New technologies and big data are increasing the demand for skills, including digital skills and high-level cognitive skills. Caribbean private sector can influence the types of skills it needs from its workforce and play an active role in increasing productivity and competitiveness in the region - and globally. … [Read more...] about The Caribbean: A Private Sector’s Challenge to Increasing Productivity and Growth – Part I
The most prevalent ownership model in the Latin America and the Caribbean region is, by far, the family-owned firm. By formalizing the different roles of its members, family-owned firms can greatly enhance their sustainability and performance. … [Read more...] about How to Introduce Corporate Governance into Family-Owned Firms?
It's not just about educational improvements and opportunities. One of the greatest challenges of our region is to involve more millennial women in socially responsible financial decisions. … [Read more...] about Millennial women: How to get them to make better financial decisions?
Good news for companies and financial institutions interested in tapping into new markets: Peruvians who live at the base of the pyramid (BoP) spent 160 percent more on information and communications technologies (ICT) in 2013 than in 2000 –from US$20 per capita per year to US$52. Currently, four out of ten BoP heads of households use the internet. More than half of them are … [Read more...] about Technology to access an unexplored market in Peru
These days reducing production costs to increase competitiveness is a must. In a report titled Climate Solutions, the World Wildlife Fund notes that the world could cut energy consumption 40 percent by 2050 through improving energy efficiency and energy conservation. But when looking for alternatives that don't sacrifice the quality of raw materials, not many entrepreneurs … [Read more...] about The best of 2015: How to reduce energy costs and become more competitive