Business Diversity

Effective Business Diversity efforts require trust.

Increasingly companies are pursuing diversity and inclusion initiatives due to internal and external pressures. Wherever your organization is on its journey, we can help.

Contact us to learn more about our approach to your Supplier Diversity Assessment

Five Steps to Improving Your Business Diversity Program

Design & Build Your Business Diversity Strategy

Analyze Your Supplier Diversity Data

Implement, Measure, Manage Your Business Diversity Program

Develop Insightful & Compliant Business Diversity Reporting

Tell Your Business Diversity Story

Business Diversity is a key component of economic impact and inclusion.

The Bottom Line?
Business Diversity Can Help

  • Improve the reputation in your community 60% 60%
  • Break the status quo and provide an expanded talent pool of suppliers 70% 70%
  • Customers’ expectation of companies to increase Diversity, Equity & Inclusion (DEI) efforts 80% 80%
  • Meet regulatory requirements and enhance your Environmental, Social and Governance (ESG) performance 90% 90%
  • Create loyalty with your clients 100% 100%

The Hackett Group’s Supplier Diversity Study found that companies who dedicate 20% or more of their spend to diverse suppliers can attribute as much as 15% of their annual sales to supplier diversity programs. Depending on annual sales numbers, previous studies have put the ROI of a supplier diversity program as high as 133%.

Read more from Michigan State about the “The Importance of Diverse Suppliers Within the Supply Chain”