Archive for Business Leaders

Charles Koch Launches Stand Together

Charles Koch has expanded his philanthropic campaign by launching Stand Together. It is a venture philanthropy organization that seeks to tackle deep-seated social problems and reinvigorate the civil society. It plans to do this by solving problems the poor have using institutions and organizations they have founded. It is a new approach given many rich corporates help by dictating to people what they want to be done.

Stand Together has been in the works for the last year but launched this year with a website and plans for this year. The first plan it intends to carry out is a team with Bob Woodson to continue his advocacy of training grass root leaders.

Stand together is the most last in a long list of philanthropist groups associated with Charles Koch that has for a long time fought the rights of the poor. Groups like Americans for Prosperity and Libre Initiative have been active in the America social fabric for a long time. They have contributed their fair share of transformation in the American social life. Stand Together is said will increase the proportion the Koch Brothers contributed to philanthropic causes outside the political core they are well known.

Since 1973, The Koch Brothers have fought hard to promote small government ideologies. It is an Idea shared by their father, Fred Koch. They have achieved this thinking through political donations and promoting libertarian policies and curriculum in schools. They reveal they plan to spend $ 900 million over the next year in political lobbying. Most of the money will go into preparing for the elections next year.

Stand together will be directed by Evans Feinberg. He will be assisted by Richard Fink, who was named as the most influential man in Charles Koch circle. Brian Hooks will serve in an advisory capacity. Brian is the head of Charles Koch Foundation and Charles Koch Institute.

Charles Koch is the CEO and president of Koch Industries. He has been in the business since 1950 when he took over. In 1962, it had a turnover of around $ 50 million annually. Today, Charles Koch has grown it to have over $ 110 billion annually.

Charles Koch is a graduate of MIT with a Ph.D. He is married to Liz, and they have four kids. Liz says they chose Wichita Kansas as their home because it is a great place to bring up children and do business.

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The Success of James Dondero and Highland Capital Management

The stock market of 2015 was full of optimism and was heavily invested in with a sense of positivism as the stock market demonstrated strength. The stock market of 2015 for the first half looked optimistic until August when the 2015 stock market experienced a mini-crash between August and April that led to uncertainty among investors for the 2016 new year. The new year of 2016 demonstrates similar characteristics to 2015. Though the stock market looks strong and is increasing, investors foresee a similar outcome that is similar to the mini-crash of the 2015 stock market.

The past week has been a positive week for the stock market. This is currently recovering from a multiyear of of lows. This stimulus in the stock market has investors hope the overseas will sea growth in the stock market as well. Some of the largest increases can be noted within the energy industry as well as the oil industry. Other companies that increased in stock market value include Apple.

Though many industries increased in stock market value, companies such as American Express fell behind by 12 percent. With the overall uncertainty among investors decreasing,it is foreseen that the though the economy is weak as of currently, it will get better which is demonstrated by this past week. In summary, for every stock that declined in value, nine stocks advanced within the New York Stock Exchange. Overall the high-frequency trading accounted for 49 percent of the trading volume that occurred in January. This compares to the 2009 trading volume that accounted for around 61 percent of average daily shares.

With the 2016 stock market still in a haze for what is expected, experts within the investment industry have provided their expertise as to how to invest in the current stock market. One expert in particular is James Dondero who is the current owner and co-founder of Highland Capital Management which was founded in 1993. Jim Dondero has over 30 years of experience to which he has been able to apply to Highland Capital Management by way of offering the best credit-based solution.

Jim Dondero’s company has created personalized products that include CLOs, mutual funds, hedge funds and many other products that can be applied to both private as well as public institutions. Mr. Dondero is a dedicated individual who has already provided excellent advise as to how to succeed with investments in this uncertain economy.

Coriant Adds Shaygan Kheradpir To Its Leadership Team

The leadership of many of the world’s most important technology companies plays an important role in developing the stance an individual company will take in moving forward for the future. Technology company Coriant formed in 2013 and was originally under the leadership of financial expert Pat DiPietro from parent company Marlin Equity Partners; DiPietro has recently returned to his former role with Marlin after being involved in appointing his successor at Coriant. Shaygan Kheradpir has now been installed as the newly appointed CEO of Coriant after initially joining the company in advisory role.

Shaygan Kheradpir embarked upon a thorough review of the entire company at Coriant in a bid to determine areas where improvements could be made, which reflects the abilities Kheradpir has as an all round business person. Shaygan Kheradpir offers much more to a company than simply the opportunity to develop new technologies, including the business skills he has developed that saw Kheradpir become the first technology executive to be allowed to sit on the board of the financial giant, Barclay’s.

The skills of Shaygan Kheradpir as a leader in the development of new technologies look set to provide a great payoff for Coriant in the coming years. Kheradpir began his career in the area of research and development, resulting in a number of the now industry standard strategies for development being born. Kheradpir was the first to divide his research team into smaller groups with 30 day deadlines to lower costs and limit hardware backlogs.

Shaygan Kheradpir has been developing both his development and business skills in recent years in a bid to make sure every company he works for benefits in a wide range of ways. Coriant have entrusted the entire company to Kheradpir as a show of trust for the high quality of the review conducted by the technology executive. Coriant has grown to include more than 3,000 employees on its payroll, who are now under the leadership of one of the best known technology experts in the world.

Do Burning Books Reflect Economic Chills?

Troubled Economic Forecasts

Recently, an article entitled “It’s 2008 All Over Again: George Soros Warns China Will Spark Global Financial MELTDOWN” appeared on the online news website Express. The piece reported that billionaire financier George Soros has told an economic forum recently that the current global economic situation reminded him of the fiscal crisis which occurred during 2008.

His gloomy predictions about current market trends have fueled extensive coverage in some media publications. Possibly recent political events in Russia support the idea that a chill has descended across free market processes in some parts of Eastern Europe. The issue of whether artificial restrictions upon the free flow of ideas usually accompany economic downturns has fascinated historians for generations.

Political Pendulums

Of course, most Americans appreciate that the diplomacy between the United States and Russia has not always proceeded smoothly even during prosperous economic times. While the United States enjoyed a booming free market economy during the hip 1960s, Russia and many states in Eastern Europe struggled under oppressive Soviet Bloc monopolies. The USA and the U.S.S.R. narrowly avoided global conflict during the early years of that decade.

With the end of the Cold War during the early 1990s, most people hoped that relations between the the two superpowers would inspire international friendship. George Soros and others worked hard to persuade Russians to modernize economic and political institutions. Americans briefly began adopting Russian orphans in large numbers and welcoming Russian immigrants into U.S. society.

A Cold Front Strikes Eastern Europe

Recent events suggest that not everyone has forgotten lingering Cold War tensions. Billionaire George Soros has invested considerable time, money and energy attempting to promote the spread of democratic ideals in former totalitarian states through his charitable civic endeavors.

Yet after Russia’s post-Cold War political relations with the Obama Administration turned frosty in the wake of Russia’s seizure of the Crimea, officials in Moscow placed two branches of organizations associated with George Soros on a list of entities viewed as undesirable by the Russian government. This year an educational institution in Northern Russia reportedly permitted political activists to remove hundreds of books from college library shelves, some of them linked to the charities founded by the billionaire investment manager.

Accurate Predictions

Does the recent Russian censorship relate to a purely political chill? Or do overtones of economic gloom motivate these harsh measures? Answering this question holds importance for entrepreneurs.

Michigan Family Gives $1.2 Billion Back to Local Community

Dick DeVos is an American businessman, politician, and successful entrepreneur who has not only improved his community in Michigan, but also has even more plans to create more foundations to assist educational, artistic, religious, as well as civic missions. Mr. DeVos is a strong and dedicated businessman who grew up in Grand Rapids, Michigan. Dick even remembers his passion for business at an early age when he and his brother were constantly playing at his father’s office. DeVos and his brother started in the business profession at an early age and even were presenting products and giving speeches at an early age. 

Dick’s success truly began when he received a bachelor’s degree in business administration from the prestigious school of Northwood University. After Northwood University, DeVos continued on to attend classes of business at the Harvard University Business School. In addition to his prestigious education, DeVos was even honored with several honorable doctorates that came from Northwood University, Grove City College, Central Michigan University, as well as alumni recognition from Northwood University. 

DeVos’ spot on the 2012 richest individuals of 2012 is attributed to his hard work that started when he joined Amway Corporation in 1974. At this company, he help many positions in many different departments including research and development, manufacturing, marketing, sales, as well as finance. Just 10 years later, DeVos earned the position as one of the company’s vice presidents. With this responsibility, he had the responsibility to oversee production in 18 different countries and frequently gives talks to other companies about the success of his ventures during that time. To see his full resume, check out Dick’s LinkedIn profile.

Dick DeVos’ success has enabled him to became a part of several organizations including organizations that are geared towards supporting the arts. Mr. DeVos’ foundation, the Dick and Betsy DeVos Family Foundation has been continuously supporting an art competition that is known as ArtPrize since 2009. He and his wife also founded the first aviation high school in Michigan to give children the chance to succeed in aviation that may otherwise not have been able to afford such an education. In 2010, this foundation also donated 22.5 million dollars to the Kennedy Center Institute of Arts Management. This donation was reportedly the largest private donation in the Kennedy Center’s history. 

In addition to Dick’s dedication to supporting the arts, he created a scholarship foundation that was created in 2008. The intent of this foundation was to support student who are involved in MA, MS, or MBA programs. The scholarship is used at the Thunderbird School of Global Management for those who are from developing nations. DeVos and his wife’s dedication to philanthropy is constantly praised through not only the hours put in but also the money that is made through these foundations. He has been quite tight-lipped about the amount of money he and his family have given in the past, but recently they opened up in an interview with MLive and disclosed that they had collectively given over $1.2 billion dollars to charity throughout their lifetimes.

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