Latitude Latitude 2013 | Page 7

Banco General , UN commissions in Panama , ADEN business school , and others , the City of Knowledge is providing a great platform for talent in Panama . In addition , governmentsponsored organizations like AMPYME are spreading awareness and giving encouragement to small entrepreneurs in the country .
Many people from small provinces in Panama are trying to develop their micro-businesses in the hopes of reaching somewhere bigger in the future . In addition , youngsters are taking initiative , seen in companies like PLC ( Panama College Link ), something that will prove very beneficial for Panama in the long run .
FINAL OBSERVATIONS
As can been seen through the reading of this paper , the current scenario in Panama is a work in progress . In some areas , the country is doing wonders , especially from the international perspective on economic potential and growth . In other areas ,
Panama needs a lot of work . Management is one of the sectors that requires special attention . I believe that the main driver for guaranteeing growth for Panama is the improvement in the educational system and overall culture . More proactivity , awareness , and responsibility is required . Tools can be given , yet some things need to be changed from the root or else they become endemic . Talent in the country needs to be cultivated by better means of training , appraisal , education , and hands-on-experience . Leadership is based on sound models , like the charismatic / value-based and teamoriented leadership ; nonetheless , it requires polishing . More innovative , motivating , and goaloriented leaders , in the business context , will strengthen Panama ’ s global standing . Lastly , entrepreneurship in the country has a lot of potential because the ideas are many . The only thing that is missing is the courage to take that step , and this can be done through the provision of encouragement like what is being done by Ciudad del Saber .
SOURCES
" 2011 Annual Report ." Banco General . Panama : 2012 .
Caicedo , Kathyria . " Panamá ocupa primeros lugares en encuesta sobre escasez de talento ." Telemetro . N . p ., 13 Nov 2012 . Web . 3 Mar 2013 . http :// www . telemetro . com / noticias / 2012 / 11 / 13 / 121040 / panama-ocupa-primeroslugares-encuesta-sobre-escasez-talento
" Entrepreneurship ." New York University . N . p .. Web . 4 Mar 2013 .
" Entrepreneurship in Panama ." International Entrepreneurship . N . p .. Web . 8 Mar 2013 . < http :// www . internationalentrepreneurship . com / americas / panama />.
Gobierno de Panama . Servicio Nacional de Migracion . Movimiento Migratorio – entradas y salidas del pais- 2013 . Ministerio de Seguridad Publica , Web .
5 | L A T I T U D E 0 4 / 0 1 / 2013