Diversity MBA Magazine - April 2008 - (Page 29) TOP 50 COMPANIES — 2–50 and is influential in its supplier diversity program, workplace programs, community involvement and corporate philanthropy. The company board of directors created a Diversity and Community Relations subcommittee, responsible for formulating strategies for Compuware diversity objectives. 33 Xerox Corp. Norwalk, CT 57,400 employees www.xerox.com Xerox is the world’s leading document management technology and services firm, with $17 billion in sales. Its dedication to diversity starts with Chairman/CEO Anne M. Mulcahy, who believes, “The most diverse companies … are the most successful over time.” Xerox’s employee roster consists of over 30% African-Americans, Latinos, Asians and Native Americans. The firm has been rated as one of the Top 10 companies in hiring Minorities, Women, Disabled and gay/lesbian employees by Fortune, Forbes, Working Mother, Latino Style, and Enable magazines. In addition to an award-winning supplier diversity program, Xerox has established several initiatives to foster a diverse corporate community. Its employee caucus groups advocate openness, opportunity and inclusion across the firm. The Xerox Diversity Council, a 15-member executive body supported by the CEO, offers reviews, recommendations, and advice on practices, supports plans and assesses performance in the area of maintaining diversity. 31 Cadbury Schweppes Americas Beverages Plano, TX 19,000 employees www.brandspeoplelove.com A subsidiary division of Cadbury Schweppes plc, CSAB is one of the largest producers of soft drinks and premium beverages in the Americas, including wellknown brands such as Canada Dry, Dr Pepper, 7-UP, Snapple, Mott’s, RC Cola, A&W Root Beer, Hawaiian Punch, Orangina, Yoo-Hoo, Sunkist Soda, RealLemon, Country Time, Crush, and many more. The firm actively recruits diverse MBAs by partnering with the National Black MBA Association and the National Society of Hispanic MBAs. It participates in both organizations’ annual conferences and with the local chapters. Other CSAB diversity activities include its Diversity Steering Committee, which develops diversity standards and strategy; the Mentoring Program, targeted toward facilitating career development; Diversity Metrics, which tracks and reviews data and address any developing patterns; and Diversity Training, aimed at increasing knowledge of diversity matters and how to communicate cross-culturally. 34 Colgate-Palmolive Co. New York, NY 40,000 employees (E) www.colgate.com Originally established in 1806 by William Colgate as a soap, starch, and candle company, the Colgate-Palmolive names were first joined together in 1928. The company is a producer of oral, personal, and homecare products with $13.7 billion in sales. P&G’s objective is to promote an inclusive environment. Part of this commitment is a focus on constantly strengthening its mentoring, training and work/life balance programs. Valuing Colgate People is a mandatory employee-training program designed to encourage employees to recognize, value and respect others and practice skills that encourage, motivate, and develop all employees. It also incorporates managing with respect, understanding work and family/life issues, valuing race and ethnicity, ensuring opportunities for people with disabilities, and valuing gender. Colgate has affiliations with numerous diversity organizations, and its Supplier Diversity Team encourages relationships with minority-/women-owned businesses, and its Multicultural Marketing Organization concentrates on driving growth in the Hispanic American, AfricanAmerican and Asian-American markets. 32 Sears Holdings Corp. Hoffman Estates, IL 520,000 employees www.searsholdings.com SHC is the parent company of Kmart and Sears, Roebuck and Co., and the country’s fourth largest broad line retailer with over $50 billion in annual revenues and approximately 3,800 stores in the US and Canada. Its key proprietary brands include Kenmore, Craftsman, DieHard, Lands’ End, and Martha Stewart Everyday. The firm has addressed the importance of diversity to a point where it is considered “business as usual.” Its Five Pillars of Diversity include a focus on customers, employees, shareholders, the company as a whole, and the community. It recruits at historically Black colleges and universities and through minority organizations, and its Chairman’s Diversity Advisory Council meets with the CEO quarterly to recommend initiatives to improve diversity performance. Every employee’s performance is measured for diversity and inclusion, and mentoring is provided to women and minority employees. Sears has an aggressive approach to supplier diversity, endeavoring to provide minority businesses with maximum opportunities. 35 Lowe’s Companies Inc. Mooresville, NC 215,000 employees www.lowes.com The second-largest home-improvement retailer in 29 M arch 2008 Top 5 0 Co m p ani e s http://www.xerox.com http://www.brandspeoplelove.com http://www.colgate.com http://www.searsholdings.com http://www.lowes.com
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