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Denny’s CEO reveals the key to keeping his turnaround on track
Fox Business • • business
Key Points:
- Denny’s CEO Christopher Bode emphasizes focusing on key priorities, guided by the principle "Manage what you must, not what you can," to effectively turn around the diner chain.
- Bode warns against "organizational creep," where taking on too many projects can dilute focus and harm business performance, urging his team to stay centered on the five pillars of "Project Grand Slam," Denny’s turnaround strategy.
- He highlights the importance of humility and attentive listening, especially to franchisees who bear significant financial risks, underscoring their critical role in the company’s success.
- Bode advises business leaders to remain humble and value franchisee relationships, stressing the collective strength of "we" over individual efforts in leadership.
