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Your email address will not be published. Our interventions … Key steps in identifying and increasing opportunities for under-represented suppliers: STEP FIVE – ESTABLISH MINORITY SUPPLIER DEVELOPMENT PROCESSES. Eventually, your program might grow to encompass many different groups, but defining a clear starting point will help you get things off the ground. The Diversity and Inclusion Strategic Plan covers five years, FY 2016 -2020, and will guide CFPB’s efforts in promoting diversity and inclusion in its workforce, its supplier diversity efforts, and its work to promote diversity among regulated entities. Capture feedback from under-represented suppliers that did not apply after making enquiries, or who did not submit tenders when invited to do so. Gaining this support and establishing this connection early on will make it easier to gain support for new initiatives and access the resources you need to run your program. It’s impossible to understand how far you’ve come if you don’t know where you started. Sustainability These standards—along with strategies and actions the Board will take to achieve them during the plan period—are described in further detail in the next section. By integrating supplier.io’s robust database of verified diverse businesses, Suplari customers can quickly determine their supplier diversity status – and develop an action plan and KPIs to meet corporate goals. The Supplier Diversity Corporate Plan expresses the Postal Service’s commitment to the SMWOB community. Some of the firm’s diversity goals include: ! As a first step these existing tools can be used to promote the ethos of supplier diversity and why the company has embarked on this initiative. Xerox’s supplier diversity mission is to proactively identify, build relationships with, and purchase goods and services from certified small businesses as well as enterprises owned by minorities, women, veterans, members of the lesbian, gay, bisexual, and transgender (LGBT) community, and disabled persons that can help Xerox achieve its corporate objectives. For instance, you may choose to focus specifically on women-owned businesses, ethnic minority-owned businesses, veteran-owned businesses, or some other diverse supplier group. A company can choose all or any aspect of supplier mentoring and development. Cookies also allow us and our partners to show you relevant ads when you visit our site and other 3rd party websites, including social … Our events. Thanks again for considering me for your event. For Contractors and Sub-Contractors Affirmative Action Plan (AAP) Format To be completed and submitted to supplierdiversity@uconn.edu, for projects valued at greater than $500K, within ten (10) days of receiving a Letter of Intent from Capital Projects and Facilities Procurement (CPFP). But where should you begin? 01/25/2019 Page 2 of 3 The Department will use the five best practices developed by the Community of Practice Action … In addition to identifying what metrics to track, lay out how frequently you’ll report on your progress and how you’ll go about sourcing the data you need. Just as with any business goals, having a clear action plan for implementing your D&I strategy is necessary for achieving it. We will measure our success based upon our ability to attain and exceed these objectives. Without diversity, companies will continue to miss out on innovation and insight to capitalize on future opportunities and the drivers of growth. In an increasingly diverse marketplace, making every effort to include minority businesses among suppliers, always on the basis of merit, makes good business sense. Arcos Dorados, one of McDonald’s Franchisees in Latin America, has diversity and inclusion as one of its strategic pillars and a key part of its long-term strategic plan. In fact, between 1997 and 2002, 50 percent of the growth of all firms came from minority businesses alone. Creating a more inclusive supply chain that values diverse-owned businesses is the right thing to do … Use those factors as a guide for setting your program’s short- and long-term goals. Under-represented development and capacity building are an important element of a company’s supplier diversity efforts. Creating an internal communication plan will help you keep everyone in your organization on the same page with regard to program goals, initiatives, and current challenges. Sin ce its creation, the CFPB has worked to build our diversity and inclusion program to reflect the importance we … I am also VP and Chief Diversity Officer at Hewlett-Packard Enterprise. The subject of diversity covers a broad spectrum of issues.‘Affirmative action’ as practised in the USA where public sector bodies are required to source 25% of their goods and services from‘diverse’ suppliers, is not a requirement in the UK. The Council leads our inclusion and diversity strategy, resulting in a global approach that is tailored for our organisation. It is for each company to establish the appropriate supplier development goals and objectives for their program and to develop appropriate initiatives within those parameters. Each member receives one complimentary attendance at First Step each year (additional attendance is $499 per person). For more tips on how to build a successful supplier diversity program, download our latest whitepaper below. Equipped with unparalleled data intelligence, superior technology and expert guidance, businesses can effectively establish and advance their Supplier Diversity initiatives. When a Supplier chooses to include Local Aboriginal Content there is a four-step process, as outlined below, which begins with the RFP and ends with fulfilling commitments at the end of the contract period. For instance, if you’re planning to report on tier 2 diverse spend, how will you get this information from your suppliers on a routine basis? Along with laying out a clear internal communication strategy, consider how you’ll communicate with your suppliers, both current and future. In contrast, overly vague or lofty goals (e.g., “partner with only diverse suppliers”) can be immobilizing because they don’t provide clear direction or parameters for success. Metro’s Diversity Action Plan envisions a future where diversity practices improve Metro’s responsiveness to the residents of the region, strengthen Metro’s workforce, and distinguish Metro as a model for other governments. The Supplier Diversity Manager also coordinates educational forums for suppliers to network with business managers and review how they are performing as a strategic partner for AMN. Despite these regional differences in implementation, the business case for global supplier diversity is consistent. For instance, a business driver might be the price of the materials that are used to create your product or customer demand. Lesbian, Gay, Bisexual, Transsexual-owned businesses, Why should these groups be considered? DDA Supplier Diversity Action Plan Item Status Comments / Plan to Resolve 1 Recruit and Identify MWBEs 1.1 Review certified M/WBE and self certified ccr.gov vendors direct spend, encourage applicable vendors to certify with OMWBE On-going DDA reviews M/WBE identified firms on the OMWBE website, if the firm is not on the list, the firm is advised to contact OMWBE to become … The Plan emphasizes our commitment to diversity as it relates to our vendors, our business partners and our community. The Global Supplier Diversity action plan acts as a means of ensuring that there is a corporate-wide commitment to Global Supplier Diversity and everyone across the organization shares common processes and measurements in implementing. Publish a comprehensive Diversity and Inclusion (D&I) report, internally and externally, which will support a data-driven approach to progress and increase visibility and accountability (April 2021, coinciding with 2020 corporate reporting).. 2. company first implemented a corporate supplier diversity policy, it did so without any government or customer mandates. In the 2017/18 financial year, we increased our spend with Supply Nation registered businesses by 450%, this aligns with the implementation of our first RAP. Gaining this support and establishing this connection early on will make it easier to gain support for new initiatives and access the resources you need to run your program. The forum meets quarterly to discuss common issues and share good practice. The Department will use the five best practices developed by the Community of Practice Action Team as guidance for meeting its supplier/business diversity goals and objectives contained in the Equity, Diversity, Inclusion & Respect roadmap. The plan helps Metro identify ways to value diversity and demonstrate cultural competence in carrying out its mission. Supplier diversity is a business strategy that drives the inclusion of diverse-owned businesses in the procurement of goods and services within an organization. Being invited to the dance. Board and senior management need to create and invest in a diverse talent pipeline across all levels and mentor individuals to eradicate the unconscious bias currently holding back some of their top talent. Before embarking on a global supplier diversity program journey it is essential to develop a succinct corporate-level policy which defines the primary objectives and benefits of this program for the company, the employees, company shareholders, and for the communities in which the company operates. Inclusion: A practice of encouraging belonging and participation and celebration of differences. Think of diversity and inclusion as a Rubik’s cube. 4. To figure out which issues to focus on for your company, you need to first know the facts. Non-diverse existing and new suppliers may also need to be reassured that they will not be losing business as a result of the global supplier diversity program but that it will be used to ensure more inclusivity amongst a wider supplier base. Acknowledging and meaningfully integrating different forms of social difference — such as race, gender, sexual orientation, or even age — is a multi-dimensional, tiered puzzle with myriad interconnected parts. BSE Global, which owns the Brooklyn Nets and Barclays Center and supports management of the New York Liberty, has launched its Supplier Diversity Program, an … The goal for each SMWOB category is expressed … Save my name, email, and website in this browser for the next time I comment. The most sophisticated supplier diversity initiatives have developed around the idea that supplier diversity should be a strategy that accentuates a corporate plan of action and should be comprised of a set of processes that identify historically underutilized population groups that bring solutions which support that corporation’s needs. orkbook alent Acquisition K. DIVERSITY AND INCLUSION (D&I) PLAN FOR TECHNOLOGY SMBs 3 DIVERSITY AND INCLUSION (D&I) PLAN FOR TECHNOLOGY SMBs INTRODUCTION Can we talk? Then, compare your current numbers to industry benchmarks. The USF System Office of Supplier Diversity (USF. The model described below adapted from a system originally developed by sourcing professionals among the membership of the organization Minority Supplier Development UK. Company intranets, team meetings, newsletters, notice boards, internal networks are some of the most common tools used to communicate. Every successful supplier diversity program was born out of a comprehensive strategic plan. Supplier diversity forum This is a voluntary group of representatives from first tier suppliers. Communication Plan: SAMPLE DIVERSITY AND INCLUSION STRATEGY AUDIENCE KEY MESSAGES COMMUNICATION CHANNEL Employees Diversity & inclusion strategy, programs, events, training, volunteering, success stories, key data on Leveraging our supplier diversity results to meet our clients’ supplier diversity requirements. Supplier Diversity 2016 Launched NextGEN TMRG Signed White House’s Equal Pay Pledge Launched best-in-class parental leave policies a nd adoption assistance Hired 10,000 veterans in three years, reaching goal 2 years early Established Global Apprentice Network for our youth Recognized as DiversityInc Top 50 Companies for Diversity (#42) Recognized as a Great Place … In 1992, it launched its Supplier Diversity Program, the PROUD SIGNATORY TO THE CHARTER FOR ACTION. STEP FOUR – INCREASE OPPORTUNITIES FOR DIVERSE BUSINESSES. Contrary to misconceptions, supplier diversity does not have to cost more and may provide tangible benefits to the bottom line. Developing targets both strengthens commitments and helps assess progress, providing accountability and recognition throughout the organization. Over the past 10 years, minority-owned businesses have grown at approximately double the rate of all firms in the U.S. economy. The Diversity and Inclusion Strategic Plan covers five years, FY 2016 -2020, and will guide CFPB’s efforts in promoting diversity and inclusion in its workforce, its supplier diversity efforts, and its work to promote diversity among regulated entities. ALCOAST 252/20: The release of the Coast Guard Diversity and Inclusion Action Plan 2019-2023; Total Workforce D&I Action Plan Guide; Unit Leaders D&I Action Plan Guide; D&I Leadership Guide for the Action Plan Rollout; ALCOAST 277/20: Prohibition of Public Display or … Although it may sound obvious, if you forget to establish a reporting baseline up front, it will be hard to gauge your progress down the road. Our diverse perspectives come from many sources including gender, race, age, national origin, sexual orientation, culture, education, as well as professional and life experience. business process restructuring, managing growth, executive development, Measuring the number of under-represented suppliers at the outset of the program and then on annual basis, Measuring the spend with under-represented suppliers at the outset of the program and then on annual basis, Measuring the overall value of opportunities offered to under-represented suppliers over a set time period, Measuring the number of under-represented suppliers included in the RFP/RFI stage of tenders offered, Measuring the number of under-represented suppliers who go through the full tender process and are shortlisted, Reviewing and implementing a tool to capture activity through different parts of the business (through mandatory fields for example) and provide an audit to demonstrate compliance and by which companies can be audited by customers/suppliers. Your program may be run by a few individuals, but you need a means of communicating and collaborating with your entire organization. DIVERSITY ACTION PLAN June 30, 2017 Primary Contact Elaine A. Wilson, Director of Cultural Diversity elaine.wilson@kctcs.edu . It is for companies that have identified the business case and need for diverse suppliers and are looking for practical guidance on how to engage them within supply chains. Black-owned suppliers by the end of this year ; Creating a Diversity Council/Advisory Board (GM, HPE) Investing sizable cash money in good D&I causes — Example: Adidas committing $120 million to causes related to ending racial injustice between now and … Understand the internal spend and external market, Communicate supplier diversity goals internally and externally, Develop learning and training opportunities for underrepresented businesses. ), construction projects, professional services and leasing activities. The George Washington University School of Medicine and Health Sciences Diversity and Inclusion Action Plan (PDF) Rush University Medical Center Plan for Diversity … CEO support and senior management commitment is the first step towards developing a sustainable program; however it is equally important to develop a robust action plan that is cross departmental and cross functional. What types of certifications will you accept? It will be difficult to encourage staff to do things differently but allowing them an opportunity to ask questions and engage in debate can be fundamental to motivating behavior change. When building out a global supplier diversity program, a company must develop a set a guiding principles and polices specific to global expansion. Supplier Diversity Program We launched our Supplier Diversity Program in 1992 to build supplier relationships with minority- and women-owned business enterprises. As a small business owner, could your diversity and inclusion (D&I) efforts use a little help? While some process and policy consistency is required, supplier diversity programs must be adapted to reflect the cultural and societal norms of the geographies in which they are implemented. This program is part of the five-point action plan established by Clara Wu Tsai and Joe Tsai, owners of BSE Global, to support social justice and equality initiatives that directly benefit the local Black, Indigenous, and People of Color (BIPOC) community. This six step process is a roadmap to help companies on the journey towards establishing an effective supplier diversity program. The SEC developed this Diversity and Inclusion Strategic Plan (Plan) for Fiscal Years. Creating this framework up front will help you align your organization behind common objectives and empower the growth of your supplier diversity program down the line. I frequently discuss this business case in the context of what I refer to as “the three C’s of supplier diversity“. supplier diversity performance has been slow to expand outside of the United States. Although statutorily exempt from the Small Business Act, the Postal Service establishes annual goals that represent the maximum practicable oppor-tunity for SMWOBs to participate in the performance of contracts. Our bite-sized member training series is held … Increase the number and variety of means used to reach under-represented suppliers and create a deadline for setting up mentoring programs, for example via Meet the Buyer events and company website etc. Site traffic information and cookies . External communication will also need to address issues and questions such as: Some ways of communicating messages externally are through company web sites, this can be particularly helpful as it allows external stakeholders to get answers to most of these frequently asked questions. Unilever inclusivity plan to tackle living wage, diverse suppliers, ad stereotypes. Managers should be prepared to communicate plans to their respective departments and to help build commitment. Key elements should look at the company’s strategic sourcing process and establish actions at each stage that enable the identification and inclusion of underrepresented businesses: STEP THREE – ESTABLISH AN INTERNAL AND EXTERNAL COMMUNICATIONS STRATEGY. What does your data, both qualitative and quantitative, show? Acknowledging and meaningfully integrating different forms of social difference — such as race, gender, sexual orientation, or even age — is a multi-dimensional, tiered puzzle with myriad interconnected parts. Internal Communication – Most companies have well established methods of communication with its people. 4 Diversity and Inclusion Strategic Plan … Below, we’ve outlined seven key steps to follow to set your organization up for success. Our focus will remain on inclusion and opportunities for local suppliers/businesses. 4 Diversity and Inclusion Strategic Plan … Without top-level support it can be very difficult to convey a call to action down through the company. BAME workers and women are also … A model Global Supplier Diversity action plan should act as a guide for any department within a company to embed the process within its function. As you establish a reporting framework and guidelines, make sure to keep these best practices in mind. Local Aboriginal Content Plan . The diversity of our people is our biggest asset and it’s what makes bp a great place to work. Sample Strategic Plans. First Step is held once per quarter around the country. If your goal is to increase your diverse spend by 5 percent by the end of the quarter, for example, you’ll want to track the number of diverse and non-diverse contracts your company earns. The Civil Service diversity and inclusion plan ... by taking positive action and building a culture that champions diversity and inclusion . Examine your existing contracts and record current metrics for diverse count, diverse spend, market share, and other key metrics to serve as a baseline of comparison. Since 2017, Cigna has been a signatory to CEO Action for Diversity and Inclusion, which is the largest CEO-driven business commitment to advance diversity and inclusion (D&I) within the workplace. Provide leadership and clearly defined strategy and process, Communicate success stories to demonstrate the positive contribution that minority suppliers are making to supply chain, Forecast and communicate future sourcing requirements, Educate and train buyers and suppliers to achieve greater success, Identify training and mentoring programs, tools and resources that already exist, Identify various training, procurement training programs delivered by the Government or through other industry partners, Identify resources to fund and deliver these programs, Different supplier development program options, Preliminary / supplier introduction stage, Post-delivery stage – to prepare suppliers for growth, Training on softer business skills e.g. On a basic level, defining the scope of your program means identifying what diverse categories your program will focus on. It can promote innovation, improve brand perception, positively impact local economies, drive vendor competition, and improve your company’s bottom line (just to name a few). In sum, we appreciate and respect diversity in all aspects of our business Supplier Diversity. Program measurement – Position the supplier diversity metrics to track the effectiveness of the supplier diversity program and link to company objectives by: Defining how, when and what is to be measured; some example metrics include: Your email address will not be published. Workplace inclusion 4. Supplier diversity 5. Strategic Plan . AT&T’s business strategy and a key component of its plan to deliver the best products and services to its customers. To look for opportunities to work with diversity suppliers in all aspects of AT&T’s business—from advertising to central office engineering, computers, outside plant construction, and network provisioning. • Highlight GovConnection as a Diverse Employer on Auburn Measure: Strategy published; relationships generated from supplier fair GovConnection Plan for Auburn University GovConnection Plan of Action • Communicate manufacturers available through GovConnection that meet Diversity Requirements for publication on Procurement Website. As well as encouraging suppliers to have diversity amongst their respective partners, Unilever will seek to equip 10 million young people with skills to prepare them for better job opportunities by 2030. Creating a Plan for Diversity and Inclusion: A Step-By-Step Guide for Your Firm. This full-day session introduces supplier diversity, and equips attendees with a supplier diversity action plan to implement on their return to the business. Key elements should look at the company’s strategic sourcing process and establish actions at each stage that enable the identification and inclusion of underrepresented businesses: Doing so will help you identify clear areas for improvement and allow you to gauge whether the goals you set are realistic (and adjust accordingly). Program Commitment. Once you’ve identified clear goals, it’s time to start thinking about what metrics you’ll use to report on your progress. But failing to define your program’s scope and policies up front can result in unnecessary headaches down the road. This increase will be achieved by working with all USF System Purchasing Agents, Departmental Buyers, Facilities Planning and … According to recent research from the Hackett Group, there is no evidence that companies that pursued supplier diversity programs had less effective operations. This finding was based on a study of 50 … For instance, if one of your main business drivers is brand perception, your goals may involve showcasing your new supplier diversity program in your marketing and PR efforts. “The BSE Global Supplier Diversity Program is part of our company’s broader business diversity efforts as we … We can look at these training programs in three different stages of supplier engagement: Here are some examples of different types of training, development and mentoring that can be provided at different stages of a supplier’s engagement with a company: As with any program, setting objectives and suitable benchmarks for supplier diversity is crucial. Reconciliation Action Plan. In a way this is the essence of any good supplier diversity program and the one that will most impact the reputation of the company amongst suppliers. This statement should be endorsed by a senior figure within the company, for example CEO, Chairman or Chief Procurement Officer (CPO), as a demonstration of senior level commitment to the global supplier diversity program. Introducing Supplier Diversity: The Global Edition. The objective of the 201718 Strategic Plan is to outline how the Office of Supplier - Diversity will lead the efforts in the implementation of the University’s pro-active diverse supplier business strategy by focusing on several key implementation components including policy development, marketing and communications plan When it comes to supplier diversity, our key areas of focus are: Increasing investment: We strive to increase the number of Aboriginal and Torres Strait Islander suppliers working with our business while also increasing spend with our current indigenous suppliers. Workforce diversity 3. Most small business owners … Although statutorily exempt from the Small Business Act, the Postal Service establishes annual goals that represent the maximum practicable oppor-tunity for SMWOBs to participate in the performance of contracts. We actively listen to the needs of our members. Learn More. Diverse Supplier Plan A Partnership with Auburn University and GovConnection . It is important to note that the Aboriginal plan is an integral part of the Supplier’s A model Global Supplier Diversity action plan should act as a guide for any department within a company to embed the process within its function. Explain process of reaching out to these businesses with potential business opportunities, training and mentoring program, financial and technical assistance, What are the benefits for the company, its shareholders and the community. The aim is to not only create a sense of understanding but to also engender confidence in the program and in the overall approach. By aligning supplier diversity goals and initiatives with overhead business objectives and known business drivers, you’ll earn the confidence of the C-suite and stakeholder buy-in. Integration also ensures new opportunities to contract with diverse suppliers are front and center for finance leaders and budget owners as they develop monthly, … When it comes to supplier diversity, our key areas of focus are: Increasing investment: We strive to increase the number of Aboriginal and Torres Strait Islander suppliers working with our business while also increasing spend with our current indigenous suppliers. The Supplier Diversity Corporate Plan expresses the Postal Service’s commitment to the SMWOB community. Before investing resources on developing under-represented supplier development program, research should be conducted to: A model under-represented supplier development program should aim to look at various aspects of training and business growth needs. Sustainability These standards—along with strategies and actions the Board will take to achieve them during the plan period—are described in further detail in the next section. DDA Supplier Diversity Action Plan Item Status Comments / Plan to Resolve 1 Recruit and Identify MWBEs 1.1 Review certified M/WBE and self certified ccr.gov vendors direct spend, encourage applicable vendors to certify with OMWBE On-going DDA reviews M/WBE identified firms on the OMWBE website, if the firm is not on the list, In order to get a pulse on employee sentiment, consider conducting engagement surveys, which are an effective way to measure whether employees feel like they belong. Remember the key business drivers you established in step one? A diversity and inclusion (EDI) action plan for 2017-2018 will see the firm identify areas in which improvements can be made by its Advance Employee Network. Our employee networks comprise of: GEN (gender); The NETWORK (Race); ABLE (Disability); Spectrum (LGBTI+); a:gender (Trans and Intersex) and five faith-based groups from Christian, Hindu, Jewish, Sikh and Muslim beliefs. An essential element for your supplier diversity program is a policy outlining what the program is, who it includes, what the program goals are, and how you will achieve those goals. CALL TO ACTION . Workplace inclusion 4. Unconscious Bias and the Diversity Action Plan Workbook. 2. The outcome of the evaluation and review will guide the development of further action plans. Diversity within the supplier base is of particular relevance to purchasing and supply management. improving presentation skills, Training on different e-procurement tools like e-tender, reverse auction, Training on quality, health & safety policies, Capacity building training e.g. Diversity focuses on representation. 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