Kathey K. Porter - Supplier Diversity For Dummies

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Extend the principles of diversity and inclusion to your company's suppliers
Supplier Diversity For Dummies,
Supplier Diversity For Dummies

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9 Part 5: Using Technology and Compliance to Enhance Supplier Diversity Chapter 15: Telling the World About Your Supplier Diversity Efforts Understanding Why Communication Is Crucial in Supplier Diversity Developing a Supplier Diversity Communication Plan Chapter 16: Establishing Supplier Diversity Metrics, Benchmarks, and KPIs Understanding the Importance of Metrics, Benchmarks, and KPIs Establishing Metrics, Benchmarks, and KPIs Seeing How Software Can Help You Manage Your Program Using Metrics to Tell Your Story Chapter 17: Understanding Tier 2/Subcontracting Spend Tracing the History of Subcontracting Stepping through the Levels: Tier 1, Tier 2, and Beyond Managing Subcontractors and Tiered Procurement Influencing Your Prime Vendors to Use Diverse Suppliers Knowing the Importance of Tracking and Utilizing Tier 2 Data Chapter 18: Getting a Grip on Goal Setting in Supplier Diversity Aligning Supplier Diversity Goals with Procurement Strategies Setting Goals with a Disparity Study Setting Goals without a Disparity Study Meeting Utilization Goals versus Adding Value Chapter 19: Tracking, Measuring, and Reporting Metrics in Supplier Diversity: It’s All in the Numbers Tracking Diverse Spend Measuring the Impact/Success of Supplier Diversity Efforts Being Aware of Problems in Reporting Reporting What Matters: Creating an At-a-Glance Dashboard Reporting to Senior Leaders and the Community

10 Part 6: Building a Career in Supplier Diversity Chapter 20: Becoming a Supplier Diversity Professional Understanding Job Titles and Job Descriptions Looking at Department Structures and Job Functions Supplier Diversity by Any Other Name: Examining Industry Terminology Landing a Job in Supplier Diversity Chapter 21: Supplier Diversity Certifications and Continuing Education Checking Out Certification Programs Staying Current with Continuing Education Digging into Degrees, Diplomas, and Other Education Options

11 Part 7: The Part of Tens Chapter 22: Nearly Ten Ways to Become an Effective Supplier Diversity Leader Be the Champion within Your Organization Be an Influencer Be an Advocate Be a Collaborator Know How Your Organization Works Know What to Ask For Know the Needs of Your Business Community Focus on Impact, Not Activities Focus on Driving Results Chapter 23: Ten (Plus One) Ways to Create a World-Class Supplier Diversity Program Connect Program Deliverables to Organizational Goals Develop Your 4 P’s to Be Small and Diverse Business-Centric Focus on Connecting Businesses to Opportunities Establish Your Place in Your Community’s Entrepreneurial Ecosystem Become Self-Sustaining: From Limiting to Limitless Invest in Analytics to Help Manage Your Program Cultivate a Supplier Development Program Using M.O.D.E. Don’t Be Afraid to Try New Programs Put a Compliance Program in Place Get Your Prime/Tier 1 Partners Involved Get out from Behind That Desk Chapter 24: Ten Myths about Supplier Diversity Supplier Diversity Will Increase How Much We Pay for Things Supplier Diversity Doesn’t Add Value Because It Doesn’t Generate Revenue Supplier Diversity Is Just a Feel-Good Initiative Supplier Diversity Is Too Confusing Supplier Diversity Doesn’t Impact Our Bottom Line Supplier Diversity and DEI Are Close Enough Our Name Alone Will Deliver Program Results Anybody Can Lead This Effort — Any Body We’re Too Busy to Devote Energy to Supplier Diversity Supplier Diversity Will Lower Our Standards

12 Index

13 About the Author

14 Advertisement Page

15 Connect with Dummies

16 End User License Agreement

List of Tables

1 Chapter 6TABLE 6-1 Comparing Leadership Structures

2 Chapter 10TABLE 10-1 Sample ObjectivesTABLE 10-2 Sample KPIs

3 Chapter 11TABLE 11-1 Levels of Supplier Diversity Transparency

4 Chapter 16TABLE 16-1 Common Supplier Diversity MetricsTABLE 16-2 Generating Meaningful Supplier Diversity BenchmarksTABLE 16-3 KPIs for Supplier Diversity ObjectivesTABLE 16-4 Sample Metric Comparison ReportTABLE 16-5 Metrics for the Story You Want to Tell

List of Illustrations

1 Chapter 1FIGURE 1-1: Supplier diversity title frequency.

2 Chapter 2FIGURE 2-1: Evolution of supplier diversity.

3 Chapter 3FIGURE 3-1: The supplier diversity management process.FIGURE 3-2: Supplier diversity interconnectivity.FIGURE 3-3: Supplier diversity management model.

4 Chapter 4FIGURE 4-1: Differences in measuring results.

5 Chapter 5FIGURE 5-1: The Seven Hats of the Supplier Diversity Professional.FIGURE 5-2: Supplier Diversity Procurement Relationship Model.

6 Chapter 6FIGURE 6-1: OCM in supplier diversity.FIGURE 6-2: Common procurement category segments.

7 Chapter 7FIGURE 7-1: Supplier Diversity value creation opportunity model.FIGURE 7-2: Communicating value by local/state government, federal government, ...FIGURE 7-3: Supplier diversity messaging alignment.

8 Chapter 8FIGURE 8-1: Supplier diversity ecosystem model.

9 Chapter 10FIGURE 10-1: The principles of supplier diversity planning.FIGURE 10-2 A comprehensive supplier diversity plan.

10 Chapter 11FIGURE 11-1: A win-win chart.

11 Chapter 12FIGURE 12-1: Vendor capacity building evaluation template.

12 Chapter 13FIGURE 13-1: Stages of supplier diversity programs

13 Chapter 14FIGURE 14-1: Managing stakeholder engagement using Mendelow’s Matrix.

14 Chapter 17FIGURE 17-1: Procurement tiers.

15 Chapter 20FIGURE 20-1: Supplier diversity careers framework.

Guide

1 Cover

2 Title Page

3 Copyright

4 Table of Contents

5 Begin Reading

6 Index

7 About the Author

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