ConnXus is in the process of building a great company culture that highly values diversity and inclusiveness.
That has meant giving our employees, customers and partners the opportunity to do what they do better.
We believe the same for voting. Election Day is not a national holiday in the US, making it challenging for employees, employers and those who contribute to the economy to take time to make their voices heard, regardless of party affiliation. We are proud to announce we’re joining forces with Take Off Election Day to encourage you to take time to vote on Election Day. This was a movement started by a group of venture capitalists and technology companies in Silicon Valley, and ConnXus is the first Ohio company to join the movement.
We are proud to announce we’ll be providing our team members the time they need to exercise their right to vote on election day 2016. The voting laws in Ohio grant every employee the right to request the same of their employers. ConnXus joins a list of more than 200 entities that have added their names to this cause – a growing group that has committed to doing what it can to allow team members the time to vote on November 8, 2016.
The ConnXus Team hopes you’ll take time to learn more about the key issues, the candidates that matter most to you, take action, participate, register to vote, and head to the polls on Election Day: November 8, 2016.
It’s that time of year again! The NMSDC Conference will be held October 23-26 in Chicago. The conference will showcase the nation’s largest forum in support of supplier diversity. The following companies will be part of the P&G Community of Partners at the 2016 NMSDC Conference. P&G launched this program to further advance education about supplier diversity amongst suppliers, consumers, and partners while driving greater connections between prospective diverse suppliers and P&G’s supplier network. Read more
MASON, Ohio, Sept. 13, 2016 /PRNewswire/ — ConnXus, a six-year-old supplier diversity software company based in Mason, Ohio, today announced that they are the official technology sponsor for the 2016 global Minority Supplier Development Council United Kingdom (MSDUK) Conference being held September 20-22 in London, England. The conference is a three-day global supplier diversity and inclusive procurement event to be attended by over 600 delegates from Australia, Canada, China, South Africa, the United States, and the United Kingdom.
“Our involvement in the MSDUK conference is a growth driver for our business,” remarked Rod Robinson, ConnXus founder and CEO. “Through the relationships and trust built there, we will expand our footprint in the global procurement market as we continue our plan to disrupt the $10 billion supply chain software market. More than money though, it is also giving us the opportunity to ensure our diversity practices are inclusive of a global workforce.”
Recently named Ohio’s 2016 Early Stage Company of the Year, ConnXus contributes its rapid, impressive growth to its state-of-the-art, cloud-based technology featuring 1.7 million diverse suppliers and certifications, and the power of partnerships.
“Without the establishment of key local, national, and global partnerships, we could not have seized the opportunity to sponsor the MSDUK conference and raise our recent $5 million Series ‘A’ funding round,” noted Daryl Hammett, ConnXus Chief Operations Officer. We take great pride in moving beyond talent, capital, and customers to build lasting, meaningful relationships.”
The president of The Social Entrepreneurs Fund and investor in ConnXus’ Series “A” round, Liz Luckett, also finds value in the transparency that ConnXus brings to corporate supply chain diversity. She states, “ConnXus offers insight beyond diversity ownership to shed light on employment trends in small businesses by region and vertical industry—a great value to large corporations seeking to leverage supply chain spend to demonstrate their role in job creation across diverse demographics.”
For Wendy Lea, CEO of Cincinnati-based Cintrifuse, ConnXus’ ability to sponsor the MSDUK conference alongside other major organizations such as Procter & Gamble, Enterprise Rent-a-Car, Metlife, Capital One, and the Coca-Cola Company comes as no surprise. “Scaling a startup takes hard work – and it’s a road you can’t go down all on your own. Rod and his team at ConnXus have built a formidable partnership strategy that lets them leverage outside resources so they can focus on what they do best. It’s a strategy I wish more entrepreneurs would embrace,” she said.
It is this level of sophistication and innovation that Mayank Shah, President of MSDUK, is looking forward to sharing with attendees at next week’s conference. “We are excited to partner with companies like ConnXus, which are at the forefront of supplier diversity data and reporting management, in order to achieve our goals of sharing knowledge and developing connections.”
ConnXus (www.connxus.com) is a supplier diversity software company headquartered in Mason, Ohio. The cloud-based platform helps small and diverse businesses, including woman- and minority-owned companies, grow by connecting them to Fortune 2,000 corporations.
About Minority Supplier Development Council United Kingdom (MSDUK)
MSDUK (www.msduk.org.uk) is the UK’s leading non-profit membership organization driving inclusive procurement. The organization promotes the ethos of diversity and inclusion in public and private sector supply chains by identifying and introducing innovative and entrepreneurial ethnic minority owned businesses (EMBs).
From June 21 to 23, nearly 40,000 business owners, corporate executives, and government officials converged in Orlando, Florida’s Orange County Convention Center from across the U.S. and around the world. They were there to generate business opportunities and promote economic growth at the 2016 Women’s Business Enterprise National Council (WBENC) National Conference & Business Fair (NCBF).
Tuesday began a moment of silence, as a show of solidarity with the City of Orlando and the LGBT community in the wake of the tragic Pulse nightclub shootings. (Photo credit: WBENC)
“Women-owned business now comprise 38% of the business population,” said WBENC president and CEO Pamela Prince-Eason. “WBENC is proud to bring together our powerful women’s business enterprises with major corporations and government entities to continue to grow their companies and fuel the economy.”
Founded in 1997, WBENC is the leading third-party certifier of businesses owned and operated by women, with more than 12,000 WBENC-certified WBEs. WBENC’s certification is accepted by over 1,000 U.S. corporations, in addition to many states, cities, and other entities.
Its yearly event is the largest gathering of corporate and government buyers and Women’s Business Enterprises (WBEs) in the nation, where attendees enjoy three days of prominent speakers, practical workshops, and networking opportunities.
Gathered under the theme of “Creating Magic Together,” the 17th Annual NCBF was held in the state that boasts the nation’s fastest growth rate for women-owned business, according to the 2016 State of Women-Owned Businesses Report.
The ConnXus booth at WBENC’s National Conference was a hub for conversations about women-owned businesses, supplier diversity, and inclusion.
Another highlight was the 300-exhibit 2016 National Conference & Business Fair, featuring informative panels, remarks from WBENC leadership, and targeted programming from event sponsors. The Women’s Enterprise Forum concluded with an address from keynote speaker Jennifer Brown on diversity and inclusion as a growth enabler for business.
Attendees also heard from C-level executives representing the 2016 conference co-chairs, including Shell; The Walt Disney Company; and Wells Fargo.
New Report Charts Record WBE Growth
The recently released 2016 State of Women-Owned Businesses Report expands on prior years’ geographic analysis to include trends in the top 50 metropolitan areas (up from 25), along with the industrial mix of minority women-owned firms.
“The number and economic contributions of women-owned firms continue to rise at rates higher than the national average – with even stronger business formation rates seen since the recession,” the study notes. “As of 2016, it is estimated that there are now 11.3 million women-owned businesses in the United States, employing nearly 9 million people and generating over $1.6 trillion in revenues.”
Other major trends include :
- The ranks of women-owned firms increased by 45% between 2007 and 2016, compared to a 9% increase among all businesses – a rate five times faster than the national average.
- Employment in women-owned businesses has grown by 18% since the recession, while job growth among all U.S. businesses has declined by 1% since 2007.
- Business revenues among women-owned firms rose by 35% since 2007, compared to 27% among all U.S. firms – a rate 30% higher than the national average.
- Women are now the majority owners of 38% of the country’s businesses, up from 29% in 2007.
- Women-owned companies now employ 8% of the nation’s private-sector workforce – up from 6% nine years ago – and contribute 4% of the nation’s business revenues, a share that has not changed over the past 20 years.
Behind the Numbers: One Entrepreneur’s Perspective
Behind every statistic is a real business, with owners, customers, and vendors. One such entrepreneur is Cathy Lindemann, president and founder of Cincinnati, Ohio-based Evolution creative solutions.
So what’s her take on the state of women-owned business – and the increasing awareness that a more inclusive supplier base can actually be a competitive advantage?
According to Cathy, the impact that supplier diversity has afforded her company has been crucial — “not only in the way of gaining contracts, but the knowledge, experiences, and increased opportunities that otherwise would have been left in the dark.”
Lindemann, whose company provides commercial and large-format printing and brand design services, also credits her embrace of supplier diversity for personal growth as a woman entrepreneur: “I have grown tremendously as a leader, while expanding my knowledge base not only about successful business leadership, but also on managing more efficient business operations. The ample networking opportunities have allowed me to interact with and learn from a variety of new businesses and diverse business leaders, whom I otherwise might not have met.”
In fact, she directly credits supplier diversity with her firm’s improved financial success and operational efficiencies. “Not only has it streamlined our business procedures, but it has revolutionized the ways in which we market our product offerings to new markets,” Lindemann notes. “Because of the increase in audience reach, our small business has experienced an outstanding growth in revenue.”
What’s more, the entrepreneur adds, “supplier diversity has positively impacted my employees. Through supplier diversity, they’ve been offered better benefits and more opportunities for personal and professional growth. Our team has grown closer and increased our growing culture of positivity, giving employees a newfound sense of pride, equality, and empowerment through leading.”
Lindemann is so convinced of this approach that she now serves as a mentor to other local women-owned businesses, especially during the WBE-certification process. “And once they are certified,” she says, “I help them narrow down which events and networking opportunities are best suited for their specific needs. Evolution creative solutions also has made financial donations to other WBE’s and small businesses to help them succeed.”
STAY TUNED! In our next post, we’ll explain why more and more companies are moving beyond supplier diversity … to supplier inclusion.