Posted 22 minutes ago
Proposed by Yum! Brands
IRVINE, Calif., Feb. 2, 2022 /CSRwire/ — Taco Bell asked the question: Shouldn’t the leaders of the Taco Bell system reflect the people who eat and work there? In an effort to remove potential roadblocks and further diversify its franchise system, Taco Bell today announced the deployment of Taco Bell Business School in partnership with the University of Louisville: a unique franchise education program in its kind to elevate restaurant executives as entrepreneurs and break down barriers to franchise ownership.
Taco Bell Business School will be supported by the Yum! Center for Global Franchise Excellence in partnership with the University of Louisville. Yum!, the parent company of Taco Bell, launched the Center with the University of Louisville College of Business in 2021 to unlock opportunities for underrepresented communities through franchise business education. The Taco Bell pilot program will leverage this partnership to create pathways for restaurant leaders to advance in their careers while helping the brand build a more diverse franchise system.
“We know that fast food jobs are often viewed as stepping stones to other careers,” said Mark King, general manager of Taco Bell. “And we are trying to change that. Through the Taco Bell Business School, we want to show our ambitious restaurateurs how their careers could flourish at Taco Bell and see opportunities they might not have considered before. We want to make fundamental changes that positively impact the growth of our diverse team members. This program will teach them the skills they need to climb the ladder, whether it’s going to the next level or even owning their own franchise one day.
The six-week business boot camp will teach top-performing restaurant executives the fundamentals of franchise ownership, building on the existing curriculum of the Yum! Center for Global Franchise Excellence, infused with a Taco Bell touch. The courses will provide accredited education and training in essential business and entrepreneurial skills, from financing, growth and development to marketing and HR. Taco Bell has partnered with its dedicated franchisees to share their expertise and inspire future franchise owners.
“When I started working at a Taco Bell restaurant in 1983, I thought I would only be there for a few months,” said Tina Reagan, president and COO of the K-Mac Enterprises franchise. “I had no idea that I would end up staying for a few decades and eventually managing and operating 319 restaurants. As someone who started out as part of a team, I know firsthand that franchise ownership can be a daunting path. But it has been very rewarding. I’m proud to work for a company that strives to create a path to franchise ownership for restaurant leaders of diverse backgrounds at all levels.
Participants will receive scholarships to cover program tuition and will be recognized internally within the Taco Bell system for their achievements. Not to mention, they’ll receive fun branded gifts so they can show off their business school pride.
The first class of Taco Bell Business School students will begin bootcamp in February 2022. Taco Bell will continue to grow the program in the future and build a talent pool for strong leadership in the field.
“I believe businesses and educational institutions have a responsibility to work together to break down barriers and create opportunities for those who otherwise wouldn’t have them,” said Kathy Gosser, Director of Yum! Global Franchise Center of Excellence. “The close working relationship between Yum!, Taco Bell and the University of Louisville demonstrates the power of collaboration. Together, we can help people learn new skills, fuel their entrepreneurial spirit, and ultimately build a better future for generations.
About Taco Bell Corp.
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About the University of Louisville
Founded in 1798, the University of Louisville is a public research university located in the greater Kentucky metropolitan area. The university enrolls more than 22,000 students each year in undergraduate, graduate, and professional programs at 12 colleges and schools. The university has been recognized and honored for its research efforts, community engagement initiatives, and commitment to diversity. UofL is accredited by the Southern Association of Colleges and Schools Commission on Colleges and is a member of the Atlantic Coast Conference for scholars and athletes. For more information, visit louisville.edu.
Yum! Brands, Inc., based in Louisville, Kentucky, has more than 48,000 restaurants in more than 145 countries and territories, primarily operating the company’s restaurant brands – KFC, Pizza Hut and Taco Bell – world leaders in chicken, pizza and Mexican cuisine. Worldwide, the Yum! The brand system opens more than eight new restaurants per day on average, making it a leader in global retail development. In 2018, Yum! Brands was named to the Dow Jones Sustainability North America Index and ranked among the Top 100 Corporate Citizens by Corporate Responsibility Magazine. In 2019, Yum! Brands has been named to the Bloomberg Gender-Equality Index for the second consecutive year. For more information on Yum! Trademarks, visit yum.com. Yum! Media line: 502.874.8200
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