Foodbuy in Top 50 Organizations for Multicultural Business Opportunities
Foodbuy and Compass Group are proud to be named to OMNIKAL’s Top 50 Organizations for Multicultural Business Opportunities list for 2018! This is the second year in a row Foodbuy and Compass Group has been named to this list.
Who are the Omni50?
The Omni50 represents the voice of OMNIKAL’s 2,100,000 members. The list is circulated by over 1000 organizations, which reaches millions of consumers every year. Since 1999, it has become a highly valued metric of excellence in reaching the diverse and inclusive majority marketplace.
The Omni50 Awards is the most recognized honor for diversity and inclusion in the country. These award-winning companies truly differentiate themselves in the marketplace in a time when inclusion has become one of the most important goals of every organization. It is also at a time when public recognition is key to ongoing financial, ethical, social and cultural success.
“The inclusion practices of the “Omni50” Awardees have changed the course of our current economy and as a result, the world as we know it” said Kenton Clarke, CEO of OMNIKAL. “The changing multicultural and multi-generational landscape of our country has demanded this evolution. OMNIKAL is proud to have been a force in the business world for such positive change. Our mission and goal is to equalize, broaden and level the playing field for both brands and an increasingly varied vendor/supplier marketplace.”
Top Honors for Top Organizations Who Do the Right Thing
Most “top” lists honor companies for traditional economic growth, shareholder returns and similar metrics; however, the Omni50 awards are an indicator of which organizations provide the best business opportunities to the increasingly inclusive majority marketplace. This, in turn, influences more organizations, as they compete for market share in multicultural and multigenerational communities.
The Business Power of Inclusion
As the culturally diverse market gains more buying power, corporations have to focus their efforts on rebranding and reorganizing to avoid losing market share and to remain current and relevant.
The Omni50 list has therefore become the most critical guide for businesses as well as consumers. “As a business owner, I appreciate the business we receive from corporate buyers; and in turn, when I buy either personally or for my company, I am more likely to buy from the same companies that support my business or are supporting businesses like mine,” said Kathy Steele, principle of Red Caffeine headquartered in Elmhurst, Illinois.
Valuing Our Diverse Suppliers
“Compass Group’s North American Division views diversity as a fundamental business strategy. ‘Embrace Diversity’ is one of our five Global Core Values. Our supplier diversity team is committed to the development, utilization and growth of diverse suppliers. Foodbuy LLC, our purchasing organization, aims to include qualified diverse suppliers in all aspects of the procurement process. Further, we expect our major Vendor Partners to use similar inclusive practices in their procurement programs and vendor relationships.”
-GARY GREEN, CEO COMPASS GROUP NORTH AMERICA DIVISION