NAICS (the North American Industry Classification System) codes, pronounced “NAKES” can have a profound impact on SDMWVLGBTBEs (Small Disadvantaged or Disabled, Minority, Women, Veteran, Lesbian, Gay, Bisexual or Transgendered Business Enterprises) for a bunch of reasons. NAICS is a shorthand description of your business’s good and services used by many of the US certifying agencies.…

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So we’re all entrepreneurs here, right? SDMWVLGBTBE (Small Disadvantaged or Disabled, Minority, Women, Veteran, Lesbian, Gay, Bisexual or Transgendered Business Enterprise) owner(s), certified or on the path to certification or interested in the topic. We write and talk about supplier diversity professionals and certifying organizations, but it occurs to us that we haven’t talked much about the…

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We’ve talked about how Supplier Diversity has its roots in Civil Rights and Affirmative Action legislation before.  Long story short, President Johnson amended President Kennedy’s E.O. 11246, which established the Office of Federal Contract Compliance. This required companies with federal contracts to make good-faith efforts to expand employment opportunities for both women and minorities. Once…

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We get asked this question frequently: I’m selling my business (or buying one). Is the diversity certification transferable? There is no short yes or no answer, the reality is that it depends on the type of certification held and who is  purchasing the business. What’s actually being certified? The certification process is two-fold. 1) The business…

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In the world of supplier diversity literature, best practices are defined and expressed by the professionals in corporations and government agencies. SDMWVLGBTBE (Small Disadvantaged or Disabled, Minority, Women, Veteran, Lesbian, Gay, Bisexual or Transgendered Business Enterprise) owners are often unaware of the challenges facing supplier diversity organizations. We’ve written about The Inclusion Dividend: Why Investing…

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We hear stories from SDMWVLGBTBE (Small Disadvantaged or Disabled, Minority, Women, Veteran, Lesbian, Gay, Bisexual or Transgendered Business Enterprise) owners about how a client told him or her to get a diversity certification. And, while we’re perfectly happy to work with those owners, there are a few thoughts we like to share. Because we’re certification neutral, we…

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We often talk about the history of supplier diversity, how its roots are buried in the affirmative action/equal employment opportunities that came out of the Kennedy, Johnson and Nixon administrations.  Some of our staff actually marched (and sat) in solidarity with Martin Luther King, Jr’s mission at various locations and campuses in the Midwest and…

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So, you want to get certified as a SDMWVLGBTBE (Small Disadvantaged or Disabled, Minority, Women, Veteran, Lesbian, Gay, Bisexual or Transgendered Business Enterprise) but the list of documents is overwhelming. And, in some instances, the business might not even have everything the certifying agency requires. We know many people who have decided not to pursue…

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Certified small DMWVLGBTBEs (Disadvantaged or Disabled, Minority, Women, Veteran, Lesbian, Gay, Bisexual or Transgendered Business Enterprises) reap the benefits of the diversity spend goals set by government agencies and large corporations. These organizations understand the compelling business case for diversity and inclusion.  A couple years ago, we wrote several posts based on the book The Inclusion Dividend:…

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If you’re a DMWVLGBTBE (Disadvantaged or Disabled, Minority, Women, Veteran, Lesbian, Gay, Bisexual or Transgendered Business Enterprise), particularly if you’re a small business, you’ve probably heard that advice. We’ve talked about having a strategy when it comes to selecting the certifications that are right for your business, but just jumping right into filling out a…

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