Publication of the ongoing research project

The Ibero American Institute of Best Practices conducted a comprehensive research study in countries of the region to investigate the challenges faced by companies in pursuit of sustainable development. The results revealed a concerning trend: the life expectancy of new companies ranged from 3 to 8 years. Surprisingly, the lack of adoption of best practices during the expansion of operations was identified as the main cause of this scenario.

The short life expectancy of Ibero-American companies is an alarming and recurring issue in the region. Many organizations struggle to stay in the market for a longer period, which poses a challenge to the economic and social development of these countries. Understanding the reasons behind this reality is essential in seeking effective solutions.

The concept of sustainable development is increasingly relevant in the business world. Companies that aim to thrive in the long term need to consider not only profitability but also the social and environmental impact of their operations. The adoption of sustainable practices not only strengthens the company's reputation but also creates a more favorable environment for growth and innovation.

One of the key findings of the research is that many companies are not implementing the best business practices that could drive their sustainable development. The lack of adoption of proven strategies and resistance to change can hinder the growth of organizations, limiting their chances of survival in the competitive market.

Another critical point observed is the tendency of companies to seek expansion or enlargement of their operations without a solid foundation established. The absence of consistent strategic planning can lead to misguided decisions and misdirected investments, significantly increasing the risk of business failure.

The adoption of best practices can positively impact the development of Ibero-American companies in various areas. By implementing sustainable strategies, organizations can reduce operational costs, optimize processes, increase efficiency, and minimize environmental impacts. Additionally, social responsibility and transparency in actions can enhance the trust of customers and investors, attracting more business opportunities and partnerships.

The research conducted by the Ibero American Institute of Best Practices highlighted the importance of adopting best practices for the sustainable development of companies in the region. The short life expectancy of organizations is directly linked to the lack of application of solid and sustainable strategies during the expansion of operations.

To overcome this challenge, it is essential for companies to understand the significance of sustainable development and social responsibility. Consistent application of best practices, investment in strategic planning, and the pursuit of innovation and efficiency can create a more conducive environment for long-term business growth.

Only through continuous commitment to best practices can Ibero-American companies strengthen their resilience, promote economic and social development, and extend their life expectancy in the global competitive market. With collective and conscious efforts, it is possible to build a more prosperous and sustainable future for the entire region.