Category Archives: Business Leaders

Lincolnshire Management Finalizes The Sale Of Holley Performance Products

It’s done! Lincolnshire Management has just sold Holley Performance Products to Sentinel Capital Partners. Lincolnshire Management is a class-leading private equity firm that majors in investing and acquiring lucrative middle-market companies. Holley Performance Products which designs, manufactures and markets aftermarket automotive performance products was one of the private equity firm’s top performers. This company had grown to become a market leader under the management of Lincolnshire Management. Holley had reached the epitome of its success under this private equity firm and succeed even more it needed to move to the next level. This was mentioned as one of the reasons for the sell of Holley by Lincolnshire Management. This next level will be under its new owner Sentinel Capital Partners.

Moving to the next level

Sentinel Capital Partners who bought Holley Performance Products are also a private equity firm. This private equity firm owns Driven Performance Brands which is also in the aftermarket automotive performance products sector. This private equity firm plans to merge Holley Performance products with Driven Performance Brands. According to Lincolnshire Management, this is precisely what Holley needs to move to the next step of its success.

Despite being the market leader in the United States, there still lies a lot of potential for the Holley Performance Products in the global market. This merger facilitated by Lincolnshire Management will put this company in a strong enough position to tackle the global market. The aftermarket automotive performance global market is very competitive. By the Holley joining its forces with Driven, it is likely to have enough muscle to stand out from the competition. In addition to this, the merger will give Holley the ability to meet the demand for the international market.

About Lincolnshire Management

Lincolnshire Management was launched in 1989 and has had a very admirable performance throughout its existence. Lincolnshire Management now has $1.7 billion in private equity capital under its supervision. The private equity firm has excelled in the acquisition of private companies, corporate divestitures, management buyouts, recapitalizations and public and private company’s growth equity. Lincolnshire Management focuses on promising companies across different industries in its business.

See more about Lincolnshire Management here https://magazine.promomarketing.com/article/national-pen-company-acquired-lincolnshire-management/

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Jingdong And Constant Processes To Innovate

Jingdong must act in a manner that is less inefficient or other companies such as Amazon may move in slowly and take up the market share. Jingdong executives will see that the behemoth that is Amazon, has lately been doubling down on its plans to stop depending on third-party shipping services. This means that Amazon, a competitor of Jd.com will now further place themselves as a necessary component of shipping infrastructure. Furthermore, Amazon will seek to replace third parties even when they come in the form of the United States Postal Service (USPS). It is certainly a big move, as it indicates that Amazon intends to stick around for the long haul. Furthermore, it shows that the company will continue to build infrastructure just like Jd.com.

For that, the e-commerce behemoth has already taken a few steps to make itself more self-reliant than any other retailer in the U.S. One of its most notable initiatives has come in the form of launching the Amazon delivery and packaging program in June 2018, which provided grants of up to $10,000 to individuals willing to start delivery businesses that catered solely to Amazon. The online retailer is now offering the same opportunity to its employees to entice them into quitting their job and start a business of their own – complete with three months’ worth of paychecks.

That is all offered for them to become Amazon delivery partners, and run the aforementioned shipping operations for the firm. But that’s not the only step that has been taken by Amazon to make shipping a part of its core operations. Apart from making strides in finding new business models, the retailer has recently made significant improvements in terms of packaging processes. As such, it is up to these executives at Jd.com to do their respective measures to counteract issues that may take place with the added expansion.

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Hyland’s Teething Tablets Impact To Health Sector

Its treatment features

Hyland’s Teething Tablets offers the medication of cold, cough and flu treatments. Later they advanced their medicine to provide a remedy for people who needed treatment. Some of the relief the tablet contains are pain and discomfort. Additionally, they eradicate the irritability in the mouth to swelling. Hyland’s Teething Tablets came up with those medications from their research institutions. Through hard work and persistence to satisfy their patients’ needs, they were able to find the solution. By developing the treatment, they have assisted parents in soothing their children when they feel pain.

Significance of the treatment

Hyland’s Teething Tablets came up with a treatment to curb gum sensitivity and oral discomfort. A mouth is a significant part of kids hence the need to innovate better remedies for them. The tablets they came up with was able to dissolve fast. Additionally, they offer a quick solution for oral discomfort. After consuming the drug, they allow kids to have an adequate sleep which is beneficial to recover. Hyland’s Teething Tablets contain Arnica Montana which treats swelling and relieving pain. Also, it contains coffee which curbs irritability and offers sleep. They do not contain Belladonna, dyes and Parabens hence being useful in terms of health.

Its background

Hyland’s Teething Tablets firm was formed in 1903. It is a segment of homeopathic which creates health drugs for people who consume more supplements. Some of the problems the firm curbs include such as nausea, oral pain relief, and allergies. Recently, Hyland’s Teething Tablets firm was awarded for its contribution to the health sector. Drug Store News Excellence gave it the award. Over the years, the firm has improved its customers to thousands in a short duration of time. It has been made possible by the staff and management for producing better products. Their vision is to continue innovating better treatments for symptoms people suffer.

Read Hyland’s Teething Tablet reviews here https://www.influenster.com/reviews/hylands-baby-teething-tablets

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Nitin Khanna ‘S Revolutionary Life And Times

Nitin Khanna is one of the names that is revolutionizing the way we view the concept of medical cannabis. Through the recent studies conducted on the benefits of a certain class of cannabinoids found in marijuana plants. Cannabidiol (CBD) oil is extracted and can be used in the treatment of chronic pain, certain skin conditions and even severe epilepsy. Nitin Khanna is one of the numerous investors that are at the forefront of the cannabis and CBD industry and is determined to grow the industry to an even bigger market share. Until May of 2018, Nitin Khanna was the CEO of Cura Cannabis solutions which had high hopes of becoming the leading provider of cannabis oil and other related brands throughout the United States.

Born in India in 1971, Nitin Khanna spent a lot of time in various business enterprises. Apart from his father who served as a colonel in the army, the rest of Nitin Khanna ‘s family was engaged in different businesses and this exposure built up an entrepreneurial spirit in him at a very young age. At the age of 8 Nitin Khanna was sent to boarding school. Nitin Khanna then migrated to America at the age of 17, and while in America he got an undergraduate and master’s degree in industrial engineering from Purdue University in Portland. His brother then joined him in the United States in the year 1999.

In the year 1999, Nitin Khanna and his brother went on to start a software company named Saber software. Over the next 10 years Saber grew to become the largest standalone provider of government services in the United States. It is known for providing services such as unemployment registration, driver licenses issuing and perhaps one of the services it is well known for is the election software which is used to manage all aspects of the election process in 21 states in the country. By the time Nitin Khanna left the company, Saber had grown to 1200 employees and an estimated revenue of $120 million. Nitin Khanna is currently the CEO of MergerTech which is a mergers and acquisitions firm that caters for tech startups that are looking to sell their businesses and expand.

Read about Khanna’s insights on execution based leadership https://thebrotalk.com/leadership/execution-based-leadership-nitin-khanna/

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The Story of Louis Chenevert

Louis Chenevert, former CEO and chairman of the company United Technologies Corporation, has had a major impact on the business world during his career. He began his career by serving as Production General Manager at General Motors for 14 years. Next, he went on to work at Pratt & Whitney in 1993, eventually becoming president of the company from 1999 to 2006. After that, he went on to work at United Technologies Corporation, or UTC, to eventually take on the role he is now most famous for. He was elected President and CEO of UTC in 2008 as well as Chairman in 2010. Chenevert also is a member of the Executive Committees of the Business Council as well as the Business Roundtable. He is also a member of the US-India CEO forum.

Louis Chenevert was able to come in and completely change the future of UTC when he took over as CEO. He was able to realize there was potential in the Pratt & Whitney geared turbofan. He was able to recognize how big of an impact this type of GTF engine would eventually have on the world while he was still president of Pratt & Whitney in 1999. Once Chenevert later began working as CEO for UTC, he had the idea to marry the two companies together. UTC invested over $10 billion and two whole decades into developing this particular jet engine. The GTF is currently flown by more than 14 airlines and on more than 70 different aircraft because it lowers emissions by over 50 percent as well as reduces fuel consumption by 16 percent.

 

Chenevert was able to realize the importance of investing in technology in order to help the company continue to grow and stay strong for many years to come. His ideas have resulted in many new U.S. manufacturing jobs being created. There are currently Pratt & Whitney plants in New York, Florida, Georgia, Connecticut, Michigan, and Maine. In just the next three years, UTC is expecting to create over 5,000 new positions as well as provide jobs for more than 25,000 people.

 

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

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Things you need to know about Paul Mampilly

Paul Mampilly is a well-known investor that is based in the United States. He is also a former hedge fund manager, and during his early days in the career, he helped a vast number of people identify various opportunities that they could invest in for the success of their companies. He is also an editor at the Banyan Hill Publishing firm. He has gained respect for the insights he offers his readers on investments. Dedication is the primary trait that has enabled him to achieve successes in his career. Paul Mampilly continues to guide people on the lucrative deals they can invest in for a successful career.

The ability of Paul Mampilly to surround himself with people that show a positive attitude towards life is one of the significant things that has enabled him to continue pursuing his passion. He believes that such people have helped him overcome negativity and acquire tips to eliminate burnout. His career is one of the most outstanding ones due to the various measures he has taken towards meeting all his goals.

The duo believes in the abilities of his clients and he continues to equip them with tactics on how they can survive the highly competitive market. According to him, entrepreneurship is a harsh journey that could see one easily give up If they do not stay strong. He believes that preparedness is key when it comes to the field of investments. By being prepared, an investor gets to be ready for any upcoming issue regardless of its nature. The guidance that he offers to his clients through his journals has played a key role in helping the problem, chive a breakthrough in investments. Besides, Paul Mampilly also updates his clients on the new lucrative deals in the market that can help them travel miles in their careers. His advocations have changed many lives and as a result, many people give him credit for his excellent work. Paul Mampilly also learned to put other people first. He is never selfish and he strives to shape up the lives of others through advising them and guiding them on important life principles.

Paul Mampilly’s : Facebook Page.

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About Stream Energy in Voluntary Services

Stream Energy is a life services company offering home, security, and energy and wireless amenities to its clients. The firm provides its services in Maryland, Delaware, New York, Pennsylvania, Illinois, Texas, Ohio, New Jersey, Georgia and Washington. Chief Executive Officer Bouncer Schiro leads it and also involves in charitable organizations as a means of giving back to the community.

Joint Charitable Support to Hurricane Harvey Victims

After Hurricane Harvey 56 inch of rain hit Houston in the US, destroying property and causing loss of lives, different companies including Stream Energy rose and helped the affected. The company established Stream Cares Foundation to help other individuals all over Texas who have suffered such catastrophes. It provides money and other services as a means of supporting their customers and other affected people to get back on their feet once more.

The company provided different services, which include foodstuffs, transportation, and moral support. It’s well known in offering support to such groups, and its senior manager stated that the company is willingly volunteering in helping and impacting the lives of many people in Texas.

Charitable Efforts of Stream Energy

As a leading example, it volunteers to give entirely to the community by establishing different philanthropic organisations as a mode of appreciating their clients. It has connections to charitable organisations such as Habitat for Humanity and a long term partnership with American Red Cross and other corporate societies in ensuring all affected by natural disasters in Texas get adequate aid.

Stream Energy partnered with Hope Supply Corporation, based in Dallas, as an effort to deal with homeless children in Texas. Hope Firm supplied sanitary services, school needs, and clothes while Stream Energy offered money and other supplies such as food. The firms also responded to the Texas tornado in 2016 working with the Salvation Army to provide capital and other essential requirements for the victims.

The institution works daily with a goal of impacting individuals in the community of Texas and plans to innovate and stratigise further on different techniques of giving back to the community. With its partnership with other charity corporates, it aims at improving generosity, devotion, and passion for voluntary services for residents of Dallas and Texas at large.

https://www.facebook.com/MyStreamSocial/

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Richard Liu Qiandong’s Journey To E-Commerce Giant

Richard Liu Qiangdong is a successful internet entrepreneur, founder and CEO of China’s JD.com. JD.com is one of the largest e-commerce platforms in all of China. The popular American retailer Walmart, is also a shareholder in JD.com and recently raised their stake in the company. To increase it’s reach, JD.com invested in Farfetch with the goal of maximizing each company’s experience in luxury fashion. With a Sociology degree from the Renmin University of China, Richard Liu performed freelance coding work and enrolled in China Europe International Business School earning his EMBA. While he was a college student he invested in a restaurant but that business failed in a matter of months leaving him in debt.

After he graduated from China Europe International Business School, he then worked for Japan Life as director for computers, director for business, and as a logistics supervisor. By 1998 Richard Liu opened his own store in Beijing selling authorized magneto-optical products. Just five years later he had expanded his company to a dozen stores. Due to the SARS outbreak in 2003, Liu had to re-think the need for his brick and mortar stores and quickly chose to focus on e-commerce where he chose to sell a vast variety of products alongside electronics.

With a keen focus on seamless customer transactions and the use of technology to aid customers and the company, Richard Liu made large gains in revenues. He combined these efforts with the creation of a full category strategy for JD.com which has helped to make the company become one of the leading e-commerce businesses in China. By 2005 Richard Liu was offered 18 million yuan for JD.com. He rejected the offer to sell his company. JD.com is sometimes compared to Amazon due to similarities in their business models. By 2014, Tencent bought a stake in JD.com and agreed to promote JD.com on it’s WeChat social network that has almost one billion active monthly users. By the start of 2018, Richard Liu Qiangdong’s net worth rose to nearly $13 billion dollars.

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InnovaCare Health = Quality in Medical Care + Good Patient Relations

Innovacare Health is an organization that provides managed healthcare services under the direction of Chief Executive Officer (CE0) Richard A. Shinto and Chief Operations Officer (COO)/Chief Analytics Officer (CAO) Penelope Kokkinides. At Innovacare, quality medical care and meaningful patient-provider relations are the goals.

Patients Come First at InnovaCare Health for Dr. Shinto

With more than 20 years of clinical and operational healthcare experience, Dr. Shinto possesses expertise in internal medicine and pulmonary disease. He began his medical practice as a pulmonologist in Southern California. From 1996-1997, Dr. Shinto served as the Corporate Vice President of Medical Management for MedPartners. He then became the Chief Medical Officer for Cal Optima Health Plan, also in California. At Medical Pathways Management Company, Dr. Shinto was Chief Operating Officer and Chief Medical Officer. From 2008 until 2012, he was Chief Executive Officer and President of Averta Inc., of North American Management of Illinois. Now as CEO and President of Innovacare Health, Dr. Shinto insists that patients’ emotional and mental well-being are priorities since good relationships among the staff and patients bring about healthy results and better quality of life for patients. Because of this dedication and concern for patients, Dr. Shinto has been selected as one of 2018’s Modern Healthcare Top 25 Minority Executives. Shinto previously won this award in 2012.

Penelope Kokkinides acts as CAO at Innovacare Health

Assisting Dr. Shinto in the attainment of his goals is Chief Administrative Officer Penelope Kokkinides, who previously served as Chief Operating Officer. In her new position, she organizes and structures services that will best provide efficient care for those with Innovacare Health. Before joining Innovacare, Penelope Kokkinides, who holds degrees in biological science, public health, social work and alcohol and substance abuse, worked for Centerlight Healthcare. There she acted as Executive Vice President and Chief Operating Officer. Because of her extensive experience of 20 years in healthcare, especially in the government programs of Medicare and Medicaid, Kokkinides has acquired much knowledge and expertise.

With this knowledge and expertise, Ms. Kokkinides strives to improve clinical programs and maintain health care operations and processes with efficiency and organization. In an interview, she explained that she utilizes her time on air flights and at home for organizing and planning. She also gives credit to the team of professionals with whom she works, declaring that their energy and dedication have generated productive ideas for Innovacare Health. One such approach is that of InnovaCare’s joining with the Health Care Payment Learning and Action Network (LAN) in the initiative toward paying healthcare providers based upon the quality, rather than the quantity, of care given to patients.

https://ideamensch.com/penelope-kokkinides/

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Papa John’s CEO Apology

Steve Ritchie, the CEO of the Papa John’s franchise, has issued a public apology after a previous incident involving racial slurs and conflict due to declining sales blew up and created a lot of controversy. Two letters were written, the initial letter failing to provide empathy or much of an apology, and wasn’t well-received by the public as hoped. However, Ritchie was quick to make adjustments to this letter. He made sure to speak with more empathy, show a little bit of vulnerability, and provide a direct apology for what had happened. A version of this letter still remains on the opening page of the Papa John’s website. Ritchie wanted to make it clear to customers that the offensive words that were recited are in no way representative of his views or the views of the company and will not be tolerated in any way. He stated that the company was bigger than just one person, and one person cannot speak for an entire company.

Steve Ritchie Papa John’s continued his apology by stating that words weren’t enough, so they’re taking action to ensure things are being done about the issue. He wishes to remain transparent with the public and for the public to hold the company accountable for their actions. They will be bringing in experts from the outside to audit the culture inside of the company, looking at diversity and inclusion, and discussing strengths and weaknesses in order to set goals to improve. He said that aside from that, the company’s senior management team will be taking the time to visit franchisees and get feedback employees to help set a positive path for the future. Ritchie stated that his goal is to regain the trust of the public and that he will be personally leading this effort in order to do so.

“As the leader of Papa John’s, I’m sorry”, Ritchie announced.

Follow them on Twitter:
@stevemritchie
@PapaJohns

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