English
Español The maiden edition of the Continuity Program has taken place in Malaga and Seville on October 23 and 24, respectively. Therein, the speakers of the highest standards gave addresses that facilitated the understanding of political movements in Spain and in our environment.
Professor Fernando Faces offered an international insight under the premise of whether we are entering a downturn, facing the warning of a new recession.
Fernando was assisted by José María O´Kean, lecturer in applied economics at the Universidad Pablo Olavide, who alluded to digital evolution, as well as the impact this now has and will have in the future on companies. With this is in mind, he stated that the digital revolution is somewhat exponential, and companies’ adaptation is at the fore. Furthermore, he added that reaction times will become increasingly shorter and those companies who do not raise their game will be wiped from the market.
Miguel Cardoso, Head Spanish Economist for BBVA Research, referred to the downturn of the Spanish economy, though seen as a normal evolution of the cycle. He also mentioned the external risks, both on an economic, as well as geopolitical scale.
The event also boasted the participation of the most renowned experts in security and geo-strategy, Pedro Baños, Colonel of the Army, specialist in geostrategic aspects, defense, security, Jihadist terrorism and intelligence. Pedro Baños provided a global overview of the international geopolitical situation, which led him to state that China is turning into a threat for the USA due to its economic situation and technological advances. He ended by displaying his concern regarding the coming elections, in which populist movements are taking stronghold on national government, which could lead to them exercising disproportionate power in the Parliament formed following the elections in the month of March 2019.
In this session, the case study on Infosys was also analyzed, presented by its Co-Founder, Narayana Murthy. Infosys is an Indian company, founded in 1981 by seven engineers working in the same IT firm. It currently boasts more than 210,000 employees and invoices more than 11 billion euros annually, with a stock market value in excess of 42 billion euros.
