Mexico went through a major political transition in 2000, when Vicente Fox was elected President. Change was in the atmosphere throughout the nation, and notably in government entities.
One such thing was NAFINSA, the national development bank that had a stellar history in the first half of the twentieth century assembling the Mexican stock exchange and funding public projects. Its more recent history was less striking, with charges of political sway, inefficiency and major problems in leadership. Fox had special plans for NAFINSA, nevertheless, desiring it to be a preeminent player in stimulating small and medium-sized company.
Mario Laborin and the Turnaround of Mexico's Nacional Financiera (A) Case Study Solution
He hired Mario Laborin, formerly responsible for successful management of a private sector bank in Mexico, to turn NAFINSA around and advance this new policy mandate. The case, in two parts, facilities on the approach Laborin and his team took to address this challenge. It means to arouse discussion about the question about where money should come from to ease change processes, the way different technical interventions can be used to facilitate change, along with the function of strategic management in complex contexts.
PUBLICATION DATE: February 10, 2011 PRODUCT #: HKS243-HCB-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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