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The Memphis  Office of Resources and Enterprise: The Memphis  Office of Resources and Enterprise:

The Memphis Office of Resources and Enterprise: - PowerPoint Presentation

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The Memphis Office of Resources and Enterprise: - PPT Presentation

Connecting Businesses Resources amp Opportunities to Make Memphis a City of Choice for All Mayor A C Wharton Jr CITY OF MEMPHISCITY OF CHOICE FiveYear Strategic Management and Fiscal Plan 20122017 ID: 549123

memphis city minority business city memphis business minority executive summary development community strategic choice purchasing goals opportunities priorities women

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Presentation Transcript

Slide1

The Memphis Office of Resources and Enterprise:Connecting Businesses Resources & Opportunitiesto Make Memphis a “City of Choice” for All

Mayor A C Wharton, Jr.Slide2

CITY OF MEMPHIS-CITY OF CHOICEFive-Year Strategic Management and Fiscal Plan 2012-2017 RE IMAG(E) INING MEMPHIS – A CITY OF CHIOCEGame Changing Priorities and Strategies

VISION

Memphis is a city of choice

.

In

Memphis, we create safe and vibrant places for people to live, learn, work and play. Our economy grows prosperity and opportunity for all. We invest in our young people so that talent is developed and retained. We advance a culture of excellence in government so that we are responsive, accountable, and successful at meeting core needs

.Slide3

CITY OF MEMPHIS-CITY OF CHOICEFive-Year Strategic Management and Fiscal Plan 2012-2017 RE IMAG(E) INING MEMPHIS – A CITY OF CHIOCEGame Changing Priorities and Strategies

PRIORITIES

1. Create safe and vibrant neighborhoods

2. Grow prosperity and opportunity for all

3. Invest in our young people

Advance a culture of excellence in

governmentSlide4

Executive SummaryOverall Poverty Rate: 26.9%

African-American Poverty Rate: 31.9%

Hispanic or Latino Poverty Rate: 37.4%Children in Poverty: 39.6%

Poverty in Memphis Challenges the Entire CommunitySlide5

Executive SummaryCity of Choice Strategic

Imperative:

Grow Minority and Women Business and

Wealth Creation Slide6

With Black/African American population at 63.3% and Hispanics or Latino population at 6.5%, Female population at 52.5%, and MWBEs are only 1.3% of Total Business Receipts.Total City of Memphis purchasing from MWBEs started at 8% before MBDOC began in 2011, now 34%

of spending goes to MWBE companies.2000 & 2010 Disparity Studies, and Wharton Transition Plan

, identified need for City of Memphis to facilitate a coordinated strategy to drive growth in minority business receipts…beginning with City of Memphis purchasing

City Leadership for Minority Business Development is Imperative

Executive SummarySlide7

Executive SummaryLeveling the Playing Field =

the Opportunity

To Compete

Not

a subsidy…

Not

affirmative action…

Winning contractors must offer the

best value

– highest quality at the best priceSlide8

SMWBE’s are challenged with lack of access to capital; exclusion from major new business opportunities; and lack of awareness of support services.Support services for SMWBE’s are fragmented and uncoordinated with no “front door”No shared community goals or vision for achieving increase in SMWBE business receiptsMany perceive that government is not held accountable for complying with minority participation goals or fostering a minority/small business development

Stakeholders Agree onSMWBE Challenges and Needs

Executive

SummarySlide9

Establishing MOREMayor’s Executive Order

Supports increased efforts by the City of Memphis to engage minority, woman-owned, and small business enterprises

Creates the Memphis

Office of Resources

and Enterprise

Memorandum of Understanding with City Vendors and Key Partners

Outlines goals and procedures for increasing participation by MBEs, WBEs, SBEs.

Designates MORE as primary engine to execute initiatives.

CITY OF MEMPHIS-CITY OF CHOICE

Five-Year Strategic Management and Fiscal Plan 2012-2017

RE IMAG(E) INING MEMPHIS – A CITY OF CHIOCE

Game Changing Priorities and StrategiesSlide10

Establishing MORE

Staff AccountabilityInclude attainment of minority purchasing goals in performance expectations and reviews

Data-Driven Process for Purchasing Goals

Identify feasible, strategic opportunities that are specific to individual divisions (vs. “across the board” goals)

Creates a roadmap for cultivating minority business growth to

meet specific divisional needs and opportunities.

CITY OF MEMPHIS-CITY OF CHOICE

Five-Year Strategic Management and Fiscal Plan 2012-2017

RE IMAG(E) INING MEMPHIS – A CITY OF CHIOCE

Game Changing Priorities and StrategiesSlide11

What MORE DeliversSet coordinated strategy for City agenda relating to minority and women-owned business development

Facilitate coordination and collaboration among city and community stakeholders

Work with Memphis Business Diversity Oversight Commission (MBDOC) to review City purchases and develop procurement goals based on opportunities for SMWBEs

Maintain database of viable local SMWBEs to match them with City procurement opportunities

Drive increased community support resources for SMWBE growth that match City procurement goals

Regularly communicate information, progress and achievements to partners and general public.

Executive SummarySlide12

alt. ConsultingAccionBlack Business AssociationCity of Memphis Office of Contract Compliance

City of Memphis Renaissance Business CenterCommunity LiftDowntown Memphis Commission

Economic Development Growth EngineEmerge MemphisFedEx Institute of Technology University of Memphis

Greater Memphis Chamber of Commerce

Hispanic Chamber of Commerce

Home Based Business Chamber

Innova

Launch Your City,

Inc

Latina Memphis

LeMoyne-Owne

College Community Development Corporation

Memphis Area Association of Governments

Memphis Area Minority Contractors Association

Memphis Urban League

Memphis Bio Works Foundation

Memphis Hispanic

Minority Business Development Agency

National Association of Women Business Owners

Collaboration…Not duplication!

Executive SummarySlide13

Shield, IncService Corps of Retired ExecutivesSEEDCOSmall Business Administration

State of Tennessee Department of Economic & Community DevelopmentTennessee Business Small Development CenterThe Mid-South Minority Business Council Continuum

Tennessee Minority Supplier Development CouncilTri State Bank

U.B. Black Chamber, Inc

WBEC South Business Success Center

WBEC South

Collaboration…Not duplication!

Executive SummarySlide14

MORE – Helping Your Business Connect with Qualified Minority and Women-Owned Businesses

Identify, facilitate and communicate purchasing and partnering opportunities with minority businesses.

Grow the pool of minority and women-owned businesses offering high quality products and services.

Increase community prosperity, purchasing power, and quality of life.

Executive SummarySlide15

Questions?

Executive SummarySlide16

Contact Information:

Alandas Dobbins, Director

Memphis Office of Resource and Enterprise (MORE)

700 Adams Avenue

Memphis, TN 38105

901-544-1847

E-mail: alandas.dobbins@memphistn.gov

Executive Summary