James Dondero is Transforming Lives through Charitable Works

It is not all entrepreneurs who have the spirit of giving back to the society. James Dondero is not such an entrepreneur. He has made great efforts in his charitable works. He is the president and co-founder of the Highland capital management. He made sure that the company’s mission includes giving to charity. He has localized charitable giving and focused on Dallas community. He has supported several charitable organizations such as education freedom, the Dallas zoo, SMU’s tower scholars program, Perot museum of nature and science, and the family place. The philanthropist and entrepreneur, James Dondero has a long day filled with various activities that help the organization in Dallas. He has used his financial organization to make an impact on the community.

He takes a strategic approach to his  philanthropic work, he is well known for all his charitable works and changing the lives of Dallas residents. James Dondero has partnered with the former CEO of Woodall Rodgers park foundation, Linda Owen. Together they are making an impact to different organizations in the Dallas community. The charity works in the family place is focussed on providing $1 million grant. Through the grant, the family place got a head start for its fundraising. The family place offers services in family violence in Texas. The firm also provides education, professional counseling and lifesaving shelters to the violence victims. The Dallas zoo is yet another organization where philanthropist James Dondero offers his assistance.

He provided a donation of $1 million to help build the hippo habitat at the zoo. Through his working contribution, a highland hippo hut was established. The hut is used for educational display and private events. The SMU tower scholars program got a $2 million from the highland capital management. The contributions were meant to create the tower scholars program fund. The program is for undergraduates who want to study politics, international affairs, and ethical public service. A student who is chosen from this program gets the chance to study abroad and met global leaders. James Dondero also offers financial supports the education is freedom. The funds are for youth who want to get college degrees. The organization provides standardized test preparation, college degree, professional development, and internships.

Jeunesse Global: on a mission to create Generation Young

Wendy Lewis and Randy Ray are stalwarts of the international health, beauty and direct-marketing industries. As the founders of dozens of the most successful businesses in the field, they have gained a reputation as skilled entrepreneurs and straight shooters.

When the couple decided to retire in 2009, they had long since achieved total financial security. Living in a sprawling Florida estate, the couple had no need for any additional money. But retirement soon proved to be far more boring than the couple had envisioned. It didn’t take long before Ray and Lewis began selling a few items out of their garage. Before long, they were spending more than 40 hours a week on their new venture. Jeunesse Global had become a reality.

But Ray and Lewis weren’t looking primarily to make money from their new firm. Instead, they were interested in creating innovative products that would fill market gaps that had been left ignored by the largest players in the industry. They were also interested in creating a business plan that would allow distributors to enjoy some of the immense economic opportunities that had defined the couple’s own career even if those distributors happened to be from less-advantaged areas of the globe.

Through the creation of the Jeunesse Global business plan, Ray and Lewis were able to create a system that would allow distributors up to six different ways to earn money. As the company got off its feet, distributors from all around the globe quickly discovered that the Jeunesse Global business plan was a real opportunity to earn life-changing money.

While the company is careful to only present realistic promotional material, eschewing the gimmicky tall tales of easy riches that other direct-marketing companies have become notorious for, there are, nevertheless, now a large number of Jeunesse Global distributors who have achieved total financial independence through following the company’s business plan.

This success is no accident. With the creation of the Youth Enhancement System, a package of over a dozen of some of the most revolutionary health and beauty products on the market, Jeunesse Global’s items virtually sell themselves.

https://twitter.com/jeunessehq

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

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/

Meet the CEO and Person of the Year Award Winner, Louis Chenevert

Meet the CEO and Person of the Year Award Winner, Louis Chenevert

Louis Chenevert is an incredibly accomplished CEO having built countless businesses from the ground up. Louis has served as a high-level executive and leader in many recognized and highly reputable US firms. Louis has built quite the amazing portfolio over the years. The current CEO of United Technologies Corporation (UTC) who took over from Chenevert, described him as a consummate leader who always leaves companies better and stronger than before. Chenevert’s strategy often involves developing a waterproof investment plan that’s suited for the long haul. The award-winning CEO is a huge believer in investing in their workforce human resource department of his companies.

Awards and Accolades

Louis Chenevert is renowned for his uncanny ability to balance both short-term and long-term goals. He’s an astute leader who perfectly understands the essence of investing in tech innovations in building a successful company. In the late nineties, Louis used to head up a leading aeronautical firm called Pratt & Whitney Inc. At Pratt & Whitney, Louis was instrumental in turning this company around with the introduction of new advanced manufacturing tech. the visionary leader helped the erstwhile struggling jet engine manufacturer to up their revenues exponentially in just a couple of years. For his outstanding feats, Louis is the recipient of the prestigious Person of the Year award in the late 2000’s.

Future Plans

By the time Mr. Chenevert left Pratt & Whitney in 2006, he’d risen to be the engineering firm’s overall president. That fact made it remarkably easier for Chenevert to merge the two establishments together into one giant conglomerate. Over the next decade, the two firms would sink in an estimated $10 billion and effectively succeeded in transforming the aviation industry. No wonder, Pratt & Whitney have manufacturing plants in far-flung locales like Florida, Georgia, Connecticut, Maine, New York and Michigan. The ambitious manufacturer seeks to add on an estimated 25K employees to support their growing operations, nationally and globally.

The GTF Engine

Pratt & Whitney and UTC partnered up and perfected a revolutionary engine called the GTF engine. The engine is a special engine that consumes roughly 16% less fuel and it spews 50% fewer emissions. Since the GTF engine debuted, it’s received a grand welcome from the leading global airline carriers. As of 2018, the engine is now fitted into over 70 aircraft and it has performed impeccably well, according to the flight crew engineers.

https://www.yachtingmagazine.com/louis-chenevert-horizon-yachts-P105-design#page-3