5 Ways to leverage Latino talent in your organization to its full potential

I’m so proud to introduce you to Luis Moreno, our newest contributor to LatinasinBusiness.us! Luis brings impeccable credentials as a Latino talent thought leader in the Financial and Business communities.

The VP of Marketing for Synchrony Financial, Luis is also the co-founder of The Twin Cities Business Peer Network, a 1,700-member organization that helps students and peers grow personally and professionally.

He was awarded NSHMBA MSP’s “Member of the Year” and has been named “Top National Champion of Diversity” by DiversityBusiness Magazine and “Top 100 Under 50 Executives and Emerging Leaders” by Diversity MBA Magazine.

Luis holds an MBA from the Carlson School of Management, is a Public Policy Fellow at the Humphrey School of Public Affairs, and is a member of the Young American Leaders Program at Harvard Business School. We are honored and grateful to have Luis on board!

Got Latino talent in your organization?

Among many other positive characteristics, Latinos are optimistic, enthusiastic, adaptable, and they grow up in highly relationship-based and collective environments. The culture is built around people and loyalty. Interpersonal skills play a big role in our culture. All of these characteristics and skills can be leveraged in any organization to improve results.

1. Latino talent and retention

Latinos can be very loyal if they feel valued in an organization so they can help your retention rate if they are working under favorable conditions and being acknowledged and valued.

They make great employees and team members as they take great pride in the work they do and place high value in earning the respect and appreciation of others. These tendencies will usually be a strong motivation for a Latino employee to want to go the extra mile at work.

2. Latino talent in management roles

As managers and supervisors, Latinos have a general tendency to be in-tune with people matters, given the high weight that the Latino culture places on people.

So, Latino managers and leaders will pay special attention to how employees are feeling, whether they are being acknowledged and recognized. They will also be in tune with employees in their team, and make sure they have the opportunity for flexibility to achieve work-life balance and be there for their families, the most important aspect for Latinos.

3. The female Latino talent

Organizations that promote the development and growth of female leaders can find in Latinas great talent and potential. Latinas grow up in highly social environments, which help them develop strong social and communication skills.

Latinas are determined, considerate, and caring, as they play a strong role in the Latino family, home, and community, values that they leverage professionally in the organization.

So, not only having Latinas among the leaders of the organization will help with the organization’s goals and results, but it can also help improve moral, motivation, well-being, and the work-life style balance for employees in the organization.

4. Latino talent in conflict management

When it comes to managing conflict and resolving issues, because of Latino’s natural tendency to build strong personal relationships, such relationships can help in establishing and effectively managing any necessary communication to resolve concerns.

Since Latinos, in general, have a tendency to be cheerful and optimistic, they can help the organization when it comes to having to communicate bad news, because they will try to find an angle of the story to communicate optimism and hope, which can at least help members get and assimilate the unfortunate news more easily.

5. Latino talent and partner relationship management

Latinos can also help with the organization’s relationship with partners. Leverage Latinos in your organization to help build relationships and trust faster with customers, vendors, and partners, as Latinos have a passion for people.

Go through your list of external partners and see if you have any customers, vendors, or partners from or with operations in Latin America. That can make those relationship-building even easier and faster, as often people tend to feel comfortable doing business and managing matters with people with whom they can more easily relate to, identify with, and with whom they can share some commonalities, such as culture, language, and experiences.

Find the organizations that represent them

So, make sure you are leveraging the Latino talent in your organization to its full potential. You can have a treasure right there in your own team ready to be discovered! You can get valuable and useful information about Latinos, their contributions over time, and their benefits in the work place, through many great organizations in various fields which have been building a strong knowledge base and expertise and are happy to help you.

• The National Society of Hispanic MBAs (NSHMBA), recently rebranded as “Prospanica”. This fantastic organization has been in existence for 28 years, since its foundation in 1988. It has been working on increasing the number of Latinos graduating with MBA’s for over two decades. In 2015, NSHMBA extended its reach beyond the MBA community to undergraduate and high school-level students. They empower Latino professionals to achieve their full educational, economic and social potential. I am very proud to have been an active member for over 15 years.
• In the STEM field, there is the Society of Hispanic Professional Engineers (SHPE), founded in 1974 by a group of engineers employed by the city of Los Angeles. They have built a really strong national organization of professional engineers, which serve as role models in our Latino community. SHPE has a strong network of professional and student chapters throughout the country and I feel fortunate to have had the opportunity to partner with multiple of its members for great initiatives to support Latino Engineering students and professionals.
• National Council of La Raza (NCLR), which was started in 1968 and whose great mission is to improve Latinos’ opportunities for success in achieving the American Dream. They provide research, policy analysis, and state and national advocacy efforts to serve millions of Latinos in the areas of civic engagement, civil rights and immigration, education, workforce and the economy, health, and housing.

Also, there are amazing organizations at the local level, which partner with national organizations and can be of great help. For example in the Midwest, there are really strong organizations supporting Latinos, such as Comunidades Latinas Unidas en Servicio (CLUES), Neighborhood House, LatinoLEAD, and many others.

If you have interest in learning about more ways to leverage the Latino talent in your organization and would like some ideas, perspectives, and suggestions, feel free to contact any of these organizations or let me know. I will be more than happy to share some perspectives, insights, and ideas with you. We welcome your comments!