Strength in Diversity. Pride in Community
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STRENGTH IN DIVERSITY. PRIDE IN COMMUNITY. Annual Diversity & Philanthropy Report 2008 - 2009 MGM RESORTS INTERNATIONAL Diversity is the one true thing ANNUAL DIVERSITY we all have in common. & PHILANTHROPY Celebrate it everyday. REPORT 2008 - 2009 OUR DIVERSITY MISSION In order for MGM Resorts to be first and best, we accept the accountability to acknowledge and value the contributions of all people. In order for MGM Resorts to be first and best • We must strive to maximize shareholder value. • We must promote the growth of our Company. • We aim to be the company of choice for employees and customers. We accept accountability • We all have a role to play. • We are all responsible, no matter what our position, no matter what our title. For more information • We all commit to do our best to achieve this mission. regarding our Diversity and Philanthropy Initiatives: To acknowledge and value the contributions of all people MGM Resorts International Corporate Diversity & • Every employee and every guest adds value to our Company. Community Affairs 3260 Industrial Rd, • What we have in common binds us together, giving us a competitive advantage. Las Vegas, NV 89109 • We all commit to do our best to achieve this mission. mgmresortsdiversity.com Executive Editors: Phyllis A. James, Our Diversity Principles Jocelyn Bluitt-Fisher, Debra J. Nelson, • Be First and Best and Kameelah Shareef Contributing Writers: Lindsay Beirne • Be Considerate and Detrick Sanford • Value Others The Annual Diversity & Philanthropy Report was produced by the following minority • Be Understanding business enterprise: • Be Respectful Crear Creative Group, Las Vegas, NV www.CrearCreative.com • Be Inclusive Unless otherwise referenced, all photographs of individuals included in this report depict employees of MGM Resorts International. © 2010 MGM Resorts International. All rights reserved. Printed in the USA. Message from Our Leaders 1 Key Diversity & Philanthropy Benchmarks: 2000 - 2009 3 Celebrating a Decade of Diversity 5 Diversity in Time 6 Perspectives on Diversity at MGM Resorts International 8 Momentum Through Diversity 12 A Decade of Supplier & Construction Diversity 18 Forging New Relationships with Diverse Partners 19 CityCenter Creates Unprecedented Opportunities for MWDBEs 21 Strength in Diversity 24 Philanthropy in Time 31 Making Our Mark on Our Communities 32 Molding the Next Generation through Innovative Education 35 Supporting our Community’s Safety Net 38 Promoting Health and Wellness 40 Supporting the Arts 41 Sustaining a Habitable Environment 42 Supporting Responsible Gaming 43 Building Stronger Communities through Employee Choice 44 Investing Our Time and Talents 46 Volunteering in Our Host Communities 47 Serving Above and Beyond 51 Overview of 2008 and 2009 Data 53 2009 Corporate Philanthropy Contributions 68 2009 MGM Resorts Voice Foundation Grant Recipients 74 Leaders in Diversity & Philanthropy 76 Diversity Partners 80 Recognition in Diversity 82 Recognition in Philanthropy 86 multicultural markets and enhancement responsibility and sustainability of the of our potential for new business alliances communities in which we operate. Our A Message from domestically and worldwide. On another Company and our employees through their front, we have found in diversity a pathway foundation have donated enormous financial Our Leaders to greater connectedness with external resources and countless hours to a myriad partners with whom we share mutual of organizations and causes to advance interests and compatible business objectives. our host regions. Over the years the nexus The first decade of the 21st century Perhaps the depth and impact of our between our diversity and philanthropic has been one of sweeping changes diversity values did not fully emerge until practices has become ever more prominent. for MGM Resorts International. the blunt trauma of the great recession that So on this occasion we are extraordinarily Jim Murren commenced in late 2008 and decimated proud to celebrate the 10th Anniversary of Chairman Among the most momentous 2009. Year 2009 was undoubtedly the our Diversity Initiative. We commend and & Chief Executive Officer of them was our Company’s toughest year of our Company’s existence, thank each and everyone in our Company pioneering declaration in 2000 one of constant struggle to forge smarter – our employees, and our corporate and business solutions in the face of tectonic property leadership – for their unflagging of our Diversity Initiative. Our economic shifts. Through what have been courage, passion, and industry in achieving company was the first in the unquestionably the most difficult economic the diversity and philanthropy milestones gaming and hospitality industry to circumstances of our generation, we reflected in this report. We also thank our remained strong, we endured and external partners for their collaboration with voluntarily adopt a formal diversity we prevailed. us in these endeavors over the past years. policy as an essential business Our diversity values anchored our resolve Though we close this first decade with paradigm for success in the modern to persevere, and have penetrated the heart recognition of our accomplishments to of our Company’s culture. It has become date, we are humbled by our understanding global economy. more important than ever, particularly in that we have many, many miles to travel today’s recessionary economy, that we foster in our diversity evolution. We therefore Our Diversity Initiative has forever changed an inclusive culture of excellence aligned reaffirm our commitment to our Company’s Alexis M. Herman the profile of our Company and has become with our business mission – epitomized by diversity and social responsibility Chair, Diversity & Community an indispensable element of our ways of universal employee engagement, individual initiatives, because these are the values that Affairs Committee doing business. Amidst our robust domestic responsibility, inspired leadership, consistent will continue to define us, sustain us into and international growth through mergers, peak performance, team collaboration, the future and help catapult our Company acquisitions and new developments this synergistic innovation, accountability to new heights. Together we will remain past decade, we formalized the diversity and above all, positive recognition for a united through diversity. value system into our Company’s ethos and job well done. In diversity lies a platform integrated diversity into our business systems for greater unity of our Company under Jim Murren and processes. a shared common vision. As a result, we Chairman & Chief Executive Officer Our diversity competency bolsters our ability have emerged as a more cohesive, more to excel in many significant ways, such as productive and more effective Company. Alexis M. Herman Chair, Diversity & Community Affairs Committee deeper relationships with the guests we serve, Another deeply-held value in our Company expansion of our clientele to as yet untapped creed is our bedrock commitment to social 2008-2009 ANNUAL DIVERSITY & PHILANTHROPY REPORT 41 Key Diversity & Philanthropy Benchmarks: 2000-2009 Excellence is the hallmark of our Company, and we pursue excellence in diversity and philanthropy as we do in all areas of our business. Each year fortifies the merit of our vision and the immense value to our Company's competitive advantage in today's global economy. • Since the start of our Diversity • Since 2001, MGM Resorts has donated Champion training workshop, MGM tens of millions of dollars to support Resorts has graduated over 11,000 our host communities in which we live Diversity Champions. and work. • MGM Resorts has increased and • Since its establishment in 2002, MGM maintained the overall representation Resorts employees have donated over of women (over 40%) and minorities $35 million through our employee (over 30%) in the diversity profile of our foundation to support our host management team for over half of the communities. Our level of employee past decade. participation has exceeded 40% since 2003, and in some years has • Since 2001, MGM Resorts has exceeded 50%. expended a cumulative total of over $1 billion with MWDBE suppliers • Since 2001 the diversity-related portion (i.e., minority-owned, women-owned of our corporate giving and employee and disadvantaged business enterprises) foundation contributions has steadily – 10.86% of the Company’s total increased, from 15% (2002) to 51.51% biddable spend for goods and services. (2009) (Company donations) and from 37% (2002) to 76.75% (2009) • Since 2001, MGM Resorts has expended (employee donations), respectively. a cumulative total of over $1.5 billion with MWDBEs in construction work, including professional consultants and contractors. 3 Celebrating a Decade of Diversity In May 2000, MGM Resorts International voluntarily embraced Diversity as a core value and business imperative, in both policy and practice, vital to the future success of our Company. The premise of that declaration was a simple maxim: diversity is a key driver to business success and a competitive advantage in the 21st century global economy. This mandate – envisioning diversity as a business engine rather than an add-on social program – was unprecedented in the gaming and hotel industry and had historic ramifications. It not only established our Company’s Diversity Initiative as the leader in our industry but also launched MGM Resorts on a path of distinction in diversity acclaimed throughout corporate