There’s a reason that the road to hell is paved with good intentions, and there are many examples of this principle playing out in business today. Many of them boil down to two specific scenarios:
– An idea is conceived of by one person, but handed over to another for execution
– An idea that works when led as a one-off, but which does not scale well at all
One of those could easily be at play in a case of supplier diversity efforts gone wrong… in this case, at McDonald’s. They segment a portion of their $1.6 Billion annual advertising budget for black-owned firms, but Byron Allen, owner of Allen Media Group, doesn’t want an opportunity in this segment – he wants McDonald’s commercials to run on his stations nationwide.
In this week’s Dial P audio podcast, Kelly Barner looks into the complex dynamics at play between McDonald’s and Allen Media Group:
- The federal court case pending against McDonald’s, brought by Allen Media Group, which owns the Weather Channel as well as 36 ABC, CBS, and Fox television stations
- The good intentions at the heart of the McDonald’s supplier diversity program which may be causing some problems for them now
- What companies and supplier diversity program leaders can learn from this story
Subscribe to Dial P for Procurement
Apple | Stitcher | iHeart Radio | Email
Links & Resources
- Kelly Barner on LinkedIn
- Subscribe to the Dial P for Procurement LinkedIn Newsletter
- An Open Letter to Byron Allen, Owner of Allen Media Group
