For Local Entrepreneurs: Strengthen Business Skills
- Encourage and support broad-based economic growth, as well as enhancement of the management practices of local entrepreneurs in developing countries through assistance to small and medium-sized businesses.
For U.S. Graduate Schools: Develop International Business Training
- Bring home development lessons learned in the field to prepare U.S. students for work in and with developing countries, as well as expansion of the graduate business school curricula to include the business practices of emerging markets.
For the U.S. Business Community: Increase International Competence of U.S. Workforce
- Enlarge the reservoir of internationally competent U.S. business executives available to assist American companies in doing business with emerging markets.
For the Global Business Community: Increase U.S. Business Linkages Overseas
- Utilize previously established professional and personal contacts with developing country enterprises in order to capitalize on trade and investment opportunities abroad.
For USAID: Capacity Development
- Increasing its capacity for developing human resources in support of broad-based, sustainable economic growth.
A recent impact study has demonstrated the program’s effectiveness in achieving its objectives, with all five elements benefiting from EMDAP. The impacts are immediate as well as long-term. Several host companies and organizations reported improvements in their operations within months of the Adviser’s arrival.
Examples of Adviser-initiated innovations have ranged from introducing time and cost saving methods in product packaging, to implementing a customer friendly, country-wide bank deposit system, to designing and activating a revenue-increasing, computerized, activity-based cost control and pricing system.
The U.S. business community has recognized the potential contribution of EMDAP Advisers to their success in the global marketplace. EMDAP alumni have moved into positions in international business or development with major U.S. corporations as well as small and medium-sized businesses, business-serving institutions, non-governmental and non-profit organizations.
Many EMDAP advisers have used their experience to springboard into a variety of interesting and challenging international assignments. One Adviser was hired by a U.S. company to promote telecommunications business with Asia largely on the strength of his EMDAP experience in Nepal. Another Adviser has furthered his interests in international business by working in the Chicago stock exchange, focusing specifically on emerging markets.
An example of international development work is the experience of an Adviser who has gone on to work with agribusiness development in Latin America. Yet another Adviser decided to pursue a career in microfinance based on his initial experience in South Africa with a rural microfinance institution.