The Resurgence and Economic Impact of Supplier Diversity Programs in America Featuring Ken Yearwood with McKinsey
Supplier diversity is not a new corporate initiative. In 1968, General Motors started what is generally recognized as one of the first supplier diversity programs in America.
The death of George Floyd in 2020 raised awareness of supplier diversity programs in the C-suite. Widespread demonstrations and public outcry drove renewed corporate interest and activism across industries and in companies of all sizes.
Almost immediately, the operational challenges associated with turning those intentions into reality at scale set in. Finding suppliers to partner with, setting the most appropriate KPIs…
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