Carolina Dems: “Companies are finding it hard to fill jobs”

The macroeconomic scenario clearly presents great challenges, particularly due to the need to address the underlying issues associated with public accounts.Carolina Dames, Dean of the IAE Business School of Australian University.

An expert in business management and company policy issues, he warns about the impact of volatility on key variables, such as acceleration. price rise the wave Currency differenceabout the decisions of investment And possibility Job creation.

In this context managing companies present enormous challenges due to the lack of clarity regarding inflation levels, exchange rate evolution and different exchange rates. With all the complications this creates. there is Lack of clarity about the future and all the uncertainty generated by the macro context, Which is a product of many years of not addressing the underlying issues,” says the accountant, who completed his MBA at the London Business School in the United Kingdom and is an investor in the NXTP accelerator.

“We know that too Addressing these core issues is complex and requires the consensus of various actors in society; These are the issues that should be put on the table and discussed so that the necessary agreements can be made and the changes the country needs can be brought about. The medium-term perspective is uncertain, but clearly the hope is that, as a country, we owe this challenge”, adds the expert, who emphasizes The need for more women to join leadership roles in the private sector.

-You talked about the lack of clarity, in what aspects do you see it?

– Needed More clarification on the rules of the game. It is a decisive factor. If we think about an investment decision that a company has to take, it is a major one that is stable and can be achieved by consensus. It is the cornerstone for any decision. It requires a vision of the country that allows us to understand the North, where it should go, and what the conditions are to get there.

– And what are those conditions?

-I I envision a country that can compete internationally, leveraging its strategic assets. It is about being a country that benefits from sectors that have an impact on the economy today, a country that thinks about how to promote those sectors. If we think about agriculture, for example, it is to see how to make it more competitive and that can have a greater impact. If we go to the areas related to technology, in which Argentina has shown that it can play an important role.It’s about understanding what are the areas in which we can continue to produce entrepreneurs or companies. which can competitively provide services to the world and promote or generate economic action for such initiatives to emerge.

– What is missing to enhance it?

Entrepreneurial credit has been greatly encouraged in many countries And there are many success stories, starting with countries like Israel and New Zealand. What is seen is that investment in high-impact innovative projects generates externalities in the economy that are very important, such as job creation, increased exports, generation of innovation through the generation of patents. For this reason, important programs such as the Fonds (Trust Fund for the Development of Industrial Capital) were launched at that time, in which the state converted private capital funds into entrepreneurial capital. This can generate high impact, as a virtuous cycle is generated where there is a large number of startups and an entrepreneurial culture in the long term, with greater access to credit. They are long-term decisions, and require agreement on policies, because none of these programs have very short-term effects, but their results are seen over a period of 10 or 20 years. Therefore, a vision of the future is necessary and the foundation laid so that this can become a reality. I believe a lot in the Argentine entrepreneur and his potential, and I think we really have to support that ecosystem so that companies continue to be produced.

-Why are there so many unicorn cases in Argentina? What does it explain?

Entrepreneurship is in culture. When one studies why some societies have more or less entrepreneurial culture, much has to do with its origins. You are more likely to be an entrepreneur if you have parents or family; It has something to do with culture. There are so many SMEs and entrepreneurs in Argentina and, in turn, the Argentine entrepreneur faces so many challenges to do business, that we really generate very important resilience and adaptability, which are traits that help a lot to succeed in projects. . It’s a bit of DNA and a bit of training for survival in a context of volatility that requires flexibility and adaptability. And, later, I think that the academic level of the university in Argentina is also very good; There are many abilities that we have developed that help. I think this scheme should be supported, so that entrepreneurs can stay in the country and stay in the country as long as possible before the externalities I was talking about. Latin American markets other than Brazil are small for the type of projects that require economies of scale and huge investment. It is a great possibility. Because he is thinking from Argentina to the world. It is a journey that we have seen through many enterprises, such as Mercado Libre, Globant and I can name many others, who created innovative projects and competed in the world.

Carolina Dems: “It is an important factor that there is more clarity on the rules of the game”Santiago Filippuzzi – The Nation

– Is it enough to promote this segment in the current economic context in the country?

-Obviously, this is an issue that can be worked on, but the impact is medium and long-term. It is not short-term and there must be other actions along the way to include those who need higher skills to be able to re-insert themselves into the labor market. Not that I have a financial plan, but You have to know what to do with generating startups whose impact builds over time, decades. And Argentina deserves that look to build that future and, in the meantime, generate the capacities for inclusive productivity.

-What is your vision on the issue of training and education of the labor force in Argentina today?

-Recently we conducted a survey among businessmen at IAE. And one of the problems we’ve found is the difficulty in finding talent. In a survey of the small and medium-sized business sector, 74% of employers said they had difficulty finding talent and filling some positions, and attributed that to certain types of tasks and a lack of training and education. And there are also difficulties in finding talent, because there are professionals who are working in the global market. Today the labor market has become global and one can work anywhere in the world from Buenos Aires. The professional talent market also became more complex. And today, attracting or retaining talent is proving to be a major challenge for organizations of all types. In terms of the future, certainly in that long-term vision of the country, education plays a fundamental role, and we owe it to ourselves to address these underlying issues. And not to mention the epidemic implications.

– What are the most important outcomes?

-The effect is different depending on the educational level. In university and postgraduate education, the feedback can be very good and I believe that to make the classes very sustainable, the mobility can be converted into a virtual format; There is no delay at this level in the dictation of programs. In the earliest educational levels, the effect will be seen over time, but clearly we have to be careful to measure them, to see if there are delays that have an effect in the medium and long term.

How has the place of women changed in the world of work?

He is holding a leadership role in the company and will continue to grow over time. It is a trend that is seen in the world, And that’s why it happenede women enter the labor market and have their own characteristics; Makes a contribution that helps empower organizations and society. Our way of communicating, resolving conflicts, making decisions, and defining strategies is, in some ways, different and complementary to men’s, and in fact, I believe that men and women working as a team is a leadership style that has evolved. Staying I believe in the complementarity of men’s and women’s work and it is important to help re-evaluate women’s contributions, so that more women see that it is a possible path. Many times they believe that they do not have the ability to reach certain places, and seeing that it is possible to lead and, in turn, have a family I have assumed as a responsibility. There is a topic that is well studied in the entrepreneurship literature, and It is found that women are less Entrepreneurial self-efficacy, That is to say, they do not believe they have the ability to be able to undertake their high-impact initiatives, and that is something that prevents them from wanting to undertake high-impact projects. To get capital. In this, the ideals [figuras inspiradoras] Very important, and so is the function of guidance. That’s why it’s so important that more women reach leadership positions.

– Do quota policies work?

-They were necessary at the time, because there was no real evidence of women’s contributions. I think today There is no doubt that women contribute a lot to the company and society in general. And, in fact, in an entrepreneur’s view that contribution is valuable. For this reason, since there is already evidence to establish quotas in some industries and in some positions, it does not make much sense today.

What measures do you consider necessary to encourage investment in the country?

-The first step is, obviously, to generate macroeconomic stability, to address the underlying issues that allow controlling the level of inflation and its impact on the exchange rate. This creates a reduction in uncertainty. For all this, the rules of the game need to be clear. I believe that the context of the proximity of the elections probably creates additional instability or insecurity about which government or political party will rule from next year and, ultimately, how it will deal with important issues that have to do with resolution. National Accounts. Which is easy to say, but not so easy to solve.

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