Category Archives: Business

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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How HGGC Benefited from IDERA Recapitalization

When news spread around that HGGC had recapitalized IDERA by signing a definitive agreement, a lot was expected from the deal. The company had been busy in the markets signing contracts with various companies. However, there was something unique about this particular agreement, and it is what caught the eye of most analysts. It should not be forgotten that IDERA is a leader when it comes to the provision of database lifecycle management solutions. Therefore, everyone wanted to know how the funders would benefit from the $1.25 billion that was set aside for the recapitalization.

The controlling investor

Before the signing of the deal, TA Associates were the owners of IDERA. This relationship was the position since 2014. However, details emerged that they will cease to hold that position because HGGC was to be the new controller of IDERA. However, the other company would retain an ownership stake that gives them a say in the management of the company. In the recapitalization agreement, there is a provision for funding for pending add-ons that provide the funders with a more dominant role. With this knowledge, we now know one of the ways that they will benefit.

An efficient research model

Another reason why HGGC funded the recapitalization of IDERA is to leverage on their already useful working model. The company boasts of one of the most efficient and flexible models in this industry. Their love for a culture of continuous change, which has seen them overcome many challenges, makes them even more appealing. Because of their nature, they can easily pivot when responding to customer demands. Therefore, they can bring new software products to the industry. This description fits in well with the easier by the funders to improve their services.

Now, we can tell for sure why HGGC was excited after signing of the recapitalization deal. Numerous tweets were showing the excitement to be part of a new company. In one of the tweets, HGGC described themselves as investors in one of the best companies. A few years after the recapitalization, there is no doubt that the deal paid off for both parties because they have enjoyed massive success on various fronts.

https://pitchbook.com/profiles/investor/22466-71

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Deirdre Baggot’s Career At Large

Deirdre Baggot has more than ten years’ experience in healthcare, payment bundles, and business strategy. She has also worked in various companies and organizations in the United States of America. She is currently living in Denver, Co with all-round education aimed at improving the state of the organizations. Explore on to discover more about this icon plus her career achievements. Learn more on medicaldailytimes.com

Deirdre Baggot’s educational background

Deirdre Baggot graduated with a bachelor’s degree in nursing from the University of Southern Illinois Edwardsville. She then went ahead to pursue her master’s degree in Business Administration from Quinlan School of Business, Loyola University Chicago.

After the master’s degree, Deirdre got a scholarship to pursue her Doctor of Philosophy from University of Colorado, Denver.

Work experience

Deirdre Baggot began her healthcare business in 1997 immediately after graduating from the university. She started her career at the Northwestern Memorial Hospital. She was open to challenges. Though she was hired as a resource coordinator and staff nurse she gladly accepted the role of the hospital’s administration group manager. As the hospital manager, she helped the hospital to gain funding needed to obtain additional resource vital to patient care and cared for the needs of the patients and employees.

Deirdre took on another role as a business administrator in the University of Michigan Health System. She was therefore responsible for improving efficiency, quality control, and safety. Surprisingly, she managed to bring out changes that led to improvements in her area of specialization. Besides, the university gained Learn/Six Sigma certification. Derdre was given an award recognizing her for Outstanding Leadership in Safety.

She was employed at Cardiac and Vascular Institute as part of SCLHealth as a senior Administrator supervising 450 employees and overseeing marketing, payer contracting, business development, acquisitions and recruitments among other vital areas of the organization. She also managed to lead the company to open 11 new clinic locations in the area. For this, she was highly credited.

Other fields

She is a regular visitor to the National Public Radio where she contributes to shows like ‘’All Things Considered Morning’’ plus ‘’Morning Edition’’. She is also the chairperson of the National Bundled Payment Summit. She, therefore, helps people to find innovative solutions to the many complexities associated with the modern payment system.

Visit: https://www.ecgmc.com/thought-leadership/blog/p/26

 

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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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Career Achievements of Peter Briger

Though many investment companies have been lately established, a significant number of them have not made it in the profoundly competitive market. Firms with executives that possess impeccable leadership qualities have, however, outdone a large number of upcoming ones. Fortress Investment Group is one of the largest investment firms in the world. The company has been rising fast, and it offers investment advisory services to people besides helping them handle their investment issues. Among the leaders that have facilitated growth in the company include Peter Briger, who serves as the firms principal and co-chairman. He has been serving in the firm for a vast number of years, and this has enabled him to understand the node of operation of the latter. Through this, he has sufficiently identified the various challenges that the Fortress Investment Group goes through and thus worked on ways to solve them. Visit Bloomberg to know more about Peter Briger

Peter Briger joined the firm in 2002, and as an expert in the credit and debt managed, he oversees that the companies activities in the field run smoothly. Besides, he has also striven to share his expertise with other members of the firm to ensure that they carry out their operations with the aim of achieving a common goal. Through the Fortress Investment Group firm, he has also created job opportunities for many people. The companies team comprises of over 300 members, who flaunt different skills in various sectors.

Peter Briger also flaunts many years of experience in the sector of entrepreneurship. Before joining the Fortress Investment Group, he worked at the Goldman Sachs firm for 15 years. Peter became a partner of the firm in 1996, and he uses his experience in investment to develop other companies. Peter Briger has taken the Fortress Investment Group to another level, and his excellent leadership skills have contributed to his successes. The successful entrepreneur believes that a great leader should be passionate about his endeavors by engaging his team in both the decisions making process and entire firm important activities. His supportive attributes as a leader have also played a huge role in helping him handle the complex emerging issues in his specific field.

Visit their website: http://petebriger.com/

 

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Flavio Maluf’s Career as CEO of Eucatex

Flavio Maluf is the Chief Executive Officer of Eucatex: the first company to offer eco-friendly goods to The Home Depot. He and his family have been pioneers in the eucalyptus tree world of South America for decades. His grandfather owned and operated the single largest piece of machinery for their industry in the entire southern hemisphere. Flavio Maluf and his family have rubbed shoulders with South America’s elite as one should expect. But perhaps the most interesting thing about Flavio Maluf is that he decided to keep the family business alive instead of just riding the coattails of the great people who came before him.

Read more about Flavio Maluf at Wikipedia.

Eucalyptus oils offer many benefits themselves, and are used widely in aromatherapy around the world. However most people do not know that even the wood itself is prized for its sustainability and durability.

Flavio got his mechanical engineering degree and then starting in 1987, Flavio entered the trading side of Eucatex to get his feet wet, and naturally evolved into the industrial side of things. Flavio’s uncle then invited him to join the executive side of things in 1996, of which he accepted. In 2005 he became president of the company. Part of the reason for this is most likely because of his dedication to the environment and his understanding that environmental sustainability is not only his mind, but on the minds of millions of people worldwide also. Incorporating this into his business model surely did not hurt the growth of the business since 2005 when he became the president.

Another thing which has helped Eucatex is Flavio’s understanding of the governmental kickbacks or incentives for locating his company plants in areas which the government needs in order help stimulate more destitute local economies. By cooperating, Flavio was able to more fully be embraced by the local governments of Brazil and the country at large.

Read more: https://www.terra.com.br/noticias/dino/conheca-com-o-empresario-flavio-maluf-alguns-mitos-e-verdades-a-respeito-de-ser-um-empreendedor,21991ecd7b49587604a2d972ecada3b6lz1vsqwr.html

 

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Harry Harrison: Tips For Entrepreneurs

Previously the leader of Barclays Non-Core based in London, Harry Harrison recently left his post of trading and investing, which he held for over 20 years. Now his life is filled with family, physical activities, such as golf and yoga, and consulting venture capitalist.

Harrison has learned what creates unique experiences are a combination of diverse knowledge, new ideas, coupled with various thoughts and opinions. He understands from his decades of experience that the banking industry has many innovative ideas. The new theories are out of the ordinary, but this is why they can create massive advancement if put into place. Companies that grab hold of the latest creations will emerge as the most efficient and sound.

Some tips Harrison can give to rising entrepreneurs is to handle events and disruptions as quickly as possible. Otherwise, you may end up with an endless list of things to do that probably could have been delegated or minimized at the beginning. The goal is to move ahead, and one clear way to do that is to organize projects into manageable pieces, and use a timeline to get them done.

If you are looking to grow the face of your company, a system that Harrison found to be useful was using innovation. This often meant going out on a limb and doing things that the marketplace had never seen before, but taking calculated risks can make your business the leader in its field. Communicating with staff members, managers, and other players in the field will also help you get ahead. This is something that Harrison admits he did not master until late in life, but new professionals should learn from him and work on their ability to communicate with others.

Along with tackling new work, Harry Harrison also advises taking time to stop and smell the roses. Grinding through employment and life to keep hitting goals is not necessarily the best way to live. Harrison recommends taking some time to do physical activities, meditate, and enjoy family and friends.

Harry Harrison continues to improve himself by reading, taking care of his health, and family. He is proud to practice what Carnegie Dale preaches, by noting that life’s real pleasures are enjoying what you have.

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How Shiraz Boghani Founds Success In Both The Hospitality And Healthcare Industries

Shiraz Boghani is an entrepreneur who has launched companies in both the hospitality and healthcare industries. He started his professional career as a chartered accountant in London, England. In the early 1990s, he established Splendid Hospitality Group. Starting out with one hotel, he now has close to 20 in his network. His flagship hotels are the Holiday Inn London, The Conrad London St James, and The Grand Hotel & Spa, York. He was a pioneer in England when he opened hotels with limited services, something that country hadn’t seen before. For more information connect with Shiraz Boghani on Twitter.

He was honored recently by the Asian Business Awards. Shiraz Boghani was named Hotelier of the Year. The experts who gave him this award including Amit Roy, who is a top journalist, and Rishi Sunak who is an MP for Richmond. When he accepted this award he stated that he couldn’t have done it without the entire Splendid family and he thanked them for their hard work and dedication.

His other company, Sussex Healthcare, is one he co-founded in 1998. This company operates medical homes in Sussex County, on England’s southern coast. These award-winning medical homes help elderly people as well as younger adults who have neurological conditions. They have nurses available 24/7 and a team of dedicated caregivers. They offer their residents fresh, local produce and both physical and mental exercises. They can enjoy cooking, gardening, card games, and other activities.

Shiraz Boghani is originally from Kenya and grew up in the Islamic faith. He is committed to helping others in the Islami community and is well known for supporting the Aga Khan Foundation as well as the Aga Khan University. He also the chairman of the Arbitration Board and National Conciliation committees for the Islami Community National Council. Shiraz Boghani also serves on the Resource Development committee as its convener.

Read more: https://www.bloomberg.com/research/stocks/private/person.asp?personId=102378338&privcapId=143105092

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Doe Deere—when luck turns the table around!

Some events can be very life changing, there were many in Doe Deere’s life as well. Especially in the spring of 1999, Doe, her mother, and sister met the social worker who introduced them to a non-profit legal organization named as Sanctuary for Families. The organization helped women immigrants who were in a bad situation.

Dorchen Leidholdt, the leader of the organization helped them get back onto their feet. She provided Doe’s mother a good job of an accountant, Doe Deere soon got into a Fashion Institute of Technology, from there her walk of achieving her dream started. Her sister also got enrolled in Columbia University and graduated on scholarship.

By the following year 2000, the family was able to afford a home of their own and run a life they once wished of. By late 2000’s Doe adopted a moniker, “Doe Deere” and followed her passion of becoming an entrepreneur. By 2008 she founded her own make up company and named it as “Lime Crime” and no doubt it was a huge achievement. She initially hired 35 women from Los Angeles and gave them the opportunity that every woman dreams of while working a job. For twenty long years, the famous and one of the most successful business owners, Doe Deere, achieved her dream that she dreamt of in her teens. She is heartily thankful to America, and the people she was surrounded with at the most vulnerable stage of her life, who helped her to the extent that a homeless became a CEO.

She considers herself a lucky lady because she along with her family emigrated from Russia to America and received so much affection and help by the society which they risked all at once while leaving Russia. They enjoy the best luxuries in the world now. If a homeless, like Doe can make herself capable of achieving goals and dreams, being a CEO currently, what’s your excuse then?

 

https://www.entrepreneur.com/article/318714

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Stream Energy Cares About Their Community

Stream Energy is a company that cares. When Hurricane Harvey wreaked havoc in the neighborhoods of Houston, Stream Energy was there to lend a helping hand. Businesses were lost and lives were devastated, but they helped to not only fund the recovery, but it also eased the financial burdens of countless families.

Corporate philanthropy is at the heart of what makes up Stream Energy, and they recently launched their own charity foundation known as “Stream Cares.” Their new foundation goes in line with what they are all about and that they are always there to help out any way that they can.

The Stream Cares Foundation helps to support communities and local charities in need. Launching a completely separate branch for philanthropy is a new concept for a corporation, but that did not stop Stream Energy for doing it. That is just one of the reasons why they are respected and also the reason why they have many loyal customers as well. They are a corporation that does not show off their efforts, and they are simply interested in helping out where they are needed. They are a corporation that will step up even when no one else does.

Stream Energy is Dallas-based, and they are very involved with other organizations such as Habitat for Humanity and the Red Cross. Their business model isn’t overly complicated; they provide corporate and residential services and they also build up a large clientele of loyal customers. Different employees of the company focus on areas where they feel need attention such as the growing homelessness problem while others may focus more on another area, but all efforts are heading in the same direction which is to help others.

The company has teamed up with Hope Supply Company to do a lot of good such as provide necessities and support for homeless children. They are also focused on giving back to the veterans who have given so much to their country.

Stream Energy will never stop caring, and they are aware that there are people who do not have the basic things that they need.

https://www.puc.texas.gov/industry/electric/directories/rep/report_rep.aspx?ID=ELSQL01DB1245339200001

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