32. ALLSTATE INSURANCE CO.
Diversity at Allstate is a business strategy that provides a competitive advantage by strengthening its corporate brand. Leveraging Allstate's diversity provides employees and agencies with the skills and expertise they need to grow the customer base and better serve their needs. Allstate embraces diversity in everything it does – not only in the customers it serves and the communities in which it invests, but also the people it hires and the businesses it uses as suppliers.
33. MGM MIRAGE
Las Vegas, NV
When MGM Mirage embraced diversity as a business imperative, it developed the infrastructure for governance, policymaking, and implementation of its initiative. In 2005, MGM Mirage won the "Corporation of the Year" award from the Latin Chamber of Commerce and Nevada Minority Business Council. In addition, its Diversity Committee of the Board of Directors requires minority participation in all contracts and purchases exceeding $1,000.
34. ERNST & YOUNG, LLP
New York, NY
Cultivating a broad vision of inclusiveness enables Ernst & Young to thrive in a global environment, helps attract the best talent, and creates new avenues for revenue generation. Its strategy is about achieving equity for everyone, using differences to build success, and dispelling stereotypes. They found that diverse teams work together effectively, deliver higher-quality services, bring multiple perspectives, and mitigate risk.
IBM has implemented 180 Diversity Network groups and eight constituency Workforce Diversity Executive Task Forces to address minority employees' needs and provide networking opportunities. It has long-time partnerships with the National Society of Hispanic MBAs and the Society of Hispanic Professional Engineers. IBM also has a long and rich history of investing in Hispanic businesses as the only IT company on the Billion Dollar Roundtable, spending $1.8 billion last year.
36. DENNY'S RESTAURANTS
Nearly one-third of Denny's overall workforce is Hispanic. Earlier this year, Denny's launched Sed de Saber ("Thirst for Knowledge"), its English-as-a-secondlanguage program, to help its thousands of Hispanic employees learn English. In just five months, Denny's had employees who could barely speak English score between 70 and 90 percent proficiency on their final evaluations. Sed de Saber is helping Denny's improve employee morale, reduce turnover, improve job performance, facilitate career advancement, and increase employee loyalty.
37. BAUSCH & LOMB
Bausch & Lomb accomplishes its commitment to diversity by nurturing the diversity of thinking and ideas and through efforts to attract, develop, and retain a diverse group of talented people. Because certain eye diseases are more prevalent among Hispanics, it partners with eye care professionals to educate its employees about these diseases and encourage the Hispanic population to take preventative measures. Bausch & Lomb also has established a minority-supplier recognition program to encourage partnerships.
38. LUCENT TECHNOLOGIES
Murray Hill, NJ
Because its customers serve a diverse marketplace and are strong advocates for supplier diversity, Lucent Technologies has set an annual goal for 10 percent of its goods and services to be purchased from diversity suppliers. By developing a set of minority-, women- and disabled veteran-owned business enterprise resources, as both suppliers and value-added resellers, Lucent recognizes diversity as a business imperative because it makes good business sense.
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