Give at least three companies that are popular nowadays.Name their CEOs/owners/presidents.Cite the different roles,function,and skills that they perform in running their business.
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Give at least three companies that are popular nowadays.Name their CEOs/owners/presidents.Cite the different roles,function,and skills that they perform in running their business.
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Answer:
No. 3: Bob Chapman, CEO of Barry-Wehmiller
Chapman became chief executive officer of family-owned Barry-Wehmiller in 1975 at age 30, after the untimely death of his father. Today, $2-plus billion Barry-Wehmiller is a combination of more than 80 acquired companies with over 11,000 team members in more than 100 locations around the globe.
As Chapman states in his book, Everybody Matters: The Extraordinary Power of Treating Your People Like Family, his early focus as CEO was on financial success. That soon faded as he came to the realization that being a good steward of the business meant making sure that his employees received more than just a paycheck in return for their time and talent.
"I was in the midst of raising six kids, feeling the deep sense of responsibility of making sure they were cared for and had the tools to develop into the people they were meant to be. It dawned on me that I wanted to give that same opportunity to the team members who worked for me," recalls Chapman in his TrulyHumanLeadership blog.
Since the early 2000s, Chapman has championed the transformation of Barry-Wehmiller's culture into one focused on bringing out the best in its people through communication, trust, celebration, respect, continuous improvement, and responsible freedom. "We now have a new way of defining our success," says Chapman. "At Barry-Wehmiller, we measure success by the way we touch the lives of people."
No. 2: Ari Weinzweig, founding partner of Zingerman's Community of Businesses
Along with his partner, Paul Saginaw, Weinzweig started Zingerman's Delicatessen in 1982 with a short sandwich menu and a staff of two. Today, Weinzweig and Saginaw have built Zingerman's into an organization with 10 companies, $64 million in revenue, more than 750 employees, and 22 managing partners. Zingerman's is truly an Ann Arbor, Michigan, institution--the source of great food and great experiences for over 500,000 visitors every year.
Their sustainable vision for what great leadership looks like is founded on Robert Greenleaf's idea of Servant Leadership, now referred by others as the "Zingerman's model." This model begins with Weinzweig's belief in the power of "visioning" and includes a commitment to Open Book Management and opportunities for employee ownership.
Under Weinzweig and Saginaw's leadership, Zingerman's has become an advocate for anti-oppression and anti-racism, clearly celebrating the virtues of diversity with big goals in mind. Their website's "Commitment to Diversity" statements declare:
Weinzweig has received praise for many of his books, including the Zingerman's Guide to Good Leading series, which includes his latest: Zingerman's Guide to Good Leading, Part 4: A Lapsed Anarchist's Approach to the Power of Beliefs in Business.
Favorite quote: "Beliefs underlie every single thing we do, both individually and organizationally. Beliefs are like the root system of our lives. In my metaphor, I started to look at organizational culture as the soil. Clearly the quality of the soil will have a huge impact on what's planted--new ideas or new people--in the organization."
No. 1: Cheryl Bachelder, CEO of Popeyes Louisiana Kitchen
Bachelder's story, documented in her book, Dare to Serve: How to Drive Superior Results by Serving Others, is the most compelling case study to showcase the power of servant leadership to reinvent a company from the inside out. This was also compelling enough for me to award her the No.1 ranking.
When she was named CEO in 2007, guest visits had been declining for years, restaurant sales and profit trends were negative, and the company stock price had dropped from $34 in 2002 to $13. The brand was stagnant, and relations between the company and its franchise owners were strained.
By 2014, sales were up 25 percent, profits up 40 percent. Market share had grown from 14 percent to 21 percent, and the stock price was over $40 (it is holding at $78 as of this writing). The franchisees were ecstatic with the turnaround and began reinvesting in the brand, many remodeling their restaurants and building new ones around the world.
The difference?
Because of this turnaround success, Bachelder was the recipient of the 2015 Norman Award by the U.S. restaurant industry, which recognizes an industry executive whose leadership has made a significant impact on his or her industry peers.
Favorite Bachelder quote: "I must know you to grow you."
Unfortunately, Popeyes Louisiana Kitchen earlier this month announced the end of an incredible CEO tenure and success story. Bachelder will step down as the fried chicken chain is sold to Restaurant Brands International, the owner of Burger King and Tim Hortons, for $1.8 bilion.