|
ABOUT CHICAGO UNITED
Chicago
United is an advocacy organization made up of racially diverse
CEOs and executive level management who increase economic opportunity
for all races by promoting multiracial leadership development
in corporate governance, the leadership pipeline and business
partnerships. Through a fierce brand of constructive conversation,
Chicago United fosters inclusion and provides an opportunity for
senior executives from all racial and ethnic groups to learn from
one another, confront and break down racial barriers and achieve
shared objectives.
Chicago
United's members range from emerging businesses to Fortune 500
corporations, representing some of the Chicago’s brightest leaders.
These companies have a shared investment in the city and in building
sustainable diversity in the workforce and leadership. Members
are among the nation’s thought leaders in developing sustainable
diversity in a way that strengthens the corporate community, the
broader economy and society as a whole.
History
The 1968 riots that followed the tragic death of Dr. Martin Luther King Jr. prompted
top business leaders to discuss solutions to local economic instability and racial
unrest thereby launching Chicago United. For 40 years, Chicago United has maintained
the dialogue among multiracial senior leadership driving corporate and minority-owned
businesses, civic and non-profit leadership in the common goal of a creating a stronger
social and economic climate for all races.
Strategy
To have the greatest beneficial impact in the business environment, we take a holistic
view in developing sustainable diversity. For that reason we focus on three key
interrelated areas of multiracial leadership:
• Governance
• Management
• Business Partnerships
It is critical to understand
the interrelated nature of these three areas and why they impact sustainable diversity
in corporate America.
Governance determines the
directives that focus on the economic well being of the corporation, including the
markets served, vision of the supply chain, workforce development policies and social
investment policies. Diversity brings depth and richness to the board decisions,
which ultimately benefits the corporations.
Executive level management
implements the directives of the corporation as determined by the board. Diversity
brings real world sensitivities to the demands of human resource development, marketing,
supply chain development, and social responsibility. A diverse leadership group,
in conjunction with a diverse board, can affect the types of business decisions
necessary to position corporations for sustainable success in the global business
environment. As these businesses succeed, the city's social and economic fabric
is strengthened, and as the city gets stronger, the corporation's foundation for
continued growth and success also gets stronger.
Finally, diverse business
partnerships provide business trading partners that mirror the customer base, as
well as the demographic environment. It is beneficial for the corporation to develop
relationships that add value both in cost containment and market penetration. As
corporations and minority business enterprises forge strong business partnerships,
the City of Chicago's economic infrastructure gets strengthened by the building
of wealth in diverse communities. The enhanced flow of money improves the property
tax base, increases employment and earnings, ignites business activity and creates
the multiplier effects of local firms and residents spending dollars with other
local firms. Chicago United’s
Forward Five Initiative,
is one example of a strategic effort designed to build a stronger regional economy
and minority businesses of scale.
<Download The Chicago United Fact Sheet>
|