How innovators behave

It’s not what you say, it’s what you do ‘The cowl does not make the monk’ is a common Spanish saying that could well be used to summarize the unsettling results of a statistical experiment we carried out. It was aimed at spotting differences in financial behavior and performance between innovators and non-innovators in Latin America. We selected thirty firms from the list of the biggest 600, publicly traded, non-financial companies in the region. The ones chosen, had been named the most innovative firms, on rankings published by Forbes, Fast Company, Strategy&, Dinero, La Nacion, and other (See list below). In all cases, they made these lists because of their reputation as product innovators. We then built a set of […]


“Latin America, the vision of its leaders” A book by Andrés Rugeles and 100 regional leaders

The Colombian Andrés Rugeles has achieved an almost impossible...

Global Tourism Industry on Track for Full Recovery by 2024

The global tourism industry is set to reach, and possibly surpass, pre-pandemic levels by the end of 2024, according to the World Economic Forum (WEF). Five years post-COVID-19, the sector is experiencing a robust resurgence driven by a surge in international travel, improved air connectivity, and strong rebounds in key regions. However, global dynamics must be managed carefully to ensure stable and continuous growth. In 2023, international tourism reached 88% of its 2019 levels, a significant recovery favored by the reopening of Asian markets, as highlighted by the United Nations World Tourism Organization (UNWTO). The Middle East led the way, surpassing pre-pandemic levels by around 20%, with Europe, the Americas, and Africa following close behind at approximately 90% of their […]