President & CEO
Minority Supplier Development Council
Encouraging and facilitating procurement and business opportunities between Buying Entity Members and Certified Minority Business Enterprises.
Ms. Posey reports to the D/FW MSDC Board of Directors and has ultimate managerial responsibilities of the Dallas/Fort Worth Minority Supplier Development Council, including financial, human resources, hiring, planning and execution. More specifically, Posey is charged with:
- Communicating and implementing the organization’s vision, mission and overall direction
- Overseeing the strategic direction of the organization
- Preparing and submitting of annual budget and operating plans for Board approval
- Successful managing directions and initiatives of the Board
- Working directly with the Minority Business Enterprise Input Committee, the Suppler Diversity Working Group, Inclusive Supply Chain Working Group, Buy
- Those That Buy Us(TM) and Strategic Imperative Groups
- Representing the organization in media and other public events
Ms. Posey represents the Dallas/Fort Worth affiliate relationship with the National Minority Supplier Development Council. The D/FW MSDC, based on performance, was ranked Council of the year in 2011 and 2015 and ranked in the top percentile of all Councils in all other years.
Posey was elected by NMSDC peer presidents as their Chair, representing the Affiliate Councils on the NMSDC Executive committee and NMSDC Board of Directors from January 2015-2017. She provided direct input into the shaping of the network and program delivery at the national level.
Posey bid and was awarded the grant to operate the Department of Commerce’s Minority Business Development Agency Business Center-Dallas in 2011. The Center specializes in procurement assistance, access to capital and import and export opportunities for its clients locally and nationally, resulting in new job creation, retention and true economic impact. The Dallas MBDA Center has been recognized as an outstanding national center by the National Minority Business Development Agency for six of the past seven years under Posey’s leadership.
Comments about Margo Posey
John Lozano is chairman of D/FW MSDC’s board of directors and deputy vice president, global supply chain management, Raytheon Missile Systems Co. in McKinney, Texas. He said the key to Posey’s success is that she has surrounded herself with an amazing team and a hands-on board of directors motivated and inspired to do anything she asks because of her passion for advancing and supporting minority businesses.
“Margo Posey is one of the most inclusive and engaging leaders who has not only the minority-owned business owner’s interest at heart, but also the whole value stream,” he said. “She’s demonstrated this [leadership] year after year, and time after time.”
Council member Renee Dutia, principal and CEO, Dallas-based REGALi Inc., added: “She is extremely detailed –– well prepared and well-informed –– not only about what is happening in North Texas, but she has a broader, futuristic view. A lot of members, entrepreneurs and business owners tend to look at short-term plans, but Margo has this ability to craft programs for MBEs to get them opportunities and exposure for what the future may bring.”