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