OSI Group is one of the oldest companies in the world today. It was founded back in 1909 as a corner butcher shop. It has come a long way as it is one of the largest food providers on the planet. With so many years under its belt you could find multiple reason while it is still thriving today, but without question the none would be more important than the company’s innovation. Decade after decade OSI continued to adapt and reinvent itself to thrive in the ever changing food industry. The once small family owned meat market is now a global corporation.
OSI Group struck gold in 1955 when its owners entered a partnership with Ray Kroc, founder of McDonald’s. At the time both companies were successful local companies. In fact, OSI was the fast food restaurant’s first meat supplier. As McDonald’s grew and expanded so did OSI. Though McDonald’s had other food suppliers OSI was its primary. OSI’s Sheldon Lavin receives Global Visionary Award.
Both companies benefited greatly from the introduction of flash freezing in the 1960’s. This cut down costs in the food industry a great deal. OSI could now transport food over long distances with little hassle. Meaning it could supply even more food to the ever growing McDonald’s food chain.
In the 1970’s and 1980’s the company experienced great growth. many believe Sheldon Lavin joining the company as a partner in 1975 had a direct correlation to its growth. By 1980 Sheldon Lavin had become CEO of OSI. With him leading the way the company continued to expand. Sheldon Lavin envisioned OSI having great influence on every continent. He also led the company into other sectors of the food industry like the fresh produce market.
Sheldon Lavin is largely responsible for the global growth of OSI Group. There are few CEO’s that have accomplished what he has on such a large scale.
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Exceptional financial management dictates the manner in which a business will perform eventually. With that said, it is factual that many emerging entrepreneurs are delving into various businesses without the actual understanding of the impending loss or profit waiting ahead. Consequently, these entrepreneurs need role models to look up to. Who can be better than the one Sheldon Lavin who owns the majority shares of OSI Group, a leading service and products provider for meat-based food? Lavin has the right skills needed to build an empire of businesses in one or more lines.
Lavin’s career at OSI Group dates back to when he worked for Otto & Sons as the financial manager. At that moment, he focused on the managerial aspect of the company by instigating policies that were viable enough to stop any impending failure ahead of business. That way, Otto, and Sons managed to get into business with various organizations that supplemented its needs at that moment.
Branching to OSI Group
After working as the finance manager for OSI Group for some time, the owner of the company thought that it was wise to sell part of his shares. Lavin took advantage of the opportunity by purchasing most of the shares. Because he was now the leading figure in the company, Sheldon Lavin assumed the position of the chief executive officer. Until now, he holds that position and has used it to grow OSI Group’s service scope of portfolios.
Over the years Sheldon Lavin has propelled OSI Group into making several acquisitions including Baho Food and Tyson Foods. Moreover, he has a particular specialization in large-scale financing; therefore, he is well equipped with the right knowledge required to manage an industry leader in food production like OSI Group.
Other than that, Sheldon Lavin considers a range of managerial factors when dealing with clients. For starters, he understands that consumers come in different forms alongside harboring different tastes and preferences in business. Because of that, it is only right for him to instigate policies that work for his clients.
Over the years of his appointment as the chief executive officer of OSI Group, Lavin has catapulted the firm’s ability to deal with global expansion in major ways. For that reason, he was awarded the Global Visionary Award in 2016. This award was based on his tremendous input in leading OSI Group through multiple global expansion projects.
Sheldon Lavin’s Facebook Page: www.facebook.com/public/Sheldon-Lavin