Director Hinson's Presentation on MBDA's Strategic Direction August 27, 2009

Aug262009

Wednesday, August 26, 2009

Global Work

Aligning the Vision and Mission

Strategic Vision

MBDA’s Vision is economic prosperity for all American business enterprises

Mission Statement

MBDA’s Mission is to foster the growth and global competitiveness of U.S. businesses that are minority- owned
 

Strategic Goal 1 - Increase the number of businesses that are minority-owned at the $1B Level

Action Items for 2010:

  • Achieve $1B in contracts and financings in each region
  • Encourage and finalize merger and acquisition deals exceeding $50M
  • Secure five contracts or financings exceeding $100M for businesses that are minority-owned
  • Globalize businesses that are minority-owned through international deal making

Strategic Goal 2 - Establish MBDA as the agency of choice for businesses that are minority-owned, policymakers, and the private sector

Action Items for 2010:

  • Establish a marketing and outreach plan associated with the MBDA brand
  • Establish all MBDA staff as ambassadors to enhance MBDA relationships nationwide
  • Complete at least two significant research studies in collaboration with a major think tank

Strategic Goal 3 - Implement operational efficiencies throughout MBDA

Action Items for 2010:

  • Restructure agency to focus on deals in specific growth industries
  • Increase percentage of employees focused on deals
  • Enhance level of intellectual capital within MBDA through enhanced training and development
  • Develop plan for increased service delivery on a national basis to incorporate support of Commerce and White House initiatives

View Presentation [PDF, 249 KB, August 2009] 
View Strategic Plan for FY 2009 to FY 2012
[PDF, 2.5 MB, April 2009]

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