Meet the 12 KC companies pledging to buy from diverse vendors; Join them in the CEO-to-CEO Challenge

March 8, 2022  |  Channa Steinmetz

Rich Smith, president-emeritus, and Kevin Lewis, CEO and president, Henderson Engineers — one of 12 companies in the first cohort of the CEO-to-CEO Challenge

Editor’s note: The following story was sponsored by KC Rising, a regional initiative to help Kansas City grow faster and more intentionally, as part of a campaign to promote its CEO-to-CEO Challenge on supplier diversity

A dozen high-profile Kansas City companies are at the vanguard of a new regional effort to boost supplier diversity programs that promote equity in buying decisions and support local businesses. 

The CEO-to-CEO Challenge encourages and empowers business-to-business inclusive purchasing via company leaders making a public commitment to equity — and urging others to do the same — while also helping those leaders develop supplier diversity initiatives for the long haul.

So far, 12 Kansas City companies have already heeded the call, including:

Click here to read how some of these companies have begun creating change within their organizations as part of the challenge.

It’s a process meant to showcase action, not just words, said Neal Sharma, co-chair of KC Rising, the regional initiative leading the CEO-to-CEO Challenge. Such action is shown through commitments to eight national best practices, he noted.

CEOs (or other executive leaders) must pledge to:

  • Buy from small and diverse‐owned businesses when possible.
  • Be an advocate for the cause internally and with peers.
  • Establish an internal accountability framework around intentional, inclusive procurement to include data tracking and reporting of new and existing vendors.
  • Tie inclusive procurement goals to the firm’s strategic priorities.
  • Evaluate sourcing and procurement spend and explore opportunities to grow and expand relationships and innovate processes to include diverse suppliers.
  • Build the diversity of the firm’s supplier pipeline.
  • Spotlight success stories of diverse suppliers.
  • Add resources for development and measurement of these activities.

Click here to be among the first 100 Kansas City leaders to take the pledge.

“These practices truly create a culture of intentional diversity within their supply chain, and it’s not just a passing trend or fad,” Sharma said. “I really appreciate and respect the commitment these companies and CEOs have expressed. They are putting their time, resources and money into this effort, rather than just talking about it.”

Click here to learn more about the origins of the CEO-to-CEO challenge and how Sharma thinks it can add value to the local business ecosystem.

The CEO-to-CEO Challenge is powered by Connectus Worldwide, KC Rising and KCSourceLink in collaboration with the Civic Council of Greater Kansas City and the Greater Kansas City Chamber of Commerce.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

2022 Startups to Watch

    stats here

    Related Posts on Startland News

    Immigration debate could stall Moran’s revived Startup Act, again

    By Tommy Felts | September 29, 2017

    Federal legislation geared toward boosting entrepreneurship would make it easier for foreign-born innovators to obtain permanent resident status in the United States. “The newly-introduced Startup Act promotes public policies that would change our KC startup community for the better,” said Melissa Roberts, vice president of communications and outreach for Enterprise Center of Johnson County, which…

    Dave Alburty, CEO of InnovaPrep

    Pipeline alum set to ‘save the world’ through $1M US Army biotech contract

    By Tommy Felts | September 28, 2017

    The U.S. Army recently awarded a Missouri biotech startup a $1 million contract for 24 months. Based in Drexel, Missouri, about an hour south of Kansas City, InnovaPrep was selected out of hundreds of proposals for the Department of Defense’s 2016 Rapid Innovation Fund. The contract is expected to advance development of the U.S. Army…

    Tech startup wants to bring Sunshine, electricity to hurricane victims

    By Tommy Felts | September 28, 2017

    17° 73° Innovation Co. founder Conner Hazelrigg launched a crowdfunding campaign Wednesday to provide disaster relief to Puerto Ricans affected by Hurricane Maria. In response to the island’s electricity shortage, the tech startup wants to deploy its Sunshine Box, a portable solar-charging station that can charge 10 devices at a time. The technology is designed…

    Blooom reaches $1 billion in assets under management

    By Tommy Felts | September 28, 2017

    Blooom announced Thursday that the Leawood-based financial tech firm has reached $1 billion in assets under management, becoming the fastest, independent robo advisor to pass that threshold. Although it’s not the first robo advisor to reach $1 billion, Blooom did so by stretching its dollar much farther than Silicon Valley fintech counterparts, said co-founder Chris Costello. “This…