Tag: finance-economics

Doing Business in Mexico When you have the opportunity to work with different departments of a company, the opinions that employees give about the company’s strengths and weaknesses tend to be fairly similar. If the company is bureaucratic or less innovative than the competition, most employees will recognize that. So agreement tends to exist in […]

Doing Business in Mexico In the 1980s, many companies in the United States, aware that their employees’ personal problems were affecting their performance, began to create Employee Assistance Programs (EAP) to help workers deal with their problems. The appearance of these programs was certainly a challenge to the prevailing thinking of the times, and certainly […]

Doing Business in Mexico I recently attended a two-day seminar about the strategies Mexican companies should follow in order to compete successfully in a globalized economy. Economic globalization is creating new and stiffer competition for Mexican firms, as the country’s borders open more and more to imports and direct investment. On the other hand, globalization […]

Doing Business in Mexico In my experience as a cross-cultural consultant, the issue that seems to most bother non-Mexican businesspeople about their Mexican counterparts is their apparent lack of frankness in dealing with conflict. Depending on how they take it, this apparent difficulty in dealing directly with conflict is interpreted as insincerity or insecurity. This […]

Doing Business in Mexico Is culture shock, as experienced by many ex-pats and their families, a psychological or a cultural issue? I was recently involved in a discussion group where this issue was debated. All of us agreed that being a foreigner, at first, is usually associated with a variety of strong emotions, often reflected […]

Doing Business in Mexico Making teams more productive is a constant issue for most managers. Productivity is, of course, the essence of what makes businesses competitive, but it is particularly important in times of economic slowdown such as the one we are currently experiencing. A common pitfall seen in business organizations is the confusion between […]

Doing Business in Mexico Business people in Mexico will tell you, as most business people will, that business meals are important rituals considered well-spent perks, since often business people work long hours and are away from their families much too often. “It’s the least I should get when I travel,” one of those well-suited managers […]

Doing Business in Mexico It has been said by many non-Mexicans such as Americans, Germans, French, among many others, that Mexicans are much too touchy: They don’t seem to handle criticism very well, and are too easily hurt. Stated bluntly, too touchy. It is interesting to note that within many cultures, people often say the […]