Having firmly established itself as a pivotal transformation partner for Mexico’s future, Deloitte Mexico is at the forefront of driving economic growth.
The global financial services network’s Mexico offices are actively engaging with traditional industries and innovation partners who are developing new industries and market solutions.
Today, Deloitte audits approximately 40% of companies in Mexico, clear evidence of its leading consultancy service role in the country.
Exploring ‘nearshoring’
Nearshoring, or the process of outsourcing business processes to a nearby country and hiring remote workers or resources, has several advantages.
Improved communication, access to talent, flexibility and timezone advantages all make nearshoring a feasible option for businesses.
“Nearshoring is playing an increasingly important role in the businesses being developed and managed by our clients across the region,” said Miguel Millan, CEO of Deloitte Mexico and Central America.
“Artificial Intelligence is also driving new business innovations. Cybersecurity is an area we are involved in as we want to ensure secure business channels for our clients and address any challenges they may face before serious issues impact their business.”
Committed to ESG
As businesses evolve, their impact on society and the environment are leading to increased transparency and accountability.
“Environmental, social and governance initiatives are having a positive effect on Mexican businesses,” said Millan.
Environmental, social and governance initiatives are having a positive effect on Mexican businesses.
Miguel Millan, Chief Executive Officer of Deloitte Mexico and Central America
“This increased transparency is creating a more welcoming environment for investors. Deloitte Mexico is implementing its own ESG strategies and we want to see more being done in this area as this is good for business across the board.”
Linking Japan and Mexico
Favorable trade relations and stable economic conditions are moving the Mexico-Japan relationship in the right direction.
Dedicated to fostering long-term partnerships, Deloitte Mexico plays an important role in facilitating business between Mexico and Japan. The firm’s Japan desk serves a growing number of Japanese clients.
“While many foreign investors can face complex situations in Mexico, we are here to help,” said Jorge Mesta, S-LATAM (Spanish Latin American) Asian markets leader.
“A steady and stable presence in Mexico, Japanese companies will have to evolve as they are exposed to the impact of new investors coming to Mexico, raising the cost and availability of key inputs such as labor, real estate and utilities.”
“Japanese companies in Mexico also need to adapt to key global issues such as potential changes in foreign trade rules with the United States or the evolution of the car industry towards electric vehicles. Deloitte Mexico’s experts cover strategy, mergers and acquisitions, human capital, foreign trade and tax. Our dedicated team helps Japanese companies navigate challenges, define diversification strategies and adapt and transform to new environments.”
Enabling clients
“We look forward to facilitating further dialogues which bring our two countries closer together,” Millan said.
“Mexico is a good fit in terms of Japanese corporate strategy. We will continue to contribute to this dynamic economic partnership by proactively addressing potential business issues, bringing issues to our clients and partners and enabling them to remain ahead of future challenges.”
