Stream Energy, based in Dallas, Texas, is an example of a company that is taking customer care to a different level. The company was established in the early 2000s by two visionary men who wanted to provide affordable energy to the community. Because of the cheap and reliable energy that they market, the company gained a lot of customers. They also branched out their services to provide not just energy, but also wireless connections and other related products. The company saw an opportunity to expand after they have been granted permission by the state of Texas to operate outside its borders. The company quickly engaged in a partnership with other businesses especially in the northeast, where affordable energy is in demand. The company was able to set foot on New England and started to service the states one after another, with Delaware becoming their most recent client. Stream Energy continues to expand and provide affordable energy to people who could no longer pay their previous surging bills. They look into Stream Energy as a reliable alternative, and their efficiency in operations allowed them to gain more customers than they could ever imagine.
Stream Energy also launched Stream Cares recently, to go with their passion of providing world-class services to the people. Stream Cares was established in 2017, as their answer to the growing calls for help from many people who were affected by Hurricane Harvey. The destruction caused by the hurricane was apocalyptic, and the damages were estimated to reach up to $120 billion or more. People who survived were taken to evacuation shelters, where they were given first aid, food, and water. To help the survivors, Stream Energy stepped up and provided money to the American Red Cross, ordering them to use it to buy supplies.
Stream Energy, through Stream Cares, showed the people of Texas how a company like them would mobilize their departments to make sure that the people are being taken care of. The company is grateful that the people of Texas have supported them through the years, allowing them to expand their operations. The management says that it is the time for them to give back.
December 2018, L’Oréal was part of the corporate world celebrating the memorable ethics day. According to the management of this company, the day means a lot especially because it is in line with their blueprint. The 2018 event had four major principles that included transparency in their operations, integrity, courage and more importantly respect to all stakeholders.
The four principles surprisingly have been part of the company and last year’s event was a chance for the company to ratify the four ethical principles to their operational guidelines. Thanks to visionary input by professionals such as Nicolas Krafft, the ratification of the four principles will be instrumental in the next phase of the company especially in making responsible innovation a reality.
In addition to ratifying the four principles, the company, through its leadership has involved its employees in these activities over the years. Nicolas Krafft, for example, believes that making the day open to employees is one-step to achieving a successful day. L’Oréal has illustrated its commitment to achieving an ethical working environment over the years.
Since it is an international company with employees across the world, using technology to collect views and suggestions, have been the company’s most significant achievement in realizing an ethical and productive company. Nicolas Krafft has been instrumental in bringing employees on board to share their views and aspirations. This approach has given the company a holistic approach, which pundits believes, is the future of ethics day.
University of St. Gallen graduate is one of the professionals that believe in an inclusive approach to management. In the last few years, he has been instrumental in helping the company achieve a rich cultural company in terms of ethics. Nicolas Krafft firmly believes that it is through a strong culture of ethics that a company can deliver both financial successes and expand the discourse on human rights in places of work.
Through these processes and approaches, the company has been a recipient of some of the best awards in the world of corporate ethics. Ethisphere Institute, for example, has declared this company as the future of corporate ethics due to the company’s impressive approach to ethics.
In Gareth Henry’s exceedingly successful 20-year career of employment in the alternative asset investment industry, he has worked for alternative asset managers, such as the Fortress Investment Group and Angelo Gordon, and has literally seen it all, from the 2008 financial crisis to hedge funds’ fall in popularity and then to it subsequent rise to even greater height. Because of the fact that hedge funds were imputed much fault for having given rise to the financial crisis of 2008, its popularity fell dramatically.
But appetite for hedge funds has been growing steadily since 2009 as Gareth Henry noted while he served the Fortress Investment Group as its Head of Investor Relations. As misconceptions as to hedge funds’ role in occasioning the 2008 financial crisis dissolved, hedge funds assets increased in value by 28 percent, rising from $1.15 to $1.48 trillion in the years of 2009-2012. As the valuation of hedge funds assets increased, investor confidence in hedge funds soared and hedge funds assets rose by 26 percent in the period between 2013-2016, from $1.88 to $2.37 trillion. In 2017, the valuation of hedge funds assets saw another substantial increase, raising their valuation to a staggering $2.91 trillion. Read more about Gareth Henry at EverybodyWiki
Gareth Henry notes that today, there are 120 percent more hedge funds for an investor to choose from. In fact, there are presently well over 11,000 hedge funds for an investor to invest in, while in 2004 there were only 5,000. What this often means for the average investor, who desire to diversify their portfolio or add alpha to it, is that professional counsel is necessary in terms of good hedge fund selection. If this is the case, investors may seek out Gareth Henry’s counsel as he has established a firm of his own, which provides this particular service, among many others.
Given the trade war with China and possible interest rate hike by the Feds, there are no signs that hedge funds’ popularity will wane any time soon. In fact, investor allocation of assets into hedge funds have been at its highest level in 3 years. Investors allocation of assets into hedge funds, this year, has amounted to 28 percent of their total assets, a 16 percent jump from the previous year. Hedge funds, now ranks no. 2 among the top alternative asset investment products, behind only stocks by 1 percent.