Business Council For International Understanding
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The Business Council for International Understanding (BCIU) is a
not-for-profit A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...
, nonpartisan, membership organization that encourages dialogue between business and political leaders in different countries. It holds events, briefings and programs for networking and education. Membership comprises more than 200 companies.


History

BCIU was formed November 10, 1955, at the White House Industrial Cooperation Council Conference, as an initiative directed by U.S. President
Dwight D. Eisenhower Dwight David "Ike" Eisenhower (born David Dwight Eisenhower; ; October 14, 1890 – March 28, 1969) was an American military officer and statesman who served as the 34th president of the United States from 1953 to 1961. During World War II, ...
. It was established with the purpose of improving foreign understanding of business practices within the
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
, thereby lifting a national image that had suffered greatly through the course of the
Cold War The Cold War is a term commonly used to refer to a period of geopolitical tension between the United States and the Soviet Union and their respective allies, the Western Bloc and the Eastern Bloc. The term '' cold war'' is used because the ...
. The organization was intended to operate as a part of a larger Eisenhower program, called People to People; however, in 1958, the umbrella initiative was shut down after failing to amass an adequate amount of independent funding. BCIU survived the initial decentralization of direction and support, and has continued to perform many of its original duties.


Activities


Corporate to Government Event Building

BCIU organizes conferences and receptions for its member companies and relevant government officials to address issues of common concern. The initiative to organize a conference is taken by BCIU members, U.S. government officials, or foreign government officials. The specific format of these meetings is typically left to the discretion of the host.


Government contracts

BCIU is a pre-qualified Indefinite-Quantity Contractor (IQC) for the U.S. Trade and Development Agency (USTDA). Since 2006, BCIU has bid for opportunities to plan and manage orientation visits, conferences, and training programs in support of USTDA objectives. Once awarded a contract, BCIU is responsible for project implementation, which can include a series of meetings, site visits, roundtables, conferences, and receptions with foreign delegations. BCIU performs similar functions for the
Overseas Private Investment Corporation The Overseas Private Investment Corporation (OPIC) was the United States Government's Development finance institution until it merged with the Development Credit Authority (DCA) of the United States Agency for International Development (USAID ...
.


Training

The organization provides commercial diplomacy training to the U.S. foreign service and other U.S. officials involved in trade promotion agencies for the sake of improved intercultural literacy. All training programs are conducted at the Foreign Service Institute.


Ambassador Consultations

BCIU organizes consultations with American businesses for outgoing ambassadors to update them on current business and commercial matters affecting their country of jurisdiction.


Business practica

BCIU organizes a program that places
Foreign Service Officer A Foreign Service Officer (FSO) is a commissioned member of the United States Foreign Service. Foreign Service Officers formulate and implement the foreign policy of the United States. FSOs spend most of their careers overseas as members of U ...
s into companies for two to three months to gain practical experience after having completed the Foreign Service Institute’s economic and commercial training course.


Past functions

From 1957 to 1990, BCIU operated a cross-cultural training institute with support from
American University The American University (AU or American) is a private federally chartered research university in Washington, D.C. Its main campus spans 90 acres (36 ha) on Ward Circle, mostly in the Spring Valley neighborhood of Northwest D.C. AU was charte ...
. Launched by the Eisenhower administration as the BCIU Institute, the program was designed to prepare international executives to meet the personal and professional challenges inherent to working abroad. The curriculum of the BCIU sessions included language and cultural training, as well as briefings on the current state of the U.S., its foreign policy, and its slipping image abroad. The program now runs as the Intercultural Management Institute as a part of American University’s
School of International Service The School of International Service (SIS) is American University's school of advanced international study, covering areas such as international politics, international communication, international development, international economics, peace and c ...
.


Annual gala

Since 1984, BCIU has held an annual Gala in New York to celebrate partnerships within international trade and diplomacy. In 2003, BCIU introduced the Dwight D. Eisenhower Global Leadership Award, which honors a member of the business community for their leadership and achievement in the international arena; recent honorees include
Sergio Marchionne Sergio Marchionne (; 17 June 1952 – 25 July 2018) was an Italian-Canadian businessman, widely known for his turnarounds of the automakers Fiat and Chrysler, his business acumen and his outspoken and often frank approach, especially when dealing ...
and
Mukesh Ambani Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian billionaire businessman. He is the chairman and managing director of Reliance Industries Ltd. (RIL), a Fortune Global 500 company and India's most valuable company by market value. Acco ...
.


References

{{reflist Business organizations based in the United States