Resources
Respect and Opportunity: Critical to Attracting & Retaining Talent
According to a new survey from Pew Research Center 63% of workers quit their job due to no opportunities for advancement, and 57% felt disrespected at work. People know how valuable they are to organizations, and if they don't feel respected and inspired, they will go somewhere else that can give them what they want. [...]
Turn Your Organization into A Talent Magnet
Qualified, loyal, and motivated employees are hard to find, and once you do find them, you want to keep them around. Therefore, having a pulse on the organization's culture is key to employee retention. So often, there is a disconnect between leadership and the needs of the people. John Dijulius of The Dijulius Group shared [...]
Golden Handshake: Retaining Key People as Your Business Evolves
Multi-unit franchise owners continue to experience growth. As we have discussed in previous articles, one of the keys to developing sustainable growth is DUPLICATION of successful strategies. Another key to growth is the ability to scale effectively which boils down to process, procedures, and PEOPLE. People are one of the most valuable assets to [...]
It is Possible to Be Equitable
Thirty-five years ago, Roland Spongberg started a restaurant company with one El Pollo Loco in Long Beach, CA. Today, WKS Restaurant Company employs 12,000 employees across 375 restaurants in 19 states operating Denny’s, El Pollo Loco, Krispy Kreme, and Wendy’s. From a pure family perspective, with six children, Roland initially [...]
Growth Strategies: Creating the Right Mix
Infrastructure is essential to support multi-unit franchising growth. Processes, procedures, marketing, talent, attractive culture, capital, and a keen eye for the legal technicalities are only a few of the diversity nuances that must be in sync for success. We recently asked Michael Einbinder, an attorney with Einbinder & Dunn LLP for growth insights from [...]
Earning Respect in the Family Business
A successful family business can provide opportunities to all who are associated with the owners or viewed as family. History has proven, the odds of family business success through multiple generations dwindles with every ownership transition. However; where many family businesses have failed, there have also been many family businesses [...]