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A World of Diversity

A Werld of Diversity O Diversity Direct Brought to you by Top 5 locations with the most minority-owned firms California at 1.2 million or 21.2 percent 21.3% of all nonfarm businesses in the United States are minority-owned Texas at 12.5 percent Florida at 11.8 percent New York at 9.3 percent Georgia at 4.6 percent Top 5 industries for minority Growth of minority-owned firms owned firms From 2002 to 2007 60% 16.9% Repair & maintenance, and personal and laundry services 44% 41% 13.1% Health care and social assistance 10.5% Administrative & support, and waste mgt. & remediation svcs. 13% 10% Professional, scientific, and technical services African Hispanie Asian Caucasian American 9.6% Construction Minority businesses hire minority World-class procurement organizations workers to a far greater extent than commit 33 percent more of their spend to do non-minority firms; many of diverse suppliers, putting 13.3 percent of NMSDC's minority companies have total spend into supplier diversity spending 75 percent minority work forces. versus 10.0 percent for typical companies. Minority businesses buy from other minority businesses when they can; 3 out Diversity 50 firms realized a 29 percent higher net profit margin (average) when compared to their of 10 purchase more than 50 percent of matched firms. their goods and services from other minority businesses. Only about 10 percent of all companies assess the impact of supplier diversity efforts on revenue or market share. A Werld of Diversity O Diversity Direct Brought to you by Top 5 locations with the most minority-owned firms California at 1.2 million or 21.2 percent 21.3% of all nonfarm businesses in the United States are minority-owned Texas at 12.5 percent Florida at 11.8 percent New York at 9.3 percent Georgia at 4.6 percent Top 5 industries for minority Growth of minority-owned firms owned firms From 2002 to 2007 60% 16.9% Repair & maintenance, and personal and laundry services 44% 41% 13.1% Health care and social assistance 10.5% Administrative & support, and waste mgt. & remediation svcs. 13% 10% Professional, scientific, and technical services African Hispanie Asian Caucasian American 9.6% Construction Minority businesses hire minority World-class procurement organizations workers to a far greater extent than commit 33 percent more of their spend to do non-minority firms; many of diverse suppliers, putting 13.3 percent of NMSDC's minority companies have total spend into supplier diversity spending 75 percent minority work forces. versus 10.0 percent for typical companies. Minority businesses buy from other minority businesses when they can; 3 out Diversity 50 firms realized a 29 percent higher net profit margin (average) when compared to their of 10 purchase more than 50 percent of matched firms. their goods and services from other minority businesses. Only about 10 percent of all companies assess the impact of supplier diversity efforts on revenue or market share. A Werld of Diversity O Diversity Direct Brought to you by Top 5 locations with the most minority-owned firms California at 1.2 million or 21.2 percent 21.3% of all nonfarm businesses in the United States are minority-owned Texas at 12.5 percent Florida at 11.8 percent New York at 9.3 percent Georgia at 4.6 percent Top 5 industries for minority Growth of minority-owned firms owned firms From 2002 to 2007 60% 16.9% Repair & maintenance, and personal and laundry services 44% 41% 13.1% Health care and social assistance 10.5% Administrative & support, and waste mgt. & remediation svcs. 13% 10% Professional, scientific, and technical services African Hispanie Asian Caucasian American 9.6% Construction Minority businesses hire minority World-class procurement organizations workers to a far greater extent than commit 33 percent more of their spend to do non-minority firms; many of diverse suppliers, putting 13.3 percent of NMSDC's minority companies have total spend into supplier diversity spending 75 percent minority work forces. versus 10.0 percent for typical companies. Minority businesses buy from other minority businesses when they can; 3 out Diversity 50 firms realized a 29 percent higher net profit margin (average) when compared to their of 10 purchase more than 50 percent of matched firms. their goods and services from other minority businesses. Only about 10 percent of all companies assess the impact of supplier diversity efforts on revenue or market share. A Werld of Diversity O Diversity Direct Brought to you by Top 5 locations with the most minority-owned firms California at 1.2 million or 21.2 percent 21.3% of all nonfarm businesses in the United States are minority-owned Texas at 12.5 percent Florida at 11.8 percent New York at 9.3 percent Georgia at 4.6 percent Top 5 industries for minority Growth of minority-owned firms owned firms From 2002 to 2007 60% 16.9% Repair & maintenance, and personal and laundry services 44% 41% 13.1% Health care and social assistance 10.5% Administrative & support, and waste mgt. & remediation svcs. 13% 10% Professional, scientific, and technical services African Hispanie Asian Caucasian American 9.6% Construction Minority businesses hire minority World-class procurement organizations workers to a far greater extent than commit 33 percent more of their spend to do non-minority firms; many of diverse suppliers, putting 13.3 percent of NMSDC's minority companies have total spend into supplier diversity spending 75 percent minority work forces. versus 10.0 percent for typical companies. Minority businesses buy from other minority businesses when they can; 3 out Diversity 50 firms realized a 29 percent higher net profit margin (average) when compared to their of 10 purchase more than 50 percent of matched firms. their goods and services from other minority businesses. Only about 10 percent of all companies assess the impact of supplier diversity efforts on revenue or market share. A Werld of Diversity O Diversity Direct Brought to you by Top 5 locations with the most minority-owned firms California at 1.2 million or 21.2 percent 21.3% of all nonfarm businesses in the United States are minority-owned Texas at 12.5 percent Florida at 11.8 percent New York at 9.3 percent Georgia at 4.6 percent Top 5 industries for minority Growth of minority-owned firms owned firms From 2002 to 2007 60% 16.9% Repair & maintenance, and personal and laundry services 44% 41% 13.1% Health care and social assistance 10.5% Administrative & support, and waste mgt. & remediation svcs. 13% 10% Professional, scientific, and technical services African Hispanie Asian Caucasian American 9.6% Construction Minority businesses hire minority World-class procurement organizations workers to a far greater extent than commit 33 percent more of their spend to do non-minority firms; many of diverse suppliers, putting 13.3 percent of NMSDC's minority companies have total spend into supplier diversity spending 75 percent minority work forces. versus 10.0 percent for typical companies. Minority businesses buy from other minority businesses when they can; 3 out Diversity 50 firms realized a 29 percent higher net profit margin (average) when compared to their of 10 purchase more than 50 percent of matched firms. their goods and services from other minority businesses. Only about 10 percent of all companies assess the impact of supplier diversity efforts on revenue or market share. A Werld of Diversity O Diversity Direct Brought to you by Top 5 locations with the most minority-owned firms California at 1.2 million or 21.2 percent 21.3% of all nonfarm businesses in the United States are minority-owned Texas at 12.5 percent Florida at 11.8 percent New York at 9.3 percent Georgia at 4.6 percent Top 5 industries for minority Growth of minority-owned firms owned firms From 2002 to 2007 60% 16.9% Repair & maintenance, and personal and laundry services 44% 41% 13.1% Health care and social assistance 10.5% Administrative & support, and waste mgt. & remediation svcs. 13% 10% Professional, scientific, and technical services African Hispanie Asian Caucasian American 9.6% Construction Minority businesses hire minority World-class procurement organizations workers to a far greater extent than commit 33 percent more of their spend to do non-minority firms; many of diverse suppliers, putting 13.3 percent of NMSDC's minority companies have total spend into supplier diversity spending 75 percent minority work forces. versus 10.0 percent for typical companies. Minority businesses buy from other minority businesses when they can; 3 out Diversity 50 firms realized a 29 percent higher net profit margin (average) when compared to their of 10 purchase more than 50 percent of matched firms. their goods and services from other minority businesses. Only about 10 percent of all companies assess the impact of supplier diversity efforts on revenue or market share. A Werld of Diversity O Diversity Direct Brought to you by Top 5 locations with the most minority-owned firms California at 1.2 million or 21.2 percent 21.3% of all nonfarm businesses in the United States are minority-owned Texas at 12.5 percent Florida at 11.8 percent New York at 9.3 percent Georgia at 4.6 percent Top 5 industries for minority Growth of minority-owned firms owned firms From 2002 to 2007 60% 16.9% Repair & maintenance, and personal and laundry services 44% 41% 13.1% Health care and social assistance 10.5% Administrative & support, and waste mgt. & remediation svcs. 13% 10% Professional, scientific, and technical services African Hispanie Asian Caucasian American 9.6% Construction Minority businesses hire minority World-class procurement organizations workers to a far greater extent than commit 33 percent more of their spend to do non-minority firms; many of diverse suppliers, putting 13.3 percent of NMSDC's minority companies have total spend into supplier diversity spending 75 percent minority work forces. versus 10.0 percent for typical companies. Minority businesses buy from other minority businesses when they can; 3 out Diversity 50 firms realized a 29 percent higher net profit margin (average) when compared to their of 10 purchase more than 50 percent of matched firms. their goods and services from other minority businesses. Only about 10 percent of all companies assess the impact of supplier diversity efforts on revenue or market share.

A World of Diversity

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A visualization of minority-owned business in the U.S.

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