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SERVICES |
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Delicious Acquisition - A Case Study |
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Client:
Restaurant Chain
Goal:
The company had recently
acquired another restaurant group. Their goal was to increase the
brands presence in the eastern U.S. and maximize profits through
volume purchases and consolidation of the corporate management
staff.
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Restore morale and trust among
management and employees.
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Build and strengthen trust,
teamwork and communication amongst:
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Motivate management and
employees to share and achieve set corporate objectives.
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Train and educate staff from
the acquired company on the corporate culture, procedures and
products of the parent restaurant group.
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New product and procedural
training for entire staff.
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Coordinate break-out sessions
and manage flow to facilitate training and education.
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Accomplish all of the above in
a four day, three night off site meeting.
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Select an offsite destination
that easily was accessible by car or air.
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Select a resort property that
could accommodate the group, yet small enough to maintain the
integrity of the program.
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Offset all the costs associated
with such an endeavor.
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Challenges: The acquiring
company selected the best candidates for each position from the two
restaurant group’s management and employee staffs. As in many
corporate restructurings, when positions are consolidated, even the
remaining staff may experience job related stress causing company
morale to decline.
The Insight Staff listened intently as Senior Management described
the desired objectives; and challenges their company was now facing.
Insight’s first order of business was to determine the strategies
and solutions best suited for:
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Achieving the client’s
objectives.
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Overcoming the challenges.
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Offsetting the cost of the
program.
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Insightful
Solutions:
- Create value added Supplier
Sponsorships to offset the cost of all elements of the program.
In addition to the ‘traditional” sponsorship advantages; The
Insight Team created opportunities for the suppliers to conduct
product training for the entire restaurant staff and network (in
an informal environment) with the client’s purchasing agents.
This strategy garnered tremendous participation from a wide
range of supplier’s; from the restaurant software vendor, to
liquor and wine distributors, to produce and meat suppliers. All
of the sponsors recognized that the more familiar the restaurant
staff was with the sponsored products, the more likely the staff
was to use and promote them to the restaurant guests.
In fact, this strategy was so successful, that the entire
program costs were offset by supplier sponsorships, with funds
left over for future events.
- Insight designed a
fast-paced meeting agenda that promoted the attendees
engagement, focus and interaction. The benefits derived from
integrating teambuilding with the training and educational
seminars were invaluable in achieving the client’s meeting
objectives.
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The meeting was
definitely a success. This email received from the client says it
all: “Hallie & Len,
Thank you so much for everything
you both did to make this year’s meeting so successful. I have heard
nothing but positive feedback from our employees and wonder how we
are ever going to top this next year.”
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