Tech industry entrepreneur Eric Lefkofsky recently conducted an interview with A Drink With. He is a co-founder of the deals website Groupon and is its chairman of the board. He also co-founded Tempus, Inc., and is the CEO, which is a company that provides an operating system that doctors can use to more effectively treat cancer through the use of technology. His company provides doctors with genomic sequencing services which allows them to more effectively treat patients using data, removing a lot of the guesswork they formerly had to do.
During this interview Eric Lefkofsky said that he gets up each workday at 5:00 am and gets to his office an hour later. He will take a break in the morning to get his workout in but, otherwise, he pretty much works nonstop all day. He will spend less than 15 minutes eating lunch and leaves his office around 6:00 to 6:30 in the early evening.
He says that he used to be able to stop thinking about work when the day was done. That has gotten harder for him in recent years as he is in leadership positions with a few companies. As he points out Groupon alone has 11,000 people working for it who work in 48 countries around the world. There is always something going on somewhere so he has to check his emails anymore even when he isn’t in the office.
Eric Lefkofsky says that he and his various business partners have had their hand in around 60 or 70 companies. He used to really enjoy keeping track of all that and doing his part to make these companies successful. He said that he took a vacation with his family to Asia and they spent two months visiting different countries. When he returned to his position as the CEO of Groupon and he says he decided to really focus on just that one company for a few years. He is now mostly focused on making Tempus a success and providing the tools that doctors need to successfully treat cancer patients.
At the heart of the food industry, lies a company whose name is worth a thousand mentions thanks to the enormous strides it has made in the said sector. Currently, a global conglomerate with 65 branches in seventeen countries and approximately 20,000 staff, OSI Group is the perfect example of a grass to grace story, and its current success explains best, the impacts of good leadership and management.OSI Group was established about a century ago by a mere immigrant known as Otto Kolschowsky in Illinois, Chicago. It began as a small retail meat market serving the German immigrant community in Chicago but thanks to his innovative skills and a grand vision, within two years, Otto had managed to expand its scope and turned it into a wholesale meat business. This was followed by a series of changes and was even rebranded to Otto & Sons after his sons joined in the family business.
OSI Group success went at full throttle after going into a partnership with McDonald’s as its primary supplier for fresh meat. Since then OSI Group in conjunction with one of the most recognized global brands have gone on to make massive strides in the food industry with OSI opening a separate branch in a bid to keep up with the escalating demand of McDonald’s meat requirements. This turned it into one of McDonald’s leading meat suppliers and a stable supplier to other A-list companies in the food industry such as Burger King, Starbucks, Subway, Yum and many others.Besides great leadership, OSI’s ability to keep up with the dynamic food industry has been made possible by its ability to embrace changes and keep up with technology. For instance, the company utilizes flash freezing, a form of technology which enables it to not only serve its consumer base diligently but also helps in cutting down the extra costs caused by traditional frost.
Today OSI dominates the global food arena and even ranks 58 on the Forbes list of the leading private companies and has branches in countries like Brazil, Poland, and Mexico just to mention a few. It continues to make massive strides through the acquisition of property in different countries and entering into partnerships with major players in the same sector. For instance, its recent procurement of Baho foods has enabled it to expand its horizons to Germany while its acquisition of Tyson foods has helped it to increase its production capacity thereby meeting and surpassing the expectation of its clients. All these milestones can be attributed to its ability to identify market gaps, incredible customer relations, embracing technology and on top of it all great leadership. Unlike most companies in the food industry, OSI’s walk to glory is unique in that the company’s management minds the wellbeing of others and that of Mother Nature a factor that has seen it bag a long string of awards and honors such as 2016’s globe of honor, the California green business award, and many others.
NexBank Capital is a customizable banking and financial services company geared towards institutional clients, financial institutions, and corporations nationwide through three core businesses: Institutional services, Commercial and Mortgage Banking. They are always working hard to make things easier and more efficient for their clients. Focused on clients for nearly one hundred years, their bankers combine their financial experience and insights with a wide range of their products and tools to analyze their clients’ current financial position and create new strategies to help them meet their objectives.
In Dallas of November 2016, John Holt, the CEO and President of NexBank Capital, Inc., joined a panel at the Texas Bankers Association’s Fifth Annual Strategic Opportunities. He sat on another in New Orleans, Louisiana, at the M&A Conference. The panels’ topic of discussion was “Reinventing Community Banking: Perspectives on Competing by Innovation”. He shared his perspectives on the principal opportunities and community bank leaders’ challenges to an audience of bank leaders, advisers, and consultants. All in attendance were able to explore strategic opportunities through this discussion and future organic branching and growth.
Later that same month, a division of NexBank SSB, called College Savings Bank (“CSB”), completed their core banking system and online banking system conversion successfully. It became one of FDIC’s program managers that insured over 525 college savings plans nationwide. To get the ball rolling, CSB migrated 115 thousand accounts along with their information. This enabled them to provide their customers with the new industry-leading core banking system and online banking system that they’ll love. CSB didn’t just stop there; they also planned for more customer service enhancements to increase their customer satisfaction. John Holt expressed that this program was designed to enhance accessibility to their accounts, improve account management and online banking experience, and product up-to-date, simplified products with competitive rates to make it easier for their customers to save for their higher education.