Mexico climbs two positions this year in the global innovation index to 56th place worldwide and third in Latin America, just behind Brazil and Chile. In addition, the country ranks in the ranking of creative goods exports.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

EGADE Business School—Tecnológico de Monterrey, the only Mexican institution in the Global Innovation Index (GII) Academic Network, provided significant input for the research of the 2024 global report. 

The school, represented by Horacio Arredondo, dean of EGADE Business School, and José Ernesto Amorós, associate dean of faculty, provided key knowledge and analyses for the preparation of the index. 

Amorós, who also leads Tec's Entrepreneurship and Innovation with Impact Research Group, commented: "Mexico's results in the GII reflect not only the country's potential but also the challenges we face in rethinking the future of business in Mexico and Latin America. Promoting policies and strategies that impact the region's sustainable development and strengthen our innovative capabilities is crucial. We need to improve our rule of law and regulatory framework to offer more incentives for innovation, particularly in the private sector."

In the GII 2024, Mexico ranked 56th globally, climbing two places compared to the previous year. In Latin America, the country is ranked third, just behind Brazil and Chile, establishing itself as a key player in the region's technological and creative sectors.

The report highlights Mexico's strengths in specific areas, such as creative goods exports, where it ranks 1st worldwide, and high-tech exports, in 11th place. These results underscore the country's competitiveness in high-value-added industries.

Mexico ranks 10th among 34 economies in the index for upper-middle-income economies, demonstrating its competitiveness compared to countries with similar economic characteristics. Furthermore, it stands out globally in innovation output (52nd place) compared to innovation input (73rd place), indicating that it is more efficient in converting its investments in innovation into tangible results. However, Mexico does not have any science and technology clusters in the global top 100, an area in which it could strengthen its performance.

On the other hand, Mexico displays weaknesses in some key indicators. Its lowest rankings are in Institutions, 106th place, reflecting challenges in the quality of the institutional environment; Infrastructure, 71st place, an area that requires improvement through investment; and Human Capital and Research, 63rd place, underlining the need to strengthen investment in education and scientific research.

The GII, published by the World Intellectual Property Organization (WIPO), now in its 17th edition, gauges 133 economies across the world, measuring not only technological advances but also social innovations and business models that promote sustainable and inclusive development.

View the full index here; the specific report on Mexico is available here. 

The community aims to connect business leaders, promote the exchange of best practices, and facilitate networking to drive organizational innovation.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

EGADE Business School—Tecnológico de Monterrey officially launched the EGADE Innovation Community in Monterrey on October 8, consolidating its commitment to connecting and collaborating with innovation leaders to accelerate business development in the region.

This professional community has gone from strength to strength in Mexico City since its creation in 2023, propelled by Fernando Moya, director of the Department of Entrepreneurship and Technological Innovation at EGADE Business School, and Cristian Granados, professor in the same department.

The community is now expanding to Monterrey to promote the exchange of best practices and business networks.

Horacio Arredondo, dean of EGADE Business School, highlighted that this initiative aligns with the school’s strategy and commitment to innovation as a driver of sustainable development in Latin America.

Cristian Granados explained that the EGADE Innovation Community emerged in Mexico City in response to the initiative of Alma Álvarez, Global Innovation director for Grupo Bimbo, and has grown with itinerant sessions at the corporate offices of BBVA, McKinsey, Amazon, and Bayer, among others, addressing key topics such as decarbonization, clean energy and innovation culture.

The academic stressed that the community is based on four pillars: knowledge, networking, co-creation, and challenges, and that EGADE Business School acts as a neutral space where its members can share their challenges and experiences in a climate of trust.

The event included a panel moderated by Isaac Lemus, professor in the Department of Entrepreneurship and Technological Innovation at EGADE Business School, with the participation of Elisa Escalante, Marketing director at Oracle; Carlos Flores, Business Development leader at Wayra Hispam; and André Soresini, general director of the Vaccine Unit at Sanofi México.

They discussed topics such as the community’s impact on innovation management, the importance of capitalizing on professional diversity to foster innovation, and the prominent trends that affect industries.

Escalante mentioned that the community's diversity has enriched the way they approach challenges at Oracle, noting that diverse professional experiences enable more complete, effective solutions. 

Flores commented that the community's "white flag" approach has been crucial to sharing challenges and solutions openly between companies from different sectors and highlighted that cross-sector collaboration enriches ideas.

Soresini then indicated that the community has allowed him to explore vulnerabilities and learn in a safe space, recognizing that problems in innovation are common to multiple industries.

The event ended with announcements on the next sessions in Monterrey and the launch of the EGADE Innovation Community in Guadalajara. It was followed by a networking space in which the participants had the opportunity to strengthen ties and share experiences.

In his key conference, Raúl Montalvo highlighted Industry 5.0's potential to create a more sustainable and efficient future. Juan Enciso, Abhishek Nayak, and Gilberto Olavarrieta offered a data analytics workshop.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

“Industry 5.0 is an opportunity to integrate smart technology that not only automates processes but also generates value in operations,” affirmed Raúl Montalvo, director of EGADE Business School - Tecnológico de Monterrey, Guadalajara site, during his participation in the Lean Organizations Summit 2024, organized by the Monterrey Competitiveness Center and CAINTRA (Chamber of the Transformation Industry of Nuevo León).

In his keynote, "Digital revolution: innovating and transforming in the Industry 5.0 era," Montalvo explained that Industry 5.0 is not only about technology but also an evolution in which companies need to integrate smart technology to positively impact all their operations.

"We have moved on from talking about technology to talking about smart technology, a technology that can make decisions on its own, generate impact, and add value," he said.

He also emphasized the importance of creating a digital culture within organizations to ensure the effective adoption of technology that will contribute to long-term success.

He commented that Artificial Intelligence (AI) is crucial for Industry 5.0, given its capacity to automate and optimize processes, generating value and agility in organizations.

He explained that AI enables predictive maintenance, analyzing large amounts of data in real-time, and making automated decisions, thus improving operational efficiency.

Montalvo stressed that artificial intelligence must be integrated intelligently to maximize its positive impact and contribute to a sustainable, efficient future.

He also emphasized that companies should invest in research and development and develop strategies that allow them to adapt and collaborate across sectors to maximize the opportunities offered by Industry 5.0.

"It is of prime importance that organizations learn to see technology as an ally instead of a threat and focus their efforts on optimizing processes and personalizing experiences for their customers."

The Lean Organizations Summit, held from October 8 to 10 in Monterrey, brings together senior executives, operational staff, and SMEs to explore trends, challenges, and best practices in implementing innovative solutions that improve productivity.

Other experts from EGADE Business School also participated in the event and shared their knowledge with the attendees.

Juan Enciso, director of the EGADE - W. P. Carey Executive MBA; Abhishek Nayak, director of the Master in Business Analytics; and Gilberto Olavarrieta, Business Intelligence professor, offered the workshop "Data Analytics: Identify strategic information," aimed at large enterprises and focused on the use of advanced analytics tools to make informed decisions and transform data into strategic information that drives business innovation and growth.

The EGADE Full-Time MBA, Master in Finance, Master in Business Analytics, and Master in Business Management rank #1 in Mexico and Latin America in their respective categories.

By INSTITUTIONAL COMMUNICATIONS | EGADE BUSINESS SCHOOL

EGADE Business School at Tecnológico de Monterrey reaffirmed its position as a leader in postgraduate business education in Mexico and Latin America, according to the 2025 QS Global MBA & Business Master’s Rankings by Quacquarelli Symonds (QS).

The EGADE Full-Time MBA and Master in Finance programs have been recognized as the best in Latin America for the eighth consecutive year, consolidating themselves among the best in the world in graduate performance, employability, and thought leadership. In addition, EGADE’s Full-Time MBA climbed six places in this edition, moving from #62 to #56 globally, standing out as the only program in Mexico that appears in the Top 100 Global out of 340 MBA programs evaluated across 58 countries.

In addition, the Master in Business Management and the Master in Business Analytics stand out as the best in Latin America, ranking within the top 25% worldwide in their respective categories.

QS GLOBAL MBA RANKINGS 2025
The EGADE Full-Time MBA consolidated its leadership in the region, achieving:

• #1 in Mexico and Latin America out of 12 evaluated programs for 8 consecutive years.
• #1 in Entrepreneurship and Alumni Outcomes in Latin America and #16 globally.
• #1 in Thought Leadership in Latin America and #55 globally.
• #56 globally out of 340 evaluated programs, climbing 6 positions.

QS BUSINESS MASTER'S RANKINGS: FINANCE 2025
The Master in Finance secured its position as the best in the region, ranking:

• #1 in Mexico and Latin America for 8 consecutive years.
• #29 in Employability globally.
• #41 globally out of 222 programs, advancing 2 positions.

QS BUSINESS MASTER'S RANKINGS: BUSINESS ANALYTICS 2025
The Master in Business Analytics maintained its leadership, ranking:

• #1 in Mexico and Latin America for 2 consecutive years.
• #16 in Alumni Outcomes globally.
• #38 globally out of 164 programs evaluated.

QS BUSINESS MASTER'S RANKINGS: MANAGEMENT 2025
The Master in Business Management program also excelled with:

• #1 in Mexico and Latin America.
• #37 in Alumni Outcomes globally.
• #47 globally out of 206 evaluated programs, climbing 4 positions.

 

 

 

 

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The QS rankings methodology considers business schools' reputations from the perspective of approximately 60,000 global employers and 40,000 academics and evaluates factors such as employability, entrepreneurship, thought leadership, alumni outcomes, return on investment, and student and faculty diversity.

“These remarkable results reflect the exceptional quality of our students, graduates, faculty, staff, and partners. They demonstrate our unwavering commitment to the excellence, relevance, and innovation of our educational model and to achieving the best outcomes for our graduates in partnership with the world’s top employers. This latest recognition by QS inspires us as we enhance our commitment to our purpose:  Rethink the future of business to impact the sustainable development of Latin America,” stated Horacio Arredondo, Dean of EGADE Business School.

These rankings, prepared by QS, highlight the most in-demand postgraduate programs among global employers and only include schools accredited by AACSB, AMBA, or EQUIS, all of which are certifications held by EGADE Business School as part of the prestigious "Triple Crown."

The full results of the 2025 QS Global MBA & Business Master’s Rankings have been available since 25 September at the following links:

• QS Global MBA Rankings 2025
• QS Business Master’s Rankings 2025: Finance
• QS Business Master’s Rankings 2025: Business Analytics
• QS Business Master’s Rankings 2025: Management

EGADE Business School's participation reinforces its leadership in themes related to family businesses, innovation, and sustainability.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Experts from EGADE Business School and the Institute for Enterprising Families at Tecnológico de Monterrey participated as speakers in the  XIX Industrial Conference in Guatemala, organized by the Guatemala Chamber of Industry (CIG).

This event, held on September 20 in Guatemala City, was attended by the President of the Republic, Bernardo Arévalo, and business leaders from Guatemala and the Central American region.

One of the participants was Horacio Arredondo, dean of EGADE Business School, who delivered the conference "When the next generation speaks, does anyone listen?" in the "Family Businesses" module.

His conference addressed the value of listening to the new generations when making decisions in family businesses, highlighting the importance of preparing these companies' futures through intergenerational dialogue.

Arredondo also moderated the panel "The vision of the new generations: A conversation with the future of companies," which included the participation of Estuardo Dougherty, Operational Excellence Manager of Grupo Progreso; Nicole De la Cerda, Head of Strategic Projects at Castillo Hermanos, and Inés Torrebiarte, Board Member of SUMITO Corp and Courban.

María Fonseca, director of Tecnológico de Monterrey's Institute for Enterprising Families, complemented this module with her conference "Generational Perspectives in the Family Business: exploring the Differences in Family, wealth and Society." In it, she highlighted the strengths and tensions between the mindsets, values, ​​and non-negotiables of baby boomers, generation X, millennials, and Generation Z.

In addition, Eduardo Aguiñaga, national director of Full-Time Programs at EGADE Business School, participated in the "Sustainable Industry" module with the conference "Innovation towards a sustainable future: Integrated strategies in resource management – ​​Circular Economy."

In his talk, Aguiñaga explored how the Circular Economy can transform business models towards sustainable growth.

The Industrial Congress brought together over 2,000 representatives from various business sectors in Guatemala. They participated in 10 thematic modules, such as "Energy," "Sustainable Industry," "Family Businesses," and "Business Integrity and Reputation."

The event also hosted the Industry Supplier Tradeshow, with over 50 stands, including one for EGADE Business School, where it presented its academic offering.

During this visit, Arredondo delivered an additional conference on September 19, "Organizational transformation: How to do business in the new era," at the Westin Camino Real Guatemala, targeting the country's professionals and executives.

With this outstanding participation, EGADE Business School continues to establish itself as a benchmark in innovation, sustainability, and family businesses in Latin America.

According to a report by Arthur D. Little presented during the event, only 13% of CEOs have adopted a comprehensive AI strategy at the organizational level.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

EGADE Business School - Tecnológico de Monterrey invited business leaders to dialogue on the impact of artificial intelligence and the current economic context.

The event, held on September 18 at the Monterrey site, featured a dialogue on the main trends defining business growth, highlighting AI as a key driver.

The meeting included two discussion panels and the presentation of the report "CEO Insights 2024: Positive in an Uncertain World: Confident CEOs Reskill Companies for AI-Driven Growth" by the consulting firm Arthur D. Little, based on interviews with 282 CEOs of companies with revenues exceeding a billion dollars.   

Horacio Arredondo, dean of EGADE Business School, stressed that the school seeks to be a space for discussing strategic issues that impact the future of business.

"At EGADE, we believe that business is a driving force in transforming realities, always in an innovative, ethical, and sustainable way," he said.

THE IMPACT OF AI ON MEXICAN INDUSTRIES

In the panel "The impact of AI on Mexican industries," Eva Guerra, academic associate dean of EGADE Business School, explained the relevance of AI for the future of Mexican companies.  

"Understanding not only the potential of artificial intelligence but also how we can prepare to integrate it into all our operations strategically is essential. AI not only optimizes processes, but also redefines the future of business, and we need to make sure that our organizations are ready to adapt to this transformation," the scholar said.

Afterward, Ricardo Murcio, professor of Strategy and Leadership at EGADE Business School, pointed out the importance of talent reskilling.

"We must prepare our collaborators to understand and use AI as a powerful tool," said Murcio.

Paul Maya, general director of Atos Mexico, highlighted how artificial intelligence can complement and enhance human capabilities. "AI isn't going to replace jobs, but rather complement them, helping companies improve their efficiency and optimize critical processes," the executive explained.  

Guillem Casahuga.  The Telecom and Technology partner at Arthur D. Little emphasized how important it is for companies to think of new ways to market their AI-related capabilities.

"Artificial intelligence should not only be used to optimize internal processes but also to open up new business opportunities in other sectors," the consultant stated.

GROWTH PROSPECTS IN MEXICO

In addition, the panel "Growth Prospects in Mexico," moderated by Marc Palacios, LATAM partner at Arthur D. Little, addressed the country's economic potential.

Jesús Ibáñez, vice president of Operations at Grupo LEGO México, stressed the growth of the Monterrey plant and access to the North American market.

"We can see great potential in the region, not only in Mexico but also across Latin America," the VP said.

Claudia Jañez, CEO of ConMéxico, said that companies need to be more proactive in ensuring a safe environment for investment.

"Companies must be more vocal in order to ensure a safe, stable business environment," the executive warned.

Jerónimo E. García De Brahi, CEO of Grupo FOREM, mentioned that uncertainty could hinder key projects.

"The challenge is to transform opportunities into reality and eliminate the uncertainty that hinders development," said García, a professor at EGADE Business School.

POSITIVES IN AN UNCERTAIN WORLD

During the presentation of the report "CEO Insights 2024", Rodolfo Guzmán, managing partner for LATAM at Arthur D. Little, emphasized that, although 96% of CEOs have implemented AI in one of the areas of  their companies, just 13% have adopted a comprehensive strategy at the organizational level, showing that many companies are still in the process of transformation to fully understand and take advantage of the impact of AI.

He also revealed that 66% of CEOs worldwide are optimistic about economic growth over the next three to five years, three times last year's percentage.

According to the consultant, "Business leaders are optimistic about the future, driven by clear strategies, solid structures, and the reskilling of their workforces to make the most of artificial intelligence."

He also summarized the seven key points of the report to help CEOs achieve their growth goals in 2024, in particular the need to adapt to volatility, invest in people and capabilities, and extend AI beyond operational efficiency to generate new business opportunities.

He concluded that CEOs should also focus on fostering organizational ambidexterity, maintaining an ESG (environmental, social, and governance) approach, maximizing internal strategies, and being cautious with acquisitions.

With this event, EGADE Business School reaffirms its role as a key platform for discussing and analyzing strategic issues such as artificial intelligence, strengthening business leadership in Latin America, and facilitating the exchange of knowledge with global players.

The new board of directors is made up of graduates who are committed to consolidating the EGADE Alumni community in the country.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

On September 4, 2024, the Alumni Association of EGADE Business School Peru swore in its new board of directors for the 2024-2026  at the Tecnológico de Monterrey site in Lima.

Horacio Arredondo, dean of EGADE Business School, swore in the new leaders who will promote the active participation of graduates in Peru.

Lorena Cépeda Aliaga (MA’10) assumed the presidency, accompanied by her team: Francisco Coros de la Piedra (MA’10) as vice president, Percy Coll Santillán (MA’05) as treasurer, Luis Ibazeta Cárdenas (MA’09) as secretary, Rodrigo Montoya Villanueva (IMT’22) in Public Relations and Communication, July Chávez Arévalo (MBA’13) in Philanthropy and Generosity, and Carlos Vértiz Alocén (MBA’13), Viktor Pérez Vargas (MBA’16) and Rocío Miranda Saravia (MBA’15) as directors.

During the ceremony, María Livas, director of Alumni Relations and Career Hub at EGADE Business School, presented the representative pin to Lorena Cépeda Aliaga and the outgoing president, Francisco Coros de la Piedra, in recognition of their leadership.

The new board of directors signed the document formalizing their administration, while the outgoing board was recognized for its work during the previous period.

With more than 1,000 graduates in Peru, the EXATEC EGADE community in the country has been established as a critical pillar in consolidating the network in Latin America.

Within the framework of this visit, Horacio Arredondo offered the conference “Organizational Transformation: How to do business in the new era” to professionals and executives at the Swissotel Lima.

Prior to his arrival in Peru, the dean also participated in the swearing-in of the new board of directors of the EXATEC Chile Association at the Mexican Embassy in Santiago.

The school has been recognized in the Postgraduate Leadership and Best Innovation Strategy categories for its impact on global business education.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

EGADE Business School—Tecnológico de Monterrey has been nominated as a finalist in two categories of the prestigious AMBA & BGA Excellence Awards 2025, one of the top events in business education.

In the Postgraduate Leadership Award 2025 category, Maryangel García Ramos Guadiana, an EGADE Business School graduate and executive director at Women Enabled International, was recognized for her leadership in promoting diversity and inclusion worldwide. 

García Ramos (MBA’20) was previously honored with the 2019 Tec Prize for Women and was named an Influential Leader by AACSB in 2022.

In addition, the  Innovation Camp for Tackling Grand Challenges initiative, led by EGADE Business School professor Sascha Fürst, was nominated in the Best Innovation Strategy 2025 category. 

This joint innovation program, developed over the past two years in Mexico and Finland, involves students from EGADE Business School and the Turku School of Economics creating innovative solutions to address global challenges such as obesity.

The complete list of nominees in the 12  AMBA & BGA Excellence Awards 2025 categories can be found here.

The winners will be announced on January 24, 2025, during a gala dinner at the Royal Garden Hotel in London.