The rise of the multilatinas
For decades, international commerce was dominated by North American, European, and Japanese companies. But with globalization and stronger international markets, a development that sparked mergers and acquisitions of companies operating in developing and emerging countries, Latin American companies are now garnering attention and expanding their operations worldwide. This article discusses the factors driving Latin America's rise into global business. In doing so, it describes the region's need for seasoned project managers. It then explains the nature of project management in Latin America, noting how companies must confront the challenges involved in developing an appreciation for project management, an appreciation which could help companies expand their operations and realize their potential.