The Interview with Richard Liu Qiangdong
Richard Liu Qiangdong is the CEO of JD.com, and Liu recently did an interview with Weforum.org. This is a site that does interviews with entrepreneurs and innovators. In this interview, Liu spoke about how he rose to success and became on of the richest men in China.
How Liu Got His Start
Liu was raised by two hard-working parents who owned their own business. From his parents, Liu Qiangdong
was able to attain a good work ethic and an understanding of business. Liu went to college to study sociology, but he did not believe that he was going to have a good financial future in this field.
On the side, Liu studied computer programming. After graduating college, Liu embarked upon his first venture as a businessman. He invested his funds in a restaurant, but the restaurant was not successful. Liu did not let that stop him, he continued to try new business ideas until one worked out.
How JD.com Got Its Start
Liu Quiangdong decided to start a distributing business that met with much success. After a few years, Liu’s business was able to open 12 different stores throughout China. Unfortunately, there was a SARS outbreak in 2003 that threatened the livelihood of Liu’s business. In order to stop his stores from closing, Liu decided to start selling his products online. That idea was so successful that Liu was able to later expand to sell more items through his e-commerce shop. Read This Article for additional information.
Soon, Liu was able to close all of his stores, and sell all of the items online. That is how JD.com got its start. Liu had no idea that his idea to close down his stores would lead him to incredible success. Liu is now on his way to be one of the most successful businessmen in the world.
On April 30, 1949, Gregory James Aziz was born in London, Ontario in the country of Canada. Greg Aziz attended the nearby junior college, Riley College, before transferring to the University of Western in London, where he obtained a B.A. degree in economics. Shortly thereafter, Gregory J Aziz decided upon going to work at Affiliated Foods to help further the family’s business. Greg Aziz’s next job on his resume is a brief career in investment banking, whose length is no more than a few years.
Gregory James Aziz’s next job was at the National Steel Car Company, where he expertly first orchestrated its purchase and then its metamorphosis into one of the world’s most elite freight car manufacturer ever. Further evidence of Greg Aziz’s extraordinary leadership ability is the 13 consecutive TTX SECO awards the company won in 13 years while he was CEO of the National Steel Car Company. Furthermore, the National Steel Car Company expanded in size from a 600-employee company to a 3000 one with James Aziz as the CEO while at the same time increasing its capacity to produce freight cars from 3,500 cars a year in 1994 to 12,000 cars a year in 1999.
Gregory James Aziz is not only a great Chief Executive Officer but also an exceedingly philanthropic humanitarian, who enthusiastically supports a good number of local charitable organizations committed to improving communities and lives. Frequently, he would sponsor the works of the United Way to better lives by harnessing the caring power of communities with the goal of furthering the common good. See This Page for more information.
Gregory James Aziz has also frequently sponsored the good works of the Salvation Army, whose existential purpose is to help meet the human needs of those in need as best as they possibly are capable of. The Hamilton community from which Aziz rose in status as a result of his incredible transformation of the National Steel Car Company has benefited from his many philanthropic efforts as well in terms of the provision of gainful employment to its many residents and in the form of numerous organized food drives.
From the time Richard Liu Qiangdong ; founder and CEO of JD.com, started operating a small shop in the city that was selling electronics and other components to now when he is operating one of the largest e-commerce organization in China, he is fully aware that there a significant number of challenges that face the market. However, some of the challenges, such as SARS outbreak, could only affect brick and motor businesses while modern businesses have their own share of problems.
As a testament to Liu’s admirable business practices, he has received numerous national and international awards for his entrepreneurship, business influence, innovation, and leadership. AACSB.edu considered Richard Liu Quiangdong as one of the Most Influential Leaders.
Richard Liu notes that one of the challenges facing the modern fashion industry is the growing number of people in the middle income bracket. In as much as the number of people with huge income is beneficial to the company, there are other problems that these people bring to the company. One of the challenges is that they are very demanding and enforce their rules and regulations. Fashion organizations are no longer in charge of the industry but the middle class individuals decide what to be sold. See This Page for more information.
The second challenge that is affecting the online companies, especially those selling fashion products is that there only a few number of individuals who have adopted online platform as their buying places. As companies invest heavily on the e-commerce platform, the number of those individuals buying goods through these platforms is not increasing. People in the villages don’t buy their products through the e-commerce platforms because of trust issues. Some of them don’t even know about the e-commerce retail outlets due to low technical knowledge.
Richard Liu Qiangdong notes that the other challenge is that brick and motor retail outlets remain to influential shopping areas for a large number of individuals in the country. There are many people who always want to buy their products in the traditional shops where they can see and touch the products they are buying. There is always a perceive notion that brick and motor retail outlets are trusted than online retail outlets.
Lastly, Richard Liu notes that a large number of people have significantly changed their consumption habits to the extent that they are demanding customized products. This is making it hard for organizations to keep in touch with the changing consumption habits.
Source article: https://www.forbes.com/profile/liu-qiangdong/#711217232c0d
While schools and OJT can teach workers a lot of what they need to know, there is always more that people can learn. This is where professional organizations and societies come in handy. At the latest tally in 2010, there were more than 92,000 professional and trade associations in the United States.
Access to educational programs is among the benefits of joining such an organization. Networking opportunities and a chance to meet industry professionals is high on the list as well. These organizations can be of tremendous help and support for anyone just starting their career. It is also important to note that people can expand their knowledge and professional contacts quicker through associations than simply trying to gain the advantage on one’s own.
The American Institute of Architects is one such organization that can help architects and builders make critical connections. Robert Ivy is the CEO and Executive Vice President of AIA. An important thing to remember about associations is that members all share the same concerns and rules. Members can express themselves freely among like professionals. Connect with Robert Ivy by visiting his linkedin account.
The AIA’s headquarters is in Washington, DC. Today, the organization has over 90,000 members and 260 chapters around the globe. Robert Ivy and his organization make sure that architects have all the resources they need to offer the best services possible. AIA’s mission is to drive change in the world through the power of architectural design.
While architects make up as small number compared to other professions, their voices are still strong, and their work is creating big changes through sustainable design. Sustainable design is also known as environmental design. Robert Ivy encourages architects to embrace this practice when designing buildings and objects that adhere to principles that support economic, social, and ecological sustainability.
For many in the architectural industry, the AIA provides opportunities for career advancement. Robert Ivy has made his organization one that is known and respected around the world.
More about of Robert Ivy: https://archinect.com/robertivy
When it comes to your future career, what are the things that matter most to you? You probably want to work at a business where you feel appreciated. There are some of you that are only looking for good pay while you work towards a long-term goal. For Gregory James Aziz, it was important that he felt like he was leaving a positive mark on society. The work that he does is very personal for him. There is nothing he loves more than growing the business that he heads-up with his own two hands. It is truly a rewarding and humbling experience for him as he ushers his aged company into another decade.
While National Steel Car might be old, there is nothing antique about its service and goods. In fact, National Steel Car is one of the best manufacturers in the world for freight cars and railway rolling stock. Their methods are discussed all over the world and an example of how good business is to be conducted. It is truly a source of immense pride for Gregory James Aziz to know that his company has garnered so much attention over the years since the company was on the edge of bankruptcy when he acquired it in 1994.
Dofasco had good plans for National Steel Car, but unfortunately, those plans were never given the life they deserved. Dofasco had been growing their steel business for many years and their 1962 acquisition National Steel Car fell further and further down their list of things to do. When Greg Aziz came along wanting to purchase the rail car supply company Dofasco was more than willing to oblige his offer. Within months the sale was finalized, and Gregory Aziz was acting CEO. Change was on the horizon and no one was going to stop him from building that company into a great place to work and do business.
The company started turning heads almost immediately. There were people all the world that marveled at the miraculous turn around that they made. It is true that the company was not destitute or bankrupt as it often reported, but the company was not acting at their full potential. It is very clear that should it have continued along its path it may not have seen the 2000’s. Gregory James Aziz took his substantial knowledge about the inner workings of the business world and used that power for good. National Steel Car stands as a monument to his commitment. Read This Article for more information.
Robert Ivy, is the current Chief Executive Officer of the American Institute of Architects (AIA). Recently, he was awarded the Noel Polk Lifetime Achievement Award by the Mississippi Institute of Arts and Letters. He is an editor, author, and practicing architect.
The award to Robert Ivy by Mississippi Institute of Arts and Letters was the first time it was given to an architect. The institute recognizes art patrons and artists who have performed exemplary in their career. To this end, the organization recognizes rewards lifetime achievement in performing, creating and supporting art. Robert joined a club of distinguished Mississippians who have been honored for their work including Eudoro Welty, Morgan Freeman, Walter Anderson, Leontyne Price, and Shelby Foote. Find out more about Robert on Tulane School of Architecture.
Before 2011 when he joined AIA, Mr. Ivy was the Editor-in-Chief of McGraw-Hill’s Architectural Record. Under Robert, the Architectural Records became one of the largest architectural journal globally. As a result, the company garnered several awards such as the National Magazine Award for General Excellence. He also helped the company build a subsidiary in China. The company experienced a phenomenal growth in the Middle East and China.
Other awards that Robert Ivy has received include the Crain Award in 2009 which is the highest recognition by the American Business Media. In 1998, the McGraw Hill awarded him the Management Excellence Award in 1998. He was also a senior fellow at the Design Futures Council.
Robert Ivy, attended Sewenee: The University of the South earning a Bachelor of Arts degree. He then attended Tulane University receiving a Master of Architecture. Before becoming an architect, Robert Ivy served in the US Navy.
The American Institute of Architects was established in 1857 with the aim of creating a more valuable, sustainable, and secure buildings, communities, and neighborhoods. The organization has more than 200 state, international, and local chapters. It advocates for development of favorable public policies which promote public wellbeing and economic vitality,
All the members of the organization must adhere to the code of conduct and ethics so as to ensure the highest standard in their professional work. It also provides the members with the resources and tools they need in their business and careers. To ensure that it is successful, the organization engages government and civic leaders to find solutions to various issues that face institutions, communities, and the world.
National Steel Car is a popular company in North America because of its activities of producing railroad freight cars. The company is popular than others in the same industry because it has superior products which clients resonate with. This company is setting the bar very high for others to reach. The company is working on the best designs and trying various innovative ways of doing things so that the industry can grow. The company is working on various modalities of introducing the best technology in the rail sector, a company in the 21st century cannot survive without taking care of the latest technologies. Only a company that is ready to embrace technology can grow in the right manner.
Apart from being known as the biggest producer or rail products, the company has received recognition from other organizations. In 2015, it received the ISO certification on top of the numerous TTX SECO awards that the company has won in recent years. For over 13 years, NSC has won this award because of the high-quality product that it makes. In terms of excellence in engineering and manufacturing, this company has set the standards high. It has proved that through proper engineering planning, it is possible to create a company that can maintain an excellent reputation for a long time. National Steel Car has been around for the past over 100 years. It was first created in 1912 as a factory meant to supply rail products that were in high demand at the time. The founders realized that the company was making excellent profits and decided to pump more money into the idea. Read This Article for related information.
Before Greg Aziz purchased the NSC, he was in the banking industry. As an economist with a degree from the University of Western Ontario, he was learned and knowledgeable on matters of investment management. He took advantage of the opportunities that were available and invested in them. The opportunity to buy the National Steel Car from Dofasco came when he was in the banking industry.
of his first company. The growth that has taken place since then in this company is significant. He has transformed it in a manner that remains impressive. A company that was thought to be dead is now doing better than other. It is good to point out that the leadership of Gregory J. Aziz has been the difference that this company needed.
View Source: https://www.steelcar.com/Greg-Aziz-welcome
Gregory Aziz may be one of the most ingenious as well as one of the most ambitious businessmen in freight car manufacturing. He just so happens to be the CEO and president of National Steel Car. This particular company specializes in manufacturing and engineering freight and tank cars. These types of transport vehicles are built rock-solid, and they are much more innovative than freight cars of the past. Aziz took over the 100-year-old company in 1994. Previously owned by Dofasco, National Steel Car was once a top mode of freight car engineering. As time passed, Dofasco couldn’t keep up with the competition and would soon become a relic by the early ’90s.
Gregory James Aziz comes from a family of Polish decent. Gregory J Aziz has spent a considerable amount of time residing in Ontario, Canada. The Aziz family was business-minded as they owned a wholesale food business. This business was known as Affiliate Foods, and it was a global importer of fresh food products. During this point in time, Aziz was studying at college. This is where he pretty much learned about economics as this was his primary major. After returning home, he would help with the operations at his family’s wholesale business. The business would experience extreme growth between 1971 – 1988. Being such a major importer of goods, Affiliate Foods had a distributive network that extended all the way through the United States as well as extended through Eastern Canada.
James Aziz would take his talents to New York City, and he would find success in the field of investment banking. Thanks to making great business moves, he would begin to earn a considerable amount of money. This money would come in handy years later as he would purchase National Steel Car from its previous owner.
Gregory J. Aziz had taken over North America’s only railroad freight car manufacturing plant. The company had nearly 600 employees in the beginning, but it would grow to well-over 3,000 employees before the new millennium. As of today, National Steel Car is one of the most recognizable freight car engineering companies in the world. Read This Article for additional information.
For more than 100 years, National Steel Car has been one of the top three manufacturers of rolling stock in Canada. If you’re wondering what rolling stock is, that’s the industry term for train cars.
The company was founded in 1912 by one of Canada’s most distinguished figures — Sir John Morison Gibson, a polymath who was a lawyer, musician, politician, soldier and former Lt. Governor of Ontario.
Only one other man associated with the venerable National Steel Company can be said to be on par with the great Sir John Gibson. That man is the current CEO of National Steel Car, Gregory James Aziz.
Greg Aziz organized a buyout of the Canadian train car maker in 1994. Under the direction of Mr. Aziz, the company was transformed into something far more spectacular than it was before and in a remarkably short period of time.
Consider than when James Aziz bought the company, National Steel Car was rolling out about 3,500 train cars per year. Just five years later, it was producing an astounding 12,000 car. The company went from 600 employees to more than 3,000 in the same time period.
And that’s only a fraction of the story. Under the helm of James Aziz (as he is sometimes called), National Steel Car became the only ISO 9001:2008 certified engineering operation in Canada. It has maintained that lofty status for 18 years. Today the National Steel Car reputation for innovation and producing safe, modern and high-tech rolling stock is unequaled across North America.
Greg J. Aziz didn’t start out in the engineering and heavy equipment business. Born in London, Ontario, in 1949, he studied economics at the University of Western Ontario. After university he joined his family wholesale food business, Affiliated Foods. At the time, Affiliated Foods was a small, local family-run operation. Greg Aziz transformed the business in a national-wide company with international reach.
After a stint working in the rough-and-tumble banking industry in New York, Mr. Aziz leveraged his enhanced knowledge of finance to purchase National Steel Car in 1994 from Dofasco. The rest, as they say, is history.
Greg Aziz makes his home in Hamilton, Ontario, where he takes great pride in being an active member of the community. He puts great energy into philanthropic projects and charitable efforts that make Hamilton a better place to live for all citizens.
Read This Article for more information.
Waiakea offers some of the healthiest in water products. However, this is not the only way that it is unique from the other companies. Water companies tend to just offer water. Even the better water companies only offer higher quality water. They tend to stop it there with no consideration for other aspects of the product. However, Waiakea takes it a step beyond all of the other companies. While they do offer sustainable products, they also make sure that they are providing them in the type of containers that are great for the environment. Therefore, people are going to be able to better enjoy high quality water while making sure that they are protecting the environment.
Waikea has looked into the different problems that have been caused by plastic bottles. One of the factors that they have seen is that the plastic is made in a way that makes it last more than a thousand years. Therefore, they have looked into ways to make plastic more biodegradable. They have looked into a process of creation that has made the plastic easier to dissolve by the elements. This makes it an easier thing to take care of in the environment.
One of the issues that the environment has with plastic is that when it gets discarded, it causes a lot of problems with some of the animals especially if they get stuck in it. With biodegradable plastic, the bottle could dissolve a little more quickly. This dedication to the environment is one of the best aspects of Waiakea to customers. More customers are going to be aware of all of the efforts that Waiakea is putting forth in order to make sure that the environment is taken care of for people and animals. At the same time, they are providing some of the best tasting and most beneficial forms of water to people.