Growing the Minority Business to Scale
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The nature of outsourcing has changed. With major corporations consolidating their supply bases, scale is important. But how will you do it? You could grow organically, adding customers and building up your capacity. You can create a strategic alliance. Or you might decide to merge with or buy another business. In Growing the Minority Business to Scale, you’ll assess these three essential options to determine which is right for you to grow your firm and take it to the next level of success.
During this five-day program, you will join a group of other successful minority business leaders in assessing your business strategy and exploring how your core competencies can be redirected to provide a growth trajectory. You’ll learn the foundations of innovation and how they apply to your company. And you will gain a better understanding of how to adjust your capital structure.
Achieve your business objectives in Growing the Minority Business to Scale.
Advancing Minority Business Capabilities
Advancing minority business capabilities begins with establishing a strong foundation and explores opportunities for achieving your growth potential. In Growing the Minority Business to Scale, you’ll examine three strategies to grow a company—organic growth, mergers and acquisitions, and strategic alliances—and determine which is best for your firm. This program includes the following topics:
- Your Business Plan … you’ll refine it to focus on growth
- Financing the Growth … examine options for re-capitalizing your business
- Marketing and Operations … align them for market success
- Negotiation … explore business deals, strategic alliances, and acquisitions
- Leadership … enhance your influence in a growing business
- Innovation … capitalize on new ideas
Who should attend
Business owners and executives of minority-owned companies who have 5 to 10 years of senior management experience, who have attended one of Tuck’s core minority executive programs (or gained equivalent educational experience), and whose minority businesses are poised for growth.
If you are interested in honing your skills on the fundamentals of business—marketing, operations, and finance—consider first attending Building a High-Performing Minority Business