The IMF has indicated political polarization, high crime and outward migration, rising unit labor costs and high logistics costs, barriers to entry and expansion of business, fiscal uncertainty, and limited human capital.
From a statement issued by the IMF:
The IMF staff team visited San Salvador during April 25—May 6 for the 2016 Article IV consultation and held fruitful discussions with the Salvadoran authorities, parliamentarians, business community, academics, and social partners.
The quality that the school system has today will determine the quality and development that the economy can achieve tomorrow.
Panama's decision to re-join the group of countries which every three years submit their education systems to the PISA test run by the Organization for Economic Cooperation and Development (OECD) will determine any lags that may exist in the model of education in respect to developed countries, and lay the foundation for analyzing the changes that need to be made to increase the capacity of analysis and understanding of students today, for better socio-economic development in the future.
At the one year anniversary of government of Juan Carlos Varela entrepreneurs are taking stock of his management recommending a better relationship with the private sector and the modernization of the education system.
From a statement issued by the Chamber of Commerce, Industries and Agriculture of Panama (CCIAP):
Six construction companies submitted bids in the tender for the construction of a school in the Pacora district of Panama, with a price tag of $15.7 million.
The companies that submitted bids are Consultores Profesionales e Ingeniería, Constructora Urbana, S.A., Proyectos y Construcciones Canaima, Constructora Ripard, Administración y Supervisión de Obras Civiles, S.A. and Riva, S.A. The proposals are being evaluated and the work will be awarded according to the score obtained (maximum 100 points) .
The government is negotiating with health authorities in the US the vetting of new abattoirs in order to adapt to the regulations required in the North American country.
The negotiations between the Panamanian government and the Office of Agricultural Affairs of the United States could boost exports of beef, which in the first six months of the year fell by 7.3% compared to the same period in 2013, according to figures from the Comptroller General of the Republic.
If employees face evaluations with fear or suspicion our organization ends with corrupted, useless results.
Even though all evaluation processes are preceded by traditional warnings such as “we look to improve processes”, “we are not looking for those guilty but to learn from mistakes”, etcetera, the mood in the organization becomes tense, and each of its members focuses on proving the quality of their own work, instead of contributing to improving the company’s processes.
“Some companies make the customer dream, in others customer service is routine, and some treat the clients as to never see them return…”.
Knowing what you are doing and what you are missing to satisfy your customers is crucial for your company’s health.
Ricardo Yohalmo León, MBA from INCAE, proposes in his blog in Laprensagrafica.com a simple exercise to assess customer service practices in your company. It consists of answering 10 yes or no questions; the more positive answers, the better.