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AALDP Presentation May 2nd_v2

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D.M. (Daryl) Hodnett
D.M. (Daryl) Hodnett

Presentation made to African American Leadership Development 2017 class on Supplier Diversity in Healthcare.

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Supplier Diversity: Thoughts and Strategies 2017 and Beyond Daryl Hodnett-Director, Supplier Diversity and Inclusion AALP Leadership Project Potawatomi Hotel & Conference Center May 2, 2017
Auroras Diversity & Inclusion Journey Fall 2014 - strategic rationale established. November 2014 - Cristy Garcia-Thomas appointed CDO. Early 2015 - Ivy Planning Group performs diversity assessment. August 2015 - Implementation teams formed related to D&I. Culture Consumer Talent Acquisition Community Supplier Diversity October 2015 - Erickajoy Daniels is appointed SVP-D&I to lead implementation. Early FY 2016 - D&I team expands and begins integrating D&I at Aurora. December 2016 - Daryl Hodnett appointed to implement Supplier Diversity effort. 息 Aurora Health Care | 2 Why Supplier Diversity at Aurora?
The Business Case for D&I We help ALL people live well! Improved health outcomes for all Decreased health disparities An expanding diverse population as our consumer. Almost 50% minority population Milwaukee County (U.S. Census Bureau) About 27% AA Population About 52% female population in Milwaukee County We are a responsible corporate citizen. Broader and deeper community involvement and investment D&I is a pillar of Auroras 5-year strategic plan. Best People Best Brand Best Value 息 Aurora Health Care | 3 Why Supplier Diversity at Aurora?
Understand the industry you seek to do business in How is procurement done in the industry (e.g., GPOs, Master Distributors, General Contractors, etc.) Have you focused on the customers key supplier? Know the company you want to do business with What are their REAL needs? Is economic inclusion part of the DNA of the culture? Do you understand the companys future growth areas? Are you looking for a contract (transactional) or to be a long-term vendor (strategic)? How prepared are you to compete? Are you a start-up? Can you scale up your operation? Have you targeted the size customer you can really service? Do you sell what everyone else does (IT, staffing, etc.)? Are you willing to partner with other firms? Are you persistentbut know when to move on! 息 Aurora Health Care | 4 Tips from a Supplier Diversity Practitioner
Future of Supplier Diversity in Health Care More institutions will have to be focused/engaged into the future Health Systems Group Purchasing Organizations (Premier, Vizient, Health Trust, etc.) Large multi-national suppliers (Siemens,GE, Hill-Rom, etc.) Health Insurers (e.g., United Health Care, Humana, etc.) Healthcare Supplier Diversity practitioners need to be developed and empowered A solid business case for supplier diversity in healthcare needs developing Supplier Diversity will become more strategic as it grows across the country in Healthcare It will take a few years to catch up with other industries 息 Aurora Health Care | 5

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AALDP Presentation May 2nd_v2

  • 1. Supplier Diversity: Thoughts and Strategies 2017 and Beyond Daryl Hodnett-Director, Supplier Diversity and Inclusion AALP Leadership Project Potawatomi Hotel & Conference Center May 2, 2017
  • 2. Auroras Diversity & Inclusion Journey Fall 2014 - strategic rationale established. November 2014 - Cristy Garcia-Thomas appointed CDO. Early 2015 - Ivy Planning Group performs diversity assessment. August 2015 - Implementation teams formed related to D&I. Culture Consumer Talent Acquisition Community Supplier Diversity October 2015 - Erickajoy Daniels is appointed SVP-D&I to lead implementation. Early FY 2016 - D&I team expands and begins integrating D&I at Aurora. December 2016 - Daryl Hodnett appointed to implement Supplier Diversity effort. 息 Aurora Health Care | 2 Why Supplier Diversity at Aurora?
  • 3. The Business Case for D&I We help ALL people live well! Improved health outcomes for all Decreased health disparities An expanding diverse population as our consumer. Almost 50% minority population Milwaukee County (U.S. Census Bureau) About 27% AA Population About 52% female population in Milwaukee County We are a responsible corporate citizen. Broader and deeper community involvement and investment D&I is a pillar of Auroras 5-year strategic plan. Best People Best Brand Best Value 息 Aurora Health Care | 3 Why Supplier Diversity at Aurora?
  • 4. Understand the industry you seek to do business in How is procurement done in the industry (e.g., GPOs, Master Distributors, General Contractors, etc.) Have you focused on the customers key supplier? Know the company you want to do business with What are their REAL needs? Is economic inclusion part of the DNA of the culture? Do you understand the companys future growth areas? Are you looking for a contract (transactional) or to be a long-term vendor (strategic)? How prepared are you to compete? Are you a start-up? Can you scale up your operation? Have you targeted the size customer you can really service? Do you sell what everyone else does (IT, staffing, etc.)? Are you willing to partner with other firms? Are you persistentbut know when to move on! 息 Aurora Health Care | 4 Tips from a Supplier Diversity Practitioner
  • 5. Future of Supplier Diversity in Health Care More institutions will have to be focused/engaged into the future Health Systems Group Purchasing Organizations (Premier, Vizient, Health Trust, etc.) Large multi-national suppliers (Siemens,GE, Hill-Rom, etc.) Health Insurers (e.g., United Health Care, Humana, etc.) Healthcare Supplier Diversity practitioners need to be developed and empowered A solid business case for supplier diversity in healthcare needs developing Supplier Diversity will become more strategic as it grows across the country in Healthcare It will take a few years to catch up with other industries 息 Aurora Health Care | 5