Chapter 14

Cultivating Community Partners to Drive Supplier Diversity

IN THIS CHAPTER

Bullet Identifying the importance of collaboration

Bullet Determining how to engage with various stakeholders

Bullet Seeking out community partners at a variety of levels

Bullet Recognizing the benefits of supplier diversity councils

Supplier diversity’s impact on the entrepreneurial ecosystem in local communities is undeniable. This intentional business arrangement between two or more entities to create and share to provide value creation for an audience is present in every local community. More and more supplier diversity programs are looking at collaborative partnerships to help drive results.

Tip You may be asking, “Where’s this entrepreneurial ecosystem in my community?” Well, it’s not a formal group that holds meetings or memberships. Rather, it’s an informal collective of agencies with the same mission. To get started, think about organizations and agencies in your community who work to help small and diverse businesses ...

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