Happy Thanksgiving

Diversity is even more important in a down economy. To remain competitive, businesses must evolve by maximizing the potential of their employees. When everyone contributes and feels valued, the company is better positioned to succeed.

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Amidst the shrinking budgets, workforce reductions and other adverse impacts of the recession, the halls of corporate America echo again the decades-old question of whether America can afford to continue diversity and inclusion (D&I) initiatives.

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The economy is struggling, unemployment rates are soaring, and retail sales are down nationwide. People are feeling the impact in their paychecks and their pocketbooks.

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One of the first measures companies take when identifying efficiencies, streamlining operations and reducing costs, is to consolidate supply chain/procurement vendors. For better or for worse, this practice tends to favor large-scale suppliers who can usually offer more goods and services for less.

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by Tom Ostrander Vice President, Human Resources Sparrow Hospital & Health System An important aspect of organizational management is learning to stay the course in tough economic times. In the healthcare industry, we are privileged to manage and engage a diverse workforce, provide exceptional health care service to diverse... Read more