How to better collect, analyze and act on data: McCann’s Carlos Gutierrez

In today’s digital age, companies must use data to measure and grow their businesses and also, disrupt them. How to do that was the focus of WorldCity’s CEO Club on Feb. 3, 2017, led by Carlos E. Gutierrez, Miami CEO and Chief Growth Officer for Latin America at ad agency McCann Worldgroup. “Disruption is prevalent.…

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E-Commerce in Latin America: Opportunities and Challenges

Latin America has tremendous potential for e-commerce but must overcome hurdles ranging from limited use of credit cards to a lack of online presence for many small businesses. Those were some highlights from a discussion at WorldCity’s CEO Club led by Paul Tessy, CEO for DHL’s e-commerce division for Latin America & Canada, held Dec.…

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Medtronic forges a new path in Latin America

The tough times every company eventually faces can be met with retrenchment, or, said Hugo F. Villegas, president of Latin America for Medtronic, seen as an opportunity to find new markets, attract talent and position itself for when the clouds clear. That is the approach medical device maker Medtronic has pursued in the last year-and-a-half…

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Innovation: The great idea is just the start

Whirlpool is a well-known and trusted appliance brand, a company in business for more than a century, and it’s associated with gleaming refrigerators, polished stoves and above all, washing machines. So what do innovation and disruption mean to such a mature business, which provides products people will still need in any foreseeable scenario? Quite a…

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Risk in the Modern World: from snap judgments to competition

“What keeps you up at night?” Ken Roberts, WorldCity CEO asked a group of top multinational executives and company directors in advance of a round table discussion lead by Alejandro Marmorek, chief commercial officer at Aon Risk Solutions, Latin America Division. That question hit home with participants at the WorldCity CEO Club event, “Identifying Risk…

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Duty free: Beyond shopping, a niche indicator

Duty free shopping is a fun part of international travel. After all, where else can you stock up on top liquor brands, pricey perfumes and fancy cigars shorn of their tax and customs charges? But duty free companies are a lot more than fun, said Rene Riedi, regional COO for Region 2 of the Dufry…

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A fraud-fighting primer from Kroll’s Jim Faulkner

It’s a problem companies endure across the world, from New York to São Paulo – corruption, bribery, theft and fraud. The biggest, baddest non-governmental cop on that beat might be Kroll, the well-known risk mitigation firm. To Jim Faulkner, managing director with Kroll’s Investigations and Disputes Group and head of the firm’s Miami office, understanding…

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Credit risk in Latin America: Currency devaluations and other challenges

Growing instability in Brazil. A drop in oil prices. Reduced demand for commodities from China: Calculating credit risk in Latin America means analyzing these kinds of shifts along with other economic and financial data.   Antonio Bejarano, who runs the Miami Agency of Banco Internacional de Costa Rica S.A. (BICSA), explained how credit risk works at WorldCity’s…

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Selling pharmaceuticals in Latin America: Johnson & Johnson’s view

Despite challenges from red tape to patent infringement, Latin America offers good opportunities to boost sales of pharmaceuticals, and Johnson & Johnson is committed to the region “for the long term.” That was the word from Antonio Ferreira, Johnson & Johnson’s International Vice President for Janssen Latin America, at WorldCity’s CEO Club meeting held Feb. 5, 2016, in Coral Gables.…

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