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The Power of Education
Randall Stephenson, Chairman and Chief Executive Officer, AT&T

 

America’s great strength has always been its willingness to embrace diverse populations, perspectives and beliefs. That openness to new and different ideas helped make the U.S. a world leader … and continues to contribute to our success today.

The same principle applies when it comes to America’s businesses. Diversity makes our companies better places to work and stronger competitors. It helps us attract the best talent … design the best products … and respond to our customers in ways we otherwise might have missed.

This is something we feel passionately about at AT&T. Our business is to connect people with their world, everywhere they live and work. And we know that the best way to deliver on that mission is to embrace diversity in all of its forms.

That’s why we work so hard to build and develop an inclusive workforce. Today, Latinos and Hispanics make up 12 percent of our U.S. workforce and 7 percent of our U.S. managers. Many of our business leaders, including the head of AT&T Mobility, are Latino or Hispanic.

Randall Stephenson, Chairman and Chief Executive Officer, AT&T
 

It’s why we are pleased to be a pioneer and national leader when it comes to supplier diversity. We created our supplier diversity program in 1968 … and spent $5 billion with diverse suppliers in 2007 alone.

That same commitment to diversity is why we are proud to support our communities and serve diverse populations in ways that are culturally relevant and respectful.

But we believe there is another way businesses like ours can support diversity. I’d like to share one example.

Every year, one in three students – more than one million children each year – fail to graduate with their classmates. And the reality is even worse for Latino students, who are far more likely to drop out than the general population.

Statistics like these hide a terrible human cost. A good education has always been the gateway to a better life and a broader choice of careers. When we fail to provide that education, we make it harder for our kids to get the skills and experiences they need in today’s digital economy.

When you consider that Latinos have become the largest and fastest growing minority group in the U.S. – and that one-third of the Hispanic population currently is under the age of 18 – you begin to see the scope of the problem.

We need to reverse these trends.

Earlier this year, we announced the largest education initiative in our company’s history, AT&T Aspire – a $100 million commitment to keep kids in school and improve their chances for a better life.

One element of Aspire is designed to help children see the real-world relevance of what they learn in school.

We partnered with Junior Achievement to offer 100,000 students the opportunity to job-shadow 10,000 AT&T employees. We believe there is great value in giving students an up-close look at the skills they will need to compete in the modern workforce.
I had the opportunity to become the first of those 10,000 AT&T employees when Alex Elizardo, a Texas high school student, shadowed me for a day on my job.

It was a great experience for both of us. Actually, I think I learned as much from Alex as he learned from me. But the best part was that Alex went on to graduate with his classmates in June. And he recently sent me an e-mail announcing his intention to pursue a business degree.

We believe that diversity only begins with the kind of workforce we build or the ways in which we serve diverse customers. In a fundamental sense, it also includes the investments we make in our communities and our children. And at AT&T, we consider this one of the most important investments anyone can make.

 

[This article has been edited for www.latinastyle.com. For the full version, check out the July/August issue of LATINA Style.]

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