'Black Enterprise' Names Xerox among '30 Best Companies for Diversity'.STAMFORD, Conn. -- Xerox Corporation's (NYSE NYSE See: New York Stock Exchange :XRX XRX Xerox Corporation (stock symbol) ) demonstrated leadership in diversity makes it one of the "30 Best Companies for Diversity," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a new list announced yesterday by Black Enterprise magazine. "The B.E. 30 Best Companies for Diversity are setting the standard for the rest of corporate America," editors write in the July 2005 issue, on newsstands June 28. "Their commitment to diversity and inclusion are key to maintaining African American African American Multiculture A person having origins in any of the black racial groups of Africa. See Race. gains in employment, earning power Earning power Earnings before interest and taxes (EBIT) divided by total assets. earning power 1. The earnings that an asset could produce under optimal conditions. For example, AT&T may currently be earning $2. , and business ownership." To develop its inaugural list, the magazine evaluated 1,000 of America's largest public companies and 50 global companies with significant U.S. operations on several criteria including supplier diversity Supplier Diversity is a business program that encourages the use of previously underutilized minority owned vendors as suppliers. It is not directly correlated with supply chain diversification, although utilizing more vendors may enhance supply chain diversification. , marketing and community outreach. Winning companies also required significant representation of African Americans and other ethnic minorities in four key areas: corporate procurement, corporate boards, senior management and the total work force. In particular, Xerox was cited as being "among the very best at bringing talented people of color Noun 1. people of color - a race with skin pigmentation different from the white race (especially Blacks) people of colour, colour, color race - people who are believed to belong to the same genetic stock; "some biologists doubt that there are important into the senior management ranks." Further highlighting this honor, Xerox people are featured in a photograph that accompanies the Black Enterprise "30 Best Companies" special report. "A creative, motivated, diverse work force drives the most effective business results," said Philip Harlow, Xerox's chief diversity and employee advocacy officer. "We believe it's vital to continue fostering and monitoring a diversity program that ensures Xerox consistently grows as a company where all employees are empowered, can develop their talents and can build strong careers." Earlier this year, three Xerox executives were selected for Black Enterprise magazine's "75 Most Powerful Blacks in Corporate America" list: Quincy Allen, president, Production Systems Group; Ursula Burns Ursula M. Burns (New York, New York, September 20, 1958 - ) currently serves as president of Xerox Corporation, named to the position in March 2007[1][2]. , president, Business Group Operations; and Emerson Fullwood, chief of staff and marketing, Xerox North America. In addition, other magazines recently citing Xerox on their 2005 "best companies" lists include DiversityInc's "Top 50 Companies for Diversity," Business Ethics' "100 Best Corporate Citizens," and Essence's "35 Great Places to Work." Customer Contacts: For more information on the survey, visit www.blackenterprise.com For more information on Xerox and diversity, visit www.xerox.com/diversity NOTE TO EDITORS: For more information on Xerox, visit www.xerox.com/news. XEROX(R) is a trademark of XEROX CORPORATION. |
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