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Business Management Comes from Abroad

63% of Panamanian companies are led by foreigners or Panamanians who studied abroad, according to Goethals Consulting.

Tuesday, June 30, 2009

©image: Iain Farrell

The results of the Business Competence Index 2009 for Panama, conducted by consultants at Goethals Consulting through a survey of 200 large Panamanian companies, reveals the lack of competence of the Panamanian college system, according to Prensa.com, lawyer Ramón Barreiro, a member of the multi-disciplinary team that did the study.

According to the article on the website, the lawyer commented that “The companies…perceive that the academic offerings of the national universities aren’t up-to-date or able to meet corporate demands and they prefer to contract professionals with foreign education backgrounds for upper management.”

Source: Prensa.com

Key entities

Goethals Ramón Barreiro Irene Giménez Francisco Fernández

Countries

Panama

Insight

human resources Business Competitiveness Index work Human Resources

The Global Enabling Trade Report 2009

July 2009

Costa Rica (43 in the world) rank at the top in Central America, followed by Panama (53), El Salvador (56), Guatemala (58), Honduras (66), Nicaragua (77).

The Enabling Trade Index, featured in the report presented by the World Economic Forum, measures institutions, policies and services facilitating the free flow of goods over borders and to destination.

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