Diverse people from all over the world standing together and supporting a sustainable lifestyle: environmental care and eco friendly solutions concept

In this podcast, Everest Group’s Rita Soni emphasizes the importance of integrating sustainability into procurement practices, highlighting impact sourcing to address social inequities. By prioritizing hiring from marginalized communities or supporting initiatives like second chance hiring, businesses can not only create positive societal impact but also gain tangible benefits such as lower absenteeism and higher retention rates.

As businesses seek to expand into new markets, particularly in emerging economies, Rita Soni underscores the significance of patience and understanding local dynamics. Partnering with local providers, leveraging recruitment firms, and investing in training initiatives are essential steps to navigate the challenges and capitalize on the opportunities presented by diverse markets, ensuring sustainable growth and success.

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