While OSI Group today is global firm with 20,00 employees and 65 food processing facilities for much of its existence it was a smaller regional company in the state of Illinois. It was in 1909 that this company was founded with Otto Kolchowsky starting it as a retail store that sold meat he butchered himself. He wanted his company to be bigger, though, so he expanded into the wholesale side of the industry before 10 years had gone by. He rebranded his company as Otto & Sons in 1928 when his two sons, Harry and Arthur, joined the company. Over the years they were a regional player but 1955 proved to be a fateful year for them. Harry and Arthur’s friend, Ray Kroc, opened the first McDonald’s fast food restaurant in that year.
It was hugely popular and more and more franchises popped up. Ray Kroc had selected Otto & Sons to be one of his main suppliers of beef and so supplying McDonald’s became a huge part of the company over time. Today, now named OSI Group, they supply McDonald’s globally with meat. They also have other customers around the world as well such as Burger King, Yum Brands, Subway, and large grocery chains. It has been run by their Chief Executive Officer Sheldon Lavin since 1975. He came in as a part-owner and eventually owned the entire company as Harry and Arthur retired and sold their interest to him.
Under Sheldon Lavin’s leadership, OSI Group is committed to being a sustainable food production company. He is a huge believer in embracing change and new technologies. One of their mains focuses is on increasing their efficiency and at the same time decreasing any negative effects his company has on the environment. The leadership team of OSI Group keeps sustainability among the most important issues when making operational decisions. OSI Group has won many industry awards for their sustainability. Among these is the Environmental Award given by the North America Meat Institute. They have also won the California Green Business Award as well as the British Safety Council’s Globe of Honour.
Healthcare is always changing and it’s hard to keep up at times. Recent healthcare news has developed into two competing companies who are welcoming change in the world of healthcare. CVS and Amazon will be presenting new services to customers all over the world. In recent announcements, CVS has reported that they will be trying to acquire Aetna. Aetna is a huge health insurance company that has dominated the insurance market. Secondly, Amazon has elected to obtain a pharmacy license in many different states. They have been approved for the license and will likely be offering prescription drug services in the near future.
The connection between the two moves is relevant in competing for such health care services. With Amazon looking to further their business structure as they have expanded into the Whole Foods variety, they will most likely dive into the pharmaceutical sales department while CVS looks into other areas of interest.
CVS is a leading prescription drug company that has provided services for many years. With other companies such as Amazon arising in the market for prescription drugs, CVS has a new approach in offering a nationwide plan for next-day delivery options for prescriptions.
Both CVS and Amazon are taking proactive actions to getting a head start with healthcare options. Amazon already offers many different types of products while they dabble in the prescription drug field. CVS is working on expanding their healthcare services by including insurance services and conventional care plans.
As innovation in healthcare IT continues, the need for consulting companies to assist with implementing this technology will increase. Drew Madden is a seasoned healthcare IT entrepreneur who has worked with companies such as Ingenix and Nordic Consulting Partners. He is passionate about Electronic Medical Records (EMR), planning high-efficiency teams and building relationships with trusted clients. He joined Nordic Consulting Partners in 2010 before he became the president. From 2011 – 2016 he worked as the president building the company from a 10 person operation to 725 staff members. The business grew rapidly under his instruction and the revenue increased vastly. He attended the University of Iowa College of Engineering when he graduated with his B.S.E in Industrial Engineering with a concentration in Medical Systems.