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  • What Are Business Models and How Are They Built

    What Are Business Models and How Are They Built

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    In my experience, the model is like this: the foundation, the “heart” of the business. This is where all the essential components of the business – money, people, technology, data, and so on – come together and are held together by relationships between people. In this sense, the business is a complex system, and a business model is its “mind.” If you can understand the business model, you can understand the business – it’s the “who,” “what,” “when,” “why,” “how,” and “why not” of the business.

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  • Togo West Africa Are We Making a Difference

    Togo West Africa Are We Making a Difference

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    The world is changing. So does the world’s largest sub-Saharan nation, Togo. With more than a quarter of its population still under the age of 20, its youth are eager to make a difference. From a country where many rely on subsistence farming to survive to where a young population is expected to take on more and more jobs in the coming years, the country is making strides in a global context that is challenging Africa. Innovation and investment have helped to boost Togo’s economy by an average of 2.

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    Togo is one of the most impoverished and overlooked African nations. Togo is an autonomous state that is often overshadowed by the bigger, more populous African nations. However, Togo’s progress has been marked, and I am proud to be a part of it. The small West African country, Togo, has a long history of producing significant innovations in technology, science, and research. In 1996, I led a team from my local university to Togo to collaborate with local innovators on a project that eventually became

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    Togo is a small West African country, situated in the Gulf of Guinea, south of Benin. It’s landlocked and borders Burkina Faso, Ghana, Guinea, Guinea-Bissau, and Nigeria. Togo has over 9 million people, a high literacy rate of 98%, and 80% live on less than $2 a day. Education, Health, and Agriculture: The government of Togo has made impressive strides in education. Its national literacy rate has climbed from

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    I am Togo’s former governor. 10 years in office. I was proud to have a government that had been successful and stable. The Togo we know today is due to the implementation of my policy initiatives. I am proud of what we have achieved, and not just in the area of governance. In all the other sectors. For instance, in the education sector, Togo ranks 46 out of 54 in the UN’s Education Sustainable Development Index. In 1990, when I started my

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    In Togo West Africa, our country’s development plan, we call it “Vision 2025”, targets a 7% annual economic growth rate, 55% of the population living on less than US $ 2 a day. We know what’s involved in achieving this; it requires infrastructure, health, education, agriculture, transportation, information and communication technologies (ICTs), among others. We’ve made progress in infrastructure, health and education. The recent construction of a new motorway connects Lome

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    Togo, West Africa, is a tiny but remarkable country that never fails to amaze visitors from around the world. Known for its tranquil countryside, bustling cities, and traditional customs, Togo is a place where one can get a glimpse of real Africa, not just another place with a few tourist attractions. The history of Togo dates back over a thousand years to the days of the Fon kingdom. The modern country became independent in 1958 and has since been rocked by coups, a civil

  • Honeywell and the Great Recession The Economic Recovery B

    Honeywell and the Great Recession The Economic Recovery B

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    In 2008, Honeywell faced a tremendous financial challenge. The company’s earnings declined by 16.4%, its net sales reduced by 9.7%, and its net income decreased by 27.8%. In this essay, I will discuss the company’s economic recovery b, its revenue, cash flows, and strategies implemented in order to restore the company’s financial stability. The company faced a lot of economic problems during 2008 and 2009, with

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    In 2008, the global economic crisis struck like a thunderbolt that shook the world to its core. This led to an immediate increase in unemployment, reduced consumer confidence, and an overall depression. While most organizations had suffered drastically, a notable one was Honeywell, a global leader in aviation and industrial automation products. With revenues of $5.3 billion in 2007, it has since grown to become a $30 billion organization. In 2009, the company underwent a prof

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    Honeywell, an iconic company in the United States, is an example of the economy’s shock waves from the Great Recession. The recession began in December 2007, and it caused a significant impact on the company’s bottom line. In this case study, I will share the events, consequences, and impacts that happened to Honeywell during the Great Recession. The following is a chronological account of the events leading to the impact of the Great Recession on Honeywell. The Great Recession began on December 2

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    In 2008, many major companies were hit by the great recession that lasted for a couple of years. The recession caused severe problems for many people’s income and personal lives. Among these companies were Honeywell, a multinational conglomerate that specializes in the manufacturing and maintenance of industrial products. In 2008, their stocks were plummeting, causing their share price to fall by 50%, and their profits to decline dramatically, with their earnings falling from $5.8

  • CIBC Mellon Managing a Cross Border Joint Venture

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    Thinking Strategically About Communication

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  • Texas Instruments Cost of Quality A

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  • ClearEyes Cataracts Clinic 2016

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    In 2017, I gave a talk in which I talked about divesting the University of Albertas Endowment. Here are some of the points that I made in that talk. this link First, let’s discuss the question: “Is Divestment the Answer to Climate Change?” (from the endowment’s annual report). The answer is “No.” In fact, divestment is incompatible with investing in fossil fuels. Second, the question: “How Can We Help to Make Divestment Effective?”

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    “The University of Alberta has a sizeable endowment that could be sold and returned to the public. This would be in keeping with our philosophy that public money should only be used to support public education. The university’s endowment is around $1 billion and currently produces a revenue stream of $273 million. To be clear, this is a substantial figure, as compared to the total operating budget of $1.1 billion. However, the endowment income alone makes up less than 10 percent of the budget. The current

    VRIO Analysis

    In December 2021, the board of trustees of the University of Alberta announced plans to sell 10% of the university’s endowment as part of an overall plan to increase the university’s “value”, based on the theory of “value creation”. I believe the proposed sale to be a strategic mistake, because it ignores the university’s true value, which is much larger and far more complex than what is being proposed. First, the purpose of endowments is not to simply hold assets and generate wealth over time, as

    Financial Analysis

    This report is meant to serve as a guide for the University of Alberta’s (UAlbert) Board of Governors (BOG) to make informed decisions about divesting or selling its endowment, which is one of the largest endowments in Canada. In August 2021, the UAlbert board approved a $1 billion capital investment, which is projected to cost $178 million over ten years. While this is an investment in the university’s future, it is also a significant financial decision with

    Porters Five Forces Analysis

    “Sustainable investments are the way of the future.” I was speaking as part of a conference panel session that was discussing sustainable finance. “What is sustainable investment? It is investment that is aligned with social, environmental and governance criteria,” I said, to the applause of a full room. Sustainability is a marketing buzzword of the day. And to a certain extent, it has become a fact that you cannot escape. There are many definitions but the general idea is, investment that does not cause

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    The University of Alberta is one of Canada’s oldest and most renowned institutions. The endowment of the university amounts to close to two billion dollars, and, while it might seem like a sizeable sum, it doesn’t necessarily give the impression of “exceedingly” large. The question before the University is whether to divest from fossil fuels, or continue to finance them in perpetuity. In this case study, I describe the motivations, policies, and consequences that led to the decision to divest, and offer a proposal on