No. 45: Chrysler Group
|
Why It’s on the List
Making the list for the second year in a row, Chrysler shows a high level of accountability and has good best practices in place. Chairman and CEO Sergio Marchionne chairs the executive diversity council. The council meets monthly and establishes and signs off on diversity goals and metrics. Executive compensation is tied to council goals, and the council presents findings and recommendations to the board. Chrysler’s mentoring programs are cross-cultural and there are measurable goals for assessing success. The top three levels of management participate and there is cultural-awareness training for mentors. Mentoring programs are company-wide, and 70 percent of managers participate. The company has nine company-wide resource groups, which are used for talent development, mentoring, recruitment and diversity training. Senior executives are members of each group, and the groups are used for marketing. Chrysler measures the success of its resource groups through retention, promotions, contribution to the business and engagement. Diversity training is mandatory for all employees and is offered monthly. Specific diversity training is also provided for new employees. As is typical for this industry, supplier diversity is a high priority. Chrysler spends 8.1 percent of its total procurement with Tier I (direct contractor) minority-owned businesses and 7.6 percent with Tier II (subcontractor) minority-owned businesses. Procurement-management compensation is tied to successful supplier-diversity results, and supplier-diversity information is included in RFPs and/or vendor contracts. |
|||||
|
Diversity Leadership
|
|||||
|
|||||
|
Company Information
U.S. Headquarters: Auburn Hills, Mich. Global Employees: 52,000 U.S. Employees: 37,048 Last Year’s DiversityInc Top 50 Ranking: No. 50 |





