Or, who is keeping track of the number of Operators who've signed on to EOTF? We hear Oak Brook is claiming they've hit the magical 67%. Does anybody think that's true? .
10 comments:
Anonymous
said...
we just cant trust these people. I bet they don't have 50 percent of O/Os.
I am sure they probably have the 67%. “Partnering” is like drug deadly as heroin, we are all addicted to it. Rational ROI is gone although I believe McDonald’s is saying as a Franchisee we are supposed to receive 35% ROI on our investment (not sure what funny math they are going to use to show that)? McDonald’s Corporation is the franchisor don’t forget that they can dictate building standards, equipment, technology upgrades etc. etc. which will dictate your rewritability. Chris K does not really care about you the franchisee you are not that important for an established franchised company, think about it do they really need you? You’re like a shark to keep at bay, closely watched, slightly feed not feared alone.
Most franchisees are probably going to sign up if you plan on staying around the next few years if you don’t sign up then by 2019/2020 your rewritability will be in jeopardy. This program / deal is all but done and moving forward whether you like it or not. What needs to happen now is elect strong franchisee leadership that can stand-up to corporate leadership, draw lines in the sand on non-negotiables representing franchisees; same thing they are doing as a company think I have heard Chris K & Mike S. say it over and over that is a non-negotiable.
Anonymous said ............... McDonalds has never had strong unified operator leadership. Yes, even under RW, mostly talk/controlled. The operators themselves are the problem, not the company. From time to time operators have spoken out, attempting to gain operator unity, but the operators themselves refuse to be a part of what the company identifies as the vocal minority. Any third party would understand McDonalds Corporation representing their interest (which is often in conflict with Owner Operators), it is befuddling however why the operators response/resistance is so generally anemic. The Company works behind the curtains in an effort to get a core group of operators elected to the highest posts of the NLC and other "operator led" groups, you would expect this, it is in their interest to insure they are dealing with Operators they can influence and perhaps control. That is their preferred method of controlling interest of the operator body. It's too bad the operators aren't as thoughtful.
The above comment about "core group of operators" is dead right.
They are recruiting new, fresh faces for the bullpen too. These people spend their days sitting in meetings, nodding their heads and coming up with ways to help the company achieve whatever goal they have for today.
Meanwhile, back in these young, fresh faced operators stores, operations suck but these people sure look good leading the discussion of what "excellence" is.
Operations only matters if you say "no". Financials only matter if you say, "no". Minimum requirements only matter if you say, "no". Young, fresh, "yes" means growth. 5 years from today will be interesting, because stores are selling at ridiculous valuations and many are highly leveraged- operations still matters in the long run. Customers aren't "wow'ed" at meetings.
10 comments:
we just cant trust these people. I bet they don't have 50 percent of O/Os.
NOBODY I know has signed yet. DEMAND a detailed vote count by Operator !!!!
WHERE IS THE NLC OVERSIGHT ??????
I am sure they probably have the 67%. “Partnering” is like drug deadly as heroin, we are all addicted to it. Rational ROI is gone although I believe McDonald’s is saying as a Franchisee we are supposed to receive 35% ROI on our investment (not sure what funny math they are going to use to show that)? McDonald’s Corporation is the franchisor don’t forget that they can dictate building standards, equipment, technology upgrades etc. etc. which will dictate your rewritability. Chris K does not really care about you the franchisee you are not that important for an established franchised company, think about it do they really need you? You’re like a shark to keep at bay, closely watched, slightly feed not feared alone.
Most franchisees are probably going to sign up if you plan on staying around the next few years if you don’t sign up then by 2019/2020 your rewritability will be in jeopardy. This program / deal is all but done and moving forward whether you like it or not. What needs to happen now is elect strong franchisee leadership that can stand-up to corporate leadership, draw lines in the sand on non-negotiables representing franchisees; same thing they are doing as a company think I have heard Chris K & Mike S. say it over and over that is a non-negotiable.
Ra Ra call today sounds like if it fails will be the O/O's fault that we did execute well at the restaurant level.
It's always the operator's fault... It says it somewhere in the Franchising agreement.
Stop expecting the NCL to do anything for us.
Anonymous said ............... McDonalds has never had strong unified operator leadership. Yes, even under RW, mostly talk/controlled. The operators themselves are the problem, not the company. From time to time operators have spoken out, attempting to gain operator unity, but the operators themselves refuse to be a part of what the company identifies as the vocal minority. Any third party would understand McDonalds Corporation representing their interest (which is often in conflict with Owner Operators), it is befuddling however why the operators response/resistance is so generally anemic. The Company works behind the curtains in an effort to get a core group of operators elected to the highest posts of the NLC and other "operator led" groups, you would expect this, it is in their interest to insure they are dealing with Operators they can influence and perhaps control. That is their preferred method of controlling interest of the operator body. It's too bad the operators aren't as thoughtful.
They will never stop spending your money. Good luck. Glad I'm out.
The above comment about "core group of operators" is dead right.
They are recruiting new, fresh faces for the bullpen too. These people spend their days sitting in meetings, nodding their heads and coming up with ways to help the company achieve whatever goal they have for today.
Meanwhile, back in these young, fresh faced operators stores, operations suck but these people sure look good leading the discussion of what "excellence" is.
Operations only matters if you say "no". Financials only matter if you say, "no". Minimum requirements only matter if you say, "no". Young, fresh, "yes" means growth. 5 years from today will be interesting, because stores are selling at ridiculous valuations and many are highly leveraged- operations still matters in the long run. Customers aren't "wow'ed" at meetings.
It's disgusting.
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