Carlos Slim Helú summarizes what he considers to be the Group’s business principles in 10 points, which have been communicated to his relatives, colleagues, employees and work force.

  1. Have always simple organizational structures, minimal hierarchical levels; provide human and in-house development of the executives; maintain flexibility and fast decision-making capability; work with the advantages of a small company.

  2. Maintaining austerity in good times strengthens, profits and accelerates the development of the company and averts the bitterly drastic adjustments in times of crisis.

  3. Stay focused on modernization, growth, training, quality, simplification and the continuous improvement of production processes. Increase productivity and competitiveness, reduce costs and expenses by using global benchmarks.

  4. Companies should never be limited by the size of the owner or manager. Do not feel big in our small corral. Minimize investment in non-productive assets.

  5. There is no challenge that we cannot overcome by working united, and with clear vision in the goals and knowing the tools.

  6. Money that leaves the company evaporates; this is why we reinvest profits.

  7. Corporate creativity is not only applicable to business, but also to solving many of society's problems. This is what we do through the Group's Foundations.

  8. Firm and patient optimism always yields its rewards.

  9. All times are good times for those who know how to work and have the means to do so.

  10. Our premise is and has always been that we leave with nothing; that we can only do things while we are alive and that businessmen are creators of the wealth they temporarily manage.

Carlos Slim took some of these points from business lessons from his father, Julián Slim Haddad, who brought his son to work at a very young age and noted his unique interest in commerce.

 

Carlos Slim, in a letter to the university community, gives advise to the most outstanding students on what, in his opinión, are the most important things in life.

Mexico City, June 1994

I write to you this letter in order to share some of my life experiences, hoping it will contribute to your education, your way of thinking and living, your emotional well-being, your sense of responsibility to yourselves and to others, your maturity, and above all, to your happiness, which should be the result of your daily existence.

You are privileged within society due to your talents and efforts, and for the best reason, your own worth. Continue...


We all want a country with security, education, employment, health and economic growth.This is the time to join wills … In Mexico we agree.

The Chapultepec Agreement, whose full name is the National Agreement for Unity, Rule of Law, Development, Investment and Employment, is a document signed by many segments of Mexican society, including politicians, athletes, academics, farmers, businessmen, students, intellectuals, media, professionals, artists and other members of civil society, all of whom have accepted joint responsibility for the growth of the country, respectful of the State’s constitutional role, to coordinate and lead the effort of all Mexicans in the growth and development of Mexico; more than 1,200,000 individuals interested in the welfare and development of the country have endorsed this agreement.

The Chapultepec Agreement has the following objectives:

  1. Rule of Law and Public Security.
    Consolidate the rule of law in a democratic regime that guarantees freedom, human and social rights, physical and legal security.
  2. Development with Justice: Economic and Employment Growth.
    Achieve accelerated, sustained and sustainable growth with employment and with redistribution policies.
  3. Train and Develop Human and Social Capital.
    Provide More and better health and education.
  4. Development of Physical Capital.
    Accelerate construction of infrastructure and housing.
  5. Public Administration Reform.
    Make government more efficient and transparent in the service of its citizens.

www.acuerdodechapultepec.org.mx

 

 

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