Brazil has been characterized by a sturdy State presence from the 20th Century. However, in the late 1980’s the country experienced its initial deviation with the start of the privatization process largely due to the huge external debt. The National Confederation of Industry (CNI) finalized on a research that showed that the private sector plays an important role in modernizing the infrastructure sector of the country. Felipe Montoro Jens, an expert in Infrastructure Projects, explained the process.
The Start of the Privatization Process
Institutional modernization was started by the political regime of 1930. This saw 50 years of an uninterrupted growth of State action scope that included the creation of enterprises owned by the state. In April 1990, the National Privatization Program was created and privatizations were among the government-proposed economic reforms. This saw companies in the petrochemical, steel and aeronautical sectors privatized. In the 1995 Concessions Law, the new regime offered priority to the privatization of corporations in the transportation, electric, telecommunications and sanitation sectors. The new government also prioritized the sale of state-owned banks. The General Telecommunications Law stipulated that the state was in charge of regulation but no longer provided services.
An independent National Telecommunications Agency (ANATEL) was created to regulate the sector. It is worth noting that the privatization process success was as a result of the organization and consolidation of the regulatory agency in charge of regulation before opening any of the sectors to private capital. New companies had to adhere to the standards established by this regulatory agency.
About Felipe Montoro Jens
Felipe Montoro Jens is an executive officer in a number of organizations like AC Energia SA, Concessionaria Interoceanica Travase Olmos, Empresa de Generacion Huallaga SA and others. He is a Principal at Peru Inversiones En Infraestructura SA, Maranon Energia SA and H2olmos. He attended the Getulio Vargas Foundation and earned his undergraduate degree. He also holds a graduate degree after attending the Thunderbird School of Global Management.
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Gregory James Aziz is the Chief Executive Officer and President of the National Steel Company, and he lives in Ontario Canada. Gregory has many years of experience as a corporate leader as he started his career at an early age working in Food Affiliates Company, which is owned by the parents. Although Greg Aziz served in junior positions as a young man, he took on managerial roles after graduating from Ridley College and the University of Western Ontario where he majored in Economics.
Before he moved to other personal businesses, Greg helped in improving the operations of the corporation refining it from a local to a multinational organization. Greg Aziz helped Food Affiliates start exporting fresh food from Europe, North America, and Central America and distribute it to Canada and other sections of America. The profitability of the firm also increased in this season, and the turnover rate fell. Asked how he managed to reduce the turnover rate, he says that he motivated the employees by giving them attractive packages and making sure that they served in the areas of their strength.
In the late 1990s, Greg Aziz moved to the banking industry where he worked until the early 1990s. In 1994, James Aziz bought the National Steel Car Company from Dofasco with the vision of expanding the quality and quantity of work. Greg J. Aziz improved the quantity of production from 3500 cars to 9000 cars per year within five years. Additionally, the number of workers also rose from 600 to 3000 employees. Greg ensures that the workers hired are the best in their fields to ensure that human resource in the firm is rich.
Greg Aziz inculcates a corporate culture that allows the workers to focus on quality production. He says that getting eyes off the main focus results in corporate failure. At the same time, Greg also teaches on excellence, telling the workers they must deliver a quality that surpasses the usual as a way of being the best in the industry.
The above is achieved as many customers praise the National Steel Car Company for its incomparable quality. James A. Aziz also values stakeholders such as customers, workers, and suppliers. He respects all laborers in the firm as he says without them the firm would not progress. At the same time, he ensures that the customer’s needs are met by asking employees to customize all products to the client’s needs. Greg also keeps a good relationship with all his suppliers.
Having worked in the finance industry for an excess of three decades, CEO James Dondero has been able to excel in the management of various investment firms. His contribution in solving puzzles surrounding emerging trends, debt deals, and turnarounds are well known. He works in collaboration with executive Mark Okada in growing Highland Capital Management. In 1993, they partnered with an insurance firm and moved the company headquarters to Dallas. Highland Capital Management donates to various charity organizations and has a workforce of about 165 employees.
When they began this company, their initial idea was credit although they were able to grow this business into a non-bank collateralized loan obligation firm. Their interest in alternative investment has led them to form several alternative mutual funds. In 2012, they expanded their business to Argentina and took over the country’s sovereign debt. In Argentina, this company developed partnerships with entrepreneurs in the oil business. Dondero has interests in emerging companies, such as wind power and pharmaceutical enterprises.
About James Dondero
James Dondero is the managing head of Highland Capital Management and a veteran in equity and credit markets. Dondero has worked for various corporations since 1984. He studied at the University of Virginia where he graduated from the school of commerce with honors. Dondero is a certified accountant who holds certifications, including Chartered Financial Analyst (CFA) and Certified Management Accountant (CMA). He has held various executive and non-executive positions in most of the companies he has worked for in the finance industry. Some the firms Dondero has worked for include American Express where he worked as a corporate bond analysis. Within a period of four years, he was able to raise to the position of the company’s portfolio manager where he was able to raise more than $1 billion in capital for the firm.
Dondero has also worked for Protective Life GIV as its chief investment officer. Since he began working at Highland Capital Management, Dondero has been able to build this company into a million dollar enterprise with assets worth $19 billion. Under his management, this company has been able to develop affiliates, including NexPoint Advisors, Acis Capital Management, NexPoint Residential Trust, and NexPoint Capital. He has also enabled the business to win various awards, such as the Lipper Award for Floating Rate Opportunities.
The founder and CEO and Chairman of PodcastOne, Norman Pattiz has announced that the network will be launching a new program. The program, dubbed ‘Beyond the Darkness’, will be hosted on one of the stations part of the network, Chris Jericho’s Podcasts. The show is aimed at discussing the things that happen beyond the normal that is paranormal activities. The topics that will be discussed on the program include Ghosts, Ghouls, demons, angels, demons, monsters and other mysteries. Dave Schrader will host the talk and will be helped by Tim Dennis, a radio presenter. They have organized the program such that a new episode will be released every Monday on YouTube, the Podcast Network and also iTunes.
When the show host was talking about the exciting new show, he hinted that it would be very different from the normal WWE wrestling related shows. He made these comments a few weeks before the launch of the show. He was quick to state that one of their greatest gems as a company is Chris Jericho from the WWE Wrestling. In the past, Jericho has coordinated shows with ranking comedians and it will be refreshing to see how he will handle the new project that is dealing with the paranormal.
When Chris spoke about the program, he stated that he was both stocked and creeped out about the entire show. He confided that the decision to start airing content about the paranormal had come after the host of fans that entrusted them with information about things that happen in the otherworld. He expressed optimism that the network would gain a huge positive following and promised the prospective listeners that they would be really spooked in the process. This new program is something of a dream come true for the network because to start with, the following that Chris has in the WWE Network may be transferred to the new program, therefore establishing a good fanbase to start from.
PodcastOne is one of the leading advertisers for the national podcast network. The founder of PodcastOne, Norman Pattiz, also founded WestwoodOne. The podcast network has been hosting some of the most popular podcasts from the present day. There are many high-ranking celebrities that have been hosted on the network. These include Terry Dubrow, Steve Austin, Ross Mathews, Dr. Drew and many others. There is a series of expansions that the company has been going through and all this is in the hope that it will get better ratings for the network.
Read more: http://www.usatoday.com/story/tech/2015/09/24/norm-pattizs-podcasting-bet-paying-off/72693896/
Follow him on Twitter @norman_pattiz
Adam Milstein co-founded Hager Pacific Properties and started the Milstein Foundation. Milstein has been very successful in managing commercial and residential properties and is also an outspoken defender of Israel’s public policies. Adam Milstein and his wife Gila started a program to educate Jewish families in Hebrew and other cultural traditions through their foundation, and are actively involved in every non-profit group they support. Philanthropy is an important aspect of Milstein’s work and recently he sat down with business blog Ideamensch to discuss his career choices.
Milstein told Ideamensch he’s never had a job he didn’t like and believes in hard work to drive success. He got the idea to start Hager Pacific Properties while he was in grad school because he felt he could do better than what other potential employers were offering him, so he started his own real estate investment company along with David Hager. Milstein said that persistence is key to succeeding in this business as well as patience because it takes time to generate profits in real estate. He also said that he finds specific goals too limiting in his business and prefers the spontaneity of the real estate industry.
Adam Milstein is originally from Israel having been raised by parents who immigrated there from Latin America when the nation was founded in 1948. Adam learned the building framing trade from his father growing up and it became a platform for his real estate career. Milstein also served in the military during the Yom Kippur War and was a part of the invasion of Egypt led by Ariel Sharon. Upon returning from the war Milstein married Gila Elgrably and also enrolled at the Technion, Israeli Institute of Technology. In 1981 he and his family moved to the US where he completed grad school at USC and founded Hager Pacific Properties shortly after.
Milstein founded the family foundation in the year 2000 and helped start other non-profit groups through it. He’s the Chairman of the Israeli-American Council and a member of AIPAC, StandWithUs, Hillel International and Jerusalem U. He also made the Jerusalem Post’s Top 50 Most Influential Jews list this last year.