Category: Philanthropist

 Du Shuanghua Recap

China’s Du Shuanghua and the Sale of Rizhao Steel to Shandong Iron & Steel Group in 2010

Rizhao Steel is a leading Chinese manufacturer of hot-rolled coil steel, with a capacity of 3.2 million tons per year. For over ten years, the company has been a pillar of the East China metropolis of Rizhao. Its production of large quantities of steel and its central location has made it a target for many foreign investors. Despite its many challenges, including the transition from a planned economy to a market economy, the company has thrived because of its high-quality products and reliable workforce.

The Rizhao Steel Triangle is a geographic area consisting of three cities east of the Shandong province: Rizhao, Jiaodong, and Linyi. It is an important center for the production of steel in China. The area is known for its abundant iron ore deposits, the raw material used to produce steel.

READ: The Success of Rizhao Steel Under the Leadership of Du Shuanghua

Reasons for Sale of Rizhao Steel to Shandong Iron & Steel Group

Rizhao Steel was founded in 2003 by Du Shuanghua to become a nationwide supplier of high-quality steel products.

The government’s stimulus programs, reduced interest rates, and rising incomes helped significantly boost the country’s steel consumption. But the price of imported steel rose rapidly, so domestic steel producers had to pass on the burden to consumers. This resulted in a sharp reduction in steel prices for consumers, which made it hard for Rizhao Steel to break even.

In 2006 Du Shuanghua sold 67% of the company to Shandong Iron & Steel Group and the remaining part in 2010.

When Rizhao Steel company was looking to raise fresh capital for its expansion plan, it turned to its local government for support. Instead of financing the company, the local government officials tried to sell the company making it hard for the company to survive.

Conclusion

In the past 15 years, the Rizhao Steel Triangle has seen many changes in its production industry. While the global steel demand has dropped, its demand in China has increased.

 Du Shuanghua is Relying on Technology to Control the Steel Business

The steel industry has been one of the oldest businesses that organizations have been undertaking. This is an industry that was discovered in the early 19th century, which means that it is no longer a new sector. Also, the companies currently operating in this sector have been in the same business for many years. They have some established operational strategies, which means they know how to control the market.

However, the fact that the steel manufacturing sector is an older industry does not mean that there are no new companies joining the sector. Obviously, many organizations and business owners are looking to exploit operations in this industry. Du Shuanghua is a modern business owner who has made an effort to invest in the steel manufacturing business, which has been an effective industry that has enabled him to become one of the prominent investors in the market.

Du Shuanghua has not been working on the traditional investment approaches that other industrial players have been using in their operations. As it stands, Du has been relying on modern innovations to create a room where he can operate and emerge as a person who is victorious in her operations. That is why it has been easier for him to control one of the sectors that have been very competitive among the industrial players who have been operating in this business.

Rizhao Steel has been one of the few steel manufacturing organizations that are already controlling the steel manufacturing industry. Generally, this organization relies on technology, which is something that has enabled it to be a company that is able to outperform other businesses that have been looking for some opportunities in this area. However, Du Shuanghua is aware that people don’t have sufficient information in technology, which is the reason why they have failed to remain successful in this sector.

Read More: https://en.wikipedia.org/wiki/Shandong_Steel

Robert Kraft On Turning Passion To Career

Many attributes define an established businessman. They may include certain aspects that have been instrumental in an individual’s success. Robert Kraft has established his business consistently for over forty years. Robert Kraft’s legacy as a leader has been defined throughout his career and in the building of the Kraft Group.

The Kraft Group is a family-governed business that consists of businesses that Robert Kraft has founded over his career. Below are certain aspects of Robert Kraft that can be learned from his career journey.

Turning His Passion into Revenue Returning Avenues

Robert Kraft is one of the outstanding entrepreneurs who have successfully turned their passions into businesses. Robert has been a longtime fan of the New England Patriot. He faithfully attended all the season games. Therefore, when he got the opportunity to buy the land adjacent to the stadium, he took it, hoping it would gain him a way to buy the Patriots. The opportunity soon came, and he was able to buy the team from James Orthwein. Soon after, the team won consecutive games and Patriot Fans sold out consecutive games at the stadium.

Innovative and Entrepreneurship Ability

Robert Kraft worked on a hunch to build International Forest Products. He foresaw the increase in expansion of global trade, which led him to become a trader of physical paper commodities. After purchasing the Patriot Franchise, he built a $350 million called Gillette Stadium. He then sought to develop areas around the stadium into entertainment and shopping areas. The businesses have come instrumental in the becoming of Kraft Group. Go here for additional information.

Taking Part Investor Opportunities

Robert has been known to fund various projects that would ultimately benefit him. He pulled funds for New England Television Corp. He was also known to have a major interest in investing in Champion League winners. His interest has always been in allowing others to grow by presenting an adequate financial capacity.

 

Find more information about him on https://www.independent.co.uk/topic/robert-kraft

 

 Making the Turn: Mahmoud Khattab

Mahmoud Khattab is a man who has been a proponent of the medical industry and heads his own company called Precision. He has had to deal with the pandemic like everyone else in the world today and he sees that things will be changing in the coming years. He has always wanted to help others and he offers these three things in order for CEO’s and leaders to get on track with the business world in spite of the Coronavirus.

One of the things that Mahmoud Khattab points out is that the shift has to go back to the workers. For a couple of years now the focus has been on safety and prevention of the spreading of the Coronavirus and its subsequent variants. The focus should now turn to what the workers need and how they will be able to keep their jobs. One way to do that is to look at new markets for opportunities in new sectors. Workers can focus on new things instead of doing the same old thing day in and day out.

Another point that Mahmoud Khattab mentions is cost cutting. It has taken a sharp decline over the past year and is not as important as it once was. the emphasis in that category has shifted with the onset of the coronavirus and leaders are starting to realize that.

One final point that is gaining traction is digital growth. This is something that leaders are looking at this category because of the number of workers who have to work from home. This is one category that is really moving up the list and CEO’s are starting to take notice. These are challenging times and leaders must keep up with them. That is why businesses must be willing to adapt to survive changing circumstances.

See more information: https://www.crunchbase.com/person/mahmoud-khattab-ebbc

 Mahmoud Khattab’s Perspective on the World Health Care Outlook in 2021

There has never been a more critical time to prepare for a major pandemic and accelerate the development of a worldwide workforce to achieve universal health coverage.

Mahmoud Khattab: The global medical research and healthcare services sectors are responding to the changing context of COVID-19’s development and circulation, working together to engage governments, businesses, and communities in planning and response. The urgent need to predict how the disease will spread is leading to the expansion of the WHO’s Pandemic Influenza Program—all of which brings innovation and disruption to the global health care sector.

Global spending on health services will top $7.1 trillion by 2021, almost double the projected spending of $3.7 trillion in 2016. Innovation is central to generating value for all stakeholders.

Public Health Systems Must Adapt and Innovate

Productive public health systems, such as those in Norway and the United Kingdom, can respond faster to this and future pandemics by increasing their capacity to manage crisis. Still Pivotal in Future of Health Care Productive public health systems, such as those in Norway and the United Kingdom, can respond faster to this and future pandemics by increasing their capacity to manage crisis.

International Development Organizations: Since traditional responses are unsustainable and costly in the long-term, new approaches are needed. One key area of change is how responders act as bridge-builders between the affected countries and those that are ready to support them. Mahmoud Khattab: Providers and payers are in a state of near permanent evolution, changing with changing market conditions and the emergence of new health challenges, new technologies, and business models, including shifting consumer demand.

Preparing for the Next Pandemic

There are three areas for action – prepare for the next pandemic, strengthen clinical practice, and improve health system and social care. Co-located with the Annual Conference on Public Health and Infectious Diseases, the Voluntary Collaboration on Next Pandemic Public Health Conference (VCPHP) will focus on these three areas and help advance further action to ensure public health is prepared for and responds quickly to emerging health threats.

Website: http://www.mahmoudkhattab.com/

The Life And Times Of Pam Baer, A Renowned Philanthropist In Bay Area

Pamela Baer learned about philanthropy from an early age while growing up in the Bay Area, exposed to leaders such as Walter and Leonore Annenberg and the Annenberg Foundation. Pam’s philanthropic work now focuses on healthcare in low-income communities. She also supports several organizations such as Muni’s Annual Sock Hop, Kidpower, and Boys & Girls Club of Alameda County.

Pam Baer’s philanthropic activities are often intertwined with her own family. Pam Baer lives in the Mission District with her husband Larry and her son, Danny. Pam’s first foray into philanthropy began in high school when she became interested in her community’s public schools. Her service leadership experience earned her the President’s Volunteer Service Award.

In 2008, Pam received a second master’s degree from the university in history, then joined Goldman Sachs’ philanthropy unit as a program officer in Goldman’s Global Community Investments department. After three years, she left to pursue her dream of becoming a veterinarian, where she continued to volunteer at the American Red Cross. She went for a successful career in the tech industry, specifically at Silicon Graphics and Cisco Systems, where she became Senior Vice President and CFO.

In 2007, Pam Baer began her first venture into philanthropy, which led to a change in her career. In 2008, Baer accepted the role of CEO of San Francisco’s Ali For Good and was instrumental in expanding the nonprofit’s reach and staff. In 2012, Pamela Baer partnered with the American Cancer Society to create a new national advocacy organization, Fight Back Santa Cruz.

Pam’s contributions to philanthropic causes began in 1992 when she launched the Baer Family Foundation to support medical research. The Baer Family Foundation still exists and has given away more than $70 million in the past decade.

She has not taken a formal break since, with projects like Estée Lauder and Pacific Northwestern Airlines alongside her creative and philanthropic endeavors. Baer also served on the board for the Foundry Youth & Family Centers in San Francisco. See this article for additional information.

 

More about Baer on https://thriveglobal.com/stories/community-leader-pam-baer-shares-insights-on-navigating-the-new-normal/

 

Robert Kraft’s Intentions To Make Gillette Stadium The 2026 World Cup Host

In 1994, Robert Kraft took over the New England Patriots after which a grass turf was fitted at the infamous Foxboro Stadium to draw games for the World Cup game that year. Robert focuses on doing the same once the Gillette Stadium is approved to host the World Cup games in 2026.

Robert Kraft’s strategies have been forwarded to the FIFA leaders who joined Brian Bilello alongside Kraft in starting a 9-city tour of the stadium on Wednesday morning. The Gillette officials claimed that they would replace the synthetic surface to revive the irrigation system to reinstate the original turf.

On top of that, the sideline seating will be eliminated to create enough field width. They intend to make the stadium for about six matches including four initial group games followed by two knock-out contests similar to the 1994 situation where over 324,000 fans went to the Foxboro Arena for the World Cup matches.

The highlights of these six matches were the Argentina victories that staged Diego Maradona’s last international appearances. Diego was suspended after consuming a banned item that made his test turn out positive. The Italians also won against Nigeria followed by Spain.

Infrastructure renovation will be expensive, but the expected revenue will justify it and on top of that it will be more exposed and prestigious since the global TV audiences will watch it every game. Gillette is among the best 17 stadia in the US, and it will be among the eleven to be considered since he chairs the Bid Group of the 2026 competition.

Robert Kraft’s Background Information

Robert Kraft is a Brookline native who went to public learning institutions before joining Columbia University. He graduated in 1963 and got a fellowship that enabled him to earn an MBA from Harvard University, School of Business. In 1968, Robert began a packaging operation. See this page for additional information.

 

More about Kraft on https://www.forbes.com/profile/robert-kraft/

 

Passionate Car Collector Sudhir Choudhrie at Home at Goodwood Revival

It’s one of the biggest and most prestigious motorsports events in the world. The legendary Goodwood Revival, also known as the Goodwood Festival of Speed, was founded in 1993 by Charles Henry Gordon-Lennox, the Earl of March. The event is held at the 4,900-acre Goodwood House estate in West Essex. It features a dazzling array of auto sports-related activities, including the famous annual hill climb and the racing of vintage models. It’s also a place for the casual wanderer to get a close-up view of hundreds of spectacular, fully-restored vintage automobiles, some of them dating back more than a century or even the late 1800s. One person you are likely to spot among the happy Goodwood throngs – about 100,000 people attend every year – is Sudhir Choudhrie, an internationally successful businessman born in India and now a citizen of London. Choudhrie is among the biggest fans of vintage autos in the world.

In fact, Sudhir Choudhrie has spent decades searching out, buying and restoring vintage automobiles and now holds what some media observers have called the most impressive classic car collection on the planet. Sudhir Choudhrie first began buying a restoring in the 1980s when he spotted a rusted-out 1938 Convertible Mercedes. It was little more than a frame, scraps and rusted parts, but Choudhrie saw this relic for what it could be and more

He tracked down the owner, purchased the heap and spent the next month’s restoring the German model classic to its original state of perfection. When he had finished the job, Sudhir Choudhrie knew had an addictive hobby he would pursue for the rest of his life. The Goodwood Revival is an event that speaks directly to the heart of Sudhir Choudhrie. It nurtures his indelible love for the grandeur of early-20th Century auto engineering and an era he called, in some ways, “a better managed time.”

To know more [email protected]Sudhir Choudhrie’s commitment to practicing gratitude throughout his life

Richard Liu Is Helping Rural Farmers To Incorporate Some Modern Farming Methods

Farmers are some of the most neglected people in any country out there in the world. Even in the most developed countries like the United States and Europe, it is worth indicating that farmers have been facing some major challenges. Most of the operational aspects that have been incorporated in the farming industry have not always been very effective in helping the farmers, which is the main reason why most of them feel neglected.

In China, Richard Liu is trying to change the fate of the farmers by offering assistance that the government has not been offering. As an experienced business owner, Richard Liu Qiangdong has been getting a huge supply of materials and other products from the agricultural lands across the country. This is the main reason why he has been working really hard and incorporating some essential challenges that such farmers have been facing in their farming practices.

Predicting weather patterns remains one as of the major challenges that most farmers have been experiencing. Liu Qiangdong knows that this is a very dangerous issue that can lead to a situation where most of the farmers will not be getting reliable returns because they were not able to predict the weather patterns. That is why he has been offering some essential innovations that can provide accurate data on weather patterns and thereby protecting farmers against possible losses.

Another essential area where Richard Liu has been helping rural farmers has been in the incorporation of modern farming methods, especially in disease and pest control. Qiangdong has introduced drones in farming whereby such machines are used in controlling pests and diseases in some of the largest plantations in the country. This is a welcome bonus that has been essential in ensuring that farmers can easily increase their productivity without experiencing some of the common problems.

Thanks to his dedication and commitment to high-quality service, Richard Liu has been awarded numerous accommodations and honors. China’s largest television network even awarded Richard Liu their prestigious “China Economic Person of the Year” award in 2011. He’s also received awards from Fortune China in 2011 and 2012. Refer to this article for related information.

 

For more information, visit: https://www.forbes.com/profile/richard-qiangdong-liu/#373abb37486b