- and not in a good way: Franchise Times
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April 30, 2016
April 28, 2016
Do All New Restaurant CEOs Talk the Same?
Smashburger to be a modern, progressive burger company
New Smashburger CEO wants to take brand into new era
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New Smashburger CEO wants to take brand into new era
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April 27, 2016
April 25, 2016
Will "The Founder" Flounder?
The pre-release publicity for the movie "The Founder" is becoming pretty loud. Some McDonald's folks are looking forward to the movie, others are apprehensive. In my
humble opinion - it's not going to be a big deal.
It appears the relationship between Ray Kroc and the McDonald brothers has been
dramatized beyond reality as evidenced by the poster that shows the arches, Michael
Keaton's profile, and the phrase "He took someone else's idea and America ate it up".
So much hype!
Maybe I'm a poor judge since these events predate my time at McDonald's but I've
heard the stories, read the books, and knew many of the players. It just wasn't that
exciting. Why would the (ever shrinking) movie going public be interested in 60 year
old business intrigue?
I'm a loyal Hewlett-Packard tech consumer. As national brands H-P and McDonald's
are about the same age. Do I care about any conflicts or traumas Bill Hewlett and Dave Packard went through in the early days of the company? Not a byte. Just give me good equipment at a fair price - same with my burgers.
Based on what we know thus far it appears that fans of McDonald's expecting a fair and accurate telling of McDonald's history will leave the theater disappointed. Or angry.
Me? I'll wait. Since The Founder will do poorly at the box office it won't take long for it
to be available on Netflix.
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April 23, 2016
April 22, 2016
April 21, 2016
April 20, 2016
McDonald’s Earnings: What to Watch - WSJ
2 / $2: "franchisees complained that it was just a new name for the Dollar Menu "
McDonald’s Earnings: What to Watch - WSJ
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McDonald’s Earnings: What to Watch - WSJ
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April 19, 2016
April 18, 2016
April 16, 2016
April 15, 2016
April 13, 2016
April 11, 2016
April 9, 2016
Labor Leaders Seek Minimum Wage Exemption
"Once again, the soaring rhetoric of helping the working poor is just a cover for city government acting as a tool of organized labor,"
L.A. labor leaders seek minimum wage exemption for firms with union workers - LA Times
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L.A. labor leaders seek minimum wage exemption for firms with union workers - LA Times
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April 8, 2016
April 7, 2016
Fortune's Beth Kowitt on the McDonald's Board
McKenna's retirement ends a long era in which McDonald's suppliers held positions on
the McDonald's board of directors. It's easy to see the logic in this approach when the
company was young and growing and all involved had an interest in building a strong
system. That's when Fred Turner began using the "three legged stool" analogy.
But the supplier leg got shaky in the 1990s and let two successive CEO failures stay in
the job far too long. It's was impossible for the board members to force changes when
the CEO was one of their biggest (or only) customers.
After McKenna there does not appear to be any board members with a direct McDonald's supplier connection.
The retirement of McDonald’s non-executive chairman Andy McKenna next month is one of the biggest changes the company has made in years.
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the McDonald's board of directors. It's easy to see the logic in this approach when the
company was young and growing and all involved had an interest in building a strong
system. That's when Fred Turner began using the "three legged stool" analogy.
But the supplier leg got shaky in the 1990s and let two successive CEO failures stay in
the job far too long. It's was impossible for the board members to force changes when
the CEO was one of their biggest (or only) customers.
After McKenna there does not appear to be any board members with a direct McDonald's supplier connection.
.
April 6, 2016
Chairman Leaving McDonald's Board
When Wall Street Watchers discuss why a corporate CEO should not also be the
Chairman of the Board the example they often cite is the disastrous tenure of
Jack Greenberg as both Chairman and CEO of McDonald's.
Any bets the still green CEO of McDonald's will become Chairman?
Andrew J. McKenna to Retire From McDonald's Board of Directors
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Chairman of the Board the example they often cite is the disastrous tenure of
Jack Greenberg as both Chairman and CEO of McDonald's.
Any bets the still green CEO of McDonald's will become Chairman?
Andrew J. McKenna to Retire From McDonald's Board of Directors
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April 5, 2016
April 2, 2016
Two Views on $15 Minimum Wage
First the liberal - note in the second paragraph this writer says the Governors of New
York and California worked with legislators to make a minimum wage deal. That's
not true - the Governors negotiated with unions and the legislators in those states
take orders from the unions.
How the $15 Minimum Wage Went From Laughable to Viable - The New York Times:
And this from someone who understands free enterprise.
From Townhall.com - Why not $100 p/hr?
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York and California worked with legislators to make a minimum wage deal. That's
not true - the Governors negotiated with unions and the legislators in those states
take orders from the unions.
How the $15 Minimum Wage Went From Laughable to Viable - The New York Times:
And this from someone who understands free enterprise.
From Townhall.com - Why not $100 p/hr?
.