Wednesday, October 21, 2009
MUFSO Keynote Roundup - Random Maverick Service
Here are a few lines from Taleb's talk:
“The debt level tripled since 1980 in relation to GNP. And there is a problem with debt. Debt makes the system very fragile. When you borrow you can’t make a mistake. When you issue equity, you don’t have the same profitability, but you can make mistakes and in the long run, you survive. Debt is not forgiving. The other problem we have now: a complex world causes crazy things to happen, so you have to be aware that you cannot forecast in a complex world as you can in an normal world. Debt was the elephant in the room [prior to the financial meltdown] that no one at the 'Fed' saw."
Saturday, October 17, 2009
Multimedia MUFSO Memories II (VIDEO)
This is the full length, higher definition version of the MUFSO Memories presentation shown on the massive multimedia wall built for MUFSO 2009 at the Hilton Anatole Hotel in Dallas. A much abbreviated version is found two posts below. The presentation was created by Image Zone Inc. from NRN archival issues and MUFSO videos and photos. (Give it a minute or two to load, depending on your Internet connection speed, and don't forget to hit the back button when your done to come on back..)
CLICK HERE FOR AN MTV-STYLE MUFSO RETROSPECTIVE
***Starring in the screen grab above: Joseph Fassler, then of Glacier Park Inc., the 2001 MUFSO Pioneer of the Year Award winner.
Monday, October 12, 2009
MUFSO - The Movie (VIDEO)
Sunday, October 11, 2009
Change & Opportunities (AUDIO)
Nation's Restaurant News publisher Tom Larranaga, shown at left, welcomed MUFSO attendees with a reminder of what a difference a year can make, as he recounted the setbacks and doubts that besieged many in the industry in late 2008 and contrasted that period with today. In an audio excerpt of that Oct. 5 presentation that can be accessed below, Larranaga points to some of the innovative moves by operators and the opportunities inherent in change. Along the way, he speaks of some of the important changes at Nation's Restaurant News and MUFSO and previews some that are yet to come.
CLICK HERE TO LISTEN
Friday, October 9, 2009
MUFSO 50 Wall of Memories (VIDEO)
Using some of its earlier video work and archival Nation's Restaurant News content, Image Zone Inc. created a massive multimedia wall for MUFSO 50. During the MUFSO Golden Anniversary Celebration the wall came to life with the faces of industry leaders, innovators and favorites who attended the event during its five-decade run, not to mention the visages of some famous keynoters and entertainers.
Here is a highly abbreviated version of one run, or Wall of Memories Mini-Me. Pay attention and see how many VIPs you can spot. (We'll give you the first one: shown above on the screen grab is Leon "Pete" Harman, pioneering KFC franchisee and founder of Harman Management Corp.)
CLICK HERE to view the video
Husband Restaurateurs Say the Funniest Things (VIDEO)
MUFSO Pioneer Award recipient Richard Melman of Chicago's Lettuce Entertain You Enterprises Inc., in accepting the award Monday night, expressed his appreciation for many people, including business associates, his late partner Jerry Orzoff and his wife, Martha. He said he was grateful for the love and support of Mrs. Melman and then told a story about himself that illustrated why, bringing a chuckle to many in the crowd. (Photo by Scott Windus)
CLICK HERE TO HEAR RICH'S TALE
Wednesday, October 7, 2009
"My how you've grown..." (VIDEO)
Join the program in progress by clicking on the following link: INDUSTRY PROGRESS RECAP
Just Slidin' By... (PHOTOS)
SLIDE SHOW: MUFSO's Golden Anniversary Celebration
Photos by Scott Windus
SLIDE SHOW: Hot Concepts celebrated at MUFSO
Photos by Ron Ruggless
Tuesday, October 6, 2009
MUFSO book club
NRN editor Ellen Koteff asked three top executives about their favorite business books during the Tuesday morning general session. Here's what they had to say.
Clarence Otis, CEO of Darden Restaurants: "Good to Great: Why Some Companies Make the Leap ... and Others Don't," by Jim Collins.
Doug Brooks, CEO of Brinker International: "The Five Disfunctions of a Team," by Patrick Lencioni. "You'll recognize the characters in this book," he said. "They all work for you." Brooks also gave a shout out to his mentor, the late Norman Brinker by recommending his autobiography, "On the Brink."
David Brandon, CEO of Domino's: "Given all the challenges today and regulatory attacks on our industry, I'd say the Bible is a good choice," he said, drawing laughter from the crowd.
-- Christi Ravneberg
Something special on the air
"Today’s Special."
That’s the message the National Restaurant Association is trying to get out.
Given the industry’s shrinking top lines and growing competition from forces like Suze Orman and Walmart encouraging people to save money by eating at home, the restaurant industry is facing “a matter of urgency,” said Michael Kaufman, the NRA’s immediate past chairman during the closing day of MUFSO.
Research shows going out to eat is part of our DNA, he noted, but while eating out was a top priority for 24 percent of survey respondents last year, that figure has fallen to 8 percent in 2009. Still, he adds, 36 percent of adults say they would like to eat out more. What they need is a nudge, he said.
To deliver that nudge, the NRA is rallying the restaurant troops to support a public relations campaign highlighting the fact that despite the doom and gloom today is actually special.
An ad set to the tune of the Rolling Stones’ song “You Can’t Always Get What You Want,” bids adieu to the expensive cars, houses and shopping sprees consumers once enjoyed and welcomes the return to a focus on family, friends and community. That, in fact, hope is alive and well and despite everything today is special. The tagline: “Today’s special – Enjoy it at America’s restaurants.”
The campaign will be targeted specifically at Millenials, or those ages 16 to 30, and Boomers, or those ages 35 to 64, Kaufman said. Millenials are still positive about the future, while Boomers are looking for balance and feel they deserve to go out, he said.
The campaign should tug at the heartstrings, but the NRA needs help fighting the industry’s huge new competitor: eating at home. Those who believe that Today’s Special and would like to participate should contact James Balda at jbalda@restaurant.org.
-- Robin Lee Allen
Celebration
While celebrating his Operator of the Year win last night, Jim Greco of Bruegger's Bagels, and his wife, Valerie, shared one of their favorite business -- and life -- mottos:
"As you travel through life, whatever your goal, keep your eye upon the doughnut and not upon the hole."
They said they first came across the expression at the Mayflower coffee and doughnut shops as Jim was first starting in the restaurant industry.
Jim said the saying works well with bagels, too. -- S.L.
A Legion of Honorees
Bruegger’s Greco - Operator of the Year
James Greco, chief executive of Bruegger’s Bagels, was named Operator of the Year by Nation’s Restaurant News during the publication’s 50th annual Multi-Unit Foodservice Operators conference. Greco, shown accepting the award, was selected from among this year’s six Golden Chain award winners, which also included Chuck Fallon of Burger King, Phil Friedman of McAlister’s Deli, Jeffrey Harvey of Burgerville, Randy Kibler of Bojangles’ Famous Chicken ’n Biscuits, and Cameron Mitchell of Cameron Mitchell Restaurants. (Photo by Scott Windus)
FULL STORY AT NRN.COM
Monday, October 5, 2009
Innovation - A Hot Concept Worth Celebrating (VIDEO)
NRN's "A Taste of What's Hot: Hot Concepts! Celebration" Monday night during MUFSO provided NRN editor Ellen Koteff the opportunity to ask leading operators about innovation. See what they have to say by clicking on the link below.
"PLAY ME"
NRN creates award in honor of Norman Brinker
The first Norman award will be given at next year’s Multi-Unit Foodservice Operators conference in Orlando, Fla.
FULL STORY AT NRN.COM
Doing Social Media Right
Operators at MUFSO share strategies for tough times
That was the motto of the day Monday at Nation's Restaurant News' Multi-Unit Foodservice Operators conference in Dallas as keynote speakers, panelists and attendees discussed how best to optimize their businesses during these challenging times.
Read Sarah Lockyer's full daily recap at NRN.com
Reach Out and Touch Someone
Pumpkin Craving
Sunday, October 4, 2009
All Fired Up!
Golden Standard
Friday, October 2, 2009
Dallas & MUFSO - Friends With Benefits?
Click Here for the read (and a peek at the presentation available in the free weekly digital edition of NRN now provided to all subscribers)