Diversity MBA Magazine - April 2008 - (Page 33) TOP 50 COMPANIES — 2–50 advancing diversity, and supports long-standing cultural, ethnic, and festival traditions and experiences. 47 Genentech Inc. South San Francisco, CA 11,000+ employees www.gene.com The nation’s leading biotechnology firm, Genentech has been a champion of diversity for years. Two years ago, 43% of its workforce, 47% of new hires, and 31% of its officers and managers were minorities. Genentech launched its Diversity in Action plan in 2001. It’s basic tenets: Recruit a diverse talent pool; develop full potential; and include a diversity of perspectives. Genentech’s Diversity Network Associations are employee groups that engage in professional support/networking activities; participate in community outreach efforts; and sponsor cultural awareness activities. The groups include African Americans in Biotechnology , Filipino Americans Coming Together @ Genentech, Genentech Out & Equal, Genentech Women Professionals, Latino Professionals @ Genentech, South Asian Network @ Genentech, and Solidarity in Appreciation for Genentech Experienced Seniors. Genentech also has a Diversity Council made that meets monthly. in the academic, research, medical and cultural fields. Over the past several years, it has a record of recruiting, developing and maintaining a diverse, talented workforce, recognized in studies published by several leading magazines. It actively recruits/ hires members of underrepresented groups at all levels to achieve its objective of a highly diversified talent pool. TIAA’s Supplier Diversity Program, established in 1993, offers equal access and opportunity to minority- and women-owned businesses. Through this, the company has been able to identify/retain qualified minority-/women-owned businesses; increase the opportunities for them to develop mutually advantageous business relationships with TIAA; include one or more minority- and women-owned supplier in all bids or requests for proposals; and foster business opportunities between majority suppliers and minority-/ women-owned businesses. 50 Schering-Plough Corp. Kenilworth, NJ 55,000 employees www.schering-plough.com A $12.7 billion pharmaceutical company, Schering considers a diverse, inclusive, and engaged workforce culture a critical element in achieving its six-to-eight year Action Agenda to transform the company into a high-performance global organization for the long term. Of its workforce, 47.7% are women, including 36.9% officials and managers, and 25.6% are minorities, of which 20.2% are officials and managers. Schering developed a diversity and inclusion vision of developing a “new kind of healthcare company that is global in structure and outlook, diverse and inclusive in its culture,” and a diversity mission dedicated to “build leadership and organizational capacity to create value out of our global dimensions of diversity and inclusion.” The company also pursues a strategic sourcing approach to identifying and developing beneficial working relationships with diverse suppliers certified by the Small Business Administration, National Minority Supplier Development Council or Women’s Business Enterprise National Council. 48 McDonalds Corp. Oak Brook, IL 390,000 employees www.mcdonalds.com McDonald’s is the leading food-service retailer in the world, with over 30,000 restaurants that serve 52 million people in over 100 countries daily. Over 70% are owned and operated independently. At 40.7%, McDonald’s has the largest number of minority and female franchisees in the quick service industry. Over 25% and 24% of company officers are minorities and women, respectively, and 26% and 46% of middle-management employees are minorities and women, respectively. Employee groups provide career development, advocacy, support, recruitment/retention assistance, performance feedback, etc. McDonald’s purchases from minority and women-owned suppliers exceed $3 billion. It holds seminars such as Winning with Diversity and Inclusion, Asian/Black/Hispanic Career Development, Diversity & Inclusion from a White Male Perspective, and more. McDonald’s also has partnerships with organizations such as Catalyst, National Urban League; NAACP, and La Raza. 49 TIAA-CREF New York, NY 7,500 employees www.tiaa-cref.org TIAA-CREF is the leading retirement system for those 33 M arch 2008 Top 5 0 Co m p ani e s http://www.gene.com http://www.schering-plough.com http://www.mcdonalds.com http://www.tiaa-cref.org
For optimal viewing of this digital publication, please enable JavaScript and then refresh the page. If you would like to try to load the digital publication without using Flash Player detection, please click here.