Author: craigshelton322

“Over the last two decades, the number of people per restaurant has decreased by around 20%. We estimate that in 2023 the growth in restaurants is outpacing population growth 3-to-1. In other words, saturation is increasing and differentiation is ever more important. Don’t be a statistic. Distinct or extinct.” —Aaron Allen & Associates  

“Menu Maestros – Crafting a Profitable Menu for Tomorrow” by Craig Shelton The Restaurant Business Model was ways based upon financial fallacies. By understanding what the finance community got wrong when using the “Retail Store” model, we can improve profitability by as much as 3,000%. Enlightened Menu Pricing A. Here is an entirely different way…

“Navigating the Evolving Restaurant Landscape” by Craig Shelton “I’m going to share a new KPI that will totally change the way you think about your business. It will expose just how incorrectly we have been thinking about our businesses and it will reveal innumerable solutions to your problems that have been hidden from view up…

            https://www.therestaurantcoach.com/the-restaurant-success-summit

Recent research from McKinsey confirms that unfulfilled purpose and unfulfilled belonging  are the two greatest factors “in the current spike in employee attrition. The top two reasons employees cited for leaving (or considering leaving) were that they didn’t feel their work was valued by the organization (54%) or that they lacked a sense of belonging at work (51%).” https://hbr.org/2021/10/to-retain-employees-give-them-a-sense-of-purpose-and-community

https://www.therestaurantcoach.com/the-restaurant-success-summit

Study by the National Bureau of Economic Research proves that CEO’s who have an MBA show no greater ability to increase sales or profits in response to exporting opportunities compared to CEO’s who do not have an MBA. CEO’s without an MBA share profits with their workers, whereas CEO’s with an MBA do not. ABSTRACT…

CEO’s with MBA’s are no better at increasing sales or profits than CEO’s who have no MBA’s, however CEO’s with MBA’s can be bad for workers and wages. “Better knowledge and training can make leaders more innovative and productive, raising the returns to all stakeholders. Better managed businesses can more effectively achieve whatever objectives they…

4 Things Gen Z and Millennials Expect From Their Workplace – GALLUP “1. Above all, Gen Z and millennials want an employer who cares about their wellbeing. The year 2020 brought employee wellbeing into the foreground. If the people in your organization aren’t healthy — physically and emotionally — your organization isn’t healthy either. But…