Julian Hooks of Johnson & Johnson argued that partnering with small businesses is critical to the innovation potential of large companies. He shared Johnson & Johnson’s recent achievement of joining the Billion Dollar Roundtable, a coalition of BigCos dedicated to the purpose of leading, influencing, and shaping supplier diversity excellence globally. Those in the Billion Dollar Roundtable have achieved over $1B in contracts awarded to women and minority owned businesses.
James Page of Johns Hopkins Medicine asked: How can cities harness mentorship and the power of small businesses to increase job creation and local community strength? He shared outcomes of the #HopkinsLocal initiative—a commitment by the medical center to move certain products and services contracts away from national suppliers and to small, local businesses. The national suppliers served as mentors to the emerging local businesses as part of this program. As a result, they’ve seen dramatic increases in career opportunities for local neighborhoods across Baltimore. It’s a useful case study for diversity and inclusion: https://lnkd.in/d_hJaDq. On a larger scale, Johns Hopkins Office of Diversity and Inclusion are building a culture that celebrates difference and understanding, as evident in their Diversity is in Our DNA video storytelling project:
The key take-away of the symposium is the value that emerges from diversity, both internally through strategic goals to maintain and inspire a diverse workforce and leadership, as well as externally through collaborations with small businesses like ours. We’ll conclude with wisdom by Karen Bankston, Executive Director of #CincyTakesOnPoverty:
“If we are serious about the changes we want to see in our community, we should be able to positively impact and move that needle because we have made intentional decisions to hold ourselves accountable to diversity at every level of our healthcare organizations.” – Karen Bankston, Executive Director of the Cincinnati Child Poverty Collaborative
Explore the larger symposium conversation at #HSDS18.
Did you know that Untold Content is a Certified Woman Owned Small Business? As WOSB medical writing consultants, we support our clients in achieving their supplier diversity goals. Here’s to an inclusive, innovative tomorrow.