Describes the evolution of AFP Provida, one of the first entrants in the Chilean pension fund system was created in 1981. By 1999, AFP Provida was not only the largest administrator of pension funds in Chile, but also the largest in Latin America, the number of branches and the second largest in terms of assets under management, after Brazilian PREVI company. Provida was also the most international companies in the industry. At the turn of the 20th century, the top management Provida was considering how to expand the company's position in the rapidly growing international market. Describes the process of internationalization of the firm in terms of timing, geographical selection, and recording methods. We also discuss the special conditions of the Chilean pension fund industry, including local factors, the context for strategy and rivalry, demand conditions, and related and supporting industries. Allows for discussion of the origin of clusters in developing countries, as well as sources of international competitive advantage. Also provides an interesting assessment of the strategic decisions Provida and its stability of international leadership. "Hide
by Michael E. Porter, Andrea Prado, Arturo Condo Source: Harvard Business School 13 pages. Publication Date: February 10, 2003. Prod. #: 703424-PDF-ENG
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