As other companies struggle to stay in business, OSI industries have been experiencing exponential internal growth. From all indicators, this company is performing well in almost every aspect. So what is their secret? You could say that it is all about proper management, but the truth is that it takes more than that. We will look at the insights that have contributed to this growth, especially since the turn of the millennium.
A push for growth
According to the OSI Industries president, one of the factors that have contributed to growth is a huge appetite for success. They are always looking for ways to give more to customers, and will not stop until they achieve their goals. Such a push requires commitment. Therefore, the group focuses on motivating every worker so that they can give their best contribution. The result is that customers get more than what they bargain for, and that is how the company grows.
Embracing local expansion opportunities
Although they want to conquer the global market, OSI industries do not overlook that importance of local customers. They always look for expansion opportunities at home. For instance, they acquired food plant in Chicago. Due to their existence for over a century, the group understands the importance of sticking with local opportunities. The Chicago plant is used to make meatballs and other products that are in high demand locally and internationally.
Expansion into Europe
The decision to expand into Europe is one of the best choices that OSI Industries made since its impact on growth came almost instantly. For a business that is already successful, all that they needed was a gateway into the global market, and Europe provided perfect opportunity. Their presence on the European continent allows them to reach out to customers who may have different needs from what is locally famous. Indeed, the products processed in Europe are slightly different from what you will find at a plant back home.
To keep internal expansion a reality, the OSI Industries is also focusing on external development to sustain their activities. This strategy is the reason they are venturing into other markets such as China.
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