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| Dinner with the best Finance professor in the world, Prof. Marc Bertoneche, at the Harvest Restaurant |
Dining with Finance
Harvard Business School (HBS) Finance Professor Marc Bertoneche hosted a wonderful dinner at Harvest, the best fine-dining restaurant in Cambridge, Massachusetts.
The metaphor is not entirely lost on me. You see, Professor Bertoneche, in my books is the best Finance Professor the world can possibly offer. His impeccable sense of humor combined with his mastery of financial tools, just makes the study of Finance very enjoyable and to a lot of the participants, myself included, significantly easier to understand. He has the ability to explain complex financial topics such as M&A's and Options, in a manner that is easily understood by his students. I owe my new found love affair with Finance to him.Lesson from Class
Leadership and Accountability
- In the world of global sourcing, employee programs, can sometimes take the back seat, often with catastrophic, if not fatal consequences
- The interests of the employees, country, contract manufacturer and the brand owner must align
- Integrating an acquired company causes disruptions in the company's strategy
- Leaders need to integrate both company's strategies and operations, otherwise revenue and profit declines may follow
- The combined strategy must be consistent
- Mexico is so dependent on the US market, that it is easily impacted by the developments in the US
- It is plagued with inefficient monopolies, cartels, unions and crime
- It also has a fragmented political system that impacts on long-term policy
- China's entry in the WTO has affected Mexico's competitiveness inside its main market, the US
That's all for the day.
