The leadership of a specified organization predetermines the success the organisation will amass. That means that competent leadership skills will always produce excellent results. An astute leader must have the necessary leadership skills required to oversee the operations of a company. As such, David McDonald is one outstanding leader who has carved out a name for himself in the meat industry. Serving as the president of this global provider of meat products, McDonald has achieved a lot of tremendous success through his expertise. Here is a look at his career and contribution to the company.
McDonald grew up in the busy land of Iowa. He spent most of his time on the farms and was very close to his father who was an excellent farmer and agriculturist. While growing up, he observed his father’s input to the industry, indirectly as it was. So having learned some basic skills in farming, McDonald opted to join Iowa State University and specialize in a course that would toss him into the preferred industry of service delivery. He studied animal science.
After graduating college, McDonald landed an employment opportunity at OSI Industries. In the past years, he has been working hard to raise the ranks of leadership and currently, he oversees various managerial departments. Having worked for OSI Group for more than 30 years, he is well acquainted with the ropes of the business and has dedicated most of his life to making sure that the company grows. McDonald has managed to showcase a different dimension of leadership in business.
In his tenure as the president, McDonald has achieved a lot. For starters, he chaired the expansion of OSI Group to China. Currently, that plant produces over 100 tons of meat based products. That is why in the 2008 Beijing Olympics, OSI Group was trusted to supply all varieties of meat-based products.
McDonald has also helped OSI Group to acquire Baho Food. Well, this manufacturing facility is well known for producing meat based delis and snacks in Europe’s’ larger market. From his contribution to the firm, it is evident that McDonald is an experienced leader and has dedicated a lot of personal resources to grow this company. He has also overseen other acquisitions that remain relevant to OSI Group’s growth. With that said, he can be viewed as a role model to young and emerging entrepreneurs who aspire to lead businesses.
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Corporate acquisitions occur every single day across the world. One of the most significant acquisitions made by any corporation in the last year with that of soft drink group Corporation. Softbank group Corporation is a Japanese technology company that is a titan of industry across the planet. The Corporation acquired Fortress Investment Group in 2017 as part of a move that was made in order to increase their foothold in the world of finance. Fortress Investment Group is one of the largest private equity firms in the world and was the first publicly traded corporation in its industry in the United States of America.
Fortress Investment Group has been around since 1998 when it was originally founded. The corporation was first founded by five individuals who all had experience in finance industry. Wes Edens is the Corporation’s current chairman and president and him along with the help of four others including Pete Bridger launched the Corporation in 1998. From the company’s inception in 1998 to 2006 it was able to grow its assets by around 39.7%. This marked an incredible amount of growth that was achieved in a relatively short period of time. In 2007 the Corporation was able to launch itself on the New York Stock Exchange by holding an initial public offering. During this process, Fortress Investment Group became the first publicly traded private equity investment firm in the nation.
Fortress Investment Group currently serves over 1750 investment clients across the world it has holdings in numerous industries. The cornerstone of their company is to help their investment clients create strong returns on their investments while minimizing the risks the clients must take in order to generate. They are currently based out of New York but have offices around the world. Their businesses are asset-based, and this has allowed them to create a world of expertise that has assisted them in the management of their financial assets. By utilizing their extensive industry knowledge, they have helped clients generate significant returns over the past several decades.
The Corporation has been recognized as being one of the world’s leading hedge fund managers. In 2014 institutional investor, an investment magazine awarded Fortress Investment Group with the title of hedge fund manager of the year. This was done in recognition of their significant financial growth. After this talks were made with Japanese technology giant softening group in order to start the process of a corporate acquisition. This corporate acquisition was made in 2017 when Softbank group purchased the corporation and a $2.25 premium from their publicly traded stock value. This created an immediate hundred and $40 million increase in valuation for the Fortress Investment Group Corporation. Without the expert leadership of Wes Edens and Pete Bridger and acquisition such as this would not have been possible. Despite the acquisition Fortress Investment Group has managed to maintain its independence and continues to run independently of the Softbank group. It is still managing its own investments and continues to be a beacon in the world of financial investments.
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In general, entrepreneurship is such a risky game, and requires a lot of grit and courage. Those who win end up getting all of the cake, but those who fail will get more than nothing, because of the possibility of accumulated debt. Fortunately for people like Eric Lefkofksy and his company Tempus Labs, he’s able to withstand such challenges and still emerge thriving, relevant and profitable.
The Chicago Power
What probably made Tempus Labs one of the successful companies today is because it’s based in Chicago, a state where it’s conducive to start any type of business. Being one of the most influential companies in Chicago also means that Tempus Labs already has the roots to be outstanding and for people to trust more its products. This success might also be because the services offered in Tempus Labs are some of the most relevant and in-demand services today that many people will pay money for, which include cancer testing, sequencing of patients’ tumors and liquid biopsy of cell-free DNA. All of these programs are remarkably in-demand and almost necessary for people, and it’s such a clever move for Mr. Eric to capitalize on this.
Mr. Lefkosky is the co-founder of Tempus Labs, and his direct involvement in the company’s operations makes him more hands-on in its results and directives. For this reason, he makes sure that the testing he offers are just about right in its price points, giving more people access to necessary but otherwise expensive tests.
About Eric Lefkofsky
Eric is mainly known to be head officer and co-founder of Tempus Labs, a tech and health tests company that operates mainly to help battle cancer. The disruptive technologies today have a lot of potentials to help people undergoing cancer treatments or have loved ones who do, and Eric is mainly leveraging all these technologies to make sure that people can get the right methods, tools, data, and assistance they need.
Mr. Lefkofsky is also famous for being the adjunct professor at the University of Chicago, and the book about Accelerated Disruption that he authored remains to be a well referenced resource in modern health tech.
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The Nabors Industries CEO, Tony Petrello has become a major part of the Houston, Texas community through the work he and his company have completed in the aftermath of the 2017 Hurricane Harvey. Tony Petrello has been the Chief Executive Officer of Nabors Industries since 2012 when he reached the pinnacle of the company after working with the brand for 30 years and working his way up to this position; Nabors Industries has been at the heart of the Houston community over the course of the last few decades as the philanthropic endeavors of the company have impacted many aspects of the lives of people across the Gulf of Mexico coast.
Tony Petrello has been at the heart of the recovery efforts for Hurricane Harvey over the course of 2017 and into 2018 after rising flood waters made their way into the area. The local community has seen the positive aspects of Nabors Industries from the time of the Hurricane striking onwards as the company made a distinct effort to build a brighter future for the people of the Houston area including many of the employees of the drilling company who were affected by the natural disaster.
Giving back to the local community has always been important to Tony Petrello and the members of the Nabors Industries community who have often been given the opportunity to use their time with the company to take part in various community-based programs designed to give a better way of life to the people of Houston, Texas and those living along the Gulf Coast. Following Hurricane Harvey, the members of Nabors Industries workforce were given the opportunity to take paid leave in order to provide their skills and time to aid in the cleanup and distribution of much needed personal items to those worst affected by the flooding.
Tony Petrello has always played a key role in the creation of various philanthropic groups and activities throughout his life stretching back to his childhood. Brought up in Newark, New Jersey, the need to follow a strict moral code has always played a key role in his life and career which has included a decision to link his own salary to the performance of Nabors Industries. A dedicated philanthropist, Tony Petrello has become one of the leading figures in the fight to build a better future for the Nabors community and members of society who do not have a voice of their own.
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Since its founding in 2008, Aloha Construction has carved out a name for itself as one of the leading roofing contractors not only in Illinois but also in the greater Southern Wisconsin area. The company has made strategic moves in the industry including expanding its operations and product lines and accreditation to meet the demands of their ever growing client base. The company has established itself as the go-to roofing contractor through suave and strategic decisions and customized services delivered by their highly trained and qualified professionals.
Founded in 2008 as a sole proprietorship, Aloha Construction is a roofing contractor specializes in roof installation and inspection. The company also helps their client in filing for insurance claims for damages. As a general contractor, Aloha Construction, based in Lake Zurich, Illinois, also specializes in gutter repair and installation, kitchen, basement and bathroom remodeling, interior painting and property restoration after damage by water. It also builds homes and replaces windows in addition to siding services. It also offers project management and storm drainage services.
The Leadership of Aloha
The family-owned company is headed by Dave Farbaky who serves as the president and Wally Farbaky who is the vice president in charge of sales. Its customer-centric approach to service delivery has seen it receive significant positive reviews and ratings by clients and authorities. The Better Business Bureau accredited the company with an A+ as an indication of its excellent handling of clients. The company’s services are bonded and insured and with quality assurance measures put in place, their clients enjoy a ten-year warranty. Such confidence in its craftsmanship is built on hiring highly quality professionals and using high quality materials. The company is accredited by Chicago Roofing Contractors Association and Building Trade Association among others.
Aloha Contraction opened a new office in May 2017 to better serve their clients. The new office is located at its current headquarters. Remodeling, roofing and siding customers will primarily be served from the new location. The success of Aloha Construction, which has seen it grow into a leading contractor, is built on operational efficiency, timely response to client’s demands and customized service delivery.
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The recent decade has caused a lot of companies to rethink things. Among the reasons that there has been a change in thought process is the advancement of technologies and the changes of economy. The previous decade has seen a lot of things getting shaken up. For one thing, people have been shaken to the core when it comes to their economy. Companies like Market America has understood that the old economy is not useful anymore. Therefore, they have looked into ways that they can bring a newer and better economy that is going to work well for everyone.
One thing that Market America has thought about when it comes to the new economy is how achievable goals are for the average person. The old economy was based on ideas that were so high that only the select elite few could achieve these goals. Market America has come to understand the effect of this old economy and has decided to bring forth something that is more accessible to the average person. It is also something people can manage while they are dealing with other aspects of their lives.
Market America has managed to build something for the individual. In this case, people are able to meet their own goals and work at their own pace. They do not have to worry about losing their work. They just have to make sure that they make the effort on a daily basis so that they will be able to support themselves. After all, success does require work. Even for people that are doing the type of work that they enjoy, it is going to involve a lot of work and effort so that they will be able to profit. Market America offers people something that is very close to their dream job.
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The compassionate nature of many provides a driving force for charity worldwide. This benevolent act of millions of individuals allows many unfortunate people to receive the care and resources necessary to survive. One avid donator is Tony Petrello. Recently, his charitable contributions have included $5 million dollars for research which will help doctors treat and potentially cure neurological conditions in children. However, his generosity doesn’t end there as he is working to increase his total donation to this cause to $7million in the near future. Eight years ago when Petrello became a father to Carena his life changed forever. While her birth brought joy it also carried with it anxiety and fear when she was delivered at only 24 weeks. Many premature children are diagnosed with neurological conditions and to the distress of her parents Carena was one of them. Realizing that ensuring her health would be a life long struggle, Petrello began researching. Eventually his research lead him to Texas Children’s hospital. The hospital since then has been a focus for many of his philanthropic ventures and he has even earned a position on the board of trustees.
His charitable ventures do no begin nor end with the hospital however. Approximately a year ago a good friend of Petrello’s, Serge Lange, passed away. Petrello met Lange his first year at Yale where Lange taught Mathematics. The pair became good friends and Lange was an inspiration to Petrello as well as many other members of the field. To honor his memory Petrello has worked with Yale to create an award in his name to be given to those who excel in the field.
Petrello’s education at Yale provided a vital backbone to his success in the industry. He began there first earning a bachelor’s degree, but going on to earn a master’s in Mathematics from the university. After graduation he opted for a change of scenery and pursued his Juris Doctor at Harvard Law School. Degree in hand Petrello set his eyes on the corporate world. His journey began at Baker & McKenzie in 1979. There he focused generally on corporate law, international arbitration and taxation. Hard work paid off and when he resigned in 1991 he had been a managing partner for five years. From there he moved on to Nabors Industries, a company that focuses on oil drilling and equipment. He entered the company as an elected board member rising eventually to the position he holds today as it’s Chief Executive Officer.
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