Biography of Jaime Cervantes Covarrubias as a leader in all parts of life, written by Wharton MBA student for a course on leadership from the point of view of the whole person.
2. Short Bio
ï” Mr. Jaime Cervantes Hernandez (father of Jaime Cervantes Covarrubias)
started a company 40 years ago, focusing on commercializing medical devices
and equipment (today, he is the President of Grupo Vitalmex)
ï” Mr. Jaime Cervantes Covarrubias joined Vitalmex 20 years ago
ï” He expanded the portfolio of products and services offered; started leasing
medical equipment to hospitals and providing maintenance services
ï” Developed relationships and knowledge, started taking care of medical
procedures and training itâs clientsâ staff
ï” Is now building, equipping and managing public and private hospitals
ï” Vitalmex has expanded internationally: has operations in over 80 countries,
including Mexico, Peru, Colombia, and Brazil
3. Major Accomplishments and Failures
ï” Has created a strong culture: patients
come first, health is a priority, efficiency
is rewarded
ï” Great place to Work Award
ï” Is transforming the healthcare industry in
Mexico, giving access to the base of the
pyramid to high quality and timely health
services ï”Tension in his family: his brother does no
longer talk to him and started a competing
(and very successful) company
ï”He was very stressed, travelled a lot,
started gaining weight and didnât take care
of his health as much
ï”Perception of the company in the market
is not always great
5. Lessons Learned
ï” Spend your time doing things you are passionate about
ï” Itâs about framing things the right way: gain advocates, get people engaged
ï” You can do well by doing good
ï” Itâs not all about the money and fame (business issues should never separate
you from your family!)
6. Lessons Learned
ï” Spend your time doing things you are passionate about
ï” Itâs about framing things the right way: gain advocates, get people engaged
ï” You can do well by doing good
ï” Itâs not all about the money and fame (business issues should never separate
you from your family!)