PowerPoint Presentation · Freddie Mac ERG Priorities Creating Community •Provide a forum for...

2014

www.DiversityBestPractices.com #NALCCHICAGO

2014

C H I C A G O

2014


Round III: ALIGNING WITH THE BUSINESS

Track A: EMERGING ERG LEADERS: Design Innovative & Effective Programming that Adds VALUE to the Business

Facilitator: Crystal Andrews, KPMG Presenters: Bryan Gingrich, Ph.D, Enterprise Diversity & Inclusion Oscar Cordova, Cisco Jorge Guerrero, Freddie Mac

2014


Round III: ALIGNING WITH THE BUSINESS Track A: EMERGING ERG LEADERS: Design

Innovative & Effective Programming that Adds VALUE to the Business

Presenter:

Crystal Andrews Senior Associate, Diversity & Corporate Responsibility Program Management

KPMG

2014

www.DiversityBestPractices.com

Agenda

Introductions

Big Picture – Adding Value

Case Studies

Roundtable Discussion

Closing

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Understanding the Foundation

Company Strategy

Diversity Strategy

ERG Strategy

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ERG Opportunities & Challenges

Opportunities: Build Awareness

Recruitment & Retention

Talent Development

Supplier Diversity

Community Outreach

Business Development

Policy creation

Challenges: Measuring success,

progress and impact

Accountability

Resources – funding and manpower

Leadership support

Maintaining momentum

Business alignment

ERG leadership capabilities

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Best Practice Framework Questionnaire How does the initiative align to the goals

of the diversity and corporate strategy?

Who are the stakeholders and are they engaged in the process?

Do I have the resources needed to successfully execute the initiative?

What does success look like and how am I measuring it?

2014




Presenter:

Bryan Gingrich, Ph.D. SVP, Diversity & Inclusion Infrastructure

& Alignment Manager Enterprise Diversity & Inclusion

2014


Driving Business Outcomes through Ecosystem Innovation

Dr. Bryan Gingrich

2014


Common D&I Challenges

• Driving systemic culture change

• Actively engaging senior leaders

• Integrating D&I into business practices

• Aligning the work to strategic business outcomes

• Fostering Ecosystem collaboration (business lines, Councils, ERGs, Partners)

• Moving beyond awareness to leveraging D&I as a fuel for innovation

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Identify Business Opportunity

1. Identified business opportunities that, if solved, would accelerate progress – Team member engagement

– Inclusive culture

– Diversity recruiting

– Growing the business

– e.g., How can ERGs and LOB Diversity Councils be leveraged to help Wells Fargo attract and retain more diverse consumers and businesses?

2014


Innovation Think Tank

2. Hosted our own “Shark Tank” – Senior Executives as “Sharks”

– 120 ERG, Council & Functional leaders

– Competitive think tank groups

– Presenting the ‘best ideas’ to the sharks • Did the group address the challenge in their pitch?

• Can their idea be implemented in 2014?

• Is their approach collaborative?

• Can success be measured clearly? Is it scalable?

• Are you willing to be the “executive sponsor” based on the pitch?

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Development to Execution

3. Project teams established

– Program manager support

– “Shark” as Executive Sponsor

– Leverage skill, insight, experience of ERG, Council and Functional Partners

• Where are we now? – Design and implementation

• Results & impact? – Incredible energy; High engagement;

Work aligned to strategy & outcomes

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What emerged?

• Allied Voices

Creation of a sustainable D&I Ally program that clearly articulates ‘inclusive behaviors’ and how to be a champion

• Inclusion Quotient

Creation of Inclusion Quotient to measure Inclusion at the company and team member (personal ) level.

• Hands on Banking

Offering financial education in collaboration with ERGs in our communities.

• My Difference Matters

Creating a platform for team members to “tell their D&I story”

• Sponsorship

Implement sustainable programs/connections to sustain leadership development post course completion

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More Time

Allot additional time for ideation and pitch preparation

Research

Provide more pre-reading material, data, etc.

Post Pitch Game Plan

Provide program management support to

better enable the groups to execute

Lessons Learned

2014




Presenter:

Jorge Guerrero Audit Director, Mortgage Sourcing and

Servicing, Internal Audit Division Freddie Mac

2014


Freddie Mac’s ERGs Adding Business Value

2014


Freddie Mac ERG Overview

• 7 Employee Resource Groups

• Model – Sponsor, Chair, Co-Chair and Core Leadership Team

2014


Freddie Mac ERG Priorities

Creating Community

• Provide a forum for employees to network, share relevant experiences and concerns

• Increase cultural awareness

• Support personal development

Community Outreach

• Volunteerism

• Philanthropic initiatives

Commercialization

• Support recruitment initiatives

• Promote retention driving employee Engagement

• Identify and/or support business initiatives

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ERG Commercialization

2014


2014

C H I C A G O

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