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Princeton has a new adversary: straight white guys
Princeton has a new adversary: straight white guys. “Princeton University has adopted a new policy whereby it will do less business with companies owned by straight white men” reports The College Fix. We are just wondering if the hundreds of thousands of straight white males who actually attended Princeton are exempt?
In a university press release, Princeton defined “diverse-owned businesses” as those that are at least 51% owned by minorities, women, veterans and members of the LGBTQ + community. The University is following a “Supplier Diversity Action Plan” which states changing toward “diverse-owned businesses” is “mutually beneficial” and “fosters competition” as well as “generates considerable value.”
Vice President for Finance at Princeton’s Office of Finance and Treasury states the “multi-year plan” efforts have already been underway, but “these actions not only strengthen the University but also the communities with whom we do business.”
The College Fix reports Princeton has increased spending on minority firms by over $46 million over the last five years, but “such businesses only account for nine percent of the university’s total purchases.”
Princeton’s Press Release states:
The plan does not dictate who should be hired, but rather gives guidance that departments and offices should use when hiring outside companies. [Director of Procurement Services Mohamed] Ela explained that University departments are required to engage in a competitive bid process for all purchases over $10,000, and competitive bids are recommended for purchases or contracts of lesser value.
“Obtaining competitive bids and proposals from multiple suppliers opens the door for prospective firms to register their interest and demonstrate their capability,” Ela said.
The Office of Finance and Treasury is hosting information sessions and trainings for University employees on how to encourage supplier diversity within their own departments. The office also is hiring a new supplier diversity manager to support these efforts on campus and to help build relationships with new business partners.
Deputy Chief Information Officer Carol Kondrach said expanding access and encouraging competition is key to making a significant impact on diversity, equity and inclusion. “In terms of Princeton’s institutional values and leadership, we also have an interest in working with businesses who are similarly committed to diversity and inclusion,” she added.
Source: TheCollegeFix.com
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Princeton has a new adversary: straight white guys
Princeton has a new adversary: straight white guys. “Princeton University has adopted a new policy whereby it will do less business with companies owned by straight white men” reports The College Fix. We are just wondering if the hundreds of thousands of straight white males who actually attended Princeton are exempt?
In a university press release, Princeton defined “diverse-owned businesses” as those that are at least 51% owned by minorities, women, veterans and members of the LGBTQ + community. The University is following a “Supplier Diversity Action Plan” which states changing toward “diverse-owned businesses” is “mutually beneficial” and “fosters competition” as well as “generates considerable value.”
Vice President for Finance at Princeton’s Office of Finance and Treasury states the “multi-year plan” efforts have already been underway, but “these actions not only strengthen the University but also the communities with whom we do business.”
The College Fix reports Princeton has increased spending on minority firms by over $46 million over the last five years, but “such businesses only account for nine percent of the university’s total purchases.”
Princeton’s Press Release states:
The plan does not dictate who should be hired, but rather gives guidance that departments and offices should use when hiring outside companies. [Director of Procurement Services Mohamed] Ela explained that University departments are required to engage in a competitive bid process for all purchases over $10,000, and competitive bids are recommended for purchases or contracts of lesser value.
“Obtaining competitive bids and proposals from multiple suppliers opens the door for prospective firms to register their interest and demonstrate their capability,” Ela said.
The Office of Finance and Treasury is hosting information sessions and trainings for University employees on how to encourage supplier diversity within their own departments. The office also is hiring a new supplier diversity manager to support these efforts on campus and to help build relationships with new business partners.
Deputy Chief Information Officer Carol Kondrach said expanding access and encouraging competition is key to making a significant impact on diversity, equity and inclusion. “In terms of Princeton’s institutional values and leadership, we also have an interest in working with businesses who are similarly committed to diversity and inclusion,” she added.
Source: TheCollegeFix.com