The theme of this conference is "coopetition" among America's largest Black-owned businesses as the basis for organizing a nation-wide network of suppliers clustered by procurement spend category in order to increase production capacity.
Attendance is by-invitation only and limited to the C-suite leadership of U.S. Black-owned firms generating a minimum of $10M in annual revenues. Unlike conventional conferences, much of the content is attendee-driven involving strategy sessions among an audience who will at various points form discussion groups based on session topic. We encourage open discussion and sharing of ideas in support of strategic partnerships and alliances. Industry thought leaders will be on hand to participate not only as speakers, but also as topic facilitators who will seek audience input as part of their panels.
More than just an opportunity to interface with commercial lenders and learn the latest supply chain financing solutions, BOSS 2020 is the first ever organized attempt to establish a collaborative association of Black-owned businesses at the national level! No matter the industry, aggregation rewards independently owned and managed SMEs with greater sales, cost savings, increased purchasing power, access to greater liquidity and a more lucrative exit for owners. Competitive advantage is achieved when multiple suppliers streamline their operations to function as a combined entity, resulting in a whole that is greater than the sum of its parts, as well as limited horizontal competition from substitutes, new market entrants, and established rivals.
IS THIS CONFERENCE RIGHT FOR YOU?
Take a few moments to consider these important questions to which resolution embodies the program agenda:
- Does your company have the potential to be a segment or industry leader if given access to additional resources?
- Is your company's growth hampered by a lack of working capital?
- Is its competitiveness limited by an inability to attract top talent with competitive pay and benefits?
- Is your company limited by a lack of access to the latest technology?
- Is it forced to pay small volume prices for practically everything?
- Is it penalized by an inability to achieve economies of scale in key areas?
- Do you understand and appreciate the net gains provided by collaborative alliances with other suppliers?
- Do you see benefit in belonging to a peer group of leaders in your industry segment?
- What is the likelihood that your equity's P/E multiple will be higher than the industry average upon your exit or retirement?