Jeff Bannon a Partner of The Rawls Group and Aicha Bascaro, President of American Franchise Academy discuss leadership – keys for developing people, attracting top talent, and creating opportunities within your franchise organization for growth.
Many franchisees dream of going from owning one unit to becoming multi-unit business owners and building generational wealth. However; growth is challenged by a worker shortage.
Topics discussed in this podcast episode include:
Primary challenges franchisees are facing related to talent
Changes in motivation or expectations of up-and-coming leaders
Why franchisees struggle to recruit people out of college as an attractive career choice
How franchisees overcome the “from college to manager entitlement” mentality
How a franchisee can move from working in their business to working on their business
How franchisees build a sustainable talent model to grow from the inside
How franchisees can attract young talent who want to stay & grow with their organization
How franchisees can gain the skills & trust to develop leaders
How franchisees can use succession planning as a tool to recruit & retain talent
The impact on franchisees if they don’t make the shift to recruit & retain leaders?
Where ARE all of the leaders?
This is one of many topics discussed in our Advancing Your Business, People, and Legacy Podcast. For additional topics visit our Succession Podcast page.