Igor Cornelsen On The Brazilian Economy

The Brazil economy is on the right track and is experiencing the best time as a result of the growth of the country’s financial sector. This is the best time for investors to put their money into the economy. The smartest and biggest investors, such as Igor Cornelsen, that wait for such a time in the economy are beginning to enjoy profits and benefits at maximum levels. With the period of economic distress ending in Brazil, China is back to invest and support Brazil. In this article, coverage of Cornelsen’s opinion in investing in foreign property is talked about.

The huge and successful investor puts it clear that if you are planning to invest in a foreign property for the first time, there is some crucial information you need to know. According to Igor Cornelsen, you need to have a clear image of the expectation you have from your foreign investment. When it comes to Brazil, you need to consider several things before you invest:

  1. Have a good connection with the locals

Brazil is honored to have a very good number of business persons and entrepreneurs. These people run their businesses by interacting with one another to keep their businesses going.Cornelsen says that networking and connecting with the business persons in Brazil is easy as it is considered a culture.

  1. Familiarize Yourself With the Currency Restrictions

Government policies and controls need to be well understood. For example, In Brazil, foreigners planning to exchange currencies have to go through an authorized bank. Multiple rates are also present in relation to the type of transaction. Igor Cornelsen adds that doing a research into the laws of the currency is quite important.

  1. Prepare for the Red Tape

The government of Brazil is very committed to ensure all its regulations are followed. This means that it is difficult to make into business with the red tape blocking people. The Brazilian market is delicate, in spite of the ongoing growth that has been seen recently. This is why the government has a lot of regulations. Igor, with his investment firm meant to guide and help investors interested in Brazil’s economy, says that Brazil is returning from an economic disaster.

Luiz Carlos Trabuco Has Been Force For Development Within Bradesco

Recently, Luiz Carlos Trabuco, the CEO of Brazilian banking giant Bradesco, announced that he would soon be stepping down from the position that he has held for over eight years. The 67 year old executive is already two years past the statutory age of retirement, set out by the company’s bylaws. He has been operating under a special waiver signed by the chairman of the board as part of a deal that allows Trabuco to see through the completion of the HSBC Brazil acquisition, which took place towards the end of 2015.

A master of finance in the making

Luiz Carlos Trabuco is one of a handful of employees who came up around the same general period within Bradesco, all of whom are now major power players within the world of Brazilian finance. The rapid ascent of the firm throughout the 1980s and 90s gave its promising young executives one of the best opportunities in the history of the country to become key figures at the national level, acquiring power far beyond what many of them ever could have imagined.

Trabuco was certainly one of these people. He came to work at Bradesco after graduating high school in 1969, at the age of just 18. The young Trabuco had aspirations to attend college but lacked the funds necessary to do so. He viewed the job as likely being a temporary fix – a way to save enough money to go to school and pursue a business degree.

Read more on g1.globo.com

As it happened, Trabuco quickly proved himself to be somewhat of a star employee. He was a quick learner and natural leader. His work habits and capability at his job quickly garnered the attention of his superiors, who were happy to fast-track him through the ranks. By the mid-1970s, he was already in charge of a couple of branches. By the late 70s, he was a regional manager.

All the while, he put himself through night school, eventually earning a bachelor’s degree in business administration as well as a master’s degree in social psychology. These were degrees that he would put to good use throughout his career. By the early 1980s, Trabuco was one of the most polished employees at the bank, with an impressive list of credentials that included his advanced degree and over a decade of upper management experience. By this point, he was an obvious choice for a junior-level executive post.

In 1984, his first crack at running his own business unit materialized. He was tapped to run the Bank’s marketing and public relations department. The unit had previously been run by people who had been promoted above their circle of competence. Trabuco, now steeped in deep knowledge of North American financial operations, was quick to modernize the department. He immediately began making innovative moves, emulating the playbook of successful American financial institutions.

He was able to forge close relationships with local media personalities in all the key markets in which the bank operated. He also began numerous public relations campaigns, such as encouraging Bradesco employees to volunteer at homeless shelters and underwriting massive Christmas charity projects. By the end of the 1980s, test were showing that the bank’s image was among the strongest of any company in the country. Trabuco’s reign was considered a huge success and he was next in line for bigger promotions.

In 1992, he was hit up to run the bank’s financial planning division. The unit had been struggling to turn a profit and was experiencing stagnant growth. Trabuco was again able to apply the lessons of American finance, creating a tiered banking system called Bradesco Prime, which gave the bank’s best clients opulent service. Trabuco instituted the program in a way that allowed the largest clients to receive such complimentaries as first-class airline tickets and stays at five-star hotels. Bradesco Prime customers also had 24/7, on-call personal bankers at their disposal as well as access to separate, luxurious facilities in which they almost never had to wait in line.

Again, this proved to be an enormous success.

Find more about Luiz Carlos Trabuco: https://www.brasil247.com/pt/247/economia/321809/Trabuco-assumirá-presidência-do-conselho-do-Bradesco.htm

James Dondero’s Achievements As The President Of Highland Capital Management And A Philanthropist

James Dondero serves as the president of Highland Capital Management. The company has established itself an excellent reputation amongst consultancy firms, to be regarded as one of the best in the market. Highland capital management came into existence as a partnership between two friends and an insurance company; Mark Okada, protective life insurance corporation and James Dondero. Since its establishment in 1990, highland capital consultants has grown to a high achieving and profitable company. Currently, the firm manages assets worth more than $15 billion. Visit his website at jamesdondero.com.

The consultancy firm offers various financial advisory services to its clients. Most of the clients they deal with are in the financial sector. Other than these clients, highland capital management offers its services to investors, traders, governments institutions, and high net worth individuals. Highland capital management has made it its duty to provide credible, reliable and statistical information. The information they provide has been reviewed by experts who form part of the company’s employees. Under James Dondero’s guidance, the firm has been the most sort after company able to produce the best alternative credit managers.

Clients who are seeking to invest, highland capital management provides them with the next investment frontiers. The provision of investment opportunities in various emerging markets is what makes this company stand out from its competition. For customers who need loan obligation services, highland capital management offers them these services.

Read: http://www.barrons.com/articles/making-bold-bets-on-alternative-investmentsand-winning-1490423757

James Dondero is a renowned businessman and philanthropist respected by his peers and individuals within the financial and business sector. Over the years he has been known for his achievements within the commercial industry. Nonetheless, Dondero’s philanthropic work has begun taking shape.

Dondero is known to apply the same conviction he used to make his business succeed to the charities he supports. He backs various causes and charity efforts as his way of giving back to the society. In as much as multi-year grants are no longer fashionable amongst philanthropists, Dondero uses it to support various charitable causes. Other than providing cash donations or writing checks, Dondero believes that the definitive philanthropic effort involve actively taking part in helping these charities and communities at a personal level. Read more about James Dondero on Bloomberg.com.

How Susan McGalla’s Childhood Led To Career Success

Women in many industries find it very difficult to reach a high level position in their organizations. One woman who has done so is Susan McGalla. One of the reasons she says she was able to do so was because of how she grew up. Her father was a football coach who didn’t let her off easy because she was a girl. Instead, she was treated the same as her two brothers. All of the siblings had to work for what they wanted. Throughout her professional career McGalla has used this experience to garner success in what she does.

When Susan McGalla first joined American Eagle Outfitters every one of the executives working at the company was a man. Despite this, she rose in the ranks at this company and eventually was named its president. Her next career stop was her own company as she founded a consulting firm, P3 Executive Consulting. She now works in another industry very much dominated by men which is the National Football League. She joined the Pittsburg Steelers and has had a lot of success working as their Vice President of Business Strategy and Creative Development.

Susan McGalla is a graduate of Mount Union College. She graduated from this university in 1986 with a degree in marketing and business. She has had many career successes since that time. While she was the President of American Eagle Outfitters, for example, she expanded their portfolio brands to four from just one. In 2008 she led the company to $3 billion in revenue and a profit of $400 million.

Growing up in Pittsburg and having a dad involved in football, McGalla grew up as a Pittsburg Steelers fan. She was happy to join the company in early 2015. While working at the company she came up with and implemented their very successful “

Louis Chenevert, UTC’s pillars of success

It takes a lot of smart and wise moves to thrive in this highly competitive world of business and even more effort to remain relevant and leave a lasting legacy. However, there are a few people who have shown the world that they have all it takes and among them is Louis Chenevert. Louis worked as the general manager of St Therese Production a unit in General Motors for more than a decade and contributed a lot to the success of the firm. Later on, he started working with Pratt & Whitney which was a unit of UTC. Thanks to his remarkable expertise, Louise Chenevert was elected as the president of the entire division a seat he occupied for seven years before going up the ladder and becoming the chief executive officer and also the president of the company. Louis who hails from Canada has been the fuel behind the success of many businesses today, but the one which stands out most is United Technologies Corporation. During his tenure as the president and CEO, Louis took the company to significant levels through his strategic leadership skills. For instance, he helped the corporation expand through the acquisition of a well-established business known as Good rich. It was not that easy as it took him almost a year to convince the business owner to sell it. After all, no one is willing to sell their business on a silver platter unless it is not doing well. As a leader, Chenevert knew that the success of a firm relies on the skills of the staff. That is why he made it his responsibility to help the staff gain skills in their respective fields. Today his legacy lives on at UTC through the continuation of an education program which he left. Apart from turning UTC into a multi-billion corporation, Louis has also had hands in the success of Pratt & Whitney among many others. Today UTC is the leader in the manufacture of military and commercial jets in the world and many other fields.

About Louis Chenevert

Louis Chenevert, a man who is known for cementing the foundations of many companies was born in Quebec and holds several certifications such as a bachelor’s degree in Production management. He has served as the CEO and president of several companies such as Pratt & Whitney among many others. Due to his strategic leadership, Louis has bagged several honors such as an award from National building museum and a doctorate from HEC. He retired from UTC in 2014 and now spends most of his time with family and charity activities.http://www.utc.com/News/News-Center/Pages/Louis-Chenevert-becomes-the-eighth-Chairman-of-United-Technologies.aspx

 

Louis Chenevert Raises the Bar in Major Corporation Leadership

The pursuits of businessman Louis Chenevert have earned him a solid reputation in the industry of aerospace technology over the years. Chenevert’s success started in his role Production Manager of General Motors in Canada, where he was a major influence in the efficiency of operations. He would move on to Pratt and Whitney in 1999 and quickly rise to become its President. Pratt and Whitney is a subsidiary of United Technologies Corporation, and the industry giant elected Chenevert to take the reins in 2006.http://frenchtribune.com/teneur/25552-innovative-deals-and-inspired-leadership-characterize-louis-chenevert

 

While acting as the President and CEO of United Technologies Corporation, Louis Chenevert would guide the $100 billion conglomerate through the economic recession. Headquartered in Connecticut, United Technologies Corporation was subject to high operating expenses. However, Chenevert insisted that the corporation stay in the location where it started and not cut corners related to its workforce. The results showed a surprising amount of gains in the stock market by United Technologies, even during a time of recession.

 

One of the biggest contributing factors to the success of Louis Chenevert while at United Technologies corporation was his ability to focus on the business ventures that he truly believed in. With this culture permeating through the entire corporation, the individuals on the massive workforce all shared the same mindset and vision of Chenevert. This combined effort allowed United Technologies to grow exponentially through its aerospace innovations.

 

Louis Chenevert has constantly shown commitment to the advancement of the employees who work at United Technologies Corporation. He continued to do so by maintaining the corporation’s Employee Scholar Program. Since 1996, over 40,000 individuals who have worked with United Technologies have received financial assistance in continuing education. With the leadership of Chenevert remaining a factor, United Technologies Corporation has invested over $1 billion in higher education funding for its employees.

 

At the present time, Louis Chenevert serves at Goldman Sachs as an Exclusive Advisor for the Merchant Banking Division. His extensive knowledge of aerospace technology and experience with United Technologies Corporation allows him to focus on the opportunities presented. Chenevert advises other businesses involving the industrial sector and aerospace. The time spent at United Technologies Corporation and his general career has earned Louis Chenevert numerous accolades, including a Person of the Year recognition from an aviation magazine and the National Building Museum’s Honor Award.

Susan McGalla Successful Career in the Corporate World

The modern woman is successful compared to the traditional one. This is because of the flood of advice that has been circulating in several platforms. This knowledge has assisted many women who want to advance their career lives and reach greater heights like men. Some women have done their best to find information and embraced it. However, there are those that find it generic and too pandering.

Susan McGalla is considered to be one of the most successful women in the corporate world. At the moment, she is the founder of a successful company known as P3 Executive Consulting. The businesswoman is an expert when it comes to talent management, expert consultation, operational efficiencies, client branding, and marketing. Her company specializes in these activities, and it has done well under her leadership. Susan McGalla has used her expertise to help women to venture and become successful in many parts of the world. She has also spoken to several platforms such as the prestigious Women and Girl’s Foundation of Pittsburgh. Susan has also had the opportunity to share her views at the famous Carnegie Mellon University Speaker Series for CEOs.

In a recent interview, Susan says that most of the ladies she speaks with are those that are looking for an authentic perspective that comes with the practical application. Some of the party lines and buzzwords used have now become very familiar to the women who do not want to be viewed as just women. These individuals want to be targeted as professionals who have shown excellence in other areas.The evolution that has taken place in the recent years is very encouraging to the stakeholders.

Susan McGalla did not have any proper upbringing. Her parents brought her up in a household that was in the middle-class setting. Together with her two brothers, Susan went to the normal schools to acquire her education. Her father was a well-known football coach. Just because she was a girl, her father did not give her any special treatment, and this has made her one of the most successful women in the world. She was encouraged to work hard and get her place in the society the right way. She acquired the confidence to present her great ideas with a lot of confidence, regardless of the people license. Her gender never helped nor hindered her career in the past. Growing up with boys did not make her get special treatment in her house.

Talos Energy ventures in oil exploration

In about 80 years, a private firm, for the first time has sunk a new offshore oil well within the Mexico waters. It has been viewed as the country’s latest step to permit foreign competitors back into its energy markets.

A collaborative venture of Houston’s Talos Energy LLC, London-based Premier Oil Plc, as well as Mexico’s Sierra Oil and Gas, started drilling the well on 21st May, as indicated during the previous week by the Premier.

It is the initial offshore exploration well to be launched by the state-run Petroleos Mexicanos from the time when the country nationalized its oil industry in the year 1938 and read full article.

Holding an estimated 100 million to 500 million barrels of crude, the Zama-1 well, based in the Sureste Basin off the state of Tabasco is one of its kind. Drilling is anticipated to take up to 91 days to complete at a Premier cost of $16 million and contact their.

The three firms won prospective rights in 2015 within the initial round of bidding after Mexico decided to open up its ailing oil industry to private investment.

Elaine Reynolds, an analyst at the London-based Edison Investment Research Ltd, noted that the well would be monitored by the industry keenly. It was because the well served as the initial non-Pemex drilled since the opening up of Mexican waters as part of reform process carried out by the state.

On the other hand, Charlie Sharp, an analyst at Canaccord Genuity Ltd indicated that Zama is one of the most exciting exploration wells that was drilled in the sector during this year, given the implications within the Mexican Market and learn more about Talos Energy.

According to Premier’s statement, Talos is the operator of the well and owns 35% stake in the venture whereas Premier and Sierra hold 25% and 40% respectively.

In this year, WorkplaceDynamics named Talos as most outstanding workplace among local small businesses. Duncan asserted that it was not through offering play-hard perks like Friday happy hours and Talos Energy’s lacrosse camp.

Tallos is always careful while conducting compensation. Duncan together with his team puts pieces of equity pies into the hands of other employees to reduce the risks.

Other Reference: https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=183786013