Hussain Sajwani is the founding father and the CEO of DAMAC Properties. He was born in Sharjah which is in the United Arabs Emirates. He took an Engineering and Economic course at the University of Washington after he got a government scholarship to go study in the US. He later started his career in 1981 where he was working in the department of finance at Abu Dhabi Gas Industries.
He would later quit his job and invest in the hotel industry where he started a catering venture. He eventually became a renowned entrepreneur with a lot of interest in real estate and catering industries. In the year 2002, he started DAMAC properties that have managed to be the biggest properties development company within Middle East. Under the leadership of Hussain Sajwani, his small catering business which was located in Dubai eventually became an international venture attracting customers such as the US military and Bechtel which is a US Construction company.
DAMAC owner first major venture was known as the Global Logistics Services. This company was contracted to supply food to the US forces in areas such as the Afghanistan, Kuwait, and Qatar. The firm would later diversify by establishing small hotels with outlets all over the Middle East and Africa where it was serving more than 150000 meals per day. DAMAC owner interest in business did not stop there as he went ahead to start massive investments in the real estate by buying land in areas which were underdeveloped.
Majority of these areas were unattractive to the majority of the investors at that time. What made DAMAC owner unique was his ability to see opportunities in areas where no one else would see. This was possible due to his knowledge in economics which enabled him to make long-term projections and predictions in the world of business.
In the course of time, the areas in many parts of Dubai which were unattractive to many investors gained growth momentum and started attracting investors from all over the world. This was also made possible by the government of Dubai after it allowed foreigners to own properties in the country. This led to the birth of DAMAC Properties and since then the firm has carved its way into becoming one of the biggest real estate company in the United Arabs Emirates.
Steve Ritchie has wasted no time in driving efforts and implementing initiatives in his endeavor to rebrand Papa John’s as a more diversified and supportive company for its employees, franchises and customers.
Steve Ritchie became Chief Executive Officer, January 1, 2018 and has been working hard in turning the company around by actively listening to their customers as well as engaging their employees and franchise owners in developing actions to fix what was broken within the organization.
In Papa John’s most recent campaign, “You expected better from Papa John’s. So did we,” they made a point to acknowledge customers disappointment and to let their customers know they were working hard to make things right in an effort to bring them back. At the same time, Steve Ritchie also reached out to its employees and franchises defining the steps the company was taking as to focus on promoting diversification, equity and inclusion, and that this effort was a top priority in creating a new foundation of which Papa John’s can proudly stand on in moving the company forward.
Steve Ritchie recognizes that its people and customers come from all walks of life and the company should embrace that diversity, celebrate it and use its power to become a more supportive institution and acknowledging what Ritchie calls the company’s most important ingredient, its people.
Some of the commitments that Papa Johns and Steve Ritchie has made includes creating a more inclusive franchise development program, focusing on minorities and establishing a foundation that will center on efforts to support local communities. The company has also reached out to Bank of America and Lazard Ltd for guidance on operations and is working with Endeavor Global Marketing in creating more dynamic marketing and advertising campaigns.
2017 was one of the worst performances in the company’s history and Papa John’s is aggressively working to change course by winning back customers they have lost as well as creating a more equitable and opportunistic environment for their employees. Papa John’s is holding itself accountable for past transgressions and is vigorously working to take the company in an entirely new direction.
Louis Chenevert is a prominent Canadian businessman who has achieved a lot in his career. He started off as a junior officer and grew through the ranks to hold the highest offices in the organizations he worked. Born in 1958, Chenevert grew in Montreal, Quebec, where during his childhood years he showed much interest in entrepreneurship. This made him work hard in school and he eventually joined the HEC Montreal Business School, an affiliate of the University of Montreal where he did Production Management.
Further, after his studies, Louis Chenevert was employed by Guy Hachey at the General Motors that was based in St. Therese, Quebec. He would then be promoted to be in charge of the company which saw him become Hachey’s executive officer. Furthermore, Chenevert spent 14 years at the General Motors Plant before exiting as he felt he wanted a career change in the aerospace industry. Again, it was another colleague by the name Karl Krapek who was later appointed as the UTC’S president and CEO that advised Chenevert to switch careers in the aerospace industry.
Louis Chenevert joined the Pratt & Whitney PWC in 1993, which was an engine manufacturing company for aircraft. In 1996, Chenevert left the PWC after he was appointed to head the P&W as the executive president in the operations department. The businessman was again elected as the president of the company in 1999 where he was involved in its improvement and profitability. Also, April 2008 saw Chenevert appointed as the president and CEO of the UTC after the retirement of George David.
About Louis Chenevert’s Leadership at the UTC
Louis Chenevert employed the same leadership skills he had used in his previous organizations to govern the UTC. He helped the company survive during a time that many of the organizations were cutting costs and downsizing due to the economic recession. Chenevert realized that his counterparts in the business would compromise on their quality as they were relocating to countries that would have cheaper labor where he took the necessary measures to save UTC. Additionally, he did this by directing the company’s production to the United States and by placing the engineers to a centralized place, hence maintaining the product’s quality.