COMPANIES FOR
DIVERSITY
No. 41 WAL-MART STORES
Lee Scott,
President and CEO
Charlyn J. Porter,
Senior Vice President
and Chief Diversity
Officer
Industry: Retail
Main Competitors: Target, Costco,
Carrefour
U.S. Headquarters: Bentonville, Ark.
Number of U.S. Employees:
1. 3 million
Annual Revenue: $345 billion
of Operations Outside U.S.:
23
WHY IT’S ON THE TOP 50: Wal-Mart
never does anything in a small way,
and its diversity commitment has
intensified each year since it started
in 2004.
DIVERSITY STRENGTHS: The company ties 15 percent of top executive
bonuses to diversity results. Thirty
percent of the board of directors are
people of color, compared with a
Top 50 average of 19 percent.
Management retention is unbiased,
meaning retention rates are level
across race/ethnicity and gender.
Wal-Mart has a strong mentoring
program, with 76 percent of managers participating, compared to a
Top 50 average of 32 percent.
Diversity training is mandatory for
the entire work force (only 58 percent of the Top 50 do this), lasts an
entire day and is held every month.
The company also has very strong
employee-resource groups.
RECENT DIVERSITY SUCCESS:
Wal-Mart received the American Bar
Association 2007 Spirit of
Excellence Corporate Award for its
legal diversity program.
No. 42 DAIMLERCHRYSLER
Specialty Lists:
No. 10 on the Top 10 Companies
for Supplier Diversity
Industry: Automotive
Main Competitors: Ford Motor Co.,
General Motors, Toyota Motor
U.S. Headquarters: Auburn Hills, Mich.
Number of U.S. Employees:
61, 152
Annual Revenue: $62.2 billion
of Operations Outside U.S.:
21
with CEO and President Thomas W.
LaSorda (only 70 percent of Top 50
CEOs do this). The company has
unbiased retention, meaning retention rates are level regardless of
race/ethnicity and gender. Its web site
gets a perfect score for communicating the commitment to diversity.
Thomas W. LaSorda,
President and CEO
WHY IT’S ON THE TOP 50:
DaimlerChrysler has strong Supplier
Diversity and a long-time commitment to diversity, especially for people of color.
DIVERSITY STRENGTHS: The
automaker has strong employee-resource groups that meet regularly
RECENT DIVERSITY SUCCESS: A
diverse, cross-functional team at
DaimlerChrysler helped facilitate
the formation of partnerships and
strategic alliances between Minority
Business Enterprises (MBEs) and
Tier I suppliers, resulting in individual contracts worth as much as
$200 million.
Monica Emerson,
Executive Director
of Diversity
