In our book Renewing the American Dream published in 2010, we provided the following conceptualization of the American Dream: The American Dream is the opportunity each and every citizen has to realize one’s personal potential and to achieve success, generally measured as economic security. The fundamental elements of the dream are getting educated and working hard in order to have a good job that pays decent wages, provides adequate benefits, puts food on the table, a … [Read more...]
Frank blogs regularly for the Huffington Post and writes occasional columns and articles for publications such as the International Business Times and The Economic Times of India.
Frank writes on a wide variety of topics that are critical to shaping the future of America and the American dream and to making the United States and the world a better place. These include: Business; education; poverty and inequality; politics and public policy; immigration; manufacturing; innovation; leadership; citizenship; and social commentary.
Frank’s most recent blogs are highlighted on this page. To read other blogs or articles by Frank, click on the categories or publications links on the left.
Donald Trump has recently re-asserted that he is a “stable genius.” When we first heard Trump’s proclamation we thought he meant he was good at working in a building with stalls for horses. Seriously, we recognize that Trump intended to communicate that he was a rock steady person with a very high IQ. Trump has been bragging about his IQ for some time. We shared our opinion on the President’s IQ in a Huffington Post blog titled “Alternative Perspectives on … [Read more...]
A Lesson on the Need for Focus from GE. General Electric set the standard for business success in the 20th century. In 1999, Fortune magazine named Jack Welch, its CEO at the time, the best manager of the century. GE was one of the original businesses on the Dow Jones industrial average, established in 1907. On June 26, GE was dropped from the blue chip index, replaced by the Walgreen’s Boots Alliance drug store chain. In the first eighteen years of this new century, GE’s … [Read more...]
India is blessed to be the third-largest start-up economy in the world. Unfortunately, there is a curse that comes with that blessing. That is, as indicated in a 2016 report issued by the IBM Institute for Business Value and Oxford Economics, 90 per cent of Indian start-ups fail within five years. The question is what can be done to reduce the number of failures? What are the secrets to success for India's budding entrepreneurs and its business start-ups? There are many. But, … [Read more...]
For a large part of the 20th century, the fate and fortune of American big business and its “average citizens” were intertwined. In the 21st century, they are almost completely disconnected. Among the primary reasons for this disconnection are major corporations: offshoring millions of what were good paying American jobs through a process euphemistically called “globalization.” reducing the size of their incumbent workforce significantly through means such as organizational streamlining, … [Read more...]
WASHINGTON: Azamgarh-born Indian-American entrepreneur and philanthropist Frank Islam has been awarded the inaugural UP Ratna award for his contribution as a son of Uttar Pradesh. An Indian American friend, Dr Fazal Khan, received the award on Islam's behalf from UP chief minister Akhilesh Yadav on the opening day of the inaugural UP Pravasi Diwas in Agra on Monday. Islam, who came to the US in the early 1970s to study at University of Colorado, said the "award means much to me and I am most … [Read more...]
New Delhi, 27 Dec 2015: "I have received many awards. But, this award is extra special because it comes from my homeland. Uttar Pradesh is where my journey began," says Azamgarh-born Indian-American entrepreneur and philanthropist Frank F. Islam on the announcement of Uttar Pradesh government to confer state's highest civilian award Uttar Pradesh Ratna on him at the UP Pravasi Diwas in Agra on 4th Jan 2016. Excerpts from interview with IndiaTomorrow.net : What was your reaction … [Read more...]
The battle over H-1B and L-1 reignited on Capitol Hill earlier this month, when two influential senators and long-term critics of the two visa programs introduced a new bill in the US Senate, calling to end their "abuses and protect American and foreign workers from exploitation”. The 'H-1B and L-1 Visa Reforms Act of 2015’, introduced by Senators Chuck Grassley - chairman of the Senate Judiciary Committee - and Dick Durbin - the chamber’s Democratic Whip - would ban companies from hiring … [Read more...]