Come and join national, state and local business and political leaders in this celebration of the opening of the Boston MBDA Business Center.
  • November 16, 5:30 pm - Metropolitan District (MDC) Invites Hispanic Small Business to Event Discussing Contracting Opportunities. Free Seminar at Cora-Cora Restaurant
  • November 16, 4-6 pm - Short Term Lending Program East West Bank, 68 Harrison Avenue 1st Floor, Boston, MA Come and learn about this funding source specifically designed for DBEs in the Department of Transportation program. The Flyer attached provides more information on the program. US DOT ProductsÂ
  • December 1, 6:00 pm - 7:30 pm - GNEMSDC Holiday Card Exchange - CT Location to be determined
  • December 7, 1:00 pm - 4:30 pm - GNEMSDC Quarterly Meeting at Citizens Bank, Providence RI (see article above)
  • December 7, 5:00 pm - 7:00 pm - GNEMSDC Holiday Card Exchange - RI at Citizens Bank following GNEMSDC Quarterly Meeting (see article above).
  • December 13, 6:00 pm - 7:30 pm - GNEMSDC Holiday Card Exchange - Boston, Sky Lobby, Copley Plaza, Boston
  • December 14, 5:45 - 2011 We Are Boston Gala at the Boston Convention & Exhibition Center, 415 Summer Street, Boston

Information and Presentations:

Job Openings at GNEMSDC

The GNEMSDC is looking for a procurement professional with supplier diversity and entrepreneurship experience for the Boston office to be a part of our exciting new MBDA Business Center. This is a full time position. Interested parties should send their resumes to Joanne Wang at


The GNEMSDC is also looking for an administrative assistant for the Boston office. Interested parties should send their resumes to akim@gnemsdc.org


The GNEMSDC is also looking for a person to serve as an administrative assistant in our Hamden office. Interested parties should send resumes to Gloria Yopp at gyopp@gnemsdc.org.

Boston MBDA Business Center Grand Opening!

MBDA

The GNEMSDC is proud to announce the Grand Opening of the MBDA Business Center - Boston on Tuesday, November 15 from 3:00 to 4:30 PM at the GNEMSDC offices in Copley Plaza. Invited guests include MBDA National Director David Hinson, Regional Director Heyward Davenport. The U.S. Department of Commerce will also be inviting Governor Deval Patrick, Senators Scott Brown and John Kerry and Congressman Michael Capuano.

Please see invitation


The Grand Opening is now completely SOLD OUT, but everyone is welcome to join us for a reception in Copley Plaza immediately following the Grand Opening.


Please RSVP by contacting Joanne Wang at jwang@gnembc.org. There will be a reception to follow the Grand Opening.

And Finally...

Fred in ohio

Walt Disney has a movie out now that is one of the best movies I have seen in years and there is not one person, or one animated computerized creation, or one cartoon in it. The movie is African Cats. African Cats is the fascinating stories of a cheetah family and a lion pride and their struggle for survival in East Africa on the Serengeti Plain. Cheetahs are solitary creatures until a mother cheetah gives birth. Lions on the other hand are complex social creatures with a hierarchy and a solid gender based division of labor - the lioness work and the lions eat what the lionesses catch! Life even for lionesses is not fair. But this is the subject of another story. I doubt that the creators of this movie were trying to relate this story to how to succeed in business, but I could not help to see the connection. Companies often use hunting as the metaphor for sales. Your prospects are targets. It is a jungle out there. Sales people, eat what they kill. Whatever the analogy, business like life on the Serengeti is a brutal game of survival. Lionesses and cheetahs are very interesting hunters. Lionesses hunt as a team and cheetahs hunt alone. But there is a striking similarity between the two cats. They both focus intensely on a single target. In the Serengeti, there are wildebeest, antelopes and other potential prey for lions and cheetahs. When the wildebeest make their annual trek across lion country, there are hundreds of thousands of them. Yet with so many to choose from, the lions and the cheetah pick one that will hopefully become their source of survival. The cat chases that target until it either captures it or it escapes to live another day. This is a dangerours game for both the hunter and the hunted. The wildebeest is not without it's own strategy of survival that includes injuring or killing the predator. The business lesson from the African Cats can be summed up in three questions:

  1. What are you are you focused on?
  2. How committed are you to accomplishing your goals?
  3. What are your strategies for success?

If you do not think through these important questions, it is likely that your business, no matter how big today will become someone else's meal tomorrow.


In your service,

Dr. Fred