the ella awards
DESCRIPTION
The Exemplary Leadership Achievement (ELLA) Awards is a program that recognizes and celebrate corporations whose strategic and philanthropic investments in Emerging Domestic Markets are strengthening low-income communities by improving opportunities for minorities. The purpose of the award is to encourage broader commercial and industry-wide investments through special recognition of organizations with demonstrable and reputable commitment to advancing the development of these markets.TRANSCRIPT
Saluting Strategic Philanthropic Investments in U.S. Emerging Domestic Markets Saluting Strategic Philanthropic Investments in U.S. Emerging Domestic Markets
The ELLA AwardsThe ELLA Awards
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Agenda
Who We Are Our Work in Strategic Community Investment Why EDMs Our work in EDMs
The ELLA Awards What they are Categories Variables
Urbanomics & Johns Hopkins Partnership Why the partnership Outputs and Outcomes
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UCG Overview: Who We AreUCG Overview: Who We Are
Urbanomics Consulting Group’s vision for, value of and commitment to empowering urban communities or Emerging Domestic Markets (EDMs) has been the Northern Star (guiding premise) of our work since inception - more than 12 years ago.
Our competencies include: Strategic marketing and public relations firm specializing in
emerging domestic markets More than a decade of experience aligning progressive brands with
important business and social issues Pairs companies and other organizations with causes to bolster
institutional and social change initiatives among urban populations
The products of our work: Community partnerships Corporate Community Involvements Strategies and Programs Media campaigns around issues in minority markets
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Strategic Community Investment in EDMs has been our work for over a decade with people, places or enterprises with growth potential that face capital constraints due to systematic undervaluation as a result of imperfect market information. In recent years, our work has taken aim at philanthropy and corporate community involvement in EDMs.
The markets include:
Urban and rural communities; Ethnic and women-owned firms; Companies serving low-to-moderate income populations; and Other small- and medium-sized businesses.
Emerging Domestic Markets consist of the fastest-growing segments of the U.S. economy and have an enormous, untapped growth potential for businesses. Corporations that tailor their community involvement initiatives to address needs of EDMs can expand market share of their products among these influential and affluent consumer segments.
Source: Milken Institute
UCG Overview: Our Work in EDMUCG Overview: Our Work in EDM4
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Yet… African-American, Latino (and other ethnic groups) buying power of
combined is projected to rise to more than $2Trillion in 2010. (Target Market News, 2007)
By 2050, African Americans and Latinos expected to comprise 39% of US population. Growth combined with declining education levels are expected to impact workforce and income levels, thereby US economy. (The Future Middle Class, Demos 2006)
Net worth of African Americans ($5,988) and Latinos ($5,932) compared to White households ($88,651) underscores gap between wages and access to opportunities. (The Future Middle Class, Demos 2006)
Disparities in healthcare undermines income security for African Americans, Latinos with much of the 47 million uninsured, being from the ethnic groups. (The Future Middle Class, Demos 2006)
SO WE HAVE DEVOTED OURSELVES TO LEVERAGING FIRM CAPABILITIES & RELATIONSHIPS TO A CORE SET OF VALUES THAT ALSO IS OUR APPROACH.
UCG Overview: Why EDMs & Our VisionUCG Overview: Why EDMs & Our Vision5
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Some of our work over the past 12 years.Some of our work over the past 12 years.
Leaders in Giving for Black Community Change Report Leaders in Giving for Black Community Change Report (21CF) Annual Fortune Minority General Counsel Survey Annual Fortune Minority General Counsel Survey (MCCA) Mentoring Minorities for Leadership SuccessionMentoring Minorities for Leadership Succession (NYL) Know Your ScoreKnow Your Score (NMA, Magic Johnson Foundation) Government Constituent Services Advocacy Framework Government Constituent Services Advocacy Framework (Office of
Mayor, DC) Civic Engagement Capacity Building TrainingCivic Engagement Capacity Building Training (NCLR, NAACP,
Omega Psi Phi) LDP 20th Anniversary Event LDP 20th Anniversary Event (Marriott, Johns Hopkins LDP
Program)
The ELLA Awards are the evolution of our work and our Signature Program.
UCG Overview: Signature Work in EDMsUCG Overview: Signature Work in EDMs6
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The ELLA AwardsA Distinct Focus on Strategic Community
Investment
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The ELLA Awards recognize organizations and individuals who have made exemplary contributions to communities through corporate community involvement initiatives, specifically among Emerging Domestic Markets (EDM).
ExempLary Leadership Achievement in Corporate Community Involvement
The ELLA Award categories raise awareness about important strategic initiatives contributing to the progress and parity of ethnic minority communities.
Recipients are honored for their contributions in the following categories:
Health & Wellness Leadership Educational Attainment & Excellence Wealth & Enterprise Creation Community Engagement & Development Career Professional of Distinction
The ELLA Awards: What Are They?The ELLA Awards: What Are They?8
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Health & Wellness Leadership. These organizations are devoted to realizing the physical, mental or spiritual potential of their employees and others through physical activity, healthy living or positive play.
Educational Attainment & Excellence. These organizations support educational attainment and encourage educational excellence of minorities in their workplace and communities through innovative and unconventional methods.
Wealth & Enterprise Creation. These organizations are strategic innovators that seed the growth and development of enterprises throughout the communities and neighborhoods.
Community Engagement & Development. These organizations are champions of sustainable community development and catalyze these values through long-term partnerships and practices that enhance the lives of people and/or the environment.
The ELLA Awards: CategoriesThe ELLA Awards: Categories9
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Career Professional of Distinction. This corporate contributions professional has repeatedly leveraged his or her career as a means to make a long-term difference through innovation and commitment. He or she is a model for ethical business practice.
The ELLA Awards: Categories (The ELLA Awards: Categories (ContCont’’dd))10
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Primary Variables
Signature Programs Cash contributions Strategic multiyear/multidimensional investments Community partnerships Community involvement innovationInstitutional Strength
Primary Variables
Signature Programs Cash contributions Strategic multiyear/multidimensional investments Community partnerships Community involvement innovationInstitutional Strength
The ELLA Awards: MethodologyThe ELLA Awards: Methodology11
ELLA Qualifying Criteria
C-Suite Diversity Workforce Diversity Supplier Diversity
To be considered for the ELLA Award, a company must be included on at least one of the lists below:
*Black Enterprise Top Companies for Diversity, Diversity Inc. Top 50, Hispanic Business Top 60 and others.
Secondary Variables
The nature and impact of your products and services in communities is also considered in our criteria.
Secondary Variables
The nature and impact of your products and services in communities is also considered in our criteria.
Note:
Methodology is weighted largely in social impact issues but also includes more traditional performance measurements (ex. Financial strength of company). Diversity and Institutional Strength variables were introduced in the ELLA criteria in 2010.
Core to the ELLA Awards are the following variables Core to the ELLA Awards are the following variables
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Signature Programs. A signature program is a strategic initiative undertaken to specifically address an identified problem in minority communities. A best in class organization has a multi-year signature program that follows the VMOSA strategic planning process model
Cash Contributions. A quantifiable measure of an organization’s commitment to affecting social change and facilitating social equity.
Strategic Investments. Strategic investments address gaps in any or all of an organization’s six core capabilities (Leadership, Management, Productivity, Adaptivity, Technological, Boundary Spanning).
Innovation. New approaches to solve longstanding systemic community issues within minority communities.
ELLA VariablesELLA Variables12
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Community Partnerships. For corporations, partnerships place emphasis on partnering for scale and increased span for greater impact.
Diversity. This variable measures an organization’s commitment to diverse practices by exploring its overall makeup, communication, corporate giving, and supplier diversity initiatives.
Institutional Strength. The organization’s financial strength based on: Profit to contribution ratio, liquidity, ROA, ROE, stock performance, etc.
ELLA VariablesELLA Variables13
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The ELLA AwardsStrategic Community Investment Management
Partnership
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The ELLA Awards PartnershipThe ELLA Awards Partnership15
Leadership Development Program
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The ELLA Awards Partnership (Cont’d)The ELLA Awards Partnership (Cont’d)16
The Johns Hopkins Carey Business School Leadership Development Program for Minority Managers supports the advancement of promising minority leaders and managers by offering a graduate business education in the latest management theories and practice for application.
The LDP Program’s role in The ELLA Awards process consists of:
Independent research and analysis of corporate giving data
Codification, verification, and qualification of corporations as finalists
Recommendations of ELLA winners to the ELLA Review Board
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Why the Partnership?Why the Partnership?17
Urbanomics’ 15 year history of facilitating advancement of EDM is a commitment shared with the Leadership Development Program of the Carey Business School whose credo is teaching business with “humanity in mind.”
Johns Hopkins University lends its world class reputation as a leader in research to support The ELLA Awards process.
Together, Urbanomics and the Leadership Development Program represent a best-in-class partnership that raises awareness about best practice corporate community involvement initiatives and advocating for investment in EDM as a strategy that strengthens the U.S. economy.
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Pioneer strategic community investment advocacy process
Statistical reporting on corporate philanthropy in EDM
Corporate community involvement database
Pioneer strategic community investment management process
Annual ceremony and campaign celebrating The ELLA Awards recipients
Key Process Outputs & OutcomesKey Process Outputs & Outcomes18
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Previous Winners of The ELLA AwardPrevious Winners of The ELLA Award19
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Urbanomics Consulting GroupUrbanomics Consulting Group
President/CEODavid D. Greene III
Community investment strategies connecting companies Community investment strategies connecting companies with business-benefiting issueswith business-benefiting issues
1010 Wisconsin Avenue, NW • Suite 430Washington, DC 20007
(877) 750 -7787http://www.urbanomics.com
http://www.the-ella-awards.com
Urbanomics Consulting GroupUrbanomics Consulting Group
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To Apply for The ELLA AwardTo Apply for The ELLA Award