Corporate Executives Serving on International Councils

Some important executives enjoy venturing outside of the corporate world in order to make some real impacts in other global issues. Some business leaders take positions in independent councils and organizations that are not affiliated with any political entities or corporations. The goal of such entities is to improve the world in areas such as education, economy and peace. Executive leaders use their knowledge and expertise in the business world and apply it to various causes that are motivated by sincere care and not just profits. John Ferraro Ernst and Young is an example of a successful executive that sits on the board of a major international economic council.

The goal of independent councils is to improve the lives of business people and ordinary hard work individuals. Group meetings are held regularly in order to come up with new ideas on regulations for international commerce. For example, business leaders may discuss ways to change the tax code that is discouraging some American companies from doing business at home. Outsourcing is becoming a growing trend that causes a lot of job losses in the United States. New tax legislation can be achieved if economic councils place some pressure on American politicians to make some changes. Additionally, council groups can focus on changing some regulations on international commerce. Heavy tariffs on imported goods are causing some businesses plenty of losses in annual revenue. Economic councils can pressure politicians from various countries to agree on a fair rate of taxation that involves imports.

Improving education worldwide is another goal of members of independent council groups. Such organizations focus on setting scholarships that allow students from developing countries to pursue higher education in western countries. International students can be chosen based on merit and other qualifications. However, the goal of international education initiatives is to allow underprivileged youth to attain something that is not available in their native countries. There are international boarding schools that accept students from all over the world with the hope of building great relations among the future generations. Such schools focus on creating peace between countries that are often at hostility with each other. Of course, rigorous educational programs are also part of boarding schools designed to accommodate the youth of countries with serious problems.

Economic councils try to make relevant suggestions to those that have true power in changing policies. Therefore, some council members often meet with politicians in order to pursue a certain agenda. After every meeting, an economic council usually comes up with some important ideas that should be pushed forward and applied to international policies on commerce and education. Such ideas often suggest loosening taxes and border control on international transactions. In other words, it is important for people and goods to move about freely in today's global economy.

Independent council groups actually consist of diverse members that include corporate executives, university professors, skilled tradespeople, attorneys and other individuals with great ideas about the global economy. The councils usually meet in neutral locations that are immune from the pressures of external politics and other ideas. For example, it's common for international economic council groups to meet up in Switzerland to avoid external interference from the mass media. Such meetings would not be functional in the United States because of all the crazy media hype around.

(Thanks for the guest post)