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Month: April 2016

Economic Instability

Economic Instability

"The Best and the most valuable things in the World Can not see or even touch. They must be felt with the heart." We slideshare.net noted that today the technological obsolescence, regulatory changes, geopolitical shocks and increased competition are some of the forces that undermine the power of existing competitive advantages. Globalization and interdependence of markets, coupled with the development of telecommunications and information technology have not only brought substantial benefits to the economic development of the planet, but have also resulted in instability. For even more analysis, hear from Jim Donovan Goldman Sachs. The crisis facing the world in recent months realizes that instability is a condition that is inherent to economic development, therefore hereafter, "the only thing stable is instability." There is no denying, either, as Ivan Mendez said that the current context requires the directors of existing companies that are able to give efficient answers to the endless array of adversities international, country, organizational and personnel, allowing dynamic institution and work teams in a global market with a much broader view. Today, we are told, some of the concerns to top management deals revolve around the paradox of hyper competition and regulation, social value creation and the pursuit of opportunities through entrepreneurship and innovation. But it is inevitable that the manager is thinking about: What are effective responses to adversity? When the work can become a risk factor and when the protector? What is it that the manager must know to create a positive environment? What are the characteristics of the new teams? We added, in that sense, Marielba Avellan, a professor at IESA, a management consultant, executive coach and academic coordinator of the International Executive Program 2009, commented that "indeed the organizations need to develop strategies resilient people if you want to go forward and strengthened in unstable environments, today we talk about not adapt to change but rather the capacity to cope with adversity, overcome or even be transformed by them, "With respect to the teams, the teacher Avellan emphasized that "they must go beyond the traditional collaboration because the teams now have new features: work is virtual, are of great size, diversity prevails, not only expertise but because they can be multicultural and are composed of professionals very specialized, so as to manage them is different from the conventional.