Competitiveness

Competitiveness

1. Competitiveness concept (for country and company) vs economic competitiveness

   • Country’: the ability to compete effectively in international markets.
     • Company: ability to provide products and service to be more effectively and efficiently than the competitors
       • Economic competitiveness: capability of a country or company that has to achieve profitability in the market in relations to its competitors

2. Global competitiveness index

   • 12 pillars: Institutions,Infrastructure, ICT adoption,communication, Macroeconomic stability,health, skills, product market, labour market, financial system, market size, business dynamism and innovation capability
   • 5 first positions: Singapore, United States, Hong Kong, Netherlands and Switzerland
     • It covers 141 economies, measures national competitiveness.

3. World competitiveness ranking IMD.

   • help countries achieve prosperity and higher quality of life.
     • 5 first positions: Singapore, Hong Kong, USA, Switzerland and UAE.

4. General concepts of public integrity index

   • Public integrity: prioritizing the public interest over private interests in the public sector.
     • Innovation- annual ranking in the countries by the capacity and sources of innovation.
       • Corruption perception- perceived levels of public sector.
         • Public integrity- ethics, values prioritizing public interest.
           • Life satisfaction- measure the psychology well-being
             • Well-being- perception of their lives and their daily experience
               • Environment performance index

5. Mexico and its competitiveness world position

   • WEF- 48/41
     • IMD- 50/63

6. Competitiveness and productivity

   • Productivity helps to win competitiveness because with. Productivity you can produce goods and you need to be able to compete with others.

7. Competitiveness in companies

   • Five forces: competitive rivalry, bargaining power, customers and suppliers, threats : new entrants and substitutes products.

8. Country cases of competitiveness

   • Ethics, government strategies they keep the money to invest invest in education or health , stock exchange

9. Competitive advantage

   • Cost leadership strategies, differentiation leadership strategies. (Blue ocean)

10. Top 5 economic companies in Mexico

    • Pemex, America móvil, Walmart Mexico, CFE, FEMSA

11. General strategies in companies to be competitive

    • They never stop innovating, they bet in honesty, offer products and service that are out of the ordinary, bet on creativity, they offer a unique guaranteed