Operations in Panama: A man. A plan. A canal. Panama.

Catalog description

In this course, students explore the major business operations within Panama, focusing significantly on the operational management of the Panama Canal. Students will study the intricate workings of the canal, a cornerstone of global shipping and a marvel of engineering ingenuity. Beyond the canal, students will investigate the growing business sectors propelled by canal revenues, including real estate ventures and tourism. Through a blend of theoretical study and hands-on observation in Panama, students will gain insights into process techniques, strategic operations, and the economic underpinnings that have positioned Panama as a hub of commercial and financial activity on the global stage. The curriculum spans a broad array of topics, starting with the Panama Canal's impact on global logistics, its history, and its role in Panama's independence. Further, the course delves into the dynamics of real estate development, the explosive growth in the tourism sector, and infrastructure. Students will engage in practical analyses of operational metrics, scheduling, supply chain management, and yield management strategies. Additionally, the program offers unique insights into the juxtaposition of large corporate operations against the backdrop of thriving small entrepreneurial businesses. It provides a holistic view of Panama's economic landscape and its rapid ascent as the hub of Latin America.