In today’s rapidly changing economy, understanding diversity and its impact on talent management is essential for success on a global platform. Companies thriving in this area exhibit readiness to promote diversity in the workplace and the ability to attract and retain top talent. It is a priority that is driving companies to align their talent strategies to address diversity needs and to increase their visibility as diversity-focused employers.
A great example of the growing focus is the diversity and inclusion strategy of the Kellogg Company, the world’s leading cereal maker. According to its 2012 Diversity and Inclusion Annual Report, Kellogg showcased a diversity supplier spend of $380 million. In addition, the company dedicated 85% of its philanthropy spend toward diverse and charitable organizations targeting underserved communities. As a result of these efforts, the Kellogg Company was named as one of DiversityInc’s top 50 Companies for Diversity.
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