Management in Latin America: Where Are the Problems?

Abstract

Evidently, the entrepreneurial structure in Latin America is very heterogeneous. In a general manner, in all of the countries, most of the more dynamic sectors are commanded by foreign companies whose organizational format and style of management correspond to the standard of each matrix. This is not the type of company we are referring to in this book, neither the state-owned companies, especially because these are constituted as a race in accelerated extinction on the continent. Our biggest concern is the private companies with local capital, as these today lack important corrections in their management models. Obviously, there exist honorable exceptions, and it is very difficult and reckless to generalize. Nonetheless, some problems and deficiencies are repeated in such a way that is concerning, as we will see below.