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 Holiday Business Card Exchange CT. Hosted by Aetna, Inc. Thursday, December 1, 2011, 6:30 pm - 8:30 pm Location: Aetna Inc, 151 Farmington Avenue Hartford, CT 06156 Registration is required. RSVP by emailing jclarke@gnemsdc.org Deadline to register is November 27, 2011. **When you email us for this event please let us know if you have any special dietary needs.
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
GNEMSDC Holiday Business Card Exchange MA Tuesday, December 13, 2011, 6:00 pm - 8:00 pm Location: Copley Place Sky Lobby (Dartmouth Street Shops) 100 Huntington Avenue Boston, MA 02116 RSVP by emailing jclarke@gnemsdc.org |
Johnson Controls Supplier Diversity & Business Development program |  Invitation to NMSDC or WBENC certified diversity suppliers in the following scopes of work to attend an outreach discussion on Johnson Controls SupplierDiversity & Business Development program. This event will take place in Boston, MA. Please contact Dr. Fred (fmckinney@gnemsdc.org) for more details if any of the products and services listed below are things your certified MBE supplies.
- HVAC Controls Installer
- Security System Installer
- Fire System Installer
- Fire & security parts supplier (other than conduit, cable ) Cameras enunciators
- Parts Supplier (wire, cable, conduit, back boxes, etc.)
- Data cable installer
- Audio/Visual
- Engineering Services
- Mechanical
- Electrical (Building Controls - Non Residential)
- Plumbing
- Windows (Installers, Distributors)
- Architect and Engineering Consultants
- Roofing (Commercial - Non Residential)
- Solar Panels (Installers, Distributors)
- Piping and sheet metal contractors in markets where we do not self perform (We have sheet metal/fab shops in the Bay Area, Phoenix, Kansas City, Milwaukee)
- Insulation (Installers, Distributors)
- Demolition
- Crane/rigging
- Commodity (filters, belts & accessories)
- Pest Control
- Waste Management
- Elevator Maintenance
- Pharma Lab Services
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MBE Showcase from Trade Expo 2011 - Advans |  This week we feature Advans. Advans was founded with the notion of becoming a superlative Information Technology Consulting and Solution Provider firm. Additionally, Advans is developing hosted applications with a cloud computing architecture to provide cost-effective point solutions for charitable organizations, healthcare and other industries.
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: - 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: |
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Opportunities with Corporate Members | |
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. |
And Finally II & Essays on Minority Business Development |  The Book is Now Available in Paperback!
Click here to Order Book Today! 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 Book Table of Content |
Boston MBDA Business Center News |  | | Dr. Fred, MA.Gov Patrick, MBDA National Director David Hinson |
On Tuesday, November 15, 2011 the Honorable Governor Deval Patrick from the Commonwealth of Massachusetts and David A. Hinson, National Director of the Minority Business Development Agency (MBDA) joined legislators, dignitaries, and business owners in celebrating the opening of the new MBDA Business Center in Boston, Massachusetts.
The new center received a five-year $1,375,000 federal grant from MBDA to operate in the Boston area to assist minority businesses to successfully compete globally and domestically, and to gain access to contracts, capital and markets. The center will be operated by the Greater New England Minority Supplier Development Council (GNEMSDC). MBDA Minority Business Development Centers guide businesses into the right arrangement based on the company's direction, core competencies, and opportunities based on industry.
These centers offer help with: - Simple Contracts
- Open-ended Contracts
- Joint Contracts
- Mentor-Protégé Relationships
- Supplier Development Relationships
- Strategic Partnerships
- Joint Ventures
- Acquisitions
US Commerce.Gov, Article - Boston MBDA Business Center Opens to Assist Minority Businesses Boston MBDA GNEMSDC Business Center Grand Opening pictures by Tom Ficklin |
MBE Input Committee Chairperson Elections | | by Carlton Oneal |  To all MBEs, it is once again time to nominate and elect the MBE Input Committee Chairperson. The election process will begin next Monday, November 28 and will conclude on December 15. As part of the election process, each nominee will present his or her platform during the GNEMSDC 4th Quarterly Meeting on December 7 at Citizens Bank in Providence RI. By next Monday, November 28, we (the MBEIC) will send out nomination forms.
- Any Certified MBE can nominate him or herself;
- Any Certified MBE can nominate another MBE from other GNEMSDC certified MBEs;
- Each Candidate must submit his or her platform in writing;
- Voting ballots will be created and made available;
- Election will be completed at 5:00 PM on December 15, 2011.
Who can run? - Any GNEMSDC certified MBE
- A reciprocally certified MBE from another Council
- MBE must have two years as an "active" member of the Minority Business Enterprise Input Committee
- Nominee must be an owner or principle of the certified MBE to which he/she belongs
Who can vote? - Any certified MBE in good standing with the GNEMSDC, One vote per certified firm;
- The election process is open to all certified GNEMSDC local and reciprocally certified MBEs
For more information or questions regarding the process, contact Carlton Oneal at carltononeal@lightspeededu.com. |
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And Finally... | 
Three times in the last week I have been asked for statistical studies showing the positive impact supplier diversity has on measures of corporate performance. As a former B-school professor who taught statistical analysis, and now as a supplier diversity professional, unfortunately I had to respond all three times that the definitive study has not been done. What has been done are a number of case studies that in no way would pass scientific muster. You see the problem starts with data, or more specifically the lack of data. A definitive study would identify a hypothetical model with a dependent variable, perhaps a measure of corporate performance, perhaps profitability. The next task would be identify a series of explanatory variables that would include a company's investment (expenditure) on supplier diversity, the number of diverse suppliers, along with tradition variables that are thought to influence profitability, variables like quality of management, quality of technology, market share, quality of labor, and perhaps some other variables. This multi-variable analysis would with the use of regression analysis attempt to isolate the independent impact each of the explanatory variables has on the dependent variable, profitability. In regression analysis, we are often concerned about the three S's, the sign of the coefficients, the size of the coefficients and the statistical significance of the coefficients. In this case, we would hope to find that supplier diversity had a positive, large and statistically significant impact on corporate performance. Only a study that took this multi-variable approach would have any authority to say that supplier diversity has any statistically significant impact on corporate performance. Case studies unfortunately are all that we have and these approaches at best can only suggest correlation between supplier diversity and corporate performance. And even under the best of circumstances, correlation is nothing more than establishing that a relationship exists between two variables. Correlation is not causation, and even worse without a multi-variable approach you cannot determine if the impact of the two variables is spurious, or in which direction the causation flows. That is enough statistics mumbo jumbo. However, based on this brief note, the good news is that such a study could be done, but it would require much better information about our corporate members than I have ever seen. Perhaps this is an item that could be taken up by corporate members of the NMSDC. So all we have to rely on now is the statistically unsupported view that supplier diversity can lead to better corporate performance. I hope I am right in that hypothesis. I think we all hope we are right with this hypothesis. But only a good study will ever allow us to reject or not reject that hypothesis.
In your service, Dr. Fred  |
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