Viewpoint
The Millennials are Coming: Do you have a Strategy? by Bob Gershberg, CEO & Managing Partner,
Wray Executive Search
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Bob Gershberg
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They are vibrant, adventurous and they dream big. There are over 80 million of them. They are expected to spend more than $200 billion annually starting in 2017. Due to the multiplicity of opportunities available to them Gen-Yers are mobile, unlike their brand-loyal predecessors. Their choices are informed and motivated by their own experience and those of their peers. They are highly educated, skilled and far more entrepreneurial than earlier generations. They have high expectations about their careers and want to be well paid and maintain a work-life balance. The objective of the generation is to earn an income to maintain their lifestyle rather than to pay off their debts. Saving is not a high priority for Gen-Y, as they believe in "living for the day". Full Article � |
Ignite Restaurant Group Announces New Brand Leadership
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DineEquity, Inc. Announces Appointment of Steven Layt as President of Applebee's Full Article �
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Einstein Noah Restaurant Group Appoints Director Michael Arthur as Interim Chief Executive Officer and President. Company Accepts Resignation from Jeff O'Neill. Full Article �
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Starbucks Names New Leaders for Teavana and Canada. Full Article �
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Ignite Restaurant Group Appoints Robert S. Merritt to Its Board of Directors.
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Mediterranean style restaurant chain Zoe's Kitchen filed with U.S. regulators to raise up to $80.5 million in an initial public offering. Full Article �
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Sbarro, a chain of 800 pizza restaurants in the U.S., filed for bankruptcy protection for second time in three years as customer traffic slowed in the shopping mall food courts where it does much of its business. Full Article �
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Jamba, Inc. Announces Fourth Quarter 2013 and Fiscal Year 2013 Financial Results. Net income improved by $1.8 million to $2.1 million compared to a net income of $0.3 million for the prior year. Full Article �
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Ignite Restaurant Group reported financial results for the fourth quarter and fiscal year ended December 30, 2013. Full Article �
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Chuy's Holdings, Inc. announced financial results for the 13-week and 52-week periods ended December 29, 2013. Full Article � |
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The Wendy's Company reports final 2013 results; reaffirms 2014 outlook. Full Article � |
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Bloomin' Brands, Inc. Announces Fourth Quarter Adjusted Diluted Earnings Per Pro Forma Share of $0.27, a 35.0% Increase Versus 2012; GAAP Diluted Earnings Per Share of $0.46. Full Article � |
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DineEquity, Inc., the parent company of Applebee's Neighborhood Grill & Bar� and IHOP�restaurants, today announced financial results for the fourth quarter and full year of 2013. Full Article � |
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Six Steps to Accurate Hiring Decisions
by Rebecca Patt, Vice President of Development, Wray Executive Search
Don't just go with your gut. Make sure your interviewing process includes these six steps, and you will have much greater success in building a winning team. Full Article �
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Culture Matters
Post -Merger Integration Begins Before The Close by Tom Rollert, Vice President of Culture Integration, Wray Executive Search
 | | Joe Radice |
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Why don't most mergers live up to expectations? It is rarely the finances or the technology. Occasionally it is the overly ambitious strategy of executives. Mostly, it is poor execution of the actual combining of the companies involved. Merger successes usually revolve around disciplined evaluation, planning and handling people issues -- loss of key staff, culture clash, fear/doubt, and last but not least, poor communication and interaction between employees of the merging organizations. Full Article �
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Leadership
Sometimes It Takes Failure to Ultimately Lead to Success by Harvey Deutschendorf
 | | Harvey Deutschendorf |
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"If you want to increase your success rate, double your failure rate." - Thomas Watson Jr., former CEO of IBM
As children, we are naturally inquisitive, curious, eager and willing to try new things. When they don't work out we are quick to move on and try something else. We don't waste time or emotions worrying about what didn't work, we simply move on to trying something else. Then something terrible happens. We learn that failure is unacceptable and are admonished, shamed and ridiculed for it. Full Article � |
Training & Development
Talent Transformation: Why It's Important to Keep Developing Your Team by Laura Stack
 | | Laura Stack |
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Every organization has its "Campers" - uninspired workers who hunker down and do only what they have to, waiting for the weekend to come, and eventually, retirement. They meet the minimum requirements of their positions, but you rarely get much more out of them. They've either reached their career goals or given up on their dreams, accepting what they've achieved as the best they can do. They'll stay where they sit, thanks very much. Full Article � |
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