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Viewpoint
Really?
by Bob Gershberg, CEO/Managing Partner Wray Executive Search
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Bob Gershberg
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"Good morning Mr. Fumblebaum. I'd like to thank you for taking the time out of your busy schedule to meet with our search committee to interview for our CEO position. Why, I see here that while at the helm of your current brand you've seen 12 quarters of declining comps. These sure are challenging times, Mr. Fumblebaum. We've been sliding during that period as well. Balance sheet has seen substantive deterioration during your tenure too. Damned tough waters we swim in these days Fumblebaum."
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Quotes
"A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well."
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--Jeff Bezos
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Transition
Going Through a Transition? Read This
by Rebecca Patt, SVP Development, Wray Executive Search
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Rebecca Patt
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Recently, I found myself in a transition. The word "transition" popped into my mind as a good word to describe the big picture of the puzzling situation. Because I enjoy a magically synchronistic relationship with books and have used to books to synthesize much of my knowledge, I typed the word "transition" into my Kindle. Suddenly an ideal book appeared, which I subsequently devoured, entitled Transitions: Making Sense of Life's Changes by William Bridges.
Mr. Bridges articulates point-by-point some of the inner phenomena everyone goes through during big changes in life and shows how it is a universal experience. He talks about how ancient cultures would mimic the transitory phases to bring impact to their sacred rite-of-passage rituals and how the process is told and retold in the world's ancient myths. He offers hope, inspiration, structure, and a voice of reason for those lost in the wilderness of transition.
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Financial Edge
The Disruptor
by David Ulrich, EVP Wray Executive Search
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David Ulrich |
According to the on-line Wiktionary site, there are two definitions of Disruption that are shown, 1) To throw into confusion or disorder and 2) To interrupt or impede something. The word disruption seems to be widely used within media outlets such as CNBC, and is associated with the technology companies like Google, Facebook, and PayPal, among others.
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What's New
2016 Restaurant Finance & Development Conference Preview
by Kevin Stockslager, Associate Vice President at Wray Executive Search
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Kevin Stockslager |
This time next week, leaders in the restaurant and financial industries will converge upon Las Vegas, NV from November 14th-16th for the Restaurant Finance Monitor's annual Restaurant Finance & Development Conference (RFDC). Billed as the "premier financial conference in the restaurant industry," the conference provides an opportunity for restaurant owners, operators, and executives to connect with finance companies, investment banks, private equity firms, and other financial institutions to find financing, buy or sell businesses, and locate new or existing business opportunities. It promises to be an exciting and informative networking event for all in attendance.
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