2006 World Diversity Leadership Summit Explores Diversity in the $26 trillion EU and US Marketplace: Major Companies Showcase Diversity’s Global Profit Potential

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The vast majority of Fortune 1000 companies employ diversity programs in the US and operate globally. Yet, less than 15% actively pursue diversity strategies and practices outside the US environment because regulatory and social environments do not require them to do so. The leading companies have mastered the true business imperative for diversity: profit potential.

The EU and US need to become closer trading partners to maintain global competitiveness. Diversity is potentially at the center of this new partnership: From our aging demographics, to our Western culture, both markets have greater similarities than differences.

The World Diversity Leadership Summit announces its 2006 gathering of corporate officials, leading experts and policymakers focused on global diversity practices. This year’s conference is hosted by the city of Prague, Czech Republic and will be held March 15-17, 2006 at the Hilton Prague. The conference theme, “Leveraging Local Diversity for Global Profit” will include keynote speakers, panels, and workshops that examine global diversity activities which drive cost savings, productivity gains and new revenue opportunities.    

The World Diversity Leadership Summit is launching its first Transatlantic Summit focused on bridging the two biggest Economies in the World: the EU and the US. While both economies are experiencing major competitive threats from developing nations, they also contain diverse populations that will impact the workplace, entrepreneurship, consumer and financial markets. These diversity challenges create tremendous opportunities for companies to drive new growth.

World Diversity Leadership Summit Founder Douglas Freeman remarked, “The EU and US need to become closer trading partners to maintain global competitiveness. Diversity is potentially at the center of this new partnership: From our aging demographics, to our Western culture, both markets have greater similarities than differences.”

Conference featured speakers include: Ken Livingstone, Mayor of London; Dennis Archer, Former Mayor of Detroit and past President of the American Bar Association; Candi Castleberry-Singleton of Sun MicroSystems; Brenda King of the EU Economic and Social Committee; Carol Tuthill of Procter and Gamble; Deborah Dagit of Merck; Paul Freeman, Chief Conductor of the Czech National Symphony Orchestra; Carl Brooks, President of the Executive Leadership Council (Association of the top 350 African American Corporate Executives); Chris Metzler and Monica Hawkins of Cornell University.

The London Development Agency’s Diversity Works/London Olympics 2012 is the title sponsor and partner for this year’s Summit. Other sponsors include MTV Networks, HSBC, Visa, Johnson Controls, Procter and Gamble, Sun MicroSystems, The New York Times, International Herald Tribune and the Cornell University CDO Roundtable.

Conference activities include the Global Business Case for Diversity and Profit, Global Supplier Diversity, The Role of Women in US and EU Corporate Environments, EU and US Diversity in Senior Management, the Leadership Awards Luncheon, and a Global CEO Roundtable. The World Diversity Leadership Summit will culminate with a Black Tie concert featuring the Czech National Orchestra, conducted by the Global Maestro, Paul Freeman.

For further information, contact 201-362-0361, info-at-virtcomenterprises.com or go to http://www.virtcomenterprises.com

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Douglas Freeman

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