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Program Overview

Minority and women owned firms face unique challenges. In order to build and sustain a successful business, management must focus on competitive strategies to overcome these challenges.

To address this need, in 2006 the NC Department of Transportation (NCDOT) partnered with the Minority Executive Education Institute (MEEI) to create an executive level schooling program for firms in the highway and commercial construction industry, construction related consultants, and suppliers. The MEEI is a program of the North Carolina Institute of Minority Economic Development (NCIMED) that creates educational programs for minority businesses to further promote innovation, encourage professional development, and to advance business growth and capacity.

The DBE Executive Management Program (EMP) provides an intensive series of courses designed to provide cutting-edge training to business owners and managers in areas critical to business success. The EMP aims to build business capacity through the enhancement of strategic management techniques and business leadership skills.

Participants in the program receive practical instruction from business educators from one of the nation’s top-rated business school, as well as from professionals engaged in business improvement.

The exclusive setting of the EMP allows business leaders to “get away” from their company to objectively assess their strategic objectives, business plan, operational efficiency, and opportunities for growth.

Participants also benefit from the opportunity to collaborate and network with other business owners to share creative ideas, best practices, and strategies for future business success.

Program Objectives
Session I
SessionII

The mission of the EMP is to equip participants with the knowledge of methods and models that allow them to respond positively to changes in the marketplace. EMP objectives are to help firms to:

  • Identify the individual challenges, internally and externally, each firm faces that is inhibiting its growth.
  • Develop a growth strategy that identifies business opportunities.
  • Develop an understanding of partnering and joint venturing as a mechanism for growth.
  • Analyze current marketing strategies and identify effective new marketing strategies.
  • Build professional networks among successful minority and women-owned firms.
 

January 23-26, 2008

Entrepreneurial Development

  • Leadership
  • Team Building

Strategic Planning

  • Market Trends and Demographics
  • New Market Development
  • Competitor Analysis

Operations Management

  • Process Analysis and
  • Improvement
  • Customer-Driven Performance

Human Capital

  • Employee Recruitment and
    Retention
  • Human Resource Planning
 

February 24-27, 2008

Marketing

  • Innovative Marketing Strategies
  • Relationship Building

Financial Management

  • Cash Flow Management
  • Financial Controls

Accounting and Finance

  • Financial Analysis
  • Surety Bonding and Bank Financing
  • Construction Accounting

Legal

  • Structuring Joint Ventures and
    Partnerships
  • Protecting Your Business