1851

Louisville-based <a href="https://www.yum.com/wps/portal/yumbrands/Yumbrands?utm_source=1851franchise.com&utm_medium=article&utm_campaign=yum-brands-and-the-university-of-louisville-launch-franchise-education-program-targeting-women-and-people-of-color-2715839" target="_blank" rel="nofollow">Yum! Brands</a>, a Fortune 1000 fast food corporation that operates leading QSR brands like <a href="https://www.kfc.com/franchising?utm_source=1851franchise.com&utm_medium=article&utm_campaign=yum-brands-and-the-university-of-louisville-launch-franchise-education-program-targeting-women-and-people-of-color-2715839" target="_blank" rel="nofollow">KFC</a>, <a href="https://www.tacobellfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=yum-brands-and-the-university-of-louisville-launch-franchise-education-program-targeting-women-and-people-of-color-2715839" target="_blank" rel="nofollow">Taco Bell</a> and <a href="https://franchise.pizzahut.com/home/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=yum-brands-and-the-university-of-louisville-launch-franchise-education-program-targeting-women-and-people-of-color-2715839" target="_blank" rel="nofollow">Pizza Hut</a>, recently <a href="https://www.yum.com/wps/portal/yumbrands/Yumbrands/news/press-releases/yum+brands+and+u+of+l+announce+first-of-its-kind+education+and+research+center+to+unlock+opportunities+in+franchising+for+underrepresented+people+of+color+and+women?utm_source=1851franchise.com&utm_medium=article&utm_campaign=yum-brands-and-the-university-of-louisville-launch-franchise-education-program-targeting-women-and-people-of-color-2715839" target="_blank" rel="nofollow">announced</a> a new partnership with <a href="https://louisville.edu/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=yum-brands-and-the-university-of-louisville-launch-franchise-education-program-targeting-women-and-people-of-color-2715839" target="_blank" rel="nofollow">The University of Louisville</a> to create the Yum! Center for Global Franchise Excellence, which will conduct research to develop new knowledge surrounding franchise ownership and create ways to share franchising education and news.&nbsp;According to the release, the center will also focus on recruiting and educating underrepresented people of color and women as a “pathway to entrepreneurship.”The Yum! Center is part of the Yum! Brands’ $100 million dollar “Unlocking Opportunity Initiative,” which promotes equity, inclusion, education and entrepreneurship for employees, frontline restaurant teams and communities around the world.“We’re proud to partner with the University of Louisville on developing a sustainable, globally scalable program that democratizes exposure to and builds knowledge of the franchising industry for all,” said <a href="https://www.linkedin.com/in/scottacatlett/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=yum-brands-and-the-university-of-louisville-launch-franchise-education-program-targeting-women-and-people-of-color-2715839" target="_blank" rel="nofollow">Scott Catlett</a>, chief legal and franchise officer for Yum! Brands, in the release. “Our hope is the Center will carve a path to economic opportunity and successful ownership for talented, underrepresented people while bringing diverse voices and ideas to the broader franchising community.”The center will offer programs at the undergraduate, graduate and executive-level through the College of Business, which already includes an executive-level Franchise Management Certificate. Additionally, the center will research case studies, white papers and other work to better understand why there are lower ownership averages for underrepresented people of color and women in the franchising industry.“Franchise ownership among underrepresented people of color and women is lower than their representation in the population,” said <a href="https://business.louisville.edu/faculty-research/faculty-directory/14451/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=yum-brands-and-the-university-of-louisville-launch-franchise-education-program-targeting-women-and-people-of-color-2715839" target="_blank" rel="nofollow">Kathleen Gosser</a>, Ph.D. and executive-in-residence in the <a href="https://business.louisville.edu/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=yum-brands-and-the-university-of-louisville-launch-franchise-education-program-targeting-women-and-people-of-color-2715839" target="_blank" rel="nofollow">UofL College of Business</a>. “Our goal is to uncover and reduce barriers to franchise ownership, starting with education.”The programs will be led by both University of Louisville alumni and subject matter experts at Yum! Brands, who will provide resources, up-to-date information and “powerful industry insights on the state of franchising.”The Center for Global Franchise Excellence is not Yum! Brands’ first initiative that focuses on equity and inclusion. The company also joined <a href="https://www.yum.com/wps/portal/yumbrands/Yumbrands/news/press-releases/yum+brands+joins+oneten+coalition+to+accelerate+black+talent++into+us+restaurant+management+field+leadership+and+corporate+roles?utm_source=1851franchise.com&utm_medium=article&utm_campaign=yum-brands-and-the-university-of-louisville-launch-franchise-education-program-targeting-women-and-people-of-color-2715839" target="_blank" rel="nofollow">OneTen Coalition</a> earlier this year to develop, retain and advance underrepresented talent into U.S. restaurant management, field leadership and corporate roles. According to Restaurant Dive, the company was also named in the <a href="https://www.yum.com/wps/portal/yumbrands/Yumbrands/news/press-releases/yum+brands+named+to+2021+bloomberg+gender-equality+index?utm_source=1851franchise.com&utm_medium=article&utm_campaign=yum-brands-and-the-university-of-louisville-launch-franchise-education-program-targeting-women-and-people-of-color-2715839" target="_blank" rel="nofollow">2021 Bloomberg Gender-Equity Index</a> for its “efforts to advance women's equality and transparency in gender reporting.”&nbsp;

Yum! Brands and The University of Louisville Launch Franchise Education Program Targeting Women and People of Color

1851 Franchise

In an effort to improve diversity and inclusion in the franchise industry, the program will provide existing and prospective franchisees with online education on topics in franchising.

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How BeanSquad Elevates Financial Management for Hammer & Nails Franchisees

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Express Employment Professionals

Why Pennsylvania Is an Ideal State for Express Employment Professionals Franchise Growth

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How Much Can You Make as a Children's Lighthouse Franchisee? Unveiling the Revised Item 19

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Voodoo Brewing Co.

Why the Voodoo Brewing Co. Franchise Model Enhances Local Connection Despite Brewing Off-Site

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Yum! Brands and The University of Louisville Launch Franchise Education Program Targeting Women and People of Color

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