October 2011
www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
Fedruary 2012
www.industryleadersmagazine.com
Editor’s Blog
by Carrie-Ann
Starting a company from scratch is certainly a difficult endeavor even for a person with years of experience. For college entrepreneurs and recent college graduates starting companies, there is no doubt that many, if not most, will not succeed. However, increasing numbers of young people are cottoning on to the benefits of starting their own companies Sure you’ve heard of Mark Zuckerberg and Matt Mullenweg. But those two young internet moguls are not as rare as you might think. There are a whole crop of young, brilliant, and motivated entrepreneurs under the age of 30 that you’ll want to watch in the next few years. Our cover story lists out young turks who have made it to the top in a short time. NASA’s experimental move on switching to Biofuels for rocket fuel is very informative. All this and more….
Carrie Ann Editor-in-Chief, Industry Leaders Magazine.
February 2012
3
October 2011
www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
The Team
Editorial
Carrie Ann Editor-in-Chief
Dhwani Shah SubEditor
Richard Meryn Associate Editor
Aubrey Chang Associate
Christy Gren Industry Specialist Reporter
Editor
Design
Marketing
Kevin Paul Sr. Graphic Designer
Chandni Soni Graphic Designer
Patrick Jam Advertising Coordinator
Zaina Ava Design Associate
Jason Miller Sr. Project Director
Project Management Tom Parker Project Director
Julia Zimmerman Project Director
Christine Taylor Project Director
Diana Polo Project Director
Technology John Hancock Head - Web Department
4 February 2012
5
Jennifer Morgan Project Director
Chris Mckenzie Project Director
Finance Controller Le Manh Cuong Sr Software Coordinator
R R Baratiya
Julia Hunt Magazine Production
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
February 2012
Contents
Features
46
34 34
Top 5 Highest Sportsmen in World
Paid the
Each time I see the amount sportsmen are getting paid every year, it makes me want to restart ...st one of
56
54 56
NASA’s Biofuel Project: to Help Solve World Fuel Needs
44 46
Cover Story
Young, Rich and Successful In almost every nation, most of them dream not just to become rich, but to become young millionaires. Well, did I just say young millionaires? Yes. When you are young and rich, success just follows you along the way...
The interest for creating biofuels from algae and other sea-water plants have been increasing off late... February2012
7
October 2011
www.industryleadersmagazine.com 7 www.industryleadersmagazine.com
Contents Regulars 10 18 26
www.industryleadersmagazine.com
The Latest in Business Leader Talk
72
The WOW ! Quotient
26
72
Nestlé Nestlé is the world’s leading nutrition, health and wellness company. Nestlé was founded and headquartered in Vevey, Switzerland...
80
42 Mergers & More 108 Larger than Life 116 Industry Events & Tradeshows
66
Abertis Infraestructuras Abertis Infraestructuras is an international group which manages mobility and telecommunications infrastructures through..
February 2012
8
80
Sharp Corporation Sharp Corporation is a company known worldwide for its unique oneof-a-kind electronic products and solutions. Sharp Corporation’s ...
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
86
Peninsula Hotels, Hong Kong
Company Profiles
The Peninsula Hotels group has a unique identity among the world’s leading luxury hotels. Peninsula Hotels was established ...
98 86 98 92
Kuehne + Nagel: The extension of your business
Magarpatta City: A Remarkable Reality
88
Head-Space
“
I find that the harder I work, the more luck I seem to have.
92 9 February 2012
9
October 2011
Contents
Magarpatta is a self-contained residential cum Industrial / Corporate settlement spanning over 430 ...
Since 1890, when the business was founded in Bremen, Germany, by August Kuehne and Friedrich Nagel ...
“
- Thomas Jefferson
www.industryleadersmagazine.com www.industryleadersmagazine.com
The
Latest
in Business - Dhwani Shah
IRS Enforcement Eyes Millionaires for Tax Audit Earning more than $1 million a year? Get ready for a tax audit. The Internal Revenue Service reported Friday that workers and businesses underpaid an estimated 17 percent of their taxes that brings it to $385 billion for tax year 2006, in its latest report on the nation’s “tax gap”—an estimate of taxes owed but not paid. In the most recent year studied, the businesses also failed in returning the government a substantial $450 billion that it was owed. This means that the amount of taxes, which were underpaid, exceeds total federal budget deficit in a go.
12
IRS enforcement on income tax payers Industry leaders believe that the obedience among tax payers increases when employers report income information to the government and when they withhold taxes that are owed. The IRS has made efforts to improve compliance, such as increasing oversight of professional tax return preparers and increasing the information that must be reported to the agency by stock brokers, mutual fund companies and for some business transactions.
October 2011
www.industryleadersmagazine.com
Heineken Beer to Use Dos Equis To Boost U. S. Sales Heineken beer was the first foreign brew to come to the United States after prohibition ended in 1933. Now, Heineken is looking to reclaim the top spot in the U.S beer market with an up-and-coming Mexican brand: Dos Equis. Sales of Dos Equis beer rose 17 percent for the quarter ending in October 2011, compared with Heineken’s 1-percent sales decline and industry wide declines of about 2 percent. Currently, Dos Equis represents just 0.6 percent of the U.S. beer market by volume, compared with Heineken beer’s 2.2 percent in 2011.
Will Dos Equis Be the One to Bring Back Heineken Beer? Even though the small Mexican has showcased impressive growth over the past year, Dos Equis might now be enough to pull Heineken back up. Heineken beer has been scaling back some distribution outlets in the United States after becoming “too ubiquitous” during the early 1990s. Although Heineken beer has slid less than a percentage point over the past five years, it’s valid to question whether or not Dos Equis will be enough.
The Latest in Business
13 December 2011
11
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
The LATEST in BUSINESS
General Motor Sales in Unaffected Despite Industry Showdown General Motors, foreign automaker giant in China, declared Monday that in 2011, its sales in China hit a record high, regardless of a broader slowdown in the world’s largest automobile market. General Motors Co. and its joint ventures in China set record sales by selling around 2.55 million units in 2011, up by 8.0 percent from the previous record of 2.35 million in 2010. GM sales outpaced the industry’s growth in the world’s largest automobile market only after the addition of luxury Cadillac model. GM also introduced the local Baojun brand for to entry-level customers and offered discounts on light trucks.
14 December 2011
12
GM’s Industry Outlook GM’s Wuling Sunshine sells at about $4,400. The automaker giant, GM, also rolled out its local automobile brand Baojun to target entry-level buyers in inland provinces and less developed cities. GM aims to double its deliveries in China to 5 million by 2015 and also plans to focus on expanding its luxury car brand Cadillac and its sport-utility automobile lineup. The luxury automobile market in China has a strongly future, expecting to get GM a big focus for increasing its automobile sales.
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
B/E Aerospace to Aquire Supply Chain Management Co. Florida-based B/E Aerospace, aerospace manufacturing industry leaders of aircraft cabin interior products and distributor of aerospace fasteners and consumables in the aerospace industry, signed a deal to acquire UFC Aerospace Corp. for $400 million in cash.
expanding its broad consumables product offering. The Wellington based B/E Aerospace has its largest American operation near Smith Reynolds Airport in Winston-Salem, employing more than 800 workers in its commercial aircraft segment.
B/E Aerospace earnings
The UFC Aerospace Corp
triggers
to
boost
The acquisition of UFC Aerospace Corp will substantially expand B/E Aerospace’s capability to offer creative and differentiated supply chain solutions, value-added inventory logistics services such as 3PL and 4PL programs, and customized kitting solutions, as well as further
13
October 2011
The Latest in Business
15 December 2011
It an innovative provider of complex supply chain management and inventory logistics solutions to aerospace original equipment manufacturers, currently distributes over 150,000 stock keeping units including fasteners, chemicals, paints, sealants, tooling, and duct/bent tubing assemblies to over 1,000 customers.
www.industryleadersmagazine.com www.industryleadersmagazine.com
The LATEST in BUSINESS
U.S. Sanctions Against Chinese Oil Traders Over Iran U.S. imposed sanctions on China’s state-run Zhuhai Zhenrong Corp, along with two other firms, for trading refined oil products to Iran. This has definitely created a chaos among other oil traders in the industry. The move was part of a broadening international effort to target Iran’s energy sector and persuade Tehran to rein in its nuclear ambitions.
Sanctions Traders
Against
Chinese
Oil
The sanctions announced today are important steps toward that goal, as they target the individual companies that help Iran evade these
efforts. The U.S. State Department believes that the sanctions against the three firms is an ‘important’ step to convince Iran to change its behavior, and highlights the potential connection between Iran’s revenues derived from its energy sector and the funding of its increase in sensitive nuclear activities. Zhuhai Zhenrong is said to be Iran’s largest supplier of refined oil products, brokering sales of gasoline worth more than $500m between July 2010 and January 2011. The sanctions are prone to have little or no immediate impact on Zhenrong because the company does very little, if any, business in the U.S.
October 2011
www.industryleadersmagazine.com
Websites Blackout in Protest of SOPA, PIPA About a dozen websites including a couple of Business News website went dark Wednesday to protest a pair of controversial anti-piracy bills: he Stop Online Piracy Act (SOPA) and its Senate companion, the Protect IP Act (PIPA). The websites claim that the anti-piracy bills will burn down the Internet and stifle free speech.
The anti-piracy bills would directly affect libraries such as the Internet Archive, which collects, preserves, and offers access to cultural materials. The anti-piracy bills would encourage the development of blacklists to censor sites with little recourse or due process.
What’s happening?
Along with the Internet-based protests, several opponents are physically protesting outside of their congressional representatives’ offices. Reddit co-founder Alexis Ohanian said in Tuesday’s press conference it will “probably be the geekiest, most rational protest ever.
This is an extraordinary action for our community to take. We simply cannot ignore the fact that SOPA and PIPA endanger free speech both in the United States and abroad, and set a frightening precedent of Internet censorship for the world.
The Latest in Business
17 December 2011
15
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
Are You A Le Follow October 2011
www.industryleadersmagazine.com
Leader Talk
eader Or A wer? - Patrick Alain
D
o you instinctively know how to get a task completed or do you have to wait for directions? Do you follow rules and finish the role assigned to you or do you like to take charge and show others how to do well as well ? October 2011
www.industryleadersmagazine.com
Do you like to perform a specific task towards accomplishing a larger goal or do you like to be in control of a situation? Do you prefer being told what to do or do you like to be responsible for a number of things? Are you a leader or a follower? In any given situation, it is essential to have
both leaders and followers to meet the task at hand. Without leaders, a team cannot function and have direction and vision. Without followers, there will be nobody to execute the decisions or actually get the task done. Leaders and followers are like night and day: they have different roles and different characteristics but neither can exist without
October 2011
www.industryleadersmagazine.com
Leader Talk
the other. For any organization or industry to prosper, there has to be a leader at the helm, guiding the team and there have to be followers who form the backbone of the ship. So which are you, a leader or a follower? Are you satisfied with your current role or do you wish to change? Do you want to leave behind the burden of leadership and become a follower? Do you want to set yourself apart from the crowd and wear the leader badge? Let’s take a look at some essential differences that distinguish leaders from followers.
Scope Of Responsibility To begin with, a follower is only responsible for getting his own task done. A follower has a limited, structured goal to achieve and his only responsibility is to make sure that the same is accomplished. A follower is one unit in the entire organization, accountable for a particular goal. A leader, however, is responsible for the organization at large, and not just one specific task. A leader is usually involved with managing other
October 2011
www.industryleadersmagazine.com
Leader Talk
February 2012
22
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
people, each of whom has to meet a goal. A leader is responsible for all the other team members, their individual goals as well as the larger goals. A leader has to maximize others’ potential and strength to enhance the organization.
Do You Need Approval?
Others’
Leaders do not need anybody’s stamp of approval, followers cannot do without the same. A leader is characteristically comfortable in his own skin, and proud of himself. A leader is markedly confident, self-assured and has strong faith in himself. A follower needs somebody to tell them what to do, how to do it and whether or not they are doing it right. A leader might not always know what the best course of action is, but he is confident about taking chances and seeing it through.
Being Inspired v/s Inspiring Others A leader must be able to inspire the respect and confidence of other people. A leader has to be able to motivate other people to take action and do things a specific way to get goals accomplished. While a follower is only concerned with getting a task completed, a leader is responsible for making sure that it is done, and done the right way. For this, a leader has to have a motivating and inspirational personality. A good leader is one who is able to make people do things he or she wants done, without having to force them.
February 2012
23
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
Being The First v/s Being The Rest A leader makes the first move, a follower… follows. A leader decides what has to be done, no matter how new or unpredictable or difficult a situation might be. It is often said that the leader is the one who makes sure that the show goes on, giving cues to the others, setting the stage and directing each scene. The followers turn to the leader for direction, for advice on which role to play when and how to function in a situation. A leader is marked by the decision, as well as the willingness, to jump headfirst into every situation and take charge.
”while followers ask ‘why don’t they do something about it?”
Waiting For Change v/s Changing Things
leaders say “here’s something I can do”.
In the leadership v/s followers paradigm, one of the most interesting, and oft-quoted phrases is that,
This little nugget sums up the difference between leaders and followers beautifully. Leaders are always excited about taking
February 2012
24
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
control of a situation and they are typically the ones who have new ideas, offer solutions and come up with effective courses of action each time. Followers on the other hand use the leader’s solutions to affect the change, wait for directives and participate in the unfolding events.
Make Plans v/s Make Things Happen Possibly the biggest difference between leaders and followers can be understood in terms of action v/s planning. Followers are people who usually wait around for things to happen, wait for someone to suggest a change or force a change, plan to do something but don’t really accomplish it without a catalyst forcing them and so on. Leaders, however, don’t just plan and wish for things to happen but actually put their ideas in motion and act on them. Leaders
February 2012
25
are characterized by their resolve to act on their ideas.
Choose To Lead, Or Follow Whether you’re happier being a leader or a follower, remember, it has to be out of your own choice. If someone thrusts the responsibility of leadership on you, you’re probably going to buckle under the pressure. Similarly, if you are limited to taking orders and following rigid structures when what you really want to do is share ideas and offer unique solutions and your own vision and insight, you are probably not going to be content being just another team leader for long. It is important to gauge your own personality and assess your performance style before you commit to being a leader, or a follower.
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
!
The
WOW !
Quot ent - Dhwani Shah
Cancun Underw Dive-in Ex October 2011
www.industryleadersmagazine.com
water Museum A xperience October 2011
www.industryleadersmagazine.com
Cancun, Mexico, has a new tourist destination that combines sculptures and snorkeling. The story began in 2009, when a monumental underwater museum called MUSA (Museo Subacuático de Arte) was formed in the waters, beneath the wise land surrounding Cancun, Isla Mujeres and Punta Nizuc.
Cancun Underwater Experience The Cancun underwater museum was opened on November 26, 2009. Cancun underwater museum features around 400 life-sizes concrete sculptures. Wow! Isn’t it? Who wouldn’t want to experience a life underneath? I surely would want to see the relationship between modern art, the man and the environment. What a great piece of art would it be! It would truly be an experience in itself to submerge yourself in one of the most beautiful and clear water of the world, where the Cancun underwater museum is located. These crys-
October 2011
www.industryleadersmagazine.com
tal clear waters surrounding Cancun, Isla Mujeres and Punta Nizuc is now home to one of the largest underwater museums on the planet, located in Cancun, Quintana Roo, Mexico. Forming the Cancun underwater museum is a series of underwater sculptural installations all sited within the protected National Marine Park, of the Yucatan Peninsula, Mexico.
Cancun Underwater Museum Project The project of Cancun underwater museum was founded by Jaime Gonzalez Cano of The National Marine Park, Roberto Diaz of The Cancun Nautical Association and Jason deCaires Taylor. The Cancun underwater museum consists of over 403 permanent life-size sculptures and is one of the largest and most ambitious underwater artificial art attractions in the world. These 400 life size sculptures in the depths range from 9 to 20 feet. The artist behind the Cancun underwater museum, Jason deCaires Taylor, offers a contemporary and cultural
The WOW Quotient
February 2012
29
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
view of how the Mayan people have evolved throughout the years in “The Silent Evolution”.
that tourists visit the Cancun underwater museum with a tour guide.
The Cancun underwater museum is said to have a threefold purpose as stated by the officials. It is said to provide the visitors the opportunity to visit our pristine natural reefs while giving the opportunity to see the gorgeous sculptures. This way it will help in the conservation of the natural corals. The purpose of Cancun underwater museum is to also promote Cancun as a cultural and artistic developing area. The officials are also planning to continue the growth of the project, by inviting many other fine artists for many years to come. Even though the entry to the museum is free, it is recommended
The Cancun underwater museum comprises of 4 installations; La Jardinera de la Esperanza, Coleccionista de los Sueños, Hombre en Llamas and The Silent Evolution which are all created by Jason deCaires Taylor. The Silent Evolution is his most ambitious work to date, forming a vast gathering of people aiming to define a new era of living in a symbiotic relationship with nature. The goal of the Cancun underwater museum is to draw tourists away from the natural reefs that surround the sculptures, without losing the visitors who bring the area
millions of dollars every year.
Environment Friendly Sculptures in Cancun Underwater Museum The sculptures at the Cancun underwater museum are all designed to become artificial reefs and are created from special materials that promote marine life and form areas for corals to flourish and marine creatures to breed and take refuge, boosting the local ecosystem. It is believed that the appearance of the sculptures will change over time as the coral grows and marine life colonizes the structures. You cannot miss it. The sculptures are created with pH-neutral ma-
rine concrete and are based on members of the local community. The artist planned the sculptures as artificial reefs with fire coral planted in the initial sculptures. The sculptures are modeled after real people. It seems that the project has sparled great interest worldwide and will keep ongoing for years together. The total museum installation occupies over 1,600 sq. feet (150 sq. meters) and weighs over 120 tons, and will one day form an artificial ecosystem where various fish and marine mammals will thrive. I am sure, this aquatic exhibition, sharing a deep relationship between modern art, the man and the environment would leave you spellbound.
The WOW Quotient
October 2011
www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
Numberliciously Numberliciously Good
Top 5 Highest Paid Sportsmen in the World October 2011
www.industryleadersmagazine.com
- Christine Taylor
October 2011
www.industryleadersmagazine.com
Each time I see the amount sportsmen are getting paid every year, it makes me want to restart my life and dedicate myself to sports. I’m sure a lot of us feel the same way but since we cannot rewind our lives, we can at least gaze at the numbers and dream of spending it on things we love. Professional sports have become incredibly profitable and well-paid profession over a few hundred years of modern professional athletics. Business magazines state that popularity is increasing enthusiastically year after year and it makes one wonder ‘Who is the world’s highest paid sportsman?’ So, let’s take a quick look at the top 5 highest paid sportsmen in the world.
Highest Paid Sportsman #1: Manny Pacquiao Manny Pacquiao makes millions per fight and makes millions more through endorsements with Nike, McDonalds, and San Miguel Beer. He’s at number 1 on the list and sitting comfortably at $32 million. Manny Pacquiao acquires a position in the Time Magazine’s list of the World’s Most Influential People of 2009 for his boxing career and his influence over the Filipinos. Like that isn’t enough, one of popular business magazine claims that he is the number 1 ‘pound-for-pound boxer’ in the world and the ‘Fighter of the Decade’. Manny Pacquiao took over the boxing spotlight last year with victories in two blockbuster fights against Oscar De La Hoya in December and Ricky Hatton in March that together generated more than $100 million in pay-perview revenue in the U.S.
October 2011
www.industryleadersmagazine.com
Highest Paid Sportsman #2: Alex Rodriguez In spite of the fact that Alex Rodriguez used steroids, he is still considered to be one of the best all-round baseball players of all time. No wonder he steals the first position on the list of highest paid baseball players in the world. Alex Rodriguez doesn’t earn much off the field these days but makes the cut, thanks to his historic $275 million contract he signed with the Yankees for 10 years after the 2007 season. The deal paid Alex Rodriguez $27 million last year and is worth $32 million this season. He also got $1 million in January as part of the $10 million signing bonus in the deal. Seems like he could’ve made millions more had it not been for theOctober steroid his reputation and www.industryleadersmagazine.com 2011that ruined made it virtually impossible for him to sign endorsement deals with the biggies.
Highest Paid Sportsman #3: Kimi Raikkonen Though Kimi Raikkonen finished at a disappointing third in the World Championship standing in 2009 after he won the title in 2007, he still remains Formula One´s highest-paid driver in the world. He is been paid $26.3 million in salary, annually. 2009 was a little tough year for Kimi Raikkonen who sat on 10th place in the standings. Not a good sign though, Ferrari resigned Raikkonen in September to a one-year contract extension keeping the Finn behind the wheel for Ferrari through 2010. Kimi Raikkonen made his Rally racing debut in January 2009 despite having a contract to race for Ferrari in 2010. On 29 November 2011, it was announced that RäikkÜnen will be returning to Formula 1 in 2012, signing a two-year contract with Lotus.
October 2011
www.industryleadersmagazine.com
Highest Paid Sportsman #4: Fernando Alonso If you don’t know of Fernando Alonso already, he’s a Spanish Formula One driver for Ferrari. It doesn’t end there. He’s young, rich, and he gets to drive ‘Ferrari’s’ all day. Dream job? I think so. He’s pulling in an estimated $22.8 million in salary alone from Ferrari. This brings him to number 4 on the list highest paid sportsmen and at second position on the list of highest paid drivers. It seems Fernando lost the number to Kimi Raikkonen. Fernando took his first podium of the season with third at the Turkish Grand Prix, having run second for a time and was only passed by Mark Webber on lap 51 of 58. He already extended his contract with Ferrari for a further four years, until the end of 2016, prior to his home race in Spain. Well, that sounds like more Ferrari driving for Fernando www.industryleadersmagazine.com October 2011 Alonso.2011 December www.industryleadersmagazine.com 39
Highest Paid Sportsman #5: Johan Santana Who hasn’t heard of Johan Santana? Well, though he’s not the highest paid baseball player in the world, his annual salary fetches him over $21.6 million. Johan Santana currently is in a six year contract of $137.5 million, with a full no-trade clause. This brings Johan Santana to number 5 on the list of highest paid sportsmen in the world. The contract includes a $25 million 2014 club option with a $5.5 million buyout.
Santana has been a two-time Cy Young Award winner with the Minnesota Twins and was also considered one of the best pitchers in baseball, with a pitch gamut that included an 88–94 mph fastball, generally considered his best pitch, and a slider. To mention something really personal of Santana, he warms-up on the song “Smooth” by Rob Thomas and Carlos Santana. That is definitely a catch. All being said and done, long standing in the spotlight will often place you higher on the list. These sportsmen have certainly placed themselves on the list of highest paid sportsmen in the world by work and cunning, utilizing both athletic prowess and utilization of marketing and public relations to capitalize. Magazine advertising also fetches sportsmen handsome dollars and endless popularity.
40
October 2011
www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
Mergers and More
Samsung Pays US $934 Million as Sony Quits its LCD Joint Venture -Aubrey Chang
S
ony has been facing deep losses in televisions and is struggling to come out of it. In a move to reduce its huge losses, Sony has decided to sell of its entire stake in an LCD manufacturing joint venture with Samsung Electronics for US$934 million (1.08 trillion won). Both the companies signed a contract according to which Samsung, the world leader in flat-panel TVs, will turn the company, S-LCD, into a completely-owned subsidiary which will provide panels for Sony televisions. Samsung, the Korean-based LCD manufacturer, was established in April of 2004, with Sony holding merely below a 50 percent share. On the current deal, Keita Wakabayashi, an analyst at Mito Securities in Tokyo commented,
“For Sony, it is positive in terms of direction.” The exit from the joint venture with Samsung Electronic will allow Sony to switch to outsourcing options that are less expensive and allow it to bring around its struggling TV business again. Keita Wakabayashi also added, “But if they are making a loss on the sale, one could ask why they didn’t make this decision sooner.”
The Story So Far In November Sony, the world’s third largest flat panel TV maker, expected fourth
October 2011
www.industryleadersmagazine.com
straight year of net losses in the current fiscal year through April. Sony was expecting remarkable losses with its TV unit alone set to lose $2.2 billion on tumbling demand and a surging yen. In a press release, Sony said, “This deal will allow Sony to acquire LCD panels from Samsung Electronics in a stable way based on market prices, without the responsibility or costs that come with operating a factory.” Sony said, “A further impairment loss of 66 billion yen, or $856 million, for the last three months of 2011is expected as a result of its break up from the Samsung joint venture.” Sony will slash costs in its LCD business by 50 billion yen a year. Sony also mentioned that it
“Aims to secure a flexible and steady supply of LCD panels from Samsung, based on market prices and without the responsibility and costs of operating a manufacturing facility.” Samsung Electronics, on the other hand, would not have any rein in producing its gen next displays with all its control over the
October 2011
www.industryleadersmagazine.com
S-LCD’s. Sony now has plans to outsource Taiwanese LCD makers if they offer cheaper prices.
market from South Korean rivals Samsung and LG Electronics Inc, the largest and second-largest players, respectively.
Analysts’ Review
While Samsung is happy about the deal, analysts believe that it could really be difficult for Samsung to find another buyer for Sony’s stake. Samsung is expecting the flatpanel TV market to grow 10 percent in the coming year aiming to smash the market.
Sony has had a history of selling off its TV factories in Spain, Slovakia and Mexico in the past few years and outsources more than half of its production to companies including Hon Hai Precision Industry. Analysts forecasted a drop in the $100 billion LCD TV market by 3 to 4 percent. Global TV manufacturers are restructuring their businesses and outsourcing production as cut-throat competition and weak demand squeeze margins. Analysts have criticized Sony for not being able to snuff on the competition in the TV
The deals in the past stood as an acknowledgment for Samsung’s emergence as a universal player. It is now the consumer electronics king which is apparently passed over to Samsung from Song. Samsung also has plans to merge with Samsung LED on April 1, 2012.
October 2011
www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
You know it’s big, truly big, when you are on every newspaper known to mankind, on every single magazine publication picked up by successful entrepreneurs and you also possibly make entry into Hollywood. But the important thing is ‘how would this happen?’ Well, the big deal in becoming rich and successful (especially when you are young) to dedicate your time and effort sincerely. October 2011
www.industryleadersmagazine.com
-Carrie Ann
All that is required is a lot of hard work along the way. There might have been some late nights, and lots of tears and sweat, because we know achieving success requires so much. But when we look back on it we do think that it could have been surprisingly easy. We possibly could do it all again. In almost every nation, most of them dream not just to become rich, but to become young millionaires. Well, did I just say young millionaires? Yes. When you are young and rich, success just follows you along the way.
October 2011
www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
For hours together, I scraped and scoured the internet, to find a list of young, rich and successful entrepreneurs who have made it big and big enough to be listed as top young entrepreneurs in today’s age. With original expert kids like Bill Gates and Steve Jobs making the way, a whole new generation of young entrepreneurs are putting their own spin on success and making a lot of money along the way. You sure might have heard of rich and successful people, but what makes it interesting is to learn about those who are not just rich and successful but ‘Young’ as well. How did they do it? While there might have been slightly different paths that they might have taken, these young millionaires all found a way to turn exclusive ideas into profitable ventures. Here’s a closer look to the list of a few young, rich and successful.
Mark Zuckerberg, 27, Facebook Co-Founder If you are not aware who Mark Zuckerberg is, you really must have been living under a rock. Mark Zuckerberg is an American entrepreneur and the co-founder of Facebook, the social networking behemoth. At 27, Zuckerberg is currently the CEO of Facebook. Hailing from White Plains, New York, Mark Zuckerberg began his programming at an early age back in middle school and it looks like that really paid off. The Harvard student Mark Zuckerberg didn’t intend for his page to go beyond Harvard, but he soon recognized the demand of being able to connect with college friends. He brought aboard his roommate Dustin Moskovitz and later classmates Eduardo Saverin and Chris Hughes, after they began enlarging Facebook to other universities like Dartmouth, Stanford, Yale and Columbia. Facebook took off, first with college kids then high school students, and in June 2006, many corporations were allowed to join. In September 2006, Facebook opened the floodgates to the general public. As of 2011, Mark Zuckerberg had an estimated $17.5 billion as personal wealth, making him the world’s youngest billionaire. www.industryleadersmagazine.com October 2011
Jack, a former Google engineer, they launched the site and it quickly became one of the most successful image sharing websites in the world. I found the site very useful in sharing and storing my pictures. So, it is wisely said,
‘Pictures may be worth a thousand words.’ But, a place readily reachable to store those photos anywhere anytime is worth even more. However Alexander was not alone in the creation of ImageShack and if it hadn’t have been for his older brother Jack, he might never have gotten the website onto the server! I must say, well done boys! Levin definitely has devised ways to be instantly rich.
Alexander Levin, 24, ImageShack Co-Founder Alexander Levin is one of the co-founders of the very popular image storing website ‘ImageShack’. Racking up a huge $56 million fortune along the way, Alexander has done very well indeed. Starting the website back in 2003 after coming up with the concept in high-school, it is now one of the largest images hosting websites in the world. Alexander Levin created the idea for ImageShack, an image sharing site, when he was 17. After sharing his ideas with his older brother February 2012
50
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
Blake Ross, 25, Software Developer with Mozilla Firefox Blake Ross is an American software developer, known best for his work with Mozilla Firefox. That’s right at the age of 25yrs he has been able to accumulate a total fortune worth $150 million. When Blake Ross was 15, he moved from Florida to California to take an internship with Netscape. This was a rather unrealistic thing for a 15-year-old to do, because Netscape was on life support at the time—its Web browser was getting the stuffing beat out of it by Microsoft’s Internet Explorer. Well, done little boy! Blake Ross is most well known for co-founding the Mozilla Firefox project with Hyatt. While interning at Netscape, Ross became disenchanted with February 2012
51
the browser he was working on and the direction given to it by America Online, which had recently purchased Netscape. Ross and Hyatt envisioned a smaller, easy-to-use browser that could have mass appeal, and Firefox was born from that idea. The open source project gained momentum and popularity, and in 2003 all of Mozilla’s resources were devoted to the Firefox and Thunderbird projects. Released in November 2004, when Ross was 19, Firefox quickly grabbed market share (primarily from Microsoft’s Internet Explorer), with 100 million downloads in less than a year. In 2005 he was nominated for the wired magazine’s top ‘Rave Award’ opposite some very popular names including Larry Page and Jon Stewart. Blake Ross also co-founded the company Parakey which was eventually bought out by Facebook.
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
Matthew Mullenweg, 26, Founding Developer WordPress Matthew Mullenweg is the founding developer of WordPress, a resource a lot of us use on a daily basis. He used to do consulting and go to school in Houston, after which he moved to San Francisco where he worked at CNET Networks. Matthew Mullenweg left CNET Networks in late 2005 to found a company called Automattic, which is the secret force behind WordPress.com, Akismet, Gravatar, VaultPress, IntenseDebate, Polldaddy, and more. Though Automattic was Matthew’s main focus he also advised and invested February 2012
52
in startups through his company Audrey Capital. Automattic’s sites reach over half a billion people every month, making it one of the largest sites with the smallest team in the world. Funnily enough his background is anything but technical, he went to a performing arts school, learned to play the Jazz Saxophone, and then he went on to created one of the best website and blog programs in the world. In 2005 he started the company Automatic, which became the backing force behind WordPress and Akismet. At the age of 26, Matthew Mullenweg has managed to become a young millionaire with wealth not less EUR 40 million (USD 400 billion). Well done Matt! It’s indeed a great job.
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
Chad Hurley, 30, Youtube Co-Founder If you’ve ever watched a video of a cat playing the piano or Susan Boyle singing her heart out, you know these guys. Yes, he cofounded YouTube. Hurley worked at PayPal and talked up the idea of a video-sharing site with two coworkers, Chen and Karim. When they were given a bonus after eBay bought PayPal, they invested it, along with some venture capital, to build an office in a garage. It was there, in February 2005, that they started YouTube. YouTube quickly became one of the web’s fastest-growing sites, and was ranked as
February 2012
53
the 10th most popular website just a year after its launch. There are reportedly 100 million clips viewed daily on YouTube, with an additional 65,000 new videos uploaded every 24 hours. Hurley currently serves as Chief Executive Officer and was voted 28th on Business 2.0 magazine’s
‘50 people who matter’ list in 2006.
Google bought YouTube in November 2006 for $1.65 billion. Chad Hurley managed to become a millionaire at the age of 30, with total wealth of $300 million. Hurley is a user interface expert and was primarily responsible for the tagging and video sharing aspect of youtube.
www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
Making News - Jason Miller
NASA’s Biofuel Project to Help Solve World Fuel Needs October 2011
www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
The interest for creating biofuels from algae and other sea-water plants have been increasing off late. Scientists at NASA Glenn Research Center in Cleveland have been trying to fill the skies with algae and explore new means to create alternative energy source for commercial aviation. It seems like Bilal Bomani, a scientist at NASA Glenn Research Center, Cleveland, has tied the future of space exploration to sub-aquatic life.
Salicornia – The Way to Go Green Together with experiments involving everything from clean coal to bacteria, there is a plant called Salicornia that is said to produce an oil, which can be refined into biodiesel. There are several advantages that come handy with the Salicornia. First, these plants are oil-rich and easy to grow; second, seabased nurseries leave land free for food production; and third, the process should take out more carbon from the atmosphere than what it puts in. Hence, Salicornia would be the best option that could be used to create alternative energy source for commercial aviation. Salicornia is also known as Pickleweed or Dwarf Saltwort. It’s flourishing far from the coast — in saltwater and sand tanks at NASA’s wind-turbine powered Green Lab near Cleveland-Hopkins airport.
Hopes from Algae Algae are one of the world’s most common aquatic plants. Studies have already shown it to have great potentials to create oils for the food industry as well as for various fuels; making it an excellent replacement for fossil fuels. Algae as both a food source and as a biofuel has been the subject of many projects
October 2011
www.industryleadersmagazine.com
all over the world; utilizing one of the earth’s most abundant plants that has been supplying much of our oxygen as well as food for marine life. Vegans get Omega 3 from algae sources. Bilal Bomani said,
“You know that hurricanes devastated Galveston, Texas. When we went to Galveston, Texas, there was nothing there. The oil fields were devastated, but we saw Salicornia all over the place! It can actually help with the coast line, because it has nice root structure, and Salicornia has very thick roots.” The Green Solution – Biofuel Scientist Bilal Bomani says that Salicornia is a green solution. In order for a product to be considered green, there are three metrics that need to be satisfied. One, is it sustainable? Bilal Bomani says, “Are you preserving what you’re doing for future use or for future generations”. Well, since unsustainable means eventual collapse, and this is in context to a global scale here, then sustainable means so there can be future generations. Two, is it alternative, and clearly this is alternative. Is it different in what’s being used today, or does it have a lower
October 2011
www.industryleadersmagazine.com
carbon footprint than what’s used conventionally. And three, is it renewable? Bilal Bomani future explains what exactly does renewable mean, saying,
“Does it come from earth’s natural repulsing system like sun, water and air”
the fertilizer comes from an unlikely source: freshwater mollies, which can be converted to saltwater in a matter of hours. Salicornias are cheap and they love to have babies. And that’s why scientists at the Glenn Research Center are planning to use them. And so, all we have to do is basically is seed one of the tanks outside with 50 mollies, and now each one has over 300. And that lab’s been in existence since 2009, November.
Bilal Bomani’s Work The main reason that the aviation industry has been target here for the use of biofuel or biodiesel is because, the field of aviation i uses more fuel than by every other, combined. Hence, there is a need to find an alternative. It is expected that this alternative would produce biofuel using domestic and safe ‘friendly’ resources. As we a quite aware that 97.5 percent of the earth water is saline. Why not use it? And the great news here is that entire process of producing biofuel works without precious resources such as fresh water or arable land. Even
Back in the tropical, strong greenhouse at NASA Glenn, Bilal Bomani tends his plants and works to accelerate that bio-fueled future. He knows there are skeptics, disbelievers who doubt that the jets circling overhead will come to depend on what he’s growing. There have been criticizers who are curious to know what goes on in the Glenn Research Center. Bilal Bomani says, his top most reason to work on this project is that he wants to help ‘save the world’.
October 2011
www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
Central Electricity Authority -Julia Zimmerman of Electricity Supply Act, 1948 was mainly responsible for the following:
Jaipal Singh, Director CEA
i) To develop a sound and uniform National Power Policy in relation to the control and utilization of national power resources; ii) To collect and record data concerning the generation, distribution and utilization of power and carry out studies relating to cost, efficiency, losses, benefits and such like matters; iii) To advise any State Government, Board, Generating Company or other agency engaged in the generation or supply of electricity on such matters as will enable them to operate and maintain the power system under its ownership or control in an improved manner; iv) To advise the Central Government on any matter on which its advice is sought or make recommendation to that Government on any matter if, in the opinion of the Authority, the recommendation would help in improving the generation, distribution and utilization of electricity.
Central Electricity Authority (CEA) is a Statutory Body constituted under the Electricity Act, 2003. The Act has been enacted by the Government of India, Ministry of Power. The Authority is associated with the Government of India, Ministry of Power as an attached office.
After enactment of the Electricity Act 2003, the constitution and functions of CEA have been redefined. Section 75 of the Act provides that in discharge of its functions, CEA shall be guided in the matters of policy involving public interest by directions made by the Central Government.
CEA started functioning as Central Water and Power Commission (CWPC) since 1951. Later, it was bifurcated into Central Water Commission (CWC) and Central Electricity Authority (CEA), and the latter became a full statutory body in 1975 under the provision of erstwhile Electricity Supply Act, 1948. CEA under the provisions
CEA mainly focuses on development of the power system in segments (sub-sectors) such as Generation, Transmission and Distribution besides advising and monitoring various stakeholders and utilities in the Power Sector.
February 2012
62
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
Functions and duties of CEA are defined under Section 73 of the Act. However, its main functions are summarized as under: a. To advise the Central Government on the matters relating to the National Electricity Policy, and to formulate shortterm and perspective plans for the development of the electricity system and co-ordinate activities of the planning agencies. b. To promote and assist in timely completion of schemes and projects. c. To accord concurrence to new hydro-electric schemes involving a capital expenditure exceeding such sum as may be fixed by the Central Government from time to time. d. To advise the Central Government, State Governments, Licensees, Generating Companies and Regulatory Commissions. e. To collect and record Power Sector data. f. To make public information and provide for publications of reports and investigations. g. To specify technical standards for construction of electrical plants, electric lines and connectivity to the grid; the safety requirements for construction, operation and maintenance of electrical plants and electric lines; the Grid standards for operation and maintenance of transmission lines; the conditions for installation of meters for transmission and supply of electricity. h. To promote measures for advancing the skill of persons engaged in the electricity industry. i. To promote research on matters affecting the generation, transmission, distribution and trading of electricity. j. To carry out or arrange investigation for the purposes of generation or transmission or distribution of electricity. Further, Central Electricity Authority is entrusted with the preparation of the National Electricity Plan in accordance with the National Electricity Policy and notify such plan once in five years. February 2012
63
Under Indian constitution, electricity is placed under the concurrent list which means both the State Governments and the Central Government have certain obligation and responsibilities for the development of power system in India. In addition, Private sector participation particularly in generation segment is constantly growing in recent years. Various Power Sector reforms, up-gradation of technologies, massive rural electrification etc. are other significant developments. All this necessitate proper planning, balanced approach and sustained development efforts through effective supervision and control by regular monitoring and prompt advice. As an apex organization, CEA is the only statutory body in India of its kind whose functions and duties are mandated through a Parliamentary Act and which have adequate data, knowledge and experience in Power Sector to assist the Government and various stakeholder in technical matters. This makes CEA’s presence remarkable. CEA has faced a few major challenges by the Power sector in India :
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
(i) Historically, we have found it difficult to meet power capacity addition targets with variation as high as 50 percent in past. The situation has, however, considerably improved in the current 11th Plan through regular monitoring and other enabling measures. (ii) Coal is the mainstay of the power production in India and is expected to remain so in coming years. Supply constraints of domestic coal have led some public and private sector entities to embark upon imported coal to bridge the deficit. Ambitious generation targets in ensuing years may pose new challenges to deal with. (iii) Equipment shortages were significant reason for slippage in capacity addition targets in the past. While the shortage has been primarily in core components of boilers, turbines and generators, there has also been lack of adequate supply of Balance of Plant (BOP) equipment. This problem is being addressed by augmentation of domestic equipment manufacturing capability by establishing joint ventures between Indian and foreign suppliers and by procuring equipment from international markets. (iv) Some power plants and utilities face major constraints and delays regarding the availability of land and requisite environment and other clearances for the projects. (v) It is generally felt that availability of qualified technical manpower in Power sector is an issue and a greater focus is required on training and human resource development.
Apart from regular work of CEA, some major tasks and ongoing projects currently being overlooked by CEA are indicated as follows: • The National Electricity Plan is being prepared in accordance with the National Electricity Policy, an exercise done once in five years. • The 18th Electric Power Survey is underway in consultation with all stakeholders and utilities, which is another important exercise once in five years. • Reassessment of Hydro potential of the country in accordance with the latest techniques available and guidelines of the Minis-
I have been associated with CEA since January 2010 as Member (Economic & Commercial) and Ex-officio Additional Secretary to the Government of India. Jaipal Singh says, “As a civil servant, I have been associated with the Central Government in India for more than 28 years. The core areas of my domain knowledge and experience include finance, planning, budget and accounting besides adequate exposure in administration, human resource and information technology in the government and subordinate organizations in various assignments. Knowledge acquired and experience gained in the past have been useful in handling current job portfolio and associated challenges.”
October 2011
www.industryleadersmagazine.com
try of Environment & Forests. • Concurrence to Hydro schemes in the country is regular and on-going activity. • Technical support to neighboring Governments of Bhutan, Myanmar and Nepal for the development of Hydro potential. • Preparation of long term plan for Renovation & Modernization (R&M) and life extension of thermal units in the country. • Thermal Design & Engineering services for power projects in states. • Standard technical specifications for Sub-criti cal units for 500 MW have been prepared and specifications for Supercritical units under preparation.
• Consultancy to Delhi Electricity Regulatory Commission for developing optimal long term sourcing plan for meeting the power requirements of Distribution companies of Delhi. • Vetting of transmission schemes of Power Grid Corporation of India costing more than Rs 10,000 Millions. • Consultancy services to Bhutan for Formulation of a Master Plan for developing National Transmission Grid of Bhutan. • Ongoing assistance and advice to Ministry of Power on technical matters related to distribution of power and implementation of Re-structured Accelerated Power Development and Reform Programme (R-APDRP) and Rajiv Gandhi Gramin Vidyut Yojana (RGGVY) in the country. • Monitoring status of the implementation of National Electricity Policy and National Tariff Policy. Constantly growing energy requirements, ever changing technologies and private sector participation in recent years have thrown several challenges. Retirement and exodus of technical manpower is also a cause of concern. To meet these challenges, CEA needs to fine-tune its strategy for commensurate expansion and growth at organizational level so as to attract and maintain adequately qualified young engineers. CEA is constantly working to improve their service conditions, promotional avenues and training. The main assets of CEA contributing to its success are highly skilled, experienced and committed workforce in terms of technical manpower, and credible data bank on electricity acquired over the last several decades. The stakeholders and power utilities in the country look at CEA as an umbrella organization for its professional inputs and expert advice and CEA is making all efforts to meet their expectations.
October 2011
www.industryleadersmagazine.com
www.industryleadersmagazine.com October General 2011 Gonzalo Ferre, Manger of the South America Tollroads Division of Abertis
- Jennifer Morgan
Infrastructure that work
Abertis Infraestructuras Abertis Infraestructuras is an international group which manages mobility and telecommunications infrastructures through three business areas: toll roads, telecommunications infrastructures and airports. Salvador Alemany Mas, the president of Abertis Infraestructuras believes, “The internet is, today, a form of communication that brings together millions of users from across the globe. It is a figure which gives us an insight into the increasing importance it is gaining. Internet has become an extremely powerful means of communication that has changed many aspects of our lives and will continue to do so in the future.” Abertis is registered on the Spanish Stock Exchange and forms part of the selective Ibex 35 index, as well as the Dow Jones Sustainability, FTSE Eurofirst 300 and Standard Poor’s Europe 350 international indices. Abertis has had a web presence for quite some years now, which is based around its corporate web site and those of its subsidiary companies. It forms part of our unshakeable commitment
October 2011
www.industryleadersmagazine.com
to information and communication with all our stakeholders: workers, the investment community, suppliers and society at large. And we will continue to work on this, boosting our presence still further. President Salvador Alemany Mas also commented, “The website you are now visiting is an evolution of the one launched 2003 under the name of Abertis to mark the merger of Acesa and Áurea that gave rise to our company.“
“We believe that it represents a substantial improvement and hope that it is of use to you in finding the information and services you are seeking.” Abertis’ vision, mission and values are the foundations on which the Group bases its day-to-day growth and expresses its desire to identify itself with the customers, society, shareholders and employees. The Abertis wants to provide solutions to the requirements for infrastructure at the service of mobility and telecommunications, achieving synchronization between customers, shareholders and employees with the development of society. It wants to be a key infrastructure operator through its values: dialogue and partnership, confidence in people, proactivity and responsibility, credibility customer service and efficiency. All this is achieved through basic approaches. Abertis has marked its presence in 15 countries over Europe, America and Africa: Argentina, Bolivia, Chile, Colombia, Spain, the US, France, Ireland, Jamaica, Mexico, Portugal, Puerto Rico, the UK, South Africa and Sweden. January 2012
65
In Spain, it is largest group of high-capacity route operators and directly manages more than 1,500 kilometers of toll roads. Moreover, Abertis also participates in the management of a further 2,000 kilometers, through its stakes in concessions in the UK, Argentina, Chile and Portugal. Abertis telecom is one of the European groups leader in management of telecommunications infrastructures and services. Its growth in the field of telecommunications is reflected by the acquisition of a 33.4% stake in Hispasat, making Abertis the largest shareholder of the Spanish satellite operator. It has the leading network of sites for the distribution and broadcast of radio and TV signals in Spain: over 3,200 points throughout the country, allowing it to provide sound and vision to over 12 million homes. Also, Abertis telecom is Spain’s core operator in the deployment of Digital Terrestrial Television (DTT). Abertis airports is one of the world’s leading airport operators, with a strong presence in Europe and America. The company has interests in 29 airports in 8 countries, with a global traffic of more than 80 million annual passengers. Corporate Social Responsibility, for Abertis, is a way of understanding the company’s role in society, taking in the environmental, social and economic impact of its activities and its relations with the different stakeholders.
Abertis directly manages 3,743 kilometers of toll roads and, along with the incorporation of French operator sanef, is ranked third in Europe in terms of kilometers managed. October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
President of Abertis Salvador Alemany February 2012
69
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
Incorporating this triple balance also allows the group to adopt a system for constant improvement as the basis for its business strategy.
CSR is a transversal factor which affects all areas and business units, from decisionmaking to ways of working, to form part of the organizational culture. The Abertis Strategic Social Responsibility Plan represents a structure on the basis of eight broad lines: • Minimizing environmental impact • Maintaining a close relationship with customers and assuring their satisfaction • Guaranteeing transparency for the investment community • Establishing systematic channels for dialogue
February 2012
70
• Assuring the motivation and involvement of our human resources in constant improvement in the company • Getting involved in the community and in the social fabric • Extending the CSR commitment to suppliers and subcontractors • Guaranteeing supervision and monitoring of the implementation of the Strategic CSR Plan As a result of continuous international expansion in the company’s activities it now operates in 15 countries on three continents and has consolidated its position as the leading infrastructure management company in Europe and a major world player in the field.
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
N
Good Food,
estlé is the world’s leading nutrition, health and wellness company. Nestlé was founded and headquartered in Vevey, Switzerland. Nestlé originated in a 1905 merger of the AngloSwiss Milk Company, established in 1867 by brothers George Page and Charles Page, and Farine Lactée Henri Nestlé, founded in 1866 by Henri Nestlé. The company dates to 1867 when
October 2011
www.industryleadersmagazine.com
- Julia Zimmerman
, Good Life two separate Swiss enterprises were founded that would later form the core of NestlĂŠ. In the succeeding decades, the two competing enterprises aggressively expanded their businesses throughout Europe and the United States. NestlĂŠ has some 6,000 brands, with a wide range of products across a number of markets,
October 2011
www.industryleadersmagazine.com
including coffee (Nescafé, Nespresso, etc.), bottled water (Buxton, Perrier, etc.), milkshakes and other beverages (Nesquik, Milo, Carnation, etc.), chocolate (Milky Bar, After Eight, and many others), ice cream (Häagen-Dazs, Skinny Cow, etc.), breakfast cereals (Golden Nuggets, Shreddies, etc.), infant foods (now including Gerber products), performance and healthcare nutrition (Nesvita, PowerBar, etc.), seasonings, soups and sauces (Maggi, Buitoni, etc.), frozen and refrigerated foods (Findus, Lean Cuisine, etc.), confectionery (Rowntree products, Caramac, Wonka products, etc.), and pet food (Winalot, Felix).
Nestlé’s mission of “Good Food, Good Life” is to provide consumers with the best tasting, most nutritious choices in a wide range of food and beverage categories and eating occasions, from morning to night. Chairman Peter Brabeck-Letmathe says, “Good Food, Good Life, these words represent the promise we commit to everyday, everywhere – to enhance life, throughout life, with good food and beverages”. Nestlé believes that leadership is about behavior, and it recognizes that trust is earned over a long period of time by consistently delivering on promises. Nestlé believes that it is only possible to create long-term
October 2011
www.industryleadersmagazine.com
sustainable value for our shareholders if our behavior, strategies and operations also create value for the communities where we operate, for our business partners and of course, for our consumers. Nestlé call this ‘creating shared value’. Paul Bulcke, Chief Executive Officer at Nestlé said, “We believe that all foods and beverages can be enjoyable and play an important role in a balanced and healthy diet and lifestyle.” Nestlé can trace its origins back to 1866, when the first European condensed milk factory was opened in Cham, Switzerland, by the AngloSwiss Condensed Milk Company. One year later, Henri Nestlé, a trained pharmacist,
launched one of the world’s first prepared infant cereals ‘Farine lactée’ in Vevey, Switzerland. The two companies merged in 1905 to become the Nestlé you know today, with headquarters still based in the Swiss town of Vevey. We employ around 280 000 people and have factories or operations in almost every country in the world. Nestlé sales for 2010 were almost CHF 110 bn. As of year end 2010, Nestlé held 29.7% of the shares of L’Oréal, the world’s largest company in cosmetics and beauty. The Laboratoires Inneov is a joint venture in nutritional cosmetics between Nestlé and
October 2011
www.industryleadersmagazine.com
74
October 2011
www.industryleadersmagazine.com
L’Oréal, while Galderma is a joint venture in dermatology with L’Oréal. Others joint ventures include Cereal Partners Worldwide with General Mills, Beverage Partners Worldwide with CocaCola, and Dairy Partners Americas with Fonterra. Peter Brabeck-Letmathe believes, “Our long term commitment is to enable people to make informed choices about their diets and lifestyles, helping them care for themselves and their families.” Nestlé’s nutrition, health and wellness strategy is based in three fundamental beliefs: Pleasure and health: We believe that nutrition must have great taste if it is to be enjoyed as part of a healthy balanced diet. People want their food to be both enjoyable and healthy, so if we are to win their preference our products must deliver in both taste and nutrition. This is challenging, and our team of highly qualified scientists and research experts has an objective to ensure our products across different categories not only taste better but also help people lead a healthier lifestyle. Eating with moderation and balance: We encourage responsible nutrition, moderation and variety in food habits. There is no such thing as
Nestle Beverage - Waverly Factory. January 2012 “Making a Difference 3 Award“
bad food, whether sweet or savoury, fresh or frozen. Moderation and variety are two key components of an enjoyable, healthy and balanced diet. Our product range is designed to include a great variety of choices for every moment of the day and for all family members; we invite people to discover all the alternatives and integrate them in their diets in a balanced way. Transparent communication: We share with consumers the nutritional content and value, including energy, sugar, salt, fat, protein and fibre content of our products. We believe being transparent is the best way to win trust. Clear, user friendly, easy-to-understand nutrition information is highlighted consistently on billions of packs bought daily around the world. This information is included in the Nestlé Nutritional Compass. Nestlé wants you to be able to make healthy choices about your food and beverages. Nestlé also believe that good food sometimes means treating yourself! Nestlé’s aim is to make your life more pleasurable because our products not only taste better; but they are also more nutritious.
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
Bigger Better TV October 2011
www.industryleadersmagazine.com -Richard Meryn
Katsuhiko Machida, CEO and Chair at Sharp Corporation
S
harp Corporation is a company known worldwide for its unique one-of-a-kind electronic products and solutions. Sharp Corporation’s challenge is to create a balance between work time and personal time, with products that can benefit people’s lives at work, at home, and everywhere in between. Sharp consumer electronics can enhance consumer’s enjoyment, add to consumer’s comfort and open new perspectives. Sharp business products can boost productivity and reduce costs. Sharp products are designed to help individuals, families, and corporate teams connect effortlessly, communicate clearly, and unleash creativity like never before. Sharp is dedicated to improving people’s lives through the use of advanced technology and a commitment to innovation, quality, value, and design. February 2012
82
Sharp Electronics Corporation Chairman and CEO, Kozo Takahashi believes, “We’re very excited about the Sharp products you’ll discover as you explore our website. We hope you’ll find that they better your own lifestyle with Sharp quality, innovation and style.” At Sharp, we have a long, rich heritage of imaginative products that improve people’s lives. In 1915, our founder invented the “Ever-Sharp Pencil,” a mechanical pencil from which Sharp takes its name. Sharp has long lived up to this name with such innovations as the world’s first electronic calculator, the first microwave oven turntable, and the mass production of solar cells way back in 1963.
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
Today, Sharp’s ever-evolving product line includes revolutionary multi-function business products, renewable energy-creating solar panels, a full range of beautiful, energy-efficient AQUOS® LCD TVs, and our latest: LED lighting, which builds on a long history of leadership in critical technologies. We also continue to explore other innovative products and technologies that promise major advances in our ability to create and save energy both at home and in the workplace. Sharp is just as passionate about the environment as we are about our products. Sharp’s LCD plant in Kameyama, Japan, is an impressive example of environmental conservation, featuring one of the world’s largest roof-mounted solar electricity systems. In Sakai, Japan, Sharp operates a manufacturing complex that includes the most advanced factories for both LCD TVs and thin film solar cells. A model of efficiency for all other manufacturers, the Sakai complex also includes the factories of key component suppliers and its own solar power generating system, all integrated into the same location.
Kozo Takahashi also said, “We do not seek merely to expand our business volume. Rather, we are dedicated to the use of our unique, innovative technologies to contribute to the culture, and welfare of people throughout the world. It is the intention of our corporation to grow hand-in-hand with our employees, encouraging and aiding them to reach their full potential and improve their standard of living.” Sharp aims to be an eco-conscious organization in its business operations. For example, Sharp’s nationwide electronics recycling program provides free, convenient consumer recycling of Sharp televisions and other consumer audio and video products. Sharp is also a leading member of the U.S. Environmental Protection Agency’s SmartWaySM Transport Partnership, a market-based partnership to reduce fuel use, greenhouse gas emissions, and air pollutants from the freight sector, and has received its annual “SmartWay Excellence Award” in each of the four years the award has been given.
October 2011
www.industryleadersmagazine.com
November 84 2011
4
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
It’s Sharp’s goal to achieve a truly ubiquitous, environmentally-conscious society through the use of our energy-efficient LCD TVs; to create consumer electronics, office equipment and appliances that are ever more energy-efficient; and to bring clean energy production to utility, commercial and residential customers through the use of our efficient solar panels. All this adds up to our vision of contributing to the world’s environment through our energy-saving and energy-creating products. Katsuhiko Machida, CEO and Chair at Sharp Corporation says,
“Sincerity is a virtue fundamental to humanity. Harmony begins with strength. Politeness is a merit. Creativity promotes progress. Courage is the basis of a rewarding life.” Sharp Electronics Corporation does not seek merely to expand its business volume. Rather, the employees at sharp are dedicated to the use of our unique, innovative technology to contribute to the culture, benefits, and welfare of people throughout the world. It is the intention of Sharp Corporation to grow hand in hand with its employees, encouraging and aiding them to reach their full potential. Our future prosperity is directly linked to the prosperity of our customers, dealers and shareholders―indeed, the entire Sharp family. Solar electricity works exactly the same as the electricity you buy from the utility company. You turn on lights, plug in lamps and power appliances the same way you do right now. In fact, if you didn’t see solar modules on the roof, you’d never notice any difference—except a lower electric bill. Sharp’s President, Mikio Katayama believes,
Kozo Takahashi North and Suth America Group, CEO and Chairman of Board
“By committing ourselves to the ideals of sincerity and creativity, we derive genuine satisfaction from our work, while making a meaningful contribution to society.” Saving energy, saving resources, maximizing recycling, minimizing hazardous materials, that’s the Sharp commitwww.industryleadersmagazine.com October 2011 ment to the environment.
The Grande Da
Peninsula Hong October 2011
www.industryleadersmagazine.com
ame of The Far East
a Hotels, Kong January 2012
85
OctoberAnn 2011 -Carrie
www.industryleadersmagazine.com www.industryleadersmagazine.com
T
he Peninsula Hotels group has a unique identity among the world’s leading luxury hotels. Peninsula Hotels was established in 1928, and now operates prestigious luxurious properties in nine major cities. These include the flagship in Hong Kong plus Shanghai, Tokyo, Beijing, New York, Chicago, Beverly Hills, Bangkok and Manila, with Paris opening in 2013. Peninsula is a living legend, the name synonymous with luxurious comfort and impeccable service. Peninsula has a high vision, and its standards always aiming to delight its customers. It kind of seems remarkable; Peninsula is now serving the third generations of many of its loyal guests. Located at the edge of Victoria Harbor in Tsim Sha Tsui, the luxurious Peninsula Hotels Hong Kong boasts pampering spa services and a Roman-style indoor pool. Nine eateries including a rooftop restaurant await guests. Free WiFi is provided.
Hong Kong itself. It was founded by members of the Kadoorie family and was built with the idea that it would be “the finest hotel east of Suez.” The Peninsula Hotels Hong Kong is 5 minutes’ on foot from Tsim Sha Tsui Ferry Terminal. An express train ride from Hong Kong International Airport to Kowloon Station is approximately 1 hour away. In 1994, the hotel was expanded with a 30-story tower that follows the same style as the existing building. The facade of the
Oriental elegance meets modern luxury in rooms, which overlook the hotel’s courtyard, Victoria Harbor or Kowloon. Marble bathrooms are fitted with a spa bathtub. A DVD player, cable TV channels and 24-hour room service are also provided. The history of Peninsula, that became the Hong Kong and Shanghai Hotels, stretches back almost as far as
October 2011
www.industryleadersmagazine.com
existing hotel building was preserved, including the forecourt, the lobby and the front facade. The hotel remained in operation while construction commenced. The new tower also includes a helipad for clients. It is one of only two private rooftop helipads in the territory. The Peninsula Hotel has a collection of restaurants. They include the gourmet French restaurant Gaddi’s, which has one of the first Chef’s Tables in Hong Kong, and the Philippe Starckdesigned Felix. Other notable restaurants include Spring Moon, Imasa, and Chesa,
which specialize in Cantonese, Japanese, and Swiss cuisine respectively. The Lobby of the Peninsula serves traditional English-style Afternoon Tea, reminiscent of Hong Kong’s colonial era. Since December 2006, the hotel has had a fleet of 14 Long Wheelbase Rolls-Royce Phantoms painted in the hotel’s signature green. This was the largest order placed for Rolls-Royce in the history of the company. It replaces a fleet of Rolls-Royce Silver Spurs. Mr. Joseph Samparmans, the Hotel Manager of The Peninsula Hong Kong said, “As our Grande Dame flagship property and the city’s only historical five star luxury hotel, The Peninsula Hong Kong occupies a very special place in the hearts of both our loyal local clientele and international visitors. We are now serving the third generation of customers, and The Peninsula Hong Kong remains as glorious and glamorous as ever and a landmark for so many in the city’s collective memory.” The Peninsula Spa by ESPA features private treatment rooms where guests can enjoy a relaxing massage. Sightseeing tours can be done using the hotel’s helicopter or luxury cars like Rolls-Royce and Mini Coopers. Felix rooftop restaurant features modern European cuisine while
The Penninsula Hotel, Hong Kong Spa
October 2011
www.industryleadersmagazine.com
English afternoon tea is offered at The Lobby. Other options include French, Chinese, Swiss and Japanese dining. Salon de Ning lounge and The Bar offers a range of cocktails and drinks. Ms. Rainy Chan, the General Manager of The Peninsula Hong Kong said, “Our strategic location, close to key business, shopping and entertainment areas, makes it ideal for a business executive, whether travelling alone or with a spouse. The many room features and amenities ensure you can work effortlessly and seamlessly, the other facilities like restaurants and bars provide you with the convenience of entertaining for any location.” The Peninsula Hotel Hong Kong has been recognized as an internationally leading hotel in many areas. It has received awards from a food
and beverage magazine, Travel + Leisure, and other industry organizations.The hotel is mentioned in Paul House’s novel Harbour, and the James Bond film The Man with the Golden Gun starring Roger Moore, where the hotel’s fleet of Rolls-Royce Silver Shadows is mentioned. The hotel was prominently displayed in the 1988 NBC television miniseries Noble House. In 2007, The Peninsula was used for a scene in the superhero film The Dark Knight, involving actors Morgan Freeman and Chin Han, who played Lucius Fox and Lau, respectively. The hotel was chosen, as it was one of the only two private helipads in the SAR and the producers preferred the roof of The Peninsula over that of Shun Tak Centre.
October 2011
www.industryleadersmagazine.com
The2011 Penninsula Hotel, Hong Kong www.industryleadersmagazine.com October Dinning Room
The Pride of Pu
October 2011
www.industryleadersmagazine.com
une, The City of Future
Magarpatta City: A Remarkable Reality October 2011
-Dhwani Shah www.industryleadersmagazine.com
neighborhoods, school, hospital, shopping malls, hotels, restaurants and recreation places. All this is complemented by lush greens and a pollution free ambience, a supreme setting for your life and business to evolve. Long before the nation woke up to the violent protests against ‘forced’ land acquisitions for Special Economic Zones (SEZs), a small group of farmers on the fringes of Pune saw the writing on the wall and decided to act before the process of globalization and development swallowed up their ancestral farms. Our Vision is to create a new way of life for the networked society of the new millennium. With emphasis on proper environment control, good living standards, modern educational system and state-of-theart working conditions with total security. Magarpatta City was a dream, of nearly 120 farmer families, which is now Mr. Satish Magar, Chairman & Managing transformed into a remarkDirector of the Magarpatta City able reality. It is admired Magarpatta is a self-contained residential cum Industrial / Corporate settlement spanning over 430 acres of land, situated along the Pune - Solapur Highway in Hadapsar, Pune, Maharashtra, India. Magarpatta City is power packed with international amenities and is an award winning and internationally appreciated model of integrated development and selfsustainability. Magarpatta City is a city within a city having commercial zone, residential February 2012
94
worldwide as an internationally renowned model of inclusive development & social capitalism. Magarpatta City features a walk to work-home-recreation lifestyle, futuristic residential marvels, a very contemporary commercial zone, and a globally renowned IT park. It has also won several awards for integrated development and immaculate construction practices,. Magarpatta City has also won tributes for eco-
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
friendly features and pollution free environ. With a full-fledged shopping zone, recreation facilities and offices in its campus, just take a walk daily to your office, stroll through the eye-catching environs every weekend while enjoying pollution free air with your family. Mr. Satish Magar, Chairman & Managing Director of the Magarpatta City says, “Today, the name Magarpatta City stands for quality in construction, innovation in design and impeccable planning. No wonder, it is regarded as the remarkable reality.” Magarpatta City has won many national and international awards for its uniqueness and novelty. It has won accolades in the 2008 Sidney World Congress of Metropolis. Maharashtra Economic Development Council lists Magarpatta City amongst the ‘Top 10 success stories of the state’. Magarpatta City has also been Identified as a prestigious project along with ‘Konkan Railways, Mumbai-Pune Expressway’ at the infrastructure summit 2002. Cybercity has received February 2012
95
first prize for in the IT infrastructure category at the Maharashtra IT Awards. The City has also been mentioned in the Limca Book of Records for having largest solar water heating system. Satish Magar also believes, “In a reality born through perfect vision and brilliant execution, Magarpatta City offers everything to everyone. Act today and be a proud citizen.” Magarpatta City practices techniques for conservation and betterment of the environment. We practice various Sustainable Energy Systems on a huge scale striving to reduce Global Warming. Rainwater Harvesting Pune’s largest mist fountain enhances the microclimatology in the Magarpatta City. Waste water is recycled with three sewage treatment plants planned with a capacity of 2 million litres a day and the recycled water is used for gardening purpose via the conserving drip irrigation and sprinkler distribution system. This keeps the garden
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
lush green and lowers temperatures in the surroundings. Garbage Segregation at Source Eco-friendly practice of segregation of over 400 tonnes of household and commercial garbage, trash and waste per month is done at source of which 280 tonnes of biodegradable waste is used for vermi-culture and bio-compost. Over 120 tonnes non-biodegradable waste is recycled in a way not hazardous to nature, disposed off safely and the re-usable scrap is sold. Biogas Plant Biogas plant, installed in the Magarpatta City, saves excessive power requirements equivalent to 118 commercial gas cylinders of 19 kilograms capacity per month, which translates to a power generation of over 270 electrical units per day. Over 7,000 solar water heating panels installed on the terraces reduce heat effects on the top floors and are designed to save over 1.75 crore electrical units which potentially translates to more than 13,000 tonne of carbon emissions saved every year. An electrical vehicle is used for security. Low power consumption lights are fitted in streets and common areas. Vermiculture The nursery has vermi-culture and bio-compost pits, which generate manure from garbage segregated at source at Magarpatta City. The
February 2012
96
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
manure composted here provides for nourishing these saplings and shrubs. Organic pesticides like Verticillium and Trichoderma are used extensively. Not only are plants, saplings and organic vegetables sold here, a unique facility of a Plant Library is offered whereby just like a book/ video library one can enjoy the different plants here at a nominal charge for a limited period providing a refreshing and dynamic feel to ones dwelling. Solar Water Heating System Magarpatta City has become home to one of the largest residential Solar WaterHeating systems in the country. The solar panels have been put in all the residential apartments comprising of about 3500 flats in the Phase-I & II. On completion, the total capacity will be in the region of 7 lakh litres per day which will save power to the tune of 37 KWH per day and in monetary terms Rs.3.9 crore a year. This is one of the many environment-friendly practices carried out in Magarpatta City. Finally all that Satish Magar has to say is, “Care for the environment is what makes life at Magarpatta City – a completely different world!�
February 2012
97
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
Kuehn
The extensio -Chris Mckenzie
October 2011
www.industryleadersmagazine.com
ne + Nagel:
on of your Business
October 2011
www.industryleadersmagazine.com
S
ince 1890, when the business was founded in Bremen, Germany, by August Kuehne and Friedrich Nagel, Kuehne + Nagel has grown into one of the world’s leading logistics providers. Today, the Kuehne + Nagel Group has more than 900 offices in over 100 countries, with over 61,500 employees. The Company’s key market position and business activities are built on the its truly world class capabilities Of over 120 year history, Kuehne + Nagel has evolved from a traditional international freight forwarder to a leading global provider of innovative and fully integrated supply chain solutions. Kuehne + Nagel has approximately 7 million sqm of warehouse space under management.
Kuehne + Nagel is the number 1 global seafreight forwarder and sustained yearon-year double digit growth in managed freight. It has solid partnerships with an extensive range of preferred ocean carriers. The Company ranks among the top 3 global air cargo forwarder. Kuehne + Nagel is a leader in innovative cargo management concepts and also has Global Cargo 2000 Phase 2 certification. They possess a worldwide network of warehouse and distribution facilities and is a number 1 global lead logistics provider. Kuehne + Nagel is financially strong, stable and independent. Their global logistics network, cutting-edge IT systems, in-house expertise and excellent customer service is proof of their dedication to be the market leader. These attributes have placed Kuehne + Nagel at the forefront of the industry, and positioned them to continue increasing the scope of their customer solutions and services.
August Kuehne February 2012
100
Kuehne + Nagel has a proven track record with some of the largest and best-known companies in the world. They provide integrated, value-creating solutions to the world’s major industries. With proven end-to-end supply chain expertise and dedicated industry specialists, the company fully
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
within their network, giving customers the information they need, when they need it. Kuehne + Nagel’s suite of airfreight products has been designed to meet the challenges their customers face in today’s dynamic production and service environments. Their value proposition- Kuehne + Nagel delivers highly flexible services through partnerships with leading carriers, as well as easy visibility and monitoring of freight movements via KN Login, the global information system. understands what drives the various sectors, anticipating their respective logistics requirements. Seamlessly combining its entire suite of services from across its business fields, Kuehne + Nagel develops and implements customized logistics solutions throughout the supply chain, from logistics consulting and planning right through to aftermarket services.
Why Kuehne + Nagel is the number one seafreight services provider in the world? The key to their position at the pinnacle of the industry lies in their experience, expertise and global reach. They deliver highly flexible services through partnerships with
Kuehne + Nagel has become one of the world’s top 3 airfreight forwarding specialists by offering a comprehensive range of international air cargo solutions and unbeatable levels of customer service. Their global airfreight teams, located in more than 300 offices worldwide, are always available to advise you. Their specialized, industry-focused approach will make certain the customers air cargo travels the safest, speediest and most cost-effective way possible. Every year the company looks after nearly 948,000 tons of air cargo, spanning not only key international airfreight routes but also individual transportation solutions to the more remote parts of the planet. All Kuehne + Nagel airfreight shipments are planned, controlled and measured according to Cargo 2000 procedures, so the shipments are monitored door-to-door February 2012
101
Friedrich Nagel
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
leading ocean carriers. These well-established relationships guarantee capacity and the ability to adapt to growing seafreight trade volumes, quickly and efficiently. Kuehne + Nagel has over 7,500 seafreight specialists throughout the world ready to help you find the right solution, customized to meet your unique requirements. So, regardless of the size your business, or your location, the chances are that they will be able to meet your requirements, along with tailor-made rates to ensure value. In addition, KN Login, the company’s webbased global information management system, will enable customers to track and trace and schedule shipments, and generate reports, whenever customers need them. Kuehne + Nagel can help optimize transportation flow across Europe and is fully integrated with other Kuehne + Nagel supply chain components, such as Sea/Air and
February 2012
102
Contract Logistics.The Company said, “We are the contract logistics partner of choice for logistics outsourcing and the management of complex supply chains. Our integrated services include all aspects of logistics planning, control, and execution. From point of origin to consumption, we design solutions that turn your logistics operations from a challenge into a substantial competitive advantage.” Kuehne + Nagel contract logistics experts have in-depth industry-specific experience. They listen carefully to customer’s logistics challenges and conduct a thorough analysis of the customers business needs. Then they design and build an optimal solution customized to customers cost and service requirements. Working closely with customers, it develops collaborative operating models designed to give customers a more competitive edge. They then implement them by maximizing their service levels.
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
Fedurary 2012
107
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
Larger than Life
- Jennifer Morgan
October 2011
www.industryleadersmagazine.com
We all like things that are special, that have limited edition, that are unique and of course expensive. But do we actually have enough money to get all what we want. Maybe we can just imagine or dreaming about such expensive gadgets would satisfy us. There is a long list of world’s most expensive that can be found with interesting facts and figures. Wow! Doesn’t it look very interesting? From cars to pets, watches to iPods, jewelry to haircuts, everything has a most expensive in its category. For now it’s time to share the world’s 5 most expensive gadgets.
Most expensive gadget #1: The 201-carat-Chopard worth $25 Million They say “Time is Money”. I believe nothing explains this better than a 201-carat-Chopard watch-bracelet. It might be unbelievable, but yes, the 201-carat-Chopard is worth $25 million. It is the world’s most expensive watch ever made. And what makes it the world’s most expensive is the 201-carat of pure diamond. The main head of the watch is surrounded with three heart shaped diamonds which is the most unique feature with colors of blue weighing around 12 carats, while white weighing around 11 carats and pink weighing around 15 carats. The watch has an option of spring typed button which when pressed the three heart-shaped diamonds open like a flower petal. Then the three hearts- shaped diamonds are surrounded with pear-shaped white diamonds in form of a flower and in the middle of each a yellow colored diamond emerges. The total weight of the yellow and white diamonds is 163 carats, and thus the total weigh winds up at 201 carats.
October 2011
www.industryleadersmagazine.com
Most expensive gadget #2: iPad2-Gold History edition worth $8.1 Million iPad2 – gold history edition is apparently the world most expensive iPad2 ever and the world’s most unique gadget, undoubtedly. iPad2 – gold history edition is coated with 12.5 carats of ‘I’F’ Flawless diamonds. A magnificent total of 53 individually set sparkling gems dwell beautifully in the 24carat Apple logo with rear section which is also formed in 24carat gold weighing an immense 2,000 grams. The unique imagination towards the craftsmanship of the iPad2 is down to its main front frame which is made from the oldest stone – Ammolite. This stone is sourced from Canada over 75 million years ago. But that’s not all. To make this masterpiece even more unique and one of a kind, sections of a 65 million year old T-REX Dinosaur’s thigh bone was splintered and then shaved into the Ammolite , then finished off with ultimate jewel , as single cut 8.5ct flawless diamond inlaid in its own platinum surround with 12 outer flawless diamonds. Indeed, the world’s most expensive and unique iPad2 I have ever come across. Well, if you want to be the only person on earth to own this “piece of history,” buy a “his” and “hers” as a matching set for this edition is limited to only 2.
February 2012
108
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
Most expensive gadget #3: Diamond Rose iPhone4 worth $8 Million The boost in the price tag is directly related to the increase in the number of diamonds and other precious stones metals. Well, that about the world’s most expensive phone that costs over $8 million. And what makes it the world’s most expensive is the bezel of the luxurious iPhone4 32GB is handmade from rose with approximately 500 individual flawless diamonds, totaling it to over 100 carat. The back piece has been done using rose gold, along with an additional touch of its rose gold Apple logo and 53 diamonds.
7.4 carat pink diamond. There is also a rare 8 carat single cut flawless diamond that can replace the pink one.
The main navigation is made from platinum, which holds a single cut
The luxury phone comes in an equally luxurious chest that has been made from a single block of Granite, in Kashmir gold with the inner lined with Nubuck top grain leather. No wonder the iPhone4 is the world’s most expensive phone ever.
February 2012
109
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
Most expensive gadget #4: PrestigeHD Supreme Rose edition worth $2.3 Million I am sure you love relaxing on the couch and watching your most favorite sport on the HD TV. Who wouldn’t? But what would make it even more exciting is when watching TV for long hours could have no harmful effects on your eyes. Well, as it is said, “nothing is impossible” if you bring home the world’s most expensive television, the PrestigeHD Supreme Rose Edition. This exclusive television comes with a marvelous get up and is a 55 incher set. That not all. There is still much to unveil. The entire set comes in a 24 carat gold solid gold casing and it is made of solid 18 carat rose gold. What makes this edition of PresigeHD, the world’s most expensive television is the plethora of precious metals and the use of the finest gemstones. Featuring a blingy frame with 72 brilliant round-cut 1 carat IF flawless diamonds along with Sunstone and Amethyst, this television set is a treat to the eyes, and the inner screen layer is composed of Alligator skin. In addition to this, the PrestigeHD Supreme Rose Edition is 28 kilograms with 18 carat kilograms rose gold on it.
February 2012
110
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
Most expensive gadget #5: Luvagilo – a million dollar laptop A million dollar laptop? Yes, that right. Luvagilo is the world’s most expensive laptop so
far. It is known as ‘Luvagilo – a million dollar laptop’. The most unique thing about this laptop is that Luvagilo is fully hand crafted with diamond encrust which is a kind of luxury addition to the laptops’ world. The unique feature about Luvagilo is that it is designed according to the specifications and designs chosen by the customer.
Luvagilo has 17 inches Widescreen LED display having an anti reflective glare coating for clear and bright image and video display. It has built in USB memory stick and a MP3 player. Luvagilo also has about 128 GB the solid stage storage space and a slot for loading Blue Ray drive. Blue Ray drive is a High Density Optical Disk having capacity of 25 GB on one layer and 50 GB on dual layer. Now, what makes it the world’s most expensive laptop is the beautiful rare color diamond which is placed on the power button for ornamentation purpose and also used for security identification so that no one other can power on the laptop.
February 2012
111
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
Events & Tradeshows 123 February 2012
Energy ENEX-New Energy :Date: 06-MAR-12 to 08-MAR-12 ENEX-New Energy will encompass state-of-the-art solutions within generation and utilization of power and heat from renewable sources, opportunities for subsidizing energy from renewable sources, methods of storing and saving energy. Venue: Kielce Trade Fair Centre, Kielce, Swietokrzyskie, Poland
GLOBE Expo: Date: 14-MAR-12 to 16-MAR-12 GLOBE 2012 Trade Fair will be the 12th event in the GLOBE series of biennial conferences and trade fairs on the business of the environment. This series of events is dedicated to bringing together professionals from the environment sector. Every two years, corporate executives, government representatives, environmental senior managers, urban planners and financial executives meet to discuss emerging priorities and opportunities in the business of the environment. Venue: Vancouver Convention & Exhibition Centre, Vancouver, British Columbia, Canada
Next Energy: Date: 27-MAR-12 to 30-MAR-12 International exhibition on energy generation and conservation, to showcase the progress made, deliberate the potential opportunities and challenges facing the industry and to create a roadmap for sustainable growth and development. Venue: Fiera Milano, Milan, Lombardia, Italy
The Energy Show: Date: 28-MAR-12 to 29-MAR-12 The Energy Show is specifically designed as a forum for suppliers and customers of more sustainable energy technologies and services to meet and transact business. It provides a forum for suppliers of sustainable energy products and services to present, explain and demonstrate their technologies and experience. Venue: Royal Dublin Society Main Hall Complex, Dublin, Ireland
114
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
Events & Tradeshows 124 February 2012
Manufacturing Cygnus Aviation Expo: Date: 07-MAR-12 to 09-MAR-12 Cygnus Aviation Expo will showcase innovative and current technologies for ground support, FBO and aircraft maintenance professionals. World acclaimed industrialist and maintenance groups are supposed to become part of this show. It is one of the very different kinds of event that provides an ideal place to showcase skills in wide variety of techniques and specialization related to aviation industry. From all over the world including 50 states and 38 countries will represent their innovations and developments pertaining to the aviation sector at single platform. Venue: Las Vegas Convention Center, Las Vegas, Nevada, United States Of America
Quality Expo South:
Date: 14-MAR-12 to 15-MAR-12
Quality Expo South has long served the Midwest’s manufacturing market, providing a meeting place for leading suppliers to showcase their innovations in quality-related tools, technologies, and services to the manufacturers seeking to drive quality improvements and increase productivity. Now, the South’s manufacturers will have access to this same convenient resource with the introduction of the Quality Expo South 2012. Venue: Fort Worth Convention Center (FWCC), Fort Worth, Texas, United States Of America
Techno Classica Essen: Date: 21-MAR-12 to 25-MAR-12 Techno Classica Essen event is going to present most updated and extensive variety of Automobiles, Motorsport and Motorcycles. Last year 172.800 visitors from 41 countries were participated in the event. In the Techno Classica Essen eventvisitors, exhibitors will get an opportunity to showcase their products related to classic cars, motorsport equipment, motorcycles, spare parts and restoration like automobile battery, automotive accessories, motor components & accessories, motorcycle wheels and tires. Visitors will also enjoy a variety of features like expert advice on individual items, a chance of test driving their favorite models and an opportunity to select amongst a wide range of motorcycles under one roof. Venue: MESSE ESSEN GmbH, Essen, Nordrhein-Westfalen, Germany
LASER World of PHOTONICS CHINA:
Date: 20-MAR-12 to 22-MAR-12
LASER World of PHOTONICS CHINA has been the industry leader in showcasing latest advancements and developments in the industry sector of laser and photonics. Focus in the exhibition will be on special sectors such as optical processing, optics manufacturing and optical-fiber communication. The show acts as the perfect symposium for innovators, marketers and business houses that are working on fields related to optical technology. Venue: Shanghai New International Expo Centre(SNIEC), Shanghai, China 115
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
Events & Tradeshows 125 February 2012
Construction Maintenance Duisburg: Date: 07-MAR-12 to 08-MAR-12 Maintenance is a comprehensive exhibition, which encompasses all elements of management and maintenance for a complete range of facilities, from industrial and commercial, to retail and hospitality. Bringing together leading industry suppliers and retailers. Venue: Landschafts park, Duisburg, Nordrhein-Westfalen, Germany
Worldbex: Date: 14-MAR-12 to 18-MAR-12 Worldbex is the only show in the Philippines that always adds new dimensions and directions to the construction industry. It assembled the widest array of new and interesting products, which represents the greatest advances in materials tools or equipment. Venue: World Trade Center Metro Manila, Manila, Metropolitan Manila, Philippines
Expo Ediliza
:Date: 22-MAR-12 to 25-MAR-12
Expo Ediliza is the trade show for the construction and architecture sector. Exhibiting at Expoedilizia means taking advantage of the opportunity to meet with thousands of committed operators, to set up profitable partnerships and to promote ones business in the architecture and construction sector. Venue: Fiera Roma, Rome, Lazio, Italy
Feicon Batimat: Date: 27-MAR-12 to 31-MAR-12 Feicon Batimat event will be one of the famous exhibitions organized on construction industry. In the event, more than 750 exhibitors will be participating from over 21 countries. The event will cover 85,000 sq feet of space where exhibitors will easily showcase their innovative products. Various visitors will be attending the show from all over the world like architects, engineers, constructors, incorporators, shopkeepers, constructors, interior designers and consumers interested in build or redecorate. The event will showcase the latest products and equipments used for construction industry. This is the one and only Feicon Batimat for the construction, engineering and architectural industries. The event attracts visitors and exhibitors from all over the world. Venue: Parque Anhembi Exhibition, Sao Paulo, Brazil 116
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
Events & Tradeshows 126 February 2012
Supply Chain LogiMAT: Date: 13-MAR-12 to 15-MAR-12 Logimat Expo showcases solutions for maximising the efficiency of material flow and computer-controlled processes from procurement to production and distribution. It offers a complete review of the market in everything to do with intralogistics. It is a unique opportunity for you to present your company and your products to a professional audience. Venue: Stuttgart Neue Messe, Stuttgart, Baden-Wurttemberg, Germany
Pack Fair:
Date: 03-APR-12 to 05-APR-12
Pack Fair is the right meeting place of all specialists from all branches of package industry, where the modern technologies for producing of packing materials, tare and packages, auxiliary packing means, labels and equipment for its manufacture, technologies and equipment, poly graphic packages design etc are represented. Venue: Kiev Expo Plaza Exhibition Center, Kiev, Kiev City, Ukraine
Convenience Store Show Colorado: Date: 05-APR-12 to 05-APR-12 Convenience Store Show Colorado to be held at the Denver Merchandise Mart offers a unique opportunity to exhibitors to showcase and sell their products and services to multiple industry segments and qualified owners and buyers. This show becomes the biggest attraction for the industry professionals because it helps them find new prospects, qualify sales leads, generate new revenue, communicate to the customers, find new distributors and dealers, and solve problems with existing customers and in totality stay ahead in competition. With interesting event highlights, this show has made a special place for itself in the industry. Venue: Denver Merchandise Mart, Denver, Colorado, United States Of America
Foodex:
Date: 25-MAR-12 to 27-MAR-12
Foodex is the UK show for food & drink processing, packaging and logistics - a one-stop event for professionals in all areas of food manufacturing. Building on past successes, sector interest has extended further into the manufacturing supply chain with focus on 8 key areas. Venue: National Exhibition Centre (NEC,)Birmingham 117
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
Events & Tradeshows 127 February 2012
Food & Beverages International Food Drink & Technology Exhibition: Date: 09-MAR12 to 11-MAR-12 International Food and Drink Exhibition(IFDTEX) is one of the largest exhibition in in the food industry. This is where you can Raise your profile in the industry and add value to your brands, Locate new agents and distributors for your products, Launch a new product and generate media interest. Venue: METROPOLITAN EXPO Center, Athens, Attiki, Greece
Nightclub & Bar Convention & Trade Show:
Date: 12-MAR-12 to 14-
MAR-12 Nightclub & Bar Convention & Trade Show will be one of the most energetic shows pertaining to nightclub and bar industry. It will help the exhibitors to make new contacts and good follow-up business. There will be large product line of soft drinks, hard drinks and food for bar and night club parties. Experts and key decision makers from whole spectrum of food items and wide spectrum of beverages and products related to bar and many more will be seen in the Nightclub & Bar Convention & Trade Show. There will be a comprehensive educational program providing myriad of offerings in important areas such as operations, promotions, marketing, safety, technology, trends and more. Venue: Las Vegas Convention Center, Las Vegas, Nevada, United States Of America
International Fast Food Fair:
Date: 14-MAR-12 to 16-MAR-12
International Fast Food Fair is an International exhibition of food products, drinks and equipment for the fast food industry in Russia. This is one of the biggest exhibition in Moscow for food and beverage sector which will be held between 15-17 March 2011 and being organized by ITE LLC MOSCOW. Venue: Crocus Expo International Exhibition Center, Moscow, Moskva, Russia
International Food Exhibition-IRIS : Date: 25-MAR-12 to 27-MAR-12 International Food Exhibition-IRIS is seen as one of the most important sectors that has witnessed a positive development in the latest years, despite many marketing hindrances, especially after establishing open markets and international competition. Venue: Amman International Fair Ground, Amman, Jordan 118
October 2011
www.industryleadersmagazine.com www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com
October 2011
www.industryleadersmagazine.com