Working in a developing market, or even a less-developed frontier market, is to say the least a challenge. Yes the growth potential is there, but often an established rule of law isn’t. You have your goals set by headquarters far away, and a team in place on the ground that doesn’t comprehend what you’re talking about. And it isn’t always just a matter of language. How to manage?
One such market is Argentina — just now emerging from economic isolation resulting from the biggest government default in history and twenty years of a far left government utterly disengaged from market forces. And one company that has weathered the economic tides and created a firm economic foundation since the 1950s is... (Read More)
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