ESPECIAL BUSINESS EDITION
Picture by CSA Travels
GUATEMALA: Its Leadership, Managerial and Entrepreneurial Potential
By Keisha De Sedas Business Major Student, Towson University
Guatemala is a country mostly known for being the heart of the Mayan civilization and for its rich culture, which have catapulted it as one of the best places for tourism. With a population of approximately 14,720,000 inhabitants, Guatemala has a lot of potential for it to become a developing country that can compete with other well-positioned countries in the region, especially in the economic field. However, in order to achieve this there are some things that require improvement, especially in the area of education and politics. This article analyzes Guatemala’ s leadership and management styles, as well as the entrepreneurial capacity of the country.
LEADERSHIP
In Guatemala, there are two common leadership styles, the autocratic and the paternalistic. The Business Dictionary defines autocratic leadership style as one in which the leader“ dictates policies
7 | L A T I T U D E 0 4 / 0 1 / 2013