Capacity building refers to those activities that fortify the knowledge, abilities, skills and behavior of (key) individuals and improve your organizational structures and processes by which your company can efficiently (and profitably) meet its mission and goals in a sustainable way. Many diverse suppliers assume that capacity building and mentoring relationships start with potential customers. This is not correct. Capacity building starts with the diverse supplier recognizing its strengths, weaknesses, opportunities, and threats (SWOT Analysis). So, this self-reflection or SWOT analysis starts with the diverse supplier and customers, advisors, and mentors becoming resources for development. In this course, you will learn why diverse supplier capacity building is essential to the supplier diversity value proposition; how to identify and prioritize the capacity building needs within your company; and how to engage your teams in developing your capacity building strategy.
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