JD.com is a leading e-commerce platform in China. With billions in revenues, the company continues to grow due to the vision and unique experiences of it’s founder and CEO, Richard Liu Qiangdong. Born into a traditional Chinese family in 1974, Richard Liu went on to The People’s University of China where he earned his Sociology degree. While studying here, he became interested in computer coding and understood how much potential these skills held for his future. Richard Liu earned an entry level job at Japan Life and quickly was promoted to Director of Computers. He worked under several titles at the company before striking out on his own in 1998 when he opened his own store with the name of Jingdong. He sold magneto-optical products, focusing on selling authorized and authentic products instead of the many counterfeit products that had been getting into the market.
This set him apart and by also focusing on customer service, Richard Liu’s company grew. Soon he had 12 different stores but not long after he was also faced with a challenge that would change he path of his company and future. In 2003 the SARS outbreak in China kept Richard Liu’s customers and employees at home. He lost millions of yuan but soon saw that e-commerce held far more potential than brick and mortar stores. He also saw the shift of how customers shopped during this period and soon shifted his entire business online, closing his brick and mortar stores.
Whereas many would have failed during this period, Richard Liu Qiangdong not only changed his mindset but he adapted to the changes in the way people shopped and grew his company further. Richard Liu developed proprietary e-commerce platforms and focused on providing the best customer service. He eventually set up the world’s largest fleet of drones for same and next day delivery services and began pursuing partnerships with other manufacturers who wanted to sell their authentic items on his platform. In 2017 Richard Liu Qiangdong was a Variety500 Honoree. His net worth is estimated to be approximately $13 billion dollars.
Read full article : https://www.forbes.com/profile/richard-liu/#291a7bfd2677
InnovaCare Health Inc. is a leading healthcare provider in the United States. This company is the leading Medicare Advantage and Medicaid programs provider in Puerto Rico. They have the best services in this region, a factor that has contributed to over 500,000 people joining their services. They have over 7,500 care providers in the region. Besides the two programs, InnovaCare Health is working with the government of Puerto Rico to provide tow government supported initiatives. The plans offered by InnovaCare Health are the best on the island. The programs are certified by NCQA, meaning the programs are innovative, sustainable and provided in a well-coordinated manner
The leadership of InnovaCare Health is behind the success of the company. A business is as successful as the people behind it. Anytime a business records good results; it is because the people running such a business are doing the correct thing. The management team at InnovaCare Health is skilled and experienced in matters of healthcare management. Led by CEO Rick Shinto, the leadership team is experienced on matters of healthcare management and can, therefore, provide the needed guidance to make it in the industry. The company is equipped with leaders who can steer it in the right direction in the face of the changes that are ever taking place in the industry.
The key leaders
The key leadership in the company is formed by CEO Rick Shinto and CAO Penelope Kokkinides. The two are experienced on matters managed healthcare. They have been in the industry for more than 20 years, each. They have previously worked with well-established organizations through which they learned the most basic needs of the industry. Now they have combined their experience to run a successful business. Penelope Kokkinides has for many years worked in the managed healthcare sector. He has run various government supported plans and therefore her experience on such matters is well pronounced.
Meeting with President Donald Trump
Penelope Kokkinides has tried a lot to help improve healthcare services in Puerto Rico. She met President Trump to discuss how healthcare services on the island could be improved. The meeting resolved to have the federal government increase the healthcare funding to the island. There has been a drop in the Medicare Advantage funding in Puerto Rico since 2011. Her wish is to see the people on this island enjoy the same services as those on the mainland. President Trump pledged to fulfill her wishes.
The recent research by Paul Mampilly shows that there are a lot of opportunities for organizations to make supernormal profits through the adoption of the mergers and acquisitions. This is a concept that many organizations have ignored, yet it is one of the breakthrough opportunities for their success. Paul Mampilly submits that by companies forming M&As, there are a lot of benefits that they are likely to reap from each other. One of the benefits that he highlights is the leverage on the customer base of each organization in the merger. Whenever companies merge, or one company purchases the other, the result is that both the parties start enjoying the goodwill of each other and consequently increasing their market base.
On the other hand, the companies involved in the acquisition process benefit from increased revenues. This is a result of the diversification of the areas of investments and hence the reduction of the investment risk. For instance, whenever a company operating in the banking industry merges with another from the transport industry, they manage to enjoy investment options from different the various economic sectors and hence in case of poor performance in one industry, the investment returns would not be adversely affected since the organizations invest in a variety of sectors in the industry.
Paul Mampilly is also categorical in his submission about the management and of the mergers and acquisitions. He says that this is a daunting task and if not well managed, the idea can lead to very detrimental effects to one of the companies or both. However, he states that the most important thing is the dispensation of leadership in the mergers. Whenever the companies merge, the leadership of the organizations is likely to be affected, and if the transfer of this leadership is not handled correctly, it can cause some operational hiccups for the merger.
In his advice, Paul Mampilly recommends that for a merger and acquisition to be successful, it’s always advisable that the leadership of the acquired organization remain intact while the company operates under the umbrella of the acquirer. This would ensure that the production of the company is not interrupted.
InnovaCare Health for the purpose of having the best head members working in the organization added three new executives to the company’s leadership team. Talking about them, Jonathan Meyers is serving as the Chief Actuary Officer (CAO) at InnovaCare health. Before joining InnovaCare Health, Jonathan has been active in actuarial services for many years. He was the Director of Actuarial services at Medicare and Medicaid for Horizon BCBS, he was also Chief Actuary at Healthcare Partners in New York previously.
The second one Penelope is serving as the Chief Administrative Officer at InnovaCare Health. She holds experience of 20 years in the healthcare field. She has served many healthcare organizations as Vice President and Chief Operating Officer. She is a massively recognized personality due to her rich contribution in the medical field.
The third one is Mike Sortino, he is serving as the Chief Accounting Officer at InnovaCare Health. He has gained almost 20 years of experience in insurance and reinsurance industries and 5 years of experience in public accounting.
It is clearly evident that all the leaders are well-polished and experienced, which is very important for the nourishment and successful functioning of the organization. The CEO of InnovaCare Health also has a rich biography. Rick Shinto, is serving as the President and Chief Executive Officer of InnovaCare Health currently. Rick Shinto has 25 years of experience in operational healthcare, managed care with a well-established record track, and also for bringing newest innovative strategies for meeting patient’s satisfaction and providing the incredible financial performance to the clients he deals with. To see more you can visit bizjournals.com
As an expert in his field, Rick Shinto has gained vast experience by working in different healthcare companies. He was the President and CEO of Aveta Inc. from 2008 till 2012. Before that he served as CEO of NAMM California, Rick Shinto was also the COO and CMO for Medical Pathways Management. From 1995-1997 he served as Corporate Vice President of Medical Management for MedPartners. After that, he eft to become CMO for Cal Optima Health Plan. Dr. Rick Shinto began his medical occupation as an internist and pulmonologist working in South California.
Due to his expertise and excellent skills he even received certain awards, Rick Shinto was recognized as 2018’s Top 25 Minority Executives in Healthcare. While he was the CEO and President of Aveta Inc. back in 2012, he received the award of “Ernest and young entrepreneur of the year” for more details you can visit their twitter account.
Adam Milstein spends a good chunk of his time and resources on causes that have the Jewish culture in mind. This has come after enjoying an amazing career in the real estate industry. In 1978, he completed his undergraduate work from Technion in Israel. He immigrated to the US to do his MBA. He graduated from the University of California and began his illustrious career.
Over the years, he has specialized in real estate development. At Hager Pacific Properties, his current employer, he serves as a managing partner. As his business acumen kept growing, he joined hands with one of his colleagues to establish the Israel American Council. He currently chairs the council’s board that continues to make great strides in terms of membership.
He has made a name for himself as an activist and for his philanthropic activities. Pro-Israel organizations including ‘Stand With Us’ are the greatest beneficiaries of his philanthropy. He also runs the Adam & Gila Milstein Foundation along with his wife.
Adam Milstein has dedicated his life to passing on his people’s values to the future generations. It is no wonder that he is hailed among the greatest contributors to this cause. His contribution to the Zionist movement is the testament to this. He is keen to keep the Israeli heritage which he believes goes beyond attending a synagogue.
His Israeli-American background has played a major role in the advancement of his plans. At the IAC he has overseen the development of programs that help bring the Israeli natives close to their culture. In colleges, they facilitate the IAC Michelanu that helps the students get acquainted with the Hebrew language. For children, they have set up Sifriyat Pijama B’America to this effect.
His greatest desire is to help Israeli’s keep their culture at heart. He seeks to help them get a clear view of their past as they seek to chart a plan for the future. Adam Milstein also encourages his countrymen to pay Israel a visit. This will ensure that they don’t lose touch with their identity.
Adam Milstein is a constant contributor to the Jerusalem Post where he shares his thoughts on Israeliness. He insists that millennials need to be sensitized to the value of their faith. He is impressed by the Birthright program that helps them achieve this goal.