New day for black community and black business

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Black business leadership in community

Transcript of New day for black community and black business

Page 1: New day for black community and black business

The HsG’s MBE Strategy

A Strategy Offering to develop a Program of Business

Performance Excellence

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The HsG’s MBE’s Strategy (small & medium enterprises)

Use of Criteria developed for Baldrige/Alabama Quality Award as Consultant tool:AssessmentsAdministrationFocuses on Performance Excellence and

Competitiveness

Use of Balanced Scorecard Templates to drive:Community and Business PlanningMetrics and Measurements to Manage Programs

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Why?

Uses Malcomb Balridge Quality award as a consultant tool not just education, assessment and recognition

Considers what an organization must address to create and sustain success

Supports states efforts for Global Competitiveness

Assures RESULTS are not accidentalSupports Ability for business to repay any debt

as well as provide key indicators of same Ability to perform in an Excellent “World Class” manner

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Performance Excellence Driven

Use Business Performance Excellence to define critical success factors versus current marketplace support:LeadershipStrategic PlanningCustomer Market FocusResultsMore**

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Common Criteria

Speak Common Language--Increase ability to communicate

Resource Supported--Enhances learningPredictor--Provides key influences on how

a business operates and its key challenges so something can be done, if possible

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Characteristics of Performance Excellence

Focuses on Customer & Key StakeholdersIs Proactive not ReactiveAligns Strategies, Goals, Objectives,

Processes and Actions with Vision & Mission

Develops Management by FactPromotes a life-long Learning and

Improvement environment

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Mechanism to Develop

Uses Criteria of Malcomb Balridge Quality Award to provide framework to develop and execute business development and growth

Development of DC Plan that begins with Communities and their respective businesses

Create tools to support use of Malcomb Balridge Quality Award criteria and methodologies to support businesses and overall management

Continually review and update program as does Malcomb Balridge Quality Award Program

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Benefits to MBDA

Provides identifiable support to Black Community and Businesses therein

Uses Economic Values not Social valuesProgram , unlike many others, can be

measured and monitored as well as changed to ensure growth and stability

Creates Wealth, Creates, Jobs and Tax Revenues

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Participants

Local Community Leaders and Business persons

Local elected OfficialsLocal News OrganizationsLocal Financial InstitutionsLocal Community Development

OrganizationsOther community/religious and social &

fraternal groups

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Supports recapture of Resources

Provides Measurement Tools to provide advance warning of problems and successes

Enable businesses to utilize the Quality tenants of Malcomb Balridge Quality Award which supports Excellence.

Provides competitive advantage to DC through the development and use of EXCELLENT MBE’s which can support Industry in a clear advantageous manner

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Dispels Negativity

About the operation excellence of DC MBE’s involved in federal contracting

Served as predictor of repayment of any debts or investments required

That any effort to support Black community and their Businesses will result in a “Write-Off” and blemish

Redefines the usage of Malcomb Balridge Quality Award criteria as a marketplace tool

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What Next?

Determine what activities HsG should be involved in.

Defining HsG operational perspectives and measurements

Marketing of agreement between UNFT & HsG

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Hudson Strategic Group, Inc

PO Box 42984

Atlanta, GA 30311

404-696-8222

Joseph R. Hudson, Founder & Chairman

Henry Whitlow, President & CEO