Diversity MBA Magazine - April 2008 - (Page 31) TOP 50 COMPANIES — 2–50 involvement; and evaluating the diversity performance of leaders against diversity objectives, ensure accountability and provide effective feedback. Darden’s Community Alliance Program, in 11 cities, involves its directors and managers serving as community ambassadors, keeping its Diversity Affairs team abreast of community needs and opportunities. It also works with chambers of commerce to grow business development, networking and mentoring, and connecting with minority-owned businesses. 40 PricewaterhouseCoopers International Ltd. New York, NY 146,767 employees www.pwc.com One of the world’s largest accounting and accounting-services firms, PwC’s diversity efforts began increasing when it realized women represented half its global workforce at the recruitment level, but only 13% of partnership. To address the situation, it established the Gender Advisory Council, an international group that advises on ways to improve the situation by developing time/resources that focus on female talent. It paid off; over half of PwC’s new hires each year are women and their representation at the partner level increased by 30% percent from 2001 to 2006. Other diversity initiatives are designed to attract, develop, and advance the most talented individuals. To this end, the company has many employee community circles which act as forums for professionals to connect with each another. PwC also holds an annual Diversity in Business Leadership Conference designed to help high-performing staff develop leadership skills. The company also supports programs that certify, train, and develop diverse suppliers. over 160 countries, acrosscultures, functions, language barriers, and other differences. Its commitment to diversity, to “embrace the diverse perspectives of all people and honor with both dignity and respect,” is part of the company code of ethical practices. Cummins’ strict Treatment of Others Policy is implemented at every global site. It measures its representation globally, and requires that recruitment and development efforts be targeted to build a more diverse employee base. It has established employee Affinity Groups and local Diversity Councils to further diversity initiatives. Its Diversity Procurement initiative sets annual diverse spend targets for all business units, related training is part of the company’s standard curriculum, and Cummins has increased its participation and active involvement in minority trade shows, conventions and organizations. 42 Fannie Mae Washington, DC 5,700 employees www.fanniemae.com Fannie Mae provides funds to mortgage lenders through the purchase of mortgage assets, and issues and guarantees mortgage-related securities that facilitate the flow of funds into the mortgage market in the 41 Cummins Inc. Columbus, IN 33,500 employees www.cummins.com Cummins is a global power leader that designs, manufactures, sells and services diesel engines and related technology around the world. Its 33,500 employees operate in M arch 2008 Top 5 0 Co m p ani e s 31 http://www.pwc.com http://www.fanniemae.com http://www.cummins.com http://www.cummins.com http://www.cummins.com
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