With the theme “Together we make a difference”, the 2016 edition of the FALCONI Movement gathered the team of consultants to discuss the current situation in Brazil with great leaders of the country. The meeting took place this week in São Paulo.
At the opening, our CEO Matthew Bandeira addressed the importance of this year for our history and the challenges that society will face to resume economic growth. “We need a peaceful and fair environment. Our success will depend on our capacity for solve the greatest issues in Brazil,” he said.
Journalist William Waack mediated two important panels on the key reforms underway in the country. The first, “Beyond the Expenditure Cap and Social Security Bills”, with the participation of Pedro Malan, former Minister of Finance, and Gustavo Franco, former president of the Central Bank.
Management of state-owned companies
Then, to discuss “the reorganization of the largest Brazilian state companies,” the presidents of three major companies were invited: Pedro Parente, from Petrobras, Wilson Ferreira Jr., from Eletrobras, and Paulo Caffarelli, from Banco do Brasil.
They concluded that effective management is essential to ensure the smooth functioning of the organizations headed by them. “In this current scenario, state companies have to look inwards, attacking inefficiencies and adapting to the new reality. The focus today is management,” Caffarelli said.
Parente talked about the work that FALCONI has been developing to help Petrobras resume its growth and credibility. “A major challenge is that people understand that a target system is essential in a public company as well. Having goals, alignment and proper incentives. I agree with my guru, Prof. Falconi: what motivates us are challenging goals,” he said.
Ferreira Jr. also mentioned the meritocratic culture that has been adopted in the organization: “The governance that was instituted at Eletrobrás, with a Board of Directors chaired by Professor Falconi himself, focuses on lifting people out of their comfort zone. The second thing is to implement a private enterprise system with governance and goal. The third is to have a reward system of the results that people reach”.
Continuing discussions on the State, journalist Andre Lahoz, editorial director and editor of Exame magazine, moderated the panel “The immediate and the permanent”, with the participation of Minister of Education, José Mendonça Bezerra Filho, and the secretary of Economic Monitoring of the Ministry of Finance, Mansueto de Almeida Jr. They addressed the need for government to solve urgent economic issues to focus on long-term important reforms, such as the educational one.
The minister declared that the reform in education is urgent: “While we continue to prioritize electoral gain over social gain, we will lose the war to raise the quality of Brazilian education.”
According to Mansueto, “we need to evaluate public policies, see what works best and leave out what does not work. We must streamline the programs and improve management.”
Concluding the first day program, our CEO returned to the stage to welcome Congressman Nelson Marchezan Jr., elected mayor of Porto Alegre, and political scientist and professor Fernando Schüler. In the panel “The solution goes [necessarily] through policy” they discussed the issue of corruption, their beliefs and disbeliefs in politics and the need to innovate.
“Innovation in the public sector does not depend on the left or right. It only requires public leaders to open their minds to new ideas,” said Schüler.
The guests also discussed the need for the participation of civil society in the political discussion. “There is no chance for the public sector to change the public sector. Society needs to organize and make the change,” concluded Marchezan.
Check out the photo gallery:
Soon you’ll be able to watch the lectures on our videos page. Meanwhile, watch here FALCONI Movement’s contents from 2012-2015.
Published on Dec. 16, 2016