Points
of Profit NewsÓ
Points of
Profit News-the newsletter that promotes service excellence, leadership
building and enhanced profits in the restaurant and hospitality industry. This
monthly resource provides quick tips, tools and solutions you can use right
away to instill a passion for service in your business, build real and lasting
profits and help develop your managers into leaders.

March 31, 2002
Issue 23
Ron Yudd, Editor, www.ronyudd.com
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Welcome to
all our new subscribers. Thanks for joining us in our restaurant and
foodservice adventure. A special hello and thank you goes out to the Virginia
Chapter of CMAA for having me down to Charlottesville for a Leadership and
Mentoring program. Thanks for all the positive feedback and your contributions
to a great learning experience. Also, a worldwide hello and thank you to those
that attended the U.S. Army Branded Theme Manager’s Conference earlier this
month. You should feel very good about all your hard work in the classroom on
service standards. Brick by brick you are building excellence into your
operations. Congratulations!
“50 Points of Profit Audio Album”
An audio album that explores 25 Points of Profit in the Back
of the House and 25 Points of Profit in the Front of the House and gives
you the tools to enhance your profitability. Keep in mind that the sales from
all our professional growth audio tools goes to support our Leadership Cares
Foundation’s initiatives. Go to www.leadershipcares.org
and see the two press releases about our recent activities.
Learn about our full line of audio
tools by clicking on www.ronyudd.com/products.php
We’ve been exploring the Five C’s of customer service over the last several months. We agreed that these five things had to be in place as the foundation for any successful business. The five C’s of customer service are:
Comfort-Consistency-Confidence-Convenience-Courtesy
Next month we’ll take a look at convenience, the
“have it your way concept” of customer service.
We explored Hands on Leadership last month. We talked about the value of getting involved and jumping in to help the staff during prime time. We observed that going “hands on” created an atmosphere where teamwork could take hold and flourish.
This month
we’ll take a deeper look at hands on leadership. One aspect of being a
“hands on” leader is being prepared. Being
prepared simply means that you’ve got your stuff together. You are organized.
You have your day all mapped out. You have a “Things to Do List” and work to
get things accomplished. You aggressively attack the job at hand rather than
let things happen on their own. Veteran chefs and managers will tell you if you
simply let things happen rather than go after them—things deteriorate very
quickly. Over the next month check on your “Being Prepared” skills by asking
yourself if you are ready for the day or week at hand. Do you have a plan of
attack; do you have specific things you want to accomplish? Take little steps
at the beginning-each day write down one thing you really what to accomplish
and then go from there.
This
month’s Point of Profit involves a discussion on selecting a purveyor or
vendor. We’ve talked in the past about taking weekly bids, checking quality and
looking at delivery schedules. All of these remain critical items on your
checklist, but there are many other issues to consider as you review your
current relationships or look for new ones. The key word here is relationships.
Today our success as operators is really linked to the alliances and
partnerships we form with our purveyors and vendors. Five things that you
should really consider in this process are:
1. One
Stop Shop Opportunity-Can the purveyor meet most of your needs-from dry goods
to paper supplies? This often saves you time and energy in the ordering and
receiving process. It also is gentle on the accounting process.
2. Real
Quality and Value-Check the consistency of products over time –don’t decide
based on a one time “low ball” price.
3.
Knowledge-This is huge! What expertise does the purveyor bring to the
relationship-for example-can they give you marketing and merchandising advice
and assistance? Do they partner with
you to enhance your menus or presentations?
4.
Emergency Response-this is really about the one on one relationship you have
with your DSR. Is he/she there for you?
5. Timeliness of Information-how fast do they
respond to your questions? Are you important to them?
Take a
look at how your current relationships stack up against our list. We’ll explore
some other things to consider as you go through this process in the next
several issues. Keep in mind that there are purveyors out there right now that
meet and even exceed the above criteria. Be a good consumer and happy shopping!
Do you have a Coach? Take a look at our One-on-One Success Coaching
Programs. Increase the chances that you will reach
your personal and professional goals. Check out this popular way to stay on
course for building personal and professional success. Click on www.ronyudd.com/1on1.php. We have
three levels of personal coaching services available. Email for information and
to schedule a free ½ hour tele-coaching session that will help you get to the
next level in your career and improve your effectiveness in your business. coach@ronyudd.com.
Have you decided on your community involvement project for this calendar year yet? Keep in mind operators that are actively involved in community programs report that they not only receive the satisfaction of helping others but also find their bottom lines in pretty healthy shape. The neighborhood “goodwill” they have created comes back in the form of regular customers. Get involved and enjoy the results—personally and professionally. Of course, if anyone interested in helping out the Leadership Cares Foundation www.leadershipcares.org as his or her community project this year—just give us a ring. You didn’t think I would pass up an opportunity to pitch the things we’re doing in Leadership Cares did you?
One “take home idea” as a reminder----let us know
what your doing on our mentoring challenge. This is the year of mentoring a
young person on your staff with the goal of sharing your wisdom and experience.
Remember young people are not our future---we are their future.
Web Site of the Month-This month’s site is another one from our good friend George Cook. He’s done it again! George is one of my web heroes. He is helping our industry by using the world-wide-web to it’s fullest. It’s about bringing people together and George is one of the very best at doing this. Take a look at www.chefjobsnetwork.com. This is the site for finding the right person for the right job and for others to seek the job that’s right for them. Check out their testimonials and career bookstore pages. I hope George will let me use his career bookstore page on my site—it’s a great resource for job seekers in our industry to get started.
Points of Profit Leadership Inc. helps companies develop their managers into leaders. We are a “one stop shop” for resources and tools for enhancing customer service levels, increasing profitability and developing leadership within your operation.
Points of Profit News is an online means of sharing
information of interest to the restaurant and hospitality community. You are
encouraged to send questions, make observations and share items of interest.
E-mail your ideas, thoughts and contributions along with your name, address and
phone number to: ron@ronyudd.com
Ron Yudd is a recognized expert on
developing profit strategies and customer service solutions. Ron provides his
clients with the tools for their success. He accomplishes this through
keynotes, seminars, workshops, facilitation, consulting and personal coaching.
His keynotes and seminars- Leadership Legacy, Leadership for the Bottom Line,
No One Escapes Customer Service and Mentoring Today for Leaders Tomorrow have
helped business operators focus in on building leadership skills, improve
customer service and enhance the profitability of their operations. He combines
a motivating style with practical “take home” ideas. You can reach him at www.ronyudd.com or email him at ron@ronyudd.com. His office number is
301-540-5791. Copyright 2002 by Ron Yudd.