Getting More Hispanics To The Top

With the economic future more uncertain than ever, it is critical that our pool of potential leaders be as large and varied as possible. But it isn't at the moment. Hispanics are greatly underrepresented. They compose nearly 16% of the total U.S. population and will account for more 60% of population growth over the next 40 years. They are younger than the general population, with an average age of 27.4 compared with 36.8 for the population as a whole.

Thus the future of our country's prosperity is tied to the success of this very important demographic group. But if you look at the number of top corporate executive positions in the nation's largest corporations, Hispanics represent only 1% of them. This leadership gap suggests that we are not using our human capital in the most efficient and effective way. This is an unsustainable situation that jeopardizes the country's future growth and success.

The National Hispanic Corporate Council, whose members include some of the biggest American corporations, recently approached the Cox School of Business at Southern Methodist University to help solve this problem. Armed with observations such as the fact that Hispanic managers tend to reach middle management jobs faster than others but remain there longer, the NHCC developed a blueprint outlining skills and competencies to help explain and begin
to bridge the leadership gap. READ FULL STORY

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