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The Risks

By Alison Jimenez

During my presentation on Managing and Mitigating Risk in Supplier Diversity programs, I discuss the risk of lawsuits.  The suits can come from different angles such as whistleblowers, former employees, and WMBEs that lost out on contracts.  I linked below a couple of different articles that involve supplier diversity lawsuits but remember that even if the claimant didn't win the lawsuit, the firm or government agency involved still "lost" time, reputation, and money spent on legal defense.  Former Kmart Supplier Diversity Official Sues Kmart Minority Owned Business Loses Contract to Non-MBE and Sues Judge Directs City of St. Paul to Follow Minority Business Provisions The Obligatory Chicago Story: GE vs. Seimens Atlanta MBE Landscaping Company Sues Housing Authoritycontinue to full post

Full post as published by Tanjeble on December 18, 2007 (boomark / email).