The prestigious career of Louis Chenevert at UTC

Louis Chênevert is the former CEO of United Technologies Corporation (UTC), one of the major businesses in the world. UTC is famous for its operations in the aerospace industry. It is a top producer of aircraft engines which are used for commercial and military purposes. They have also been working with NASA in manufacturing equipment for space exploration. Chênevert was right at the center of operation of this company for six years. Between 2008 and 20144, he took the company through a rough time in the global financial sector. Companies were closing down due to the global financial crisis of 2008. UTC did not suffer losses all this time because of the steps that were taken by Louis Chênevert to handle the situation. His excellence in business management came from a combination of a number of things. His education, passion for business and entrepreneurship, and the urge to be successful pushed him to take extraordinary measures that guaranteed him success. He never accepted failure as an option. Since he was born from a humble background, he knew that no one would assist him to become the person he wanted to be. Everything had to start and end with himself. It…

Randal Nardone and his Role at the Fortress Investment Group
Entrepreneur , Investor / August 11, 2018

Randal Nardone is the founding partner of the Fortress Investment Group LLC which was established in 1998. He currently serves as the CEO, principle, and director of this investment management company from the time it was started. In 2006, he received an appointment to the directors’ board. He co-founded Fortress with an aim of helping other people by giving them an opportunity to have a better future. As part of his career achievements, Randal Nardone holds a Bachelor of Arts in English and Biology from the University of Connecticut. He also earned a J.D from Boston University Law School. At 55 years of age, Nardone was featured in the Forbes magazine’s World’s Billionaires list in 2007. He is worth roughly 1.8 billion dollars. His rise to the billionaires’ list was as a result of the company’s IPO early that year. During this time, Randal actively represented the firm as one of the Fortress Five. Since this period, his name has dramatically fallen from the billionaires club. Randal Nardone gained vast experience in his professional career while working as the UBS managing director before joining Fortress Investment Group. He had also previously worked as BlackRock’s financial management principal prior to his…

PSI-Psy Guides the Payment Transaction Industry
Business / August 9, 2018

PSI-Pay is a well respected financial service in the United Kingdom. They are run by the UK Financial Conduct Authority, and are a perfectly legal business to conduct transactions with. The company believes in empowering the consumer to do whatever they please at any given moment. A recent article on the website Medium discusses recent advances in payment transaction processes and how PSI-Psy fits into the picture.   There is little doubt the pace of technological advancement has exponentially increased in recent decades. Every single industry is trying to stay on top of the latest trends, but the payment industry especially has evolved substantially. Physical forms such as cash and checks are rapidly declining in favor of smartphone and wearable accessory items. The easy accessibility and speed of the transactions makes these new services very attractive for consumers. This also creates a lot of competition between payments to see how can out perform the others in usage and services.   One of many reasons why younger consumers prefer newer methods is due to the fees of traditional credit card or check payments. That concept is just unappealing to the young generation. In the 2016 fiscal year, digital transactions accounted for…

Highland Capital Works With National Pension Service Of South Korea To Launch Private Equity Fund
Fund Management / August 5, 2018

Highland Capital Management Korea is an affiliate of the well-known American company Highland Capital Management LTD which is headquartered in Dallas, Texas. The company’s Korean affiliate has successfully closed on a private equity fund that will focus on health care and has secured capital commitments totaling $147 million. The National Pension Service of South Korea is the acting anchor investor for the project. Read this article at Dallas News. The private equity fund created by Highland Management is a first of its kind equity fund focusing specifically on health care interests in Asia. And while an ever-increasing interest in the healthcare sector has been observed on the continent over the past two years, the majority of monies committed to the industry by Asian investors has been through direct means or by investing in multi-purpose equity firms. Investors that have agreed to take part in the investment opportunity fostered by Highland Capital and NPS are doing so with the intent of achieving specific objectives in the healthcare industry in addition to seeing a positive return on their investments. These objectives include opportunities for future investments in the countries of China, Korea, as well as the United States. Highland Capital has facilitated…

Susan McGalla Is An Inspiration To Women
Fashion Expert / August 5, 2018

Businesses are 15% more likely to perform better when they have gender-diversity, and 35% more likely when they are ethnically diverse. Few women hold C-level positions in S&P 500 companies. Susan McGalla inspires women to seek high level positions as she comfortably worked with men and women to rise in the ranks. She learned hard work by growing up with a dad who was a football coach and two brothers. When she first worked at American Eagle Outfitters, the company’s executives were all men. She became the president before leaving the company. She went on to found P3 Executive Consulting, and she is the Pittsburgh Steeler’s Vice President of Business Strategy and Creative Development. She joined the “wear what we wear” campaign to sell Steelers merchandise. There are many groups that support women leaders and allow them to bounce ideas off of one another. Unfortunately, most business leaders are men, and the opportunities that arise from women leaders coming together are few. Women make up only 25% of senior roles worldwide. One possible solution to the real problem is executive sponsorship. By finding an executive to sponsor them, women can open up more opportunities for themselves. The sponsor would place…