Diversity & Inclusiveness Procurement. WEConnect International

Transcription

1 Diversity & Inclusiveness Procurement WEConnect International

2 Procurement vision and overall strategy Procurement s Vision: To be recognized and treated as a trusted business advisor at all levels of the organization in terms of: Becoming more customer-centric through partnership with our stakeholders Improving agility through effective and efficient procurement processes and solutions Maximising relationships and information to deliver innovation and increased value delivery Procurement s key goals: Winning in the Market 1. Deliver exceptional client service 2. Maximize value creation and delivery, assisting EY to reach its profitability, IDC and brand goals 3. Improve agility by being a highly efficient, effective, adaptive and diverse Procurement organization Create the Highest Performing Teams Strengthen global, empower local 4. Attract, develop and inspire the best people 5. Deliver the full benefit of Procurement globalization to member firms by maximizing global strategies which are flexible to individual Region needs Page 2 Diversity and inclusiveness at EY

3 Snapshot: Procurement Our services Who we are Page 3 Procurement provides strategic purchasing solutions for goods and services EY needs to conduct business. With a focus on high quality, risk management and mitigation, brand value and competitive costs, Procurement manages four major categories: Travel includes airlines, hotels, car rentals, rail, ground transportation, travel agency costs, online booking tools, business charge cards, and Meetings & Events. Real Estate includes occupancy expenses comprised of building rent and operating expenses, interior design, construction, furniture and office furnishings including those of EY@Work and the associated amortizations and depreciation. Technology covers application and infrastructure software, professional and managed services, application development, hardware, and telecommunications. Products & Services includes Talent; Facilities Management; Professionals Services; and Brand, Marketing and Communications. Diversity & Inclusiveness working closely with client serving teams to provide diverse solutions and subject matter expertise that supports winning in the market place by building client pipeline and strengthening existing client relationships As part of the Mercury program, the Procurement workstream has designed and is implementing a global Source to Pay system with the objective to drive a consistent, cost efficient and compliant global procurement process by leveraging technology and shared services Procurement proactively engages with member firm leadership and Global Client Service Partners to support vendor-client relationships. Diversity and inclusiveness at EY Approx. 400 personnel throughout the world responsible for Real Estate, Travel Services and Meeting & Events, Technology and Products & Services Strong presence in India, Germany, Italy, Brazil, Australia, Russia, South Africa, United Kingdom, United States and Canada; however, have assigned dedicated Real Estate, Travel Services, Technology and Products & Services leads to focus on our emerging markets. Current Projects Further implementation of EY@Work (currently over 80 locations and 75,000 people enabled and supported) and additional deployment of Enterprise Reservation System across EY offices Global Meetings & Events strategy and policy including new structure, RFP for regional venue sourcing companies, global small meetings package RFP. Continue to push cross-border opportunities within Products & Services category to increase spend under management. Improve demand management through EMEIA, Asia-Pacific and Latin America travel management company (TMC) implementations. Indirect cost reduction (IDC) program support Global Process owner for Executive Assistants (EA) and Facilities Management (FM). Global Source to Pay system (Mercury); pilots completed and working with wave 1 countries

4 Diversity and Inclusiveness Procurement at EY D&I: Part of our Vision 2020 ambition to crate High performing Teams Global program focusing on key countries, including US, UK and South Africa EY s Diverse supplier base: 62% minority business enterprises 31% women business enterprises 3% LGBT enterprises 4% others Global Citizen commitment to spend $100m with women owned businesses by 2020 D&I Procurement Top categories for diverse spend at EY : Technology, capital Projects, Professional Services and Travel ( Hotel/Venue) Promote EOY and EWW (entrepreneurial winning women) to increase diverse representation Did you know that for organizations that focus on supplier? diversity, it can generate a 133% greater return on procurement investments than a typical business who doesn t focus on having a diverse supply chain? D&I Procurement s mission is to create a distinctive environment for diverse entrepreneurs to develop innovative solutions and strategies for EY and our clients to build a better working world D&I Procurement is led by Theresa Harrison and supported by Rosemary Weppler, Lorenzo Bell and Lori Benson. Supplier diversity is defined as a proactive business process that seeks to provide suppliers equal access to supply chain procurement opportunities It promotes supplier participation reflective of a diverse business* community and encourages economic development Clear Procurement commitment statement on D&I as well as D&I obligations on existing suppliers in Supplier Code of Conduct *A diverse business is defined as a company that is certified to be at least 51% owned, operated and controlled by one or more minority, woman, LGBT, people with disability, aboriginal or indigenous person. In addition, historically underutilized business and social enterprise as defined by the local country will be included in the diverse business classification Page 4 Diversity & Inclusiveness Procurement

5 Diversity & Inclusiveness Procurement commitment statement EY s Diversity & Inclusiveness Procurement strategy s key objective is to identify, develop and utilize certified diverse businesses that can enhance our competitive advantage and provide innovative and cost effective products and services for us and our clients. Our commitment is to inspire diverse suppliers to think big and be confident in their ability to provide high quality products and services that meet our business needs. Through our initiative we aim to create a distinctive experience for suppliers by teaming together to develop innovative solutions, strategies and accelerating possibilities as we respond with a diverse mindset to our customers, future clients and communities around us. It is EY s commitment that diverse owned businesses shall have equal opportunity to compete for all goods and services to become preferred suppliers and/or subcontractor(s) for the organization. EY is committed to the development and growth of diverse owned businesses to build a better working world and to expand networks to build trusted and enriched relationships. Procurement commits to provide best efforts to comply with all regulatory agency requirements as well as with federal, state and the local country diversity regulations and programs. A diverse business is defined as a company that is certified to be at least 51% owned, operated and controlled by one or more minority, woman, LGBT, people with disability, aboriginal or indigenous person. In addition, historically underutilized business and social enterprise as defined by the local country will be included in the diverse business classification. Lawrence Phelan Chief Procurement Officer, EY Page 5 Diversity and inclusiveness at EY

6 EY Enterpreneurial Winning Women The EY Entrepreneurial Winning Women program is an executive education program that identifies a select group of high-potential women entrepreneurs whose businesses show real potential to scale and then helps them do it. This year-long program is designed for established, women-led businesses that are ready to scale operations and become global market leaders by: Expanding their knowledge with the latest information, research and executive dialogues about business strategies and practices Identifying potential partners, strategic alliances, customers and suppliers as well as prospective sources of private capital Providing access to informal, one-to-one guidance and support Strengthening their executive leadership and business skills and identifying opportunities to grow through meetings with senior advisors and seasoned entrepreneurs Increasing visibility for them and their companies among corporate executives, investors and the media Page 6 Diversity and inclusiveness at EY

7 Program overview Entrepreneurial Winning Women (WW) is a competitive annual award and evergreen executive leadership program that identifies a select group of high-potential women entrepreneurs whose businesses show real potential to scale and then helps them do it The North American program NA is in its 11 th year and operates as the flagship and model for a network of WW programs throughout the world Page 7 Diversity & Inclusiveness Procurement

8 Community of 430+ women entrepreneurs in 65 countries on every continent From the US pilot in 2008, WW has grown across the world via country and regional programs on every continent Its adoption reflects our success in helping these companies grow and our firm s commitment to gender parity at every level of the economy Page 8 Diversity & Inclusiveness Procurement

9 Setting the pace for peers 2017 global impact study results Growth achieved with continued scale ahead 53% intend to seek external financing in next 12 months 53% will be expanding their business operations internationally 77% say the program has helped them source advisors and role models 62% say the program has had a positive impact on operations Improved comms w external stakeholders Stronger management team More ambitious growth strategy Definition of culture and purpose As thesefounders flourish, their companies grow 35% Average CAGR growthsince becoming Winning Women 166% Average headcount growth since becoming Winning Women Page 9 Diversity & Inclusiveness Procurement

10 Netherlands Winner - EWW Mirjam Terhorst FundIQ Founder Netherlands Mirjam Terhorst started her career as an M&A lawyer in 2003, but soon moved on to become an investment professional in private equity with Rabo Private Equity. Eager to learn, she then also completed a 22-month part-time Executive MBA at Rotterdam School of Management in In 2014 she decided to transition from the corporate environment and founded FundIQ together with Derek de Broekert. FundIQ provides mezzanine finance to Dutch SMEs. Convinced that mezzanine fills a permanent gap in the SME financing landscape, her ambition is to be the trusted entrepreneurial business bank. Page 10 Diversity and inclusiveness at EY

11 Final Thoughts Mark A. Weinberger, our Chairman and CEO, says The only way to be our best is to include our best. That means we need to include the world, not just a piece of it. That all starts with diversity and inclusiveness. It s the smart thing. It s the right thing. And it s the only way to succeed in today s economy. Page 11 Diversity & Inclusiveness Procurement