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On August 30, the OhioMBE Supplier Diversity Lunch fostered essential conversations about the complexities of good faith contracting during turbulent times. The event was graciously hosted by the Five Party Event Center and Central State University Extension, who shared their invaluable insights on navigating contractual challenges in crisis situations.
Ronda Watson Barber, publisher of OhioMBE, spoke on the occasion, “Today’s discussion underscores the absolute necessity of understanding good faith efforts in contracting. We’re all navigating challenging times, and it’s crucial that we work together to develop strategies that benefit Black and minority-owned businesses.”
A Gathering of Experts
Local community leaders, purchasing professionals, and supplier diversity experts convened for this enriching experience. The occasion served as a platform for these professionals to network and exchange perspectives on navigating the contemporary challenges of good faith contracting, which is particularly important in times of crisis.
Central State University Extension Takes the Podium
The highlight of the event was the comprehensive presentation by Central State University Extension. The talk covered critical aspects of contracting, like ensuring that minority-owned and small businesses are not left on the sidelines during crises. This presentation provided a roadmap for maintaining contractual integrity and highlighted the need for transparency, communication, and adaptability in these testing times.
Key Takeaways
- Good Faith is More Crucial Than Ever: In a time when many businesses are facing economic hardships, acting in good faith is not just a legal obligation but also a moral one.
- Diversity is Strength: The event stressed the importance of including small and minority-owned businesses in contracting opportunities, emphasizing that their participation leads to more resilient and adaptable business networks.
- Network to Succeed: Many attendees noted the invaluable opportunity to network with other experts in the field. Shared experiences and insights led to new collaborations and partnerships, set to take the industry to new heights.
- Practical Solutions: The session provided actionable strategies for businesses to maintain the sanctity of their contracts, even in the face of unprecedented challenges.
The Future is Bright
As the OhioMBE Supplier Diversity Lunch concluded, there was a palpable sense of optimism. Attendees left with enriched understanding and new business contacts that promise to bring forward progressive change.
The event highlighted the collective strength and resilience of Ohio’s small and minority-owned businesses. It also emphasized that good faith and fairness in contracting can and should be maintained even in times of crisis.
OhioMBE continues to be an essential resource and a community pillar, helping local businesses navigate through uncertain waters. We eagerly anticipate the next gathering that promises to deliver actionable insights for business growth and community development.
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