Restaurant News Resource - CEO Strategist Restaurant Industry News

Jobless Recovery - Every time I hear this term I want to vomit. Wikopedia states - A jobless recovery or jobless growth is a phrase used by economists to describe the recovery from a recession which does not produce strong growth in employment.

Leadership is brutally tested by economic challenge. If you aren't prepared, if you have no plan, things can become extremely difficult. Planning carefully prevents knee jerk decisions. The point is this, if you haven't done any planning beyond what you are going to do for lunch - Now is the time to start.

The primary focus of your company's operations should always be on having uniformly excellent customer service. However, service excellence is mandatory during turbulent economic times.

Many of you may assume that due to the current economic crisis business is going to be in the tank for a long time. Well, there may be some segments of business that take much longer to recover than most but I still believe in our free enterprise system. I also believe that the market itself will make the corrections necessary whether the government intervenes with massive spending or not.

Ask yourself this question, 'Does attitude really matter?' I'll answer it for you. The answer is unequivocally --- YES! Attitude has an impact on everything you do. This includes both your business life and your personal life. Attitude can be either positive or negative and both types can change the way you think, feel and act.

More than ever before, 2009 will demand of most companies the ability to achieve measurable results that are specific to profitability, growth, cost containment and operational effectiveness. Of course, none of this will be possible without leadership and organizational change.

'Employees won't start respecting you until YOU start respecting them.' - 'Employees won't start trusting you until YOU start trusting them.'

The Pygmalion Effect - Have you ever heard the term 'A Self Fulfilling Prophecy'? That is what the Pygmalion Effect is all about. You begin to talk so negatively about your sales challenges that you begin to believe in your own whining.

You are today what you thought about yesterday. Chances are you will be tomorrow what you think about today. That is why it is so important that you learn from life itself. Life is a great teacher. Mistakes build character. Every attitude you display is a reflection of your character. Character is who we are. Our character is based on what life has already taught us.

Being a President, CEO or the owner of a company can get lonely at times. This is true even if you are an excellent leader and have developed a top notch executive staff.