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Back in 2013, my own company was offshore outsourcing to four different countries: the Dominican Republic, Honduras, the Philippines, and India. After a while, it began to place an immense strain on our internal resources to manage all of the centers efficiently, effectively negating the cost-savings we were benefiting from.
Blake Mycoskie, TOMS shoes founder, set a goal of donating a pair to the needy for every pair sold, and maintains team commitment by providing international trips to assist partners in distributing shoes in interesting places, including Nepal and Honduras. Encourage your team to make decisions and take action.
Then, the next day you are the sales manager, and the following day, you are face of the company who is talking to people who want to invest millions in your company. Rita: My family owned a circus in Honduras up until the 1970s. What is interesting, too, is that as an entrepreneur, you must be flexible and wear many hats.
One survey of garment workers in Honduras, Myanmar, Ethiopia, and India found that many had no choice but to borrow money and go into debt. Managers who aren’t adapting their working models will be left wanting — and their organisations will pay the price.”. Just offering big budget salaries isn’t cutting it anymore,” she said.
In Honduras, the greatest compliment you can give a person is, “Listo” meaning, you’re ready. I am hoping girls and women hearing this, understand what Shikha is managing to do too. It does make you reflect on what you would have done as a brand in the biggest recession that we’ve experienced in our lifetimes.
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