Cultural Intersection of Organizations’ Supplier Development and Diversity & Inclusion Strategies: “Achieving Success through the Integration of Parallel Business Drivers” Eric Watson, Carolinas-Virginia MSDC Neddy Perez, Ingersoll Rand Lois Cooper, LMH Strategies, Inc FORUM ON WORKPLACE INCLUSION

Objectives Help D&I Practitioners better understand the intersection points with Supplier Diversity Identify opportunities to increase cross collaboration between both groups Provide resources that can help increase awareness and understanding of supplier diversity

What are the Major Focus Areas of D&I Today? Cultural Competence Community/Employer Brand Building Talent Pipeline Support Employee Engagement Marketplace Connectivity Social/Emotional Intelligence Unconscious Bias Diversity Consciousness

What are the Major Focus Areas of Supplier Diversity Today? Capacity Development Revenue Growth Wealth Creation Reporting

Intersections for Alignment

Adecco’s Story When did program start Major accomplishments Opportunities where collaboration took place

Ingersoll Rand’s Story Supplier Diversity sits in Procurement/Supply Chain Organization with dotted line to Diversity & Inclusion Dept. Established program in 2012 No reporting Passive involvement 2.3% spend Today 5.7 % spend = to $300 million Tracking and reporting mechanism Intersection Points Built efforts into Diversity Strategy, Diversity Council, part of Diversity Team Meetings Reporting is part of Business Unit Diversity Action Plans Ambassador Program for Employee Resource Groups Supported $50K Foundation Grant for Mentoring Businesses Collaborate on Communications articles internal/external

Learning Activity

Guidelines for Learning Activity Identify a facilitator at your table Identify a reporter at your table Take 10 minutes to discuss the following questions: What are some of the challenges that you foresee facing in building a relationship Are there events or activities that you could jointly engage in Are there opportunities to collaborate on communications or training Report out 1-2 major learnings

Wrap-Up Leverage the intersections for organizational understanding

Reading & Information Resources Reading Resources: MBE Magazine Capacity to Succeed, Melvin J. Gravely Musing on Minority Business Development, Dr. Fred W. McKinney Winning with Customers, D. Keith Pigues and Jerry D. Alderman We: The Ideal Customer Relationship, Steve Yastrow Cultural Intelligence, David C. Thomas and Kerr Inkson Winning, Jack Welch The Why of Work, Dave Ulrich Reinventing Diversity, Howard J. Ross The Game Changer, A.G. Lafley and Ram Charan Learning Opportunities: National Minority Supplier Diversity Certificate

Questions What’s on your mind?