Free Essay

Trying to Do Business in Mexico

In: Business and Management

Submitted By gmcqueen
Words 358
Pages 2
Trying To Do Business in Mexico

06/08/2014

1: what mistakes did ted make in his management of SterMexicana? It is obvious that Ted did some major mistakes which made the establishment and running of the company unsuccessful. One major mistake he did was delegating and leaving more work to Manuel instead of working hand in hand with him .he did not go to the field with him to seek ideas about the establishment of the company. It seems that they only met in meetings where Manuel could give him updates on the progress of the establishment and hence he could not have a clear picture of the situation from the ground. He also did not ensure that the hiring process was fair to all, this is seen when Manuel is found to have hired nearly all of his relatives.
2: Is Manuel responsible for any of the difficulties presented in the case? Manuel is responsible for some of the difficulties especially the one related with the employees. Ted trusted him with the hiring process since he was the one who was doing most of the ground work. When the efficiency of the work was questioned and Ted directed him to lay off some employees, it was discovered that most of the employees were his relatives. This means that even their level of qualification was in question since unqualified employees cannot work satisfactorily. His poor planning methods also made the establishment of the company to be behind schedule.
3 what should Ted do now to correct the situation? Here Ted should take time to restructure his company. The issue of time will be a problem because his family also wants his attention but he should try and balance it. He has to hire another assistant in place of Manuel, someone who is not overambitious; who can be trusted to do what is good for the company without fear or favor. He should also engage himself in most of the work and not depending so much on his subordinates.

REFERENCES
1. Rarick, C. A. (2003). Cases and exercises in international business. Upper Saddle River, NJ: Prentice Hall.

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