Page 98 - Everything I Know About Business I Learned
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Everything I Know About Business I Learned at McDonald’s



            over percentage of crew, and a dozen other areas. This constant
            review of key metrics helped to develop many of our staff mem-
            bers into competent, effective managers. Ray Kroc was famous
            for asking what your volume was and how business was per-
            forming. He was genuinely interested, and that kept us on our
            toes. You never knew how he, or other executives after him,
            would question you. We always knew our numbers. And it made
            folks like me understand that the key to running a business is to
            understand how it’s performing. And in the final analysis, that
            is done by clear, objective metrics.




              Lesson Learned
              Measurement. Always insist that goals have key metrics. Define
              them. Explain them. Measure them. Celebrate their
     68       achievement.




              Measurement also served to disprove any falsehoods in the
            field in the occasional struggle to get operators to comply with
            standards. It was a tool Ed Rensi used when determining why
            owner/operators tried to avoid keeping up with new equipment
            requirements. “When we first got into the new shake machines
            the franchisees were concerned about it. They said it was hard
            to tear down, it’s this and that.” As Ed tells it, he set out to assess
            precisely why the franchisees were having so much difficulty with
            the shake machines: “I roamed around the stores, and the crew
            wasn’t having any trouble with it. It seemed the franchisees didn’t
            want to spend the money, and they were using the fact that it was
            difficult to set up and tear down as an excuse not to make the
            investment. So I started a contest at Hamburger University to put
            the machine together blindfolded! All of a sudden we had folks
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