FORMER DOMINICAN REPUBLIC PRESIDENT FERNANDEZ-REYNA
JOINS ontheFRONTIER ADVISORY BOARD
Visionary Leader and Innovative Consulting
Firm Promote Competitive Advantage in Emerging Markets Through
Strategic Business Services and Internet-Based Resources
CAMBRIDGE, Mass. (Jan. 30, 2001) - ontheFRONTIER, the world's
leading business strategy provider to firms, industries, and
governments in emerging markets, today announced that Leonel
Fernandez-Reyna, former president of the Dominican Republic,
will join the company. President Fernandez brings visionary
leadership and experience working with business and government
leaders in Latin America and the Caribbean's developing economies.
He will also actively consult with ontheFRONTIER, a Monitor
Group spinout that combines leading-edge advisory relationships
with web-based strategy software to assist a broad audience
of business, government and international leaders in making
their most important business decisions.
Joining ontheFRONTIER as an advisor and consultant, President
Fernandez lends his belief and leadership in leveraging the
Internet to disseminate information and instruction for economic
development. He joins an esteemed group of academic luminaries
and business leaders in economic development serving on ontheFRONTIER's
advisory board, including: current and former Harvard Business
School professors Michael Porter, Paul Gompers, and Bruce
Chew; Brian Atwood, Vice-President of Citizens Energy and
former head of the United States Agency for International
Development; Craig Enenstein, Vice President of Strategy and
Business Development at Liberty Digital; and Tony Tjan, founder
of Zefer Consulting.
"I have always sought to champion the ideas and initiatives
that foster education and economic development," said
President Fernandez during his visit this week to the United
States. "My work with ontheFRONTIER is part of this continuing
endeavor."
Recently named Trade Leader of the Year 2000 by Latin Trade
magazine, Leonel Fernandez served as the President of the
Dominican Republic from 1996 to 2000. Under his leadership,
the Dominican Republic achieved the best four-year economic
growth rate of any country in Latin American and the Caribbean.
Given President Fernandez's success, his involvement with
ontheFRONTIER signals an important endorsement from a major
policy practitioner and influential thought-leader in Latin
America and the Caribbean.
"President Fernandez brings to ontheFRONTIER a life-long
dedication to causes that serve the common good," said
Michael Fairbanks, CEO and co-founder of ontheFRONTIER, Inc.
"His leadership and expertise will be valuable assets
to our organization and our customers - the firms, industries,
and governments in emerging markets working to achieve economic
growth and competitive advantage."
Facing pressures of globalization and privatization, many
companies in the world's developing economies need more than
free markets and financial capital to become competitive.
In such an economic environment, these entrepreneurs and leaders
seek the strategic firm-level know-how and resources they
need to overcome their challenges. The Internet provides a
network to disseminate the ideas and tools that emerging market
entrepreneurs need. "When leveraged effectively, the
Internet becomes a digital bridge rather than a digital divide,"
Fairbanks added.
With a forthcoming innovative Web-based software platform,
ontheFRONTIER delivers leading-edge strategic business practices
and resources customized to the individual needs of firms,
industries, and governments in emerging markets. The ontheFRONTIER
platform will link users with a global network of strategy
thinkers, peers, advisors, partners and customers. ontheFRONTIER
continues to offer leading-edge strategic advice to businesses,
governments and industry associations in emerging markets
through seminars and on-the-ground projects, while concurrently
offering strategic advice directly to managers through its
web-based strategy software. "Finally, the advantages
previously available to only the largest companies are accessible
to companies of all sizes," said Fairbanks.
About ontheFRONTIER
ontheFRONTIER is the strategic business partner for companies
in emerging markets who are serious about building real competitive
advantage with the right customers. Formerly the Monitor Country
Competitiveness (MCC) group, ontheFRONTIER is the product
of a successful spinout from the Monitor Group, headquartered
in Cambridge, MA. The Monitor Group is a major shareholder
and knowledge partner, along with venture capital investment
firm, Hummer Winblad. Over the past decade, the leaders of
MCC have been the strategic advisors of choice in emerging
markets for industry groups, governments and international
organizations striving to build international competitiveness.
Now, the richness of MCC's vast experience combined with the
reach of the Internet make ontheFRONTIER the real-time strategic
advisor and business partner to companies around the world.
For more information, email information@onthefrontier.com.
|