Meet PepsiCo’s Next CEO: Ramon Laguarta

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Spaniard joined PepsiCo in 1996 and rose through the ranks in Europe; ‘the future is not going to be easy,’ he recently told staff.

Ramon Laguarta took away an important lesson in 2015 when PepsiCoInc. PEP +1.45% ended a failed joint venture to sell yogurt in the U.S.: You need to go small before you go big.

Now the 54-year-old is set to take the helm of PepsiCo as the maker of Lay’s potato chips and Mountain Dew continues to expand its offerings in response to rapidly shifting consumer tastes.

“We need to think [carefully] about moving into a new space where we’re probably not as competent as our core categories,” Mr. Laguarta, who takes over as CEO for Indra Nooyi on Oct. 3, said in an interview.

“We’re trying to do multiple testings in countries around the world,” he said. “When we see if something is working, then we scale it up.”

Mr. Laguarta is a native of Barcelona who speaks English, Spanish, French, German, Greek and Catalan. He has an M.B.A. from Spain’s ESADE business school and worked at Chupa Chups SA, a candy company based in Spain, before joining PepsiCo in 1996.

He rose through the ranks of the European operations, becoming head of PepsiCo’s Europe and sub-Saharan Africa business. Last year he was tapped as Ms. Nooyi’s No. 2 and relocated to the U.S. from Geneva with his wife, Maria. They have three sons.

Mr. Laguarta broadened the company’s beverage portfolio in Europe, promoting a sugar-free version of Pepsi called Pepsi Max, as consumers moved away from sugary sodas. It’s now a billion-dollar brand, and his favorite cola.

Continue onto the Wall Street Journal to read the complete article.

Want to Grow Your Minority Business Enterprise? Look Abroad!

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When it comes to exporting, many minority businesses are reaping the rewards of selling internationally, while other firms have yet to explore sales.

In the below question and answer, members of the Minority Business Development Agency (MBDA) Access to Market Business Development Team, George Mui and Gabriela Morales discuss exporting and how these businesses can take advantage of U.S. government export resources to successfully navigate their first or new export markets.

Why should minority-owned firms consider exporting or expanding into new foreign markets?

Ninety-five percent of the world’s potential consumers live outside of the United States, so minority-owned firms that want to grow in size, employees, and revenue should absolutely consider exporting to at least one country. Many minority business enterprises (MBEs) are part of a diaspora community and have a distinct advantage in conducting business in their home countries. Those MBEs can leverage their understanding of the language and business culture to export and expand into their native countries and the surrounding markets.

What do you see as the potential to increase minority-owned business exports?

Only a small share of U.S. businesses export, which includes minority-owned firms. But studies have shown that minority businesses are twice as likely to export as non-minority-owned firms. In addition, among all U.S. export firms, 59 percent sell to only one foreign market. According to the U.S. Census Bureau, minorities compose 37 percent of the U.S. population and are projected to grow to 57 percent of the population by 2060. This means a growing potential for more MBE startups and exporters.

In 2016, MBDA created four export centers to provide technical assistance and business development services to generate increased financing, contract opportunities, and greater access to new and global markets for MBEs. The MBDA Export Centers, located in Chicago, Miami, Sacramento, and San Antonio, are also designed to help identify, screen, promote, and refer MBEs to export resources.

What would you say to MBEs who may view exporting as too burdensome, so why bother?

That’s a common belief that prevents many companies, particularly MBEs, from exporting. Exporting doesn’t have to be burdensome. With improved logistics options, global connectivity, e-commerce, and the availability of federal government export assistance, exporting is more viable than ever. There are a plethora of resources available to help, including U.S. Export Assistance Centers. If you have a track record of selling in the United States—one of the world’s most open and competitive markets—that’s a good indicator that you can become a successful exporter. We encourage MBEs to partner with other MBEs to conduct business globally. For example, a partnership between two Chinese American firms can leverage language, business, and cultural understanding to export to China.

Do minority-owned firms have certain attributes that would make them successful exporters?

According to the Census Bureau, minority-owned firms are six times more likely to conduct business in a language other than English and three times more likely to generate 100 percent of their revenues from exporting compared to non-minority-owned firms, regardless of size. Overall, MBEs are uniquely positioned to expand their business operations through exports.2

Are you seeing any trends in terms of regions or markets for minority-owned exporters?

How about types of products or services? MBEs are taking advantage of the increased bilateral trade opportunities between the United States and China, in addition to other countries in Africa and South America for U.S. agricultural products and “Made in America” manufactured products. We’ve also seen a trend toward online business and e-commerce platforms, which have a diversified line of products and services that can be delivered to international markets. These platforms create expanded opportunities for minority-owned firms to export, particularly in the business consulting and educational arenas.

From your experience, what are some challenges minority firms face in getting started in exporting?

The challenges we see most frequently are typical of many new businesses: Where do we start? How do we get paid? How will we finance exporting? Who should we reach out to for help? There are a number of federal and state agencies that offer access to technical assistance. When deciding whether your company is ready to export, there are a number of things to consider: internal resources and capabilities, top management commitment to exporting, and a clear export strategy. To overcome these and other challenges, it is important for companies to conduct their due diligence and utilize the resources offered by the federal government entities, such as the MBDA Export Centers.

In the past, the ability of MBEs to access working capital financing programs has been a major challenge. Have you seen this trend changing in recent years?

MBDA is working closely with EXIM Bank to provide its clients the access to trade financing they need for global transactions. The MBDA network of business centers and export centers are also exploring alternative financing solutions, including venture capital, equity investment, and foreign direct investment.

The U.S. government offers a wide range of export resources. Could you describe MBDA’s partnership with the International Trade Administration (ITA)?

Our national network of 40 MBDA Business Centers coordinate and collaborate with ITA to leverage the resources that we each offer to the clients we serve. When coordinating trade missions, MBDA partners with ITA to provide certification of trade missions. We also collaborate with ITA’s U.S. Commercial Service and its worldwide network of commercial service officers domestically and internationally. The U.S. Commercial Service supports export counseling, business matchmaking, market intelligence, trade show support, and more. MBDA Business Centers and Export Centers coordinate with the national network of more than 100 U.S. Export Assistance Centers, where the ITA U.S. Commercial Service, Export-Import Bank, and SBA International financing staff often collaborate to provide a one-stop shop for MBEs to start or grow their global footprint through exporting.

Source: mbda.gov

Orphan to Leader

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Dan Esterly

Being both young and Hispanic can feel daunting in America. Adversity can create obstacles and discourage young Hispanics from dreaming large. However, some young Hispanic-Americans are shattering the status quo. One of those people is Dan Esterly.

If you’re from Pittsburgh, Pennsylvania, you may be familiar with Esterly’s work. At the age of 28, he is a business owner, Ph.D. student, radio host, and is heavily involved in Pittsburgh’s non-profit community. Esterly wasn’t always a success story. He was born in Tegucigalpa, Honduras, and was given a two-day life expectancy from malnourishment at the orphanage. Despite the pessimistic health outlook, he was adopted and was raised in Pittsburgh. Esterly also battled depression and alcoholism in his young adult life.

After much adversity, Esterly was able to rise above the initial cards he was dealt. He entered the workforce at the age of 13, started college at the age of 16, and began graduate school at the age of 21. In 2008, Esterly saw an opportunity to start actively buying stocks. He was able to outperform most financial professionals and was sought after to advise financial professionals. Esterly stated, “My first experiences in consulting were accidental. A fund manager from Boston called me for input, simply from word-of-mouth from the Pittsburgh business community. I was truly flattered and stunned, because of how young I was.”

Esterly went on to earn an M.S. in Professional Counseling and an MBA in Healthcare Management. He attributes his education to building the foundation for his business in consulting. “I needed to master both fields to thrive. Business has various human elements, and counseling has a lot to teach us about organizations. The same principles that apply to group behavior also enhance an organization’s well-being.”

Esterly then went on to work as a lobbyist in biotechnology. One of his projects raised more than $34 million from the federal government to fund drug research. Regardless of his occupation, Esterly has always focused on increasing financial value for companies.

In 2016, Esterly decided to diversify his business. He founded Public Waves, LLC, which eventually became a successful consulting venture. “I have had clients from Texas to Pennsylvania. It’s truly been one of the most fulfilling experiences of my entire life.” Currently, Public Waves, LLC serves clientele including the Energy Innovation Center Institute, Community Liver Alliance, Water4Life Mozambique, and CSD Engineers, LLC. He provides consulting services ranging from workforce development & economic research to other organizational services.

Esterly also is a full-time doctoral student at Point Park University’s Ph.D. program in Community Engagement. “It’s somewhat of a leadership degree with a research focus on benefiting the community. The Pittsburgh community helped me to succeed and I am constantly looking for ways to give back.” He hosts a radio show through Point Park University, called Behavior Business, where he invites guests on the show from both the business and mental health community. Esterly also continues to self-manage his portfolio and consult on other larger investment portfolios.

In 2015, Esterly established a charitable investment fund called Esterly Fund. To date, the fund supports 17 non-profits in Pittsburgh. He also serves on the Board of Directors for the Glade Run Foundation and Ten Thousand Villages Pittsburgh. “I truly don’t think my life would have turned out this way in Honduras. It’s surreal sometimes to think of my journey and how different things could have been. I am grateful for every day on this earth and hope to give back ten-fold.” Esterly is considered a young rising star in the Pittsburgh business community.

At the age of 28, Esterly insists he has only just begun. “It’s been my experience that businesses don’t care what race, nationality, age, etc. you are. If you can provide value for a company, companies will value your service. That’s the beautiful thing about America. You really can create or re-create your life here.”

 

How This Mompreneur Turned A Tight Budget And Doubt Into A Successful Cotton Candy Business

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When we no longer fear failure, we often open ourselves up to our best ideas. 

For Lucia Rios, the decision to become an entrepreneur was one of survival. Although she had never considered business ownership before, she needed something to do—a creative outlet, a place to funnel her attention as a mother with post-partum depression. So one day, she assessed her small budget like she would any family purchase and started to scheme up potential products. She ultimately decided on cotton candy. It required little overhead, had room for creativity and seemed, at the very least, an exciting change.

Now, a few years later, that side hustle has turned into Rios’ full-time gig, complete with facilities, staff and a long client list. Christened TWISTED, Rios’ business caters some of California’s largest events and partners with brands like USA Network. In this interview, Rios explores the growth of TWISTED, why she’s on a mission to increase Latina visibility in business ownership and the influences of motherhood on her new identity as an entrepreneur.

Jane Claire Hervey: How would you describe who you are and what do you do?

Lucia Rios: I am Lucia Rios-Hernandez, the sweet creator of TWISTED, a gourmet cotton candy company that caters events with live, on-the-spot-twisting, as well as pre-packaged, ready-to-eat treats. I am a mom of two kiddos, a wife, a daughter, a mom-prenuer, a feminist, a person of color and, somedays, Mary Poppins.

Hervey: TWISTED has significantly grown since its launch date. What have been some of your most exciting projects and/or clients over the last few years?

Rios: As corny as it sounds, each and every project and client has been amazing, and I don’t take any order or job for granted. I started this as a way to heal from my post-partum depression, as a way to be a better mother to my daughter and son, so each person that supports this business supports me through this journey. However, I will always—always—cheer on the network called WE ALL GROW LATINA. It was one of my first big events and it changed my life in more ways than one. I was able to get an understanding of what networking meant. I met many amazing women and mothers who have since become my  friends. I was able to get my first corporate client and many others since.

Continue onto Forbes to read the complete article.

Walmart Supports Future Leaders Through $2 Million in Funding to the Congressional Black Caucus Foundation and the Congressional Hispanic Caucus Institute

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Latinos at office meeting

BENTONVILLE, Ark. – July 24, 2018 – Today, Walmart announced $2 million in grants to organizations working to expand internship opportunities for diverse youth populations, the Congressional Black Caucus Foundation, Inc. (CBCF) and the Congressional Hispanic Caucus Institute (CHCI).

The grants build on previous Walmart funding to the two nonprofits, bringing the company’s total investment to more than $6 million over the last several years. The funding will help provide career pathways on Capitol Hill for students and young professionals through education and hands-on experience in the nation’s capital.

At Walmart, our commitment to diversity and inclusion spreads beyond our stores and out into the communities where our associates and customers live. Through relationships with organizations like CHCI and CBCF that reflect the diversity of American society, we can open the door to help more young people build a career in public service and expand the pipeline of talent on Capitol Hill and beyond by providing our future leaders with the tools needed for success.

– Julie Gehrki, vice president of programs at Walmart

At a time when people of color currently make up less than 20 percent of U.S. lawmakers (Pew Research Center), these grants come at a critical moment. Although diverse populations represent approximately 36 percent of the population, only 7.1 percent are senior staffers in the Senate, according to the Joint Center for Political and Economic Studies.

The CBCF will receive a three-year, $1 million grant to help prepare college students and young professionals for careers in public policy and advocacy. The funding will provide exposure to the development and implementation of national policies – from Capitol Hill to federal field offices – as well as support intern housing, monthly stipends, professional development and leadership training.

A three-year, $1 million grant to the CHCI will provide Latino undergraduates with paid summer or spring Congressional internships. Through Walmart’s support, students will gain valuable work experience, benefit from a strong leadership development curriculum, participate in a community service project and interact with professionals and industry leaders in Washington, D.C.

“The CBCF is committed to increasing diversity on Capitol Hill and in the public sector by creating a new generation of informed and engaged citizens and leaders,” said Congresswoman Sheila Jackson Lee, Chair, CBCF Board of Directors. “Internships are a critical component toward building a career in public policy. Through Walmart’s continued support and dedicated partnership, the Congressional Black Caucus Foundation has successfully increased the number of scholars who have access to the intern-to-staffer pipeline.”

“Walmart has led the way as the Founding Partner for CHCI’s Congressional Internship Program by significantly investing in our nation’s future leaders,” said Rep. Joaquín Castro, chair of the Congressional Hispanic Caucus Institute. “We value Walmart’s support of CHCI’s mission to address underrepresentation of Latinos on Capitol Hill by providing transformative experiences and the critical skills needed to embark on careers in public service.”

Walmart has a long history supporting diversity and inclusion to create equal access to opportunity. Recently, Walmart and the Walmart Foundation granted nearly $4 million to organizations helping to promote access, equity and inclusion among diverse populations. The funding was part of the Foundation’s Diversity & Inclusion competitive grant competition, which provides support to initiatives with measurable impact on and demonstrated reach into diverse communities including African Americans, Hispanic/Latino, Native American, Asian American and Pacific Islander, women and girls, the LGBTQ community and individuals with disabilities.

For more information on Walmart’s commitment to diversity and education, please visit corporate.walmart.com/global-responsibility/opportunity/diversity-and-inclusion.

About Walmart

Walmart Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online, and through their mobile devices. Each week, nearly 270 million customers and members visit our more than 11,700 stores under 65 banners in 28 countries and eCommerce websites. With fiscal year 2018 revenue of $500.3 billion, Walmart employs approximately 2.3 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com, on Facebook at facebook.com/walmart  and on Twitter at twitter.com/walmart.

8 In-Demand Skills That Will Complement Any Resume

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Hispanic Businesswoman

By Megan Ruesink

You know it’s time for a change—a pay bump and a position where you feel more like an actual professional—but you’re not quite ready to commit to pursuing one career over another. That’s okay.

There are still some things you can be doing to invest in your future right now.There are plenty of skills to learn and implement into your life that may help you when you’re finally ready to apply for that new job or join that program. Take a look at what these employers, business leaders, resume professionals and more are saying about skills to learn that will help you grow and complement your future resume.

4 in-demand ‘soft’ skills

“Future professionals—no matter the field they are entering—need to focus on soft skills that are easily transferable to any position,” says Rothbauer-Wanish, owner of Feather Communications.

Take a look at these four “soft” skills that can help you grow as a person and bolster your resume for nearly any career.

  1. Relationship-building

“Recruiters and hiring managers consistently seek those employees who can relate well to a variety of co-workers, partner with customers, establish ongoing relationships and demonstrate exceptional communication skills,” says Rothbauer-Wanish.

No matter the career you pursue, it’s a safe bet that you’ll end up working with others. This doesn’t mean you have to be best friends with everyone you interact with, but the ability to understand and relate with others is an important foundational skill.

  1. Communication

Communication skills—both written and oral—are also desirable traits among potential employees. Every career requires communication. Whether it’s responding to client emails, collaborating with teammates or presenting in front of team leads, the ability to communicate clearly and concisely is an important skill to possess and refine. If you’re looking to improve your communication ability, organizations like Toastmasters are a great way to get yourself into form.

  1. Critical thinking

Critical-thinking ability is a universally useful skill—practically every job requires you to evaluate situations and make decisions that might not always have a clear right answer. The ability to weigh evidence and project potential outcomes will play a key role in your ability to perform well in nearly any role—whether it’s as a nurse or financial advisor. While this ability isn’t something that can be honed with the snap of your fingers, there are strategies you can employ to refine your critical-thinking skills over time.

  1. Adaptability

Adaptability is important to both small and large companies, says James Kemper, president of W.H. Meanor & Associates.

“Due in part to greatly improved communication and data collection capabilities, events that would take months or even years to develop are reduced to weeks and days,” he says. “So it is important in your resume that you can demonstrate how you’ve encountered or were tasked to resolve challenging situations that may not have been in your scope of understanding, and how you dealt with them.”

4 in-demand ‘hard’ skills

Obviously, when it comes to your future resume, you’ll need industry-specific skills to jump out at those reading it. But in the for now, as you figure out what you really want to do, why not work on some “hard skills” that will look good on a nearly every resume and likely play some part in your future career.

  1. Coding

“In a technology-driven world, having technological skills are highly sought after. The basics of Microsoft Office are a necessity,” says Ajay Prasad, founder and president of GMR Web Team. “But other skills, such as coding, can be very attractive. Even in positions where you don’t expect to need to know coding, it can still come in handy.”

Prasad uses the example of an HTML newsletter or email in need of edits or a website that could use a little tweaking. Knowing some codes in these areas can easily be put to good use. Additionally, coding skills can be used to automate simple repetitive tasks—which can be a huge time saver.

  1. Data analysis

“A lot of today’s jobs revolve more and more around data,” says Bradley Shaw, president and CEO of SEO Consulting Inc. “And even in jobs like content marketing or customer support, you’ll be dealing with some data on a regular basis. Showing a future employer that you’ve used data to make decisions at work in another industry, or even to do something like grow your social media can go a long way.”

While not every job in the world will require a deep statistical analysis of data, being able to identify trends and interpret changes in data can help you make informed decisions.

  1. Software skills

Gaining software skills within your area of study or industry can be helpful skills for your future career and a great way to pad your resume.

“If you want to obtain a job in accounting, get training in accounting software packages; if you want to get into HR learn as many Human Resources Information System (HRIS) software packages as possible,” says Dawn Boyer, PhD, author and consultant.

  1. Budgeting

The ability to set and adhere to a budget is a versatile and valuable skill. While the benefits of being able to manage a budget are much more obvious for business-related careers, there’s still good reason to develop budgeting skills. For one, budgeting is a great skill for your personal life. But beyond that, even careers that have very little to do with business or money management have the potential for you to reach a management position that may require careful management of finances.

About Rasmussen College

Rasmussen College is a regionally accredited private college that is dedicated to changing lives and the communities it serves through high-demand and flexible educational programs. Since 1900, the College has been committed to academic innovation and empowering students to pursue a college degree. Rasmussen College offers certificate and diploma programs through associate’s, bachelor’s and master’s degrees in seven schools of study including business, health sciences, nursing, technology, design, education and justice studies.

Source: rasmussen.edu/student-life/blogs/college-life/in-demand-skills-to-complement-any-resume/

Starting a Business? Steps every entrepreneur needs to know

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Woman Opening A Store

Confused about the planning, legal and regulatory steps you should follow? Did you know that home-based businesses are required to hold permits to operate legally in most states? What about incorporation? Many new businesses assume they need to incorporate or become an LLC from the get-go—but the truth is, more than 70 percent of small businesses are owned by unincorporated sole proprietors (although even this group is required to register their businesses).

So, variables aside, there are still some fundamental steps that any business needs to follow to get started. Below are steps that can help you plan, prepare, and manage your business—while taking care of the startup legalities. Not all these steps will apply to all businesses, but working through them will give you a sense of what needs your attention and what you can check off.

Write a Business Plan

Yeah, yeah, you know you should write a business plan whether you need to secure a business loan or not. The thing is, a business plan doesn’t have to be encyclopedic and it doesn’t have to have all the answers. A well-prepared plan—revisited often—will help you steer your business all along its growth curve. Try to think of your business plan as a living, breathing project, not a one-time document. Break it down into mini-plans—one for marketing, one for pricing, one for operations, and so on.

Get Help and Training

Starting a business can be a lonely endeavor, but there are lots of free in-person and online resources  that can help advise you as you get started. Check out what‘s offered at your Small Business Development Centers; SCORE, at score.com (which offers free mentoring services); Women’s Business Centers, your local U.S. Small Business Association (SBA) office, or the US Business Leadership Network® (USBLN®).

Choose Your Business Location

Where you locate your business may be the single most important decision you make. Many factors come into play such as proximity to suppliers, the competition, transportation access, demographics, and zoning regulations.

Understand Your Financing Options

You may choose to bootstrap, fall back on savings, or even keep a full-time job until your business is profitable, but if you are looking for an external source of financing, these resources explain your options.

Decide on a Business Structure

Going it alone or forming a partnership? Thinking of incorporating? What about an LLC? How you structure your business can reduce your personal liability for business losses and debts. Some choices can give you tax benefits. To help you determine the right structure for your business, the SBA can provide an overview of your options, information on how to file the necessary paperwork in your state, and the tax implications of your decision.

Register Your Business Name (“Doing Business As”)

Registering a “Doing Business As” name or “trade name” is only needed if you name your business something other than your personal name, the names of your partners, or the officially registered name of your LLC or corporation.

Get a Tax ID

Not every business needs a tax ID from the IRS (also known as an “Employer Identification Number” or EIN), but if you have employees, run a business partnership, a corporation or meet certain IRS criteria, you must obtain an EIN from the IRS. You’ll also need to start paying estimated taxes to the IRS; visit irs.gov for more about this process.

Register with Tax Authorities

Employment taxes, sales taxes, and state income taxes are handled at the state-level. Visit sba.gov to learn more about your state’s tax requirements and how to comply.

Apply for Permits and Licenses

All businesses, even home-based businesses, need a license or permit to operate. The SBA provides a guide explaining permits and licensing and includes a handy “Permit Me” tool that lets you determine what your permit and licensing needs are, based on your zip code and business type.

The SBA is one of your best resources for establishing, operating and growing your business.

Source: SBA

What makes HISPANIC Network Magazine a top minority magazine?

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latinos looking at iPad

According to the Census Bureau, an estimated 57.5 million Hispanics live in the U.S., accounting for approximately 18% of the country’s population.

This number is expected to rise and with it comes more opportunities to discuss diversity and inclusion in society and the workplace.

Currently, there are more than four million Hispanic-owned businesses throughout the U.S., and their revenues have climbed to more than $700 billion, according to the U.S. Hispanic Chamber of Commerce. In fact, Hispanic-owned businesses are growing in number at a rate that is 15 times the national rate.

Coming alongside the community in this exciting period of growth is Hispanic Network Magazine, a publication for anyone looking to engage with a minority magazine, latino magazine or hispanic magazine.

HISPANIC Network Magazine is a resource to assist businesses with their multicultural hiring and supplier needs. The goal of the hispanic magazine is to create an environment of teamwork in which Latin Americans and other minorities have access to all applicable business and career opportunities.

The Hispanic community is making strides in education, politics, government and the labor force. They have demonstrated their ability and determination to break barriers and expand their influence. Within the pages of HISPANIC Network Magazine, you will find stories that illustrate the ingenuity and resilience of Hispanic Americans and other minority populations.

HISPANIC Network Magazine has covered ‘Jane the Virgin’ star, Gina Rodriguez and how she balances social responsibility alongside stardom. Read about when Rodriguez decided to put her allotted FYC spend from CBS TV Studios toward paying for the education of an undocumented high school student here.

The magazine has also covered the 35-year-old Air Force veteran who made history by becoming the first openly gay candidate elected to public office in the South Texas town of Del Rio. Read this story online at HISPANIC Network Magazine here.

With sections dedicated to the topics of business, careers, education, entertainment, events, finance, government, health, Hispanic lifestyle and technology, this hispanic magazine provides the latest, most important diversity news, covering virtually every industry, business and profession. This includes up-to-date statistics on workforce diversity, as well as business-to-business trends.

In addition to the latest news and human interest stories that impact the Hispanic community, we offer both recruitment and business opportunities, along with accurate, timely conferences and event calendars.

HISPANIC Network Magazine (HNM) serves as a hub for content that highlights and celebrates the minority community so that those who identify with this population feel supported in their professional and personal endeavors. As a Hispanic American most can appreciate the difficulties their family has endured and most recognize that their experience has molded them into the person they are today.

Latino magazines like HNM understand the importance of community and are proud to spotlight inspiring role models and notable mentors. These are the stories that are going to empower others to create the legacy of diversity and inclusion that HNM stands for.

This Latina VP Believes This One Trick Will Help Build A Diverse Pipeline

LinkedIn

Carly Sanchez has led with a people first mindset since the beginning of her career in higher education, now as the Executive Vice President and Head of Talent Acquisition Strategy and Delivery at Wells Fargo she is able to scale her impact.

“[My role] encompasses the leadership of all team member hiring globally for positions across Wells Fargo at all levels, with an emphasis on targeted recruiting for diverse segments,” explains Sanchez. “I serve as the primary liaison to the Chief Diversity Officer for all human capital diversity issues.”

As a Latina, Sanchez understands the impact of having the right structures in place that would help facilitate not only the hiring of a diverse talent pool, but also its retention.

“I think it is critical for Latinas to serve as sponsors and actively engage in identifying and sponsoring talent for positions to advance careers of those coming through the ranks,” shares Sanchez.

The goal is to ensure that those who are talented and qualified have the opportunity to walk through the right doors and feel like they belong.

“I gain the greatest satisfaction from helping identify diverse talent and enabling their future path through education as an admissions officer and now through facilitating opportunities for career advancement through recruiting, hiring and D&I work,” says Sanchez.

Below Sanchez shares more about her day-to-day work, what her hopes are for Latina peer mentorship, and her advice to all who are navigating corporate ladders.

Vivian Nunez: How would you define your career’s mission and how do you implement it on a day to day? 

Carly Sanchez: My career mission is to optimize opportunities for talented individuals that will allow and enable them to maximize that talent in an environment that is conducive and values a diversity of perspectives and backgrounds. On a day to day level, my role now is less focused on individual positions for which we are hiring (although I still do stay involved in that) and now more focused on designing a strategy and organizational structure that will enable the businesses and functions at Wells Fargo to attract and promote the best most diverse mix of talent to support the work.

Nunez: How do you ensure that hiring is as diverse as possible? 

Sanchez: Outreach and sourcing of diverse talent pools is critical, building the pipelines in advance of the opening of a position. This enables us to build diverse candidate slates for review and increases opportunities for selection in an equitable process. Our team partners with many diversity focused organizations to build talent pools, targets potential sources of talent (for example, working with military bases for hiring of transitioning military etc.), partners with HR partners and hiring managers to identify where we may have greater opportunity to increase diversity at all levels of the organization, and consults on issues related to D&I including how Unconscious Bias can negatively impact our commitment to a diverse and inclusive workforce.

Nunez: What advice do you have for Latinas who are looking to break into spaces that are predominantly white? 

Sanchez: Mentoring and sponsorship can be critical as Latinas look to bring their talent to different challenging environments.  Identifying individuals who can help you learn more about the role and meet individuals working in these organizations is ideal. It is also important to research and educate oneself about the organization, including developing a detailed understanding of the mission, the day to day work and any available information on the organization. This demonstrates your true interest and commitment when you have an opportunity to connect.

Continue onto Forbes to read the complete article.

The iGen iEverything Train is Coming, but Are You Ready?

LinkedIn
iGen

Technology is being consumed at an ever increasing rate causing executives, managers, and process improvement experts on the factory floor to re-define the methods of training and dissemination that have become obsolete.

Critical skills and tribal knowledge are being lost as boomers retire and training plans for new employees fall short of preparing workers for the sophistication of the new manufacturing environment.

Move over millennials, here comes the IGen! Born between 1995 and 2005 this group of tech savvy natives is the next cohort and are just now entering the workforce. IGen, or Gen Z as they are often referred, have grown up in a world of social media where Youtube, Instagram, and Twitter reign supreme. These kids are a force to be reckoned with and require access to information in ways that are familiar, immediate, and actionable. Our success depends on them because as the IGen goes, so goes the manufacturing industry, the nation, and the world.

Alliance Resource Group, in partnership with Sify Technologies has pulled together experts from manufacturing, academia and automated methodologies to develop a solution that addresses the manufacturing challenge of this next generation and identifies the key components of a successful framework including content management, dissemination methodology, scalability, and integration with current learning management systems. These components constitute a micro-learning strategy that facilitates current and future state requirements.

Alliance Resource Group (ARG), is a service disabled veteran owned business located in Newport Beach California. With a foundation in resource management, recruiting, and consulting, ARG provides services to small and medium size companies throughout the United States.

View the ARG White Paper here! Better be prepared for total process transformation if you want to remain competitive.

A-Rod In Paradise: Swinging For Redemption Through Baseball And Business

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Even as Alex Rodriguez sits contemplating a platter of raspberries at the Four Seasons in Austin, he is chasing something. The day before, in preparation for his new gig as an ESPN Sunday Night Baseballanalyst, he visited three teams at spring training in Arizona. Today in Texas, he gave a keynote address at South by Southwest titled “Baseball, Business and Redemption” with CNBC chairman Mark Hoffman. And later he’ll jet home to Miami to spend time with his two daughters before heading to Tampa to see the Yankees in his role as special advisor.

“I’m totally grateful for where I am today and do not take anything for granted,” the 42-year-old Rodriguez says. “And I felt that once I owned all of that and started digging myself out of this black hole, I wanted to come out a different person.”

What Rodriguez is chasing these days is redemption–and in the wake of his 2016 retirement, he’s finding it by analyzing baseball and business. He debuted as a commentator for Fox last year before adding the ESPN job, remarkably coexisting with rival networks. Rodriguez also oversees A-Rod Corp, which includes real estate investments (13,000 units across ten states), conditioning companies (from UFC-branded gyms to TruFusion, a kettle-bells-and-hot-yoga outlet) and startups (with stakes in Josh Kushner’s health insurance company, Oscar, as well as the ride-sharing service Didi and the eSports team NRG). He’s even made savvy moves with his own real estate, selling his Miami Beach mansion for $30 million in 2013 (double what he paid) before building his dream home in Coral Gables.

His real-life investing expertise landed him a guest spot on ABC’s Shark Tank in 2017, becoming the show’s first Hispanic shark. This year he’s displaying his coaching skills on CNBC’s Michael Strahan-produced Back in the Game, in which Rodriguez creates a financial plan for Joe Smith, a former No. 1 NBA draft pick who squandered career earnings of $61 million. Says Hoffman: “It’s an opportunity to educate, which is also at the core of Alex’s redemption story.”

For Rodriguez, the curriculum began at birth. His father, Victor, ran a shoe store in New York City before moving his clan to the baseball-obsessed Dominican Republic and then to Miami. “I’ve always had passion and a dream to be both mainly a baseball player and a businessman,” Rodriguez says. “That’s what my father was, and I wanted to be like him.”

Continue onto Forbes to read the complete article.