Report Analysis
Daniel Hale
ENG/135
March 16, 2016
Nora Barber

Report Analysis

This report highlights the
benefits received from immigrants’ entrepreneurialism by
examining the Fortune
500, a list of companies that help define the American economy. Every year,
Fortune Magazine ranks the top American companies by revenue. The companies
that populate the list names like Kraft,
Ford, General Electric, Procter & Gamble, AT&T, Mattel, Google,
McDonald’s, Heinz, Home Depot, Hertz, Estée Lauder, UPS, Boeing, and Disney are
synonymous with America’s leading role in the global marketplace. The report
examines the impact that immigrant entrepreneurs have had on the economy, on
millions of workers across virtually all industry sectors, and on America’s
prosperity. And it underscores the opportunities America may lose if future
entrepreneurs start their businesses in other countries especially if the
country maintains an immigration system that turns many of them away
(“fortune-500,†n.d.).
Even though immigrants have made up only 10.5
percent of the American population on average since 1850, there are 90
immigrant founded Fortune 500 companies, accounting for 18 percent of the list.
When the additional 114 companies founded by the children of immigrants are
included, the share of the Fortune 500 list grows to over 40 percent. Many of
America’s greatest brands are Apple, Google, AT&T, Budweiser, Colgate,
eBay, General Electric, IBM, and McDonald’s, owe their origin to a founder who
was an immigrant or the child of an immigrant.
The report shows how America’s economy has always
profited from the steady influx of foreign-born talent. But in the new 21st
century global economy, one must do more to welcome the next generation of
entrepreneurs, as opportunities improve around the world and competing
countries roll out the red carpet. For years, America has loomed largest in the
minds of the most enterprising individuals around the world. But as the global
marketplace evolves, one cannot count on remaining their top choice. Budding
entrepreneurs from powerhouses like China and India see ever-better business
environments back home. Countries like the U.K., Canada, and Australia are
taking bold steps to draw ambitious, talented people to their shores.
This report explores the reasons foreign
entrepreneurs have come to America, the obstacles they have faced, and the hard
work they have put into the firms they created. The goal is to understand not
only the vital role that immigrants have played in the economy, but also the
steps that must take to ensure that America remains the destination for the
entrepreneurs of tomorrow.
Since 1850, the population of the United States
has consisted of an average of 10.5 percent of people overseas. But the impact
that immigrants have had on the overall economy goes far beyond their
headcount. Eighteen percent of 2010’s Fortune companies have at least one
founder who immigrated to the United States. Their stories span almost every
industry. Charles Pfizer and Charles Erhart, cousins born in Ludwigburg,
Germany, went to America to seek for opportunity and one year later founded the
company that would grow into the pharmaceutical giant Pfizer. Fluor, an
engineering and construction company employing almost 40,000, was founded when
a family of master builders from Sweden decided to settle in the United States
and ply their trade. More recently, eBay was the brainchild of Pierre Omidyar,
an entrepreneur of Iranian ancestry who immigrated to the United States from
France in the 1970s.
Immigrants and their children create American
jobs and drive the economy. More than 40 percent of Fortune 500 companies were
founded by one of these New Americans and the companies they founded generate
more than $4.2 trillion in revenues each year and employ more than 10 million
people, a global presence that rivals the entire GDP of all but three nations.
There is no doubt that their contributions have been essential to American
prosperity. But there is also no guarantee that the next generation of top
entrepreneurs will build their businesses in the country, with competing
attractions back home and in other countries with more welcoming immigration
systems. The ability of immigrants and their children to create U.S. wealth
extends far beyond the boardrooms of the companies they founded. Throughout
history, immigrant entrepreneurs have proved capable not only of founding major
U.S. firms, but also of economically revitalizing entire geographic areas.
The
forward thinking and creative nature of “New American†entrepreneurs has also
led many of them to spur success and economic development in areas far afield
from their own.
To compete, we must modernize our own immigration
system so that it welcomes, rather than discourages, the Fortune 500
entrepreneurs of the 21st century global economy. We must create a visa
designed to draw aspiring entrepreneurs to build new businesses and create
jobs. We must give existing American companies access to hire and keep the
highly skilled workers from around the world whom they need to compete, and we
must stem the loss of highly skilled foreign students trained in universities,
allowing them to stay and contribute to the economy the talent in which we’ve
invested. Without these kinds of smart changes to our immigration laws, America
risks losing its place as the natural home for the world’s business power
houses the Fortune 500 companies of the future.

Reference
new-american-fortune-500-june-2011.pdf. (n.d.).
Retrieved from
http://www.renewoureconomy.org/wp-content/uploads/2013/07/new-american-fortune-500-june-2011.Building on the Report Analysis you completed in Week 4, create a 10- to 12-slide PowerPoint® presentation of your analysis and recommendations.Include the following in your presentation:Effective visuals and design consistency as well as descriptions of these components as they apply to presentations and reportsDiscussion of the best practices for oral and online presentationsInclude detailed speaker notes.