Casanova is also a former awardee of the Fulbright Scholar Program. She is also a consultant at the Inter-Development Bank. Casanova with Anne Miroux wrote the forthcoming Emerging Multinationals coming of age. Casanova with P. Hertenstein and B. Hobdari edited the book New Wine in Old Bottles? This book is available in English. Casanova has published numerous reports, case studies, chapters in books and articles in journals including Beijing Business Review , International Journal of Human Resource Management , Business and Politics, and Foreign Affairs Latinoamerica.
She also regularly writes opinion columns in the Latin Trade magazine. From Wikipedia, the free encyclopedia. Lourdes Casanova. Retrieved 7 April Esglobal in Spanish. Archived from the original on April 19, Retrieved April 19, Network of Interdisciplinary Research in Family Firms.
Lourdes Casanova". International Political Economy Series.
Palgrave Macmillan. The best of Latin American companies have not problems in attracting and retaining talent. Cemex , for instance, had a program for training their future leaders.
I was the director of the program for two years. These programs were for training and, at the same time, the springboard for a promotion with the company. It was both for learning and motivating. GiuseppinaRusso: What makes Latin companies different from companies in other emergent regions i. South East Asia? Will these companies survive in the long run? Latin American companies have the ability to navigate through turbulent waters. The region has been very volatile and they have been able to survive.source
This has made their executives very flexible and able to adjust to different situations. At InBEv and so many other multinationals for instance Brazilian managers are very much appreciated because of these characteristics. As I describe in my book: Casanova, L. Global Latinas. Emerging Multinationals from Latin America. Palgrave Macmillan. Petrobras , the largest company in Latin America by market capitalization and the 8th biggest oil exploring company worldwide, is one of them. Petrobras is a world leader in deep water oil exploration.
GiuseppinaRusso: Do you think Latin American managers could be valuable in other parts of the world? Latin American managers are very valuable managers in multinationals all over the world.
- Lourdes Casanova: Global Latinas Are Standard for Excellence.
- Lourdes Casanova – Global and International Studies;
- “Global Latinas: Latin America’s emerging multinationals” | Giuseppina Russo's Blog;
GiuseppinaRusso: You explained how Global Latinas have been successful at catering to low-income and price-sensitive consumers; is this a competitive and sustainable advantage for the future? Growth is in emerging markets and emerging markets share one characteristic: they have a wide segment of the population with low purchasing power. I would add that many customers in the western world are becoming price sensitive in these times of crisis and this competitive advantage of Aje Group and many other emerging multinationals is becoming key for companies all over the world to survive.
GiuseppinaRusso: What are the firm-specific factors that are leading the global expansion of Latin American firms? They also wanted to have access to cheaper financing.
Financing has been and still is quite expensive in latin America. Cemex, for instance, acquired two Spanish companies in and has always used Spain as the subsidiary to finance their international expansion. The founders of the Latin American companies had the vision to contribute to the development of their countries. They wanted to bring the latest technology to the region. This spirit was, somehow, lost in the 80s and the 90s when local companies had a hard time to survive during the economic crisis and extreme hiperinflation and volatility.
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I would argue that the companies have to recover the spirit of the founders again and have a compromise with society. I thank Lourdes for sharing her findings on how Latin A,erican corporations have gone from local to global. You are commenting using your WordPress. You are commenting using your Google account.
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Internationalization of Family-Owned Multinationals
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