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Orlando, FL April 7 – 10, 2013 NAEP Annual Meeting The Magic of Collaboration & Partnership.

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Presentation on theme: "Orlando, FL April 7 – 10, 2013 NAEP Annual Meeting The Magic of Collaboration & Partnership."— Presentation transcript:

1 Orlando, FL April 7 – 10, 2013 NAEP Annual Meeting The Magic of Collaboration & Partnership

2 Building Professional Service Partnerships: A Strategic Imperative for Supplier Diversity Programs Annual Meeting April 7 - 10, 2013 Orlando, Florida 2 Nadia M. Quarles, Esq., Assistant Vice President for Business Dive rsity

3 3 Founded in 1892, and located on a 215 acre campus, 7 miles south of Chicago’s downtown

4 Reporting Structure - Senior Leadership Accountability Executive Leadership – Robert Zimmer, President Board Leadership – John Rogers, Jr., Trustee Single Executive with Accountability – Executive Vice President for Administration and CFO Annual Meeting April 7 - 10, 2013 Orlando, Florida 4

5 Business Diversity at the University of Chicago Our Goal: Become a national model for inclusion and opportunity in business relationships Strategies for accomplishing this goal : Traditional Model :Typically aimed at entry level jobs (janitorial, construction, etc.) University of Chicago Focus :Building professional service partnerships with minority-and women-owned firms Annual Meeting April 7 - 10, 2013 Orlando, Florida 5

6 Business Case for a Professional Service Driven Program Professional Service industries are the greatest drivers of economic development and pay the highest wages: » Legal » IT » Money Management (Endowment Investments) » Accounting » Marketing/Advertising » Human Resources » Architecture Annual Meeting April 7 - 10, 2013 Orlando, Florida 6

7 Our Approach Grassroots, hand to hand combat ADD to the pool of University partners, not replace existing relationships Find and facilitate sustainable relationships with key partners in a highly decentralized environment Support partners in every step of the process Annual Meeting April 7 - 10, 2013 Orlando, Florida 7

8 Annual Professional Services Symposium Departmental overviews by senior leaders, networking reception and full day of business presentations Brings together firms and senior decision makers Provides a forum that facilitates direct introductions Active engagement goes well beyond the Symposium Results closely monitored and tracked Annual Meeting April 7 - 10, 2013 Orlando, Florida 8

9 Symposium Results – Innovative Partnerships Annual Meeting April 7 - 10, 2013 Orlando, Florida 9 “I applaud the University of Chicago for including Ebony and Black Enterprise in their marketing and advertising strategy. As the African American buying power approaches one trillion dollars annually, advertising in trusted publications like Ebony and Black Enterprise is a smart business decision and a wise approach to increase one’s visibility in the community.” Andrea L. Zopp President and CEO, Chicago Urban League

10 10 Partnership with Ebony: “Public Schools, Private Innovations” - roundtable event on MSNBC, featured Urban Education Institute and distinguished local /national experts discussing the public education crisis.

11 Symposium Results – Over 20 New Firms Executive Search: The Hollins Group and the Exeter Group Hired 2 minority-owned money management firms to invest a portion of the University’s endowment funds: Chicago-based Holland Capital Management and Earnest Partners from Atlanta External Audit partnerships with Washington, Pittman & McKeever and Mitchell & Titus Williams Capital Management’s taxable bond proceeds management Annual Meeting April 7 - 10, 2013 Orlando, Florida 11

12 Symposium Results… Risk Management: Lambent Risk Management Services Legal Services: provided to the University by Neal & Leroy, Green and Letts and Pugh, Jones and Johnson Financial Services: Loop Capital, Cabrera Capital Markets IT Services: Blackwell Global Consulting, a CGN Company and Excel Solutions Annual Meeting April 7 - 10, 2013 Orlando, Florida 12

13 Annual Meeting April 7 - 10, 2013 Orlando, Florida 13

14 Questions? Nadia M. Quarles, Esq. Assistant Vice President for Business Diversity The University of Chicago 6054 S. Drexel Avenue, Suite 445 Chicago, IL 60637 773-702-2553 nquarles@uchicago.edu http://businessdiversity.uchicago.edu Annual Meeting April 7 - 10, 2013 Orlando, Florida 14


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