Sheldon Lavin Steers OSI Group towards a Positive Streak of Growth

Identifying potential in business solely depends on the environment. As for Otto Kolschowsky, he was the potential that was present in dealing with meat products; that is the main reason why he opened a butcher shop two years after settling in Chicago, Illinois with his fellow German immigrants. The Butcher shop was meant to serve the local residents; nevertheless, the business grew more and more to the extent that Otto opened another branch in a Chicago suburb known as Maywood. Far from that, the butcher shop transitioned into one of the leading food service providers globally known as OSI Group. As a leading food service provider, the company had to procure the services of the likes of Sheldon Lavin who serves as the chief executive and chairman of the company.

Background Data

Otto Kolschowsky was getting old, and he decided to introduce his sons into the food services business. Since the business enterprise had become a family entity, the name Otto & Sons suited the organization. Otto & Sons were flourishing remarkably. There came a period when McDonald’s fast food joint identified that Otto & Sons were among the leading companies when it comes to meat-based products. With that as the case, McDonald’s always procured meat products from Otto & Sons. Because food is a fast moving commodity, McDonald’s was growing indefinitely. As McDonald’s grew, Otto & Sons were not left behind. Nevertheless, challenges are part of a business. The McDonald’s entity had reached out far and wide, and Otto & Sons were unable to transport meat products for long distances since they had to deliver fresh products. Fortunately, scientists discovered that liquid nitrogen could be used as a food preservative. Liquid Nitrogen could keep perishable goods in a frozen state thereby allowing Otto & Sons to transport the meat products over long distances. The breakthrough was wonderful.

Additional Information

When a company is expanding their base of operation, they always need large amounts of capital. While building a plant meant to serve the McDonald’s entity, Otto & Sons were tasked with outsourcing funds for the project. Luckily, Sheldon Lavin was an investment capitalist, and he helped Otto & Sons to acquire funds to complete their project. Later on, Sheldon Lavin’s expertise helped him procure a position as the chief executive officer in the company that later transitioned to OSI Group in 1975. Since then, Sheldon Lavin has been serving the company in his full capacity. Far from that, Sheldon Lavin’s knowledge of finances came in handy since he had the capability to steer the OSI Group towards the right direction.

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