SMU’s Cox School of Business has entered a new partnership with the National Hispanic Corporate Council (NHCC) to develop a leadership training program for mid-level Hispanic managers working in Fortune 1000 companies.
The program will allow the NHCC Corporate Executive Development Program (CEDP) to offer training and networking opportunities to high-potential Hispanic managers seeking their first executive management role.
The NHCC selected SMU because of its national reputation and strategic location in both a high-growth region for corporate headquarters and a city with a high-density Hispanic population. In the coming months, SMU Cox Executive Education will begin developing the infrastructure and curriculum for the NHCC CEDP. The first class is scheduled to begin in Fall 2010.
“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,” says SMU President R. Gerald Turner. “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.”
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 on Corporate Responsibility, Hispanic managers are significantly underrepresented in executive and senior executive positions.
“With the rapidly growing Latino/Hispanic consumer market in the U.S. and the increasing demand for global leadership, the need for breakthrough leadership development for talented Latino corporate executives has become critical,” says David Gonzales, member of the Board of Advisors of SMU’s Meadows School of the Arts. “I am proud to be involved in the development of the nation’s premier leadership development institute for the next generation of Latino executives, as we help place them at the forefront of their industries.”