Abbott Laboratories – 2011 50 Out Front #39


Abbott Park, IL
90,000 employees

Founded 1888
CEO: Miles White
CDE: William Lee

Abbott has a longstanding commitment to employee diversity/ inclusion, reflected in its retention of employees in the United States (currently above 92%), regardless of race, ethnicity or gender. Globally, women comprise 38%t of management and 47%t of the total workforce. Abbott is also increasingly focused on achieving a more diverse workforce outside North America. Its executive inclusion council monitors the hiring and advancement of women and minorities in management and supports programs that promote inclusive work environments. In 2007, 2008, and 2009, Abbott met or exceeded the U.S. goals for the hiring and advancement of women/minorities. In the United States, representation of women/minorities in management increased 59% and 68%, respectively, over the past 10 years. Employee networks are sponsored by corporate officers, who help align their objectives with Abbott’s business strategy. Nearly 8,000 employees participate in its six networks: Asian Cultural Leadership, Black Business, La Voice (Hispanic/Latino), Part-Time, Women Leaders in Action, and PRIDE (gay/lesbian/bisexual/transgender).