National policy objectives of a country and their political commitment towards IP development are some of the factors that determine the benefits of intellectual property. On tackling IP risks as a result of globalization, Professor Kamil Idris says that IP training and the development of human capacity should be the pivot and given most attention.
China will be heavily affected following president Trump’s latest stand on new tariffs. The US president stated that his decision was as a result of China’s unjust acquisition of U.S technology. The United States Trade Representative’s 2017 report indicated that America spent between $225 million and $600 billion due to theft of U.S IP by China. President Trump declared that the tariffs would be imposed from China, totalling $50 billion. This will be a punishment to China for stealing U.S intellectual property. Professor Kamil Idris feels that Trump seems to be keeping his promise of imposing a 25% tariff on imports of steel and 10% tariff on imports of aluminum. By not including Mexico and Canada in these tariffs, the president is extending for reconciliation between the said countries. Professor Kamil Idris thinks that Trump may have started a global war as America’s trading allies, economists, some Republican lawmakers, and stakeholders in business criticized the move.
Professor Kamil Idris is of the opinion that president Trump is using section 301 of the constitution as a tool to protect the United States IP. By the power vested in him by the constitution, the president can influence and approve trade sanctions. The same power allows him to sanction any other country that he thinks is not doing enough to issue sufficient protection for intellectual property rights.
To ensure that all WIPO member countries have a say in providing solutions for issues related to intellectual property, Professor Kamil affirmed that WIPO is dedicated to multilateralism and all stakeholders are guaranteed inclusive dialogue.
From hs childhood in Montreal Canada, it was clear that Louis Chenevert would be something in life. His passion for business especially on the production line, would finally enable him become an accomplished production manager at General Motors, advisor of Goldman Sachs Canada, United Technologies’ CEO, and unprecedented Aerospace Production Manager at Pratt & Whitney. The story of this Canadian businessman is worth reading. Everywhere Louis Chenevert went flourished. He could come in a company and within a short span; Louis Chenevert could streamline the production sector to hit targets that would never be attained otherwise.
Louis Chenevert was born in Montreal, Canada. He graduated with a Degree in Production Management from the HEC Montreal School, a faculty at the University of Montreal. He knew that the skilled he garnered at school would help him ensure that goods and products are produced at a fast speed without compromising on the quality of the product. This would be seen later when a friend of his, Hachey introduced Louis Chenevert to GM’s St. Therese, Quebec branch.
Hachey is a good man. He was quick to see Louis’ potential. For this reason, Hachey ensured that every time he moved up the managerial position, he moved along with Louis. This is how Louis Chenevert landed in the St. Therese GM motor vehicle assembly line. When Louis got into the production line, producing a new vehicle would take several minutes. He chanced all this. During his 14 year-tenure at St. Therese GM Assembly Line, Louis’ department would produce a new and fault-free vehicle every minute! But there would come a time he’d move from the motor vehicle industry.
The two guys moved from General Motors to producing aircraft engines. Hachey went to Bombardier Aerospace where he rose from junior ranks between 2008, when he joined the company and 2014 when he assumed the seat of the President and the Chief Operating Officer.
As for Louis Chenevert, he also made a move to the aerospace sector. For him, he landed at Pratt & Whitney Canada. Of course this was with the help of another long-term friend at GM Canada. While Louis Chenevert joined PWC in 1993, his other friend Karl Krapek was president of United Technologies Corporation. While at PWC, Louis Chenevert helped the airliner producer to cut the amount of time of producing new engines from 24 months to 9 months. This was a great achievement.
Tony Petrello is the CEO of Nabors Industries. It is an oil and gas drilling firm located in Texas. It is one of the biggest forms in the world with a presence in 25 countries. The face behind the growth of the company is tony Petrello who has an inspiring story of coming from a humble background to becoming a top executive in the United States. He was born in Newark, NJ from a humble family that could not even afford to give him the best education but he still managed to work hard and reached his goals. His rise to a top corporate member has been a combination of natural talent, creative thinking, and hard work. He is not the type of person who will lag behind others; he leads from the front. He is a great problem solver who believes that there a solution for everything as long as there is willingness.
Tony Petrello has been through turns and twists in his life. Before he succeeded as the CEO of Nabors Industries he had to prove that indeed he was extraordinary. In fact, he was given n a position of COO at Nabors although he has never been to a business class. His dedication to success and ability to solve problems are some of the characters which attracted the attention of Nabors Industries Management. In his dedication and commitment to his job has also led to success in his job as an executive.
Since he joined Nabors Industries as COO, he has worked for the greater good of the company. He has made sure that everything he is working towards is meant to assist Nabors industries to become a top company in the world. His efforts while working for Nabors are the reasons we see the company performing very well to date. Tony Petrello has made decisions which have raised the bar of management in the company; he has made great strides in the industry by ensuring that Nabors is recognized as the leading drilling firm in the world. The firm has been applying the latest technology to create the best drilling rigs.
Tony Petrello has not only been making a difference in the business industry; he is also into philanthropy, he is assisting people who are going through challenges feel better by offering support. He has participated in the rescue missions in Houston after Hurricane Harvey left mass destruction of property in the area.