Boletin Electrónico Octubre-Noviembre 2010
Es grato compartir con ustedes nuestro boletin de oct-nov de 2010.
Boletín MGPG Junio-Julio 2010
Nos es grato compartir la primera edición del boletín electrónico del Magíster en Gestión para la Globalización.
Sansano cuenta experiencia de Beca Minera Escondida
Estudios Globalizados:
Beca Minera Escondida, abre posibilidades a cientos de estudiantes en el extranjero.
El Programa tiene por objetivo contribuir a abordar los desafíos de capital humano y social que enfrenta Chile en esta etapa de su desarrollo, con la formación de jóvenes profesionales, en condiciones de desempeñarse eficazmente en la empresa globalizada.
Con la idea de potenciar a los alumnos que obtengan un buen desempeño en la enseñanza media y en el trascurso de la universidad, se presenta esta viable opción de estudiar en el extranjero. Se trata de la beca para el "Magister en Gestión para La Globalización" que organiza la carrera de Ingeniera industrial de la Universidad de Chile, financiada por BHP Billiton, vía su beca Minera Escondida. Cincuenta son los cupos que consideran pasajes, dinero mensual, aranceles, matriculas y seguros médicos. En relación a los destinos la beca ofrece la opción de estudiar en Estados Unidos, Australia e Inglaterra además se considera en el programa un viaje de estudio por China, India y Australia. La duración de esta atractiva oportunidad es de 19 meses en donde se estudian una serie de contenidos en el extranjero y los últimos meses en nuestro país.Los requisitos para postular son los siguientes:
- Estar entre los 5 primeros lugares de egreso de enseñanza media.
- Promedio igual o mayor a la nota 6 de enseñanza media.
- Estar dentro de los primeros 20 lugares de egreso de la carrera cursada.
- Nota de titulación mayor o igual a 5,5
- Haber obtenido beca de excelencia en enseñanza media o universitaria.
En relación a los beneficios la beca contempla una mantención de $500.000 mensual mientras se estudia en la Universidad de Chile, suma que aumente a $700.000 si el postulante es de regiones. Cuando se realiza el programa en el extranjero la beca contempla nueve meses de una mensualidad de US$1250 a US$1650. Además la beca contempla seguros médicos en territorio nacional y en el extranjero.
La postulaciones se encuentran disponibles a través de la página www.magisterglobalizacion.cl la fecha de tope es el 14 de Febrero.
Danilo Flores, titulado de la carrera de Ingeniería Civil Industrial, Universidad Técnica Federico Santa María logró adjudicarse la beca Minería Escondida obteniendo la posibilidad de acceder a dos títulos: "Magister en Gestión para la Globalización", de la Universidad de Chile y "Master of Science in Business Administration", University of Rochester - Simon Business School, (Rochester, NY, EE.UU.)
Conversamos en entrevista con este destacado Sansano quien nos contó su experiendia y a la vez invito a todos los sansanos a formar parte de esta iniciativa de poder desarrollar se en el extranjero en universidad de alto prestigio internacional.
- ¿Cómo te enteraste de la beca?
Me enteré por un periódico. Simplemente un día mi madre ve la nota en el diario y me llama diciéndome que es una buena oportunidad para mí. Me entusiasmé de inmediato y comencé a gestionar los antecedentes que solicitaban. Básicamente todo certificado que acreditara haber tenido un desempeño académico destacado en la educación media y universitaria.
- ¿Que significó para ti adjudicarte este incentivo?Adjudicarme la beca significó para mi creer en que la meritocracia si puede y debe ser incentivada en nuestro país. Significó una bendición, y a la vez una recompensa a la perseverancia y esfuerzo que puse en mis años de estudio. Significó la oportunidad de viajar por muchas ciudades de Estados Unidos, y conocer culturas de diferentes países en 4 continentes...
Pero lo más importante, significó, desde luego: Una oportunidad realmente única de desarrollo y aprendizaje.
Primero, en términos de crecimiento personal, al permitirme abrir mi mente, y ampliar radicalmente mi visión de los negocios y de la diversidad multicultural, conviviendo y entendiéndome día a día con personas de una multiplicidad de países y culturas. Significó también madurar en mi emocionalidad y aprendizaje personal, y ciertamente avivar mi interés por ampliar mis horizontes culturales, y por seguir desarrollando un perfil cada vez más globalizado.
Y segundo, profesionalmente, significó una gran oportunidad para especializarme en una variedad de ámbitos que, hoy por hoy me ayudan a conformar una visión más amplia de las complejidades y oportunidades que asoman tanto en empresas privadas como en el sector público, y ciertamente también la oportunidad de "calibrar mejor la mira" hacia dónde apuntaré mis próximos pasos profesionales.
Una vez en el programa, me di cuenta que ciertamente el proceso de selección no busca precisamente encontrar a "los super cerebritos" . Todos mis compañeros se caracterizan por tener una rica formación valórica, por ser profesionales integrales, versátiles, con una destacable experiencia laboral, y de una extraordinaria inquietud y ganas por emprender nuevos desafíos ya sea en Chile o en el extranjero.
¿Cuál es la duración del magister?
La beca dura en total 19 meses y exige una dedicación a tiempo completo. Comienza a inicios de Junio con un mes intensivo de Inglés. Además durante este mes se ven materias de nivelación en matemáticas para ingeniería y estadísticas, principalmente diseñadas para los becarios que no son ingenieros. De julio a diciembre, seguimos con una fuerte preparación de inglés, principalmente enfocada en los dos Test de inglés que debemos rendir y que nos exigen las seis universidades extranjeras que son parte del convenio del programa. Éstos son el GMAT, que es un test tipo PAA pero en inglés, con parte verbal, matemáticas y ensayos; y además un test de habilidades de inglés, que puede ser TOEFL o el EILTS, según la región a la que estés postulando. En Estados Unidos las escuelas de negocio piden el TOEFL; en Inglaterra y Australia, las escuelas de negocio piden postular con el EILTS.De julio a diciembre también cursamos las asignaturas "core" del programa, las que se estructuran en un formato de bimestres.Finalmente, una vez cursado los test de selección de las escuelas de negocio internacionales (GMAT, TOEFL o EILTS), se escoge un rumbo, una de 6 escuelas de negocio internacionales, todas rankeadas entre las top 100 universidades a nivel mundial. Este período tiene una duración de 8 meses, que van de enero a agosto.
Luego de ello, en Septiembre se inicia un study tour, de un mes, donde todos los becados se reúnen en Melbourne, Australia, para iniciar un recorrido que pasa por Australia, China e India, visitando empresas de servicio, fábricas, participando en cátedras en prestigiosas escuelas de negocios, y por supuesto también realizando actividades complementarias de carácter cultural y turísticas.
Los últimos 3 meses del Magíster se realizan en Chile. De octubre a diciembre tenemos 3 asignaturas más, y además de ello pasamos por un ciclo de integración y síntesis final que culmina con nuestra tesis de grado para obtener el grado de "Magister en Gestión para la Globalización"
- ¿Cómo ha sido tu experiencia en este magíster?
Ha sido extraordinaria desde todo punto de vista, comenzando por señalar la potente red de contactos que te formas entre tus compañeros y amigos en la beca, como también aquella que uno es capaz de formarse a nivel internacional en los 9 meses que pasas fuera de Chile. La calidad y diversidad de personas y profesionales que logra convocar esta beca es algo que no he visto en organización alguna. Ingenieros, médicos, arquitectos, sicólogos, periodistas, agrónomos, etc. Todos ellos compañeros que terminan siendo amigos y que hacen que la red social que se genera sea mucho más fuerte y sustentable en el largo plazo. Ello, como ya decía, sin contar todo el networking que es posible crear desde el extranjero.
La verdad estoy muy contento. Me llevo de esta beca-magíster no sólo conocimientos y habilidades sólidas en management, sino que además una rica red social y fuertes lazos de amistad.
- ¿Cuáles son las principales fortalezas, que a tu juicio te ofrece el programa para enfrentar el mundo laboral?
En lo personal, la seguridad de sentirse un profesional "globalizado", en términos de una mayor capacidad para internacionalizarse y desenvolverse en cualquier país y cultura empresarial, con la fluidez y tranquilidad que da el haber convivido y estado expuesto a la cotidianeidad de otros países de habla inglesa.
La versatilidad y la capacidad de comunicación y adaptación. No en vano, el símbolo del magíster es un delfín. Y finalmente la perspectiva global, el pensar y actuar globalmente, enfrentando las oportunidades y problemas con una mirada sistémica y en comprensión de las tendencias globales y de los contextos en las que dichas oportunidades se evalúan.
La versatilidad y la capacidad de comunicación y adaptación. No en vano, el símbolo del magíster es un delfín. Y finalmente la perspectiva global, el pensar y actuar globalmente, enfrentando las oportunidades y problemas con una mirada sistémica y en comprensión de las tendencias globales y de los contextos en las que dichas oportunidades se evalúan.
- ¿Cuál es el mensaje que puedes otorgar a tus pares para motivarlos y que de esta forma postulen a dicha beca?
Si están pensando en una oportunidad para abrirte paso entre los senderos de una economía cada vez más globalizada; si realmente quieres desarrollar un perfil profesional internacional, potenciando tus capacidades de inglés, y más en general, tus capacidades para internacionalizar tu carrera profesional; si quieres ampliar tu mente y horizontes culturales....y ser no solo "open mind", sino que también "growth mind", es decir de mentalidad abierta y pero además mentalidad de crecimiento, esta beca es sin lugar a dudas una oportunidad que no puedes dejar pasar.
Atrévete a postular, visita la página www.magisterglobalizacion.cl y apúrate en conseguir la documentación que requieres . El plazo es hasta el 14 de febrero.
MGPG: La Experiencia de Álvaro Venegas
Estaba con la inquietud de dar un giro a mi carrera profesional y de expandir mis horizontes tanto laborales como personales cuando me encontré, casi por casualidad, con el MGPG, y decidí sin mucho meditarlo postular. Me motivó el incorporarme a un grupo multidisciplinario donde existiese no solo variedad de conocimientos y experiencias profesionales, sino también diferentes experiencias de vida y maneras de ver el mundo. Y una vez ya seleccionado me percaté que iniciaba un período de mi vida vertiginosa y alucinante, repleta de experiencias que van mucho más allá de lo que jamás imaginé.
Me encontré con un grupo humano que me sorprendió tanto por su capacidad intelectual como por la generosidad y alegría que ponían en cada una de las actividades, capaces de soñar y poner lo mejor de sí generando lazos que de seguro perdurarán en el tiempo. Y esos lazos fueron fundamentales en el momento de partir e instalarse en una nueva realidad, como fue en mi caso llegar a la ciudad de Brisbane, Australia, a estudiar a la University of Queensland. Fueron meses de vivencias únicas, en una sociedad multicultural y tolerante, donde compartía estudios y vida con personas venidas de todos los confines del mundo, personas de las cuales aprendí grandes lecciones. Poco a poco, nombres de lugares que me sonaban antes lejanos y exóticos como China, Tailandia o Singapur se me hicieron más cercanos y familiares.
Resumir en escasas líneas lo gratificante y valioso de la experiencia es tarea difícil. Solo sé que el recorrer los pasillos de UQ escuchando decenas de acentos e idiomas diferentes, el recorrer las impresionantes calles de Shanghai y sus enormes rascacielos, palpar la cultura India con sus luces y sombras, o el tomar una cerveza helada viendo el atardecer en el río Mekong son cosas que difícilmente olvidaré. Y principalmente, el haber compartido 19 meses de mi vida con un grupo de personas sencillamente fantásticas, mis compañeros del MGPG.
¿Si lo recomiendo? Claro que sí, si lo que quieres es expandir tus horizontes, sentirte parte de un mundo cada vez más conectado y diverso, crees en tus capacidades y quieres vivir una gran aventura que te marcará de por vida, el MGPG es tu lugar para ser un profesional global.
Álvaro Venegas
Me encontré con un grupo humano que me sorprendió tanto por su capacidad intelectual como por la generosidad y alegría que ponían en cada una de las actividades, capaces de soñar y poner lo mejor de sí generando lazos que de seguro perdurarán en el tiempo. Y esos lazos fueron fundamentales en el momento de partir e instalarse en una nueva realidad, como fue en mi caso llegar a la ciudad de Brisbane, Australia, a estudiar a la University of Queensland. Fueron meses de vivencias únicas, en una sociedad multicultural y tolerante, donde compartía estudios y vida con personas venidas de todos los confines del mundo, personas de las cuales aprendí grandes lecciones. Poco a poco, nombres de lugares que me sonaban antes lejanos y exóticos como China, Tailandia o Singapur se me hicieron más cercanos y familiares.
¿Si lo recomiendo? Claro que sí, si lo que quieres es expandir tus horizontes, sentirte parte de un mundo cada vez más conectado y diverso, crees en tus capacidades y quieres vivir una gran aventura que te marcará de por vida, el MGPG es tu lugar para ser un profesional global.
Álvaro Venegas
Más que una experiencia, miles!
Pensando en como resumir la experiencia en el Magíster en Gestión para la Globalización, me doy cuenta que es imposible hacerlo en tan solo unas palabras. Para mí son miles de imágenes, de momentos y de aprendizajes; a la memoria se me vienen los viajes: el atardecer sobre el río Mekong, los recorridos en balsa por el delta, las travesías en un avión con hélice (!) por el sudeste asiático... así empezó un año inolvidable viajando gracias al MGPG.Pero como olvidar los primeros días en Chile, llenos de ansiedad y anticipación por conocer a los compañeros, a estos otros cincuenta aventureros que se estaban involucrando en un proyecto sin precedentes en el mundo ¡y sin resultados visibles aún! Todos habíamos dejado una ocupación más segura, la mayor parte de las veces, pero todos andábamos buscando algo nuevo... Todavía no conocíamos a los "delfines" de la primera generación, pero escuchábamos los rumores, veíamos algunas fotos desenfocadas en Facebook, y claro, cómo olvidar esa mítica visita de "Mostro", interrumpiéndo las clases suplementarias de Matemáticas para reforzarnos nuestra convicción: "Váyanse, viajen, y pásenlo bien!".
Yo me tomé su recomendación muy a pecho, debo decir...
Y me fui, viajé, y lo pasé muy, pero muy bien, pero no solamente por las cosas más entretenidas o nuevas que hicimos: disfruté mucho compartiendo con mis compañeros y partners del MGPG, y con mis nuevos amigos en Melbourne, las actividades en la Business School... Visto desde ahora, hasta parece divertido esas noches en que nos quedábamos hasta tarde trabajando con otros alumnos internacionales que a veces no hablaban demasiado bien inglés... las confusiones lingüisticas resultaban hilarantes (a una se le confundieron las "keys" con un "kiss"... pero esa es otra historia), aunque dificultaban el trabajo. Pero aperramos, y nos quedamos, y sacamos los informes, y los "assignments", y todo lo que nos pidieron. Eso también se disfruta: ver que uno puede hacerlo, y hacerlo bien, a pesar de las dificultades.
No me alcanza la pluma para poner todos los otros momentos que se me vienen a la mente cuando me piden hablar del MGPG, pero les puedo apostar a que les va a pasar lo mismo si se atreven ¡y lo experimentan ustedes mismos!
MGPG, en mis palabras (Marcela Flores)
El Magíster en Gestión para la Globalización (MGPG), fue para mi una tremenda oportunidad de cumplir varios sueños:
- Realizar estudios de postgrado en una Universidad extranjera,
- Dar mi primera vuelta al mundo y
- Vincular mis anhelos de viajes con experiencias profesionales de primer nivel.
Para mi no fue fácil entrar, ya que el proceso de selección tiene varias etapas que es necesario cumplir a cabalidad, y la primera vez no quedé.Me armé de ganas nuevamente, postulé de nuevo y quedé seleccionada.
Compartir una nueva etapa con un grupo de profesionales jóvenes interdisciplinarios, de áreas muy diferentes a la mía y provenientes de todo Chile ha sido muy enriquecedor. Muchos de ellos contaban con experiencias laborales y también de experiencia de vida en el extranjero.
Luego, te sumas a una red de profesionales de tu Universidad escogida en el extranjero (Australia, Estados Unidos e Inglaterra) y después, también sumas a tu red a las personas que conoces en las visitas a empresas y universidades consideradas en el Study Tour (Australia, China e India).
Cuando uno decide vivir nuevos desafíos, parte del regalo es no saber si tendrás buenas o malas experiencias, pero siempre ganas TU EXPERIENCIA.
Atrévete y postula!!
Mi Experiencia en el MGPG (Rodrigo Aguilar)
El Magíster en Gestión para la Globalización (MGPG), fue para mi una tremenda experiencia de crecimiento tanto en el ámbito personal como en el profesional. Con el MGPG tuve la oportunidad de cambiar mi visión de mundo al entender, interactuar y conocer diferentes culturas. Todas las escuelas extranjeras a las cuales se puede postular aportan con el desarrollo de un pensamiento estratégico de carácter global. Creo que es posible desarrollar capacidades que, a mi parecer, son claves para el desarrollo del país en el concierto internacional.
La experiencia de estar solo en el extranjero me ayudó a desarrollar cualidades como la tolerancia, el autoconocimiento, fortaleza personal y serenidad para afrontar los desafíos. Cambió y mejoró completamente todas mis perspectivas, desarrolló mis capacidades de emprendimiento y hoy día, cada proyecto que llevo a cabo, tiene el enfoque global que el MGPG me entregó.
Siempre que puedo recomiendo el MGPG ya que entrega conocimientos que son la base para tener una visión estratégica de un país inserto en la globalización. Sin embargo, más importantes para mi son los valores que se obtienen al interactuar con una riquísima red de personas excelentes y muy humanas, de diferentes profesiones y de diferentes regiones del país. El MGPG forma una red muy potente para toda la vida. Si esta red sigue creciendo, creo sin duda que puede generar cosas importantes para el país.Es la mejor oportunidad para entender la globalización con una experiencia in situ y utilizarla en nuestro beneficio para hacer negocios desde y con Chile.
¡No se pierdan la oportunidad de postular!
¡No se pierdan la oportunidad de postular!
Why you must apply for MGPG program?
Hi! I am one of the 2010 dolphins, and I am just about to start my trip. Some of my classmates have already traveled, and their comments make me feel little anxious but confident at the same time. It is great to heard about their new experiences. I feel every day that enter in this program was the best decision ever.
If you are thinking about enter this program, please let me tel you my experience: I have enjoyed 6 months with extraordinary people, and now I have to live with people from diferents cultures outside my country...globalization! That is not just a title of a book, or a subject in a conference...is a live issue, and I hope to discover and understand it by direct contact, not in a spanish-spoken class here in Chile
I also have been thinking about why I enter into this program, and I remembered that before this I want to share with people around the world, study and MBA, stop working for a while and thinking about my future...and to get paid for that! that is not a dream, is what this program means for me...the opportunity of do something that you like. I am skeptical about the MBA or psotgraduate programs developed in Chile, I feel that you have to live overseas to develop your management abilities. Also, I don´t want to be a PhD, and that limits your chances to get a scholarship. Finally, if you try to apply yourself for a MBA in a top university you have to be prepared to face a lot of paperwork and off course yo need lot of money.
Finally, if you think about what you need to apply for this program, it is not a big deal...get scores over 6,0 in high school? come oooooon...this program is for selected people but not russian scientist only!!...there are 50 seats, and around 600 applicants...do the maths, cross your fingers and try it!
at the end, some advices: Get prepared to face tests similar to the PAA (or PSU for youngers applicants), and english tests. Not be in panic with sicological tests, and if oyu are not and engineer, practice your basic maths skills!! (if you are one, practice, too :D
If you are thinking about enter this program, please let me tel you my experience: I have enjoyed 6 months with extraordinary people, and now I have to live with people from diferents cultures outside my country...globalization! That is not just a title of a book, or a subject in a conference...is a live issue, and I hope to discover and understand it by direct contact, not in a spanish-spoken class here in Chile
I also have been thinking about why I enter into this program, and I remembered that before this I want to share with people around the world, study and MBA, stop working for a while and thinking about my future...and to get paid for that! that is not a dream, is what this program means for me...the opportunity of do something that you like. I am skeptical about the MBA or psotgraduate programs developed in Chile, I feel that you have to live overseas to develop your management abilities. Also, I don´t want to be a PhD, and that limits your chances to get a scholarship. Finally, if you try to apply yourself for a MBA in a top university you have to be prepared to face a lot of paperwork and off course yo need lot of money.
Finally, if you think about what you need to apply for this program, it is not a big deal...get scores over 6,0 in high school? come oooooon...this program is for selected people but not russian scientist only!!...there are 50 seats, and around 600 applicants...do the maths, cross your fingers and try it!
at the end, some advices: Get prepared to face tests similar to the PAA (or PSU for youngers applicants), and english tests. Not be in panic with sicological tests, and if oyu are not and engineer, practice your basic maths skills!! (if you are one, practice, too :D
Nominations open cycle 2009
The new process of nomination for the 2009 cycle runs from December 1st 2008 to February 15th 2009. Go now.!!!
Recycling in our faculty!
Currently all of the solid residual generated by the Industrial Engineering School, excepting papers (which are being collected by the library), are disposed in containers which are later moved to the community scrapyard.
Recycling is a very beneficial practice, as it allows us to save energy and natural resources, reducing pollution and volumes of waste. For instance, plastic, whose degradation is very slow, can be recycled, saving oil and energy and diminishing water pollution by not using the chemicals required to produce new plastic.
A project led by a group of students of MGPG and the Industrial Engineering Student centre is about to start. On Monday September 22nd, enthusiastic approval from our authorities was given. The goal is “To increase the environmental awareness of the Industrial Engineering School's students, academics and staff through the implementation of an integral recycling program on solid residual”.
We are currently in the tactic feasibility stage, coordinating the process, getting residual containers and designing our educational campaign.
¿How will it work?
Within the school, containers will be located for the disposal of solid, non-organic residuals such as glass bottles, plastic bottles and cups, cans, plastic bags and non-white paper.
The company “Banco Ambiental” will be in charge of taking those residuals, classifying and compressing them in order to return to both the national and international markets (specially Asia).
We also visited the scrapyard and talked with its supervisor, who explained us his business model, successfully operating for more than 20 years. Currently, a testing program for domestic residual is being carried out.
Finally we leave an open invitation to be a part of this initiative and help us to increase environmental awareness. To illustrate the importance of this, some estimations:
- A person produces a daily average of 1,5 kg of trash
- A family produces a yearly average of 2,5 tons of trash
- Recycling a glass bottle can save the energy required to power a bulb for 4 hours
- Recycling an aluminium can save the energy required to power a television for 3 hours
New Book about Corporate Government
While the first generation of dolphins is studying at different universities around the globe, the second generation of students from the Master in Management for Globalization is revising the latest global trends and paradigms in management through intensive courses.
One of the latest events that occurred in our program was the analysis of a book soon to be published (we are trying to stay at the cutting edge of new knowledge), written by our professor Teodoro Wigodski and Fernando Leffort. The book is titled “Una Mirada al Gobierno Corporativo en Chile” (“A Look at Corporate Governance in Chile”) and addresses four publicly relevant cases of Chilean companies in which the principles of corporate governance were at stake.
Since ENRON and other similar scandals shook the markets, the ethical behavior of directors and managers was put under the microscope. This led to a lot of discussion about the need for regulation to prevent such practices and the way in which business schools were covering such matters in their programs. Furthermore, Teodoro Wigodski himself told us that when he wanted to study these topics in the late 90s, he found only one graduate school that covered such issues. After the ENRON case, almost every prestigious MBA program included corporate governance in their courses.
The book examines the historical cases of Endesa España buying Enersis, the sale of Telefónica Móvil to Telefónica España, the pyramid structure of societies that are behind the Soquimich property and the corporate governance structure of two major Latin-American retail companies, Almacenes Paris and Falabella*. Such cases are used to describe the characteristics of shareholders and tensions among them, as well as those of boards of directors and managers. In addition, they are presented in such a way as to explain how proper practices help reduce such conflicts and what is to be expected from directors and CEOs in terms of professional and ethical behavior.
One of the biggest achievements of the book is that it not only discusses the topic from a theoretical point of view, but also relates ethical practices to monetary results and losses in terms of hurting a company’s reputation.
All in all, in a world where public opinion demands transparency and reputation has become one of the most important assets for companies, taking into consideration the principles of corporate governance is not a matter of choice. It is a matter of survival.
*We are also proud to say that one of our classmates, Pablo Marín, played a role in the research for the retail case, helping the authors by providing them valuable data.
One of the latest events that occurred in our program was the analysis of a book soon to be published (we are trying to stay at the cutting edge of new knowledge), written by our professor Teodoro Wigodski and Fernando Leffort. The book is titled “Una Mirada al Gobierno Corporativo en Chile” (“A Look at Corporate Governance in Chile”) and addresses four publicly relevant cases of Chilean companies in which the principles of corporate governance were at stake.
Since ENRON and other similar scandals shook the markets, the ethical behavior of directors and managers was put under the microscope. This led to a lot of discussion about the need for regulation to prevent such practices and the way in which business schools were covering such matters in their programs. Furthermore, Teodoro Wigodski himself told us that when he wanted to study these topics in the late 90s, he found only one graduate school that covered such issues. After the ENRON case, almost every prestigious MBA program included corporate governance in their courses.
The book examines the historical cases of Endesa España buying Enersis, the sale of Telefónica Móvil to Telefónica España, the pyramid structure of societies that are behind the Soquimich property and the corporate governance structure of two major Latin-American retail companies, Almacenes Paris and Falabella*. Such cases are used to describe the characteristics of shareholders and tensions among them, as well as those of boards of directors and managers. In addition, they are presented in such a way as to explain how proper practices help reduce such conflicts and what is to be expected from directors and CEOs in terms of professional and ethical behavior.
One of the biggest achievements of the book is that it not only discusses the topic from a theoretical point of view, but also relates ethical practices to monetary results and losses in terms of hurting a company’s reputation.
All in all, in a world where public opinion demands transparency and reputation has become one of the most important assets for companies, taking into consideration the principles of corporate governance is not a matter of choice. It is a matter of survival.
*We are also proud to say that one of our classmates, Pablo Marín, played a role in the research for the retail case, helping the authors by providing them valuable data.
Following some footprints: The Celtic Tiger
(Photo by Ken Ridgeway)
Some weeks ago, through Bellavista area in Santiago of Chile, a globalized meeting took place at an Irish Pub.
A welcoming party to my aussie friend was the perfect excuse for a drink, travellers are always prepared for outings. After the brief update of our last months, I told them about my new studies on a Master of Business for Global Economies.
I told them I was learning how small countries have been facing globalization the last decades, and the Irish experience was mentioned as the “Celtic Tiger”, Everybody turned to the irish guy and looked at him for a while, trying to figured out a similarity with such a cat.
“Well, Jerry, How did Irish people do that?”- I asked him seriously, as an open question, never mind the noisy place.
He looked at me, deeply, and asked me back. “Why do you want to know that?”
-“Hmm, Firstly, because of what I’m studying and secondly, because we are "supposed" to be part of the structural innovations in Chile when we finish this multicultural programme. Furthermore, honestly, I can not resist the curiosity about what an Irish guy thinks about the Celtic Tiger concept.
He laughed loudly and explained to me:
“Today, Irish people are not travelling and living abroad as much as we did in the last decades, new generations do not need to do it. Actually, Irish people have got the best European education and the best well-paid jobs in the world. Also, we are constantly observing our roots and coming back home. Our history was written for many European immigrants, that’s the Irish blood, a cultural mix. But as a society, I find out the 3 keys: Education, Roads (Infrastructure) and Incentives for foreign investments. We are focused on things we know how to do well: business, travelling and having fun. Cheers for that!!”
We had a lot of fun that night, but I didn’t really understand the relation of those 3 concepts at all. As always, life replies by mysterious ways, and a book appeared on my hands. “Future Cast: How superpowers, population and globalization will change the way you live and work”, it was written by Robert J. Shapiro and was published in April this year.
Shapiro mentioned Ireland as the biggest success of the last generation. “The Celtic Tiger has been the world’s fastest growing developed economy over the last 15 years. From 1990-1995 it grew nearly 5% a year, from 1995-2000 it accelerated to almost 10% a year and from 2000-2005 it grew about 6% a year, twice as fast as the U.S. more than 3 times the rate for euro zone countries and nearly 4 times as fast as Germany.”
-“Hmm, Firstly, because of what I’m studying and secondly, because we are "supposed" to be part of the structural innovations in Chile when we finish this multicultural programme. Furthermore, honestly, I can not resist the curiosity about what an Irish guy thinks about the Celtic Tiger concept.
He laughed loudly and explained to me:
“Today, Irish people are not travelling and living abroad as much as we did in the last decades, new generations do not need to do it. Actually, Irish people have got the best European education and the best well-paid jobs in the world. Also, we are constantly observing our roots and coming back home. Our history was written for many European immigrants, that’s the Irish blood, a cultural mix. But as a society, I find out the 3 keys: Education, Roads (Infrastructure) and Incentives for foreign investments. We are focused on things we know how to do well: business, travelling and having fun. Cheers for that!!”
We had a lot of fun that night, but I didn’t really understand the relation of those 3 concepts at all. As always, life replies by mysterious ways, and a book appeared on my hands. “Future Cast: How superpowers, population and globalization will change the way you live and work”, it was written by Robert J. Shapiro and was published in April this year.
Shapiro mentioned Ireland as the biggest success of the last generation. “The Celtic Tiger has been the world’s fastest growing developed economy over the last 15 years. From 1990-1995 it grew nearly 5% a year, from 1995-2000 it accelerated to almost 10% a year and from 2000-2005 it grew about 6% a year, twice as fast as the U.S. more than 3 times the rate for euro zone countries and nearly 4 times as fast as Germany.”
About foreign investment, the author mentions that “Ireland depends enormously on it, and much of their earnings which are included in Irish national income, flows back to parent companies in the U.S., U.K. and continental Europe.” I can see why its so criticized!!
“Dublin substantially increased support for higher education and creating the friendly environment for companies that would later employ the demographic bulge, by spending liberally on public infrastructure and offering tax relief and special incentives for foreign investments.”
I see.., Ireland set out to become a producer platform for the european market, focused on High-Tech products that would need highly skilled and well paid labour, especially in computers, pharmaceutical and medical equipment.
Oops! I forgot to ask him on which company he is working at in London, and how often is going to Dublin. Anyway, we promised to have a new meeting for Saint Patrick’s holidays next year.
Who knows? I might dance with the tiger for a while, maybe I will get inspired on how to look into my own roots during my travelling.
Will I?
Cranfield International Business Experience
The IBE it's not just a trip, it's a complete module designed to integrate competencies and skills acquired in pasts courses, as well as to increase awareness of different economic environments, diverse people and unique cultures.
The trip itself consists in eight days in one of the ten foreign destinations prepared this year, visiting companies, having cultural activities and meetings with alumni, and some free time to get a feeling of the people and local culture.
The MGPG Dolphins went to four of these locations, in the middle of June, as you can see in the pictures.
Eduardo, Carola and Ana in Japan.
Sol visited China and Vietnam, the last country as her main destination.
Vero (4th to the right) went to Turkey and United Arab Emirates.
Carmen and Felipe enjoyed Moscow and St. Petersburg in Russia.
The trip itself consists in eight days in one of the ten foreign destinations prepared this year, visiting companies, having cultural activities and meetings with alumni, and some free time to get a feeling of the people and local culture.
The MGPG Dolphins went to four of these locations, in the middle of June, as you can see in the pictures.
Eduardo, Carola and Ana in Japan.
Sol visited China and Vietnam, the last country as her main destination.
Vero (4th to the right) went to Turkey and United Arab Emirates.
Carmen and Felipe enjoyed Moscow and St. Petersburg in Russia.Talking with Juan Claro
Last Friday the 2008 generation of the “Magister en Gestión para la Globalización” went to a workshop with Carlos Vignolo, an expert on innovation and entrepreneurship. We also had the privilege to talk with Juan Claro the former president of SOFOFA; the most important Chilean organization of businessmen. At the beginning of this decade he was responsible for strengthening the relationship between businessmen and the Chilean government.
He addressed important issues such as the current national business environment and the necessary coordination between the private and public sectors to achieve a higher rate of economic growth.
When he addressed the students, he strongly suggested the need for young entrepreneurs to stop playing by established rules and set their own rules in order to innovate and add value to their professional actions.
When he addressed the students, he strongly suggested the need for young entrepreneurs to stop playing by established rules and set their own rules in order to innovate and add value to their professional actions.
Welcome Dolphins
Welcome to all the new Dolphins (2.0, reloaded or whatever)!
As you can expect, the rest of us around the world are struggling with many assignments and the complexities of the life abroad... But surely we all hope that you will enjoy and learn from this experience as much as we are and probably more.
Our best wishes for a new cohort of Dolphins preparing themselves in Chile for tomorrow join with us in a Global World!
Dolphins on local media: La Segunda and La Tercera page 7.
Thanks to La Segunda for the picture, and Alexis and Eduardo for the links.
As you can expect, the rest of us around the world are struggling with many assignments and the complexities of the life abroad... But surely we all hope that you will enjoy and learn from this experience as much as we are and probably more.
Our best wishes for a new cohort of Dolphins preparing themselves in Chile for tomorrow join with us in a Global World!
Dolphins on local media: La Segunda and La Tercera page 7.
Thanks to La Segunda for the picture, and Alexis and Eduardo for the links.
Article about Globalization and Competitiveness
Very interesting article about Globalization.
For the past two decades, global companies entered emerging markets mainly to lower their costs of supplies. Today, their roles are shifting and they are key players in the development of emerging nations. But tomorrow, global companies will have to compete with the homegrown companies and brands that are being born and bred in today’s emerging nations. Emerging markets are becoming emerging powers. Globalization and competitiveness thus evolve in waves. Each successive wave has its own business logic and its own mode of operation. And each wave eventually fades away to be replaced by another.
The first wave of globalization (1985–2000)
In the first wave, Western companies focused on the access to cheap supplies, such as labor, raw materials or logistics (e.g. service centers in India). Consequently, the prices of most goods produced globally declined. In addition, cheap brainpower was available from countries like China, Russia and India who produce roughly 14 million competent and highly motivated university students a year. The main characteristic of the first wave was thus “deflation,” a persistent decrease in the level of consumer prices.
The second wave of globalization (2000–2020)
The second wave is now in full swing. The priority here is to have access to the domestic markets of emerging nations. With this in mind, an important change may be the birth of a middle class in Asia, Russia, Central Europe, Latin America and the Gulf region. Since 2000, 600 million people have reached middle-class status; they spend on average some $4 billion per year. They are eager to buy branded products (status symbols) such as electronics, cars, etc. Consequently, the private consumption portion of the GDP is expanding rapidly. Companies could thus be well advised to focus their products and services on the needs of this new middle class. This new class of people will be the engine of world growth during the next two decades and a source of political stability – middle classes do not care about revolutions.
While the first wave was characterized by “deflation,” the second wave is now struggling with that old demon “inflation”! Read full article at IMD.
For the past two decades, global companies entered emerging markets mainly to lower their costs of supplies. Today, their roles are shifting and they are key players in the development of emerging nations. But tomorrow, global companies will have to compete with the homegrown companies and brands that are being born and bred in today’s emerging nations. Emerging markets are becoming emerging powers. Globalization and competitiveness thus evolve in waves. Each successive wave has its own business logic and its own mode of operation. And each wave eventually fades away to be replaced by another.
The first wave of globalization (1985–2000)
In the first wave, Western companies focused on the access to cheap supplies, such as labor, raw materials or logistics (e.g. service centers in India). Consequently, the prices of most goods produced globally declined. In addition, cheap brainpower was available from countries like China, Russia and India who produce roughly 14 million competent and highly motivated university students a year. The main characteristic of the first wave was thus “deflation,” a persistent decrease in the level of consumer prices.
The second wave of globalization (2000–2020)
The second wave is now in full swing. The priority here is to have access to the domestic markets of emerging nations. With this in mind, an important change may be the birth of a middle class in Asia, Russia, Central Europe, Latin America and the Gulf region. Since 2000, 600 million people have reached middle-class status; they spend on average some $4 billion per year. They are eager to buy branded products (status symbols) such as electronics, cars, etc. Consequently, the private consumption portion of the GDP is expanding rapidly. Companies could thus be well advised to focus their products and services on the needs of this new middle class. This new class of people will be the engine of world growth during the next two decades and a source of political stability – middle classes do not care about revolutions.
While the first wave was characterized by “deflation,” the second wave is now struggling with that old demon “inflation”! Read full article at IMD.
Machuca at Melbourne Business School
During this term the Latin American Club (L@NG) at Melbourne Business School is practically made up of only chileans -better known as the Chilean Mafia.
The goal of L@NG is to spread information related to Latin American business, economics, politics, and culture providing an opportunity for MBS students to deepen their international understanding of Latin America.
The Club’s activities are focused on showing the different cultures that make up Latin America, such as Latin movie nights, salsa classes, Latin parties and the yearly international food festival, in which each country is well represented, with its characteristic dishes.
The opening activity for the current term was a movie screening: Machuca. People attending the event enjoyed the movie with popcorns and drinks sponsored by the club. At the end of the session people came up with questions concerning our country's situation after the military coup.
The goal of L@NG is to spread information related to Latin American business, economics, politics, and culture providing an opportunity for MBS students to deepen their international understanding of Latin America.
The Club’s activities are focused on showing the different cultures that make up Latin America, such as Latin movie nights, salsa classes, Latin parties and the yearly international food festival, in which each country is well represented, with its characteristic dishes.
The opening activity for the current term was a movie screening: Machuca. People attending the event enjoyed the movie with popcorns and drinks sponsored by the club. At the end of the session people came up with questions concerning our country's situation after the military coup.
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