The RealReal has certainly taken the business of luxury consignment to a level of epic proportions. This company’s take on secondhand luxury offers first class appeal. That appeal is authenticity and presentation. Julie Wainwright is the entrepreneur who founded the company in 2011. Wainwright is the previous CEO of the online video retailer, reel.com, and the online pet supply company, pets.com. In her latest venture, Wainwright sets her sights on delivering high-end luxury, something she realized that a mass retailer is unable to provide.
It was by chance, as is often the case, that the online powerhouse, The RealReal, came to be what it is today. While visiting a Silicon Valley Boutique with a friend back in 2010, Wainwright saw the value of pre-owned Chanel, Prada, and Gucci designs, first hand. She quickly realized that, even used, these items hold value for consumers. The spirit of entrepreneurship sparked the start of her research that very same night. Within a few short months The RealReal was born.
The luxury business is a $1.5 trillion dollar industry and, has been favorable to say the least. Today The RealReal is revolutionizing this industry with every consignment. The company now employs about 1,500 people including a team of brand authenticators, art curators, gemologist, and horologist who have the ability to guarantee the authenticity of each item that comes in. There are currently offices in New York and in San Francisco and it’s venture capital is now beyond 173 million dollars.
The RealReal’s Soho location opened its doors last November. The allure of this location as well as the San Francisco location is the museum like experience. You will find a more curated approach, with opportunities to learn about the craftsmanship of the designs, the smell of the leather, minute details in stitching, and so on. Items are beautifully displayed as pieces of art with detailed text on design history. Some may feel that the vibe is too muted compared to the normal approach but it is clear that many appreciate the opportunity to access the high-end fashion and free workshops.
The internationally known food processing company the OSI Group owes its amazing growth over the past four decades to its visionary CEO Sheldon Lavin. After a successful career as a banker and the owner of an accounting firm, Lavin used his degrees in accounting and finance and his years of experience to make the former meat market into a global brand. One with a presence in almost 90 countries and the winner of countless awards for food quality, worker safety and excellent management of the environmental impact that his company’s food production facilities have.
But Sheldon Lavin is much more than just a talented, successful businessman, he is also a caring human being who has created a warm, family atmosphere at his company and supports a wide range of charitable causes and organizations around the globe. Two organizations to which he generously gives his time are the National Fish & Wildlife Foundation, where he is director, and Rush University Medical Center, where Lavin is general trustee. Plus, he is a loving husband and father and spends a great deal of time making his grandchildren happy. The octogenarian does all of this while remaining involved in the day-to-day operations of the OSI Group.
At the OSI Group Lavin is a beloved chief executive who maintains an open door policy to encourage his staff to share their ideas and concerns with him. He also regularly has meals with his employees and is on a first name basis with most of them. Many consider Sheldon Lavin to be the ideal role model for modern business executives. He and his company have also won numerous awards. One of the most recent is the 2016 Global Visionary award bestowed on him by the World Vision Academy. The organization, which is based in India, cited his decades of work transforming his company into a major force in the food production industry as their reason for choosing him.
Lavin extended the OSI Group’s presence worldwide by building state-of-the-art food processing facilities and acquiring companies like Flagship Europe, Baho Food and Amick Farms. Under Sheldon Lavin’s leadership the OSI Group has become internationally known for their commitment to producing nutritious, delicious dough, fish, meat and vegetable products that satisfy the culturally diverse tastes of a global customer base. With the success the OSI Group has enjoyed Sheldon Lavin is a business leader who is truly worthy of praise.
Learn More: www.crunchbase.com/person/sheldon-lavin
Acquisition is an important tool for large companies. It allows companies to close out the competition, acquire business assets to add to their portfolio, and it can be a great introduction into new territory. Of course, some companies do acquisition better than others. For some, acquisition is simply a way to rid the competition. Others use it as a way to expand rapidly and aggressively. Yet, others like OSI Industries, use acquisition in a smarter, more mature way.
OSI Industries functions in the meat packaging and processing industry. They are a Top 100 Food Company and among the top list of companies that supply food items to the foodservice industry. The Ohio-based company got its start when McDonald’s used them as their first beef supplier back in 1955. Since then, the company has been steadily growing. Part of the success, scratch that, the key to the success of OSI has been its smart, clinical acquisition behavior. Let’s take a look at some recent examples to clarify this.
In 2016, OSI acquired Baho Foods. Baho Foods is a Dutch company that makes deli meats and snacks for businesses in the convenience sector. Of course, adding convenience items to OSIs portfolio is smart. It allows them to grab more business from the convenience sector as well as offer more variety to the foodservice sector. However, the new items aren’t the only thing that OSI Industries gained from the transaction. OSI Industries now has factories in Germany and the Netherlands. Not only that but by retaining Baho Foods staff and leadership, they have successfully avoided cultural and linguistic barriers that could have made establishing in the Netherlands difficult.
Another prime example is that of Hynek. Hynek was acquired by OSI Industries in 2016 —the same year as Baho Foods — and serves as a fantastic example of how to acquire companies beyond their simple assets. Hynek is a meat processor too, sure, and acquiring them did defeat the competition. Why OSI chose Hynek is a little deeper than simply assets and competition. Hynek has bonds and relationships with local farmers and slaughterhouses. These personal relationships are invaluable to a meat processor. By acquiring Hynek, OSI now has those connections without having to cross-cultural boundaries to forge them. It’s basically instant customer loyalty.
These examples go to show that acquiring companies is about more than simply the assets. It can be an intricate process that takes many factors into mind. OSI is an expert at acquisition. They are patient, calculated, and buy the companies that no-one expected. The truth is, after the acquisition, most people are shaking their head thinking “Why didn’t I think of that?”.
For details: www.forbes.com/companies/osi-group/
Behind every successful company lies a strategic Chief Executive Officer. When you talk about the success of OSI Group, you cannot fail to mention the man behind the success of the company Sheldon Lavin. Sheldon Lavin is the company’s current CEO and its serving chairperson. Mr. Lavin transformed the OSI Group food into a worldwide food supplier once he became actively involved in 1970. His transformative leadership has seen the rise of the company in terms of its production and more employment opportunities.
When Sheldon Lavin began his career at OSI food the company was only a consultancy firm. He later grew the company, saw it expand its territories, and began treating the company’s employees as family. When he finally took over as the company’s CEO, it began receiving plenty of awards. Some of the awards include Globe of Honor in 2016. The Globe of Honor award is given to companies who turn their dreams into a reality by persevering to attain their dreams. However, the Globe of Honor award was given to OSI foods for their efforts in positioning the company worldwide and creating job opportunities for people across the globe.
However, the various achievements he has accomplished in OSI Food are only the beginning. He plans to continue expanding OSI Foods to an even wider world platform. His ambitions have led to the recent expansion of the OSI Foods supplier in Spain to increase their production. The significant increase in production will also result in more employment opportunities and this is in line with the dreams and aspirations Sheldon Lavin has for the company. The four decades that he has worked as a Chief Executive Officer and then later as a partner has seen the company rise tremendously in comparison with the years the company has been in service.
Apart from being a CEO, he is also a philanthropist. He is an active donor to various charity organizations. The most notable charity organizations he is a part of include the Jewish United Fund, Boys and Girls Clubs of Chicago, just to name but a few. His strategic plans and visions have ensured that the company different worldwide plants are cohesive and uniform despite the location and the language in their location. The workforce of over 20,000 proves that the company has integrated with its locality ensuring that they provide a great opportunity for people to work. Despite achieving the diverse accomplishments he has, he still feels that there is room for more.
To know more visit @: www.linkedin.com/in/sheldon-lavin-a325b98
When it comes to medical science, things have been done the same way for a very long time. For the most part the technological changes surrounding medical research involve the manner in which we do experiments. New technology for refrigeration, extraction, visual analysis and other forms of measurement and the primary domain a development in this field.
All this is about to change. Over the past three years Eric Lefkofsky has sought to bring data-driven technology into the field of cancer research. Rather than simply have the tools to do better research and derive more accurate results, Eric Lefkofsky’s company Tempus seeks to use big data and machine learning techniques to better interpret the results. This has resulted in two major changes that cancer researchers and doctors can expect to work within the future.
Firstly, there will be a greater focus on meta-studies and combined data pools. Rather than independent experiments being the primary driver of new medical research, Tempus focuses on the real world. The data source currently used by Tempus sounds from real-world tests done on cancer patients. Typical diagnostics that are normally done on patients can be uploaded to Tempus and be shared what cancer research facilities around the country. This allows for a greater degree of collaboration as well as a greater degree of machine learning possible.
Secondly, the focus will be away from controlled experiments and instead focused machine-driven analysis. Historically cancer research has been done on a smaller scale with data and input data that a human can interpret. The scale of these experiments are normally essential; too much data no matter how good is impossible to use, there simply isn’t enough difference or change for a human being to derive any meaningful insight from a data set that is too large and similar. This problem is solved with machine learning and deep analysis; by using computer algorithms Tempus plans to eliminate the shortcomings in processing power brought on by our human minds.
Human scientists will still be at the forefront of cancer research for some time, but it is safe to say they will have new tools in the form of machine learning to work with.
Eric Lefkofsky info: lefkofskyfoundation.com/about-eric-lefkofsky/
Robert Deignan is a successful business owner and leader of Inbound Call Experts. During his career, he has always worked to make his company a success. He believes in a unique approach to managing a company. Unlike other business leaders, he focuses on his employees before his customers. He firmly believes that companies that take care of employees have better results. The hiring process to work with Inbound Call Experts is arduous. Few people receive a job offer from the company.
Starting a Business
Many people dream of starting a business. A business allows a person to increase their income and have more control over their time. However, few people have the discipline to work on a business idea. Robert Deignan had an idea several years ago to start a company. He worked with several business leaders in his city to get advice. After developing a solid business plan, he decided to focus on several key areas to find customers.
One of the most challenging parts of managing a business is marketing. In the first few years, Robert Deignan struggled to find new clients. He decided to invest heavily in online marketing tactics for customers.
Once the marketing efforts started having success, Robert Deignan was finally able to concentrate on other aspects of the company. He decided to expand the company for several reasons. He was having trouble meeting the needs of his customers. After opening an additional location, sales increased quickly.
Robert Deignan had a solid education from Purdue University. He still keeps in touch with college students that he met while attending the school. He also contributes to the local community in various ways. He enjoys interacting with people from multiple backgrounds. Anyone who wants to learn about managing a business should consider working with Robert Deignan in the future.
Shiraz Boghani has significant achievements and besides he was granted the award of being the hotelier of the year in 2016. The award was as a result of the hard work and excellent achievements he had in the hospitality industry. Shiraz Boghani serves as the chairman of Splendid Hospitality Group.
Mr. Shiraz has a vast experience in the hospitality industry, and that enabled him to have skills and knowledge about the market and hotel businesses. Besides, there are more than 19 hotels that he manages in the United Kingdom. Additionally, he qualifies in the accountant sector, and that has contributed towards the success he has in the hospitality industry and more so a great business person.
In the 1990s, he was famous in the provision of hotels related services, and that lead him to be a great entrepreneur. Currently, he runs lots of projects for Hilton London Bankside and besides Shiraz Boghani has a line of hotels in London such as Holiday Inn London, York, Grand Hotel & Spa, and others. Apart from the career life, Mr. Boghani has passion in providing support to charitable institutions so that they can be able to meet their objectives.
Moreover, Shiraz Boghani works at the Sussex Health Care where he serves as a chairman. Sussex Health Care provides care for the elderly and also those people that have disabilities. The role of Mr. Boghani at Sussex ensures that all the clients can get the required services for their health and more so hire the staff members that are professionals.
Through the experience and leadership skills that Shiraz Boghani had in the Splendid Hospitality Group had made him promote the growth of the Sussex Health Care. The Sussex can now house approximately 500 patients and offer top quality services. The services that are offered by this health care have made it increase its popularity to be the best Health Care, and more patients seek the services from there.
Shiraz Boghani has been the most impactful person in the hotel industry and through the skills that he has as made it possible for the development of more hotels and businesses. Also, the contribution and his role at the Splendid Hospitality Group have influenced so many people that look on him as a role model. By visiting the United Kingdom, you will be overwhelmed by the hotels of Shiraz Splendid Hospitality Group you will find his companies since they are growing significantly in the UK.
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