The maquiladora sector was imagined as a win-win strategic economical platform for foreign firms and Mexican workers.
The major enthusiast has been U.S. corporations, which urbanized into more cost resourceful by employing exceptionally creative, lower-cost Mexican personnel.
Maquiladoras in the 21st Century Six Strategies for Success Case Study Solution
But, the direct connection between the U.S. market and the accompanying employment of Mexican workers has resulted in unpredictable growth-retrenchment cycles.
The maquiladoras have been slow to adjust to new commerce realities, for example, increase of China as a global production power while the globalization of commerce has grown dramatically. The more intense international competition and also the recent fiscal crisis have challenged Mexico's structural deficiencies as well as the maquiladora model with its focus on low cost work. Can the maquiladoras remain viable in this seemingly unpredictable economic environment?
In this perspective, we contribute a concise history of the maquiladoras, communicate the novel external trade environment conviction, and offer six strategies that can transform the maquiladoras into a sustainable economic representation well into the prospect.
PUBLICATION DATE: March 15, 2013 PRODUCT #: BH522-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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