Yum! Global Diversity and Inclusion
"Diversity, inclusion and engagement are simply part of our core values at Yum!. 'Believe In All People' means tapping into the diverse skills, cultures, perspectives and experiences of each of our associates to drive great marketplace performance. Our strategic diversity and inclusion vision is to grow leadership, franchisee and supplier pipelines that increasingly reflect our diverse customer and investor base."
Yum! Brands Sr. Director of
Global Diversity and Inclusion
Supplier and Franchisee Diversity
We are extremely proud of the progress we have made, and continue to make, in promoting supplier diversity in the U.S. Led by our Unified FoodService Purchasing Co-op (UFPC) partners and our Support Educate Encourage Diversity (SEED) Team, our associate network focuses on building the impact of minority- and women-owned enterprises in vital areas of our business. In 2006, we asked our key suppliers to track and report their purchasing from minority-owned businesses. This resulted in an increase in our supplier diversity awareness and output to more than eight percent of our overall purchasing expenditures. We are pleased to say that we have recently reached our goal of directing 10 percent of our purchasing expenditures to minority or women-owned businesses.
We continue to increase our efforts in the recruitment of minority franchisees, and are proud of our successes so far. For example, we played a large leadership role in developing and launching the International Franchise Association's MinorityFran Program. MinorityFran is an initiative in partnership with community leaders such as the National Urban League, National Council of LaRaza, the Association of Small Business Development Centers, and the US Pan-Asian American Chamber of Commerce, that provides a one-stop point of access for minority prospects who are exploring franchise opportunities.
In addition, we sponsored an NAACP executive-level leadership forum to further recruit qualified minority franchise candidates. With this and other efforts, we continue to strengthen our relationship with many minority organizations to pursue diversity in our franchisees with intentionality.