One of the greatest news this year is the Fortress-Virgin new partnership, which according to pundits will have a huge impact in the future of the railway system in the USA. The new partnership will expand the Fortress Investment Group dream of making the railway system efficient and competitive again. For the past few months, Brightline has redefined the position of private investment in vital economic drivers such as transport systems. The entity has not only given USA citizens better services as far as speed and efficiency are concerned about value for money. Richard Branson injection to the company will only be revolutionary. Read more about Fortress Investment Group at bizjournals.com
This is not the first time Fortress Investment Group is engaging potential investors in their expansion journeys. The company is certain that with proper investment in this private equity, the future can only be bright. The ability to realize that the Brightline needs the kind of funding the British billionaire is willing to support the company with, is recommendable. Wes Edens is certain that this partnership will enable both the parties work towards a national expansion of Brightline and therefore cement the position of Fortress Investment Group in the world of solutions. The new funding will give the entity the ability to start expanding to other geographical locations within the USA.
The new funding from the legendary Virgin Group will however not affect the operations of the company. The management structures will remain under the leadership of Fortress Investment Group. The decision not to change the private entity’s management is not only wise, but also important in ensuring that the operations remain untouched. However, the company will acquire a new name, Virgin Trains USA. The change of the name is to cement the partnership and to reflect the new company’s future. This renaming is consistent with common practice and therefore vital.
The main reason why Fortress Investment Group chose Virgin Group was mainly that the later have a good reputation in the vast traveling industry. Having an investor that has a better understanding of transport logistics is not only great, but also one-step to a brighter future. Learn more: https://patch.com/new-york/new-york-city/force-innovation-two-decades-fortress-investment-group
United Technologies Corporation has had a long history of success. This is due in part to their prior President and CEO Louis Chenevert. Elected to be the President of this company in 2008, Mr. Chenevert had already built the trust of those he worked with during his time as the Director of the company. What has he done with the company since that time?
Mr. Chenevert’s early days were spent working with General Motors. It was at a later date the he went to work with Pratt and Whitney in 1993. Due to his success in each position he held, he was a highly coveted employee to bring on board. All of this experience prior to his time with UTC was ideal for his training to prepare for the greater work ahead. How did he make UTC a global force?
If you were to talk to the current CEO of UTC today, he would tell you that he had big shoes to fill. Gregory Hayes has mentioned in recent interviews that Mr. Chenevert was a good steward of the company’s resources, and that he left it better than he found it. Additionally, he led the company by focusing on what was long-term. What would bring the greatest amount of success in the future without making rash decisions or overspending with the company’s budget?
The second greatest compliment that Mr. Chenevert could ever hope to receive, was that he was also one to lead with measurable results. He could deliver, but he could measure it. Setting well thought out goals for the short-term, he was able to set his sights on the long-term. One of his most important points while serving in this position was that he believed it was best to invest in his people. His belief that investing in good people and good technology would only cause the company to excel at a later date.
Mr. Chenevert carried this torch to every company he served. His innovation at Pratt and Whitney prospered the company in a way they never imagined. Today, Mr. Chenevert is still regarded as one of the most successful businessmen in Canada.
Aloha Construction, founded in 2008 with the mission of offering the best roofing services at best prices, has grown to two offices and a partner company. It was honored to be among the companies that were recognized and received the 2017 Torch Awards given by the Better Business Bureau (BBB) that serves Chicago and northern Illinois. The award serves the purpose of identifying companies that are consistent in providing quality and honest services. The fifteen judges who made the panel for BBB chose Aloha for various reasons.
The first reason is that Aloha puts its customers first. According to Aloha, a company cannot exist without having customers. With this, they had a goal of 20,000 roofing jobs provision in the State of Illinois. Though this doesn’t come easy, they still managed to provide the jobs and were recognized by BBB for that. Aloha Construction also offers free roof inspections for its customers every year. This is to enable customers to know of damages they didn’t know of and also ensure that their insurances cover the repairs before the end of the timeframe. Another thoughtful step Aloha Construction took is partnering with Synchrony Financials thus streamlining the customers’ payment process. Lastly, they offer a 10-years warranty to its customers offering them a peace of mind and an assurance of free repairs.
The second reason that led the company to be recognized by BBB is its dedication and appreciation for its employees. This is evidenced by the fact that Aloha selects the best-performing employees and sends them to an all-expense paid resort with their families at Maui, Hawaii for a week. Aloha Construction also offers its employees a thorough training and best salaries to keep them motivated and productive. Also, it offers long-lasting job positions to enable employee stability.
The last reason that contributed to Aloha being recognized is its ability to put its community first. This has been achieved by the sponsorships they have offered various teams to support their dreams, offering Bloomington Thunder hockey game tickets to Bloomington Boys and Girls Club and giving Chicago Bulls VIP tickets to a child with heart disease and his friends.
Being able to put the customers, employees and community first made Aloha Construction be recognized by the BBB and be awarded the Torch Award for Marketplace Ethics in 2017