MBE Spotlight: Diana Domenech

Diana Domenech is Owner and Visionary of Accelerate Consulting Experts (ACE) and a proven professional in leading organizations, influencing groups, and developing people and businesses. Here, she assists and advises larger companies on how to strategize and execute global diversity & sustainability programs. For smaller or disadvantaged businesses, she works to develop and execute plans that will result in growth and development in the federal and private sectors. Recently, Diana has had success working with global organizations in the financial services and non-profit sectors, Native American tribes, and African-American owned businesses.

Diana has more than 20 years of experience in the private sector, having worked up the ranks in the banking and insurance industries. She most recently served as Head of Sourcing Process, Technology, Governance and Risk at AIG. In that role she led special sourcing programs such as Supplier Diversity and Sustainability. She previously held roles at AIG in supplier relationship management and transformation.

Diana spent 14 years at JPMorgan Chase, where she was Vice President of the Corporate Supplier Diversity Program. Here she was responsible for leading the firm wide global supplier diversity initiative. Under her leadership, the Supplier Diversity Program increased spend with Tier 1 and Tier 2 diverse businesses to over $1.3 billion annually.

Diana has an MBA from the Stern School of Business at New York University and a BS from Cornell University. She currently serves as Chair Emeritus and the Nominating Committee Chair for the Financial Services Roundtable for Supplier Diversity, Class Parent for the 5th grade, and Cookie Mom for her daughter’s Girl Scout troop, and just completed her 9th triathlon.

About ACE

ACE is a management consulting company that started because of the need for global diversity and sustainability expertise. With a desire to transform the world to become a better place, ACE serves regional and global corporations, and small businesses by strategically leveraging diversity as a means to learn and implement new and more effective ways to generate more revenue, reduce costs, improve employee satisfaction, and exceed shareholders expectations. Clients trust us to advise on and build global Vendor Diversity and DE&I Programs, enhance existing programs, develop diversity specific strategies and solutions, train and coach executive leadership, and take action to deliver meaningful and impactful results.

What does being a minority business, or supporting minority businesses, mean to you?

Supporting minority businesses means breaking down external factors that prevent or impede these businesses from entering into a market.  It’s promoting community development and economic growth by working with and supporting diverse-owned business enterprises so we can all succeed.

Equally as important for me as a leader is to be a role model for other minority businesses and demonstrate to them that it is possible to succeed in the corporate world. I believe that supporting minority businesses is good for business and provides them with the opportunity to participate, compete, and thrive not only in America, but globally.

How has being certified with the NMSDC helped your business?

Being certified with the NMSDC has provided the opportunity to meet Fortune 500 companies and other MBEs to explore new business. This membership has boosted my company’s visibility, created connections and credibility with major organizations and possible future partners.

What is one thing you wish you had known when you were starting out in your career?

I wish I knew that it’s ok to make mistakes. No one expects you to know everything, especially when you are new to a role or company. As long as people know that you are trying, and most importantly, learning from your mistakes, you will be a success.

For more information on Diana Domenech and ACE, please visit: accelerateconsulting-llc.com or contact Diana Domenech at dianad@accelerateconsulting-llc.com to set up a free consultation.