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The 25 Noteworthy Companies
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The 25 Noteworthy Companies were
close to making The 2006 DiversityInc Top 50 Companies list and all excel in
at least one, and in most cases several, of the four areas we measure—CEO commitment,
human capital, corporate communications and supplier diversity. These companies
are close to the Top 50, which makes them head and shoulders above the rest
of corporate Here are the 25 Noteworthy
Companies in alphabetical order, as these companies are not ranked: Accenture: This company should be noted
for its commitment to its employee-resource groups and its stellar
supplier-diversity efforts, including mandatory Tier II supplier diversity,
formal training and mentoring for diverse suppliers, and required third-party
certification. Army Air Force Exchange Service: Human
capital is the strength here—with a work force that is 57 percent people of
color and management that is 43 percent people of color and 64 percent
women. AstraZeneca: The pharmaceutical company
deserves praise for its diversity progress. It has increased the representation
of people of color in its work force from 18.8 percent in 2002 to 28 percent as
of the end of 2005. That compares with 34 percent for the Top 50 average, so
there's still room to grow. AstraZeneca's big focuses have been on
recruitment—including an emphasis on recruiting people with disabilities—and
retention. A major reason for its progress in its employee demographics is the
company-funded and company-sponsored networking groups and work/life-balance
initiatives. AT&T: Also No. 4 on the Top 10 Companies for
Recruitment & Retention list, No. 5 on the Top 10 Companies for Supplier
Diversity list, No. 2 on the Top 10 Companies for African Americans list, No. 4
in the Top 10 Companies for Latinos, No. 4 in the Top 10 Companies for Executive
Women and No. 3 on the Top 10 Companies for GLBT Employees
list With consistent retention rates
across race and gender, high representation of people of color (28 percent) and
women (44 percent) in the management, and programs to recruit people with
disabilities and GLBT people, AT&T is a human-capital diversity leader. It's
also strong in supplier diversity, with 12 percent of Tier I procurement going
to diverse vendors, and it is a leader in corporate communications, with
excellent employee-resource groups and strong diversity training. Comcast: Supplier diversity is the
cable company's strongest diversity area, with minority- or women-owned
companies representing 12.25 percent of its vendors. The company has mandatory
Tier II supplier diversity and third-party certification is
required. Cummins: The strengths here are
corporate communications and supplier diversity. For corporate communications
specifically, Cummins has strong employee-resource groups backed by senior
leadership, mandatory diversity training for the entire work force lasting a
full day, and mandatory employee surveys. For supplier diversity, the company
has the head of supplier diversity reporting to the head of procurement, and
training and financial assistance for diverse suppliers. Eastman Kodak: Also No. 5 in the Top 10 Companies for
People With Disabilities Kodak CEO Antonio Perez chairs
the diversity council, signs off on compensation tied to diversity and has Chief
Diversity Officer Essie Calhoun as a direct report. The company, a longtime
national diversity leader, also has strong employee-resource groups and
mandatory diversity training for its entire work force. EMC Corp.: This company, a first-time
participant, has 53 percent of its managers participating in a mentoring
program, recruitment programs for people with disabilities and GLBTs, excellent
work/life benefits, strong employee-resource groups and mandatory diversity
training. Genentech: With a work force that is 47
percent people of color and 49 percent women, the company also has management
that is 29 percent people of color and 41 percent women. And the trend is
escalating as 31 percent of managers receiving promotions are people of color
and 46 percent are women. Herman Miller: Also No. 7 on the Top 10 Companies for
Supplier Diversity list A first-time participant, this
company has strong employee-resource groups, a diversity council that meets
monthly, mandatory diversity training for the entire work force lasting more
than two days, mandatory employee surveys, and strong supplier diversity, with
12.25 percent of Tier I spending going to minority- and women-owned
vendors. Hyatt: The hotel chain's best diversity
strength is its human-capital management. Hyatt's managers are 37 percent people
of color, and 38 percent of managers receiving promotions are people of
color. Kellogg: This company should be noted
for its strong employee-resource groups, multicultural-marketing efforts, and
supplier-diversity initiatives, including mandatory Tier II supplier diversity
and training for minority- and women-owned vendors. KeyBank: Chairman and CEO Henry L.
Meyer III chairs the diversity council and signs off on executive compensation
tied to diversity. The company has strong employee-resource groups and diversity
training, surveys employees on diversity and has extensive philanthropic
endeavors to diverse communities. In addition, its Web site received a perfect
score on communicating its diversity focus. KPMG: Also No. 8 on the Top 10 Companies for
People With Disabilities list Human capital is the greatest
area of strength for this Top 50 company. While 26 percent of the work force is
people of color, 32 percent of new hires are people of color, demonstrating real
progress. In addition, the company has a consistent retention rate across race
and gender and 44 percent of managers are women, as well as 45 percent of
managers who received promotions. The accounting company has active programs to
recruit GLBTs and people with disabilities. McDonald's: Twenty-nine percent of
top-level managers (reporting directly to the CEO) are people of color at the
fast-food giant, and of women at that level, 33 percent are people of color.
With strong work/life benefits,
the insurance company also has a work force that is 29 percent people of color.
Managers are 21 percent people of color and people of color receive 22 percent
of management promotions. Pepco Holdings: With consistent
unbiased retention across race, gender and ethnicity, the utility company also
reports 27 percent of managers are people of color as well as 32 percent of
managers who receive promotions. Pepsi Bottling Group: The greatest
diversity strength in this company is supplier diversity. Supplier-diversity
initiatives are communicated to employees and the head of supplier diversity
meets regularly with corporate communications. Supplier diversity is part of
procurement. Tier II supplier diversity is mandatory. In addition, the company
provides external training and financial assistance to diverse suppliers and
requires third-party certification. Procter & Gamble: This longtime
national diversity leader has consistent and unbiased retention across all
races, ethnicities and genders. People of color are 21 percent of the managers
but receive 24 percent of management promotions. The company has excellent
employee-resource groups and mandatory diversity training for its entire work
force, lasting a full day. Sandia National Laboratories: This
company has strong, consistent and unbiased retention across all races,
ethnicities and genders and mandatory Tier II supplier diversity. People of color are 42 percent of
the managers in this company and 23 percent in the top level, direct reports to
the CEO. They also are 29 percent of the top 10 percent highest-paid
employees. With 12 percent of Tier I
procurement spent with diverse suppliers, this company also reports it has
mandatory Tier II supplier diversity, strong communications between supplier
diversity and the rest of the company and external training for diverse
suppliers. Wal-Mart: Also No. 6 in the Top 10 Companies for
African Americans The retail giant's commitment to
diversity is exemplified by its strong employee-resource groups, mandatory
diversity training for the entire work force lasting a full day, excellent
philanthropic endeavors to diverse communities, and a major
multicultural-marketing push. Warner Brothers: Also No. 8 on the Top 10 Companies for
Recruitment & Retention list Thirty-eight percent of the work
force and 40 percent of new hires are people of color, showing progress. In
addition, managers are 27 percent people of color, and 30 percent of managers
receiving promotions are people of color. Retention is high and unbiased across
all races, ethnicities and genders. Xerox: Also No. 1 on the Top 10 Companies for GLBT
Employees list and No. 4 on the Top 10 Companies for African Americans
list A long-time diversity
human-capital leader, Xerox reports management is 21 percent people of color and
30 percent women. The company actively recruits for GLBT people and people with
disabilities. It has a strong supplier-diversity effort, with 33 percent of Tier
I procurement going to diverse suppliers. |