Comparative management International management and business Doing business in Latin America History of Venezuela Venezuelan economy Venezuelan mentality and society Business culture in Venezuela Venezuelan management
The thesis seeks to offer knowledge and insight into management and business in the
South American state of Venezuela. We have been at pains to context this
characterization; so the thesis begins with sections devoted to the history, society and
economy of Venezuela and seeks to emphasize factors which have served to shape
business practice and values. This is followed by presenting the results of the first
episode of field work, interviews carried out in Germany with managers having
business and management experience in Venezuela this material being used to form a
preliminary characterization. This concludes Part I of the thesis.
In Part II the results of quite extensivef ieldwork on Venezuelai tself are presented.T his
fieldwork was in the form of numerous company visits and executive interviews,
supplementedb y periods spent as an observeri n one or two Venezuelano rganizations
and by interviews with others having relevant knowledge of business practice in
Venezuela, for example, consultants and management educators. The discussion
illuminates some key features including personalism, the importance of social networks,
the emphasis on the human aspects of management, and the expectation of employees
that bosses will be both decisive and paternal. We also highlight factors that have
tended to restrain entrepreneurialism and management proactivity, including the effects
of oil wealth.
A Doctoral Thesis. Submitted in partial fulfillment of the requirements for the award of Doctor of Philosophy of Loughborough University.