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Advisory Services Minority-Owned Business Enterprises (MBEs) are an important partner in the supply chain for many major Fortune 500 companies. A wide body of research supports the fact that solid supplier diversity programs can be a valuable asset that leads to an increase in overall market share. However, many corporations struggle to effectively maximize the full economic potential of their supplier diversity initiatives and often fall short of their stated business objectives. Frequently, these challenges are the result of inadequate program structures, an inability to identify appropriate MBE partners and difficulty in helping suppliers scale to meet corporate needs.
In order to address these issues, The Taylor Group works with large companies to provide advisory services related to supplier diversity programs. These services help companies design and implement innovative strategies, which create stronger MBEs and better partner relationships that significantly increase the business benefits of supplier diversity.
The Taylor Group’s Advisory Services include:
- Developing and coordinating innovative Corporate/MBE partnership strategies.
- Providing investment capital to structure MBE partnerships.
- Identifying potential MBE investment opportunities.
- Assisting MBE partner companies in scaling up through acquisitions and joint ventures.
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