Investing in the future is something most every company aspires to do but few organizations actually do well. That's because, in order to invest in the future, business leaders need to step back from the issues that press them today and think about tomorrow.
What makes pizza so popular? Well, for starters, it represents one of the first and most customizable menu items the foodservice industry has to offer. For years customers have been able to choose their crusts, toppings and more when ordering a pie that suits their tastes. Indeed, it is the culinary control that allows them to create everything from meat-laden to meatless versions of pizza that customers crave.
Throughout American history, we have celebrated the innovation and ingenuity employed by everyone from the pioneers to the patriots in shaping our country. These people used what they had at their disposal to overcome seemingly insurmountable odds en route to achieving their goals and objectives.
Earlier this year SEFA, a foodservice equipment and supplies buying group, celebrated its 25th anniversary. And since its inception, SEFA has evolved considerably with its members. FE&S caught up with Tedde and Jim Reid, founders of the group, to get their perspective on the foodservice industry, dealer-based distribution, training and more.
The topic of sustainability is fairly ubiquitous in today's foodservice industry. And when we discuss sustainability in foodservice circles the conversation tends to focus on local sourcing of produce, energy efficient equipment and, if we're lucky, water and waste reduction. While these are all excellent and important parts of the discussion, it seems to me that we often fail to discuss an equally important aspect of sustainability: our business model.
When the business climate gets tight, it is very easy and common for most people to start to panic. The knee jerk reaction is always, "Well, we have to do something!" And it is during those times that business leaders and, subsequently, their rank and file employees, lose sight of what's really important and start compromising long-term success for short-lived stability.
With the calendar rolling over to June that can only mean two things: my Cubs are already jockeying for a prime position in next season's baseball draft and that the NRA Show has come and gone. So instead of dwelling on the disappointing (the Cubs season to date) I will focus on the positive, which in this case means some key lessons learned from the NRA Show here in Chicago.
In addition to trying to put today's economic climate into a context, Forbes' columnist Rich Karlgaard offered his observations on 10 areas in which successful companies tend to excel during the FEDA Convention in Phoenix.