morenews
Tuck-WBENC Executive Education Program

[ November 2011 ]

 

 
November 2011
President's Message
Small Business Saturday
Corporate Best Practices in Supplier Diversity
Know Your Customer and Their Point of View
The Impact of an Executive Scholarship
Summit & Salute
Registration Now Open!
Top Hispanic Business Enterprises
Top Facebook Apps for Marketing Small Business
Welcome New Corporate Members
WBENCLink Training
Calendar of Events
  


TOP FACEBOOK APPS FOR MARKETING SMALL BUSINESS

According to SmallBusiness Computing.com and the MSNBC television show, Your Business, here are some of the Top Facebook Apps for marketing Small Business:

Poll – Creates questions and posts them on your Facebook Wall. The Poll app will track results for you including the respondent's User ID, name and gender. Use this app to ask for feedback, conduct marketing research, or just to have fun.

IFrame Apps – Lets you add custom tabs to your Facebook page. Specify the URL of your current website so that your home page will be displayed when visitors click on this new tab on your Facebook page.

Extended Info – Creates additional information tabs allowing you to make custom fields and display custom content. You can add video, images, and music to the pages.

Work For Us – Lets you post job openings and receive applications through your Facebook page. Take advantage of the reach of the social network to create awareness about the job opening.

Social eCart – Sell products directly on your Facebook page using Social eCart. Create a new online store or link directly to your existing online shop. Visitors can "Like" your products, recommend them to friends, and make comments.

For a more detailed list, click here. Remember to "Like" WBENC when you visit Facebook.com/wbenc.


WBENCLink TRAINING

Click here for WBENCLink Training for Corporate Members.

Click here for WBENCLink Training for WBEs.

President's Message from
Pamela Prince-Eason

Call to Action:  Support Small Business Saturday!


This November is a month for giving thanks – first to the women and men in the military especially in recognition of Veterans Day and beyond. Next, to our family, friends and supporters, many blessings as we celebrate the Thanksgiving holiday.

We also salute our troops. Among our own WBENC-Certified Women Business Enterprises (WBEs), we have many award-winning veterans in our midst. Leaders such as Julia Hubbel, who served in the U.S. Army including as Chief of Military Protocol for the Jimmy Carter Inaugural before becoming a Supplier Diversity Professional with The Hubbel Group Inc.; Donna Caldwell, an Air Force veteran who now leads DKC Enterprises LLC, a global building and facilities management company; or Navy veteran Stacey Fisher who became a cum laude college graduate on the G.I. Bill and now is heading up a home inspection company.

Each credits her military training with the focus, determination and confidence that have contributed to her success as a business owner.

Enabling female veterans' success is also part of our work at WBENC. We have collaborated with outstanding organizations for veteran business owners that, like us, provide crucial access to corporate and government contacts, business skills and networking.

Particularly now with our ability to certify women-owned small businesses (WOSBs) for Federal contracting, we have synergies with veterans business organizations such as the Veterans and Military Business Owners Association (VAMBOA) and the National Veteran-Owned Business Association (NaVOBA) which also publishes WBENC media partner Vetrepreneur.

VAMBOA provides networking, mentoring, education, certification and advocacy of Veteran Business Owners, Service Disabled Veteran Owned Businesses (SDVOB) and Military Business Owners of all sizes worldwide. Founded by Debbie Gregory, daughter of a World War II disabled veteran who started volunteering early in the Veterans Administration hospital where her father healed, VAMBOA has in a short period of time grown to 4,000 members and 42,000 followers on Twitter.

VAMBOA and WBENC co-hosted a conference in April 2011 at Amgen, which gave me the opportunity to personally work with members of their staff. This successful conference featured Money magazine's Jordan Goodman and corporate participants such as Amgen, Johnson Controls, Toyota, and AT&T.

NaVOBA's mission is to create opportunities for all of America's veteran-owned businesses. More than three million men and women who have defended our nation's freedoms by serving in America's armed forces have made the choice to start their own small businesses after completing military service. NaVOBA calls them "vetrepreneurs" and its Vetrepreneur magazine is dedicated exclusively to covering the veteran-owned business movement. NaVOBA joined WBENC as a media partner at WBENC's 2011 National Conference & Business Fair in Las Vegas.

So many of our Corporate Members conduct community outreach benefiting veterans, give their resources to veterans service organizations and support their own veteran employees through networks. We are proud to be associated with this fine caliber of corporation.

Later this month, during the Thanksgiving holiday weekend, WBENC and many of our Corporate Members, Regional Partner Organizations, partners and friends are supporting the second annual Small Business Saturday – a national program created by American Express and supported by our partner Women Impacting Public Policy (WIPP) to drive business to local, independently owned small businesses on Saturday, November 26 – a day we hope will gain the national visibility on the level of Black Friday and Cyber Monday. Go to Facebook to find out more on how you can participate by promoting your own or another business, recommending merchants to participate, or deciding where to shop. Visit Facebook.com/smallbusinesssaturday.

On a strategic level, WBENC's Roadmap to 2020 calls for support of our WBENC-Certified WBEs by enhancing their sophistication, capabilities and revenues so that they too can fuel economic growth and contribute to the addition of six million new jobs by 2020.

Aside from being the right thing to do to support our WBEs, there's also a business case for making an immediate and positive impact on the small business sector of our economy. Over the past 15 years, small businesses have generated 64 percent of net new jobs and employ just over half of all private sector employees. Additionally, the impact of "shopping small" can profoundly benefit local communities: for every $100 spent at a locally owned small business, $68 returns to the community through taxes, payroll and other expenditures.

Finally, I would like to give my own personal thanks to the WBENC family – our Corporate Members, Government agencies, Regional Partner Organizations, over 11,000 WBEs and our fabulous WBENC staff. Your friendship and commitment make my job rewarding.

Pamela Prince-Eason
President and CEO




Small Business Saturday Call to Action:  Buy Small!



First, there was Black Friday – then there was Cyber Monday. Now we have Small Business Saturday® designed to drive millions of dollars to small business merchants on Saturday, November 26, of the Thanksgiving holiday weekend.

Small Business Saturday can give a big boost to small businesses and our economy. It combines the grassroots rallying power of social media with innovative incentives from founding sponsor American Express and the support of hundreds of companies, universities, and organizations such as WBENC and its Regional Partner Organizations.

"WBENC is proud to support Small Business Saturday, which will make an immediate and positive impact on the small business sector of our economy. Small businesses are key to expanding economic growth," said Pamela Prince-Eason, President and CEO of WBENC.

WBENC's Call to Action: Support Small Business Saturday!

As a consumer, you can buy from the small business merchants in your area. Go to Facebook.com/smallbusinesssaturday and hit the "Get Involved" button. Search for small businesses in your zip code, and click the button giving you a $25 one-time statement credit towards a purchase at a small business on November 26th.

As a small business merchant, you can easily participate … thanks to the online tools and strategies provided by Small Business Saturday for promoting your business and maximizing the opportunity of this national phenomenon. Visit Facebook.com/smallbusinesssaturday to download online promotional materials that will help drive sales to your business on Small Business Saturday. These include:
 
  • Free in-store signage.
  • e-Marketing materials.
  • $100 worth of free Facebook ads geo-targeted to your area courtesy of American Express, while they last. The ads run during the last three weeks leading up to Small Business Saturday®.
  • Ideas for compelling offers to bring customers in your door.
Small Business Saturday also encourages businesses to leverage social media to get the word out about their participation, such as:
  • Building fan base by starting a Facebook Business Page.
  • Sharing a business story on YouTube using My Business Story from Google and American Express.
  • Turning customers into followers on Twitter.
  • Finding out what people are saying about your business with YourBuzz.com.

American Express, the founding sponsor of Small Business Saturday, created the national program in 2010 to help drive more demand for small business products and services. The second event will build on last year's inaugural program that drove millions of dollars to main street merchants.

Be a part of WBENC's call to action inviting you to support participating WBENC-Certified WBEs and other small businesses by using your purchasing power to make a positive impact on economic growth. "Shop Small" on November 26.
 

Best Practices in Supplier Diversity: A Look to the Leaders

Now that applications have been filed for WBENC's 2011 America's Top Corporations for Women's Business Enterprises, it's a good time to recognize the daily work and leadership shown by our Corporate Members in advancing excellence in supplier diversity over the 12 years of this award's history.

To date, three extraordinary companies – AT&T, Energy Future Holdings, and UPS – or their predecessor companies, have been named to this list every year since its inception.

"From the beginning, these leaders have had the vision and the discipline to make supplier diversity a priority in their companies," said WBENC President and CEO Pamela Prince-Eason. "It is this type of commitment, along with the excellent implementation of their best practices that have made them world-class."

America's Top Corporations for Women's Business Enterprises is WBENC's national award honoring corporations for world-class programs that create level playing fields for Women's Business Enterprises (WBEs) to compete for corporate contracts. The Selection Committee – whose members are anonymous – now begins its rigorous work of reviewing applications for the list that will be announced next year. Only those companies that meet the high standards WBENC has developed over the years make the list, and the number varies from year-to-year.

What are some of the best practices that the "Top Corps Award" looks for in an application?

Commitment from the Top. A successful supplier diversity program starts from the top with active CEO involvement driving a clear policy statement supporting the principles of doing business with WBENC-Certified WBEs. Top Corporations then will drive this support throughout the organization, often with cross-functional leadership teams or advisory councils.

Accountability Across the Organization. A supplier diversity program has teeth when its goals are linked to the performance and compensation of key stakeholders – from buyers, to senior purchasing managers, to cross functional managers, and again up to the top of the house. Keeping track of WBE spend on a monthly basis – and making it available to those participants - is also key to a program's transparency and success.

Delivering Results. At the end of the day, our Top Corps winners "show us the money" by increasing their spending with WBEs from year to year. They also perpetuate the benefits of supplier diversity by requiring their prime suppliers to adhere to their own supplier diversity goals. This is good news to many WBEs that can get their foot in the door as Tier Two suppliers.

The above examples are only part of the stringent criteria that are met by America's Top Corporations for WBEs. Be sure to tune in for future issues of the President's Report, which will share additional best practices of America's Top Corporations for WBEs, as well as specific examples of how these corporations demonstrate their commitment to certified Women Business Enterprises.
 
Certification Corner

Know Your Customer and Their Point of View

Your customer has a need or a problem to solve. Your task is to assist them by providing a short list of great options that can be delivered in an adequate timeframe, at competitive pricing without sacrificing quality or safety.

 
Before you can achieve any of this, you must first know your customer. What business are they in? What are their corporate goals? What are they purchasing? What are the contract cycles? What is important to them - safety or service? You can obtain this information as simply as researching their website and reading their annual report.

Once you have conducted your homework and are speaking to them, use words or jargon that is specific to their corporate culture; think about how your responses truly convey the description of the solution you have to offer. See them as your partner by walking them through the delivery process of your solution, show them how nimble you can be and how you have a customized approach to actually solving their problem.

It is imperative to think outside yourself and step into your customer's shoes so you can realize their need, educate them on how you provide the best solution, demonstrate how you will partner with them long term and ensure they are not only meeting their targets but exceeding them; ultimately by helping each other get better.

Success is not only measured by meeting your goals, but it is also measured by assisting your customer in meeting their goals.

 
Program Place

The Impact of an Executive Scholarship




Women's Business Enterprises (WBEs) are faced with a variety of challenges, and each business owner has her own special needs for how to move the company forward. Whether it is her leadership style, launching a new product/service, developing the right strategic plan or even determining an exit strategy, WBENC's Dorothy B. Brothers Executive Scholarship allows WBEs the flexibility to select the education topic that will best suit her company's current need.

Dorothy B. Brothers, a WBENC Board Member in 2002, saw the importance of WBEs having an educational opportunity that continues to grow her legacy of supporting WBEs.

"The Brothers family is very excited about the exceptional educational opportunities that are afforded to WBEs who are selected to participate in the Dorothy B. Brothers Executive Scholarship Program," said Sharon Brothers Parker, Founder & Executive Director, BillBro Foundation, Inc. and daughter of Dorothy B. Brothers. "Our mother was an active advocate for continued education and understood the value and need for business owners to stay current with information in all facets of business leadership. It is our hope that this opportunity will remain for many years to come and continue to provide the tools WBEs will need to effectively compete and lead their businesses to the next level."

WBE Lucie Voves chose to use her scholarship to attend the Harvard Kennedy School's "Leadership for the 21st Century." Here's how it impacted her, in her own words:

"… I enjoyed my time at Harvard Kennedy School," said Lucie Voves, President, Church Hill Classics. "I came away with a better understanding of my leadership style, how to work through difficult situations, and how I can build a stronger team to help take the business to the next level. The peer group was simply remarkable, and learning from others was a huge piece of the value. I was able to take my own personal leadership challenge and focus on solutions and approaches, so I feel that I have a valuable roadmap going-forward. I hope you will share with others who enable the Dorothy B. Brothers' scholarships that this opportunity made a real difference for me!"

For more information on the Dorothy B. Brothers Executive Scholarship Program, please visit this web page: www.wbenc.org/Opportunities/Dorothy-B.-Brothers--Executive-Scholarship-Program/.

Development Drive

Summit & Salute Registration Now Open!

Registration for WBENC's Summit & Salute to Women's Business Enterprises is now open at www.wbenc.org/summit-salute. WBENC's Summit & Salute will be held March 21-22, 2012 at the Baltimore Marriott Waterfront in Baltimore, MD, bringing together America's leading corporations, government agencies, women business owners and strategic partner organizations. Accenture LLP and Ernst & Young LLP are the 2012 Presenting Sponsors for the event. Their leadership will enhance the quality and content of the program.

The year 2012 is WBENC's 15th anniversary, and the guiding theme for 2012 is Celebrating 15 Years: Vision, Opportunities, and Success!   This comprehensive two-day program offers:
  • Information sessions focused on topics of most importance to you, including informative sessions on corporate supply chain management and building capacity between prime and Tier II+ relationships.
  • Networking among top corporate and WBE companies in multiple innovative formats
  • A panel discussion and Q&A session on the Small Business Administration's Women-Owned Small Business (WOSB) Federal Contracting Program and third-party certification.
  • Corporate-WBE Roundtable Discussions on topics critical to fueling the economy and creating jobs through Women Business Enterprises.
For the second year, the Summit will feature WBENC's Multi-Tier Opportunity Connection (formerly WBENC's Multi-Tier Dialogue & Opportunity Connection). This interactive session includes participating Corporate and Government Members, who will be available in two simultaneous sessions:
  • A meet and greet session designed for WBENC-Certified Women's Business Enterprises (WBEs) to introduce their companies and products and/or services to participating Corporate and Government Members.
  • An opportunity for WBENC-Certified WBEs to visit tables hosted by Corporate and Government Members and their prime suppliers/key business partners for short meetings to explore 1st, 2nd, and 3rd level sourcing opportunities and to learn how to be considered for these opportunities.
Early bird registration for the Summit & Salute ends January 31, 2012. To register now, visit www.wbenc.org/summit-salute. Click here to view details on becoming a Summit & Salute sponsor.


Learn how you can gain tremendous visibility in front of a large, diverse audience consisting of Fortune 1000 representatives, government entities, nonprofit organizations, and many women business owners by contacting Paige Adams, Director of Development at padams@wbenc.org.
 
Summit & Salute to Women's Business Enterprises
March 21–22, 2012, Baltimore, MD

Presenting Sponsors:
Accenture, Ernst & Young, LLP

Click here to view Summit & Salute sponsorship opportunities. Sponsor pledges are being accepted now. 

Registration is now open at
www.wbenc.org/summit-salute
  

WBENC National Conference
& Business Fair:

June 19-21, 2012, Orlando, FL

Co-Chairs:
Avis Budget Group, Office Depot,
Accel, Inc., ICON Information Consultants

Click here to view Conference sponsorship opportunities. Pledge now to be a sponsor. For Exhibitor Package pricing, please contact Paige Adams at padams@wbenc.org.

Online registration opens in mid-November at
www.wbenc.org/wbencconf.




Recognition Road

The Top Hispanic Business Enterprises Recognized at
US Hispanic Chamber of Commerce 32nd Annual Convention




The U.S. Hispanic Chamber of Commerce (USHCC) held a special lunch honoring the Top 20 Latino/Latina owned companies during their 32nd Annual National Convention & Business Expo in September 2011. These businesses represent the largest Hispanic Business Enterprises (HBEs) in America, as identified by Hispanic Business Magazine's Top 500 list. The Latina honorees included the following WBENC-Certified Women's Business Enterprises:
Elder Automotive Group, Irma Elder, was also named to this prestigious group, and is the parent company of WBENC-Certified Elder Ford DBA Elder Ford of Troy and Saab of Troy.

The USHCC 32nd Annual National Convention & Business Expo is the largest gathering of Hispanic business leaders in America. To view the entire list, visit Hispanic Business Enterprise.


 

2011 CALENDAR OF EVENTS
This calendar includes events hosted by WBENC's Regional Partner Organizations and strategic partners.  Visit WBENC's online calendar for more events.

 

WPEO-DC Annual Access Reception Hosted by Capital One
November 15, 2011
Capital One
McLean, VA
Registration and more information will be available this fall. Please check
www.wpeo.us for updated information

Anna Maria Arias Foundation Awards Gala
November 16, 2011
Mayflower Renaissance Hotel
Washington, DC
Click here for more information


WBDC 15th Anniversary & "Just Desserts"
Celebration
November 15, 2011
Union League of Philadelphia
Philadelphia, PA
Click here for more information.

WPEO WBE to WBE Dinner Program Hosted by Metlife
December 1, 2011
The Penn Club of New York
New York, NY
Open to Certified WBEs only. Registration and more information will be available this fall. Please check www.wpeo.us for updated information.


WBDC-Florida 4th Annual Conference & Trade Show
December 1-2, 2011
Hilton Deerfield Beach
Deerfield Beach, FL

Click here for details.

18th Annual AMAC Airports Economic Opportunity & Policy Forum
December 4-6, 2011
Hilton Fort Lauderdale Marina Hotel
Ft. Lauderdale, FL
Click here for information and registration.

Break Through Luncheon and Business Opportunity Fair

December 6, 2011
Philadelphia, PA
Click here for more information.

2011 MacDill Service Disabled Veteran-Owned Small Business (SDVOSB/VOSB) and Small Business Conference & Expo
December 7-8, 2011
Tampa Convention Center
Tampa, FL
Click here for more information.

WBEC-South Holiday Luncheon & Annual Meeting
Keynote Speaker, Pamela Prince-Eason, President & CEO, WBENC

December 8, 2011
New Orleans Marriott at the Convention Center
New Orleans, LA
Click here for more information
 

Editorial Team

Editor in Chief
Cristy McCullough
AVP Marketing, Communications, and Brand Management

Production
Allison Gibson

Writers

Paige Adams
Director, Development and Corporate Relations

Betty Cole
Sr. Director, Programs

Cristy McCullough
AVP Marketing, Communications, and Brand Management

Pamela Prince-Eason
President & CEO

Lynthia Romney
Romneycom

Candace Waterman
Senior Director of Compliance & Alliance Relationships

Video Production
Maslow Media Group Inc.
Roland Millman (Production Editor)


Design
Limb Design
 
President's Report Archives:  October 2011  |   September 2011  |  August  2011   |  More
 
 
facebook    youtube    twitter    in            donatenow
information + innovation = INSIGHTS
Tenaris Flash Media
More Videos
WBENC Insights   Exclusive online knowledge resource. Learn more >