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Five Essential Ingredients for a Diversity Accelerator Program

Five Essential Ingredients for a Diversity Accelerator Program

Diversity Accelerator as a Strategy

Are you inadvertently limiting opportunities for diverse suppliers? There is a way to open doors for new, innovative organizations while minimizing risk. If you want to increase spend and impact for your supplier diversity initiatives, an accelerator program provides a pathway for diverse suppliers to compete on an equal playing field while increasing spend and impact by 5 – 15%.

Five essential ingredients

  1. Agreement from hiring managers to consider diverse suppliers
  2. Guidelines to help internal teams identify opportunities where diverse suppliers can add value
  3. An onboarding program to help diverse suppliers navigate the procurement process
  4. Planned events to connect diverse suppliers with hiring managers so they can build relationships
  5. Training programs to help teams monitor performance and measure success

Reach out to Optia to learn how we can help you increase supplier diversity spend and impact up to 15%.