Month: September 2018
Most people don’t realize that both Betsy and Dick Devos are now working in Washington. The new US Education Secretary has been sweeping the nation with reforms and educational choice, but it was just in September 2017 when her husband joined her on Capitol Hill. Now Dick Devos will be working with the Federal Aviation Administration in a step that many in the industry praised despite him never being an airline executive or transportation authority.
What makes Devos such a great choice for the council? For one, he has been a pilot for many years, and he has a passion for aviation. He is also legendary for his work and partnership with the CEO of the Gerald R. Ford International Airport in Grand Rapids. It all started back in the 1990s when Devos was working as the CEO and President of Amway. He wanted to work on other projects in his hometown that would affect change and grow the city’s commerce.
He saw plenty of opportunities, but the airport, which had been around since the early 1900s, was a major part of his plan. He wanted people to look at Grand Rapids as a business travel destination and a key airport in between international flights through the United States. He began working with the airport in 1999 at the time of the airport’s re-launch. Ticket growth was still down, so Devos talked to his colleague, the CEO of Air Tran Airways. He convinced the CEO to open up new terminals at the airport, including flights to Orlando, St. Louis, Las Vegas, and Denver. The new flights were such a success that the airport was able to expand a bit more.
However, there were some dark times. When Air Tran Airways was purchased by Southwest, there were fears that the airport would close down terminals because of poor growth. Devos called up the CEO of Southwest and talked to him about the future of the airport and further growth opportunities that were still on the horizon for the airport. IT turns out that he was right. The airport didn’t lose any terminals and continued to grow until it needed a huge expansion, which it received in 2018. The expansion would cost $45 million but would bring about a new business traveler center and food court upgrades.
It’s these savvy business decisions that made Dick Devos a legend in aviation business and what got him appointed to the council. He will now meet with the council every quarter to talk about policies, regulations, budgets, and future growth.
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In 2006, Rocketship began their mission with opening K-5 charter schools in San Jose, California. These schools want to do more than deliver an elementary education but a college preparatory one. They serve children from an low-income and diverse neighborhood, which means typically 90% free lunch and 75% English as a Second Language.
Their mission and philosophy is to eliminate the achievement gap and help students get the opportunity to go to college. Through a unique blend on traditional classroom instruction and adaptive learning technology, students receive a cutting-edge experience and excellent educational experience. Some of the individualized tech that Rocketship currently uses I-Ready, Dreambox Learning, and Accelerated Reader 360.
Rocketship believes that schools can do more than education, but they can transform the communities. Through their volunteer and community engagement activities, they have reinvested in their communities, especially when disaster strikes. They fully understand that the home lives need to be stable to encourage their students academic success.
This success is catching on, and Rocketship has expanded from California to Nashville. They have been approved to open schools in other areas, like Washington, DC and New Orleans. In 2017, Rocketship expects to serve approximately 25,000 students. The success is spreading!
Rocketship hopes to create more than just a college bound person but a good human being. One way is through their core value and one activity that caught on was “gratitude grams.” For seven days, students were given a half sheet of paper with a person’s name on it. The student was to write a sentence of appreciation, thanking the student for something they did. The gratitude spread and helped to create a positive culture. A community of positive culture and creating a safe environmental are two ways that Rocketship helps to encourage students to come to school and stay in school.
If you are an investor, more than likely you’re going to want to make sure your investment brings you benefits. Taking your hard-earned money and placing it into an organization takes some time. That said, when it comes to finding a good investment that gives you all the benefits, you’ll find yourself wanting to share that with family and friends. Freedom checks are known to many investors as a sure bet when it comes to investing. If your investment organization currently operates in the oil industry or you are a shareholder, you should be receiving a Freedom Check. These checks were first introduced on the market by a man called Matt Badiali.
He has an extensive background in geology and has taken the time to study how the oil and transportation industry operates. Freedom checks are derived from the revenue created by transportation, storage and oil businesses. Now in order to take part in the Freedom Check program, all revenue up to 90 percent must come from the production of natural resources. In addition to that, all organizations are responsible for passing on revenue to its stakeholders and providing them with Freedom Checks.
A few examples may include Doug smith who lives in Joplin Missouri and received $24,075. Another individual by the name of Lisa Luhrman, 57 years old and from Tulsa Oklahoma will get $66,570. The payments that people are receiving will depend on how much the individual has invested in certain oil company. Badiali showed a video explaining to all that were interested, what type of benefits they can receive from these particular checks. One thing to keep in mind, is that the program is not medicare or social security. These checks are normally much higher than social security benefits.
Freedom Checks issued from Master Limited Partnerships or better known as MLPs. They are publicly traded just as any stock on the exchange. This gives them the opportunity to take in really good tax advantages that these partnerships are entitled to. What this means is that profits will not be taxed until all investors have received their checks.
Tempus Inc. is a Chicago data analytics firm worth about $2 billion. It was co-founded by notable tech entrepreneur Eric Lefkofsky in 2015. When someone close to him was diagnosed with cancer a few years before one of the most noticeable things for him was that there was a lack of data when it came to determining what treatment option would be best for them. He decided to build a company that would collect both clinical and molecular data and then have a database analyze this data. The goal is to help doctors treat cancer in a more evidence-based fashion.
Eric Lefkofsky is also the CEO of Tempus. He announced on August 29th that its Series E financing round raised $110 million. This round of funding was led by the UK’s Baillee Gifford. Other investors included Revolution Growth, T. Rowe Price, and New Enterprise Associates as well as other existing investors.Since Tempus was established three years ago it has partnered with 250 American hospital systems. They have collected over 2 million clinical records from these partners to help with cancer treatment options.
They plan to use the money raised in the Series E financing round to expand into other health concerns like diabetes and cardiovascular disease. Eric Lefkofsky says that his company will also move beyond the United States and start offering their services in Europe, Australia, and Asia.Once a technology company is worth more than $1 billion it is referred to as a “unicorn”. There are around 200 unicorns worldwide with 100 of those being in the United States. In the Chicago area, where Tempus is based, the other unicorns included SMS Assist, Avant, Uptake Technologies, and ExteNet. Tempus now employees 500 people and that will steadily expand as the company is experiencing rapid growth.
Since its founding in the early 90’s, OSI Group has undergone tremendous growth. From a humble corner butcher in Chicago to one of globally recognized producer and supplier of meat-based foods ad patties, thanks to the exceptional leadership of David McDonald.
David McDonald’s Contribution to OSI Group’s Growth and Sustainability
OSI Group has its headquarters in Aurora, Illinois and has more than 50 businesses in 17 nations. The company serves globally renowned food outlets such McDonald’s, Subway, Yum, Burger King, Starbucks, and Papa Jones. And for more than two decades, the company has successfully served the Chinese market and is making tremendous progress as a poultry supplier in the Asian country.
Under David, OSI group is anticipating to launch two additional production facilities to bring the total to ten. This expansion comes in the wake of the unveiling a joint-venture with DoYOO Group known as DaOSI.
David McDonald has also managed to propel OSI Group into Europe especially in their production and processing departments. These improvements include a new beef processing plant in the Polish province of Shandong. Furthermore, David oversaw the establishment of a frozen food factory in India. Other expansion programs include penetrating food processing markets in Geneva and Hungary.
OSI Group Acquires Dutch Food-Processing Bigwig, Baho Foods
Dutch-based meat processing company, Baho Foods, has been acquired by OSI Group. The acquisition stretches the company’s [OSI Group] portfolio in the European market. Also, the trade gives the firm full controlling stakes of the reputable meat processor and supplier of deli meats and other patties. That means OSI Group will have full control of all the five subsidiaries in Germany and Netherlands. They include Vital Convenience, Gelderland Frischwaren, Henri Van de Bilt, Q Smart Life, and Bakx Foods.
“Adding Baho Foods under the OSI Group banner gives our company a solid European presence,” said David McDonald. “Boha Foods portfolio and line of products complement OSI Group and strengthens its ability to serve the evolving consumer needs.”
For smooth transition, the management group at Boha Foods will retain their position and work with senior leaders at OSI Group to ensure the company’s growth and future position.
David McDonald was born in a Northeastern farm in Iowa. David MacDonald went to Iowa State Uni9versity and obtained a Bachelor’s degree certificate in Animal Science in 1987. He was also honored by the Wallace E. Brown Award Outstanding Senior Award.
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Entrepreneurship is not a casual endeavor. Therefore, building a successful business means devoting yourself to the objective you plan to accomplish in the company. Irrespective of the challenges you might encounter while handling your business, setting it aside is not a solution. It can lead it to a slippery slope. For that reason, it is crucial to organize yourself by setting clear goals and dedicating yourself to the fruition of your ideas. Perhaps the case of OSI Group fits the example of a company that was started on a shaky foundation but gained stability over time.
Describing OSI Group
OSI Group is an American-based company that manufactures meat products. The firm was started in 1909 by Otto Kolschowsky, an immigrant from German. He settled in Chicago before starting the small business that supplied meat to the populace. With time, he learned that there was a growing demand for meat and animal protein. Therefore, he moved the business to Maywood, Chicago. This is a suburb with a more significant population. As the market grew, technology advanced. The company would later adapt Cryogenic food processing for meat preservation. With time, Otto and his sons became prominent for supplying quality meats.
Throughout its growth and development, OSI Group experienced some economic changes after the World War I and II. Modern suburbs also started sprouting across different cities. Most companies spent time indulging in innovations unleashed in various sectors. Consequently, a new alliance was formed. Otto Kolshowksy continued to expand his family business by incorporating new ideas into the company.
Growth and Development
Ray Kroc went ahead to open a McDonald’s restaurant in Des Plaines. While at it, he also served as a franchise agent for the co-founders of McDonald’s businesses. The branch at Des Plaines marked the first expansion step towards growing the franchise model. This was a new concept in America. Before delving into that project, he signed a contract with Mr. Kolschowsky and his sons. They were going to be the first suppliers of fresh beef to the fast food restaurant. That business deal marked the onset of global expansion for the manufacturing firm.
In the next two decades, Otto and Sons started transitioning into an international food provider of meat. Through some core elements borrowed from Kroc’s business, Otto managed to supply the required products to different clients. That grew the business. The clients were satisfied. Today, the company goes by the name of OSI Group. It is a leading food services provider across the world.