NHCC launches Hispanic Executive Leadership Program at SMU.
March 1, 2010
The National Hispanic Corporate Council (NHCC), the national premiere resource for corporate America on maximizing the Hispanic marketing opportunity externally and internally, announced the development of a leadership training program for mid-level Hispanic managers working in Fortune 1000 companies. The NHCC Corporate Executive Development Program (CEDP) will offer training and networking opportunities to high-potential Hispanic managers seeking their first executive management role in association with SMU’s Cox business school.
Although the U.S. Hispanic market – 47 million strong – represents the nation’s largest ethnic minority, gaps in representation continue to exist within U.S. companies. According to a recent survey by the Hispanic Association for Corporate Responsibility, Hispanic managers are significantly underrepresented in executive and senior executive positions. In addition, an analysis by the Human Resource consulting firm PDI suggests a disparity in the upward mobility to higher level executive positions between non-Hispanic managers and their Hispanic peers. They observed that although Hispanic managers reach mid-level management positions faster than their peers, they are slower to climb to higher levels within their companies.
“We believe that upper mobility of Hispanics within U.S. corporations presents both a challenge and an opportunity to companies and the emerging Hispanic leader,” said Yolanda Medina Casey, NHCC Chair and Project Manager in the Visual Merchandising Division for Hallmark Cards, Inc. “Together with our member companies, we have identified the need for a leadership training program to enhance development of Hispanic managers for strategic leadership positions within their companies.”
“SMU’s Cox School of Business has assembled some of the nation’s top faculty and business leaders to create a program that will expand the pipeline of Hispanic leaders and their firms’ access to a growing market,” said R. Gerald Turner, president of Southern Methodist University. “Cox Executive Education specializes in turning high-potential employees into high-performing executives. The collaboration with NHCC will focus Cox’s strengths on preparing Hispanic employees to assume the highest levels of corporate responsibility in the very best companies. SMU is honored to be entering into this partnership.”
“Hosting the NHCC Corporate Executive Development Program at Cox is a natural fit for us because of our ongoing commitment and proven record of developing successful business leaders,” said Albert W. Niemi, Jr., dean, SMU Cox. “We are proud of our role in helping Hispanic managers who are on the cusp of advancing their careers.”