Page 210 - Everything I Know About Business I Learned
P. 210

Everything I Know About Business I Learned at McDonald’s



            at a five-star restaurant ourselves; we were still dazzled by the
            thought of a night out on the company. But as retired senior
            executive Paul Schrage told me, “It recognized you as more than
            just that guy who comes to work every day.”
              And the use of recognition has other benefits as well. In an
            article entitled “Being Smart Only Takes You So Far” published
            in the January 2007 issue of Training and Development, the
            author, Bob Wall mentions: “Leaders should increase the
            amount of praise they offer to staff. Yet a recent Gallop Poll
            revealed that 65 percent of Americans haven’t received
            recognition in the past year. A United States Department of
            Labor study found that the number one reason why people leave
            organizations is that they don’t feel appreciated. The Gallup
            study found that increasing employee recognition lowers
            turnover, raises customer loyalty, and increases productivity.”

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            Roots and Wings
            McDonald’s arguably takes employee recognition a step further
            than most organizations. Its home office includes “Partners
            Park,” situated on McDonald’s landscaped campus. The park
            features a circular wall on which is inscribed the names of every
            employee who has served the company for 25 years—a
            corporate version of a star on Hollywood Boulevard. The wall
            surrounds a huge bronze sculpture, a replica of the award that
            all partners receive to commemorate their 25 years at the firm.
            The sculpture is called “Roots and Wings,” the phrase I’ve heard
            spoken by Fred Turner, the former chairman and CEO of
            McDonald’s, now the company’s honorary chairman. “Roots”
            is McDonald’s very foundation—its standards, ethics, quality,
            service, and cleanliness (QSC). “Wings” evokes the latitude
            employees are given to tweak and prod the system in striving
            forward. Its message is clear.
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