Diversity/inClusion agenDa - Charlotte
Transcription
Diversity/inClusion agenDa - Charlotte
2010 Charlotte Chamber Diversity/Inclusion Agenda 2010 2010 was a year of new normals, while the nation’s economy continued to reset and find its way. Locally, we experienced much of that same reality. Amidst all of the change, and as we continue to forge ahead to energize our economy and stimulate job growth, some basic principles remain true. For the Charlotte Chamber of Commerce, one of those truths is that a diverse and inclusive economy is an economy that is resilient. One that is diverse and inclusive in every sense. While the Chamber has had a continued focus on diversity and inclusion, like so many other reminders during this time of change, we were reminded of the business imperative of diversity and inclusion. 2010 saw the Charlotte Chamber focus on how to leverage its strengths to support and grow minority- and women-owned business enterprises. Our new economic reality mandates that we be focused on ensuring that this vital sector of our economy is equipped to grow and reach sustainability. Over the course of the summer, the Charlotte Chamber’s Diversity Advisory Cabinet convened Charlotte Chamber leaders and strategic partners for a series of conversations focused on ensuring that Charlotte move toward the vision of becoming the most inclusive business community in the United States. The conversations revealed broad and diverse viewpoints on the topic. The outcome of those conversations uncovered a commitment to change the landscape by focusing our efforts, leveraging best practices and tapping in to our own Charlotte business community know-how. Following those discussions, we hosted the Economic Impact of an Inclusive Business Community Summit, which further substantiated the economic/community benefit in ensuring that our city’s minority- and women-owned business enterprises thrive in this changed economy. We all have a vested interest. A special thank you to Dr. Ron Carter and Johnson C. Smith University for hosting this very important summit. A further recap of the summit will follow in the subsequent pages. In summary, 2010 was a time for the Charlotte Chamber to “re-set” the stage relative to our role in positively impacting the thrival of minority- and women-owned businesses in Charlotte. We are clear that the role of the Charlotte Chamber is to: ➣Lead and influence • Convene/rally corporate support…leverage best practices • Engage corporate diversity champions to build a strategy that: – Identifies best practices in supporting and growing diverse businesses – Develops guidelines/metrics to create competitive advantage for Charlotte Chamber MWBE members – Creates opportunity for MWBE’s to engage with corporate diversity champions • Appropriately lobby on behalf of MWBE/small business ➣Identify and recruit MWBE businesses to Charlotte (through qualified leads) ➣Shape the business climate to grow, develop and support MWBE’s/small businesses • Expand partnerships with CMSDC (and other partners) to better equip/prepare Charlotte Chamber MWBE members for success • Identify Charlotte Chamber members ready for engagement with corporate diversity champions While this is a noble charge for the Charlotte Chamber, we recognize that the overall economic climate creates an even more daunting challenge as we move forward. But moving forward is what we must do. We’ve come far in our evolution relative to matters of diversity and inclusion. We are now positioned to focus on economic inclusion, which will further move us closer to our vision of the most inclusive business community in the United States. We thank all who are a part of this movement. We will continue to need your support, involvement and commitment to continue advancing the ball. We will be the most inclusive business community in the United States. Regards, Pat Rodgers 2011 Chair Charlotte Chamber David Darnell 2010 Chair Charlotte Chamber 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 2 The Whitehead Conversations During summer of 2010, the Charlotte Chamber’s Diversity Advisory Cabinet held a series of three leadership conversations examining the question of how to ensure the growth and success of minority- and women-owned businesses and continually build an inclusive business community in Charlotte. ___________________________________________________________________________________________________________ Results from the sessions: Session I • • • • • • Drafted a framework for success Vision/Goals/Guiding Principles Identified additional information needed Data Models from other cities Action timeline Session II • Reviewed data on the status of minority-owned businesses • Reviewed a concept model of support for growing and developing minority- and women-owned businesses • Asked “What can the Charlotte Chamber do?” Session III •Reviewed best practices from corporate leaders on how they are supporting minority- and women-owned business growth – Balfour Beatty, Bank of America, Duke Energy, Wachovia/Wells Fargo •Reached agreement on the beginnings of a model that addresses our draft vision/goals and guiding principles – Cincinnati Chamber of Commerce - Minority Business Accelerator The Vision Charlotte will create competitive advantage by being the most inclusive business community in the United States. The Guiding Principles • • • • • Recruit diverse businesses to bring jobs and investment to Charlotte Build sustainable strategies Build accountability into strategies Build opportunities that create relationship with potential for business Build measurable strategies 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 3 Inclusive Business Community Summit Wednesday, September 29, 2010 7:30 - 11:45 a.m. Johnson C. Smith University 100 Beatties Ford Road We will CHALLENGE existing models and explore new ways of creating an inclusive business community; LEARN about the economic impact of investing in inner-city communities and minority and women owned businesses; and IDENTIFY opportunities for Charlotte to build a sustainable, inclusive strategy that creates competitive advantage. Featuring Keynote Speaker John Robinson Director of the Office of Civil Rights and Chief Diversity Officer, U.S. Department of State SILVER SPONSORS BRONZE SPONSORS K & L Gates LLP | Peak10 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 4 The Economic Impact of an Inclusive Business Community Charlotte Chamber Economic Development Summit Wednesday, September 29, 2010, Johnson C. Smith University 7:30 a.m. Registration and Networking 8 a.m. Breakfast 8 a.m. Welcome David Darnell, President of Global Commercial Banking, Bank of America Merrill Lynch and Chair, Charlotte Chamber of Commerce 8: 15-9 a.m. I AM A LEADER Challenge our existing models and explore new ways of creating an inclusive business community Keynote Speaker: John Robinson, Director of the Office of Civil Rights and Chief Diversity Officer, U.S. Department of State 8:15-8:45 a.m. Presentation 8:45-9 a.m. Audience Discussion: What actions will you personally commit to, to make Charlotte a more inclusive business community? 9:15-10:20 a.m. I AM A BUSINESS PERSON Learn from successful models that create economic impact by investing in minority- and womenowned businesses and inner-city communities. 9:15-9:35 a.m. Presentation Overview of Bank of America Merrill Lynch’s Capital Access Fund and the business and social impacts it has created. Speaker: Matt HoganBruen, Managing Director – Washington, D.C., Bank of America Merrill Lynch Capital Access Funds 9:35-10:05 a.m. Panel Discussion: Driving Charlotte’s minority, women-owned and inner-city businesses development and growth. Moderator: Bob Morgan, President, Charlotte Chamber of Commerce Panelists: Todd Collins, CEO, iRealtyManager Bonny Moellenbrock, Executive Director, SJF Advisory Services Mary Kay Leonard, President and CEO, Initiative for a Competitive Inner City Craig Fowler, Managing Director – St. Louis, Bank of America Merrill Lynch Capital Access Funds 10:05-10:20 a.m. Audience Discussion: Based upon the models discussed, what components would you want to ensure are replicated in Charlotte? 10:35-11:45 a.m. I AM A COMMUNITY MEMBER Identify opportunities for Charlotte to build a sustainable strategy that creates competitive advantage by being the most inclusive business community in the United States. Facilitator: Nicholas Beamon, Principal Consultant, Whitehead Associates Panelists: Anthony Foxx, Mayor, City of Charlotte Dr. Ronald L. Carter, President, Johnson C. Smith University Andrea Harris, President, North Carolina Institute of Minority Economic Development Pat Rodgers, President and CEO, Rodgers Builders, Inc. and incoming Chair, Charlotte Chamber 10:35-11:05 a.m. Panel Discussion 11:05-11:45 a.m. Audience Discussion: What does Charlotte’s inclusive business community look like to you? 11:45 a.m. Summit concludes 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 5 The Economic Impact of an Inclusive Business Community Charlotte Chamber Economic Development Summit Wednesday, September 29, 2010, Johnson C. Smith University I Am A Leader ______________________________________________________________________________________________________________ State Dept. Chief Diversity Officer Shares Message of Economic Impact of Inclusiveness It’s an issue that will no doubt drive our economy’s future – diversity. We already know that the minorities of today will surely become the majority in years to come. So how do we as a business community prepare for that change? Are we as a chamber doing enough intentionally now to become more inclusive? Those were among the questions discussed during a half-day summit on September 29 at Johnson C. Smith University. More than 150 participants engaged in the conversation with a diverse group of panelists including keynote speaker John Robinson, director of the Office of Civil Rights and Chief Diversity Officer, U.S. State Department. Robinson told the crowd it isn’t enough just to talk about diversity in broad terms. He encouraged them to share their personal stories and experiences with co-workers. It’s through such openness and sensitivity, Robinson stressed, that true understanding and trust is achieved. Pictured from left to right: David Darnell, 2010 chamber chair; John Robinson, U.S. State Dept.; Pat Rodgers, 2011 chamber chair; Keva Walton, Sr. V.P. Member Engagement; and Bob Morgan, chamber president. John M. Robinson Director Office of Civil Rights and Chief Diversity Officer U.S. Department of State John M. Robinson was sworn in on Monday, March 3, 2008, as Director of the Office of Civil Rights and Chief Diversity Officer. Robinson serves as the primary advisor to the Secretary of State and the Department’s senior leadership on equal opportunity, diversity, affirmative employment and related issues. Robinson is coming to State from the staff of the Office of the Director of National Intelligence (ODNI). Prior to joining ODNI, he served as Chief of EEO and Diversity for the Internal Revenue Service. He was Senior Policy Advisor to the Secretary of the Department of Energy (DOE) from 1999 to 2001. His federal service began in 1994 as Deputy Assistant Secretary in the Employment and Training Administration (ETA) of the U.S. Department of Labor (DOL). Prior to federal service, he served in the Rhode Island Governor’s Cabinet as Director of the Rhode Island Department of Employment and Training from 1991 to 1993. He was a senior dean at Brown University before joining state government and held various administrative positions in higher education from 1973 to 1990. A Vietnam-era veteran, he served as a naval officer aboard a destroyer and an ammunition ship, and earned the Navy Commendation Medal. A graduate of Brown University, He holds a Masters degree from Tuskegee University, is a Senior Intelligence Fellow, and completed programs at the Center for Creative Leadership - Greensboro, the Federal Executive Institute Charlottesville, and the Institute for Education Management at Harvard University. In 2007, Robinson received the Distinguished Alumnus Award from the Center for Creative Leadership. 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 6 The Economic Impact of an Inclusive Business Community Charlotte Chamber Economic Development Summit Wednesday, September 29, 2010, Johnson C. Smith University I AM A BUSINESS PERSON ______________________________________________________________________________________________________________ Inner City Capital Connections – www.icic.org/resources-for-inner-city-ceos/inner-city-capital-connections INCREASING ACCESS TO CAPITAL Established in 2005, Inner City Capital Connections (ICCC) is a free program, sponsored by the Initiative for a Competitive Inner City and Bank of America, that is designed to stimulate the flow of capital to inner city businesses. ICCC is the country’s only program that educates investment-ready inner city companies about equity and other sources of capital and matches them with investors to grow their businesses and create jobs. PROGRAM BENEFITS •Discover a full range of financial options ranging from private equity and venture capital to debt and mezzanine financing • Learn how to optimize business plans and growth strategies to attract potential investors • Build networks and strengthen relationships with investors •Obtain company-specific feedback from seasoned investors about growth plans, business models and investment pitches ICCC FACTS •Growing participation: Nearly 200 inner city companies and 150 equity providers have participated in the program since 2005 •$335 million in capital: ICCC companies have raised approximately $138 million in equity financing and $197 million in debt •Connecting with investors: Over 85 percent of participants met at least one potential investor at ICCC •Increased visibility: Many ICCC participants have been featured in national and local publications, including Wall Street Journal, Reuters, Inc. Magazine, Portfolio, PE Hub, MSN Money and Small Business ______________________________________________________________________________________________________________ Initiative for a Competitive Inner City (ICIC) – www.icic.org ICIC’s mission is to promote economic prosperity in America’s inner cities through private sector engagement that leads to jobs, income and wealth creation for local residents. ICIC is a national not-for-profit organization that was founded in 1994 by Harvard Business School Professor Michael Porter. ICIC believes that private sector investment is the key to ensuring the economic prosperity of America’s inner cities and the financial stability and advancement of inner city residents. We employ four key strategies to increase business development in urban areas: 1) document the market opportunities and gaps in inner city economies; 2) identify the factors that drive business success; 3) influence the environments in which businesses operate; and 4) model new programs to address the most vexing challenges for inner city businesses. Exploring New Thinking and Sparking Innovative Solutions ICIC’s path-breaking research highlights the competitive advantages of inner cities and provides the foundation for new and effective economic strategies for urban communities. ICIC’s ongoing State of the Inner Cities Economies (SICE) research effort examines the economic performance and potential of the inner cities within the 100-largest cities to uncover drivers of performance, fuel greater private investment in urban areas and sharpen public policy with the objective of leading to greater prosperity for inner city residents. The Economic Impact of an Inclusive Business Community ICIC’s current research agenda has four main objectives: 1) provide the necessary federal policy recommendations for improving the economic competitiveness of distressed urban areas; 2) uncover the gaps and barriers preventing additional capital investment into inner city businesses and economies; 3) identify the growth and market opportunities for inner city industry clusters such as construction, housing and real estate (CHRE); retail, healthcare and industrial; and 4) provide urban economic development strategy recommendations for cities. 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 7 The Economic Impact of an Inclusive Business Community Charlotte Chamber Economic Development Summit Wednesday, September 29, 2010, Johnson C. Smith University ICIC’s research has had a profound effect on urban communities across the country. Notably, ICIC documented the $89 billion retail market opportunity for urban areas, created a strategic map for urban colleges and universities to transform their inner city neighborhoods, and developed the framework used to revitalize inner cities in Oakland, Philadelphia, West Louisville and many more. ICIC’s research team is actively involved in a broad-based effort to revitalize hard-hit Midwestern cities, such as Detroit and Flint, by focusing on the next-generation use for their industrial assets and is leading an assessment of the construction, housing and real estate cluster in Boston. ICIC is working with the Cleveland Clinic to develop a model for the role that health care institutions can play in rebuilding urban economies and is also evaluating how to maximize “green” job creation for inner city residents. Promoting Inner City Job Creation by Successful Businesses Now in its 12th year, the Inner City 100 is a national program to recognize fast-growing companies in inner cities across the U.S. The Inner City 100 also spotlights the importance of a robust business sector in creating healthy urban communities. Winning companies are invited to attend the Inner City 100 Summit, an event at Harvard Business School that provides executive educational sessions and networking opportunities. The event culminates with the Inner City 100 Awards Dinner. The annual Inner City 100 list, published in Bloomberg BusinessWeek, receives substantial national and local media attention. Past winners have benefited from networking opportunities, recognition from local government and increased access to capital as a result of being selected for this celebrated list. Participants have also cited such benefits as meeting major investors, winning multi-million dollar contracts and gaining increased credibility. Collectively, Inner City 100 firms have created more than 63,000 new jobs in the last decade. The Inner City 100 program is sponsored by the Chevron Corporation, Staples Foundation for Learning and Goldman Sachs Foundation. Increasing Access to Capital Access to capital is one of the most frequently cited barriers to growth for inner city firms. Inner city businesses, on average, begin operations with 44 percent less start-up capital than other U.S. firms and receive 31 percent less growth capital as their businesses expand. In 2005, Inner City Capital Connections (ICCC) was introduced in partnership with Bank of America as a national effort to stimulate the flow of capital to inner city markets. ICCC is the country’s only program that matches urban entrepreneurs with revenues of over $2 million who are seeking growth capital with investors. Since October 2005, approximately 150 inner city companies and 115 debt and equity providers have participated in the program. These inner city companies have raised more than $335 million in capital and increased total employment 55 percent since participating in the program. Most recently, ICIC has become a key partner in Goldman Sachs’ newly announced 10,000 Small Businesses Initiative, a commitment of $500 million to deliver education and capital access to underserved areas through community colleges and community development financial institutions. ICIC’s Chairman Michael Porter is cochairing the initiative’s advisory council with Warren Buffet and Goldman Sachs’ CEO and Chairman Lloyd Blankfein. Transforming Inner City Economic Development The Inner City Economic Forum is the country’s only national leadership network focused on business-led inner city economic development. The forum was founded in 2003 as an ambitious and bold effort to create a national movement around the revitalization of America’s inner cities. The forum’s agenda focuses on these critical areas: increasing capital flows to inner cities, creating and growing inner city businesses of size and scale, and marketing and promoting the business opportunities and competitive advantages of America’s inner cities. The network has emerged as a powerful mechanism for generating innovative ideas on urban economic development and transforming those ideas into action. Forum members represent a dynamic national group of leaders and opinion shapers from national corporations; inner city businesses; investment firms; government, civic and community organizations; foundations; and academic and policy-making institutions. As part of the forum, ICIC has convened policy roundtable discussions at Harvard Business School to develop concrete strategies for a national cluster policy, hosted a strategy session with the Ford Foundation to address the challenges urban businesses face when seeking access to capital and partnered with the Staples Foundation for Learning to develop a supplier diversity resource guide for small businesses. ICIC defines an “inner city” as an urban area within a central city with a population of at least 100,000 people that have higher poverty and unemployment rates and lower median household income levels than the surrounding Metropolitan Statistical Area. 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 8 The Economic Impact of an Inclusive Business Community Charlotte Chamber Economic Development Summit Wednesday, September 29, 2010, Johnson C. Smith University Inclusive Business Community Summit Survey Results Format: Breakfast Number of responses: 61 155 total attendees ______________________________________________________________________________________________________________ SESSION I – I Am A Leader Rating Scale of 4 to 1: 4 Strongly Agree, 3 Agree, 2 Disagree, 1 Strongly Disagree: Average A. Information shared was relevant 3.71 B. Information shared provided new/different insight 3.54 C. Session leader was knowledgeable 3.81 D. Overall session was effective 3.79 SESSION I COMMENTS Awesome! Chamber needs to bring him back to speak to a larger group of corporate leaders. Outstanding and practical Nice touch about telling each one’s diversity story. Instead of focusing on past stories, the message should be for individuals and businesses to create meaningful stories in 2010. Great speaker. Ability to tell stories and connect to the audience. Terrific! John Robinson is really good. Best speaker I’ve heard in a long time! Excellent! Would have liked him to talk longer. Great speaker – very relevant. Engaging – provided practical and immediately usable information. Interactive and engaging Wonderful, knowledgeable and inspiring The speaker was knowledgeable, but not as helpful after he spoke about his very useful article. Great speaker, very helpful Terrific speakers, great stories In theory, it was great. Now, what do we do in practice? Great opening. Loved Olympic story. Has a low key storytelling approach . Excellent! Excellent and candid comments that provided great insight. Thought provoking and engaging Powerful! Enjoyed his message and storytelling. Loved the lighthouse story and Olympic story. Crisp, clear, useful Wonderful speaker and I felt like I gained insight. At our firm, we fully believe in telling a story. Terrific – love Mr. Robinson! Wonderful opportunity and tremendous event. Kudos to Chamber staff for arranging. Message was relevant and inspiring. Very authentic. Idea of sharing your experience to lead was spot on. 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 9 The Economic Impact of an Inclusive Business Community Charlotte Chamber Economic Development Summit Wednesday, September 29, 2010, Johnson C. Smith University SESSION II – I AM A BUSINESS PERSON Rating Scale of 4 to 1: 4 Strongly Agree, 3 Agree, 2 Disagree, 1 Strongly Disagree: Average A. Information shared was relevant 3.29 B. Information shared provided new/different insight 3.03 C. Session leader was knowledgeable 2.54 D. Overall session was effective 3.10 SESSION II COMMENTS Good program Gained new insights, great overall discussion. Good information about access to capital. Visual presentation too small. The speaker’s sincerity and candor were extremely appropriate for this type of dialogue and greatly appreciated. New information for me. Couldn’t read slides (print too small). Not as personally relevant to the topic of the day. How do minority owners and entrepreneurs gain access to capital? PowerPoint slides were basically unreadable and not provided for further review. Very straight to the point Clear voice, good passion, bad slides! Good data (slides were a little hard to read). Great theory. I don’t see it effecting minority community. Interesting to hear a capital access person talk about “social impact” in the same sentence with capital return. Great to hear. Good The presentation font was too small and illegible. Had a difficult task presenting complicated subject in a short period of time. He did a good job introducing private equity/social impact subject. Content/presentation could be a bit more audience friendly. Spoke above crowd. Needed to define “social impact” Felt a little like an informercial for BOA. A bit too statistical. Not a lot of new insight. The idea was good, but honestly, I would have really liked a specific drill down example. Slides need to have less text. Information loses impact and importance when you obviously cannot read. Not a small business or looking for capital, so didn’t apply as much, but imagine this would be a good program for those groups. Slide print copy too small to read on screens. PANEL DISCUSSION Rating Scale of 4 to 1: 4 Strongly Agree, 3 Agree, 2 Disagree, 1 Strongly Disagree: Average A. Information shared was relevant 3.46 B. Information shared provided new/different insight 3.62 C. Session leader was knowledgeable 3.6 D. Overall session was effective 3.35 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 10 The Economic Impact of an Inclusive Business Community Charlotte Chamber Economic Development Summit Wednesday, September 29, 2010, Johnson C. Smith University PANEL DISCUSSION COMMENTS How is the Chamber going to bring corporate leaders to the table and engage them in this discussion? Good panel Relationships, education and capital are factors. Someone needs to take more action. There needs to be more discussion about action. Todd Collins was particularly good – some others not so much. Next summit, perhaps a focus on philanthropic leadership influence on business. If you look at top 20 non profit leaders and top 20 CEO’s, COO’s – not a great visual! Great resources – valuable perspective/experience from varied roles. Each panelist provided knowledgeable information and opinions. Better than expected. Todd C. was great! Mary Kay was useful and insightful. Passion is high but specifics are low. Great information. Nothing new. Highlighted the role the Chamber can play in assisting in networking and the importance of our higher education and leveraging what we already have. Very good panel Provided practical insight. Session did not give specifics or strategies that would be beneficial for minority firms to use today. Really good panel selection. SESSION III – I AM A COMMUNITY MEMBER Rating Scale of 4 to 1: 4 Strongly Agree, 3 Agree, 2 Disagree, 1 Strongly Disagree: Average A. Information shared was relevant 3.75 B. Information shared provided new/different insight 3.56 C. Session leader was knowledgeable 3.92 D. Overall session was effective 3.74 SESSION III COMMENTS Effective if Charlotte’s corporate leaders are brought into discussion and being engaged. Very powerful and impactful Great panel Clearly, the most effective session of the day. Excellent panel Andrea Harris fantastic straight speaker. Most relevant panel. Would have like to hear from these more, perhaps in 4 smaller discussion groups. Great diversity on panel. This part was more real, not just stories and opinion. The thoughts shared and actions proposed are worth following. I would like to see which major corporations are coming forward. Inspiration provided. Wonderful and engaging panel. Dr. Ronald Carter is fantastic! Andrea Harris was amazing! Powerful discussion! All great! Need more to talk to action. The best part, local conversation I can relate with. Good suggestions on what Charlotte needs to do to achieve the goal of inclusion. Great persuasive speakers Dr. Carter’s vision, particularly poignant. Appreciated pat Rodgers comment about “early voices;” excellent moderation. 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 11 The Economic Impact of an Inclusive Business Community Charlotte Chamber Economic Development Summit Wednesday, September 29, 2010, Johnson C. Smith University THE OVERALL SUMMIT Rating Scale of 4 to 1: 4 Strongly Agree, 3 Agree, 2 Disagree, 1 Strongly Disagree: Average A. Information shared was relevant 3.71 B. Information shared provided new/different insight 3.79 C. Session leader was knowledgeable 3.84 D. Overall session was effective 3.54 OVERALL SUMMIT COMMENTS There are items “To Do’s” that will result from this event. Need more non-minority business leaders present and participating. Wonderful session I only trust and look forward to continued and deliberate and thoughtful next steps that are actionable and meaningful. I hope to participate and hope to see CEO participation as well. What was the goal of the session? Was it to have a conversation? There was no clear purpose and no clear takeaways. The session was very “muddy!” Valuable summit Great meeting and an excellent use of time. Sessions were muted – started very strong and ended strong. Develop a conceptual framework for building an inclusive business community in Charlotte. How do we avail the opportunities of the evolving “new economy?” I’d suggest the next summit focus more on explicit questions such as what qualifies as an inclusive business. community. Does Charlotte meet that criteria? Where are the gaps and how do we attack them? Would like the event to be a bit longer to allow for more interaction/discussion. It would have been good for Johnson Control meeting to be held at another time. Hearing stories and opinions is good, but we should have had conversation about challenges at the tables. More actual business powers in panels. The right thing to do. Enjoyed it immensely! Great, relevant and very timely conversation. Need to review/discuss hard question “What are the biases and what is our role as leaders to overcome them in making Charlotte a world class inclusive future city?” Need to take the conversation into actions – build and execute the plan. Opening a new presentation at closing time was a miss. Overall excellent Wonderful job. I look forward to the next summit. Still need a call to action that is more targeted. How effective the summit can be depends on the actions coming out of the session. I didn’t hear about any actions. Thanks for having this event. Incorporating comments/introduction of businesses to give them opportunity to highlight their offerings is a great model (should be used again). Incorporating scribes is excellent method for recording results. 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 12 The Economic Impact of an Inclusive Business Community Charlotte Chamber Economic Development Summit Wednesday, September 29, 2010, Johnson C. Smith University Outcomes/Next Steps Building and Inclusive Business Community, What Will the Charlotte Chamber Do? Inner-City Capital Connections (ICCC) & Initiative for Competitive Inner City (ICIC) Inner City Capital Connections (ICCC) is a free national program that identifies and prepares a select group of entrepreneurs searching for finance to support their business growth. The program is designed to stimulate the growth of capital to underserved inner city markets by matching urban businesses with investors. ICCC is a partnership between The Initiative for a Competitive Inner City and Bank of America. www.icic.org/iccc As a direct result of the Economic Impact of an Inclusive Business Community, two Charlotte Chamber member companies were selected to participate in a two-day session in Los Angeles, including a reception with Irvin “Magic” Johnson. The Charlotte Chamber will continue to build a working relationship with ICCC & ICIC to support the growth, development and sustainability of minority- and women-owned business Expanded Survive & Thrive Programming Building upon the success of the standing monthly breakfast series designed to deliver tactical, nuts and bolts information to small business Charlotte Chamber members and non-members, Survive and Thrive content will expand to deliver added content in addition to the monthly breakfast series. Development and delivery of the expanded series will be in partnership with new and existing, Charlotte Chamber Chapters and Diversity Business Council. The Northwest and East geographic foot prints are specific target areas, given the significant number of diverse small businesses. The Charlotte Chamber’s NorthWest Chapter has established a strategic partnership with Johnson C. Smith University to deliver expanded Survive and Thrive program content in the Beatties Ford Road corridor. Minority Business Development Strategy In partnership with Carolinas Minority Supplier Diversity Council, the Charlotte Chamber will develop and implement a strategy focused on increasing the growth and sustainability of minority-owned business. The desired outcome of the overall initiative over an 18-24 month cycle with enrolled MBEs being: – Increased utilization of enrolled minority-owned companies – Increased sales/revenue of enrolled minority-owned companies – Increased jobs created within enrolled minority-owned companies – Increase overall spending with enrolled minority-owned companies by participating corporations Modeled after the Cincinatti Chamber of Commerce’s Minority Business Accelerator, this initiative is a direct result of the Whitehead conversations held over the summer of 2010 (see page 3). 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 13 The Economic Impact of an Inclusive Business Community Charlotte Chamber Economic Development Summit Wednesday, September 29, 2010, Johnson C. Smith University Working Partnerships with Diversity Partners Initiated in 2007, the Charlotte Chamber enjoys continued working partnership with six diverse business organzations. Jointly the Charlotte Chamber will work this the diversity partners to identify opportunities to add value to respective members as well as strengthen cross-cultural connections within the business community. Additionally, the Charlotte Mecklenburg Black Chamber of Commerce will continue co-located office space within the Charlotte Chamber offices. Leaderhips Development Inititive (LDI) Charlotte Chamber staff and volunteer leadership will continue to be active in Leadership Development Initiative (LDI). LDI is a 12-month leadership program begun in 2001 that develops, connects and guides diverse groups of leaders in increasing their awareness of and ability to influence racial and ethnic inclusion and equity. LDI is intended for board members and senior staff of non-profit and public organizations. Targeted Recruitment Directly responsible for the recruitment of new business and industry to the Charlotte-Mecklenburg region, the Charlotte Chamber’s economic development department will develop a marketing piece targeted to recruit diverse companies to Charlotte. Additionally, a list of target companies will be developed to receive the marketing piece. This strategy is a direct result of the Whitehead conversations held of the summer of 2010 (see page 3). Minority Business Guide/Analysis In partnership with Pride Communications, the Charlotte Chamber’s research department will coordinate the development of an asset inventory and analysis of minority businesses within the 16 county region. Phase I of the project would initially combine all of the current minority-owned business lists. Once a single database is created, analysis to understand the market potential for minority business within the area will take place. The initial focus of the study will be African American owned businesses. Ultimately, all ethnic and racial groups, gender, and foreign-born status will take place in the future updates. Key elements of the study will include businesses characteristics, industrial distribution, and spatial distribution. This analysis will further assist in understand the challenges and opportunities faced by minority-owned businesses in the Charlotte region. Realignment of Charlotte Chamber Diversity Advisory Cabinet (DAC) Realign the structure of DAC, which will include alignment with the Diversity Business Council, to further support the growth and development of diverse member businesses and an inclusive business community. 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 14 2010 Belk Innovation in Diversity Award The Belk Innovation in Diversity Award is presented by the Charlotte Chamber to a local business that has demonstrated innovative measures to improve diversity and inclusion in the work place. ___________________________________________________________________________________________________________ The Finalists AXA Equitable strives to be an industry leader with innovative products and processes that require engaged input of a diverse employee population and an inclusive workplace. Its diversity program requires diversity training for all manager-level and above employees and ties senior management compensation to completion of diversity and inclusion goals. Banco de la Gente is a division of Peoples Bank created to reach the Hispanic market. Many Hispanic employees were hired, and branches and service centers were updated. While Peoples Bank was already a diverse company, the influx of employees developed a culture of change and interaction that favors adaption and evolution. Carolinas HealthCare System must be culturally sensitive and strive to meet diverse patient needs to obtain optimum health outcomes. Its diversity program includes a diversity hotline, extensive language services, a recruitment and retention program, supplier diversity goals, and an employee communications program. Each segment of CHS’s diversity program has well documented results. The Vanguard Group focused its diversity program on Diversity Advancement Committees (DACs) that operate in all departments and at all levels of the firm. These DACs empower employees to create department-level diversity events, training and activities and companywide events. Performance appraisals for the firm’s leadership include diversity management criteria. LendingTree, a division of Tree.com, offers a benefits package that extends to domestic partners and allows for remote and work-fromhome arrangements. Its hiring and management practices and company culture have attracted a loyal, diverse workforce that focuses on excellence. 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 15 2010 Belk Innovation in Diversity Award 2010 Recipient The 2010 honor was awarded to Carolinas HealthCare System, a highly visible area business that represents the spirit and the intent of the award – leadership in diversity and inclusion in its industry and in the community. Carolinas HealthCare System’s seasoned approach and methodology in tracking, measuring and reporting results is outstanding. The organization has documented results that clearly show diversity has positively affected its business. Those results include: • A significant increase in spending with diverse suppliers • More language options available to serve a diverse client base • A dedicated orientation program that ensures new employees are exposed to the company’s values of diversity from day one • A Diversity Hotline that opens up the lines of communications within all staff levels • A Diversity Advisory Council that aids in the recruitment of physicians • Classes through their Gateway Academy which trains managers in diversity While Carolinas HealthCare System’s current diversity and inclusion programs are models for others to follow, company leaders believe that incorporating diversity and inclusion into its day-to-day operation is simply not a series of one-time tasks, but a journey. Pictured from left to right: David Darnell, 2010 chamber chair; Nicole Dean, VP Corporate HR and Chief Diversity Officer, Carolinas Healthcare System; and Michael Tarwater, CEO, Carolinas Healthcare System. Photo by Ron Deshaies, Treasured Events of Charlotte 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 16 2010 Diversity and Inclusion Event Recap January 21, 2010 Charlotte Chapter of Black MBA’s in partnership with the Charlotte Chamber Diversity Advisory Cabinet – Blink, The Speed of Change (Economics, Careers Charlotte) Keynote Address – David Darnell, President of global commercial banking for Bank of America Merrill Lynch, Charlotte Chamber Chair ______________________________________________________________________________________________________________ February 18, 2010 The Mint Museum in partnership with the Charlotte Chamber’s Diversity Officer’s Roundtable co-host The Vibrant Colors of Diversity Networking, featuring the collection Lois Mailou Jones. ______________________________________________________________________________________________________________ March 10, 2010 Supplier Diversity Professionals Forum Sponsored by Carolinas Minority Supplier Development Council Hosted by Lowe’s ______________________________________________________________________________________________________________ March 24, 2010 Minority Women Business Enterprise (MWBE) Strategic Alliance Workshop Hosted by Carolinas Healthcare System 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 17 2010 Diversity and Inclusion Event Recap April 19, 2010 Charlotte Chamber Diversity Officer’s Roundtable host conversation with Joe Echevarria, US Managing Partner – Operations, Deloitte LLP Discussion Topic: Best Practices - The Business Impact of Corporate Diversity and Inclusion ______________________________________________________________________________________________________________ April 27, 2010 Business Opportunity Meeting, Charlotte Chamber Diversity Business Council in Partnership with Carolinas Minority Supplier Development Council Featuring: TIAA CREF, NC Department of Transportation, City of Charlotte ______________________________________________________________________________________________________________ April 27, 2010 Ribbon Cutting: National Hispanic Entrepreneurs Organization (NHEO) ______________________________________________________________________________________________________________ May 11, 2010 Compass, NA – Foodbuy Minority Supplier Showcase ______________________________________________________________________________________________________________ May 18, 2010 East Chapter Luncheon: Purchasing Power of the Latin American Community Guest speaker Edgar Saucedo, General Manager, Norsan Multimedia 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 18 2010 Diversity and Inclusion Event Recap June 19, 2010 Johnson C. Smith University Commemorative Classic Press Conference ______________________________________________________________________________________________________________ August 19, 2010 Charlotte Chapter of Black MBA’s in partnership with the Charlotte Chamber Diversity Advisory Cabinet: Women Who Lead Guest Panelists: Janet Manzullo, Vice President Talent Acquisition, Time Warner Cable Okeatta Brown, Vice President, Sourcing Manager, Mid West Region, Wells Fargo Nicole Dean, Vice President, Corporate HR & Chief Diversity Officer, Belk Jaslyn Robert, Volunteer Training and Curriculum Specialist, Goodwill Industries Marleana Werder, Vice President, Commercial Technical Support, Microsoft ______________________________________________________________________________________________________________ August 25, 2010 Survive and Thrive Breakfast: How to do Business with Big Business: Panelists: Angela Bauer, Owner, Tropical Nut & Fruit Skyne Betha, Supplier Diversity & Relations, Foodbuy, LLC (Compass, N.A.) Walter B. Davis, Owner, Walter B. Davis Company Eric Reichard, Chief Operations Officer, Rodgers Builders 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 19 2010 Diversity and Inclusion Event Recap August 26, 2010 Held at the VanLandingham Estate in August 2011, this networking event promoted the diverse businesses in Charlotte East. The event connected the broader community with the diverse, cultural cuisine of Charlotte East as a means of building and celebrating an inclusive business community, while also highlighting the positive business attributes of the Central Avenue corridor and Charlotte East. Presenting Sponsor: ______________________________________________________________________________________________________________ September 29, 2010 The Economic Impact of An Inclusive Business Community Summit ______________________________________________________________________________________________________________ October 20, 2010 Johnson C. Smith University in partnership with the Charlotte Chamber: Breakfast with Brett C. Carter, President, Duke Energy North Carolina ______________________________________________________________________________________________________________ November 18, 2010 Charlotte Chapter of Black MBA’s in partnership with the Charlotte Mecklenburg Black Chamber of Commerce and the Charlotte Chamber Diversity Advisory Cabinet present Strategic and Long Term Investing 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 20 2010 Diversity and Inclusion Event Recap November 30, 2010 Charlotte Chamber 2010 Annual Meeting: Belk Innovation in Diversity Award – Carolinas Healthcare System ______________________________________________________________________________________________________________ December 8, 2010 Survive and Thrive Breakfast: How to Present and Pitch to a Major Corporation Guest Speaker: Jeffrey Jones, SVP, Senior Supplier Development Manager, Global Supply Chain Management, Bank of America 2010 CHARLOTTE CHAMBER DIVERSITY RECAP 21 diversity partners diversity business 2010 Diversity and Inclusion Event Recap council sponsors platinum silver supporting gold silver bronze ADT Security Services AFL Network Carolina Business Interiors CB Richard Ellis Charlotte Latin School Childress Klein Properties Coca Cola Consolidated Collabera Compucom Cushman & Wakefield CVS Caremark DDB Los Angeles G4S Wackenhut Grogan Associates, Inc. Herman Miller Hewlett Packard Lesco Restorations Inc. Lincoln Harris Lippincot Microsoft NELSON Otis Elevator Company Parker Poe Adams & Bernstein LLP Perkins+Will Pitney Bowes, Inc. The Shaw Group, Inc Silvestri California Steele Fab Tandus Commercial Carpet Technology Project Management, Inc. Turner Construction Co. Unico Aerotek Inc. BBDO Worldwide DiscoverReady, LLC Field Glass Insight Global, Inc Moore & Van Allen, PLLC National Gypsum Norfolk Southern Corp. Pike Electric Inc. Sandy Alexander Shearman & Sterling Sidney Austin LLP Skadden, Arps, Slate, Meagher & Flom, LLP Special Counsel