Sheldon Lavin happens to be a prominent figure in corporate America and across the world. He is the Chief Executive Officer of OSI Group. This is a holding company which has vast interests in food processing not only in the US but also across the world. It has made its name in this sector due to its outstanding services and innovation. Sheldon Lavin first stated to deal with this firm in the early 1970s when the firm required financing to expand its operations. He was very open to this idea and was willing to help. While trying to assist it in raising capital, he saw potential in this company. As a result, he became interested in investing in it. He invested a lot of funds and time in this firm. In the end, he gained a controlling and became its CEO.
Sheldon Lavin has been leading firm for more than three decades. Over this extended period, he has transformed it from a local company to a global giant with a footprint in many nations. He first joined this industry as a consultant. Previously he worked in the banking sector where he gained knowledge on how to raise capital and manage big businesses.
As such, he brought a lot of experience and knowledge on board. That is not all. Sheldon Lavin had built extensive networks with big names in the banking sector who have become instrumental in assisting the firm to get affordable funds needed for growth. From the time he got the control of the firm’s ownership, he has built a unique culture. All employees are treated as a global family.
His main aim was to make OSI Group and international retailer of food products. Several years down the line, this vision has been achieved, and the firm operates in many countries. It has more than 20000 thousand employees who assist in the day to day running of the firm. Moreover, the firm has partnered with many companies in the food industry such as McDonald’s where they have established mutually beneficial business relationships.
The work of Sheldon Lavin has not gone unnoticed. Many companies have appreciated his work in the firm. As a result, he has received numerous awards throughout his long career. For example in the year 2016, he was awarded the Global Visionary Award for his role in creating job opportunities worldwide. It is was an award which made him happy since he appreciated the fact that people admired his efforts.
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This year, OSI Group celebrates 100 years of continuous growth since its establishment. The company management reckons how the food and meat processing and distribution company metamorphosed from a butcher shop down the street into a global conglomerate. The company takes stock of the strides it has had to take in its journey to establishing a foothold in the leader’s list for the global food industry with over 20,000 employees scattered in 65 facilities across 17 countries to thank. And while hitting such milestones hasn’t always been easy, OSI Group made through it all.
A promising start
The Aurora-based OSI Group traces its roots to Oak Park Chicago where it first opened doors to the surrounding community in 1909 as a butcher shop under the leadership of Kolschowsky. Due to unquestionable business ethics and an economic boom at the time, the small retail meat shop experienced rapid growth that saw to venture into the wholesale market. By the turn of a decade, the business rebranded into Otto & Sons and continued to operate under this brand until Sheldon Lavin took over its leadership prompting the change of name to OSI Group.
Like most companies, OSI foods has had to bear the brunt of the economy time and again, some of which threatened its very existence. Others caused stalls and glitches in operation that have in several cases led to missed business opportunities whose impacts could have changed the course of the company. OSI acquires UK’s Flagship Europe.
For instance, the company missed the opportunity of becoming McDonald’s sole supplier of fresh ground meat when the company first started. The financial strains the company was experiencing at the time limited its production capacity thus making it unable to meet McDonald’s supply demands.
Devastated by this turn of events, Otto’s sons brought in Sheldon Lavin as the company’s chief financial officer, and his revolutionary financing strategies helped dispel doom in the company. Sheldon later invested in the company, gaining a controlling share that resulted in a partnership with Otto’s sons and the renaming of the meat processor to OSI Group.
Capitalizing on innovative technology and strategies
Upon assuming office, Sheldon sought to investigate the biggest crippling the growth opportunities for the company despite its long years of service. At this time, poor strategy and redundant technology kept coming up as key inhibitions. To address this Sheldon steered the company towards the adoption of new and innovative technology for use within their processing facilities. He also adopted a change of growth strategy where the company now concentrates more on the acquisition of existing brands as opposed to building new facilities when it comes to expanding global operations.
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