Spain's business 'beautis.' (Spanish executives)
Article Abstract:
A new class of business people called the 'beautis,' or 'beautiful people,' is dominating the political and economic environment in Spain. Some 90% of the new businesspeople have a 'get rich quick' attitude. Foreign investment has been an important part of the change in management. The percentage of shares of Spanish firms in foreign countries was 29.2% in 1990, compared to 19.2% in 1980. The average salary of senior managers in Spain grew by 85% between 1984 and 1990. Most of the top executives in Spain have been trained at the Instituto de Estudios Empresariales. Spanish executives are not as advanced as executives from other countries in certain areas, including their negative attitude toward women in management, and their lack of internationalization of operations.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1991
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All the king's men
Article Abstract:
A new breed of business entrepreneurs are creating a new corporate culture in Spain. This elite class are part of that segment of the Spanish business community that has made efforts to respond to King Juan Carlos' call for significant changes to be made in Spanish society. Among the very few who constitute this entrepreneurial elite are food processor Campofrio's head Pedro Ballve, Banco Espanol de Credito Pres Mario Conde, Rioja wine exporter Primitivo Gurpegui, and cava sparkling wine exporter Freixenet's Director-General Jose Luis Bonet Ferrer. These group of businessmen are credited with making their organizations the models of successful Spanish business and are gradually replacing the 'old grandees' of corporate Spain.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1992
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