strategy that OSI has adopted
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It takes great planning and management to excel in the global market. Every business should outline its objectives that will enable it to focus as it expands its operations. OSI group is one of the businesses in the hospitality industry that has consistently gained excellence due to its expansion and the strategies it applies in its operations. One of the strategies that have made the group of companies excel is by incorporating all its stake holders and supporting their needs. It also assists its suppliers in acquiring the right technology that will favor their products.
Currently, the group has been ranked by Forbes as number 58 globally in the hospitality industry. Its commitment towards providing healthy food products has been one of the best strategies that have smoothened its operations and the penetration in the global new markets. According to the head of the OSI industry, he notes that the safety of their clients is one of the key objectives of the group. This has seen the business gain more and more clients over time. Notably, the annual revenue of the OSI group has risen up to 6.1 billion dollars. This shows that the hospitality group continues to understand the needs of their clients and their preferences.
Sheldon Lavin who has steered the company has noted that in a large organization that has over 20,000 employees it is critical to ensure that there is a clear organizational structure that enables all operational facilities to operate smoothly. A delegation of duties is paramount in the organization as Sheldon Lavin notes that in the sensitive hospitality industry you require competent branch heads who ensure that no losses are incurred due to the perishable products in their branches.
Another strategy that OSI has adopted to acquire its success is the tactical entrance in to new markets. Currently, it has been operating in the China market for close to two decades now with two major facilities that are located in the country. The management is still working to start a new facility that will enable the targeted new market in the country to be met. This shows that the hospitality group continues to understand the needs of their clients and their preferences. Also, it has been on the forefront of promoting the social welfare of the areas it conducts its operations. This is through the employment and conducting its activities in an environmentally friendly manner. According to the COO, the OSI group has been conducting and supporting charitable activities.
OSI Group info: www.careersinfood.com/osi-group-company-1088.htm