FROM PURPOSE TO STRATEGY AND IMPLEMENTATION DRAFT FOR DISCUSSION PURPOSES ONLY
START SMALL 2020 Breakthrough: Incremental
SCALE FAST 2022 Breakthrough: Substantial
THINK BIG 2024 Breakthrough: Transformational
VISION SNAPSHOTS
EDUCATIONAL OPPORTUNITIES
Actively tracking and growing academic achievement (degrees)
Signi cantly increased funds available to support degrees and certi cations
Champion and enabler of academic excellence and achievement made evident by degrees enabled (direct) and in uenced (indirect through partners)
What is our CURRENT STATE - 2019
What THINK BIG looks like
• Mediocre support for undergrad students • We enable over $1M in academic scholarships annually (money doesn’t come from NBMBAA, partner/funded through corporate partners) • We enable a small group of students with scholarships dollars in $1.7M • At current collegiate partner schools, we are seen as an enabler (scholarships). Unknown at most other HBCU schools or PWIs • Recognition currently is great at the MBA level but not so great at the undergrad level • We have a business Case Competition
• Black students are getting into schools, they are getting the support they need and they’re graduating • Scholarships from NBMBAA increased by 50% (is this enough?) • NBMBAA has 4 di erent endowed scholarship programs • NBMBAA opens 1st educational and leadership academy • # of Blacks increased by 25% in both undergrad and grad programs
CRITICAL INITIATIVES
2020
2022
2024
Headline Indicators • Number of Educational opportunities Created and Supported by NBMBAA programs, scholarships and partnership initiatives - Black student admittance - Academic performance - # of degrees • Growth of student members and chapters
• Complete / execute on existing studies of black business school students and develop, execute recommendations - Understanding Underrepresented Populations in the Business School Pipeline • Add or create scorecard to track pipeline including admittance, enrollment, degrees and certi cations • Pilot student chapters (e.g. University of Alabama) • Pro le member business leaders by the schools they graduated and connect to current black business students • Heighten urgency and investment of HBCU and collegiate partnership programs
• Develop and implement education endowments with partnership strategy • Develop undergraduate / graduate student chapters at HBCUs and PWIs driven by NHQ with engagement by chapters - Migrate focus from Leaders of Tomorrow to Black Business School Students
• Link and leverage educational endowments to corporate partnership strategies to create more funds available for academic pursuits of black students
Planned for 2019-2020 • Academic Advisory Council 2019, Increasing Black student enrollment • Enriching collegiate partnership program • HBCU initiative
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