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US, ANDI Facilitate Dialogue On Inclusion of Ethnic Talent In Colombian Corporate Value Chains

US, ANDI Facilitate Dialogue On Inclusion of Ethnic Talent In Colombian Corporate Value Chains

Posted On June 9, 2024
By : Loren Moss
Comment: Off
Tag: acdi, afrocolombian, andi foundation, bancolombia, catalina martinez, cric, ethnic board program, ingredion, luis sevillano, onic, Pavco, pcn, usaid, voca

A new advisory board was convened to address the challenges and opportunities related to integrating ethnic talent into corporate value chains. The board aims to identify obstacles, analyze business practices that may hinder participation, and propose actions to improve the hiring, development, and retention of ethnic talent within the private sector.

The session included representatives from various companies, such as Pavco, Ingredion, and Bancolombia, alongside ethnic leaders who highlighted the importance of diversity, equity, and inclusion in business.

Luis Sevillano, director of the Ethnic Board Program of USAID and ACDI/VOCA, emphasized the economic impact of exclusion. “Understanding the cost of exclusion helps us recognize the economic implications for both the business sector and the country. This prompts a reflection: Isn’t it good business to capitalize on diversity and the opportunities that inclusion offers? Failing to do so could mean missing out on competitiveness,” said Sevillano.

Catalina Martínez, director of the ANDI Foundation, underscored the significance of the Advisory Board in fostering concrete actions. “This space is crucial for private sector representatives, encouraging them to highlight the importance of ethnic inclusion in business competitiveness and to share effective practices, inspiring others to join this initiative,” Martínez stated.

The project, titled Fostering the Inclusion of Ethnic Groups in Business Value Chains, is a collaboration between USAID’s Ethnic Board Program, ACDI/VOCA, and the ANDI Foundation. It seeks to raise awareness among companies and promote actions to adapt inclusion processes in value chains. The initiative is supported by nine partner organizations, including the Black Communities Process (PCN), National Indigenous Organization of Colombia (ONIC), and the Regional Indigenous Council of Cauca (CRIC).

The USAID and ACDI/VOCA Ethnic Board Program focuses on supporting the self-determined development of indigenous and Afro-Colombian communities by strengthening institutional capacity and promoting ethnic organizations. It also aims to increase access to socio-economic opportunities and enhance respect for ethnic heritage and cultural diversity.

The ANDI Foundation, since 2014, has led the Inclusive Competitiveness Strategy, which positions the private sector as a key player in creating a business environment that is not only competitive but also equitable and inclusive. The strategy emphasizes the need to diversify suppliers, reflect societal diversity within corporate staff, and leverage various groups to distribute products effectively.

US, ANDI Facilitate Dialogue On Inclusion of Ethnic Talent In Colombian Corporate Value Chains

The project, titled Fostering the Inclusion of Ethnic Groups in Business Value Chains, is a collaboration between USAID’s Ethnic Board Program, ACDI/VOCA, and the ANDI Foundation.

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About the Author
Loren Moss is the founder and publisher of Finance Colombia. He has over 20 years of international business experience, including over a decade of experience in securities, insurance, and commercial real estate, at the institutional and international level.
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