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MGM MIRAGE Unveils 2005 Diversity Report |
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| Published on June 5, 2006 |
MGM MIRAGE heralded its diversity education program as a key factor in helping create a unified company vision and a culture of shared values following its merger with Mandalay Resort Group (MRG).At the time of the merger in April 2005, MGM MIRAGE grew from 11 to 23 hotel and casino properties, and increased from 40,000 to 70,000 employees throughout the United States.
Speaking at the company’s Annual Diversity Meeting that attracted more than 1,500 suppliers, employees, and community and business leaders from throughout the U.S., MGM MIRAGE Chairman & CEO Terry Lanni said the company’s momentum is fueled by the integration of diversity values into its workforce. “In an increasingly competitive industry, we need all of the tools possible for enhancing our performance, our efficiency, and our competitive strength. Refined business systems are not enough because people are the engine of our business.
“To excel in the future, it is essential that we continually develop our company culture to harness the potential of every single employee, no matter what his or her position or level in our company,” Lanni said.“Diversity is key to tapping maximum motivation and maximum performance from our teams at every level, top to bottom; in all of our disciplines; across all of our properties and businesses.Our premise is simple: an organization that values the contributions of all people will derive the contributions of its entire workforce.”
Since 2002 more than 1200 MGM MIRAGE employees have completed Diversity Champion workshops--an industry-training first that fuses leadership, diversity and professional development during three days of intense classroom instruction.
In addition to the impact of diversity education, the company reported its corporate diversity accomplishments over a year of challenges that included a major merger, a devastating hurricane, and the development of Project CityCenter, the largest privately-funded construction project in the U.S.
The annual meeting included a Diversity Expo, allowing more than 1000 minority, disadvantaged, and women-owned enterprises to meet company buyers and to learn about business opportunities with MGM MIRAGE and its properties.
“In 2005, beyond moving the needles or gauges, beyond building buildings, our efforts stretched beyond the bounds of our enterprise,” said Lanni. “We are evolving with the recognition that the values of diversity are the values of the community and, ultimately, the values on which America has prospered.”
Since launching the diversity initiative in 2000, MGM MIRAGE has been recognized as a leader in diversity both within the gaming industry and beyond.By 2005, MGM MIRAGE was credited with launching the gaming industry’s first voluntary diversity initiative; of leading the gaming industry with unique diversity programming, including Diversity Champion training; and for being the first in the gaming industry to report publicly its annual diversity performance.
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