Large companies are striving to increase their purchases from small, diverse-owned businesses — those that are 51% or more owned and operated by an individual or group that is part of a historically underrepresented or underserved group . Despite their pledges, they are struggling to meet their goals. The practices of four federal agencies can help them make their programs more effective.
in the United States to address racial injustice that it sparked, large companies in the United States have been increasingly looking to supplier diversity programs as a means to advance racial equity.is a Kogod Research Professor and associate professor of information technology and analytics at American University and a visiting associate professor of business administration at the University of Virginia’s Darden School of Business.