INROADS October Impact Event
Igniting the Hispanic Economy Through Corporate Social Responsibility
The attention to underrepresented groups has been phenomenal but once the dust settles, what are your expectations with respect to attention to Hispanic communities? What are some of the most promising practices (by corporations) that you have witnessed, both internal and external? Why is supplier diversity such an important consideration? Do you feel that there are concerted efforts to develop and groom young Hispanics for C-Suite positions? These were among the questions examined during the October Impact Series Event. Three D&I thought leaders discussed inequities that prevail for Hispanic communities and what corporations and individual can do to impact change.
TOWARDS EQUITY: WEALTH IMPACTS FOR BLACK PROFESSIONALS IN CAREERS LAUNCHED BY INTERNSHIPS
This article expands upon the study of wealth impacts for students who matriculated through a career development program targeting African American, Hispanic, and Indigenous students. The study was conducted by Fulbright Scholar, Adam Davids, who was hosted by INROADS, a nonprofit organization focused on providing access and opportunities for career acceleration to students from backgrounds underrepresented in corporate leadership. Authors theorize that students who matriculate through the INROADS process can leverage training, professional experiences, and the support of peer connections to land in high-income careers and build wealth. An analysis of economic indicators shows considerable wealth enhancing outcomes, compared to college educated White peers, including heightened rates of homeownership, higher income, and comparable net worth.