Franchise Update Magazine Issue IV, 2011 | Page 15

CEO profile: anything less than excellence; and Tom Monaghan, founder of Domino’s Pizza, who taught me the power of honoring a model and keeping it simple. What is your biggest leadership challenge? Any strength out of balance is a potential weakness. As an entrepreneur, it’s easy to want to continue to evolve and make changes. Sometimes that’s good, but you need to know when to stay the course. How do you transmit your culture from your office to front-line employees? You have to know who you are and what you stand for, and your team needs to buy into that. That comes from bringing the right people into the organization. We strive for what we refer to as “Frantegrity.” Our team understands what operating within a Frantegritybased culture feels like. Where is the best place to prepare for leadership: an MBA school or OTJ? On the job. Are tough decisions best taken by one person? It depends on the situation. There’s a difference between responsibility and accountability. Although I have a team of people who are responsible for making certain decisions, as a leader I need to be held accountable for the decisions they make—good or bad. My team needs to know that I’m willing to play that role. How do you make tough decisions? I go back to that guiding principle of Frantegrity and ask myself: What’s the right thing to do? I find that so many decisions can best be answered by that question. Very often I lean on and rely upon my team—they’re a good sounding board. There’s a difference between responsibility and accountability. Although I have a team of people who are responsible for making certain decisions, as a leader I need to be held accountable for the decisions they make—good or bad. I think you need both to be successful. Advice to president wannabes: First and foremost, establish a foundation of what you want your organization to represent both professionally and culturally. Then you have to select, without compromise, the corporate staff and franchisees who will honor your organization’s overall philosophy. to inspire and lead through emotion rather than policy. I care deeply about the folks I have the privilege to work with every day and the franchisees we have the opportunity to support. What does your management team look like? The Ann Arbor office is focused on support services such as development, legal, finance, and IT, whereas our regional offices provide more tech and field support. We treat our administrative side of the company as a stand-alone business entity that launches brands. Then each brand is run by a franchise operations director, a director of marketing, and an operations manager. As the system grows, we adjust the support team accordingly. How does your management team help you lead? Through honest and open communication and feedback. Favorite management gurus/books: I believe in former NFL coach Tony Dungy’s philosophy on being a culturedriven coach and leader and enjoy his books. I also find myself going back and re-reading Good to Great by Jim Collins. What makes you say, “Yes, now that’s why I do what I do!” Our annual con- vention. Statistically within the franchise industry, less than 50 percent of franchisees show up for national conventions. We average close to 90 percent every year. When our franchisees want to come back and see our staff and their peers every single year, it says something. It’s also wonderful to see our staff grow and advance their careers. Personal Management Describe your management style: Do you want to be liked or respected? What time do you like to be at your desk? At work, the first thing I do is I am very culture-driven and prefer walk around greeting the team mem- Franchiseupdate Issue I V, 2011  13