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Goal 5 Objectives, Work Plans, and Performance Indicators

Brief description or abstract:

Objective 5.1: Develop a network among African American owned businesses to increase connectedness, capacity and opportunity

Work Plan

  • Convene a core group of African American  business owners
  • Develop a strategy to identify and engage a broader group of African American  business owners    
  • Support ongoing interaction between and among African American  businesses
  • Utilization of mapping platform to create a searchable database where African American  business owners can register/ share information
  • Explore the presence of diversity in the Baton Rouge Area Chamber

Performance Indicators

  • Number of African American business owners identified and convened
  • Number of African American business owners continuing participation
  • Number of new attendees in response to selected and implemented new strategies

Objective 5.2:  Establish an awareness and spending campaign to raise investment in these African American  owned businesses

Work Plan

  • Support African American  business owners in an awareness and spending campaign
  • Secure needed resources to execute the campaign
  • Evaluate the effectiveness of the campaign

Performance Indicators

  • Number of African American  male business owners  identified and convened
  • Number of African American  male business owners  continuing participation
  • Finalization of a plan of action within 6 months of first meetings

 

Objective 5.3:   Develop a plan to increase home ownership, life insurance coverage, and financial literacy among African American  males  

Action Steps/ Work Plan

  • Convene a core group of individuals active in home ownership, life insurance coverage, and financial literacy
  • Identify greatest opportunities for expansion
  • Create a plan that capitalizes on greatest opportunities  

Performance Indicators

  • Number of steady participants in workgroup
  • Identification of areas of expansion
  • Finalization of a plan of action within 6 months of first meetings
  • Identification of performance indicators for plan created
Posting type(s): Community group posting (action plans, etc.)
Guidelines, Standards or Protocols
Planning documents (e.g. project planning, strategic planning, transportation plans, etc.)
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Geographic regions: United States
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Number of "Likes":0
Tags
Tags: Generational Wealth
Added 2017-06-07 by kalij1, Modified 2017-07-19 by kalij1

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