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Billion Dollar Bosses: Brightstar, Electrolux and Brinks chiefs share secrets, strategies
Here’s the kind of challenge that billion-dollar bosses face: You’re selling cellphones for $1 per day in developing nations where there are no credit reports on the low-income customers you serve. How do you know who’s most likely to pay, so that you can tap one of the world’s largest markets? Marcelo Claure, founder and…
Read MoreMedia in the Americas: What’s now, what’s next
Years ago, a movie that debuted in the United States could take six months to a year to reach Latin American theaters. Today, films often premiere in key U.S. and Latin American cities the same week. That’s just one example of the quickening pace of change in the media landscape in Latin America, panelists said…
Read MoreEdelman Trust Barometer: Building trust in Latin America and beyond
Latin Americans trust business far more than they trust government. For news, they increasingly trust search engines like Google and their own selection from that search – more so than they trust traditional media. Those were two insights from the Latin American portion of the 2014 Edelman Trust Barometer study presented March 25 at WorldCity’s Global…
Read MoreCrisis management: Plan in advance
The best way to handle a crisis in your business is to prepare for it in advance. It’s easier than you think. If you’re in the creative field, you know what the threats are, such as patent infringement. Or if you are in logistics, you know that bad weather, a workers’ strike or street protests…
Read More2014 economic outlook: Moderate growth, but questions on China, commodities, interest rates
::cck::11174::/cck:: 2014 likely will be a year of moderate recovery in the world economy, but big questions loom: How much will China’s growth slow and its debt burden pinch? And how much will China’s slowdown stunt prices for metals and other basics, cutting revenue for commodity-driven Latin America? Those were among points raised during the annual economic…
Read MoreHealth care in Latin America: Novartis, OPKO, others share trends
::cck::7639::/cck:: Here’s one way to cut health care expenses in the United States: Send patients to top hospitals in Latin America, where costs are lower and innovative procedures often are available faster anyway. “To get a product to market here in the United States can take 10 to 15 years,” said Mike Carricarte Sr,.…
Read MoreEnergy Summit: Ways to cut energy costs in Latin America
If your electric bill were suddenly to triple, imagine how that would change your life, how you’d need to shift spending on everything from food to entertainment to transportation. Many people in Latin America now spend triple or more on electricity compared to the costs in the United States: up to 55 cents per kilowatt…
Read MoreBrazil: Opportunities abound, plus high labor costs, taxes and other challenges
Here’s how fast Brazil’s economy has been growing in recent years: So many people have joined the middle class and now buy private health insurance that there’s not enough private hospitals or doctors to treat them all. Unemployment is so low and professionals so needed nationwide that skilled personnel are now being imported from Portugal,…
Read MoreMillennials: Ways to best meld generations at the workplace
They’re tomorrow’s leaders but often misunderstood and underappreciated in the workplace today. Generation Y, the Millennials born after 1980, are often perceived as the “me” generation, folks with a sense of entitlement, tied to their computers or mobile devices and more loyal to friends than work. But put yourself in Millennial shoes: Your defining moments…
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