South American Plus Global Trip

sao_paulo_0311.htm

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Morning

 

Company visit EDS

In the morning we went to EDS.  The VP of the Southern cone spoke with us about doing business in the southern cone.  He talked about the differences in the three countries and the challenges of doing business in Brazil.  He actually focused more of his talk on his personal career and his personal managerial style.  It was quite inspirational. (Kristen)

We visited EDS and received a presentation from Chu Tung the president of EDS in Brazil. He was accompanied by their heard of marketing and communications. This was one of the best presentations we received.  Chu Tung shared his views about leadership and managing in Latin America. (Sonal)

Afternoon

 

Company visit Banc de Brazil

The Banco do Brasil presentation was by far the best to date. They did an awesome job of answering all of our questions about their operations and performance measures.  At first they seemed preoccupied with staying on schedule, but it became obvious that they wanted to make sure that we left no stone uncovered.  They even recapped Enrique’s question about farm subsidies several times. These guys are awesome and it made me proud to know that I was going into the banking industry.  They didn’t hide, shriek or cower and they had great food.  (Brodrick)

In the afternoon we went to Banco Do Brazil.  This was interesting for the way in which the organization has to walk the tightrope between operating as a private entity and as an agent of the Brazilian government.  The Brazilian government is the majority owner of the bank and on occasion forces the bank to purchase public debt when the market doest absorb it all. (Chris T.)

Very nice, friendly people.  Surprisingly young for their positions – although we were warned that this would be the case before we came to South America. (Chris T.)

 Over 80% of banking transactions in Brazil are done electronically at ATMs or via Internet (Sonal)

During the afternoon, we went to Banco do Brasil. As a former banker, I had high expectations for this visit, and the presenters did not let me down at all.  I would strongly recommend that future practicum projects be engaged with this company.  Every single question was clearly and concisely answered and the presentation was very well organized covering the major lines of business of the bank. By far, the best company visit during the trip. (Enrique)

Evening

 
   

 

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Last modified: March 31, 2003