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The three companies that I have chosen to review that are on the 50 Best Companies for Asians Blacks and Hispanics lists from Fortune 2000 magazine are Advantica Fannie Mae and PEPSICO Advantica is 1 on the list Fannie Mae is 3 and PEPSICO is 24 Advanticas Denny Chain now requires all employees to complete an extensive diversity training and 35 of Dennys franchises are minority owned Americas 50 Best Companies For Minorities p 10 The combined Advantica and FRD Acquisition boards consist of eleven directors 42 are women and people of color Fifty percent of Advanticas 45000 employees are minorities 11 percent are African-Americans and 31 percent are Hispanic-American Progress of Diversity Initiatives p 1 2 Dennys the largest corporate sponsor of Save the Children STC has contributed nearly 5 million since 1994 to support STC initiatives on behalf of US children over three-quarters of them minorities Advantica Restaurant Group Philanthropy p 1 In charitable giving Advantica was 1 with 99 percent of contributions primarily benefiting minorities Americas 50 Best Companies For Minorities p 15 PEPSICO climbs 25 spots by adding two minority board members and spending 5 of its procurement budget with minority- and women-owned businesses Americas 50 Best Companies For Minorities p 12 On the PEPSICO site they mentioned that they believe in diversity of supplier base and within the company Our Commitment To Growth p 1 They have a Minority and Women Business Program MWBE which is a purchasing-focused supplier development operation which began in 1982 Our Prime Supplier Guide p 1 Since 1982 Pepsi-Cola has conducted a structured program of purchasing quality products and services from suppliers who are designated as MinorityWomen Business Enterprises MWBEs They stated that We seek opportunities to give qualified minority suppliers a chance to succeed It benefits PEPSICO and our communities Our Commitment to Growth p 1 In reviewing the three companies I was most impressed with Fannie Mae There were many
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