BALANCING CAREER PLANS
THE MAGELLAN BLUEPRINT
As part of the program, each Magellan participant is paired with a cohort team and leader who provides education regarding professional best practices. Participants are introduced to a cross-section of senior executives through a series of workshops focused on self-reflection, personal branding, networking, and presentation skills. Participants learn how to balance short-term and longterm career plans with day-to-day physical and emotional stresses.
Other associate networks within the firm have studied the Magellan blueprint, including its Hispanic, military, and Asian networks. Externally, Magellan has been shared with other major corporations who have similar interests.
The resulting effect of the program is a more connected, more grounded, more deliberate careerminded associate. “This mindset is empowering and typically results in a greater than 40 percent promotion rate for participants,” according to Capital One’s Media Relations Director Julie Rakes. Since 2007, nearly 400 associates have graduated from Magellan. “Through sessions on effective networking and career planning, I am now more confident when I make new connections. The African American Network’s Magellan Program has provided me the skills and resources to take charge of my own development,” said Rosetta Wimbush, Trainer, US Card and 2015 Magellan graduate.
As part of its D & I strategy, the company is committed to creating mutually beneficial relationships with minority, women, disability and LGBT owned businesses. It also identifies and encourages diverse businesses to compete for commodities and services throughout the Capital One enterprise. Capital One has received national D&I recognition in a variety of areas in recent years. Established in 1994, Capital One has grown into a diversified bank with one of the most widely recognized brands in America. The company has a history of innovation, from its early days as a small bank division to its current status as a world-class Fortune 500 company. PDJ
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