Dr. Nandu Thondavadi Is The Chief Executive Officer At Zolon Corporation

Dr. Nandu Thondavadi is a successful businessman and corporate officer and is presently serving as the Director and Chief Executive Officer at Zolon Corporation. He specializes in the fields of international management, product development, cost reduction, and systems implementation. He has also expertise in merger and acquisition activities. His years of experience and effective leadership skills have proven highly effective in establishing and growing technology businesses and programs and contributing towards the corporate growth. He has served various important positions ranging from software development to leading a global IT firm at many renowned companies.

Dr. Nandu Thondavadi, as a Vice President for Coleman Cable Systems, helped the firm to increase its productivity by many folds. He introduced new processes and technologies and implemented a specialized MRP system for production control. The MRP system was highly effective for scheduling, monitoring and controlling the production levels. His innovative ideas and technologies resulted in reduction in total production costs and increase in efficiency. Thondavadi also served as a Director of the Corporate Technology Center, Square D Company / Groupe Schneider and his leadership skills helped in increasing their profitability significantly. Improvement in product line profitability and elimination of unprofitable products are the outcomes of his intensive studies and analysis of advanced manufacturing tools and techniques.

He also held the position of a Clinical Professor of Operations Management at Northwestern Universitys Kellogg School of Management. He has earned six university degrees including his MBA from Kellogg School of Management. He was also awarded with the highest government scholarship called National Merit Scholarship for Study Abroad from the Indian Government to do Ph.D. in US. Dr. Nandu Thondavadi has served on boards for various globally-listed technology companies as well as charitable organizations and is also the author of much admired book, Offshore Outsourcing: A Path to New Efficiencies in IT and Business Processes. Dr. Thondavadi is also the founder of Global Technology Ventures and has been its President since 2008. For more details about Dr. Nandu Thondavadi, please visit www.zoloncorp.com.

Gross Domestic Product Not A Good Measure Of Economic Health

The percentage of growth in GDP is used, at times, to measure health of the economy. The United States GDP estimate has been downgraded recently to just a couple percentage points. News reports often cite the Gross Domestic Product to explain the health of the economy. Economic progress, however, is far too complicated for one number to measure. The GDP is simply outdated. Article source – Why GDP is not the best measure of economic growth by MoneyBlogNewz.
What you need to know about the Gross Domestic Product
The entire value of goods and services in a country is represented by the GDP. GDP began as a measurement of the standard of living in various countries, however it is used in several other ways. Finding the GDP takes a special formula. It calls for adding up government spending, exports, gross investment and private consumption. Congress was given a report of Gross Domestic Product in 1934 for the first time. Simon Kuznets put it together. Decisions were made by the Federal Reserve on this. That is what the GDP was good for.
The information measured by the GDP
The limitations of the Gross Domestic Product have been clear for a long time. The “real” Gross Domestic Product is released by the Bureau for Economic Analysis that adjusts the number. Without that adjustment, the GDP would always appear to be growing with the rate of inflation. The Consumer Price Index, which is a way of measuring the inflation or deflation of the cost of most household goods, also has no impact on the Gross Domestic Product. Even though the American has less income if households go up by 400 percent, the GDP will go up.
Comparing GDP with credit card
Since negative numbers aren’t taken into account, the Gross Domestic Product has the biggest problem with that. To translate the Gross Domestic Product in terms of a household budget, it would be as if you calculated the health of your household finances based on how much money you spent — both in cash and on your credit cards. There are several things left out. There is the possibility a mortgage payment won’t be made, the spending budget could be damaged and eventually the cards have to be paid. Measuring the economic growth of the United States — or any country — based solely on Gross Domestic Product is too simplistic to be accurate.
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Benefits Of A Business Economics Major

The Business Economics major is a great complement to another major or minor in business, political science, history, accounting or marketing. Economics not only studies economics research and economics financial systems, but also social issues like poverty, pollution, inflation, unemployment, recession and economic growth.

Top market economists are analytical problem solvers who are useful in almost every major industry. They study how the optimal amount of production can be achieved to meet society’s needs. They study market forces that shape financial decision making. They look at how politics affect the commerce marketplace. They look at data to forecast, analyze trends and apply their understanding to a whole range of public issues.

To get an undergrad degree in Business Economics, students attending an accredited economics university will need to take courses like macro economics, microeconomics, financial accounting and reporting, calculus, economics statistics, econometrics, money/banking/credit, business writing, the stock market, labor economics, monetary economics, international trade theory, law and economics, industrial organization, economics and business strategy, organizational psychology, formal organizations and politics and the economy. Students should have a good understanding of math, politics and business. People often choose this major because they want a good job, they want to make a lot of money, they want to be a manager or CPA, they want to have a secure job or they want to get into a good graduate school.

The common starting salary for economists is $38,000 for a bachelor’s degree, $48,000 for a master’s and $70,000 for a PhD, according to a 2002 National Association of Business Economics survey. Those with an economics major enjoy the highest median income compared to other majors, experts say. Economics research also suggests that economics majors earn 20% more than business administration majors, 19% more than accounting majors, 18% more than marketing majors and 15% more than finance majors. When a potential employer sees this major on a resume, he or she immediately understands that you have a solid foundation of math, politics, business and economic theory. Your degree also shows that you have the capacity to process complex subjects and it highlights your problem solving skills, which is valuable in any field.

Individuals with a degree in Business Economics have been recruited by employers like the California State Controller’s Office, Cerner Healthcare Information Technology, Coca-Cola, Consolidated Graphics, Deloitte Services LP, Edward Jones, Enterprise Rent-A-Car, Ernst & Young LLP, General Mills, Inc., Insight, JPMorgan Chase & Co., Liberty Mutual Insurance Group (MA), Medix Staffing Solutions, PetSmart, Raytheon, Sherwin-Williams, Travelers Insurance and Wells Fargo Financial. The economics field is expected to grow 7% by 2016, adding another 16,000 workers. People with bachelor’s degrees can get almost any entry-level job in business. Master’s degree holders generally compete for sales and management trainee positions. Those who hold PhD degrees often go on to teach or become top market analysts in their fields.

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Corporation Of A Red Bee

Jollibee has been among the many fast-food restaurants found in the Philippines that also became one of the biggest fast-food restaurant around the world. From the US and across South East Asian countries, Jollibee has become a mobile restaurant that serves not only the Filipinos expariates but also the foriegn communities that would enjoy a taste native to the Filipinos.

The Jollibee Food Corporation has really become one of the biggest corporation in the Philippines that boasts Filipino ingeniulity across the globe. But what made Jollibee so successful isn’t only because of the brand itself, but because of its expansions and acquisition of other rising fast-food restaurants in the Philippines. These restaurants are Greenwich Pizza (now Greenwich Pizza Corp.), Chowking (now Chowking Food Corp.), Red Ribbon Bakeshop, Dlifrance, and a more recent acquisition Manong Pepe’s.

The company acquired 80% of Greenwich Pizza Corp. in 1994, enabling it to penetrate the pizza-pasta market. From being a 50-branch operation, Greenwich has established a strong presence in the food service industry. In early 2006, Jollibee Foods Corporation bought out the remaining shares of its partners in Greenwich Pizza Corp., equivalent to a 20% stake, for P384 million in cash.

Jollibee acquired Chowking and Red Ribbon Bakery in 2000 and 2005 respectively. By aqcuiring Chowking and Red Ribbon Bakeshop, Jollibee has been allowed to be part of the Oriental quick service restaurant segment and in the cake and pastry industry.

In 2006, Jollibee Food Corporation acquired the franchise of Dlifrance. This further expanded its penetration in the food service industry, particularly in the French cafe-bakery, a growing segment of the Philippine food market. In September of 2006, the company acquired the remaining 50% stake of Delifrance Asia Ltd. in Baker Fresh Foods Phils., Inc. (BFFPI). This means BFFPI is now a wholly owned subsidiary of Jollibee and that the listed food giant has the exclusive rights to operate Delifrance outlets in the country.

The corporate actions in buying out the minority shareholders in Greenwich Pizza (20%) and Delifrance (50%) were the prelude to a plan to integrate the Greenwich Pizza, Chowking, and Delifrance brands under one corporate entity. Under this plan, merging of the subsidiaries would be implemented by having Greenwich Pizza Corp. and BFFPI folded into Chowking Food Corp.

Webinar Services The Key Growth Driver For Businesses In Asia Pacific Region

According to a recent survey report, the focus on Unified Communication has largely increased in Malaysia, Singapore and other Asia Pacific region in the last few years. The report submitted by research house Frost & Sullivan shows this rise on the backdrop of tremendous demands for video conferencing, data sharing, call control, web casting and other teleconferencing services by the business firms located in the region. It is estimated that the communication industry will grow at a Compound Annual Growth Rate of 9.2 per cent as against around 5 per cent now.

A large number of companies have emerged as the solution provider to the communication needs of the business organizations located in the region. Cisco is one such leading Unified communication solution provider that provides an ideal platform for merging audio, video and web conferencing through webcasting and webinar services.

A webcast is basically used to transfer live videos, presentation or any other things to a large number of people located in different parts of the world through streaming media technology. On the other hand webinar is a term derived by the combination of Web and seminar and is used for conducting seminar and presentation over long distances.

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A reputed company like Cisco Jabber provide all the three tools of UC solutions namely Instant Messaging, Collaboration and support for mobility at a reasonable cost. Host of features like file transfer, desktop sharing, desktop video sharing and power presentation has helped countries like Malaysia to grow into a global business hub. These services has cut the travel cost and has also saved a lot of precious time of the business executives. Moreover, it has helped countries like Singapore and Malaysia earn carbon credits which is at the forefront of their agendas.

The various features of conferencing services are largely availed by education and hi-tech industries and Banking and Financial Services Institutions (BFSI), for remote communication. Therefore, web conferencing services is expected to play a key role in the growth of these sectors. Thus, the benefits of webinar services are huge and the future of conferencing services looks very promising.

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