Monthly Archives: April 2018

David McDonald of OSI Group Feels the Company’s Culture is what Drives Its Success:

Food solutions company OSI Group’s President and Chief Operating Officer David McDonald sat down for a recent interview where he talked in depth about his long and successful career. When asked to explain OSI Group’s can do commitment, David responds that the goal of all OSI employees is to surpass the expectations of all customer and to remain patient.

OSI’s status as a private company is a benefit when it comes to flexibility in the way it serves its customers. OSI has been able to use its large employee force to expand all around the globe, constantly adding facilities by creating successful relationships with partner organizations. Every time OSI makes a new partnership, it gains valuable knowledge about the business atmosphere, culture and tastes of the region they are working in. David explains that his catalyst for recent success in Chinese expansion has been to establish these long-term relationships he has been talking about.

This is how OSI is able to understand the needs of the Chinese market. The flexibility he talked about earlier is very valuable in this case. OSI has been able to overcome technical issues in the Chinese market by partnering with suppliers, customers and agencies in the government. OSI has been patient throughout the process. The latest facility in China is a true representation of what OSI has invested in China. The company invested a great deal in the creation of this facility. OSI encourages its entrepreneurially inclined employees to innovate by encouraging letting the customers be the inspiration.

OSI employees love helping a client built a new food menu for instance. OSI also makes a point to always learn from its past experiences. This helps to predict how to handle future issues. OSI has a family values commitment that helps it keep its food processing standards at the highest levels. The company is always looking to adapt in a constantly changing business world. Swift change can be necessary to keep ahead in the food business.

David maintains that even after 30 years with OSI Group, he is as passionate as ever. He always strives to come up with the best solutions for customers and this is a constantly evolving pursuit. Because of this, work remains very interesting to David. OSI group is in business for the purpose of helping its customers succeed and this is what the company takes the greatest pride in.

Recent expansions and acquisitions that have happened for OSI Group under David McDonald’s leadership include:
-The acquisition of Baho Food
-The acquisition of Flagship Europe
-The opening of OSI Group’s tenth facility in China
-The purchase of the former Tyson food plant in Chicago

For details: www.crunchbase.com/person/david-mcdonald-7#/entity

End Citizens United Endorses Political Candidates Who Refuse Corporate Money

     Washington D.C. based political action committee End Citizens United has been endorsing political candidates who refuse to take corporate money for their political campaigns. One such politician who has done so is Senator Cory Booker of New Jersey. Many more Democratic politicians have made this decision as well and it is spreading across the nation.

End Citizens United says we have a big problem with our electoral system. Much of it began when the US Supreme Court announced its decision regarding Citizens United in 2010. This ruling opened the door for special interest groups and wealthy people to spend however much they so desired on political campaigns. The Supreme Court also ruled they could do so anonymously. Billionaires now control politics in the United States and this PAC wants to end that state of affairs.

The goal of this PAC is to get people elected to Washington D.C. who want to engage in meaningful campaign finance reform. They encourage their members across the nation to give money to politicians who refuse corporate money and money from billionaires as well. When speaking about Corey Booker and his decision, ECU’s President Tiffany Muller said that it is leadership like his which will help to unright the political system and restore power to the American people.

Another politician that Tiffany Muller has supported in public is Senator Kirsten Gillibrand of New York. This senator has also refused to accept corporate money has also seen firsthand how Big Money has taken over politics. She says that corporate mega-donors manipulate politicians in Washington D.C. and control what bills are passed to a large extent.

End Citizens United has 265,000 members in the state of New York. They have connected their supporters in this state with the campaign of Senator Gillibrand in order to get her re-elected. They have 400,000 members in total who they hope will support her 2018 campaign and others like her. So far 70 politicians, all Democrats, in total refuse corporate money.

ECU also developed a Big Money 20 list which is a list of the politicians who have most sold out to corporations and billionaires. Some of the people on this list, such as Rep. Darrell Issa of California and Rep. Pat Meehan of Pennsylvania, are already no longer running for office. Among the others on this list still running for office is Speaker Paul Ryan of Wisconsin.

Randal Nardone Became a Millionaire Because of Investing

When Randal Nardone realized he was great at investing, he knew he should make it his career. He also knew he’d make the most money if he relied on positive investment techniques. For Randal Nardone to do these things, he had to be sure he was making the most money and making sure people knew what he was doing. As long as Randal Nardone tried to help people, he felt good about the business and about the positive opportunities he had for success within the business. It was his way of making things better for people and making the business better. Randal Nardone liked what he did but he also wanted others to do things similarly. He chose to start teaching people about investing. He was an investment advisor.

When others approached him about what he did, they finally joined forces. He became a co-founder of Fortress Investment Group. What started out as something minor became even better and Randal Nardone saw there would be changes he could make to the industry. As long as Randal Nardone knew how to help people, Fortress Investment Group would keep growing and people would use them for all the opportunities they needed for investments.Randal Nardone saw how well the company was doing. He wanted the business to work with other businesses. The opportunity came from Softbank. They acquired Fortress Investment Group and made it a part of their business. They wanted to offer investment solutions to all their clients and did it through Fortress Investment Group. Since they knew what they were doing, they were confident in the skills they had.

They were also confident Fortress Investment Group would keep getting better even though there were some issues with other investment companies. Having Softbank behind Fortress Investment Group allowed the company to keep trying new things with minimal risk.Just because Randal Nardone started learning about investments and making the right choices, he became a billionaire. The company grew and Randal Nardone made the right choices. He also planned to give people the chance to try different things. It was his goal to give them back all the things they could use and make everything better. He also had a lot of hope for the future and used that as motivation to grow the business. Investing in stocks and running a company that helps others invest in stocks allowed Randal Nardone to achieve financial freedom.

Eric Lefkofsky and Tempus Receive $80 Million in Funding

Recently, the Chicago company Tempus received $80 million in funding from a group of investors to continue their advanced technological research into cancer treatment. Tempus utilizes both clinical data and molecular data gathered during past treatments to discover common trends in the treatment of the disease that is affecting almost every life in the world today. Their global perspective is unique in that Tempus is working with healthcare organizations, physicians and drug companies from all over the place to find these trends in the treatment of the disease.

Since starting in 2016 under CEO Eric Lefkofsky, Tempus has seen rapid growth. Today, they employee 400 people and their rate of employment growth is huge with the demand for the data that the company is producing. The recent funding of $80 million came from famed investors like the Kinship Trust Company, T. Rowe Price Associates, New Enterprise Associates and Revolution Growth.

The rich story of Tempus starts with its co-founder and CEO Eric Lefkofsky, a Chicago based entrepreneur who has had his hands in many successful Chicago based businesses. After receiving his law degree from the University of Michigan, Lefkofsky began his career in startup companies by co-founding Starbelly in 1999. The initial success of this startup led to its sale in 2000 when Eric joined then as CEO. Shortly after in 2001, he would co-found InnerWorkings and stay on their board of directors until 2012.

While accumulating a lot of wealth with these first two companies, Lefkofsky would continue on by co-founding MediaBank in 2006. MediaBanks growth would lead to a merger with another large entity in 2012 to become Mediaocean. Here, Lefkofsky still acts as CEO for the company. In 2010, he would also co-found Lightbank prior to the startup of Tempus in 2016.

On top of the amazing feats in the business world, Eric Lefkofsky and his wife started a charitable trust with a focus on children and helping fund new organizations. As well, he sits on the board of directors at Chicago’s Museum of Science and Industry, the Art Institue of Chicago and Children’s Memorial Hospital. He has also taught tech and business classes at DePaul University, Northwestern University and the University of Chicago.