On May 2nd, 2024, over 500 business, government, and community leaders gathered at the Monona Terrace Community and Convention Center for the 11th Annual Madison Region Economic Development & Diversity Summit. Organized by the Madison Region Economic Partnership (MadREP) and the Urban League of Greater Madison (ULGM), this event has become a crucial platform for addressing the economic and diversity issues impacting the Madison Region.
This year’s summit, presented by Alliant Energy and UW Health, was filled with inspiring keynote speakers, interactive workshops, insightful panel discussions, and engaging breakout sessions. Here, we recap the key highlights and takeaways from this much-anticipated event.
Dynamic Keynote Speakers
LeRoy Butler’s Motivational Speech
LeRoy Butler, former NFL player and Pro Football Hall of Famer, took the stage with an inspiring keynote that emphasized the importance of perseverance and community support. Butler shared his personal story of overcoming adversity, from his childhood challenges in a crime-infested housing project to his triumphant career with the Green Bay Packers. His message resonated deeply with the audience, reminding everyone that no matter the circumstances, perseverance and community can pave the way to success.
Michele Ghee on Reframing Our Value
Michele Ghee, Business Transformation Visionary and former CEO of Ebony & Jet Magazine, captivated the audience with her presentation titled “Reframing Our Value.” She highlighted the transformative potential of diversity and inclusion in business practices. Ghee’s insights on how businesses can harness the power of diverse perspectives to drive innovation and growth were both enlightening and motivating.
Quality of Life in Wisconsin and the Madison Region
Presentation by Mckenzie Boyce
PhD student Mckenzie Boyce delivered a compelling presentation on the quality of life in Wisconsin and the Madison Region. Boyce highlighted traditional and contemporary economic development measures, emphasizing the shift from focusing solely on jobs and businesses to prioritizing people and quality of life. Her research on telework, financial literacy, broadband adoption, and community economic development provided valuable insights into the factors contributing to a higher quality of life in the region.
Workshop Highlights
Multi-Generational Teams by Chisa Miller
Chisa Miller’s workshop on “Multi-Generational Teams” explored the challenges and benefits of managing diverse workforces spanning different generations. Miller offered practical strategies for fostering collaboration and understanding across generational divides. Attendees left with actionable insights on how to leverage the unique strengths of each generation to create a more cohesive and productive workplace.
Leveraging Community Engagement to Drive Racial Equity by the Urban Institute
Led by Mikaela Tajo and Lynden Bond from the Urban Institute, this workshop focused on effective strategies for promoting racial equity and inclusive growth through community engagement. Attendees learned the importance of partnering with community members to address underlying causes of racial inequities. The workshop provided valuable resources and toolkits to help participants integrate community engagement principles into their work.
Insightful Panel Discussions
Depoliticizing DEI Efforts
The panel discussion on “Depoliticizing DEI” tackled the challenges of maintaining diversity, equity, and inclusion (DEI) initiatives amidst political pressures. Moderated by Dr. Ruben L. Anthony, Jr., the panel featured leaders like Shiva Bidar-Sielaff, Angela Russell, and Jim Yehle, who shared their experiences and strategies for keeping DEI efforts focused and impactful. They emphasized the business benefits of DEI and how it transcends politics, driving innovation and resilience.
Business Owners of Color
In this session, business owners of color shared their success stories and the unique challenges they face. The discussion highlighted the importance of access to resources, networks, and support systems in fostering entrepreneurial success among minority communities. Attendees were inspired by these stories and gained valuable insights on how to support and uplift minority-owned businesses.
Equity and the Green Economy
Moderated by Maria Redmond, this panel explored the intersection of environmental sustainability and social justice. Panelists Valora Gutierrez, Sam Dunaiski, and Adrienne Nienow discussed how the green economy can create new opportunities for historically underserved communities. They shared strategies for ensuring that the transition to renewable energy and sustainable practices is fair and inclusive.
Interactive Breakout Sessions
AI’s Impact on DEI
This breakout session explored the role of artificial intelligence (AI) in advancing diversity, equity, and inclusion. Participants learned about AI-driven tools and technologies that can help organizations identify and address biases, improve hiring practices, and create more inclusive workplaces. The session also covered the ethical considerations of using AI in DEI initiatives.
Resources for Diverse Entrepreneurs
This session provided valuable information on resources and support available to BIPOC entrepreneurs. Attendees learned about funding opportunities, mentorship programs, and networking events designed to help minority-owned businesses thrive. The session aimed to empower entrepreneurs with the tools and knowledge needed to succeed in today’s competitive market.
Moving Forward
As the summit concluded, there was a palpable sense of optimism and determination among participants. The discussions and connections made at the event underscored the importance of collaborative efforts in advancing economic development and diversity. Attendees left with actionable insights and renewed motivation to implement inclusive practices within their organizations and communities.
The Madison Region Economic Development & Diversity Summit continues to be a crucial platform for fostering dialogue and driving progress. The lessons learned and the connections made at this year’s summit will undoubtedly contribute to a more equitable and prosperous future for the Madison Region.
That’s A Wrap
The 11th Annual Madison Region Economic Development & Diversity Summit was a resounding success, bringing together leaders from various sectors to address critical issues and share innovative solutions. The event reinforced the significance of diversity and inclusion in driving economic growth and creating resilient communities.
For those who couldn’t attend or want to learn more, consider reaching out to the Madison Region Economic Partnership (MadREP) or the Urban League of Greater Madison (ULGM). Our organizations continue to provide valuable resources and support for economic development and diversity initiatives.
Ready to take action? Connect with fellow professionals, implement the insights gained from the summit, and join us in building a more inclusive and prosperous Madison Region.
