Blogs

Here Are The Most Profitable Companies And Industries Of 2016

posted Sep 18, 2017, 4:25 AM by Luis Manuel Ramirez

In the 63rd edition of the annual Fortune 500 list, the largest and most successful American companies’ profits grew 6 percent in 2016, collectively amassing nearly $890 billion. The top earners had bottom lines that proved bigger than many world economies, with earnings looming larger than the gross domestic product (GDP) countries such as Iceland, according to Fortune Magazine.

                                                                                    Image source:Pixabay.com 

Apple, the third on the Fortune 500 list, posted a 2016 profit of $45.7 billion. It led the Fortune 500’s most profitable companies for the third consecutive year. iPhone and iPad sales dropped almost 8 percent to $215.6 billion, but the Silicon Valley giant still has over $250 billion in cash. It also plans to hand over $13 billion of that to shareholders in dividends, in what’s likely the highest dividend-paying stock worldwide.

Trailing Apple is JP Morgan Chase & Co., which ranked 21st in the Fortune 500 list and posted $24.7 billion in profits in 2016. It previously overtook Wells Fargo to become the United States’ most profitable bank, with a 12 percent year-over-year profit growth prompted by strong performance in consumer banking and significant gains in investment banking.

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Following the two biggest profit-makers are Warren Buffet’s investment giant Berkshire Hathaway, Wells Fargo, Alphabet (Google), Bank of America, Microsoft, Johnson & Johnson, Citigroup, and Altria Group.

Individual sectors saw their own trends and movements. Investopedia noted that in the auto industry, a key marker of national and global economic pulse, saw the success of Toyota Motor Corporation, General Motors Company, Nissan Motor Co. Ltd., Honda Motor Company, and Daimler AG when it came to profitability.

The CEO of TodoModo, Luis Manuel Ramirezhas experience in business development/M&A, global energy andindustrial markets, transformations, turnarounds, energy services companies, and the power generation industries.For similar reads, clickhere.

The Importance Of Building Diversity In The Workplace

posted Aug 21, 2017, 6:06 AM by Luis Manuel Ramirez

Existing in an era of economic globalization, companies nowadays are developing a diverse workforce because of the many tangible and intangible advantages it brings to the company. Employing people of different personalities, demography, cultural upbringing, and language skills can give an organization a competitive edge. Here are some ways how:
Image source:talenttalks.net

Creativity

EthnoConnect, a consulting company that specializes in workplace diversity, suggests that employees who came from varying backgrounds can provide different insights on organizational challenges. The more diverse the ideas, the easier to

Adaptability

Because individuals with many talents and experiences are working toward a common goal, organizations can better adapt to shifts and activities in the market. A multicultural company also has the means to develop solutions in satisfying the needs and the demands of customers.

Talent

By hiring from diverse groups of people, the likelihood of hiring the best available pool of talent increases. For example, older employees can provide experience and an impressive work ethic that younger co-workers can emulate. Some individuals from other countries, meanwhile, have the technical expertise and exceptional educational background.


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Productivity

According to University of Florida professor Kelli A. Green in her and her colleagues’ paper “Diversity in the Workplace: Benefits, Challenges, and the Required Managerial Tool,” productivity can be increased because of workforce diversity. This is due to increased morale, unity, and the desire to work more effectively and efficiently.

Luis Manuel Ramirez, CEO of TodoModo, is a business leader whose pool of expertise includes efficient fact-finding and powerful intuition in addressing workplace and manpower issues. Visit this page for more information about Mr. Ramirez.

Looking Ahead At The Challenges Startups Have To Face

posted Aug 18, 2017, 4:54 AM by Luis Manuel Ramirez

Building a startup is probably one of the toughest decisions that a business owner can make in his lifetime. There is a lot of pressure that an owner places on himself with such an aspiration. However,owners are surely motivated with the potential rewards that come with a startup’s success, if it happens.Here are a few challenges that constitute the reality of the road ahead for any startup company.

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Fund raising is always going to be tough challenge. Loaning from a bank or convincing an investor to buy in would require an almost bullet proof business plan, one that promises a sure win for everybody involved. Nothing about raising funds is going to be a walk in the park.

Marketing is the next challenge that any startup needs to overcome. One thing that any new business does not have is an identity. In business terms, this is also referred to as brand recognition. You will need to spend for the market to know you and your products.

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Manpower is also an essential component of success. Obviously, people are needed to do the work that is demanded for the company to become an income generating entity. However, the challenge has more to do with finding the right people. A startup cannot afford to get off on the wrong foot.

Patience is a virtue in life. In a startup, it can mean everything. Everyone involved must learn the patience to realize the success that they are working hard for, because it will not come overnight. The most successful startup companies have withstood the challenge of being patient against the odds.

Luis Manuel Ramirez, CEO of TodoModo, is an expert in establishing the vision and strategies necessary to grow global, billion-dollar portfolios. For more information, visit this page.

The Key Ingredients To Growing a Billion-Dollar Company

posted May 16, 2017, 10:21 PM by Luis Manuel Ramirez   [ updated May 16, 2017, 10:21 PM ]

No billion-dollar valued company ever started with the massiveness that it now enjoys. Like a huge tree, a billion-dollar company began with a small seed. What makes it grow is a set of key elements.

The first ingredient to building a billion-dollar company is a good vision. One of the characteristics of a strong leadership is the ability to set sights on a very clear goal. No billion-dollar company became successful without such a leader.

Image source: forbes.com

A billion-dollar company also has a strong core that emanates from its leader. Usually, this is the inner circle of executives who work with the leader and play specific roles. It is important that each member of this core group have distinct responsibilities that do not overlap. Complementation is the key.

Along the way, opportunities to grow will present themselves. The important thing to understand about this is that such opportunities only come in windows. These are available for the taking only momentarily. A business organization has made the right decisions in taking advantage of opportunities along the way to becoming a billion-dollar enterprise. Huge decisions such as acquiring a smaller business, hiring brilliant people, or sacrificing assets, are only a few examples of such consequential decisions.

By the time a company reaches billion-dollar status, it also gets another element crucial to sustaining it. This is when the market highly depends on the company. Simply put, it would be hard to imagine a world without the company.

Image source: cnbc.com

Luis Manuel Ramirez is the CEO of TodoModo. He led the company to its current success by building high-performance leadership teams who have strong strategic skills in profit and loss and general management. He is an expert in establishing the vision and strategies necessary to grow global, billion-dollar portfolios. For more business insights, visit this page.

What people need to know about the energy industry in the United States

posted Apr 26, 2017, 4:04 AM by Luis Manuel Ramirez   [ updated Apr 26, 2017, 4:05 AM ]

There are so many myths about the energy industry in the country. Let’s take a closer look at some of the more important facts in order to clear up any misunderstanding. 

Image source: bright-green.org 

Fact 1 

Energy of the affordable and reliable kind is important to a country’s economy and its people. Without energy, life as people know it would be an impossibility. Homes would not be heated. There would be no lamps or bulbs to light the streets at night, no energy to fuel transportation or power machines. 

Fact 2 

Affordable energy makes companies more productive through more efficient processes. This results in lower product costs, and ultimately, more savings for Americans. But energy doesn’t just help people save money, it also helps people save time by allowing people to live and work where they choose. 

Fact 3 

Energy is a sign of a strong economy. The low prices of energy make other goods affordable, thus helping the everyday American with his or her expenses, and keeping them from looking for jobs or residency in other “cheaper” countries. 

Image source: lonelyplanet.com 

Luis Manuel Ramirez is the CEO of Todo Modo. He has considerable experience in helping companies thrive. Visit this page to learn more about him.

Accountability For C-Suite Leaders In The Internet Age

posted Mar 21, 2017, 4:11 AM by Luis Manuel Ramirez   [ updated Mar 21, 2017, 4:11 AM ]

Leading through accountability is a good strategy that encourages C-suite employees to do their best and be answerable for whatever they produce under the company’s banner. But accountability goes beyond letting others in on what’s truly happening. It also involves being a part of the solution in any given situation. In this highly connected world, there are more technical ways for leaders to be accountable for their workplace.

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These days, cybersecurity breaches are a serious matter not just for individuals but for companies as well. Cybersecurity is no longer concern under the sole purview of the IT department. C-suite leaders should also be made aware of how cybersecurity is being carried out in the company. And if there are no strong cybersecurity measures, they should be propose one.

Massive data breaches in the past year have caused executives from prominent companies to step down. Even in the government sector, leaders who failed to oversee this concern have also been requested to resign. These people might not know how to set up infrastructure that protects a company’s most important data, but many believe they should have at least designed effective measures to prevent stolen personal and corporate data. As part of the top management, they should be reliable in safeguarding these crucial details.

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Executives are expected to be one step ahead of difficulties faced by their companies. In the current context, this includes maintaining cybersecurity and ensuring that their employees and clients’ information remain protected.

Get to know more about Luis Manuel Ramirez by visiting this page.

Leadership Strategies That Will Bring Positive Change To a Company

posted Jan 13, 2017, 3:54 AM by Luis Manuel Ramirez   [ updated Jan 13, 2017, 3:54 AM ]

The most influential leaders are the ones who inspire change in the workplace. When a company’s work environment and culture suffer, it is a leader’s responsibility to boost the morale of the employees. But how can a leader truly bring change to an uninspired workplace? Here are some pieces of advice:

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Image source: Linkedin.com

1. Set attainable standards.

When employees feel incompetent, a good leader’s job is to mentor them and track their progress. There is usually a lot of unharnessed potential in a team and a little push can bring out the best in people. To begin, a leader can set attainable standards that will consistently develop the skills of team members. Excessively lofty standards and goals might only lead to frustration, so it is better to start one step at a time.

2. Encourage collaboration.

No man is an island. This saying is very true in the corporate setting. In a collaborative workplace, every person is important. Each member has something to contribute to a task or a project. Leaders must ensure that the talents and skills of team members aren’t wasted and overachievers don’t become confident that success is in their hands. Having all hands and minds on deck will lead to an efficient workflow and produce outstanding results.

3. Lead by example.

Talk is cheap. When actions become louder than words, the people surrounding a leader take note of whatever he is doing. Whether it’s for better or worse, employees are given certain sets of behaviors to emulate. To inspire change in the workplace, a leader has to have something to show for it. This is easier said than done but it has been proven that people who leave a positive impact are usually the ones leading the way.

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Image source: Pursuant.com

Possessing a rigor for workplace and business issues, Luis Manuel Ramirez has become an expert in operations and the resolution of manpower issues. He is always interested in connecting with like-minded executives to create winning solutions. To know more about Luis Manuel Ramirez and his work, visit this page.

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