A company can make no mistakes at all, but if its strategy and way of thinking are not able to adapt quickly to changes in the environment, it will inevitably disappear.
EDITORIAL
Nokia's CEO said: "We didnt do anything wrong, but somehow, we lost"
Nokia was the shrimp that was ahead of the pack... but it has become the best example of the old latin adage "a shrimp that falls asleep, gets carried away by the current." The failure of the technology giant was not due to technical mistakes made by company leaders, but the inability and perhaps unwillingness to change and understand that the environment they had to compete in had changed.
When businesses reach key moments that will determine whether they succeed or fail, those who are going to intervene must have the necessary skills.
As Alexander Aguilar exemplifies in his article on Elfinancierocr.com, every company should have clearly identified from among its colleagues who will take the "penalty shot" in order to score a goal in decisive moments.
The increasing speed and ease of direct access to the information needed for decision-making, is drastically reducing the number of middle managers who used to be hired to provide them.
In companies of the last century when a sales manager needed information about last year's sales in order to take a relevant decision, he or she had to contact their assistant manager, who was responsible for collecting information and presenting it to the director. Nowadays, the direct and easy access to all information concerning day-to-day business allows the same director to touch a screen, get the information and make the decision, reducing costs and saving time.
Companies recognize how important managing a growing international and mobile workforce is for the future of their businesses, but they do not know how to do it.
Companies do not have an appropriate strategy to deal with the transformation that is happening the way of working in the world -from the convergence of five generations to operations spread across the planet- which will lead to a crisis in management, attraction and retention of talent, concludes the Workforce 2020 study, prepared by Oxford Economics and SAP.
The dental products company Align Technology will expand its operations in Costa Rica with a organizational services center
As part of a restructuring program, the company will create an organizational services center that will consolidate customer services, accounts receivables, credits and charges, and other operations.
IN Costa Rica the company is operating since 2002, employing 670 dental technicians and support personnel.
Yesterday Citi announced changes in its regional organization that will affect the integration process with Cuscatlán and Banco Uno.
Eduardo del Rincón, currently CEO of Grupo Financiero Uno, will become the new Central American Director of Citi. He will be responsible for the successful integration of the three banks (Banco Cuscatlán, Grupo Financiero Uno and Citi), and will be in charge of the Central American credit card operations.
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...