Jason Trimiew is the Director of Global Supplier Diversity at Meta. Under his leadership, Meta became a leader and innovator in supplier diversity.  They have spent more than $10 billion cumulatively with US companies certified as minority, women, veteran, LGBTQ, or disabled-owned. Prior to joining Meta, Jason designed and delivered the community impact initiatives for Super Bowl 50, resulting in more than $20 million in grants for Bay Area nonprofits and contracts for local, diverse-owned businesses. Jason and Host Anthony Shop discuss the leverage of radical transparency, the value in obtaining prompt feedback, and how embracing transformative technologies can increase equity in supply chains. 

Takeaways:

• Leaders should actively champion supplier diversity through strategic partnerships, prompt payment practices, and making diversity a component of their corporate culture.
• Integrating businesses of different backgrounds into your supply chain aid both businesses and their communities, cultivating a diverse, inclusive economic environment and helping companies access the best talent.
• Quicker payments to these suppliers stimulate further growth in their communities, as the faster flow of capital aids in the creation of new jobs and wage increases.
• Using effective technology can minimize friction for new suppliers. Things like single sign-on systems, automation, and proactive nudging, help provide access to opportunities sooner.
• Seek genuine feedback from various stakeholders to gauge the effectiveness of your initiatives and make necessary, swift adjustments. 
• As companies develop supplier diversity programs, businesses should share both their successes and failures, allowing others to learn from their experiences, encouraging collaborations, and inspiring improvements.
• Celebrate and acknowledge the achievements of your team members, fostering a culture of positive competition and inspiration. For example, Meta uses a system of rewards to highlight positive contributions toward supplier diversity within the company.

Quote of the Show:

• "Supplier Diversity is a business strategy. It's us wanting to have the best talent competing for our business and helping us execute against our mission as a company, and that's why it's so effective” - Jason Trimiew

Links:

• LinkedIn: https://www.linkedin.com/in/jtrimiew/ 
• Follow Meta’s Supplier Diversity on Facebook: https://www.facebook.com/metaglobalsupplierdiversity/ 
• Twitter: https://twitter.com/JasonTrimiew