Supplier inclusion has taken root in the US and Canada, with many significant players having some of the most robust supplier diversity programs. However, the rest of the world may not even know what supplier diversity is. Even if they do, they might have different criteria for what diversity entails, as is the case in countries where nine out of ten workers are locals.
In this episode, we discuss what supplier diversity looks like outside the US and Canada. We describe why it’s critical for Corporate America to recognize the needs of clients who have no idea what supplier diversity is. We share how the current consumer mindset has forced many businesses to spearhead their supplier diversity efforts. We also discuss the complexities involved in creating an international supplier diversity report.
Topics discussed in this episode of Breaking Barriers, Building Hire Ground:
- What supplier diversity means in different parts of the world
- Addressing the needs of Corporate America to have a more international approach
- Why being an EU-owned company makes supplier diversity initiatives tough
- How consumers are pressuring American companies to begin looking into supplier diversity
- The complexity of supplier diversity in countries that are 90% homogeneous
- The feasibility of reporting international supplier diversity
Resources Mentioned:
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This podcast is brought to you by Hire Ground.
Hire Ground is a technology company whose mission is to bridge the wealth gap through access to procurement opportunities. Hire Ground is making the enterprise ecosystem more viable, profitable, and competitive by clearing the path for minority-led, women-led, LGBT-led, and veteran-led small businesses to contribute to the global economy as suppliers to enterprise organizations.
For more information on getting started please visit us @ hireground.io today!
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