{"id":12868,"date":"2023-03-30T12:05:39","date_gmt":"2023-03-30T16:05:39","guid":{"rendered":"https:\/\/afcomunicacion.com\/uncategorized\/continuous-improvement-the-engine-of-the-regions-companies\/"},"modified":"2023-03-30T12:05:39","modified_gmt":"2023-03-30T16:05:39","slug":"continuous-improvement-the-engine-of-the-regions-companies","status":"publish","type":"post","link":"https:\/\/afcomunicacion.com\/en\/press-room\/continuous-improvement-the-engine-of-the-regions-companies\/","title":{"rendered":"Continuous improvement: the engine of the region&#8217;s companies"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li><em>Dominican business owners are encouraged to join the Best Central American Companies programme, where they will receive guidance on value creation, sales growth, operating margin, asset management, strengths and external factors, talent and sustainability.<\/em><\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color wp-block-paragraph\"><strong>March 2023.- <mark style=\"color:#005f21\" class=\"has-inline-color\">Deloitte<\/mark>, <mark style=\"color:#0eb928\" class=\"has-inline-color\">Banco Promerica<\/mark> <\/strong>and<strong><mark style=\"color:#005f21\" class=\"has-inline-color\"> INCAE Business School<\/mark><\/strong> held a talk for Dominican business owners on the <strong><mark style=\"color:#005f21\" class=\"has-inline-color\">Best Central American Companies (MECA)<\/mark><\/strong> programme, which focuses on continuous improvement as a key factor in the business model of companies seeking operational excellence.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color wp-block-paragraph\"><strong><mark style=\"color:#005f21\" class=\"has-inline-color\">MECA <\/mark><\/strong>seeks to recognise the operational excellence of mid-sized private companies in the Dominican Republic, Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica and Panama that stand out for their management and financial performance, through a continuous improvement process that guides participating companies, providing them with a free feedback report prepared by a multidisciplinary team of experts that identifies their main strengths and areas of opportunity, as well as a regional benchmark of the company against its industry.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color wp-block-paragraph\"><mark style=\"color:#005f21\" class=\"has-inline-color\">The programme drives continuous improvement by identifying areas of opportunity and sharing best practices from the business community, not only in Central America but globally, said Marianela Borjas, Risk Advisory Partner at Deloitte.<\/mark><\/p>\n\n\n\n<p class=\"has-black-color has-text-color wp-block-paragraph\">For <mark style=\"color:#0eb928\" class=\"has-inline-color\"><strong>Banco Promerica<\/strong> <\/mark>Dominican Republic, executive president Carlos Julio Camilo spoke of how important it is for the institution not only to bring the best financial solutions to its customers but also to support them in their development<em>. <\/em>&#8220;We are delighted to encourage our business customers to join this prestigious programme, which provides free support and feedback thanks to this alliance between <strong><mark style=\"color:#005f21\" class=\"has-inline-color\">Grupo Promerica<\/mark><\/strong>, <strong><mark style=\"color:#005f21\" class=\"has-inline-color\">Deloitte and INCAE Business School<\/mark><\/strong>.&#8221;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color wp-block-paragraph\">To take part in the third edition of <strong><mark style=\"color:#005f21\" class=\"has-inline-color\">MECA<\/mark><\/strong>, Dominican companies must register before 15 April at:www.mejoresempresasdelatinoamerica.com\/MECA. There is no cost at any stage of the programme, and companies only need to meet the following requirements:<\/p>\n\n\n\n<ul class=\"has-black-color has-text-color wp-block-list\">\n<li>Be a private company, majority-owned by capital from the region<\/li>\n\n\n\n<li>Have annual sales of between US$3 million and US$40 million<\/li>\n\n\n\n<li>Have been operating for at least 5 years, with profits in at least 2 of them<\/li>\n\n\n\n<li>Submit audited financial statements for the last 3 years &nbsp;<\/li>\n\n\n\n<li>Be willing to share information about their strategy and results in order to obtain a comprehensive diagnosis that supports the company&#8217;s decision-making.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color wp-block-paragraph\">Since 2021, the <strong><mark style=\"color:#005f21\" class=\"has-inline-color\">Best Central American Companies (MECA)<\/mark><\/strong> programme has been driven by <strong><mark style=\"color:#005f21\" class=\"has-inline-color\">Deloitte<\/mark>,<mark style=\"color:#0eb928\" class=\"has-inline-color\"> Grupo Promerica<\/mark> <mark style=\"color:#005f21\" class=\"has-inline-color\">and INCAE Business School<\/mark><\/strong>, which also take part in the advice participating companies receive: a multidisciplinary group of experts from the three organisations provides guidance and identifies each company&#8217;s main strengths and areas of opportunity, using a methodology that is the result of the programme&#8217;s thirty years of experience worldwide. It is a working model that shows how a company creates &#8220;value&#8221; and what actions it should take to improve its results through five drivers:<\/p>\n\n\n\n<ol type=\"1\" start=\"1\" class=\"has-black-color has-text-color wp-block-list\">\n<li>Sales growth<\/li>\n\n\n\n<li>Operating margin<\/li>\n\n\n\n<li>Asset management<\/li>\n\n\n\n<li>Strengths and external factors<\/li>\n\n\n\n<li>Talent and sustainability<\/li>\n<\/ol>\n\n\n\n<p class=\"has-black-color has-text-color wp-block-paragraph\">Diana Espinoza, head of <strong><mark style=\"color:#005f21\" class=\"has-inline-color\">Best Central American Companies<\/mark><\/strong>, highlighted that every company that completes the documentation process, regardless of the outcome, will receive a comprehensive diagnosis, which will be vital for reinventing itself and making strategic decisions that contribute to growth across the organisation.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color wp-block-paragraph\">This year the programme was presented at an in-person event held at the <strong><mark style=\"color:#005f21\" class=\"has-inline-color\">JW Marriott hotel in Santo Domingo<\/mark><\/strong>, attended by a group of <strong><mark style=\"color:#0eb928\" class=\"has-inline-color\">Banco Promerica<\/mark><\/strong> business customers in the Dominican Republic, together with executives from the bank, <strong><mark style=\"color:#005f21\" class=\"has-inline-color\">Deloitte and INCAE Business School.<\/mark><\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/afcomunicacion.com\/wp-content\/uploads\/2022\/09\/banco-promerica-logo-DB8A2BA7D2-seeklogo.com_.png\" alt=\"\" class=\"wp-image-7321\" width=\"240\" height=\"142\" \/><\/figure>\n\n\n\n<p class=\"has-black-color has-text-color wp-block-paragraph\"><strong>About Banco Promerica<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-justify has-black-color has-text-color wp-block-paragraph\">Headquartered in Santo Domingo, <strong><mark style=\"color:#0eb928\" class=\"has-inline-color\">Banco Promerica<\/mark><\/strong> is a multiple bank with 22 years of local presence, focusing on personal customers, small and medium-sized businesses, corporate and institutional clients, and the Payment Methods business. <strong><mark style=\"color:#0eb928\" class=\"has-inline-color\">Banco Promerica<\/mark><\/strong> is a member of <strong><mark style=\"color:#005f21\" class=\"has-inline-color\">Grupo Promerica<\/mark><\/strong> (through the holding company <strong><mark style=\"color:#005f21\" class=\"has-inline-color\">Promerica Financial Corporation<\/mark><\/strong>), made up of nine banks operating in Central America, Ecuador, the Cayman Islands and the Dominican Republic.<\/p>\n\n\n\n<p class=\"has-text-align-justify has-black-color has-text-color wp-block-paragraph\">Through the financial services it offers, <strong><mark style=\"color:#005f21\" class=\"has-inline-color\">Grupo Promerica<\/mark><\/strong> constantly contributes to financial inclusion and to the economic progress of the societies and communities it serves.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color wp-block-paragraph\"><em>Find out more about<mark class=\"has-inline-color has-vivid-cyan-blue-color\"> <a href=\"https:\/\/afcomunicacion.com\/nosotros\/\">AF Comunicaci\u00f3n Estrat\u00e9gica<\/a><\/mark><a href=\"https:\/\/afcomunicacion.com\/nosotros\/\"> <\/a>and&nbsp;<a href=\"https:\/\/afcomunicacion.com\/nuestros-clientes\/\"><mark class=\"has-inline-color has-vivid-cyan-blue-color\">its clients<\/mark><\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>March 2023.- Deloitte, Banco Promerica and INCAE Business School held a talk for Dominican business owners on the Best Central American Companies (MECA) programme, which focuses on continuous improvement as a key factor in the business model of companies seeking operational excellence. MECA seeks to recognise the operational excellence of mid-sized private companies in the [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":7941,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[485,486],"tags":[2356,2944,2395,2396,2945,2397],"class_list":["post-12868","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-en","category-press-room","tag-banco-promerica-en","tag-deloitte-en","tag-grupo-promerica-en","tag-incae-business-school-en","tag-meca-en","tag-mejores-empresas-centroamericanas-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.3 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Continuous improvement: the engine of the region&#039;s companies - AF Comunicaci\u00f3n Estrat\u00e9gica<\/title>\n<meta name=\"description\" content=\"MECA drives 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