Certification in Supplier Diversity Practice Exam

What outcome results from including performance reviews of managers in the supplier diversity program?

1. It isolates the responsibility of supply management

2. It encourages a collaborative effort across departments

3. It leads to increased supplier costs

4. It minimizes the need for supplier engagement

The correct answer is: It encourages a collaborative effort across departments

Including performance reviews of managers in the supplier diversity program fosters a collaborative effort across departments by holding leaders accountable for their roles in promoting diversity within the supply chain. When managers are evaluated based on their contributions to the supplier diversity program, it encourages them to work together with various teams, such as procurement, business development, and supplier relations, to identify and engage diverse suppliers. This approach not only aligns the goals of the organization with the principles of diversity and inclusion but also leads to shared responsibility in achieving supplier diversity objectives. By creating an environment where collaboration is necessary, it strengthens the commitment to integrate diverse suppliers into the company’s operations and fosters a more inclusive business strategy overall. Incorporating performance reviews into this process also signals to all employees the importance of diversity, which can drive more innovative solutions and improve supplier relationships across the organization. This support from leadership helps to cultivate a culture that values diversity, ultimately enhancing the company’s reputation and expanding its competitive advantage in the marketplace.