Our thoughts, views, and experiences
Prompta proudly Canada’s 2018 LGBT+ Business Enterprise of the Year and 1st
certified diverse Management Consulting firm by the CGLCC is honoured to be participating in the first-ever LGBTQ2 business trade mission to Philadelphia, U.S. to the 2018 National LGBT Chamber of Commerce (NGLCC) International Business & Leadership Conference.
For more information on the trade mission please visit the site below:
Pictured within the photo from left to right is
Karen Ryan of Prompta, moderated an outstanding panel discussion titled 2020 And Beyond: the Future of Supplier Diversity at the 2018 LGBT+ Global Business Summit & Supplier Diversity Forum. The interactive session was focused squarely on how our world is changing at an incredible pace and how technologies like machine learning and AI are transforming how we do business today and will in the future.
The panellists were Kiruba Sankar, Director-CSR, Global Procurement, RBC Royal Bank, and Bibhu Mohapatra, Vendor Manager, IT & Technology Services, TELUS.
Led by Karen, the panel discussed how these rapid technology changes are expected to impact supply chains and procurement practices of the future, and how some sectoral industries are responding. The conversation touched upon the technological changes currently impacting the supply chain including AI, Bots, block chain, Big Data, automation, transportation, & cyber security and the associated business implications and how they are influencing procurement practices, social procurement and supplier diversity.
The session also looked at the impact of social change on supplier diversity and the panelists discussed some of the current and future challenges faced by organizations. They deliberated about the learning and education required to meet the growing demands for change around social procurement and supplier management and how to best support and guide companies and their leaders into 2020 and beyond.
CGLCC announced the winner of the Annual LGBT and Supplier Diversity Award today. Mary Jacobs and Karen Ryan were representing Prompta and accepted the award on behalf of Tim Morton and the Prompta team.
We, the Prompta team, are so honoured to accept this award for Supplier of the Year. When Prompta was started, it was with the goal of creating a safe & healthy environment for everyone to bring their whole self to work and preform at their best. We know that a collaborative, open corporate culture committed to diversity, inclusion, and respect is the best formula for success.
We want to thank the CGLCC and their corporate partners for all their ongoing support and guidance. We strongly endorse the mandate, mission, and vision of the CGLCC and believe that an inclusive-economy is the best way to promote economic growth and prosperity.
The Canadian Gay and Lesbian Chamber of Commerce (CGLCC) today announced the 2018 finalists for its fifth annual LGBT+ Supplier Diversity Awards, sponsored by Kellogg Company. These awards recognize the efforts and participation of both individuals and businesses which champion LGBT+ supplier diversity in Canadian corporate procurement.
CGLCC’s LGBT+ supplier diversity program is supported by over 18 leading Canadian corporations, demonstrating how inclusive procurement practices are bolstering the economic empowerment of Canada’s estimated 140,000 LGBT+ owned-businesses.
“The Program Ambassador of the Year Award recognizes the outstanding efforts of an individual, group, organization or corporation in raising awareness and support of the LGBT+ Supplier Diversity Program in Canada,” says Darrell Schuurman, co-founder and CEO, CGLCC. “The Supplier of the Year Award recognizes the participation, efforts and success of a CGLCC-certified LGBT Business,” added Bruce McDonald, co-founder and Board Chair, CGLCC.
Awards will be presented to winners at a luncheon during the LGBT+ Global Business Summit and Supplier Diversity Forum, Presented by TD Bank on Tuesday, June 5 at 12:20 p.m. at DoubleTree by Hilton Hotel in Downtown Toronto.
LGBT+ Supplier Diversity Awards Finalists, Sponsored by Kellogg Company
The Supplier Diversity Ambassador of the Year Finalists
The Supplier of the Year Award Finalists
About the Canadian Gay and Lesbian Chamber of Commerce
Established in 2003, the Canadian Gay & Lesbian Chamber of Commerce (CGLCC) is a national, non-profit industry association. The CGLCC is committed to forming a broad-based coalition, representative of the various interests of Lesbian, Gay, Bisexual, Trans-identified, Queer, Two-Spirited and Intersex (LGBT+) owned businesses, allied businesses, corporations, professionals, and students of business for the purpose of promoting economic growth and prosperity, through public and private sector advocacy and engagement, to advance the common business interests and opportunities of its members and stakeholders.
A Roadmap to Success
In August 2017, a software engineer at Google distributed a memo called, “Google’s ideological Echo Chamber.” In it, he criticized Google’s approach to diversity and inclusion, saying that “discriminating just to increase representation” was unfair. He went on to say that biological differences between men and women in part explain why there is not a 50-50 balance in tech and leadership.
The Competitive Advantage of a Diverse and Inclusive Culture for Modern Business - hosted by CGLCC and RBC
To successfully disrupt and remain competitive, enterprises need to tap into the incredible benefits that come with a cross-enterprise holistic Diversity & Inclusion (D&I) strategy. The business case for diversity and inclusion is robust, quantifiable and directly connected to the bottom line. Today, prioritizing diversity and inclusion is essential for organizations to remain innovative, competitive and socially responsible.
Companies undertaking a “transformation” are ubiquitous today. But when you look deeply into whether these organizations are truly redefining what they are and what they do, stories of successful change efforts are exceptionally rare. According to Gartner Group, “The failure rate is often as high as 65 to 75%.” The primary cause of failure they say is “failure to anticipate and effectively manage cultural change.”
Managing Partner of Prompta Consulting Group, Tim Morton, speaks with Kenneth Cheung, VP Growth Strategy at K2 Digital about why truly successful companies are those that have diversity in their DNA - not those that perceive diversity as an optional bonus.
Diversity is critical to growth, prosperity, and creates a competitive advantage for companies who leverage the right strategy for workforce diversity. Why? Because among other things, it creates a culture in which people bring, as Tim puts it, their “whole selves.” They are encouraged and invested to contribute to ideation, innovation, perspectives, and views. This, in turn, gives companies a competitive advantage that breeds success.
In this K2 Disrupts, Tim shares his perspective on the challenges and opportunities of implementing workforce diversity. He also provides some practical guidance to help develop a diverse workforce and culture within your company.
Learn how change can be your biggest competitive advantage
One of my best candidate interviews was with a senior marketer applying for a global innovation role. We discussed how the industry was changing and the changes we were making to capitalize on new opportunities. The candidate was engaged and excited, both by our challenges and his ideas on how he could manage them. He became our lead candidate.
Some leaders and recruiters see large-scale change as a source of candidate concern. They fear that candidates will be repelled by the uncertainty, instability and risk that come with transformation. I have found the opposite; an aggressive change agenda is a positive attribute that implies an environment within which candidates could thrive and perform.
Digital transformation is a hot topic in the media. Many news sites and consulting firms have published their takes on the opportunities and threats associated with it. A Google search will direct you to numerous articles with instructive titles like “5 Winning Ways,” “Six Stages,” “Nine Elements,” and “Top 10 Trends” of digital change. There is even a link to a specialized Executive MBA in Digital Transformation.