More than 100 years have passed since the first meat shop; the Corner Butcher Shop was opened in Chicago, USA. From this small meat shop that was established to supply meat to a small immigrant group, we can see a huge company that has now grown to become the leader in the meat product business. That is what can be said of OSI Group, a food processing company that has had the presence in the meat, pork, and chicken products market for over 109 years.
Otto Kolschowsky is adversely mentioned in connection to the group that is now referred to as OSI Group. He was among the earliest German immigrants who moved to Chicago, the U.S. As this small group of immigrants continued to grow in number, there was the need to put up shops in the areas they occupied. The community would get some vital services from the shops. It is during this period in 1909 that Otto Kolschowsky thought of opening a butcher shop in his neighborhood. Finally, after identifying the right place, he opened the Corner Butcher Shop. After some time, however, he realized that the demand for meat products increased.Otto invited his sons to take part in the business, which they immediately accepted.
Later, the family would supply meat products on wholesale to other small butcher shops that had opened at other locations in Chicago. Several years following the expansion of the Corner Butcher Shop, the family business transformed into Otto & Sons. This business then went through several strides in subsequent years including collaborating with McDonald Restaurants, a chain of high-end restaurants. In 1973, OSI Group, then using the name Otto & Sons, opened its first meat processing plant. From then on, this food processing company has grown to become of the biggest leaders in the market. Then in 1975, Otto & Sons changed its name to what the food processing company is called today, OSI Group. A recent public release from the company shows that OSI is now present in more than 17 countries with 65 facilities. The company has over 20, 000 workers who diligently serve tens of thousands of happy clients.
Bruno Fagali is among the upcoming famous lawyers in Brazil with the aim of giving the country’s legal system a new dimension. He holds a high reputation in his career from the continued years of legal experience as well as extensive knowledge in Administrative Law. Since 2006, the lawyer has been part of several law firms practicing under different law fields. He is the current Corporate Integrity Manager in Nova/SB as well as practices independently at Fagali Law Firm, his agency. Visit Bruno Fagali at poder360 to know more.
Fagali and Compliance
Compliance is more than just meeting an obligation. Compliance and corporate governance are a significant topic of discussion in most corporations as a result of the numerous corruption cases in the country’s public and private entities. Fagali concerns himself with the subject to a large extent as the firms’ commitment to legislative requirements should be more than obligations but be taken as part of the firms’ culture.
The continued view of compliance as a subject of certification purposes risks the loss of Compliance Programs. Falling into the trap of rushing to meet the requirements under the Anti-corruption Law is likely to erase the compliance spirit. Compliance with legal requirements by companies has to be more than a bureaucratic issue. It should be permanent.
Bruno Fagali advises that the best way for companies to be at par with compliance is to design continuous monitoring strategies. Such strategies act as a base for verification of Integrity Programs to the entity’s operations style. Any deviation to the procedures can be identified for refinement as well as continuous improvement.
Integrity Programs should be part of the organization’s routine. Besides, the programs should apply in an interconnected way through departments such as internal audit, accounting, human resources and legal for the best results. The commitment of top management is crucial to the implementation of Compliance Programs in corporations.
For companies embracing the change process, it is essential for them to define their values regarding wrong and right. These guidelines should then be translated to all their members. For entities that have given a deaf ear to compliance and corporate governance, they should review their practices as well as begin following the basic parameters. You can learn more about Fagali by visiting: http://fagali.com/
Born in a small village in India, Paul Mampilly was brought up by a single parent. His mother died when he was still a young boy of about 3 years old. Life was not a walk in the park but fortunately, Paul Mampilly had his father by his side. Paul Mampilly’s supportive father made sure that he and his siblings had something to put in their mouth and a comfortable roof under their heads. His father was not well off and the little that he provided meant a lot to them. Unfortunately, at the age of 20 years, his father died as well and left him an orphan. Follow Paul Mampilly on Stocktwits.com.
Despite the challenges faced by Paul Mamphilly at home, he still managed to perform better in school. He always remained focused and pushed hard towards his goals. Fortunately enough, his father managed to secure a job in the little-known city of Dubai then. It was a risk he took and it worked for him. The risk that his father took changed his life for good. Up until today, Paul Mampilly took the virtue of taking risks and hoping for the best from his late father.
He uses his story to encourage investors to always take the risk. He always says that for the past 25 years, most of the risks that he has taken have worked out well for him. His personal life has made him one of the biggest financial advisers that America has ever had, especially for those venturing into investment.
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Among his biggest investment of a lifetime was investing in Netflix. He made a whopping 634% in return. He has a massive following and this influenced the decision of choosing him to be their senior editor. His main task is the handling of money matters especially in technology and special opportunities. All the investors who gave heed to his advice have always come out smiling while going to the bank. Therefore, from his story, many investors have learned that where you come from does not define who you are. What you go through is a stepping stone towards success. Read more articles by Paul Mampilly at Banyan Hill.
Finding a competent and reliable financial advisor especially at crucial times is of the essence to ensure that there are no unexpected eventualities or circumstances that could have been avoided from the word go. That was the case with Napoleon Machine which is a company that majors in the provision of manufacturing services, painting, precision machining and light assembly as well as metal fabricating. In their case, the company required a credit facility and therefore sought for a financial advisor that they would rely on entirely and successfully. Therefore, the company settled for Madison Street Capital which is a global investment banking institution for that purpose. Having listened to Napoleon Machine’s needs, the banking firm knew exactly what the company needed and therefore advised them accordingly. In that case, they established that Sterling Commercial Credit would be the perfect match to become the company’s credit facility and thus made sure it met its requirements. Therefore, Napoleon Machine could now be able to expand its manufacturing ability and increase the growth speed due to the availability of sustainable operating funds. In that case, Madison Street Capital played a vital role in seeing to it that their client was satisfied and got precisely what they wanted. The President of Napoleon Machine, Kevin Febrey spoke about how the transaction was successfully undertaken and how their issue was handled professionally. With that, it portrays competence on Madison Street Capital’s part which makes them a favourite of many in the world of business.
The fact that Madison Street Capital focuses on advisory, investment banks, private equity, business valuation services and mergers and acquisitions services means that it deals with a wide range of clients that look up to their experience and expertise in these fields. Therefore, the firm has to deliver satisfactorily to enable them to gain popularity and acquire as many clients as possible to as well realize profit considering that it is a business after all. Napoleon Machine is just one example of the many companies that Madison Street Capital has helped to achieve their long-term objectives as well as get redeemed from hard times. Other than just concentrating on making money and satisfying their clients, the firm is as well involved in philanthropic activities which is a plus for them considering their field of work.
Madison Street Capital liaises with charitable organizations in offering donations especially at times of disasters which require funding. In that case, the firm works with an organization called United Way which works towards giving victims of catastrophe a permanent facility such as schools and hospitals as well as businesses after such events. Madison Street Capital, therefore, has made a remarkable impact on the community as well as the business world that has grown immensely over the years.
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Dr. Clay Siegall has found his life’s calling as the founder of Seattle Genetics which is focused on specialized treatments for diseases that have seen little improvement in outcomes for several decades. He’s been at it for 20 years and the growth has been substantial with a long pipeline of over 20 drugs. When it comes to targeted therapies Seattle Genetics is at the forefront as they partner with some of the biggest and most well-known pharmaceutical companies like Pfizer.
Two driving factors have motivated Dr. Siegall and they are the use of technology to better life and the hopeless feeling of watching a loved one struggle with conventional cancer treatments. He was compelled to help find a better way when this person nearly died from the treatment protocol as opposed to cancer itself. He was unimpressed with other procedures as well such as radical types of surgery or amputations.
Another inspiration was the greater latitude that he would experience as the head of his own company. He felt constrained even as a Senior Researcher working for Bristol and knew that the greatest opportunity was an endeavor that he could lead. Additionally, the millions of dollars of revenue that his work produced didn’t improve his own bottom line. A chance to make life better for people and more fully enjoy the fruits of his labor provided a powerful incentive.
One drug, in particular, has achieved a singular success and that is ADCetris. This drug was the first of its type approved by the FDA and it can be used for three indications. Seattle Genetics is prosperous today because of this winning product which helps offset the substantial risk involved with those that don’t get approved.
Dr. Clay Siegall also spotlights the talented sales staff that help drive their results. They are biotech experts and with the unique products that Seattle Genetics produces have seen great success.
The educational credentials of Dr. Clay Siegall were obtained at The University of Maryland where he received a B.S. in Zoology. His next step was to secure a Ph.D. in Genetics from George Washington University.