staithes.org

What's Going On Today?
staithes.org

Category Archives: Innovation

Shervin Pishevar Fears the Lack of Innovation in America

Posted on by

Shervin Pishevar has never been afraid to make bold predictions, even when the vast majority of the investment world has seen things otherwise. He recently continued this trend, returning to Twitter after a brief hiatus, in order to discuss a myriad of controversial issues that he believes will shape the financial culture of the globe for years to come. In his Twitter rant, Shervin Pishevar discussed a number of key topics, including the United State’s traditional practice of exporting inflation, the fall of several key conglomerates, and the failing infrastructure of America.

During this tweetstorm, he also discussed the status of the US stock market, predicting a major dropoff over the course of the next few months.

It only took one day for Shervin Pishevar’s comments regarding the stock exchange to trend in that direction, as the Dow Jones plummeted an incredible 500 points in less than one hours, while the S&P, industrials, and bonds began looking more vulnerable than any points in recent history. If Shervin Pishevar’s thoughts regarding the stock market continue to trend in the predicted direction, it will be in stark contrast to the beliefs of the leader of the free world, United States President Donald Trump. President Trump, who is very active on Twitter, has continuously backed the upward trends shown by the US stock market over the course of several years, but if Mr. Pishevar is correct, this is sure to come to an end. He even began a new hashtag which quickly caught fire on Twitter called, TrumpDump, in response to the US President’s incorrect backing.

One of the more important issues that Shervin Pishevar touched on during his 50-plus tweet rant, was the infrastructure and innovation (or lack thereof) of the United States, which when compared to places like China, is severely behind. According to Mr. Pishevar, the lack of innovation in America today has a direct correlation with the loss of power in Silicon Valley, as “the American way” has now become the “global way,” as well as the power of companies like Amazon and Google, that have consistently swallowed up smaller competition, essentially eliminating true innovation.

 

https://news.vice.com/en_us/article/qvzgj3/shervin-pishevar-hyperloop-one

https://medium.com/@shervin

Tagged: , , , .

The Corporate Journey of Business Mogul Louis Chenevert

Posted on by

Louis Chenevert is a Canadian businessman with global recognition. For the years he ventured into the business world, he has made a positive impact wherever he has worked. With a degree from HEC Montreal business school, Louis joined General Motors where he has served in various administrative posts for more than a decade. His knowledge in product management enabled him to come up with strategies and principles that are useful in the smooth running of the company. Louis left the company to serve at a manufacturing company dealing with aircraft engines, Pratt & Whitney. During his time in the business, Louis made impressive progress doubling the performance standard of the enterprise. His effort received recognition, and he became the company’s president.

Louis Chenevert spread his excellence wings further and joined United Technologies Corporation in 2006. Louis sunk back to work and even invested in the company as a sign of belief to the business’s innovative objective to come up with high tech products. UTC dealt with assembling of jet engines for both military and commercial purposes. The company also has various project deals working with aerospace, air conditioning and refrigerator sector. Within no time as chairman of the company, Louis increased the share price by $80. He was in charge of several operations at the company including the historical acquisition of a Goodrich by UTC which hit the headlines as the best acquisition.

Louis made revolutionary changes for UTC; he facilitated the company to adopt the use of eco-friendly products that improved the environmental condition. He was also in charge of allocating staff work according to their capabilities which grew the company’s economy tremendously.

Louis Chenevert is originally from Montreal. However, his prominence is on a global level. Several investors have and still use his techniques to run their businesses to entrepreneurial glory. Once he left the business school, he made significant marks in the corporate world, and as an alumnus, he received the doctorate honoris causa. In every company he worked, he did his work wholeheartedly to improve the general performance of the enterprise. His work has also contributed to the country’s general economic growth.

Since his retirement from UTC, Chenevert joined the Merchant Banking Division Goldman Sachs, where he continues to contribute to the development and advancement of the aerospace and industrial sector. Additionally, he served as a vice person board member at Business Council for a year. Louis Chenevert’s success is not a stereotypical one; after all, not all businessmen are honored the person of the year by Aviation Week & Space Technology.