The Wendy's Company’s Post

Obviously, the big news of the week in the retail world when it comes to leadership changes. We are a big fan of what Chipotle has done with their "Chipotlane" concept and what the brand has done for customers over the years, so it will be interesting to see how the new CEO does! Niccol did some great things during his tenure. As a player working with some of the top companies in the retail space, we know that with great brands, there is never a dull moment and things change! As they say....when one door closes, a new one always opens. Good read on the change that will influence two premier companies. #retaildevelopment

#RBFirm|FreeTips GREAT RECORDS CAN CHANGE YOUR RESTAURANT GAME 🍽️Your primary goal as a restaurant owner is to meet market demand, maximize profit and scale your restaurant. _📝It is an error to spend 6, 10, 15, 20 years in business and still remain at a spot._ In maximizing profits, scaling your restaurant or meeting the market demand, you SHOULD work together with your team to articulate great ideas, strategically induce profit and ensure committed implementation with/without your presence - _Leadership!_ _If you have a very good consultant that assists your brand, it's a great plus!_ ✍️The first THREE places to look into in increasing profit are always in; 1. Consistent Menu Engineering. 2. Strategic Inventory Management and 3. Strategic sales promotions. We have picked these issues out for detailed analysis in our ongoing Training Programs. 👩🍳Until you understand the principles of fulfilling these roles in your restaurant, you may not expand quickly. A great week is ahead of you this morning✨ RBFirmNigeria _we redefine Restaurants for super success_ #restaurants #restaurantowners #restaurantsales #foodbusiness

In the fast-paced restaurant industry, proactive management and strategic planning are crucial for success. Restaurateurs who take control of their operations, from daily prep lists, inventory management and staffing navigate daily challenges more effectively and create a smoother, more efficient restaurant. Conversely, those who reactively address problems as they arise often find themselves overwhelmed, leading to decreased productivity, poor guest experience, and ultimately, diminished success. Proactive leadership ensures that the hectic nature of the restaurant operations does not dictate the outcomes of the day. #restaurantowners #foodindustry #hospitality

It is important to examine what we do, how we do it, and why we do it. This is a very quick fix for saving money. The next question is, what about recycling instead and potentially getting paid for it...

A valuable lesson….

Less than two weeks until Ted Babcock takes the stage in a session called The Dynamic Pricing Debate at the 2024 QSR Evolution Conference in Atlanta on September 4. It's a chance to hear expert insights on how dynamic pricing will impact restaurant profitability and growth in the years ahead. #restaurantpricing #dynamicpricing #priceoptimization #pricingstrategy https://lnkd.in/gQthdgHB

Ah, the devil is in the details, isn't it? Your $340,000 lesson on boxes is a masterclass in microeconomics of operations. Small inefficiencies ripple through the fabric of business, multiplying into substantial costs. Have you considered energy wastage from inefficient appliances, or the silent drain of outdated inventory systems? Each unnoticed leak is a potential flood in disguise. Your narrative underscores the power of granular vigilance and macro-perspective. How do we cultivate a culture where every team member thinks both small and large scale? #OperationalExcellence #CostEfficiency #LeadershipLessons

For both young and older Restaurant Owners You cannot do without the ability to 📝give Feedback that is Specific and Descriptive to your employees Sometimes, proper communication is all you need to skyrocket your employees productivity. 👩🍳As a restaurant owner, you can't do without learning how to give feedback that is concrete and specific. Your directives should tell the staff exactly what he or she is doing well/wrong and what needs improvement. For example, saying, “You did a good job at the desk today” may make an employee feel good, but it will certainly not help them understand exactly what you feel was performed well. You could provide more information by saying, “You did a good job serving customers really fast today. You sliced the beef very evenly today, and/or I love the way you always asked the customers for their preferences before serving, kudos to you Michael.” It doesn't take more than these to begin your journey towards better Restaurant Leadership and team building! RBFirmNigeria ...redefining restaurants #restaurants #restaurantowners