Mexico's financial services get web-savvy
The year is 2005 and you've just dropped by your local McDonald's for the usual snack; one large soft drink and medium fries. The queue is moving slowly, giving you enough time to check your savings-ac...
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Between the lines: Writing business reports in Mexico
When I ask managers what they hate most about their jobs, writing and reading reports is usually on the top of their lists. Managers who have to write reports are often inadequately prepared: They were...
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Lloyd Mexico Economic Report - September 2000
Table of Contents
CONSUMERS SPEND, SPEND, SPEND...
MONETARY REGULATION BONDS
TEQUILA INDUSTRY STUMBLES
...
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Nothing personal: Diplomacy when doing business in Mexico
Perhaps the single largest cultural gap between Latin Americans and North Americans in the realm of business practices is the "personal" dimension. As I have explained in earlier articles, Latin Americ...
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Lloyd Mexico Economic Report - June 2000
CONTENTS:
SUCCESSFUL FIRST QUARTER
PRESIDENTIAL ELECTIONS
THE BIG MAC INDEX
BORDER BRIDGE SUCCESS
WIRELESS LOCAL TELEPHONES
SALES OF NEW VEHICLES UP
STRONG CEMENT M...
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Lloyd Mexico Economic Report - October 2000
Table of Contents
THE STATE OF THE NATION
UPGRADING OIL REFINERIES
MORE HYDRO-POWER
THE STATE OF THE NATION
...
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Monterrey: In Mexico, the North Star shines
Fortune magazine recently voted Monterrey, capital of the northern state of Nuevo León, as the best city in Latin America in which to do business. A brief look at the statistics for Nuevo León gives ...
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Creative thinking when doing business in Mexico
There is no doubt that being a manager today is a different and more demanding challenge than it has been in the past. The much-talked-about globalization of business operations has forced managers to ...
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Standard procedure when doing business in Mexico?
In the early part of the 20th Century, American industrial engineer Fredrick Taylor revolutionized management practices through his famous concept of Scientific Management. His basic premise was that f...
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Under scrutiny: Job interviews in Mexico
The experience of going through a job interview is, for most people, exhausting and stressful. You seek advice from others, read books about it, and prepare yourself to talk and behave in ways that fee...
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Working from home: Is it viable in Mexico?
More and more people are holding jobs that do not require commuting. Various positions in the publishing industry, such as writers, for example, do their work at home (or wherever they wish) and simply...
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Lloyd Mexico Economic Report - April 2000
INVESTMENT GRADE GRANTED
Mexico has been awarded investment grade by U.S.-based Moody's Investors Services. Moody's raised the long-term foreign currency rating on Mexican sovereig...
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Mexico's water woes
Dr. Leopoldo Rodarte Ramón, general director of the Federal District Water Commission, has a tough job. He is responsible for supplying an ever-growing population with water, draining thousands of ton...
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Laying off personnel in a Mexico business: Ready, aim, fire!
You must have all heard or read about it by now: The Coca-Cola company has announced it will "reduce" its payroll by 7,000 employees. Profits were not as good as expected, and it is time to tighten the...
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Successful expansion in a more efficient Port of Veracruz
The privatization of the facilities of the port of Veracruz in 1996 and open competition for market share between the country's main operators, have led to significant improvements in the port's overal...
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Risky business? A lot depends on your cultural viewpoint
As many of you know, there are a number of ways to approach risk analysis, but the dominant model in most MBA programs falls under the category of “rational” models. In these models, risk analysis ...
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Marketing a la Mexicana
I recently spent ten days in California working with one of my clients to develop marketing strategies that would reach the increasingly important Mexican (and overall Hispanic) market of this importan...
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Foreign interest in Mexico
Weirdos welcome: A Mexico workforce that encompasses a variety of cultures, work styles and ideas
I have argued before that discrimination in the workplace is not only ethically wrong, but inefficient for the organization, since great candidates are often not considered for hiring. More specificall...
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Lloyd Mexico Economic Report - February 1999
Back Issues:
1999 - January
1998 - January - March - April - May - June - July - August - September - October - ...
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Lloyd Mexico Economic Report - November 1999
CONTENTS:
SEVERE FLOODS ALONG GULF COAST
COFFEE HARVEST
LOWER TRADE DEFICIT
BILLION-DOLLAR COPPER DEAL?
INFLATION CONTINUES DOWNWARD
BASF CONTINUES TO EXPAND
MAKE-O...
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When in Rome... Mexican greeting practices in the business world
It is surprising how different norms on the proper greeting method in the business world affect people so strongly. This is especially true when we contrast U.S. and Mexican preferences. Some people wi...
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What's happening with the peso?
Brazil's forced devaluation of the real in January, sent the peso plummeting from 9.87 pesos per US$1 to 10.25 pesos in just one week. In previous attacks on the currency in some emerging market countr...
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Increasing equity in Mexico: Discrimination in the world of international business
Discrimination is an important moral concern for all of us.
In the business world, the issue of discrimination goes beyond moral grounds. Although businesses’ main concern is profits, discrimination...
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Pulling together: Cross national teamwork promises greater efficiency for doing business in Mexico
These days it seems every company is adopting a team approach to doing business. While the concept is relatively new in the Western world, it is an old practice in Japan. But team-building, which requi...
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