On Thursday 7th October 2021, Huron, Simfoni, and TealBook conducted an online webinar around ‘”Supplier Diversity Strategies for the Education Sector”. The speakers on the panel consisted of Lisa Westgate, Director of Community working at TealBook. Derek Smith, Managing Director from Huron. Jason Stern, CEO of Simfoni Spend Analytics, Simfoni with Shannon Wegner, Head of Partnerships from Simfoni as a moderator. All three speakers focused on How you can identify and manage your diversity spend in Higher Education as well as knowing what you have now and where to look for additional resources. The highlight of the discussion was also around the characteristics of a diversity program as well as the technology around this.
The event saw a great turnout, with attendees from various industries. The discussion of the webinar kicked off with an open discussion around why there is such an increased focus on diversity in the education sector at this time. Derek Smith shed light as to why we are seeing this increased focus and then provided key insights as to the primary pillars of a strong diversity program for Higher Education. Lisa Westgate also provided key insights into the primary elements of a strong program. Next Jason Stern help guide the conversation by enlightening the audience with key findings on how technology can help improve a diversity program in Higher Education and all industries.
As the discussion progressed it was clear that while there are many ways to build a strong program, we must also be aware that there are many areas where programs fail short. Derek helped shed light on some of the key pitfalls of Supplier Diversity programs and how to avoid these common challenges. Lisa then took the audience through a journey on how data can help avoid these challenges and can help strengthen one’s diversity program and Jason pulled it all together with the use of technology implementations and Simfoni Spend Analytics.
The Webinar concluded with two case studies where data, technology, and consulting delivered results to a client where they saw true success and savings because of a best-in-class Diversity Program and finally a look into the future of what our speakers think will be next for Supplier Diversity and Higher Education. They all think this is just the beginning of diversity programs and that ESG will be a big part of what is coming next.
Stay tuned for the next webinar to see what else our leaders have to say.