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.
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| GNEMSDC Second Quarterly Meeting May 11, 2011 Raytheon -REGISTRATION CLOSED! | | 
The GNEMSDC Second Quarterly Meeting will take place at the Raytheon on Wednesday, May 11 from 1:30 p.m. to 4:30 p.m. The corporate host for this event is Raytheon. The event will take place at 1001 Boston Post Road East in Marlborough, MA. This Quarterly meeting will be different from previous Quarterly meetings because Raytheon will allow 20 MBEs to set up table top displays - a mini Trade Show at the facility for Raytheon buyers, engineers and Quarterly meeting attendees to visit that afternoon. Also Raytheon will have business unit buyers on hand to meet directly with MBEs. If you are interested in "exhibiting" at the Quarterly, please let us know. We encourage all MBEs interested in attending to visit the Raytheon website to get a better understanding of what Raytheon buys and sells. If you have not registered for this event, please do not plan on attending. Registration is now closed. We will not be able to let you into the meeting if you have not already registered. If you have registered please make every effort to attend. Once you arrive at the facility, you might want to leave any cell phones with cameras in your vehicle. Cameras are not allowed in the facility. If you have any questions call the office, 888-874-7114 or email Jerilynn Clarke atjclarke@gnemsdc.org. |
| 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. Most of these activities our corporate members, MBEs and Council staff will be participating. We will have more information for those events that do not currently have live links, but please mark your calendars. Events and Activities - NMSDC Leadership Awards Dinner-Dance, May 18, 2011
- Greater New England MSDC & Hispanic-American Chamber of Commerce "Networking Reception" , May 24, 2011 - 5:30 - 8 p.m. at Boston Office
- Behind the Census Numbers - May 26, The Boston Globe 7:30 a.m to 11 a.m.
- Summit- Doing Business with Pitney Bowes , June 13, 2011 - 9 a.m.-2 p.m.
- Mini Expo- Connecticut Hospital Association, June 23, 2011 - Aqua Turf Club
- NMSDC Quarterly Meeting, Westin Copley Boston, July 18-21. (This meeting is for Regional MSDC Presidents, Regional Council Corporate Chairpersons, Regional MBEIC Chairpersons and NMSDC executive leadership. MBEs and corporate members who are not a part of the NMSDC leadership are welcome to register for luncheons and networking/cruise dinner on Boston Harbor, July 20. There are also advertising and sponsorship opportunities, call the office for details.)
Information If you have events and activities that you want to share with our network send us a PDF file at least two weeks before the event. We reserve the right to publish or not publish events and activities. |
| Golf Alert! GNEMSDC Supplier Golf Classic - July 15 - SOLD OUT!!!! | | 
The GNEMSDC Supplier Diversity Golf Classic is coming to Lyman Orchards Golf Club on Friday, July 15. The event is SOLD OUT! We are asking for sponsors to provide us with the names of their guests by June 15. Due to the limited space, we will not be able to hold your slots if you do not send your names to the office by June 15. One of the main attractions of this event is getting MBEs and Corporate members together. If you are interested in a fun afternoon of golf, networking, food, drinks and relationship building and are not registered, we can put your name on a waiting list. If you would like to donate any items for our very popular raffle, please contact the office (888-874-7114). We are also looking for volunteers. Volunteering is a great way to meet hundreds of guests. We are SOLD OUT Again! 2011 Supplier Golf Classic Co-Chairs: Larry Wooten and Jere Eaton Contact Volunteer Coordinator 2011 GNEMSDC Supplier Golf Classic |
| Opportunities with Corporate Members | | While we are not in the HR business, we are aware of opportunities with several corporate members for positions of employment. If you call the office we would be happy to share that information with you. If you are a corporate member, and want the Council to spread the word about your opportunity we would be happy to do that for you anonymously and for free! |
| Certification Notification - Shredding Documents and Information Security |
| | We are very fortunate to have a young intern, Brandon Cooper, working for us in the Hamden office and a brand new shredder donated by Gil Kirby of NISCO (a certified MBE). The intern and the shredder are doing some serious damage. We are now shredding all MBE files whose certification has expired and not renewed within the given time frame. What does this mean to you? It means, keep your certification active by re-certifying within the time allotted, otherwise, you will have to start all over with a new application and pay the full New Certification fee. If you do not keep your certification current. Brandon is waiting for you! |
| Last Chance for GNEMSDC Scholarship(s) Kellogg |
| | This is your last chance to apply for a GNEMSDC Scholarship to attend the NMSDC/Kellogg School of Business Advanced Management Education Program. This unique program developed in collaboration with the NMSDC is designed to help MBE entrepreneurs significantly grow their businesses. Some of the top business professors in the country are involved in this program that is celebrating its 15th year. The program starts on June 5 and ends June 9 and takes place on the Kellogg School of Business campus just north of Chicago. If you are interested in attending the program and a scholarship from the GNEMSDC, contact the office this week. Going to Kellogg might just change your business. |
| And Finally II & Essays on Minority Business Development |  Discover the keys to minority business development, learn about author, read author's blog, and more... Order this great eBook at www.drfredmckinney.com Why you should buy? Minority business owners who are looking for practical advice on better managing their enterprises will find a wealth of information in the book. And anyone interested in the best practices in supplier diversity will find the book instructive and inspiring. ***All of the proceeds for the book will be donated to the GNEMSDC. So this is a great way to have your own personal record of this historic time and support the Council. And since all proceeds are going directly to the GNEMSDC your purchase is tax deductible. Our plan is to only sell the book on line. You can read it on all I-Pads, other tables, cell phones and computers. Your purchase supports the work of the Council. Thank you for your support. View eBook Table of Content |
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| And Finally... |  All of our certified MBEs are privately held, often closely held companies. As such, they unlike public corporations are not required to share financial information with the public. This privacy has its advantages and disadvantages. Privacy itself is an advantage. But one disadvantage of privacy is the lack of transparency and what that means for judging the quality of management. I am not suggesting that MBEs put their financial information on their websites, but the practice, discipline and expense of having audited financials creates the pressure on MBEs to manage their resources effectively and efficiently. Effective management benefits shareholders and positions the firm for growth and development even when those shareholders may be a small group of owner/managers. Public scrutiny of private companies is not the answer, but assessment of managerial effectiveness is important in both public and private companies. As a 501-C 3 not-for-profit corporation our financial records are open to be viewed by anyone on demand. This is a fantastic part of the law that creates transparency while allowing organizations to provide charitable services. As the chief executive of this non-profit, I view my role as a steward of the resources entrusted to the Council for the benefit of our mission of building stronger minority businesses and therefore stronger communities in both minority and non-minority communities. I encourage you to take a look at the 2010 audited financials of the GNEMSDC for 2010. I will also let you in on a little secret, that you have the right to ask any 501 C-3 for their financials and you can also find those financials at guidestar.org. While financial success is not the goal of a not-for-profit, being able to sustain the operation speaks to the quality of the organization, its board of directors, stakeholders, supporters and management. I want to thank all of our supporters for making 2010 the best financial year in the 36 year history of the organization. The stronger we are the better able we are to accomplish our mission. But none of this happens without you. Thank you. In your service,
Dr. Fred
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