P R OCUR EMENT INSIGHTS
Diverse human talent It is equally important for the suppliers to be diverse themselves . Multinational IT organisation HP is committed to empower employees in its supply chain from what it terms the most vulnerable groups , such as people from minority backgrounds , women , students , and foreign migrant workers .
LinkedIn recently published a report – surveying 9,000 business leaders – on how diversity within the workforce can increase productivity . ‘ Global Recruiting Trends 2018 ’ stated : “ In the MENA region , diversity has evolved to be the biggest game-changer and most embraced trend with over half of companies are already tackling it head-on . According to the report , 80 % of talent acquisition leaders and hiring managers say that diversity is the top trend affecting how they hire , with companies prioritizing diversity – gender , race , ethnicity , age , education , etc to improve culture and boost financial performance , as they are increasingly realizing that diverse teams are more productive , more innovative , and more engaged .”
HP states that diversity is imperative for good business . “ We invest in improving representation by minorities
and women within our supply chain and encourage diversity in suppliers ’ own workforces ,” it said . “ Just like our employees , diverse suppliers bring unique experiences and perspectives that strengthen our business , support innovation in our supply chain , and enhance local economies .”
How to adopt diversity HP is encouraging small businesses and companies owned by minority individuals to compete for its business . It has a specific department – the Global Supplier Diversity Office – to oversee programmes that recruit and support suppliers .
To grow its business with these suppliers , HP is developing a programme in the US that provides training , business matchmaking , and community engagement events with its larger suppliers . In the future , it is planning to drive more business to these companies as well as organisations supporting black empowerment in South Africa .
Sustainable supply chains Seeking suppliers with sustainable operations is increasingly important too , particularly in the face of climate
44 February 2018