The Importance of Leadership Skills in Business

Many companies have conducted research in an attempt to establish their best leadership strategies. James River Capital Corp. believes that leadership in the business world is an art and a science that also involves considerable skill. Although it understands that leadership skills may take some time to develop, it also believes that in some cases only simple changes may be needed to make a difference. Here are three simple changes that can improve corporate leadership.

 

Supporting Rather Than Leading

Leaders at Facebook have adopted this philosophy. The mere changing of one word for another can alter the concept of leadership and, in the process, change how leaders interact with members of their teams. This simple change can have a surprisingly big impact in the relationship between managers and their workers.

 

Welcoming and Encouraging Feedback

According to recent studies, approximately 85 percent of the employees who were questioned admitted that they often withheld information from their managers. Workers may fear retaliation if they raise certain issues, with this failure to communicate resulting in insufficient engagement and collaboration, and possibly even the suppression of innovative ideas. Under the principle of “psychological safety,” which was discovered by Google, employees can confidently approach their managers with problems and ideas for improvement. This principle can be enhanced when managers welcome and even encourage comments from their employees, and show appreciation for such feedback.

 

Respecting Opinions

Managers can help their employees by removing any obstacles that may interfere with the communication process. This is especially true at team meetings, when everyone should be given an opportunity to speak. It is of initial importance to take note of everyone who is attending the meeting and to identify those who speak. Although some employees can be expected to provide more information than others, management personnel should identify those who are less willing to speak or who may say nothing. It is these reticent employees who should be asked questions and encouraged to provide input. Employees should always feel comfortable when they speak and equally reassured about the information they provide. This will make them feel that their opinions are indeed important and valued by the company.

 

The History of James River Capital Corp.

Located in Richmond, Va., James River Capital Corp. is registered to provide advice in both the investment and commodity trading fields. It was founded in 1986 as KP Futures Management Corp., initially serving as the alternative investment division of Kidder, Peabody & Co. In 1995, it became an independent investment company through the efforts of two of its senior officers, Paul Saunders and Kevin Brandt. It is currently responsible for managing products valued at more than $570 million.

Learn more: http://jrccblog.net/

Innovative Technologies Louis R. Chenevert Believes Are Quickly Changing Industries

In a recent article, Louis R. Chenevert, Chairman & Chief Executive Officer of United Technologies Corporation, broke down some of the essential technologies that are having a tremendous impact on some of North America’s largest corporations. During his time at UTI, Chenevert has noticed one important fact; it’s critical to always look ahead beyond the current horizons of your industry and try to figure out what the next ‘big’ thing is going to be. This is why staying on top of the latest technological developments in your industry is essential to a company’s overall success. Listed are just a few of the most recent technological advances that helped shape entire industries.

 

The Automobile Industry Past and Present

 

Close your eyes and go back in time 90 years to the early 1930s. At that time most of the cars where steam-powered with small boilers built directly into the engine. As time progressed, Fords Model T became increasingly popular with the majority of new engines being converted from steam to gas. This advancement increased both safety and efficacy for newer vehicles. Louis R Chenevert understood that investing in the research and development of new technologies was essential to UTC’s success. In 2008, this paid off when the company released a new and improved F135 engine featuring a sole source position leading to a completely redesigned military propulsion system that offered a 7 to 10 percent increase in thrust and propulsion with a 5 to 7 percent increase in improved fuel efficiency.

 

Another victory won by Louis Chenevert related to the development of a better GTF engine. This resulted in a final product that boasted a twenty percent increase in fuel efficiency, a fifty percent reduction in noise and thirty percent fewer moving engine parts. These advances mean the new and improved GTF engine will last longer and exhibit a greater efficiency when compared to its older counterpart. Looking into the future, Louis Chenevert believes technological advancements in automation and artificial intelligence will completely eliminate the need for human factory workers. Furthermore, with the advent of Google’s self-driving cars, it’s very likely that fifty years from now, most people will quit driving altogether.

 

Louis Chenevert earned his Bachelors of Commerce Degree in production management from the University de Montreal. He is the founding director and Chairman of the Board of Directors for the Friends of HEC Montreal.

 

https://www.crunchbase.com/person/louis-r-chenevert#/entity

Becoming a Global Food Rockefeller with OSI Group McDonalds

The recent relationship between OSI Group and McDonalds – known as OSI Group McDonalds- is a company with a growing presence in this modern, globalized economy. OSI Group comes from Immigrant roots that it is proud of. The history is derived from an American immigrant experience. By the 20th century, Otto Kolschowsky declared himself as a member of German-immigrant community in Chicago, IL and contributed to what is now known as the OSI Group.

The first McDonald’s was opened in 1955 by Ray Kroc in Des Plaines, IL. After the first grand open, a few years later allowed roc to McDonalds and become the CEO of what is not the modern McDonald’s franchise. The supply-demand increased rapidly for the regional McDonald’s restaurants and this became the primary task for OSI.

The OSI Group McDonalds Global Growth

The merge between OSI Group and McDonalds is a needed transition of substantial growth that is still proving to be monumental today. OSI Group has become one of the largest companies in the U.S and was ranked as #58 on the 2016 Forbes list for privately owned companies that have exceeded gross sales of $6.1 billion.

David McDonald’s Changing the Vision of OSI’s Future

David McDonald took over leadership for the OSI Group McDonalds and continued its steady stride toward business growth. With the 2016 purchases of Baho Food and Europe ventures, OSI successfully acquired a facility in Chicago, IL that Tyson Foods operated and owned. The facility and its workforce were taken over entirely by the OSI Group. In 2018 OSI Group McDonalds International Foods merged with Turi Foods. Turi Foods is an Australian based poultry processing company. This merge created Turosi Pty Ltd. The merge shows how OSI Group is driven to continue its business growth within the food sector. The OSI Group McDonalds merge gave way for the business to thrive and escalate to the endeavors that it has together.

Learn more: https://www.inc.com/profile/osi-group

The Legacy of Alastair Borthwick Still Lives On in his Books

Although gone, Alastair Borthwick is far from being forgotten. His reputation mainly stems from being an avid writer who managed to pen two acclaimed books including Always a Little Further and Sans Peur. The impressive bit about the two masterpieces is that they do not belong to the same field, yet they manage to vividly capture whatever Alastair Borthwick intended to pass to his readers.

Alastair Borthwick went outside the norm by writing Always a Little Further, which until now is nothing short of a classic book. In fact, at the time the only available mountaineering and rock climbing literature could be found in expedition books, whereby the well-off narrated their travels to exotic destinations.

Always a Little Further mainly touches on domestic mountain adventures. Alastair Borthwick managed to explore the start of unemployed and working-class people from Clydebank and Glasgow moving into the Scottish Hills. At first, this movement was stirred by the “Wandervogel” movement, which was taking shape in the Weimar Republic of Germany.

The Wandervogel movement entails a wave of climbing and hiking enthusiasm that spread all over northern Europe by the start of the 1930s. In Scotland, mass unemployment in the shipyards of Clydebank triggered the massive interest in hiking and climbing, as the able women and men had access to mountains and time to spare. Alastair Borthwick focused on the new breed of impoverished, carefree climbers as opposed to other writers such as J.H.B. Bell and W.H. Murray who not only documented the accounts of the mountaineering elite only but also concentrated on climbing itself.

About Alastair Borthwick

The late Alastair Borthwick was a renowned broadcaster and author. Alastair Borthwick’s career as a writer started at the Glasgow Weekly Herald, where he wrote on a wide array of topics including the children’s and women’s pages, front page leads and coming up with the crossword. His first book, Always a Little Further, became published in 1939. After participating in the Second World War, Borthwick penned his second book titled Sans Peur (1946), which was later reissued as Battalion back in 1994. He died on September 25, 2003, in Beith, Ayrshire, where he had lived for the last 30 years of his life.

See this: https://www.amazon.com/Alastair-Borthwick/e/B001KDDV8E

A Brief History About Hussain Sajwani

Hussain Sajwani, a national of the united arab emirates, is the founder and president of the global real estate development company DAMAC property. The knowledge and expertise of Sajwani in the real estate sector from marketing, sale, law, finance and management is a major driver of the company’s success and now, DAMAC property has some of the most important developments in the world such as Dubai, Abu Dhabi, Dohamman, and Beirut.

In addition to being the Chief Finance Officer of the Group, Mr. Taqi is at the forefront of the management of all DAMAC real estate investments. At present, Taqi is on the plate of some high-profile private and public businesses in the men’s area, such as Al Anwar ceramic tile and the co-operative service co-founded by the priest. Al Khatib is now on the verge of a series of private and public businesses in the MENA, such as the corporation of Al Anwar ceramic materials and Al Jazyvan service co-op, and is the president of the limited SAK investment.

Two years later, the Hussain Sajwani founded the world logistics service, a gastronomic company that has since then developed into a leading position in the sector, consisting of more than 200 projects in all of African countries, mid-eastern and Independent States. In January 2015, the real estate business was also included in the Market for the home country, Dubai’s Financial Market (DFM).

Hussain Sajwani is also one of the forerunners of the development of the real estate market in the United Arab Emirates. Hussain Sajwani’s expertise and expertise in the real estate development industry from administrators, marketing, sales, financing and law are driving the success of his company. In January 2015, DAMAC properties have taken it to the Dubai finance Market – its home market. Hussain Sajwani is a member of several boards, including JUNO, based in New York, on the internet, on the outskirts of Abu Dhabi, and on the other hand, the University of Muscat Musk. See Sajwani’s accolades on LinkedIn.

Get more information about Sajwani and his projects here: https://www.independent.co.uk/news/people/donald-trump-new-years-eve-speech-president-elect-dubai-business-partner-hussain-sajwani-mar-a-lago-a7507551.html

Dr. Eric Forsthoefel discusses how hospitals can relieve congestion in their emergency rooms

One of the most stubborn problems in modern healthcare systems is congestion in the emergency room. According to a study conducted by three organizations: NPR, Harvard T.H Chan School of public health, and Robert Wood Johnson Foundation, about 30 percent of the American population visits the ER when in need of some medical care.

This is a significant setback to emergency rooms. The non-urgent cases not only put undue stress on staff and resources but also have the potential to cause loss of life. Lives may be lost due to the lack of equipment and staff to attend to patients in dire need of help because they are busy attending to the non-urgent cases.

Emergency rooms are by design meant to handle emergency cases. The equipment and staff in these rooms have been set up to attend to emergency cases. When hospitals allocate such resources to non-urgent instances, most of these resources are underutilized.

 

What is worrying is that this trend has a long tradition. According to a study conducted over three decades ago, this trend has remained stubborn since the 1990s. The study found out that 37 percent of patients who visited the ER in that period were treated for non-urgent conditions.

 

What ER doctors think

According to Dr. Eric Forsthoefel who is an emergency room doctor, most of these visits are due to the chronic lack of primary healthcare providers. Since the patients may not have a way to access health care in a primary care facility, they are forced to seek help in an emergency room.

 

Why people visit emergency rooms despite not needing urgent care

According to a study conducted in 1991 by the Annals of emergency medicine, patients interviewed at George Washington University hospital’s emergency room gave three main reasons for visiting the ER to seek non-urgent care.

 

They stated that they were there because accessing primary healthcare services would take long. Other participants stated that they liked the convenience of an emergency room because they were not signed up by a primary healthcare provider.

 

According to the study, people from low-income backgrounds visited the emergency room because a primary health care provider did not cover them. The emergency rooms were the only place they could get medical care without having to dig deep in their pockets.

Patients from high income earning backgrounds and those with insurance covers, on the other hand, stated that they visited the ER because they thought it was convenient. By visiting the ER, they did not have to spend a lot of time scheduling a visit.

About Dr. Eric Forsthoefel

Dr. Eric Forsthoefel is a medical emergency room doctor that studied at University of Louisville and later Louisiana state university where he studied emergency medicine. Dr. Eric holds emergency medical licenses both in the state of Los Angeles and in Florida. Dr. Eric Forsthoefel also has more than six years of experience working in an emergency room.

https://www.healthcare4ppl.com/physician/florida/tallahasse/eric-forsthoefel-1013150549.html

Doe Deere is the founder behind the controversial beauty company

Originally born in Izhevsk, Russia as Xenia Vorotova, Doe Deere is the founder behind the controversial beauty company known as Lime Crime. Lime Crime was the most hated beauty company at one point on the internet for its security breaches and multiple credit card hacks. These lead the company to be faced with class-action lawsuits, but this isn’t the only issue they have had.

Deere, the founder of Lime Crime as stated above, has stepped back publicly to allow the company to burnish its reputation. Doe Deere was very active on both Myspace and LiveJournal back in the early 2000’s, and she was even part of a band. She launched Lime Crime in 2008 as the very first online make-up ranges. This was a pioneer for its time, but unfortunately, the company has created a name for itself as one of the most controversial beauty companies ever.

The founder has a history of online scandals, and one incident that has been the most damaging to Deere personally was her decision to dress up as Adolf Hitler for Halloween in 2007. She explained later that she believed Halloween was about dressing up as monsters and frightening things. In her life and history, Hitler has always been the biggest monsters. This, of course, backfired on her terribly despite her explanation. It is now something that is talked about on the sidelines, but none the less still part of her history while with the company.

Thankfully nowadays the younger customers purchasing the items don’t know about Deere’s history with the brand. She currently has no title whereas before she was the CEO. However, the company does state that they do use her as a muse in the creations for the make-up colors and brilliant hair colors offered through the company. It is her boldly colorful creations that are featured on Lime Crime in the Unicorn Hair dye collection.

http://www.doedeere.com/

Louis Chenevert career growth in the aerospace industry

Louis Chenevert worked for General Motors for 14 years. He was based in a plant in Montreal. After spending a decade and a half in this industry, he felt the need to transition to another industry. There was nothing wrong with the auto industry, but he felt he needed to spend his life doing something else. Chenevert was influenced by a fellow worker and a friend Karl Krapek to join the aerospace industry. He felt that the experience he had gained from the auto industry would help him establish a solid career in the other industry. Krapek who influenced his transition would later become the CEO of United Technologies Corporation before Louis Chenevert.

Louis Chenevert took the advice of his friend and joined the aerospace industry. He started by working as production manager for Pratt & Whitney Canada in 1993. This plant was a division of the Pratt & Whitney company based in the United States. This division dealt with the production of small jet engines. Pratt & Whitney is a business unity under United Technologies Corporation.

After three years at the Canadian division, it was now time for Chenevert to get his first promotion. He became the executive vice president of P&W in the United States. His performance in the Canadian division had been noted and when there was an opportunity to fill a vacancy he was the best person suited for the job. In just one year after joining PWC, he lowered the operating cost by 10 percent. He was applying his experience in the assembly lines to streamline the operation in this new company. He managed to bring down the time taken to produce one jet engine from two years to nine months.

In 1999, Louis Chenevert was made the president of P&W. He took over when the company was not doing well. His experience would, however, prove vital in resuscitating the operations. He was skillful, dedicated and had the qualities of a leader needed to bring the necessary changes. While the company was prone to downfall, he moved in and made a series of changes that changed the company entirely. His efforts were finally recognized in 2008 when he was appointed the CEO of the whole conglomerate, UTC.

https://medium.com/@louischenevert6/who-is-louis-r-chenevert-c1ae95052bce

Southridge Capital’s Expert Financial Counsel Helps It Clients Make Better Business Decisions

Southridge Capital has been giving financial advice to companies for years, and it is recognized for its competence when it comes to structuring finance. The range of different clients that the company works with is quite diverse, and Southridge Capital is committed to helping all of them achieve their goals. Since the late 1990s, this firm has gained control over nearly $2 billion worth of assets, and it has financed hundreds of publicly traded companies. Companies which are currently trying to grow face a unique set of challenges, and Southridge Capital is a firm that understands very well what lies ahead for these companies as they achieve more and more success.

 

When these publicly traded companies need quality consulting, Southridge Capital’s team is well-prepared to deliver, especially when it comes to corporate issues. Since this company is dedicated to advising its clients to the best of its abilities, its services span across many different areas. The team is quite skilled in financial analysis that will help companies operate more efficiently. Also, the team places a strong focus on balance sheet optimization, which is extremely useful for the clients when it comes to better understanding debt and equity. The organization’s individualized services are something that its clients have greatly benefited from over the years. For more details visit Bloomberg.

 

Another area in which Southridge offers its services is the tricky subject of mergers and acquisitions. During this process, various merger candidates have their business models evaluated against a client’s portfolio. Restructuring analysis and bankruptcy counsel are also important services that the company offers, and clients are able to produce better outcomes as a result. Finally, legal settlement is another important area in which Southridge Capital serves it clients. Settling litigation issues can be difficult for a company to understand without some outside help. Defining exactly what the legal requirements are can help to reduce both the expenses and the amount of time a client needs to put towards legal issues. Other financial solutions like credit enhancing have also been greatly appreciated by Southridge’s clients. You can visit their Twitter page.

 

 

Click here: https://www.bizjournals.com/newyork/cotm/detail/759/Southridge-Capital

Great Proficiency of Wes Edens in Acquisitions

Wes Edens has portrayed the qualities to be quite an asset in the current society. All his success in financial and Investment matters has been attributed to his resilience and expertise in this sector. He is the owner of many companies, and Fortress Investment Group tops the list. Also, he is among the molders and founders of the firm to its current situation. The wall street journal explained Edens’ Investment way of life to be rooted in creative financing, and the establishment of corporations from ventures. Under the stewardship of Wesley Edens and other partners, Fortress was the first organization to go public among many others which were via its preliminary public offering.

Wesley Edens is the leader of the Nationstar Mortgage that operates as a subprime mortgage lender. Previously, it acted as an independent company before Fortress Investment Group purchased and acquired it under the headship of Wes Edens at the cost of $575 million. Therefore, it is evident that Wesley Eden is an Investment Legend, and he achieves this by venturing into the market when an opportunity arises.

Wes Edens’ selflessness and the zeal to impact the society, he sorts to offer financial advice to those encountering financial management disputes to the extent of some of them finding themselves bankrupt due to deprived decisions relating to money allocation and management. When Wes Edens and his colleague jointly purchased a Basketball club worth $550, they financed every bit of activity undertook to make the team a shining star. Also, Wesley Edens spared time to train the players on how to financially manage and plan for their hefty salaries per season as a way of securing their future. He also never forgot to share his life experience, when he made a poor decision that cost him and wished others not to commit such a mistake.

Having been taught a lesson, Wes Edens decided to be counseling the youths on how to manage their finances thus securing a better future for them and their families upon retirement. Also, he has inspired many people, and his impact has been felt mainly by the young people.