What Led to the Success of UTC under the Leadership of Louis Chenevert

The only way to the top of the competitive economy seems to be entrepreneurship. However, many people venture into investments hoping for greater results only to end up with nothing. The current economy can be described as overpromising and under delivering. An idea that occurred to be very promising ends up crashing before it’s evaluated. The only way to outgrow these ugly happenings is by researching on what people who always seem to get it right do it.

One of the factors that have proved to make a difference in success is the leadership of the firm. It is the road that the management takes the company that determines what they achieve. The United Corporation Technologies (UTC) is an example of a firm that change of leadership made a noticeable difference.

UTC nominated Louis Chenevert as their CEO in 2006. He served as the company’s Chief Executive Officer until 2014. During this time, a lot changed in the firm; the company changed from an average firm to a premium conglomerate. UTC became the state’s most profitable company. Today, courtesy of the decisions that Louis made years ago, the firm is sowing to higher levels. The GTF engine that he led the company to purchase is used by more than 14 airlines.

Louis says that one factor that attributed to his success in UTC is keeping an open mind and being creative. He also says that he only accomplished the goals of the firm through the cooperative team of UTC. He advises employers to invest in their team for great results. By this, he means taking time to choose who to work with and training them to improve their performance.

The current CEO of the firm believes that by using some of the mechanisms that Louis used will help in maintaining the high standards of the conglomerate. For this reason, the company has maintained the culture of educating the employees. The employees are given a chance to pursue a degree of their choice for free. According to the management, the program has helped the firm become very productive.

Final Verdict

One of the factors that influence the success of the firm is leadership and the team of employees. Every firm should ensure that they have the right individuals in the high positions and a great team.

http://www.utc.com/News/News-Center/Pages/Louis-Chenevert-becomes-the-eighth-Chairman-of-United-Technologies.aspx

Market America is Revolutionizing How People Shop Online

Market America is an online internet marketing, sales, and product brokerage company. The company’s website, Shop.com offers a vast range of products from some of the top online retailer brands in the world. Market America is also a multi-level marketing company (MLM), giving the people the opportunity to make money by being an independent distributor. The company was founded in 1992 and is headquartered in Greensboro, North Carolina. It is a privately owned company and brings in over one billion in revenue annually.

Market America was founded by JR Ridinger and his wife, Loren Ridinger. JR Ridinger was one of the top distributors for another multi-level marketing company called Amway. JR Ridinger has a B.A. from Gettysburg College. He envisioned an online company that could provide customers with everything they need in one centralized location and a business that provided unparalleled opportunities for entrepreneurs around the world. This lead to his business model for Market America and since its founding, it has lived up to JR Ridinger’s vision. The company is now operating in over ten countries worldwide and has created over 300 millionaires.

The company’s website (Shop.com) offers a multitude of products in categories such as beauty, home, groceries, clothing, travel, shoes, kids, and more. Loyal customers also have the opportunity to earn cash back on certain purchases. Independent distributors get their own Shop.com website to market products and local merchants also have an opportunity to partner with Shop.com to list their products and services for sale. The company also sponsors annual conferences for all of the Market America independent distributors to come together and celebrate their success as well as the company’s success and future endeavors.

Market America is revolutionizing the way people shop online by offering almost everything that a consumer needs on one, centralized shopping website, as well as allowing independent distributors to have the opportunity to earn money as well. As people spend more time online, this innovative retailer strategically attracts more customers. JR Ridinger is a visionary, and under his leadership the company will continue to grow.

https://twitter.com/marketamerica

Stream Energy’s Business Model

The company uses the direct selling approach to deliver various products and services. The business does more than sell energy; it also provides mobile phone plans, virtual doctors, and telemedicine.

Its associates build networks of happy, loyal customers, and they get commissions for their contribution. These associates are not employees; they are business owners and entrepreneurs.

They identify areas where they and the company can help and give support. The company’s top leadership and employees also participate in grassroots giving.

Homelessness in Dallas

Homelessness is one of the causes about which Stream Energy cares about deeply. The business and its employees continually gather information on the level of homelessness in Dallas, which has increased by a staggering 24 percent. The company partners with Hope Supply Co. to address this problem.

During Hope’s annual splash, Stream Energy and its passionate associates paid for entrance and meals for more than 1,000 homeless kids in North Texas. Over the last four years, Stream has joined hands with the charity to provide school supplies, diapers, and clothing for homeless kids.

The charity’s annual event gathers homeless children to a local water park, allowing Stream’s leadership and workers to show them kindness and generosity.

Meeting the People

Stream worked with Operation Once in a Lifetime last December to provide moral and financial support to veterans and their loved ones from the Dallas area. The company paid for transportation to less fortunate veterans and their families and treated them to a special lunch at a top Texas restaurant.

On the following day, Stream Energy helped to facilitate the American Girl Experience for ten girls of military members. The company later paid for lunch for each of the girls at the American girl café.

Stream Energy, its associates, corporate leadership, and employees do not view giving as an event; it is a way of life. In a state not known for philanthropy, Stream prominently stands out.

https://www.instagram.com/mystreamsocial/

Vijay Eswaran Continues to Grow QI Group

Vijay Eswaran is a businessman who was born and raised in Malaysia. He was born in Penang in 1960 to a local school teacher and a member of the national government. After finishing his secondary education, Eswaran ended up moving to the United Kingdome where he earned his bachelors degree in London. After finishing his degree, he spent several years living in various places across Europe while working odd jobs.

Eswaran ended up moving to the United States in his mid-20s and earned his MBA from Southern Illinois University. While he was in school he was able to get a part time job working at a multi-level marketing firm, which gave him the experience necessary to continue to develop his career. After working for a multi-level marketing firm in the US for a few years, Eswaran moved back to Malaysia.

While working in Malaysia, he ended up gaining a strong reputation for understanding the concept of multi-level marketing. At this time he was approached to help start a new company called the QI Group, which would ultimately prove to be one of the top marketing firms in the world. The QI Group today helps customers in a wide variety of industries including consumer goods, transportation, and wellness.

While he is still heavily involved in the growth and management of the QI Group, Eswaran is also involved in a number of charitable causes. He currently sits on the board of directors for a few different charities and donates a considerable amount of time towards the advancement of those causes. Eswaran also spends a considerable amount of time as a public and motivational speaker in which he speaks at large corporate events giving insight to a variety of organizations looking to advance in the business world.