Staying in their posts for more than one term of office generally means that good leaders of state institutions produce good results.
Jose Napoleon Duarte has served as Minister of Tourism for El Salvador since June 1, 2009, appointed by President Mauricio Funes, and in 2014 was confirmed into office by the current president. During his mandate El Salvador received the first time more than $1 billion from the tourism sector.
Stories about companies who were once prosperous and now no longer exist can help us avoid making mistakes in our own companies which may lead to their demise.
Lack of leadership and not adapting to change are the main reasons that many companies fail.
Ana Cristina Sandoval in her article in Elfinancierocr.com reviews several companies which have now disappeared from Costa Rica and writes about her interview with Federico Chavarria, consulting partner with Deloitte on the subject.
The lasting success of a company requires that its leaders not only pay attention to the results, but also how those results are achieved.
An article by Dr. John C. Ickis in Elnuevodiario.com.ni looks at the topic, focusing on the essential requirement to build a corporate culture based on "how" things are done in order to achieve good results.
Dr. Ickis points to the influence of the pioneers in this subject:
Great business owners become great based on their actions. Intentions are meaningless. Words are important. Results are everything.
Consistently accomplish these five functions and you, your company -- and most importantly your employees -- all reap the benefits. Fail at these five functions and no matter how hard you work, you and your business will eventually fall short. argues Jeff Haden in Money Watch on cbsnews.com.
Success is not a destination but a journey without end, which requires a positive attitude, team playing mentality, a mindset for continuous improvement and responsible outlook.
With over 20 years of experience as an executive of IBM, in the ever turbulent business environments of Latin America, the engineer Enrique Baliño says the success is not a destination but a journey without end, and that successful people have to develop four key attitudes: positivity, team playing, continuous improvement and accountability.
The ability to recover from a failure is essential in order to be successful. But what if you have never failed?
Suzanne Lucas, on her blog at Bnet.com, discusses how new generations of graduates are too used to being successful, to finding things easy, which can lead them potentially to collapse when things get out of their comfort zone.
People who only know success simply lack the skills to deal with failure or complicated situations.
We can be better leaders if we understand that unconsciously, as humans we will always seek to increase our status in society.
This need has existed since prehistoric times. According to researcher David Rock, from the time that humans started living together in groups, increasing their status has been as important as getting food.
Modern research has identified a chemical relationship between increases or decreases in status and our neuronal network. When status increases, so do the levels of neurotransmitters associated with pleasure and positive emotions, and stress-related ones are reduced, augmenting our feeling of security and strength.
The International Banking Institute (IBI) in Panama is aimed at training professionals in banking for Latin America.
Panama seeks to become the education hub for the region's banks, where bankers from across Latin America could come to specialize in administration and management of a bank and expand their knowledge in recent finance programs and other related branches.