Keeping Track of Diversity

There’s been a significant increase on developing sustainable and effective supplier diversity programs in commercial and government procurement communities. There’s is a concommitant desire to measure how effective these programs are against the organization’s strategics objectives.

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Introducing the Women-Owned Small Business Federal Contracting Program

Back in October 2010 the United States Small Business Administration finalized its WOSB Rule to start a new Women-Owned Small Business Federal Contract Program, after a study from the Kauffman-RAND Foundation found 83 industries (based on NAICS codes) where women-owned small businesses were being underrepresented. Beginning Friday, February 4th 2011 the WOSB Federal Contract Program implementation will move forward and it is anticipated the first contracts will be awarded in the fourth quarter of 2011.

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