What Steps do I Take to Implement an MBE Program?

   Policy - The Corporate MBE Policy should be endorsed by senior management

• MBE Legitimacy (Certification) - World Class Supplier Diversity Programs use the  National Minority Supplier Development Council (NMSDC) to certify (verify) minority business ownership
• Provide Incentives - Positive efforts and results need to be rewarded and encouraged. 
• Set Goals - Whether the attainment of a percentage of your annual budget is your goal or a percentage increase in purchases from MBEs, your goals should be measurable. 
• Analyze Practices - Installing an MBE process usually means reviewing existing practices.  Analyze present practices, with corresponding recommendations to ease MBE participation.
• Keep Score - Measure results regularly and determine if you reached your objectives.  If not, determine what went wrong and revise plans.
• Recognize your Successes - A recognition program is one of the most effective tools for increasing MBE participation.