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Wednesday March 10th 2010

Changes a Firm May Agree To in Order to Settle a Discrimination Lawsuit

Recruiting and Lawsuit

  • Ask search firms to identify widened arrays of candidates.
  • Enhance the interviewing, selection, and hiring skills of managers.
  • Expand college recruitment at historically minority colleges.

Identifying and Developing Talent

  • Form a partnership with nationwide internship programs that target minority students for management careers.
  • Establish a mentoring process.
  • Refine the company’s global sucession planning system to improve the identification of talnt.
  • Improve the selection and developement of managers and leaders to help ensure that they’re capable of maximizing team performance.

Ensuring Fair Treament

  • Conduct extensive diversity training.
  • Implement an alternative dispute resolution process.
  • Include women and minorities on all HR committees throughout the company.

Holding Managers Accountable

  • Link managers’ compensation to their success in creating “openess and inclusion in the workplace.”
  • Implement 360-degree feedback for all managers and supervisors.
  • Redisign the company’s employee attitude survey and begin using annually to monitor employee attitudes.

Improveing Relationships with External Stakeholders

  • Broaden the company’s base of vendors and suppliers to incorporate more minority- and women-owned businesses.
  • Increase banking, investment, and insurance business with minority- and women-owned firms.
  • Add more independent, minority retailers and increase the number of minority managers.

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