Term Paper on "Hispanic Women Leadership for the New Millennium"

Term Paper 15 pages (6065 words) Sources: 1+

[EXCERPT] . . . .

Hispanic Women Leadership for the New Millennium

Hispanic-American women have struggled for centuries to get their respect and acknowledgment. Hispanic women have been at their helm, whether it is in the home, workplace or in the society. (Observation focuses on women leaders) in the struggle for restoration of social, political and economic righteousness, the women of Mexican Revolution with the rifles on their shoulders, commonly known as Adelitas, were equally devoted to the cause of the revolution and were jeopardizing their lives at the war front equally with their men. Presently, the same fortitude of Adelita remains to exist on the eve of the Hispanic women's struggle for equality and their status in the society. While the Hispanic community emerges to attain success in the United States and abroad, we are presently accessing the era of the Hispanic women. Hispanic women have adhered to their specific traditions and mixed it with the strength and modernization characteristics of the United States, generating new scopes in a wide range of careers and professions. (Gutierrez, 2002)

Most Hispanic women are bringing out the skills to the work place which they have attained by means of their practice as wives, mothers, and community workers. Many other Hispanic women acquire stimulations in their traditions and families. While the Hispanic population appears to grow, a fresh acknowledgement is being forged; known to be the Hispanic-Working woman. An increase in the Hispanic population to the tune of 58% is noticed during the last decade from about 22.4 million in the 1990 to 35.3 million in 2000 is being noticed with Hispanics practically representing the African-American community as the largest minority group of the community. (Gutierrez, 2002) as per the Catalyst, a women's group, the females are reported to hold 15.7% of the corporate officers in Fortune 500. Women are occupying about 7.9% of the clout positions at these companies, and they comprise about 5.2% of the top money-earners. While such numbers are not so huge, in consideration to the women representing about 46.6% of the U.S. labor force, all of these statistics have soared up during the last couple of years. (Chavarria, 2003)

The Hispanic women are remarkable contributors in such upswing. As per the projections made by Labor Department the number of Hispanic women in the aggregate workforce is expected to progressively increase from 5.7 million in 1998 to 8.5 million by 2008, considered to be the largest growth of about 48% among all female ethnic groups. In this way the Hispanic are expected to account for about 13% of the total workforce in the United States and approximately about one third of this figure will be women by the year 2008. They are engaged primarily in the technical, sales, and administrative sustenance groups of comprising of about 36.8%. In the service sector the engagement is about 27.7% and similarly about 18.1% are engaged in the managerial and professional category. As per the estimates made by the Center for Women's Business Research the Hispanic female accounts for the ownership of about 470,344-business establishment. Such estimation is about 39% higher than the aggregate of 1997. It has been observed that the women and more particularly the Hispanic women are showing great success in all the fields. (Chavarria, 2003)

The Hispanics are benefiting from the rewards of being in the mainstream levels of the economic and Cultural Revolution more than earlier. The business people more specifically the advertisers, whose living relies on watching on such rise in the purchasing power of the population and enhanced affluence and efficacy, have succeeded in observing such considerable progression. Every year more and more companies desire to restructure them as being multicultural and as the purchasing power of the Hispanic community enhances, even the luxury brands like Jaguar are ready to tailor their advertising propagandas for the Hispanic consumer. Such a trend has focused on the benefits of the Hispanic women leaders in the job market. Having a total of 5 million Hispanic women in the U.S. workforce, most of the companies are taking care of the essentials of minority women employees and becoming accustomed to such a new era. (Gutierrez, 2002)

Many issues are associated with the Hispanic women leaders: those which are regarded as of much concern are: the number of Hispanic executives and board members, mentoring programs, management / leadership progress, opportunities relating to education, support for childcare, maternity leave, different work place policies, benefits, issues relating to relations between women and Hispanic community. Such issues have quickly paved their way into the Board meetings and have accorded into new and varied work policies. (Gutierrez, 2002) an example of the success of Hispanic women is the Congresswoman Nydia Velazquez, with her profound influence in respect of the political and business sectors. Ms. Velazquez being the first Puerto Rican woman voted to congress is regarded as the pioneer of the Hispanic effect in the U.S. Further she has safeguarded the small business and minority entrepreneurship in her capacity of a Democrat idealist on the small business committee for years, devoting herself in pursuit of the desired improvement and positive perception of the Hispanic community. (Chavarria, 2003)

The best illustration of the determination of the Hispanic women is the reality that 75% of the Hispanic women entrepreneurs come into business ownership by initiating their own businesses. (Gutierrez, 2002) in spite the difficulties of inequity, lack of education, working capital, access to credit, language problem, poverty, and the environment of segregation that infuses our society, the number of Hispanic businesses are increasing radically, particularly among the women. These women are opening businesses at thrice the level of the national average. (Effectively Serving Hispanic Women Entrepreneurs) as per a survey undertaken by National Foundation for Women Business Owners-NFWBO and duly authorized by Wells Fargo and Company, most of the Hispanic women entrepreneur's possess long standing businesses in a wide variety of industries. (Gutierrez, 2002) as per the National Foundation for Women Business Owners -NFWBO, the number of Hispanic-owned companies increased to 206% between 1987 and 1996. In the past decade sales at these Hispanic women-run firms increased rapidly to 534% and employment bounded to 487%. At present, an approximation by the HispanTelligence says that Hispanic women have 569,000 companies in the United States, holding more than one third of all Hispanic-owned companies. (Effectively Serving Hispanic Women Entrepreneurs)

Hispanic women are also prone to describe their business as being started on their own and also being family run in comparison to women business owners of other ethnicities. Presently, the Hispanic women-owned firms are considered to be a crucial part of the fabric of business in the United States. Presently the Hispanic women-proprietorship firms constitute a crucial part of the fabric of business in the U.S., with Hispanic women entrepreneurs holding their business for about 12 years on an average. They are regarded as one of the most significantly progressing business segments. As per the report of NFWBO under the caption, 'Trends Among Minority Women-Owned firms', about 382,400 Hispanic owned firms in the United States created sales of $67.3 billion-which is a 534% enhancement over 1987 figures, and this is worthy of comparing it to the growth rate of 120% in all businesses. (Gutierrez, 2002)

Many Hispanic women seem to be effective restaurant owners, exhibiting considerable profits probably exploiting the confidential recipes of their grandmas. Their efficiency, the desire for improvement, and heritage are a strengthened combination that entails advantage to a more successful generation of the Hispanic women community. What Hispanic women leaders like the best about their business proprietorship is to be their own boss along with more flexibility and freedom, regulating their own fate, enhancing their own economic situation, and entailing greater flexibility in enjoying both family life and career. Similar to the Adelitas of the Mexican Revolution the Hispanic women leaders have never deterred from the struggle and it is their resolution that has made it clear to have a more exciting and rewarding times and this resolution is felt essential to persistently assure a competitive advantage in tomorrow's fast paced world.

Moreover, there are ample confrontations faced by such growing fraction of the community, from equivalent rights and labor struggles, to education, bilingualism, immigration and the intimidating task of mixing family life with a career. The Hispanic women leaders persistently describe the enhanced ambivalence levels concerning the interaction between the motherhood and employment. Such women are required to address the issues relating to the improving the conditions of Hispanic in an Anglo society and supplementing to the growing up female in a male dominated community. Education is considered to be one the greatest challenges. As a result of the lower educational accomplishments and resulting limited skills, in a more common circumstance the minority women are seen still seen to be placed in low levels, and adverse working conditions. (Gutierrez, 2002)

In spite of their development, women-possessed Hispanic businesses continue to confront certain challenges. Hispanic women entrepreneurs are often branded based exclusively on their gender, regardless of ethnicity. Eneida Uehlin, president… READ MORE

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