About The Author

DOUGLAS CASTLE: PROFESSIONAL PROFILE


914.462.2299 (Direct Telephone)

914.514.1673 (Facsimile)

douglascastle (Skype, By Appointment)

douglas.castle@yahoo.com (Email - Preferred)

douglas.castle@icloud.com (Email - Large Document Transfers, By Arrangement)



Douglas Castle is a senior level expert in all matters of high-level corporate negotiations, deal structure and finance, strategic planning, international business, major project management and all aspects of business communication. He speaks, consults and writes frequently about these subjects, as well as about key aspects of leadership, crisis management and the Human Condition. He has authored a great many articles on a very wide variety of subjects. Mr. Castle is currently a private consultant to young companies in several different countries.


Mr. Castle has been, and continues to be a seasoned and acclaimed advisor, director and trustee to emerging enterprises and growing companies worldwide, across a broad variety of industries on matters of organizational development, strategic planning, financing (both institutional equity and debt), international incorporations and negotiating of joint ventures, licenses of intellectual property, and mergers and acquisitions. Mr. Castle’s current passions are centered upon leveraging his wealth of experience in high-stakes corporate negotiations, deal structure, organizational engineering, strategic planning, business communications, social media marketing campaigns and financing to foster innovation and entrepreneurial growth and success in promising early-stage companies.


Mr. Castle’s professional resume has encompassed: international banking, asset-based financing, merchant banking (equity), factoring, purchase order financing, trade financing, leasing, sale/leaseback transactions, credit enhancement and surety bonding, transactional structuring (mergers, acquisitions, LBOs, ESOPs, management buy-outs, transnational and domestic co-ventures), real estate investment syndication, and the creation and monetization of unique investment instruments.


He has written and presented operating plans for international and offshore banks, finance companies, leasing companies, guarantee (bonding and other credit enhancements) companies to various financial institutions and government agencies and ministries; he has chartered a number of international commercial and economic development banks and reinsurance companies in multiple offshore and international jurisdictions -- these institutions had a combined aggregate capitalization at their operating outset of in excess of US$12,800,000,000.00.


During the past thirty five years, he has also incorporated close to one hundred IBCs (International Business Companies) and formed more than a dozen APTs (Asset Protection Trusts) in conjunction with domestic and international legal counsel across many business sectors. He has worked as a turnaround expert for troubled US and UK companies, and has renegotiated loan terms with banks, other creditors, bondholders and shareholders for these companies, both as pre-bankrupts, and as debtors-in-possession or trustees-in-possession.


Some of Mr. Castle’s prior engagements have included: Chairman of Global Edge International Consulting Associates, Inc.; Executive Director of Global Business Intel™, an unincorporated Division of Global Edge Technologies Group, LLC; Director and Senior Consultant of The Castle Consultancy; Managing Director and Member of Global Edge Technologies Group LLC; Acting Chairman and CEO of TNNWC Group, LLC; Senior Financial Analyst In Charge Of Special Projects for National Westminster Bank, plc; Adjunct Associate Professor in the Department of Banking, Finance and Investments at the Hofstra University School Of Business; Director of Capitol Guaranty Surety Company Inc.; Director of First Empire Capital Corporation and First Empire Autolease, Inc.; Intelligence Contractor for Kroll International Inc.; Interim CEO for AGP Group (publicly-traded, subsequently privately purchased); Member of the Board Of Directors, Triangle Group International, Inc. (publicly-traded, subsequently divided into several private concerns, each one a Management Buyout); and numerous others.


Mr. Castle received his B.S. in Economics from Stony Brook University (1976), with Omicron Delta Epsilon honors (as well as a New York State Regents Scholarship), and he received his MBA in Public Accounting from The Hofstra University Graduate School Of Business (with a graduate fellowship) in 1979.


Mr. Castle is a passionate and prolific speaker and writer about topics relating to Internationalism, futurism, leadership, negotiation, communication, and a variety of other non-financial topics.


You can obtain more information about Douglas Castle’s personal, educational and professional background by visiting his Linked In profile, which can be found by going to http://www.linkedin.com/in/douglascastle



Douglas Castle

914.462.2299 (Direct Telephone)

914.514.1673 (Facsimile)

douglascastle (Skype, By Appointment)

douglas.castle@yahoo.com (Email - Preferred)

douglas.castle@icloud.com (Email - Large Document Transfers, By Arrangement)


This document is Copyright © 2017 by Douglas Castle, with all rights reserved.

Friday, November 3, 2017

Remote Working: Here To Stay!


REMOTE WORKING: HERE TO STAY
“Telecommutation is still sweeping the nation.” - Douglas Castle
 REMOTE - Douglas Castle.jpg

I recently noted a discussion on LinkedIn regarding IBM’s move to minimize remote working and to call its employees, from near and far, back to the office. This was what I read:

Why remote working will die.

IBM's recent move to call its remote workers back into the office has thrown into question whether telecommuting is more or less productive than being at one's desk. Studies on the topic have come out mixed but the Atlantic argues that with fast-paced technological change, and the complex problems that arise from it, workers may increasingly be chained to their desks • What are your thoughts on working from home? Join the conversation.
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Nope. It’ll survive and thrive. Sorry Folks.

I beg to differ. The following factors will virtually [no pun intended here] ensure the survival (and even the expansion!) of remote working in the industrialized nations, and in particular, the United States, from which I am currently (remotely, via telecommute) working:

  1. The rise and growth of the Gig Economy. Many displaced employees and solopreneurs have become members of the ever-expanding Gig Economy, where an individual sells a specialized service (usually at a relatively low price per unit of service) via internet to clients (usually other individuals, entrepreneurs or small businesses). Platforms such as UpWork and Fiverr provide a medium for matching up providers and demanders of ‘job work’ of all different types.

  1. The increase in the retention of independent contractors by employers, in lieu of traditional full-time hiring. Employers are trying to limit their exposure and expense associated with taxes and providing insurance benefits for regular employees. This has led to an increase in the hiring of independent contractors and more courageous forays into the Gig Economy for employers. It has also increased outsourcing and offshoring activity.

  1. The Globalization of business - the prevalence of international business relationships even amongst small to medium-sized businesses. An increasing percentage of business communications are taking place via Skype, WhatsApp, Viber, FaceTime and other remote media. And business is being conducted at all hours of the night and morning for many firms and individuals.

  1. Time efficiencies. Commutation to a physical location may cost several otherwise productive hours out of the day. Telecommuting (i.e., remote working) eliminates that wasted time and makes it available for productive use, or for valuable time with families in an overworked culture.

  1. Technological innovations. Holographic projections, anyone? As technology improves and provides ever-better means of communicating over distances, remote work will become more efficient and a great deal more effective.

While it is indeed true that there are greater opportunities for synergy, breakthroughs, interpersonal connection (i.e., body language, nonverbal communication) and spontaneity when people work together on-site, the factors in favor of remote working greatly outweigh the factors weighing against it. And you can expect the trend and tendency to continue.

And here is an interesting Google return for the search on Remote Working Statistics 2017. [CLICK ME]

Thank you, as always, for reading me. - Douglas

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