VENEZUELA

By

Ana María Uribe

Beatriz Trujillo

Sara Cordoba

Melissa Gonzalez

In this presentation Beatriz did not make to arrive but the other classmates presented all. The main topic of this presentation was Leadership in Venezuela so it was necessary talk about the president Hugo Chavez and his influence in our neighbor country. The official name of Venezuela is the Bolivarian Repuplic of Venezuela and his president is both chief of state and head of government, the capital city is Caracas.

After a general review of the country our clasmates told us a little bit about the behaviour of the business people, they are punctual an like to have control in the conversations, it is not good to talk about politics in a business conversation and if you want to do business with Venezuelans think in a long-term relationship. When you introduce yourself to a group of people do it always first to the oldest one and when you say good-bye do it to each person individually. Something very funny is that if you are invited to a venezuelan's house DO NOT arrive PUNCTUAL!

BUSINESS IN VENEZUELA

•The business set up in Venezuela is hierarchical (plays- teamwork and collaboration)

Due to the managers’ paternalistic attitude, the role often extends into giving advice on personal matters.

•Managers tell subordinates what they want done, although they may consult with subordinates with experience in a specific area before making decisions.

•Venezuelans focus on long-term rather than short-term goals.

•Men should not take off their suit jacket unless the most senior Venezuelan does, while women should never remove their suit jacket during meetings or negotiations.

•Women's opinions are generally well respected.

•It is important to have a wide range of contacts; this is a country where "who you know" is often more important than what you know.

Poor communication can devastate a company:

when an employee does not share ideas, or opinions with their superiors (fear), the decisions of that manager suffer, due to the lack of knowledge of what is really going on in the organization and with the market place.

Venezuela is seen to have a medium tolerance for change and risk; it is very relationship-oriented, therefore people will not want to upset others in order to push through a deadline.

MANAGEMENT LEADERSHIP

¢Venezuela has lack of good managerial leadership in the business sector.

¢Management leadership in Venezuela, emerged from the sindicato laboral.

¢Organizations are changing their structures to become linear (horizontal) where communication is direct and absent bureaucrazy makes the decision-making process more effective

¢The actual management in Venezuela is based on teams work and the interrelations between all the members of an organization.

¢This will aim at customer satisfaction and all the processes that make up its administrative management will focus on this goal as well which will make the organizational culture is customer oriented.

¢Management in Venezuela is a challenge, because environmental conditions are constantly changing, uncertain, turbulent, and risky. Companies have to be aware for a constant change among threats, opportunities

At the end of the presentation we saw a funny video of one guy that started making a very strange dancing and the people

started to followed him, he was a real leader!!