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A New Vision for Diversity and Inclusion Onondaga Community College Onondaga County, NY

A New Vision for Diversity and Inclusion Onondaga Community College Onondaga County, NY March 2, 2009. Introduction // Diversity Client Value. Agenda. Introduction Diversity and US Competitive Advantage OCC Demographics Diversity Return on Investment and OCC.

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A New Vision for Diversity and Inclusion Onondaga Community College Onondaga County, NY

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  1. A New Vision for Diversity and Inclusion Onondaga Community College Onondaga County, NY March 2, 2009

  2. Introduction // Diversity Client Value

  3. Agenda Introduction Diversity and US Competitive Advantage OCC Demographics Diversity Return on Investment and OCC

  4. Competitive Advantage // Demographic Shifts Percentage of US Minority Employment 2000 vs. 2005 US EM Growth: 29.22% to 31.55% 2000 2005 Source: Equal Employment Opportunity Commission EEO 1 Report 2000 & 2005

  5. Competitive Advantage // Ethnic Minorities US ethnic minorities are growing at a rate that is faster than white both in populations numbers and buying power. Growth in US Population: 1990-2012 Growth in US Buying Power: 1990-2012 Source: Selig Center for Economic Growth, The University of Georgia, 2007 and Virtcom Consulting analytics

  6. Competitive Advantage // Aging % of Population Age 65 and Over 2000 United States 2050 Sweden United Kingdom Australia France Germany Czech Republic Korea Japan Spain 0% 10% 20% 30% 40% Source: OECD Demographic & Labor Force Projections Database

  7. Competitive Advantage // Diversity Jeopardy These businesses generate $1.5 trillion in sales and employ 9.2 million people. What are Hispanic-Owned Businesses? What are Women-Owned Businesses? What are Women-Owned Businesses? What are African American-Owned Businesses? What are Asian-Owned Businesses?

  8. Competitive Advantage // Community Colleges • Community Colleges offer the US two major global competitive advantages • Offers a way to reskill aging along with younger talent missed via the high school system • Broad range of age, experience, perspectives and ethnicities creates “natural population diversity”

  9. Agenda Introduction Diversity and US Competitive Advantage OCC Demographics Diversity Return on Investment and OCC

  10. OCC// Student Demographics Fall Headcount 1999-2008 Number of People Year

  11. OCC // Student Demographics Percentage Distribution of Enrollment by Gender — Fall Semesters % of Enrollment Year

  12. OCC // Student Demographics Race/Ethnicity Distribution of Students — Fall Semesters % of Students Year

  13. OCC // Student Demographics Age Distribution of Students — Fall Semesters % of Students Year

  14. OCC // Employee Demographics Race and Ethnic Distribution of OCC Employees — Fall Semesters Race or Ethnic Group % of Employees or Count Residents

  15. Agenda Introduction Diversity and US Competitive Advantage OCC Demographics Diversity Return on Investment and OCC

  16. DROI // Business Case to DROI

  17. DROI // 5 Forces Business Concept: Diversity Blindspots Business Metrics Model: Diversity ROI Scorecard Business Strategy Tool: Diversity Value Chain Revenue Growth Cost Savings Productivity Gains Capital Gains Business Learning & Leadership Model: Diversity Profit Training Business Operational Efficiency Model: Diversity ROI Audit

  18. DROI // Blindspots Definitions • A Blindspot is defined as: • “a subject about which an individual is ignorant… and fails to exercise good judgment”* • A Blindspot related to diversity and business is defined as: • “a missed business opportunity linked to diverse employees, suppliers, community, marketing, business development, or capital investment”** A Blindspot in the context of diversity & business is a missed diversity business opportunity. *Princeton World Dictionary **Virtcom Consulting

  19. DROI // Framework Virtcom Diversity Value Chain™ Workplace Marketplace WORKPLACE INCLUSION SUPPLIER DIVERSITY COMMUNITY/ REGULATORY DIVERSITY MARKETING DIVERSITY BUSINESS DEVELOPMENT DIVERSITY INVESTMENT Cost Savings Productivity Gains Revenue Growth Cost Savings Productivity Gains Revenue Growth Revenue Growth Revenue Growth Revenue Growth Capital Gains

  20. DROI // OCC Strategic Gaps and Opportunities • Diversity Gaps: Recruitment, Retention, Promotion • Solution: Diversity Recruitment Strategy • DROI: Cost-Savings, Productivity Gains Workforce (staff and faculty) • Diversity Gaps: Developing an inclusive work culture • Solution: Employee Engagement and Connectivity Analysis • DROI: Cost-Savings, Productivity Gains Workplace (staff, faculty and students) • Diversity Gaps: Ensuring diverse student talent and aligned employers • Solution: Alliances and partnerships with employers/institutions • DROI: Revenue Growth Marketplace (students, employers) • Diversity Gaps: Presence in diverse communities, weak diversity brand • Solution: Diversity Branding and outreach • DROI: Revenue Growth Community (funders, employers, policymakers)

  21. Q&A

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