Is creating an emotional bond or emotional engagement really what you’re after when working with prospective candidates who are interested in your franchise? If your job function is in franchise sales you’ll probably say “Yes”. If you’re a CEO you’re likely thinking “No?”. The nature of the franchisor-franchisee relationship is complex and must begin with a proper alignment of expectations if you want to achieve long-term viability.
Are Emotionally Engaged Buyers Really What You Want?
Posted on 13. May, 2010 by Clint in Franchising, Management Philosophy
Symptoms vs Problems
Posted on 12. May, 2010 by Clint in Franchise Technology, Franchising, Management Philosophy
Quite often we speak with franchising executives about the challenges they’re facing. During these conversations, one subject that is commonly broached is the challenge surrounding franchise sales/development. Many times what the organization’s leadership is explaining to us are symptoms of a problem, but they’re looking for a solution that only treats this symptom. The reality […]
The ROI of Cloud Computing – Some Key Metrics
Posted on 05. May, 2010 by borourke in Cloud Computing
K Jackson had an interesting post recently on a Cloud Computing research report. The Open Group has published a white paper on how to build and measure cloud computing return on investment (ROI). Produced by the Cloud Business Artifacts (CBA) project of The Open Group Cloud Computing Work Group.
What Impedes Innovation in Franchise Organizations ?
Posted on 02. May, 2010 by borourke in Management Philosophy
When speaking with most franchise industry people, and there are some exceptions out there, most of their views represent the closed model. If it doesn’t fit their view of the world, mostly based on quarter century old paradigms, then it won’t fly.
Franchise Leadership – The Near Term Vs. Progress
Posted on 26. Apr, 2010 by borourke in Management Philosophy
Most, if not all, of the significant challenges facing organizations today result from the failing of leadership to convey the value of long term goals to stakeholders for fear of the near. The “Tyranny of the Urgent”, as Hummel wrote, get in the way. Nowhere is this more true than in the franchise business model, where the temptation of selling franchises that hold promise for easy riches in the near term undermines any hope for longevity and true value creation.
WSJ Article Points to Continued Borrowing Challenges
Posted on 21. Apr, 2010 by borourke in Franchising
Improving internal systems, methods and support to really help existing franchises achieve greater profit and stability is more important than ever. Franchise flywheel represents the type of tools ZOR’s should be adopting to put an emphasis on improving core capabilities until the damper on growth passes.
NYT Article Touts Cloud Computing
Posted on 19. Apr, 2010 by borourke in Cloud Computing
You see while larger organizations might be wary of the Cloud, each day they fail to shift their IT infrastructure to the Cloud is a day the competition is gaining a leg. The same is true for all industries including franchising.
Franchisor Ignorance Is Bliss – Is $150 a Month Too Much To Ask ?
Posted on 18. Apr, 2010 by borourke in Franchise Technology, Management Philosophy
Do you think franchising generally has ignored the benefits that technology and systems offer? What can explain this type of thinking? We continue to mine for the insightful ZORS who can see the value in the franchise flywheel. Can you help us find some more evolved ZORS to speak with?
Franchise Business Models Face Increasing Pressures
Posted on 06. Apr, 2010 by borourke in Franchising
Bottom line is the SOP is not going to likely work for most franchise systems given the degree of change going on. If you are a manager, executive or franchisee, how aware are you of these pressures and do you concur with the analysis that your business models are feeling significant and greater pressures requiring fundamental change ?
What is Cloud Computing Exactly ?
Posted on 06. Apr, 2010 by borourke in Cloud Computing, Franchising
I take for granted that many people understand what “Cloud Computing” is. Speaking at different events and talking with clients in franchising and other industries, I’ve become more aware that many don’t truly understand what the term “Cloud Computing” means.