New Approach... DUH!

Marsh and McClennan is partnering with Heidrick & Struggles to meet at least 10% of its recruiting needs through women and minority-owned businesses. Here's the what and why from the MMC news release:

"MMC is committed to providing our global client base with the innovative solutions and unique perspectives of a diverse workforce, while fostering an inclusive environment that encourages the highest level of confidence among both clients and employees, " said Orlando Ashford, Senior Vice President and Chief Human Resources Officer at MMC. "As we sought to expand the reach and impact of this philosophy, MMC searched for a firm to partner with us - not only to locate and develop diverse talent, but also to open doors in the industry for women- and minority-owned firms. Heidrick & Struggles responded with great excitement, and this agreement - which we hope will be emulated by companies beyond our industry - was born."

Under the agreement, which is embedded in MMC's overall relationship with Heidrick & Struggles, Heidrick will give at least 10% of its work for MMC to women- and minority-owned executive search firms, and will also help these firms identify other opportunities where their services may be of assistance to the company. Heidrick's management of this process will help MMC fulfill a commitment to recruit diverse candidates and cultivate diversity among its vendors."

Wonder why it has taken so long for a company to announce a move like this. It seems like a no-brainer that a company's recruitment function should be part of its supplier diversity strategy.

Lead ON!
Susan Colantuono is CEO of Leading Women. She blogs on networking for PINK Magazine. Follow her on Twitter.
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