The success of every firm is determined by the ability of the leaders to navigate through the harsh conditions that the company experiences. It is, therefore, crucial for the board of directors to carry out exclusive research to see that the individuals in this positions are the best for the company. Well, the OSI Industries are lucky to have a valuable Chief Executive Officer who have believed in their dreams all along.
Sheldon Lavin always had a dream of having a chain of companies that specialized in the distribution of food products. We are constantly told that to be successful, we first have to know the people we need to become to get where we want to be. For Sheldon Lavin, he had to become a financial consultant to live his dream.
Lavin says that when starting something for the first time it’s normal to be afraid. He says that he felt incompetent, like the task ahead of him was far beyond the abilities that he had. However, the only way to know was doing it do, so he plunged in any way. OSI’s Sheldon Lavin receives Global Visionary Award.
Luckily, it was not long before his firm became profitable. McDonald says that this early success gave him confidence in himself. Sheldon Lavin says that one secret he discovered that led to his victory was investing in large scale helps in minimizing costs. As much as it may be a big risk, with a great strategy, it helps in reducing the costs because the firm gets to enjoy the economies of scale.
Everyone has habits that contribute to the people they become; good or bad. Sheldon Lavin says that it is hard to point out one practice that makes him productive. He, however, says that one factor that has contributed to his success is his ability to plan. He says that he developed the habit of making decisions considering how they would affect his future when he was still a kid. He is a great planner, an art that helps him in predicting what he may be up against and prepare for it.
The other factor that contributes to the success of every organization is the level of creativity and innovation. Being inventive helps in differentiating the products of your firm from others in the market. Sheldon Lavin says that one attribute that has helped in boosting his innovation is humility. He says that he ensures that he is open to suggestions from everyone in the company. It is all about believing in other people’s thinking.
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