Multi-Unit Strategies - Discipline of Patience
Company Added
Company Removed
Apply to Request List

Multi-Unit Strategies - Discipline of Patience

Multi-Unit Strategies - Discipline of Patience

The need to grow from hands-on management to influential leadership is a challenge every franchisee must overcome on their way to becoming a successful multi-unit operator. Though the journey is different with no one-size-fits-all approach, there are well-trodden paths to making the transition from day-to-day management to strategic leadership. Successful multi-unit operators understand that the path to great leadership never ends.

We recently interviewed a number of operators who shared their secrets to making the transition from managing to leading. Here's some of what they had to say.

Allen Peake, a former multi-unit, multi-brand owner who was CEO of RMS Family Restaurants, where he operated 135 restaurants under five brand names before selling in 2000.

 

Pause for perspective

The transition from the daily grind to strategic leader often requires the discipline of patience--a trait that has served longtime franchisee Allen Peake well. Over the years, Peake has seen what works and what doesn't. He's been a multi-unit, multi-brand owner and was CEO of RMS Family Restaurants, where he operated 135 restaurants under five brand names before selling in 2000.

During a transition of growth and leadership it's sometimes good to step back and pause for perspective, says Peake. "It is absolutely critical that you not grow too fast and make sure you are well-positioned from a people standpoint before you really get going," he says. "That is where people fail: they grow too fast without the people infrastructure in place."

Published: November 26th, 2019

Share this Feature

Arby's
SPONSORED CONTENT
Arby's
SPONSORED CONTENT
Arby's
SPONSORED CONTENT

Recommended Reading:

Comments:

comments powered by Disqus
UBreakiFix
ADVERTISE SPONSORED CONTENT

FRANCHISE TOPICS

Urban Air Adventure Park
ADVERTISE SPONSORED CONTENT
Conferences
Caesar's Forum, Las Vegas
APR 6-9TH, 2021

When simplicity is the essence of your business model, clients and owners benefit. Clients want a predictably wonderful experience with every visit....
Cash Required:
$100,000
Request Info
Team up with World Gym and become part of our global fitness franchise family.
Cash Required:
$300,000
Request Info

Share This Page

Subscribe to Multi-Unit Franchisee Report