By: M. Felisa Latorre
Department of Administration
ITAM
In 2013, the Organization for Economic Cooperation and Development (OECD) projects that growth in Mexico’s gross domestic product in 2013 will accelerate to 3.8%. This pace of growth implies a challenge and an opportunity for Mexican companies. In this context of expansion, organizations can grow their business and increase their revenues; but they must compete in a changing, turbulence and globalized market.
By: Francisco J. Fernández
A crisis raises striking and often contradictory scenarios. Fast food chains rack up increasing profits while long-standing prestigious restaurants are forced to close. Low-cost carriers run solidly in the black while traditional airlines struggle to re-invent themselves and barely skirt the red. But the inappropriately named luxury sector has seen double-digit growth in recent years, in segments as diverse as cars, retailing and real estate.
Talent and Compensation Strategy
Compensation management practices most widely used among the mid-sized and large companies of Mexico have been imported by subsidiaries of major multinational firms and adopted by Mexican organizations, on the assumption that these constitute best business practices.
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