Roberto Santiago the Owner of Manaira Shopping Mall

It takes more than a good business idea to venture into a successful business. That is why successful entrepreneurs always think ahead. Even when they stray from the ideal roadmap, they always know what they want to accomplish in the end. This description fits the life of Roberto Santiago, a serial entrepreneur who owns two modern shopping malls in Brazil.


Personal Profile


Roberto Santiago was born in Joao Pessoa. That is where he grew as well. Like any other toddler whose dreams and aspirations are founded in the corners of a study hall, Roberto Santiago attended Pio X Marist College for higher education. In that institution, he was able to attain managerial skills. At a later time, he joined the University Centre of Joao Pessoa for an undergraduate course in business administration. Perhaps, he was able to obtain people skills while undertaking this specific undergraduate course.




Roberto Santiago worked at Café Santa Maria after college. He dedicated time and effort in service delivery. That is how he managed to garner extensive experience in business management. He was also able to earn some money which enabled him to venture into a new business. From Café Santa Maria, he started a Cartonnage Company. The company manufactured cartons in addition to decorative items. After manufacturing, Roberto Santiago would rally his employees to supply the items to consumers.




Seeing that the cartonnage company yielded substantial revenue, Roberto Santiago decided to venture into real estate. That was in 1987. Luckily enough, he was successful. He bought land and invested in what would later be termed as a one-stop shopping mall. Manaira Shopping Mall was established in two years. The project was Roberto’s idea of providing the people of Joao Pessoa with a facility that would cater for their needs in a wholesome manner.


Manaira Shopping Mall


On 29th November 1989, Manaira Shopping Mall was opened. It has 98 stores. The stores comprise of entertainment units, financial services units, an education center, food courts and restaurants, a gaming area and a hall known as the Domus Hall. The Domus Hall was launched in 2009. It is situated on the rooftop of the mall. The Domus Hall is air-conditioned. It has enough space to accommodate 10,000 people. Since it is a two-story structure, two different events can be hosted on the same floor.


Some of the entertainment options available in Manaira Shopping Mall include a movie theatre, a bowling alley and an equipped amusement park that has state-of-the-art machines.


The Expansion of Manaira Mall


Manaira was first enlarged in 1993.The second expansion occurred in 1997. The food court was revamped in the third expansion that occurred in 2007. Presently, it provides meals that fit every client’s budget.


Additional Information


Behind the one-stop-shopping mall is a successful entrepreneur, Roberto Santiago. He is one entrepreneur who never rested on his laurels. He invented one of Brazil’s largest and best malls.


Jeremy Goldstein and Incentive Plans

Incentive plans and bonuses seem like an extremely easy thing to wrap your head around. If the company does well, you get more money in your paycheck. If the company is suffering, then you get less money in your bonus check. While it may seem simple, many companies have started to determine that performance-based bonus plans like this might not be the best thing for the long-term success of the company. They have called in experts like Jeremy L. Goldstein and his firm, Jeremy L. Goldstein & Associates, to determine the best course of action going forward.

While it is true that employee satisfaction and productivity in the short-term rises as a result of these bonus plans, there is very little evidence that these plans help companies in the long term. Skeptics would argue that, due to the nature of the plans, which focus on past-based metrics like earnings per share and net income for the prior period, that employees only have an incentive to increase their efforts in the current year, and they start to let goals for future years fall by the wayside. Learn more:

There are also arguments that executives will stop spending, which all companies need to grow, in order to increase the bottom line for the year. They might also decide to increase spending all in one year so that only one year is affected by these projects and expenditures instead of spreading them out over several years. This can also create cash flow problems for the company and result in large amounts of debt coming due at the same time in the future. Either way, executives have the ability to sacrifice the future of the company for their bonuses.

Jeremy Goldstein has worked with several Fortune 500 companies to get through debates just like this, and his firm has worked with companies going through major transitions in their compensation plans and corporate structure. Goldstein’s suggestion is that compensation committees start to scrutinize exactly what their executives are doing. If there is a large decision being made about expenditures, the committee should determine if that decision was made to help the company or to help the executive increase his or her bonus.

Goldstein has also suggested that these plans add in metrics that take into account profitability over the long-term instead of just the prior year or quarter. He suggested that they focus on actual-to-forecast metrics and whether or not the company is meeting its long-term goals rather than just its short-term numbers. In this way, Goldstein has created a scenario in which everyone wins.

Betsy Devos – on topic article

U.S. Secretary of Education Betsy DeVos is known in Michigan as a tenacious advocate for charter schools and parent choice in education. A former chair of Michigan’s state Republican Party, DeVos is known as personable, down-to-earth, and a tireless advocate for the goals she selects.


DeVos arrived in Washington, D.C. in February, 2017, with little experience in the Federal government and limited experience with President Donald Trump. Early in her tenure, a national controversy over an Obama Administration policy enforcing transgender student access to school bathrooms launched a behind-the-scenes difference in approach between DeVos and U.S. Attorney General Jeff Sessions.


Although privately, DeVos did not support rescinding the Obama Administration’s rule enforcing local districts to make bathrooms available for transgender students based on their stated gender identity, publically, DeVos supported the Trump Administration’s position. Her approach indicated she is a savvy “team player,” meeting privately with LGBT Education Department employees to discuss the policy change, and publically supporting the Trump Administration.


Rather than seeking to eliminate public schools, DeVos has worked for more than 25 years to provide alternatives, including charter schools and school choice initiatives such as vouchers. She is the founder of the Great Lakes Education Project, which led Detroit to have the largest number of charter schools in the nation.


In a 2017 interview with MLive, DeVos told reporters that she and her husband Dick, who contributed over $11.6 million to charity in 2015, were dedicated to educational causes because the U.S. educational system was failing to help students achieve “the American dream.”


Forbes reported that the extended DeVos family, which includes Betsy’s husband Dick, the son of Amway founder Richard DeVos, has donated over $1.33 billion over their collective charitable lifetimes. The family’s 2015 giving placed them #24 on Forbes’ “Top Givers” list.


Betsy DeVos wants to seek solutions to a “one size fits all” educational system. A major barrier in the system that she perceives is the ZIP code problem. With students assigned to a public school based only on their ZIP code, their parents have no choice but to send their child to a local public school.


With experience supporting private schools including the Potter’s House in Grand Rapids, Mich., Betsy DeVos has also been involved with a number of political advocacy, education policy, and not-for-profit educational foundations which have successfully launched school choice movements and charter schools in Indiana, Michigan, and Florida. State surveys showed that many families supported school choice initiatives in the different states, particularly Florida.


DeVos highlighted this success with an April, 2017 trip to Miami, Fla. to visit the charter school founded by Armando Christian Pérez, also known the rapper Pitbull. She focused on educational diversity with visits to a public elementary school, a private Christian academy, and Pitbull’s SLAM Academy charter school. Later in her South Florida visit, DeVos also toured Miami Dade College, a former community college which has expanded to offer four-year bachelor’s degrees.


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Betsy DeVos: Education Pioneer

Politician, philanthropist, and businesswoman Betsy DeVos was born in 1958 to the prestigious Prince family, led by billionaire industrialist Edgar Prince. Before becoming the United States Secretary of Education, she was a Republican National Committeewoman and Chair of the Michigan Republican Party. Betsy is married to Dick DeVos, the former CEO of Amway. Mr. and Mrs. DeVos are known for their many business and philanthropic endeavors. Learn more:





Betsy DeVos has been involved with many foundations, including one that was founded by her and her husband. The Dick & Betsy DeVos Family Foundation has made contributions totaling nearly $12 million per year in charitable contributions. She has also been involved in many arts and education foundations, becoming a pioneer for education early in her college years. She is a member of multiple charity boards like Kids Hope USA and the Foundation for Excellence in Education.





As a champion of school reform, DeVos had led many political action committees, party organizations, and campaigns. Her biggest claim-to-fame is her advocacy for education reform. She believes that the country should provide more choices in education outside of the public-school system. This is done via charter schools and private schools, which use financial assistance programs and vouchers to equalize student’s incomes.





Wisconsin was the first state to institute a private-school voucher program, and more than 25 years later, DeVos is proud that there are now more than 250,000 students in 33 choice-programs, in 17 states. She expects that even more people will enjoy the freedom of choice, as they see public school systems not succeeding. After seeing the unfairness of private schools throughout the years, Betsy wishes for everyone to have access to great, private education, regardless of income level.





After having children that were entering in the school system, Betsy and her husband found it their duty to help families in their choice of education for their children. She began creating scholarship programs, but Betsy and Dick quickly delved deeper. Through political action, she became a champion for educational choice.





Thus far, Florida, Louisiana, and Indiana are the program’s biggest successes. In Florida, more than 50,000 children are attending the school they choose. In Louisiana and Indiana, new programs were passed that have the potential to help almost 1 million children every year. As a bi-partisan issue, education is beginning to expand beyond the one-size-fits-all public school.





While many accuse DeVos of being greedy, she claims she is only focused on educational choice. She wants to change the status quo so that students may not be assigned to a school just because of where they reside in their zip code, or because of their income status. DeVos believes every American should be able to make a choice for their children’s education, whether it is public, private, charter, or at home. According to Betsy DeVos, the opportunity to choose the best education setting for their children should be a part of the American dream.

The Winner of The 16 M&A Awards is The Most Deserving Participant, Madison Street Capital

Perhaps the most exciting place to be for most financial firms on Monday, 13 November 2017, was the venue for the Annual M&A awards. Held consecutively for 16 years and possibly many more, the M&A awards are considered as a way to recognize and honor the crème de la crème firms in the financial sector. This award ceremony that was held at the Metropolitan Club located in New York was the highlight of everybody’s evening, especially for Madison Street Capital.



With the excellent advice parted by Madison Street Capital in the WLR Automotive case, it wasn’t that big of a surprise for many this financial firm won the M&A awards for the category of Debt Financing Deal of the Year. For those who went aware, Madison Street Capital was also the finalist for two other categories which were, Boutique Investment Banking Firm of the Year and Under 50 MM financial deals of the year. This prestigious accolade was also given to Madison Street Capital due to the collective effect of the impressive participants of this firm.



Charles Botchway, the CEO Of Madison Street Capital, stayed humble as always while accepting this award for the work done in the last year; however, he did take out a few minutes to whole-heartedly congratulate both the Senior Managing Director and the staff of WLR automotive.



Although just one amongst a total of 650 firms that were competing for this accolade, Madison Street Capital was perhaps one of the few candidates that deserved this award for more reasons than one. The notable work they have done for their clients was highlighted, but another reason they were leading the candidate list was due to the immense support they have shown to local communities especially those who are in dire need of assistance.



One of the contributions Madison Street Capital has actively made to improve the situation of both local and global communities is by affiliating themselves with the United Ways of the Midwest and South Disaster Fund. A few of the tasks that the affiliation was engaged in was to identify and rectify time-critical issues that impact various communities on a global scale as well as partner with any organization that can help the situation with a long-term commitment. In 2008, with the help of their dedicated and brilliant staff members, Madison Street Capital had signed up for a 10-year program with the sole goal of helping various groups of society get an opportunity of better education and financial stability by the end of the year 2018.



Madison Street Capital runs its operations through its headquarters based in Chicago, Illinois. This Middle Market Investment Banking Firm has also been known to be at its pinnacle of success due to the excellent work they do at their other branches in Africa and Asia.


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The Danger Of Phone Calls By Prison Inmates

The Lee Correctional Institute in South Carolina is not the type of place where you expect a whole lot of nation-wide change to start taking place. For Robert Johnson though, this is where it all kicked off. He had worked their as a correctional officer for around fifteen years when his whole life got turned upside down.


Among the tasks that Johnson was responsible for was to take away contraband material such as cell phones. Of course, inmates don’t like this too much, but they have little recourse when it comes to a situation like this. They had to turn over those phones. However, some inmates held a grudge against the officer for having taken their phones from them. They used those illegal phones to order a hit on Mr. Johnson.


It all happened one night when Johnson and his family were asleep. Someone broke into his house and shot Johnson several times before fleeing. It was a miracle that the ex-corrections officer survived the attack at all. The fact that he did gave him the unique opportunity to be a voice for getting all cell phones out of the prisons.


Securus Technologies, a company that specifically works on these particular kinds of security issues in prisons has taken the story of Robert Johnson to heart. They hear stories similar to his all the time, and they want to do something about it. Namely, they want to make it far harder for inmates to ever get their hands on a cell phone in the first place.


As recently as earlier this year, Securus went live with another corrections facility with some technology that they have to both block contraband cell phones from working within the prison walls, and to identify the phones that inmates are attempting to use in the first place. By doing both of these things, Securus has done a great job of cutting way back on the number of incidents in which this is even a problem at all. They have made it so much harder for people to get those phones in the first place.


More and more correctional facilities continue to contact Securus for their services. They figure if Securus can help out some other facilities with their contraband phone problem, then these facilities might as well line up as well to get their piece of the action. The company is more than happy to have the business. They know that the work that they do literally saves lives in a lot of cases. When you have a responsibility that big sitting squarely on your solders, you understand the importance of the work that you do. They never forget as they work tirelessly every day to make this a safer country.


Shiraz Boghani And Sussex Healthcare

Shiraz Boghani has long been recognized as one of the pre-eminent businessmen in the UK. He has been chairman of the Splendid Hospitality Group for ten years.

He was recognized as Hotelier of the Year at the Asian Business Awards in 2016 for this role. But Boghani is also Joint Chairman of Sussex Healthcare. Though this is his lesser-known job, it is one that he’s very proud of.

Sussex Healthcare provides excellent care for people who can no longer live on their own. Most of Sussex Healthcare’s residents suffer from age-related conditions like dementia and Alzheimer’s disease. Other residents include permanently disabled people of every age. Sussex Healthcare has been in business for over 25 years.

Sussex Healthcare has been recognized for the quality of the environment its patients live in. Each location is as homey as possible. There’s a shortage of in-home healthcare workers in Sussex, so this organization is providing a much-needed service.

Shiraz Boghani has been Joint Chairman since 1998. That’s almost two full decades. Boghani has transferred his hospitality experience to the arena of eldercare. He wants families to feel comfortable leaving their loved ones at Sussex Healthcare. And he wants residents to have the best possible stay.

Over 30,000 people have been cared for at Sussex Healthcare. Shiraz Boghani feels proud that so many people have entrusted their loved ones to the organization’s care. It’s not just expert opinions he and other officers of the company care about. The endorsement they most want is that of families. In Boghani’s mind, word-of-mouth is more important than any canned public relations statement.

Boghani sees providing quality care as a mission. Sussex Healthcare offers gym facilities for rehabilitation and fitness purposes. There’s also space for residents to create art. Boghani was also a key voice in Sussex Healthcare’s decision to open day centers. The organization is now also providing outreach services for people with learning and physical disabilities.

In addition to his work life, Boghani finds plenty of time to give back. He is a big donor to the Aga Khan Foundation. This organization has been making the world better for over 50 years. Shiraz Boghani’s outlook is right in step with its mission of improving live in developing countries around the world.

For more information about Shiraz Boghani, just visit

Jeremy Goldstein Encourages Corporations to Use Knockout Options Instead

According to Jeremy Goldstein, the popularity of employing stock options is waning. Corporations are no longer interested in giving this made of compensation anymore since they ran into some difficulties. While some companies issue employee stock options to save on money that could otherwise have been paid as salaries and executive bonuses, some factors are slowly dissuading them from the method.


Some of the problems that are standing in the way of the stock options include; the problem of stock market volatility that sees corporate stocks drastically drop making it impossible for employees to exercise their option; employees do not take the stock options serious anymore as they are aware of the inability to exercise options during economic downturns; corporations are now shying away from the accounting costs that come with the stock options as sometimes they outweigh their financial benefits.


Nevertheless, Jeremy Goldstein maintains that employee stock options are still a good method especially when they encourage employees to work harder and to improve the value of the firm. It is also true that options come with tax incentives compared to compensation in equities. Jeremy Goldstein is of the view that many corporations can still maintain the positive benefits of stock options while curbing disadvantages using knockouts.


Jeremy Goldstein is one of the topmost lawyers advising corporations on matters of executive compensations. With more than fifteen years as a corporate lawyer, Jeremy Goldstein is easily an authority on matters dealing with compensation. Mr. Jeremy Goldstein is the current chair of the Mergers & Acquisition Subcommittee of the Executive Compensation Committee of the American Bar Association Business Section.


Jeremy Goldstein has used his experience to see some of the biggest deals in the corporate world through. Some of the deals include the Dow Chemical Company/Rohm and Haas Company deal and the acquisition of Goodrich by United Technologies.


Connect with Jeremy Goldstein on LinkedIn.

Gregory Aziz: Behind His Role at National Steel Car

In today’s world, it seems that new companies are constantly sprouting up and changing the way we have done things for a hundred years or more. That reason makes it all the more important to look to the companies that have endured the test of time to see what they have done right. One of those companies is Canada-based National Steel Car.


National Steel Car was founded in 1912 by several prominent business men. The group came together with the goal of founding a company that would bring Canada to the forefront of steel rail car manufacturing. They selected Ontario as the company’s location and got to work building what would one day become a world leader.


Today, National Steel Car has grown to become the leader in railroad freight car manufacturing in all of North America. At the helm of National Steel Car is President and Chief Executive Officer, Gregory James Aziz. Greg Aziz joined National Steel Car in 1994 after successfully managing the purchase of the company from a former owner. In just four short years he had grown the volume of rail cars manufactured from 3,500 cars to over 12,000 cars. Gregory J. Aziz also focuses heavily on investing in employees as much as he invests in the production. As a result of this, over those same four years employment at National Steel Car, he grew the employee count by 500%.


Greg Aziz was born in Ontario in 1949. He majored in economics at the University of Western Ontario before starting his career working for his family business, Affiliated Foods. The company was a distributor of fresh foods that was working regionally in Western Canada. Gregory Aziz is very well known for his business development skills. He joined Affiliated Foods and in just 16 short years he grew the company to a global distributor of fresh foods. The company then worked in Europe, South America, South Africa, America and Canada. Get More Information Here.

This was the same type of growth he brought to National Steel Car. He is highly known for his drive and for expecting his leadership team to not only set the bar for success, but to continue to raise it. James Aziz believes in innovation and the adaptation of technology in the rail car industry. Although anyone on his team will admit he expects a lot, the results of his leadership style are tangible in the rapid growth of National Steel Car.



National Steel Car Saw it Coming

1909308_1405440073054185_660900271_oThe champagne flowed freely at the centennial birthday of National Steel Car Ltd. Gregory James Aziz, who ran the helm as Chief Executive Officer, was the honored participant for most of the night. Many of his executives praised him for his innovation and saving the company decades before this. Greg James Aziz smiled knowing that he had done well by this business. However, something was nagging at him which he recognized as his muse speaking to him.


As the party settled down, Greg Aziz excused himself and made his way to his corner office. He knew this voice. He heard it before twenty years ago when he saved this company. It was the inner instinct that something was wrong. As he meditated on this, it became apparent what the problem was. National Steel Car Ltd. stopped innovating years ago. While the praise given him was true to an extent, he had stopped progressing years ago. Instinctively he knew this but hadn’t wanted to admit until now. He looked around and knew the world was changing. National Steel Car Ltd. could change with it, or the company could fail. Greg knew that if the company was to continue for another 100 years that changes need to happen.


Greg met with the Research and Development portion of his business and gave them what they deemed to be impossible. He reminded them that they said the same thing 15 years ago when he secured the Canpotex $1 billion contract. He needed R&D to create a railcar that met the environmental regulations of the future. The world was steadily moving closer to green energy, and if National Steel Car Ltd did not get ahead of this, they would lose everything.


Greg ordered one of their old plants to go dark and become the secret production place for these new cars. One and half years later he had over 100 cars that could go 25% faster, haul 50% more, and use 90% fewer gas emissions. This railway car was a monumental achievement, and Greg Aziz left it secret. Refer to This Article for additional information.


One year later, Canada would pass stricter environmental regulations. This was a surprise to all those, except Aziz, in the rail industry and 85% of those couldn’t compete and those that could were only capable of moving a fraction of what National Steel Car Ltd could. Greg revealed his new car and dominated the field. View Source: