At a cost of only seventeen million Euros, OSI Group’s Toledo plant has just completed an upgrade to its production line that promises to double its output of chicken products. This means more jobs for local people, as OSI needs about 20 more workers in order to operate the new, higher capacity production line. They will also be needing a new manager of product development in order to make full use of this increased production capacity. This increase was planned because of market factors. Market research indicated that there was an increase in the demand for chicken products in the region, especially in Spain and Portugal.
The reason for this increase is somewhat unclear, but it is clear that the demand for chicken products has grown by eight percent over the last three years. While this may seem like a small increase overall, indications are that the upward trend will continue. As such, OSI Group wanted to make sure that their facilities would be prepared to meet the demand. These new improvements were overseen by OSI Group CEO Sheldon Lavin and carried out by company president David McDonald. Sheldon Lavin, more so than any other one individual, is responsible for the multinational success of OSI Group. He has worked with the company since the 1970’s, when it was simply a family owned meat distribution company called Otto and Sons.
Through his involvement with various charitable organizations like the Ronald McDonald House, Sheldon Lavin has been honored more than once for his charitable work. This included the prestigious Edward C. Jones community service award. As such, Sheldon Lavin has a reputation as an entrepreneur that is quite solid. The plant upgrade was also focused on improving safety. An extensive camera system was installed along with state of the art new fire control measures. The plant’s new improvements are also intended to save energy (and thus, save money as well). Using a new system that is designed to recycle machine heat, they are now able to conserve and re-use a much greater amount of their own generated energy. According to the company, energy efficiency has been improved by about twenty percent.
When it comes to professionals who embody and live out their lives work, Robert Ivy is an extraordinary example. He is a truly remarkable, modern age renaissance man. He is well established published author, editor, and exalted master architect. Also, he is the sitting Executive Vice President & CEO of the American Institute of Architects (AIA) beginning in 2011. Robert Ivy has been a visionary leader throughout his career and now, as the EVP & CEO of AIA, has plans to expand his skills to new heights. He demonstrates leadership and nobility through his determination and dedication to designing exceptional art.
Due to his work as the mastermind of awe inspiring projects, Robert Ivy was awarded the Noel Polk Lifetime Achievement Award. His fellow colleague, Carl Elephante President of the AIA, praised the decision to award him with the Noel Polk Lifetime Achievement Award stating, “he is a great ambassador to the architect profession“.The reward is renowned and highly sought after, however, Robert Ivy is the perfect recipient of the award. His works as an architect has been influential in making architecture available to the citizens of the communities in Mississippi. The Noel Polk Lifetime Achievement Award is quite the honor, fellow lifetime award winners include the popular actor Morgan Freeman, Eudora Welty, Leontyne Price, & Walter Anderson.
Mr. Ivy is not unaccustomed to receiving awards, he was also awarded a National Magazine Award. Interesting enough, Robert Ivy is the first architect to receive the award. The award is a crowning accolade to an outstanding lifetime commitment to exceptional work. The Noel Polk Lifetime Award event for the renowned architect was held June 2nd. Mr. Ivy’s career is progressing rapidly and his work as the EVP and CEO of the AIA continues to impact peoples lives globally. His advanced vision, character, and leadership skills are constantly influencing others, not only in Mississippi, but truly globally.
Randal A. Nardone serves as Co-founder, Director, and Principal, of Fortress Investment Group LLC. He’s worked there since 1998. In that time he’s been included in the management committee of Fortress. Then, in November 2006 he was chosen to the board of directors. Randal Nardone also has some positions of Advisor and Board. One example is director for “Brookdale Senior Living”. He is also director for of “Springleaf Holdings”, and “Gagfish”. Finally for “New Residential Investment” he’s in Executive Management.For his education Randal Nardone attended “University of Connecticut” When he was there he got B.A. in the subjects of Biology and English. He also went to “Boston University School of Law”. He received his J.D from there.
Randal Nardone who has dignified the list from “Forbes Magazine” called “World’s Billionaires”. There, he had a net worth estimated to be $1.8 billion. On that list he was number 557. Some example of prior work experience of Nardone before his previous job at the giant of Swiss banking. In his early years he served as both an executive committee member and partner of Thacher Proffitt & Wood. After that, he did work as a BlackRock Financial Management principal. As of now, Nardone is currently playing the role as the Interim CEO. In working in this position has an involvement in acting as the CEO if the company and getting engaged with every activity that’s given as authority. As he is the company’s principal and co-founder that means as well that needs to make sure that the company is maintaining its position of a company of large investment which is in operation with standards that are ethical.
Recently, there was news announced that the company of “SoftBank” which is a group based in Japan. The news was that they would purchase Fortress Investment for a price of $3 billion. In following with this deal’s terms, Fortress will be in operation inside “SoftBank” that’s headquartered in New York. It should be mentioned Fortress is an overseer of assets amounting to $70.1 billion. In this change, Principal Randal Nardone and the two others Wesley Edens and Pete Briger will still stay at the wheel and will give investments of fifty percent of their proceeds after-tax. From the source of the press release of the company, these are from the deal into the vehicles and funds managed by Fortress.
Entrepreneurship is practiced all over the world irrespective of the country’s economic status. Scholars argue that one is more likely to get more returns if they take bigger risks. Some entrepreneurs engage in business that may pose high failure rates, the management’s role in such a case is to evaluate the potential returns. From the assessment, the management then comes up with a decision on whether to initiate the project or to forego it. The assessment needs to be very accurate and only reliable information should be used. Some risks pose good opportunities and therefore due diligence should be carried out. Wes Edens is one of the pioneers of the Fortress Investment Group which has business interests in various industries. He is one of the rest men in the world and that’s the reason why he was featured in the Forbes Magazine.
In 2008, he was position 962. Fortress Investment Group has been operating for decades, the organization is run by a team of professionals who ensure that it’s run well to provide maximum returns on investments. Wes Edens has worked in the company since it started, his contributions to the company are one of the reasons why it has received international recognition and also high performance.The main role that he plays is to give advice on financial matters, he is a graduate from Oregon State where he specialized in finance. Any investment company requires an individual to analyze and make decisions on the viability of an opportunity. With Wes Edens, the company has consistently made informed investment decisions that have led to its success. He also gives advice on the best levels of equity that can keep the company profitable.
There is a need for any company to ensure the right balance between their equity and their assets to ensure that they can be able to meet their obligations when they fall due. The management of Fortress Investment Group values its workers and provides various incentives to boost their morale. The employees are proud to be part of the company. The employees of a firm are critical as they are mostly in-charge of key processes in the organization such as production. Wes Edens is the owner of FlyQuest team. Apart from doing business, he recognizes talent and sees the need to help the young people attain their full potential. There is a need by other entrepreneurs and governments to support the talents in the young people. According to research, most of the young people engage in illegal activities due to idleness, when they are given a platform to use their talents, the world will be a better place.