Category: Business Expert

How Louis Chenevert Approaches Managing People

Originally from Montreal, Louis Chenevert had been a top executive in the aerospace and manufacturing industry for many years. He is a graduate of HEC Montreal which is part of the University of Montreal’s Business School. He earned a bachelor’s degree in production management there. After graduating he worked for General Motors for a number of years before joining Pratt & Whitney Canada as an executive. He then worked for Pratt & Whitney before joining United Technologies Corp. In 2008 he was elected as the new president and chief executive officer of this firm. He became the chairman in 2010. He held all three of these positions until November 2014 when he chose to retire from that industry.

United Technologies Corp. has clients around the world who buy airplane parts from them. During his time at this company Louis Chenevert leadership led to big advances in the technology they could offer their clients. One huge advance he was instrumental in developing was a new geared turbofan engine. Many airlines started installing this engine in their planes once they learned about it. This engine has 20% better fuel burn than plane engines that came before it, is 50% quieter, and because it has significantly fewer parts than prior engines it is easier and cheaper to maintain.

Louis Chenevert says that he has learned to keep a close eye on office politics. He doesn’t engage in it himself and he has seen how disruptive it can be. He says that United Technologies Corp. lost some great leaders because of internal politics which caused them to lose sight of executing on business initiatives. He says that he also learned to quickly get rid of people who aren’t aligned with a business’ agenda. He says that energy drainers are particularly vexing to him.

He said in an interview that he has been a successful entrepreneur because he always makes sure that calculated risk taking is rewarded at the company’s he has been a leader in. He enjoys getting a great team together where the whole becomes much greater than the parts.

https://www.forbes.com/lists/2012/12/ceo-compensation-12_Louis-R-Chenevert_FTA5.html

How Does Softbank Acquisition of Fortress Investment Group Affect Its Operations

Just recently a Japanese technology company, the Softbank Group completed its acquisition of Fortress Investment Group, an American alternative investment firm. Fortress was acquired in an all-cash deal of $3.3 Billion. A significant part of this settlement was used to buy off the investor’s shares, an action that saw them de-list from the New York Stock exchange.

With the uptake of the global investment firm by the Japanese bank, attention now turns to the operational and managerial state of the company going forward. For instance, has Softbank proposed any changes in the leadership of the investment firm? Are they looking forward to continuing Fortress operations or do they have a new plan for the firm? Here are some answers to some of these questions.

Fortress leadership going forward

In a press release issued shortly after the confirmation of the acquisition, Softbank Group expressed its desire to maintain Fortress Investment Group’s management team. The presser went ahead to commend the founders Randy Nardone and Wes Edens as well as its current chairman Peter Briger for what they have managed to achieve in the two decades that the firm has been operational.

 

The effect of the acquisition on company operations

Softbank’s acquisition of Fortress Investment Group came at a time when the company was speedily expanding its investment portfolio. For instance, earlier in the year, Fortress’ subsidiary, New Residential investment bought the entire mortgage servicing rights from PPH and CitiMortgage. It also acquired $117 Billion worth of mortgage servicing rights from Ocwen financial, effectively making it a 4.9% owner of the alternative investment company. These real estate acquisitions add up to the investment firm’s 70% ownership of the Nationstar Mortgage, and learn more about Fortress Investment Group.

According to the press release, the Japanese financier further expressed their intention of carrying on and even furthering Fortress operations. This may in effect be seen as the primary reason the new owners intend to maintain the founders and the current leadership within the firm as they are best suited in realizing the company’s objectives.

Ideally, Fortress is a highly diversified global capital management firm with several subsidiaries managing specific investment fronts. These include interests in real estate, credit lines, and private equity funds as well as permanent capital investments. It is also important to note that by the end of the fourth quarter of the 2017 financial year, Fortress investment group was managing over $36.1 Billion in assets on behalf of over 1,750 private investors and institutional clients, and http://www.vault.com/company-profiles/investment-management/fortress-investments/company-overview.

Asked about the future of the company, Fortress co-chairman said that one should not expect significant changes within the company, safe for the fact that they will no longer hold earning calls. His arguments, echo Softbank’s presser that dispels fears of any restructuring or change of guard within the firm, at least in the short run.

 

Bottom line

The acquisition of Fortress investment group by the Japanese Softbank will have little to no impact on its operations. Gauging by the recent communications by the new owners as well as its founders, it is also apparent that Softbank isn’t keen on instituting any significant changes to the company management or clientele, and read full article.

OSI Group President David McDonald’s Exceptional Leadership

David McDonald, who has accomplished a great deal over the past few years as the OSI Group’s President, spent his childhood years on an Iowa farm. It was here that the world of agriculture first sparked his interest. As he grew older, David developed an interest in improving the operations of the agricultural field. He went off to Iowa State University in 1987, where he studied for his bachelor’s degree, which was in animal science.

Then, in 1991, David McDonald linked up with a company based in Chicago, Illinois, name OSI industries. After years of hard work and loyalty to the organization, Mr. McDonald rose up within the company, and he he now OSI Group’s President and Chief Operations Officer. His achievements in this role are what led to him becoming a recipient of the Wallace E. Barron Outstanding Senior Award.

When it comes to value-added protein products, like sausage links and beef patties, OSI Group is the leading supplier across the world. Currently, the company has built facilities in more than 17 countries, and eight of their operational factories are located in China. Within China, Mr. McDonald wants to turn OSI Group into the nation’s leading supplier of poultry products. A large step towards this goal was OSI Group’s joint venture in 2012 with a company called DOYOO Group, as well as the launch of their Henan processing plant.

OSI Group, however, is looking to extend its share of market in places other than China too. In Europe, for example, the organization’s acquisition of Baho Food was one of its largest achievements in the year 2016. CEO David McDonald called this move a “significant investment.” He also said that he believes OSI Groups acquisition of Baho Food will help the company to increase the demand for their products. By coordinating OSI Group’s local teams perfectly with its global logistic operations, David McDonald has been able to lead OSI Group towards a strong position by adapting to current global trends, and read full article.

More Visit: https://gazetteday.com/2017/09/expansion-for-osi-group-continues-internationally/

Jose Hawilla: Establishing a Sports Marketing Business

Jose Hawilla is one of the most successful entrepreneurs in Brazil. He is a hardworking man who founded the Traffic Group, which is a sports marketing conglomerate that is operating on a multinational level. Jose Hawilla is known for his involvement in a lot of international sporting events and how he uses his company to market it to a wide, international audience. He is positive that his company would soon become one of the largest influencers in the field of sports, and he is grateful that more people are tuning into large sporting events because of the effort that his company is exerting to market these shows. Most of the international sporting events are tapping the assistance of Jose Hawilla to promote upcoming competitions. They believe that through marketing the event, more people will develop an interest, and the ticket prices sold would soar higher.

According to Jose Hawilla, the sporting event in the present da is strongly affected by the number of spectators. The more an event is watched, the more profitable it will be. He stated that the recent Olympic Games and FIFA World Cup had drawn a lot of income for Brazil, and he stated that most of the audience came from other countries, and they have seen the sporting even through an excessive marketing campaign. The Traffic Group is also responsible for putting up the hype for these large-scale international events, and through the coordination of Jose Hawilla with the state government, the event has been pushed through, and it managed to create an excessive amount of revenue. Check out Estadao to know more.

Born in the city of São José do Rio Preto, São Paulo, Brazil, Jose Hawilla dreamed of becoming involved in a lot of sporting events. He would take up a job to become a sports journalist, and he felt like being a successful individual because he is now able to start a career focusing on sports. Having the idea to market sporting events, Jose Hawilla founded the Traffic Group in 1980. The company that he established quickly became successful and transformed into one of the largest sports marketers in Brazil. You can search on Google for more info.

Click here: https://www.youtube.com/watch?v=mWBdoO3cERE

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Categories: Business Expert

The Accelerated Growth of Shopping Mall Industry and the Influence of Leaders like Roberto Santiago

Brazilian economy was facing strong regression for the last few years with even contraction of the economy also reported a few times. While every industry went down from its previous tallies, there is one industry that surged even during the sluggish conditions of the market. The shopping mall sector reported a growth of 6.5% in 2015, and the total turnover of the industry reached nearly BRL 150 billion. This is the widespread trend across the country, and shopping mall industry had much to cheer as it did not face any slowness during the entire debacle period. The most prolific growth was visible in the state of Paraíba, and the malls like Manaira Shopping from prominent entrepreneur Roberto Santiago led the rally of the industry.

 

Even a survey conducted in the late-2016 showed that the Brazilian shopping mall industry was really big with 538 malls operational and another 30 were reaching the final stages of construction. Interestingly, even in the midst of financial crisis, the sector gave employment to more than one million people. A 2015 survey showed that there were 54,000 job openings in the industry to be filled. The Northeast region of Brazil, which includes Paraíba, was considered as the second hottest region for shopping malls and business. With latest technology implementation, on-time expansion projects, new international brands into the shores, and more, shopping malls like Manaira Shopping ensured an overall experience for the visitors and smooth flow of business.

 

While coming to Manaira Shopping, it is the biggest shopping center in the state of Paraíba with 86,908 square meters leasable area and an added parking facility to contain over 3,000 vehicles. Incidentally, it is one of the largest malls, regarding the leasable area, in the country as well. The shopping mall that opened in the year 1989 has gone through many minor and major transformation to contain the growing needs of retail and entertainment space clubbed with the added influx of footfall year after year. In reality, Roberto Santiago was foreseeing the popularity of shopping malls in Brazil since he founded his venture. He continuously expanded his venture, added new entertainment options, improved infrastructure, and more to go ahead of the times.

 

This is the reason, Manaira Shopping received a steady increase of visitors since its inauguration. In 2015, the mall welcomed almost 20 million visitors wholeheartedly and offered a comprehensive shopping and fun experience. Manaira Shopping has everything, including most modern cinema halls, air-conditioned and technology-enabled concert hall, Game Station with numerous games, world-class fitness center, play area for children, and more. The mall also houses many services including banking, attorney, driving license, police, and more. The shopping mall provides excellent shopping and dining options as well with nearly 250 international fashion outlets and many exotic restaurants.

 

 

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Categories: Business Expert

Sheldon Lavin – The Global Visionary Award Winner

Sheldon Lavin is the CEO (chief executive officer) as well as the Chairman of a company called OSI Group, LLC; he has a remarkably high profile in the industry of meat plus food processing. Also, Sheldon currently serves at the OSI International Foods Limited as its President, and he remains actively committed in the many operations of the company.

He had developed a vast knowledge of the industry since 1970 when Sheldon was involved in the Otto & Sons financing, which eventually developed to become the OSI Group. Under the leadership and vision of Sheldon, OSI rapidly grew from a domestic company for food processing to a thriving global industry leader. Currently, OSI Group has over sixty locations across sixty different nations and Sheldon Lavin’s lacrosse camp.

In honor of Sheldon’s remarkable achievement of taking OSI Group onto the global scene as well as contributing to employment growth worldwide, on Feb. 20, 2016, India’s Vision World Academy presented Sheldon with the annual award called Global Visionary Award. Sheldon stated that he was humbled as well as honored to be given such a celebrated award and he was extremely proud of the work he has done in his life in helping the OSI Group to grow rapidly into the global powerhouse that it has become today. Sheldon has spent his life dedicated to the company as well as its many employees’ overall welfare and Sheldon on Facebook.

In addition to growing the company’s operations worldwide, OSI Group has also been awarded a long list of sustainability as well as environmental awards under the watchful eye of the CEO as well as Chairman Sheldon. That is something that Sheldon is hoping the corporate leaders of the next generations are going to continue prioritizing.

When asked regarding his great successes list, Sheldon stated that he’s seeking to inspire the corporate leaders of the future crop to commit themselves to expanding their businesses in ways that are responsible, ways that contribute to the global commerce growth as well as opportunities for all their employees and more information click here.

While the words of wisdom of the visionary Sheldon are uplifting, he isn’t slowing down anytime soon. He still gets time to remain actively involved in charitable causes, like the Ronald McDonald House Charities (RMHC). One of the things Sheldon felt proud of his career is that he was capable of raising three kids with his spouse and he gave back to the community while still growing his company and learn more about Sheldon Lavin.

More Visit: https://www.rmhc.org/board-of-trustees

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Categories: Business Expert CEO

QI Group’s Vijay Eswaran’s Journey to Success

Multinational QI Group recently plunged into the education industry adding to their roster of businesses. Co-founder and executive chairman Vijay Eswaran has been taking this new sector personally. This past August, Eswaran participated in a forum where he spoke with students about the importance of higher education. Read more: Dato Vijay Eswaran: From taxi driver to worth over $500 million dollars

Eswaran rang on the emphasis of taking risks and creating employment. This entrepreneurial spirit is something that Eswaran has always know within himself. Eswaran once was a cab driver and now has a net worth of over $550 million by breaking his old habits. By not accepting that he had to be pigeonholed into one way of working, he completed his school and found a job.

Vijay Eswaran went on to get his Master’s degree and while doing so he continued along with this multilevel marketing business(MLM), which he realized was very lucrative. It was the inspiration of working with a team of a failed MLM that he was encouraged to start his own MLM business. One that will help change the life of himself and others, too.

This way of keeping other people in mind at work translated to his philanthropic efforts. Eswaran founded the corporate social responsibility arm of the QI Group called the RYTHM Foundation. The foundation has a hand in a variety of projects for child mentoring, youth development, women empowerment and special education.

Eswaran does so well in his philanthropic efforts that he was listed in 2011 in Forbes Asia’s annual lift of Heroes of Philanthropy.

In a nutshell, Eswaran is a goal-setting business man who steps outside for himself to think of others. Eswaran’s career journey is a testimony to what it means to be successful.

Learn more about Vijay Eswaran:

http://www.qigroup.com/2013/11/vijay-eswaran-makes-ceo-of-the-year/
http://www.dnaindia.com/topic/vijay-eswaran

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Categories: Business Expert

Nathaniel Ru- co-founder of Sweetgreens

In 2007 Nathaniel Ru graduated with his BS in /finance from Georgetown University’s McDonough School of Business. After graduation Ru and three of his fellow classmates started Sweetgreen’s. Sweetgreen’s is known for being a fast and casual restaurant that serves fresh and seasonal food.

When the three co-founders first started the restaurant their first store was located right in the heart of Georgetown. Sweetgreen’s has now currently been able to grow to have 27 locations, spread out over 6 different states. Learn more about Nathaniel Ru:  https://www.bizjournals.com/losangeles/potmsearch/detail/submission/6435405/Nathaniel_Ru

Ru and his friends first came up with the idea for Sweetgreen’s when they realized that their neighborhood needed more fast, casual and healthy food places to eat at. In 2010 the three was able to launch Sweetlife.

This event has since come to be known as the regions largest food and music festival. It is said that each year the event attracts over 20,000 people to it. Along with that the event also has food trucks, local purveyors, top chefs and farmers.

Just like you would observe at the Sweetgreen’s restaurant, Sweetlife embraces health and well-being, good living, community, and sustainability. You are reassure to leave Sweetlife feeling refreshed and having a purpose in life.

Business Insider has it that in October of 2016 it was reported that Sweetgreen’s had 64 stores in operation at the time. The stores were located in Pennsylvania, Virginia, Illinois, Massachusetts, California, and the District of Columbia and has 1,700 active employees. This is only the beginning to for Sweetgreen’s.

Sweetgreen’s seasonal menu allows them to be able to rotate through three regional, seasonal dishes each year and who doesn’t like a mix up in a restaurants menu every now and then. In the beginning Sweetgreen’s has always been about more than just salads. Learn more about Nathaniel Ru:  https://www.youtube.com/watch?v=VnQ9aK4ZmFA

They have wanted to provide a warm and inviting atmosphere for all of their customers, leaving them happy each time they leave one of the Sweetgreen’s restaurants.

Employees at the Sweetgreen’s restaurants are allows encouraged to help make a customer feel at home. For example if a mother comes to the door and has her hands full the employees are encouraged to rush to the door to open it for her.

Their saying is ” always leave the customers happier than when you found them. This is one goal that Sweetgreen’s strives to obtain each and everyday. The founders hopes that in time Sweetgreen’s will be able to become a restaurant that is known all around.

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Categories: Business Expert

How Does Equities First Provide Better Loan Products?

The Equities First brand is a loan agency that serves people who have special needs when they are searching for new loan products. They want loans that do not require much information, and they will find all the loans they need regardless of their nature. This article explains how the company provides a much better loan for each customer with better terms and conditions. The company ensures that all customers may use these non-capital loans for many other needs and more information click here.

 

#1: The Loan Structure

Every loan that is required from the client often does not have a specific purpose because the client needs extra cash flow. They are not asked to justify the work that they will do with the loan, and they will be given a number of opportunities to close loans with the company. They may fill out their applications quickly, and they will receive answers in a short time and its Website.

 

#2: How Are The Loans Funded?

Loans that are funded by this company come through quickly, and they will ensure that the person who has requested the loan receives it quickly. It is far simpler for the company to put the loan through, and they will allow their customers to receive the money that they need and learn more about Equities First Holdings.

 

#3: Online Applications

The online applications that are offered by the company may be filled out at any time, and the applications may be filled out fast enough to warrant an answer in moments. There are many people who will find that it is much easier to save their money, and they will begin to save more cash with every other loan they have taken out. The online portal is safe and completely secure and Equities First Holdings lacrosse camp.

There are many different people who will find that Equities First helps when they are searching for the loans they need that are not related to capital. Capital for the company or the client may be used for anything, and Equities First is a far better company to come to because they do not waste time or put their customers through the many hoops that they must with a larger bank.

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Categories: Business Expert CEO

Alexandre Gama Is A Remarkable Individual

One of he best creative individuals to ever come out of Brazil is Alexandre Gama. He began his proffesional career in the advertising and communications industry using he two degrees he received from the Armando Alvares Penteado foundation. After spending the first few years of his career working as a copywriter he decided to make a change and start his own advertising firm. In 1988 he named that firm Neogama.

Neogama has won a total of three Lions from the Cannes Festival. The first one was won in 1999, only one year after the company had started. The other two were won at the same exact time. This was a remarkable award and the first Brazil had ever seen.

Aside from Neogam, Alexandre Gama has won many successful titles and awards on his own. Between 2006 and 2014, he received many important titles and honors. He was noticed as one of Brazil’s most influential businessmen as well as one of the top three advertisers the country had to offer. Alexandre Gama was also awarded things like Agency Director of The Year and even voted best entrepreneur of the year. He won award after award and hasn’t stopped receiving them since.

Not only has Alexandre Gama successfully immersed himself into the advertising field, he has also dipped his toes in art and music. He founded VIOLAB, a creative music project that gave Brazilian artists the opportunity to show off their uniqe skills. Project included a record label, recording studio, and even that’s very own YouTube channel.

Source:  https://pt.wikipedia.org/wiki/Alexandre_Gama_(publicit%C3%A1rio)