In 1949, during his inaugural speech, President Harry Truman identified the development of undeveloped areas as a priority:
“More than half the people of the world are living in conditions approaching misery. Their food is inadequate, they are victims of disease. Their economic life is primitive and stagnant. Their poverty is a handicap and a threat both to them and to more prosperous areas. For the first time in history humanity possesses the knowledge and the skill to relieve the suffering of these people ... I believe that we should make available to peace-loving peoples the benefits of our store of technical knowledge in order to help them realize their aspirations for a better life… What we envisage is a program of development based on the concepts of democratic fair dealing ... Greater production is the key to prosperity and peace. And the key to greater production is a wider and more vigorous application of modem scientific and technical knowledge."
Within the CED Group's four-fold mission, the straightforward goal of economic development is to increase the economic output of the entire targeted regions while being highly inclusive of communities of color in order to realize an improvement in the social and political welfare of the entirety of the people within these regions and, especially, the underserved communities.e social and political welfare of the entirety of the people within these regions and, especially, the underserved communities.
The CED Group maintains a network of independent management consultants and advisors, finance experts and financial services firms, and risk management practitioners and insurers which provide support to high-growth enterprises in strategy development and execution. A high-growth business enterprise is defined as any firm with the potential to grow at 20 percent per annum or greater for a sustained period of time. Since these firms produce the preponderance of new jobs in the economy and often are the creative force behind significant industry disruption, the CED Group focuses exclusively on these firms. As such, we have developed a robust and holistic framework and set of services for such firms. Our high-growth enterprise support team assists these firms through all stages of growth and with all growth strategies and needs, including valuation, M&A transactions, access to capital markets, entity restructuring, leadership development and succession planning, and management system effectiveness.read more
The CED Group seeks to actively foster capital formation in and for communities of color. Capital formation, for our framework, refers to savings drives, setting up financial institutions, fiscal measures, public borrowing, development of capital markets, privatization of financial institutions, development of secondary markets, or any method for increasing the amount of capital owned or under one's control, or any method in utilising or mobilizing capital resources for investment purposes. Our experts can provide advice and support services for fostering angel investing, venture capital, and private equity within the targeted region.
The CED Group also seek to identify and leverage existing financial institutions, firms, and services, along with identifying and closing gaps, in the regional economy for capital formation.
We also can provide support to policymakers who want develop public policies to increase access to capital for underserved of all economic strata and also underrepresented communities, including understanding the impact of pension plan activities in private equity, providing insight to exclusionary corporate governance and management issues, and providing advice in increasing knowledge of and access to all equity market types.
The CED Group has resources and frameworks to identify, assess, develop, and support high expectation entrepreneurship. We've partnered with talent and leadership development firms. Our goal is to assure that our network gives every entrepreneur the ability to reach their personal potential and lead their firms to create and capture their full marketplace value.read more
The CED Group partners with a number of firms and agencies that assist our client firms in developing both traditional and creative risk management solutions.read more
With so much market disruption occurring due to innovation and highly competitive niche market players, large and small organizations alike can ill-afford to spend precious leadership creativity, management bandwidth, and corporate or firm resources on needed but non-core activities that do not produce competitive advantage in the marketplace. Firms must choose carefully what they decide to outsource to suppliers and service providers and then carefully manage those outsourced capabilities. Our corporate services goal is to support firms in navigating the outsourcing process and developing partner firms that provide world class and economically scaled BPO services of the highest possible quality.read more