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Posts Tagged ‘Business Implications’

Portals: Everyone seems to have one, what do you do with them?

As a diverse business owner, the most dreaded question asked by a supplier diversity (SD) professional may be: “Are you registered in our portal?” Portal registration can be time consuming and sometimes can feel like a black hole you only hear from once a year when your certification is about to expire. The honest truth, portals are not for…

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What’s Being Certified?

We get asked this question frequently: I’m selling my business (or buying one). Is the diversity certification transferable? There is no short yes or no answer, the reality is that it depends on the type of certification held and who is  purchasing the business. What’s actually being certified? The certification process is two-fold. 1) The business…

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Best Practices

In the world of supplier diversity literature, best practices are defined and expressed by the professionals in corporations and government agencies. SDMWVLGBTBE (Small Disadvantaged or Disabled, Minority, Women, Veteran, Lesbian, Gay, Bisexual or Transgendered Business Enterprise) owners are often unaware of the challenges facing supplier diversity organizations. We’ve written about The Inclusion Dividend: Why Investing…

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Perspectives

We often talk about the history of supplier diversity, how its roots are buried in the affirmative action/equal employment opportunities that came out of the Kennedy, Johnson and Nixon administrations.  Some of our staff actually marched (and sat) in solidarity with Martin Luther King, Jr’s mission at various locations and campuses in the Midwest and…

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You Should Get Certified!

If you’re a DMWVLGBTBE (Disadvantaged or Disabled, Minority, Women, Veteran, Lesbian, Gay, Bisexual or Transgendered Business Enterprise), particularly if you’re a small business, you’ve probably heard that advice. We’ve talked about having a strategy when it comes to selecting the certifications that are right for your business, but just jumping right into filling out a…

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The Need for Supplier Diversity?

Back in 2010 we wrote  a brief history of Supplier Diversity, the highlights of which included a brief synopsis of the following Executive Orders: 10925 11246, 11458, 11625, and 12432. At the federal level these orders formed the basis for the process of identifying and vetting businesses claiming diverse status. Again, diverse is an easy…

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CAGE Code Changes

If you’re a SDMWVLGBTBE (Small, Disadvantaged, Disabled, Minority, Women, Veteran, Lesbian, Gay, Bisexual or Transgendered Business Enterprise) owner that has been chasing Federal contracts you have a CAGE code.  We’ve had one since the late 1990s. This CAGE (Commercial and Government Entity) Code is a unique identifier (ID) assigned to Federal suppliers. And this code is assigned to any business, no…

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Disparity Studies’ Purpose

Disparity Studies are conducted to determine the utilization of Disadvantaged Minority and Women-owned Business Enterprises (DMWBE) for various states, counties and cities.  The study generally examines the process for attaining products and services, the subcontracting practices of prime contractors/service providers who do business with the government, and the evidence collected from a broad cross section…

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