BMW Tier 1 Supplier Diversity Matchmaker Conference by Slidely Slideshow
BMW’s fourth annual Tier 1 Supplier Diversity Matchmaker Conference, designed specifically for diverse companies to meet face-to-face with BMW Tier 1 suppliers, is one of the largest supplier diversity meetings in the southeast. Businesses owners and associates from across the U.S. and abroad traveled to Greenville, SC on April 9, 2015, to experience a plethora of business-to-business opportunities, vigorous training through workshop sessions and vital entrepreneurial advice from BMW executives.
This year’s keynote speaker Clifton L. Taulbert, born in Mississippi Delta during legal segregation and once a field worker, shared his dreams and path to success despite the racial and professional barriers he experienced. Exemplar of intestinal fortitude, Taulbert is now currently the President and CEO of both the Freemount Corporation, a human capital development company, and Roots Java Coffee, an African-American owned national coffee brand which imports coffee from Africa. Taulbert has developed and written entrepreneurial strategies which he attributes to his successful career. Below are Taulbert’s seven strategies to improve entrepreneurial thinking, written in his book Shift Your Thinking: Win Where You Stand.
Seven Strategies for Breaking the Code:
- Choose Your Mind-Set
A mind-set is the established set of attributes and assumptions held by someone. Successful entrepreneurs of all ages have shifted their thinking. Therefore, you are never too old or young to change your mindset. While choosing your mind-set is the starting line, following through will get you to the finish line – to the sale you wanted or to the idea becoming a reality.
- Be Determined
Be determined is simply a code phrase calling you to be strategically prepared- to position yourself to be firm in your decisions and ready to do the heavy lifting required to win. Entrepreneurs actualize this strategy all the time and win as a result of having done so. Being determined is a key element in the entrepreneurial thinking process, regardless of your specific goals and objectives. Your adherence to the demands of this strategy will be driven by the mind-set you choose.
- Build a Solid Relationship Bridge
The marketplace, like life, is characterized by interdependence. People need each other. The previously noted quote by former Supreme Court Justice, Sandra Day O’ Connor deserves repeating, “No one accomplishes anything alone.” The relationship bridge is a significant key to success.
- Slow Down to Lead
Thanks to advancing technology, your actions (good or bad) will oftentimes become the conversations that travel far beyond your business’s walls. In the marketplace, being watched is par for the course. In any place where a hierarchy exists, people tend to look up. Those with positions and titles are watched. If you are a leader, whether just starting out or seasoned or just in charge of the copy room, your position sends signals every single day. You must allocate your time and knowledge appropriately.
- Know your Business “Health” Metrics
It is important to pay close attention to details in order for you to stay on top of your plan. An entrepreneur must value and own the managerial and operational decisions they make. Metrics are what direct strategic actions. Business owners must consider these questions:
1) Is your business performing well?
2) Are you making money?
3) Are you losing money?
4) Are your customers being treated properly?
5) What are the variances from the plan?
6) Do you actually have a plan?
Your entire team has to be committed and accountable.
- Be prepared to Swim Upstream
Entrepreneurial thinking will enable you to embrace this time rather than seeing it as the time to step off the field of play. This is why such thinking is so important to sustain success. Entrepreneurs-those who have gone through times of doubt, lack of funds, and sleepless nights-understand that having to swim upstream is most often just a natural part of succeeding the marketplace and in life.
- Resolve to Succeed
An entrepreneur should rely on their vision to drive to win. Challenging moments are inevitable, but winners refuse to walk away from them. A winning resolve doesn’t just show up. It’s the result of much internal wrestling-taking into account of all of one’s experiences, both those that are good and those that are disappointing. Challenges are woven through victory. It’s your move.
For more information about the BMW Tier 1 Supplier Diversity Matchmaker Conference contact Alesia Williams, MBDA Business Center-Atlanta Marketing and Event Planning Coordinator, at firstname.lastname@example.org.
Taulbert, Clifton L. Shift Your Thinking: Win Where You Stand. Clifton L. Taulbert, 2015. Print