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HSDA Assists MBE Owners through Executive Training Program

Once again, the Healthcare Supplier Diversity Alliance (HSDA), Vizient, Novant Health and the Tuck School of Business at Dartmouth have partnered to offer useful strategies for growing a minority business and being more competitive in the healthcare industry. This executive training program was held on November 13–18, 2016 at the Tuck School of Business at Dartmouth College in Hanover, N.H., and was specifically designed for owners of minority owned businesses in the health care industry by Tuck, Novant Health, Vizient and HSDA.The fall session entitled 'Building a High-Performing Minority Business' included:

  • Strategy development and implementation
  • Analysis of financial statements
  • Managing the "customer asset"
  • Refining the management structure
  • Assessing operations

"The health care supply chain has unique complexities that can be daunting even for larger suppliers. For minority-owned suppliers, who possess the needed product or service expertise but tend to be smaller in scale, the challenge is often greater. This executive training program helps minority business owners better understand the industry and levels the playing field," said Mark Cartwright, senior director of supplier diversity at Vizient. "This is our third year collaborating to provide this program, and we are excited to enable the education, training and the important network connections to help them be successful."

As part of Vizient's support of 'Building a High-Performing Minority Business,' and its overall commitment to increasing the level of diversity among suppliers in the health care industry, the company offered partial scholarships in conjunction with the HSDA for the five day program.