“We have always strived
to make meaningful contributions to the economic growth of diverse companies
and communities, which means leveling the playing field, removing barriers and
working in alliance with other corporations to build up a strong network and
ecosystem for diverse business success.” — Jalayna Bolden, director, supplier diversity
Q. When did your company
begin its supplier diversity
program?
A: 1968.
Q: Can you tell us a bit about your supplier diversity program history?
A: AT&T’s program
was born out of the 1960s as the country was faced with systemic racial and
economic challenges. During that time, several business leaders in the Chicago
community realized that business ownership was one of the keys to economic
empowerment.
AT&T — then Western
Electric [Co.] — joined by a few other dedicated leaders in the business and
civil rights community, began the first Small Business Opportunity Day held at
our Hawthorne Works facility in 1968. That year, AT&T recorded $175,000 in
purchases from nine minority businesses. Over the last 53 years, through
multiple business transformations, our program remains strong, and we remain
committed to supporting diverse businesses.
Since 1968, we have
spent approximately $200 billion with minority, women’s, disabled, veteran and
[lesbian, gay, bisexual and transgender] businesses, which helped to spur a
legion of new businesses in communications and technology. We have been in the
forefront to help launch diversity business organizations and provide resources
for the ecosystem that supports diverse-business success. We continue to
support diverse businesses at AT&T because, for over 53 years, we know it
makes us a stronger company.
Today, our program is
focused on supplier advocacy and business fostering and development. We
understand that spend is important, yet we believe that providing a pathway for
diverse businesses to build capacity is critical for their viability and
continued growth. We are intentional in encouraging business fostering and
mentoring, particularly between large prime contractors and smaller diverse
businesses. We are taking business development to the next phase.
Q: Why did your company
decide to become a BDR member?
A: AT&T is an
inaugural member of Billion Dollar Roundtable. Our association with BDR began
with our participation in the initial meetings working with Don McKneely
[founder and president of MBN USA and chairman emeritus of Billion Dollar
Roundtable Inc.], representatives at Ford [Motor Co.] and the U.S. Department
of Commerce Minority Business Development Agency to develop strategy and
determine the charter for BDR. AT&T was one of the 10 corporations in 2001
that documented spend of more than $1 billion with minority-owned businesses.
We have always strived
to make meaningful contributions to the economic growth of diverse companies
and communities, which means leveling the playing field, removing barriers and
working in alliance with other corporations to build up a strong network and
ecosystem for diverse business success. BDR is at the core of helping
corporations build supplier diversity success. AT&T is proud to be a
founding member, and we continue to build on our relationship and legacy with
BDR.
Q: Besides having a $1 billion annual spend with
diverse suppliers, what does it take to be a BDR company?
A: As an inaugural
member of BDR, we embody and embrace the goals and mission of the organization.
For others who aspire to become a BDR member, it — first and foremost — takes
commitment. Not just a statement of commitment, but a true commitment to
setting and attaining goals for spend and strategies for MBE growth and
development. Corporations also should understand that supplier diversity is a
business imperative and is integral to how we support our communities and our economy.
It also takes
collaboration between supplier diversity, supply chain and the business units
within your corporation to move the needle. Supplier diversity managers should
be aligned to support the sourcing team that manages commodity categories throughout
the procurement process. This approach will provide collaboration with key
business partners, enabling the team to advocate for diverse suppliers with
successful outcomes.
Q: How has your company
benefited from BDR membership?
A: From its inception
and our participation, BDR has served as the grounding that was needed for
corporations to discuss common challenges and discover solutions that could
help all of us in our respective corporations.
BDR created the forum
where we can share, learn from one another and achieve success in our
respective programs and, ultimately, contribute to growing world-class
suppliers. AT&T consults with BDR corporate members often to survey and
benchmark when seeking suppliers in nontraditional areas of spend or for program
strategies.
AT&T has been
afforded the opportunity to help create policies and provide solutions to
advance diverse businesses. We are currently doing business with several
companies that have increased capacity over the years through the support of BDR
corporate members. Diverse companies who are scaling their businesses are
introduced to BDR members which can lead to increased opportunities.
We benefit from BDR
membership because we recognize the economic impact and value of providing
opportunities and driving equity and inclusion for the supplier diversity
community by collaborating with other corporations.
Q: What advice do you have for MBEs interested in doing business with your company?
A: My tips are as true
today as they were yesterday, but I believe they are foundational to assisting
MBEs open the door to getting seats at the table.
Do your research. Know
our current business areas of focus and planned projects. Read the information
provided in industry publications and on our corporate and AT&T suppliers
website for our supplier requirements. We are very dynamic, and we are
transforming various aspects of our business.
Be able to articulate
your business proposition. What I mean by this is not just give us your
marketing pitch; make sure that your company can bring complementary or new,
innovative solutions to the table. Be a problem solver!
Be open to a Tier II
opportunity with an AT&T prime supplier. It is a path to begin a relationship
with AT&T indirectly. You want an opportunity to participate, and for many
MBEs that are smaller, this [Tier II opportunity] is a great entry.
Q: What’s your vision for the future of minority business development and supply chain diversity?
A: We believe it is
critical to invest in diverse supplier success and growth. AT&T recognized
that a refreshed approach to our program was needed, and we pivoted our program
to develop our three-pillar approach of business fostering, Tier II improvement
and advocacy. These initiatives within our program promote scale and capacity
for many of our diverse suppliers, which can lead to business growth.
The economic impact of
supplier diversity is vitally important and should not be ignored. We began
collecting workforce data from our suppliers to determine our contribution to
the number of jobs retained and jobs created in the communities we serve. BDR
is one of the places where these conversations are taking place. We are proud
of being a BDR member.
To learn more about
AT&T’s supplier diversity program, visit attsupplierdiversity.com.