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The opening to change

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"Openness to change, to innovation and to creativity requires, of course, to listen to diverse opinions." Corporate governance is an increasingly important issue for large corporations and “PYMES” alike. It is not only to promote the institutionalization of companies to ensure the permanence of the business but to have agencies (such as the board of directors) to help make more effective decisions: objective, collegiate, built on collaboration from different points of view. A smarter decision-making process becomes crucial today when the market and the economy evolve at rates never before seen. To talk about corporate governance under this perspective, we spoke with an expert, Mr. José Miguel Zozayacorrea-Kuri, and this was what he shared with us. When talking about mergers and acquisitions, it is usually assumed that foreign companies enter the country only to appropriate brands, taking control of national companies. What opinion do you have regarding this aversion?...

Status update from Jalisco: NAFTA Talks and Mexican Elections Causing Volatility

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It has become public knowledge that 2018 will bring about an atypical and historically unusual environment for Mexico and the state of Jalisco, created by a mix of political and economic headwinds that will very likely alter the face of business. NAFTA Woes Continue There are a number of elements that will play a part in these changes, the first being the US choices that will impact negotiations for a new North American Free Trade Agreement (NAFTA), given the need for it to be ratified by the US Senate. The negotiation of a new NAFTA is far from simple, and has been mired by complexity in almost all its negotiation rounds as all players hold extremely divergent points of view. Couple that with the doubts that Trump still faces within his own party and from the American people over his management of the Administration, and things become more surprising and unpredictable. Exactly how changes to NAFTA will affect Jalisco and foreign trade in Mexico is still unknown, but the envi...