Director, Economic Impact

The Director, Economic Impact at LA28 is responsible for overseeing the Strategic Sourcing organization, developing processes that positively impact small and diverse suppliers, promoting sourcing opportunities within the community, and ensuring equitable access for all suppliers. This role also emphasizes integrating diversity, equity, and inclusion principles at every level of the sourcing process.

To be considered for the Director, Economic Impact position at LA28, candidates should have at least 10 years of experience in sourcing, including 7 years in senior management. A strong understanding of sourcing laws, demonstrated experience with Requests for Proposals, and community engagement is crucial. Effective communication skills to convey LA28's strategic goals are essential.

The Director, Economic Impact plays a pivotal role in promoting supplier diversity by developing outreach initiatives to encourage participation in sourcing events and fostering partnerships with diverse suppliers. This effort is integral to establishing LA28's procurement processes as inclusive and reflects the community it serves.

The Director, Economic Impact significantly shapes the economic landscape of the LA28 Games by ensuring that small and diverse suppliers thrive throughout the sourcing process. Their work not only bolsters the local economy but also plays a key role in creating a legacy of inclusion and opportunity as we prepare for this historic event.

The Director, Economic Impact position at LA28 is primarily on-site, with a hybrid work model starting at four days a week. Candidates must be willing to relocate to Los Angeles and may occasionally need to work evenings or weekends based on operational needs.

When answering this question, focus on specific examples from your career that demonstrate your expertise in strategic sourcing. Illustrate how your initiatives have aligned with company goals, especially in regard to community engagement and supplier diversity.

Discuss your approach to integrating diversity, equity, and inclusion principles into the sourcing process. Share examples of outreach initiatives you've implemented to engage diverse suppliers, and emphasize any metrics you've used to measure success.

Discuss your ideas for outreach and engagement strategies that tap into the local business community. Mention how you would leverage partnerships and community events to showcase sourcing opportunities and encourage participation.

Use this opportunity to share specific experiences where you've developed metrics that track performance against goals. Explain how those metrics informed decision-making and led to improvements in sourcing practices.

Choose a specific challenge that showcases your problem-solving abilities. Highlight your strategic thinking and the innovative solutions you implemented, ensuring you mention the positive outcomes.

Talk about the importance of transparency in building trust with suppliers. Discuss the systems you have put in place to communicate standards, expectations, and results to all stakeholders involved.

Illustrate your approach to performance management, emphasizing communication as key. Describe how you would work with the supplier to identify the issue, develop solutions, and support their improvement efforts.

Reflect on your understanding of sustainability in sourcing. Share any past experiences where you successfully integrated sustainable practices and discuss how you envision fostering sustainability at LA28.

Explain your framework for prioritizing tasks, perhaps referencing project management methodologies. Discuss how you ensure that all stakeholders are aligned and that expectations are communicated clearly.

Respond by highlighting your belief in the importance of innovation in sourcing processes. Provide examples of how you have encouraged creative thinking among your teams and the resultant improvements.