Business People | MBA Degrees

RSS

Archive for the ‘Business People’ Category

Manuel Mancebo, professional copy, prison abuse, violate their rights

22 Jul

Mancebo Manuel Emilio Mendez, a southern town came to the capital to study business administration at Universidad Autónoma de Santo Domingo (UASD), where he made history as an excellent student and citizen.

Radhamés Jiménez Peña

Alejandro Moscoso Segarra

Emilio Méndez Manuel Mancebo
In UASD, in secondary schools and elsewhere has been a champion of decency and honesty.
Mancebo Mendez is one of a family that has always hit it wrong.

Mancebo Méndez received instruction as to always respect others.

Never goes red, that you can be sure.

Mancebo, parent exemplary, honest letter to full, cleared its way into the labor market in its history and has a clean sheet servicios.Nunca will be able to take it outside, it’s honest, and nobody has proved it can play with your transparency.

Mancebo Mendez spent many years in pursuit of the company Arcal Mejia, who made him a valuable aportes.Sorpresivamente him that afternoon had been canceled and that their benefits were to seek employment in the time agreed the law, but in its letter of cancellation is not listed or a letter of the word dishonesty.

Mancebo Méndez cultivated many friendships Arcal Mejia, a company that sells milk and other MILEX productos.En the company had for many years a man who fulfilled his duty and is honored, and certainly no one ever deserves abuse of any kind.

However, unexpectedly last Thursday he was informed that Mancebo Méndez had to go where an assistant prosecutor at the headquarters of the National Police in the Ensanche Naco, where they locked it without the authorization of a juez.Parece that still prevails in the country tránquenlo and then speak.

Mancebo Manuel Emilio Mendez, as a person with no issue was presented to the detachment voluntarily, he flees into anything serious men do not fear the truth, but there it started to abuse by those who seem designed to make an evil aim to revive his career in independent Dominican society.

Which came first assistant prosecutor of Jesus Cirilo Lopez G and asked the charges against Manuel Mancebo and explained to him that the indictment is an alleged employee theft.

Attorneys Méndez Manuel Mancebo, who are four dozen more have been offered free to defend, argue that it was not duly summoned, according to the provisions of the 4602 Act.

They argue that it Mancebo, without citing reasons.

Moreover, they warn that the prosecutor failed to file a written accusation against Mancebo, as the Code of Criminal Procedure.

His lawyers argue that a person must be brought to jail after a hearing by order of a judge.

Mancebo’s lawyers complained that the summons does not contain Mancebo indictment.

They have never questioned Manuel Mancebo, explained to his lawyers first.

And they add that was carried to prison without even questioning Mancebo

Attorney Speaks
Answering a question of Firsts, Judge Guzmán López said that there is a complaint against the company Mejía Arcal Mancebo.

What is the charge? “Employee Theft” and announced that he requested to know the extent of coercion always meet the legal

So researchers PRIMICIA
Firsts. Knew that the charges against Mancebo based on an audit that some experts did Arcal Mejia, but the courts are where their lawyers, loved ones, people who know their clean track record will demonstrate his innocence.

All friends Mancebo, who are many, can not believe that a distinguished career of getting into red with a crime like that of so-called “employee theft.”

Manuel Mancebo, highlight all of his friends forever, is not able or need to steal a penny.

What we are doing to Manuel Mancebo, said everyone who knows him, is an abuse of power and can not be allowed to continue committing violent country in civil rights.

The company that fired Mancebo, although it has every right to do so, commits an injustice against an honest person who gave it all for it.

A person in a company that lasts almost 18 years devoted much of his life and we must take into consideration.

Mancebo is not nor has never been delinquent, proclaiming all who know its history and many of which were presented Friday at police headquarters in Naco.

What we are doing to Manuel Mancebo is an unnecessary trampling of many that abound in this country.
The teachers of this nation who know Manuel Mancebo, which for many years was general manager of the Cooperative of the Masters (COOPNAMA).

The journalists in this country know who is Manuel Mancebo, who is participating in the gatherings of this medium, which has served 16 years as a consultant for free.

Cooperators across the country know the path clean Mancebo.

The same can be said members of the Cooperative of firsts, they feel satisfaction at the path clean Mancebo.

Those familiar with Mendez Mancebo have the interest that justice does not commit an outrage against an exemplary citizen, no matter the power behind the damage that you want to do.

Attorney General of the Republic, Dr. Radhamés Jiménez Peña, a balanced staff, can not allow this abuse against a professional employee and unblemished as Mancebo Manuel Emilio Mendez.

This should prevent abuse of the District Attorney Nacional.El Judge Alejandro Moscoso is another official who has demonstrated respect for citizens’ rights.

History Mancebo

Mancebo Méndez is a lawyer specializing in collections and was a teacher in San Cristobal.

Mancebo was director of Credit and Collection Mejía Arcal since August 28, 1992 until April 15 this year and was surprised at the accusations against him.

Mancebo Mendez was President of the Cooperative Employees Arcal Mejia, where he did very good.
Mancebo was executive director of the Dominican Confederation of Cooperatives and coordinator of the School of Management of the Third Age University.

Manuel Mancebo can give personal and professional references from Dr. Manuel Alejo Rodriguez (cardiologist), his fellow Dominicans, and thousands of Firsts.

Manuel has just completed a course on enforcement measures in light of the new Code of Criminal Procedure and is just a victim of abuse of power as required without a judge.

Manuel is a lawyer solidarity.

An extraordinary human being.

Prevent abuse, Manuel and his friends defend their rights, because it is not a human being who was born to be trodden by the power or anyone.

Those behind the charges against Mancebo must consider his steps, as everyone knows his rights in this country.

Nobody is able to damage the image of a serious professional, less against an honest man.

No matter what you say an audit or suspect allegedly done something wrong, because in order to accounts showing the truth ends tribunales.La the truth is revolutionary.

Attorneys Mancebo Manuel Emilio Méndez are doctors Marino González, Manuel Alejo Rodríguez Cedeño Miguel Angel Jiménez, Félix Antonio Hilario and Claudio Alcantara.

Mancebo Manuel Emilio Mendez is not alone, as his friends defend their honesty.

The following important details about the history of professional and family Mancebo Manuel Emilio Mendez.

Then Manuel Mancebo Curriculum

Emilio Méndez Manuel Mancebo
Cedula Electoral Staff: 001-0461980-4
Date of Birth: June 21, 1953
Marital Status: Married
Nationality: Dominican
LL.B (Magma Cum Laude). University of the Third Age (UTE) 2006.
Bachelor of Business Administration. Universidad Autónoma de Santo Domingo (UASD) 1985.
Normal Primary teacher. Américo Lugo Normal School, San Cristobal. 1972.

Courses and Seminars:
Seminar: How to more efficient recovery. Taught by Mr. Armando Ramos.
Workshop: Management of SAP in the area of recovery. Arcal Mejia, C. A.
Microsoft Excel (basic level). Brainstorm, consulting and training.
Diploma in Civil Litigation. Universidad Experimental Félix Adam (UNEF).
Workshop: The measures of restraint in light of the new criminal procedural code. National Association of Mortgage Brokers (ANAPRO).
Workshop: The criminal courts in light of the new criminal procedural code. National Association of Mortgage Brokers (ANAPRO).

Work Experience:
Director of Credit & Collections Group Arcal Mejia, C. A., from August 28 1992 to April 15 2009.
President of the Cooperative Employees Arcal Mejia, C. A.
The Regional Manager of the National Cooperative of Multiple Services for Teachers (COOPNAMA) from 1985 to 1987.
General Manager of the National Cooperative of Multiple Services for Teachers (COOPNAMA), from 1987 until 1989.
Executive Director of the Dominican Confederation of Cooperatives from 1990 to 1991.
Coordinator of the School of Management, University of the Third Age, from 1990 until 1992.
Facilitator in the career of Business Administration at the University of the Third Age, from 1989 to 1992.

No Comments

Posted in Business People, Master News

The Harvard MBA promise to be honest

22 Jul

In response to the initiative of a student, more than 400 new graduates from the famous business school have signed a kind of Hippocratic oath for managers.

Harvard Business School

“Act with the utmost integrity and will do my work in accordance with ethics.” “Gestionaré my company in good faith, do decisions and behaviors which promote close my ambition but harm to the company and the people it serves.” These and other promises made more than 400 students from the Harvard Business School on June 3, the eve of receiving his master’s degree in business administration (MBA) along with their 500 fellow classmates.

The oath of the MBA, which has a webpage, is voluntary and has no official backing from Harvard University. It is an idea of recent graduates, Max Anderson, who in just one month campaign has been widely followed among the other students. Perhaps the economic crisis, with reports of irresponsible behavior on the part of managers of banks and corporations, contributed to this success so quickly. Thus, the oath he warns: “The pursuit of self-interest is a vital engine of the capitalist economy, but the unbridled greed can cause great harm.”

Faced with the idea held by some authorities in the matter, that the only duty of the manager is to maximize the benefit to shareholders, the preamble of the oath states that the purpose of the MBA is “serving the common good.” In line with this, the formula in the second paragraph says: “I will defend the interests of shareholders, colleagues, customers and the society in which we work. I will endeavor to protect the interests of those who may not have power, but whose welfare depends on my decisions. ” However, the promise of work to “create economic prosperity, social and ecological sustainable throughout the world” seems to, although very fashionable, too great for most of the owners of an MBA, even from Harvard.

This purports to be sworn in for managers at companies such as Hippocrates for physicians. But unlike this, the MBA contains few specific requirements, which, according to his critics, makes it inefficient, says The Economist (6-06-2009). The same could be blamed, even more so, to honor the oath taken in 2006 by Thunderbird School of Global Management (Arizona), in which Harvard is based. Thunderbird’s formula, written in common by students five years ago, is shorter and is limited to setting out principles, but is officially in the program, and serves as a reference guide for teaching and judge the cases being studied. According to Thunderbird President Angel Cabrera has done much to change attitudes.

However, the oath of Harvard was about to land at two points. “Loaded with the responsibility of my actions and present the results and risks of my business so accurate and fair. My intention is not to misrepresent the truth, but explain in a transparent manner and to help others to understand how decisions affecting them. ” The other, “know and respect, both in letter and in spirit, laws and contracts that govern my conduct and my company. If I find laws that are unjust, unnecessary or obsolete, not violate, or avoid openly despreciaré; attempt reform through respectful and acceptable. ”

Other commitments are to ensure the continuous professional training, expertise and subordinates, and colleagues to account for compliance with the oath, and to require them.

The oath has been opened for signature by all professionals. So far we have signed more than 1,200 graduates, including from other business schools, countries and promotions.

No Comments

Posted in Business People, MBA News, Master News, online mba

“The employer is not the enemy, is the solution to the crisis”

22 Jul

Universia Knowledge @ Wharton

“I do not remember here is that this is a good ambition,” and although “we have never bet on the financial tricks and shortcuts, it would be irresponsible to say that business schools do not have to blame the crisis.” Santiago Iñiguez of Onzoño (Madrid, 1962), Dean of IE Business School, the responsibility for the financial excesses that are also shared with the supervisors, the public and private institutions and even the customers with “more ambitious” seeking ” hard for pesetas.

Mea culpa Íñiguez intones a shared conviction that the work of business schools is to promote entrepreneurship. “The employer is not the enemy, is the solution to the crisis,” and warns of the danger of “losing the culture of business creation” if you insist on obstructing the implementation of new business through an “excessive regulation”. Still, is optimistic and favors those who advocate that “in any crisis, the economy and businesses in a country emerging strengthened.” He believes that “sometimes we stayed in the pathology and not solutions. While acknowledging that many of those who have caused this outrageous financial classrooms have gone through most of the world, also “we are drawing to the crisis have gone through business schools.”

The challenge now is to “create more bridges between the business and academic world to jointly develop new financial tools and weigh the risks and aims Íñiguez. In this sense, the dean of IE Business School recognizes that this is an opportunity for business schools in Europe to take over from the U.S., where the crisis has beaten in both their academic model, as in the financing. Santiago Iñiguez explained that while the educational institutions for management of the Old Continent has focused his speech on the need to create value for different stakeholders, including government, customers or suppliers, American schools “have focused on maximizing profitability for shareholders’ paradigm that has now been undermined by the outbreak of the financial crisis.

Europe ‘versus’ U.S.

As for the asset and the income statement, the European model seems stronger than the U.S., which strongly depends on the interest generated by donations from private companies, and have been drastically reduced this year. During the good times, support from companies had been a real boost for the most prestigious American schools, but now have had to cut expenses and begin to dispense with faculty and research. ” According to Iñiguez, “in times of crisis, schools are better prepared because they depend more on the market”, ie the number of plates, whose behavior tends to be anti-cyclical, since people tend to make more when they are the worst things. Excluding the university in 2008, IE turnover of 71 million euros and forecast for the current year, an increase of 31% to 93 million euros. In Europe, private donations account for just 15% of revenue from the business schools that have opted for a mixed system of funding, because “conditions are not prosecutors, not cultural” victory for the American model explains, although the Bologna Plan seeks a convergence of both systems, as well as the unification of education of the Old Continent.

Indeed, this increased presence of the company in the academic world has raised the debate between those for and against this project, which must be adapted to any educational offering next year. The IE Business School, Bologna has been forced to buy a university to meet the EU criteria. Still, Iñiguez does not hesitate for a second time position: “We need Europe more than ever.” And disassembled each of the three main criticisms has been the unification process.

“I do not know what the statement implies that Bologna corporatization of the university,” said the dean, before the controversy to give greater prominence to the company in the academic world. “The university should not be an unemployed factory and many of the current title” are not leaving the job market. If you build bridges between business and university career means adapting to the real world, then the change is good. ” Another of the controversies around Bologna is the extinction of degrees in social sciences, which Íñiguez as “fallacious” as, in his opinion, “not only will not disappear, quite the contrary. Now, there a range of international quality. ” And for those who think that the European Treaty will increase the price of registration, the dean said that the central government is promoting a system of grants, while acknowledging that “we need to adjust rates real price” and favors ” link the academic merit the granting of scholarships, so as to establish a mechanism for reimbursement of aid if not overcome the course. According to Iñiguez, “Bologna is an opportunity for students to study at universities in an international benchmark in terms of their merit, and increase opportunities for mobility of teachers and” improve the competitiveness of the continent “with the aim of creating “The United States of Europe.”

As an independent business school, Bologna forcing IE to buy a university, and after evaluating various alternatives abroad, decided to acquire SEK de Segovia, now renamed IE University, where he will begin to deliver new levels of international court, both in Spanish and in English. Iñiguez, who is also rector of this new institution, says that after evaluating locations in the Netherlands, was finally preferred to Segovia for his closeness to the campus in Madrid, although the decision weighed negatively on the system that exists in Spain hiperregulatorio ” and represents an obstacle to free movement of students and teachers at the international level. “Spain is one of the most bureaucratic and administrative complications for masters courses,” says Dean of IE Business School. He believes that “education could be one of the most attractive from the standpoint of economic dynamism in Spain, along with other leaders such as renewable energy or transport. In fact, in some countries, attracting foreign students in its universities and business schools has become a major source of foreign exchange. However, Iñiguez acknowledges that, without sufficient support, it is difficult to make this happen, because the domestic market, there is not enough demand for all the training that exists.

Bologna is the opportunity for Spain because it opens a single market “, also” we will see more American universities into the European framework. ” How Spain can compete in this environment? Santiago Iñiguez is clear that the solution is to “become a hub for education in Madrid, like London or Boston.” But for that, you must meet three requirements: the presence of major companies, internationalization of the city and administrative deregulation. Currently, the only Spanish capital suffers from the latter.

Madrid, ‘hub’ education

Until now, schools in Madrid have focused on attracting students from Latin America, “but we must strive to attract the rest of the world” and not just because the business schools and universities need students, but also because “the tourism education is more profitable than the sun and the beach, “said Iñiguez. Despite the administrative difficulties, Spain is the main destination of EU citizens who opt into the program of the Erasmus university exchange and business schools in Spain are among the most diverse of the world as to the origin of their students. “We have more students studying Spanish here than French in France.”

Perhaps this interest in converting Madrid is an educational hub that has, until now, the IE Business School has decided not to open any campus itself outside the Spanish capital, and has opted for strategic alliances with other prestigious schools beyond its borders. However, the choice of brand new campus outside Madrid, “today, do not rule out”, even though it is not planteable short-term or at least not until it finds a way to “replicate the model and experience on campus “that the IE Business School is at the heart of the city. “This is not like going to a branch,” said Iñiguez, faithful advocate of networking and relationship that is generated among the students. Even when talking about online training is in favor of a mixed system, “in which they are developing other skills and learn to be more diplomatic because writing things offend again.”

55% of the income of the Instituto de Empresa (IE) is derived from international activity, both in courses outside of Spain, of foreign students enrolled in the country. The next year, the campus will host Segovia students from over thirty countries, including USA, India, Germany, United Arab Emirates, Australia, Canada, Indonesia, Hungary and Mexico, which make some degree courses of IE University, as the business management, and have an international demand for more than 70%. As for the business school, the IE Business School has signed an agreement with Brown University, United States, to launch a joint Executive MBA, which will be the first in a series of programs that are taught in Brazil , China, India and possibly in the Gulf, says Santiago Iñiguez.

A strategist at the head of IE

After studying at the Universidad Complutense de Madrid and University of Oxford, Santiago Iñiguez Onzoño for a PhD in law and studied a MBA at IE Business School, business school was later dedicated to teaching as a professor of Strategic Management and of that in 2004 he was appointed dean.

Prior to this position, Iñiguez was general manager of External Relations, who led the stage during the implementation of international initiatives. After purchasing the SEK University in Segovia, Íñiguez was appointed rector of the institution, a post he combines with the current dean of the business school and other positions in the councils of the European Foundation for Management Education (EFMD) and Association of the United Kingdom MBA (AMBA), plus several Spanish institutions.

No Comments

Posted in Business People, Graduation News

The loneliness of the hammocks Reservations and a recession does not augur well in the first summer industry

22 Jul

This summer will be 23.3 million tourists, 2.5 million fewer than in 2008

Banking accounts by default and hotels do not have to manage teams

The crisis in their countries this year reduced the influx of English and German

Two European wholesalers control 50% of the seats in some places

Fewer tourists destinations closer, shorter stays, cheaper accommodation, special offers and discounts on all kinds of services, lower average daily per capita expenditure on travel and vacations, and corporate transactions and real estate transactions related to business in its minimal form. Has been the keynote of the first half and is the starting point-a 10% reduction in travel bookings in 2008, to June 15 for July and August, but hoteliers, travel agencies and politicians crossing fingers and predict with conviction that the uneven Last minute shopping can alleviate the debacle two months living industry. Not for profit, which will further deteriorate, but at least in places of employment in transportation and accommodation.

The number of foreigners travel to Spain this summer be around 23.3 million, 2.5 million less than in the peak a year ago (in the full year of 2008 there were 1.8 million tourists in 2007 unless ). This is not a good figure, said the government, but qualifies that met this estimate is nearly two points to soften the fall of the first semester. “The industry is no stranger to the international economic crisis. The countries that receive tourists also suffered, and inevitably affects us,” explained after a recent Council of Ministers, first vice president, Maria Teresa Fernandez de la Vega.

According to a study by the consultant in collaboration with Spanish THR

IPK International, based on a survey of 15,000 people in Germany, United Kingdom, France, Italy, Netherlands, Spain, Sweden, Switzerland, Russia and the U.S., 15% of tourists who usually iban every holiday abroad this summer years forfeit the trip and 35% severely limiting their spending on these holidays.

However, this week, in line with the optimism of the proverbial Executive Rodríguez Zapatero, the Secretary of State for Tourism, Joan Mesquida said, drawing a meeting with the President of the Federation of Tour Operators (IFTO), M. Brackembury that certainly planning for the summer are worse than the results that ultimately will occur and that the gap between forecast and reality should be attributed, among other reasons, a change in the pattern of reservations. A few years ago made the reservations over 73 days in advance, and are now being carried out with 40 to 35 days.

Also see the glass half full or beach hotel CEHAT members and members of the Spanish Federation of Associations of Travel Agents (FEAAV). “We are in a difficult time. We will have a long off season, a short season and low season,” said Joan Molas, CEHAT president, saying the government is still time to take action to “soften” the fall in the number of tourists that Spain will receive this year. “If we do things, be the first to emerge from the crisis,” he adds.

For his part, Rafael Gallego, chairman of the FEAAV, said Tuesday in a telephone conversation, similar mood: “We are busier than worried” by the crisis. “Nobody can be happy with a drop of almost 12% in the entry of international tourists from January to May,” he explained, “but in the early years there was talk of a debacle of 30%, and that batacazo in entries will not to produce. At the end of the year, the decrease can be stabilized between 8% and 10%. ”

Regarding the summer, said that the Galician FEAAV manages expectations of falls in tourist numbers from 12% to 13% through September and October, “and then retrieve the final step of a year.”

Gallego, Molas Mesquida and tend to remember these days, following the latest industry statistics, which are comparing the first five months of this year with the first five of 2008 were a record for tourism, and that the crisis in tourism began later than in other activities and may terminate earlier.

The president of CEHAT in mid-June presentation of the Observatory for the hospitality industry for the second quarter, which develops

Pricewaterhouse, echoed the final report of Mondial Assistance, conducted on 360,000 people who hire travel insurance, which shows that, despite the increase in competitors holiday destinations, Spain is still leading with 25%, the list of favorite places by Europeans. “We lose volume and overall market share, but do not lose share of preference. Spain remains the top destination to travel to Europe,” concluded Molas.

Many others, however, are half empty and the beach attack ostrich syndrome. “Enough of denying reality,” cried out, for example, 10 days before 300 people attending a forum of the magazine Hosteltur, Sebastián Escarrer, president of the group Sol Meliá and the tourist lobby Exceltur. And the reality referred to by industry is that the first Spanish-encompassing 370,000 companies, employs one and a half million people and contributes 10.7% of gross domestic product, is in crisis and hot towels are worth little.

In the first five months of the year, the data speak for themselves: Spain received 2.5 million tourists less than the same period of 2009, hotel occupancy in absolute terms decreased by 10.2% in interannual terms, and more than half of places offered until May 31, 52.6% remained unfilled, 85% of the hotels affiliated with CEHAT anticipates that its revenues this summer will be lower than last summer, have gone a thousand points of sale travel agencies in one year, nor do best to airlines, with some defaults and a loss of passengers in the main Spanish companies capital exceeds the overall 10% annually at this stage of the exercise. Giants such as Barceló Group have fallen by 75% of their investments or have launched, such as Sol Melia, stringent cost-cutting plans. The hotels have reduced the recruitment of staff for the summer from 500,000 to 425,000.

The “Enough is enough!” Escarrer of which are included in the polemic between overlapping open Exceltur and weeks before the Council of Tourism of the CEOE employers, who chairs Gonzalo Pascual, president of the group in turn Marsans. Exceltur issued in April, a survey among its members about the business sector in the first quarter, which reflected, inter alia, that the vast majority of the members of the sample noted drops in profits and revenue, that there had been a job loss of up to 86,000 posts until March 31 and a decrease of 7% of tourism GDP, and was highly critical of the Administration in its conclusions. The Tourism Board CEOE gave hours after a note in which, without quoting Exceltur, said that “no shared criteria expressed by some doomsday tourism business and its unjustified criticism, expressing disagreement with the conclusions of this study and wanted demonstrate “good economic situation of tourism businesses.”

Some within the industry believe that one should not speak about the crisis, said Escarrer said in the forum, so that the banks cut off lines of financing. But in reality, he added, the granting of credits will depend on the balance sheets of companies, their careers, and so on.

Simón Pedro Barceló, co-chair of the third Spanish Hotel, Barceló Group

and president of the Institute for Family Business, has not mince words to assess the situation. Indicates that the mismatch between supply and demand, seasonality, and low corporate profitability, which are “structural problems in recent years have good hiding”, plus the impact of an economic recession that threatens to leave the tourists in home and ballasting of the activities that contributed most to the GDP.

ESADE Business School, which this month has organized a Tourism Observatory, concludes that the sector faces a difficult season, with expectations of falling incomes of between 4% and 8% as a result of a decrease in consumer confidence and reduced tourist spending, which eventually will affect employment and corporate profitability. The sector, according to economics professor at ESADE MBA Josep M. Sayer, “had all the numbers to fall into this crisis and adventure that will clean up” general “competitions and even closures of companies.” The crisis will leave out as teachers of ESADE, a company with value for money and deficit will result in the rethinking of many businesses.

Rethinking outlined in recent months on the market, and all their players (hotels and restaurants, wholesalers and travel agencies, airlines, car rental for three …), change factors: flexibility, last hour and price.

Citizens in most countries, are unsafe at the economic situation and demand stays under package tours, prices adjusted to tight budgets and dates open. A highly volatile demand has forced companies to reinvent rates, creating and combining simpler contracts traded. A kind of travel as a base from which increases the value added of products, but sometimes affects profitability.

Consumers also postponed their buying decisions on vacation and not only by economic uncertainty, but also because they think they can get better prices. The agencies provide these days, in Ecuador in June exceeded that of last minute reservations will reach their highest levels this summer, as happened on the eve of Easter.

Meanwhile, the lack of demand, such as hunger, fuels ingenuity and tourist groups are struggling to achieve a customer base of large discounts and more innovative to compete with something like buying insurance with guaranteed and cancellation of assistance. Travel is the case of Iberia, which has just launched a summer campaign that allows the tourist to hire a set price and with the commitment that if you find a better offer for your vacation, you are equals, and if after your reservation Low price, returns the difference. Barceló also offers a “guarantee the best price online, and Accor,

Sol Meliá and Vincci have incorporated travel bargains with guarantees. Tour operators such as TUI and Thomas Cook or domestic groups or as MUNDICOLOR Travelplan have extended the period of advance bookings and discounts.

In general, companies resort to price crashes never seen before, “up to 35% in the case of Viajes Iberia, to encourage consumption. Travel Marsans is reducing the price up to 70% in some products and

Globalia makes a 20% discount. Soltour offers discounts of 30% for departures to the islands and 80% for companions. Lower MUNDICOLOR stands at 20% and for Iberojet, by 15%. The trend of booking at the last minute made a dent in the airlines, in their income statements and in their activity, to affect even the long-distance flights.

The third factor that change lives and the industry is the increased sensitivity of consumer prices and an abundance of discounts and rebates to try to revive demand. The executive vice president of Exceltur, Jose Luis Zoreda, said a month ago in Malaga, where he attended the Fair of Tourism, Art and Culture of Latin America and Europe, the Spanish sector is “in a price war, which is “a dangerous strategy.” He said that there is to sell cheaper, which has led to a price decline of more than 30% and deteriorating business performance.

Spanish tourism issues are not only relatively recent changes in consumer behavior at the highest level of disintermediation in the business of punishment that subjected to a widespread economic and financial crisis. Are domestic rather than international, as the professors point of ESADE, and in many cases are structural and not cyclical.

They come from not having done its homework in the boom years and have been uploaded to the car having over-speculation and the industry.

Hotel and real estate bubble. “The banks are hoarding hotels, debt defaults by property developers and builders,” and are not prepared to manage teams, “he said by phone this week Paloma Sketch, head of sector in Aguirre Newman. Advises the bank that invests in value and to sell its hotels because it is almost impossible today. For its part, Aurora Pubill i Prat, director of Jones Lang La Salle Hotels in Spain and Portugal, says that in 2008 changed the market with a sales drop of 47% of rooms. “Until May 2009,” he says, “in Spain have been closed 13 transactions. All in the Balearic and Canary Islands, and 3 and 4 stars. In no case has revealed the price, but we anticipate that investors have bought higher yields those of previous years. ” Several chains have sold some of its less profitable hotels or less fit in their future strategy.

In Malaga, the executive vice president of Exceltur also recognized that in Spain “on offer at all levels of the tourism industry” and called for, instead of creating new, remodel, retrofit and reposition those already there, “and referred to the “lapse” of some destinations. “We need a strong year for investment and not to live in the anarchy of growth, because if we do not have a dull future,” he said. In his view, the tourism sector is victim of its own indifference, “since the destinations have made a tour operator and we have spoken very little in the product.” Therefore, this crisis will, Zoreda said, “new challenges and a major overhaul of many of our values,” which will result in “austerity.”

Barceló is convinced that the crisis will cause a reduction in the number of players in the hotel sector, where most are small and medium-sized family. “It takes more concentration of about 14 years, but the fact is that there is a big difference between the five main channels [Sol Meliá, NH,

Barceló, Riu and Iberostar] and coming back, “she says.” The medium of 15 or 20 hotels and property that are present only in Spain will have serious difficulties and will be forced to look at the big chains, which will be the more attractive alternative because it ensures greater distribution capacity, “he argues.

Another source of problems for the sector, according to Barceló, is the huge imbalance between the large tour operators and hoteliers Spaniards. “The two great Europeans.

TUI-First Choice and My Travel, Thomas Cook] more than 50% of demand in some Spanish destinations, while a hotel just around 5%. “A complicated market situation” remains the bargaining power independent hotelier, who is worse off than five years ago, “he says.

No Comments

Posted in Business People

ELearning

13 Jul

Meritus University (www.meritusu.ca) is located in the park and a school has knowledge of the economy and a school for information technology. It offers a Bachelor of Business Administration, Master of Business Information and Bachelor of Information Technology Management.

City * York University (www.yorkvilleu.ca) is located 1149 Smythe St. He has more than 400 students and 170 students in its Master of Arts in psychology consultation program followed in the last month. York City for approval of plans to offer more programs of study.

Lansbridge University * (www.lansbridge.edu) is at 412 Queen St., and offers a Bachelor of Business Administration, a Master of Business Administration and an Executive Master of Business Administration. He recently concluded a partnership with a school in Malaysia offers its MBA program.

* The University of Fredericton (www.universityfredericton.ca) is at 371 Queen St., and provides certificates or diplomas in business administration and health, safety and the environment. He recently concluded an agreement with New Brunswick Community College and Husson University of Maine Business graduates to offer a conclusion in line program level, where it can take up to 90 hours by Credit NBCC to a Bachelor of Science in Business Administration and a Diploma in Advanced Business Studies of the property online.

* St. Thomas University (www.stu.ca) to focus on their current class, but it does offer online courses. Last year, the creation of free art license class, and this year he is one of political leaders, of course online.

* The University of New Brunswick, including the College of Extended Learning (extend.unb.ca), where more than 100 courses are offered online by professors from UNB. Classes range from accounting and marketing, forestry and environmental management.

No Comments

Posted in Business People, online mba

MBA Degrees

Archive for the ‘Business People’ Category

Manuel Mancebo, professional copy, prison abuse, violate their rights

The Harvard MBA promise to be honest

“The employer is not the enemy, is the solution to the crisis”

The loneliness of the hammocks Reservations and a recession does not augur well in the first summer industry

ELearning

Pages

Archives

Categories