Multi-Unit Franchisee Magazine Issue III, 2012 | Page 68

and their effects on franchising. He sees no dramatic changes ahead, describing the next 7 to 10 years as a “choppy, grind it out period” in which “there’s not much we can do about it.” The economy, he says, is “not growing very fast, but slowly rising”—a mild, steady improvement from previous years. Johnson said competition for credit will continue, and that franchisee growth will be characterized by a fight for existing market share. The keys to borrowing are a multi-unit organization’s performance history and the brand’s performance history. Europe’s ongoing recession and a worldwide increase in the demand for food supplies should continue, driving commodity prices upward, he said. One potential red flag he raised concerned hiring new managers in the coming years. Noting that the only demographic group that is shrinking is those aged 35 to 44—the “ideal” age for managers—he asked, “So where do you go to bolster your management team?” He also noted that multi-unit growth continues to be fast and dramatic—even joking that we were witnessing the “multiunit march toward world domination.” Johnson closed with a thought from management guru Peter Drucker: “People who don’t take risks make about 2 big mistakes per year. People who do take risks make about 2 big mistakes per year.” (For his most recent thoughts and observations, see his column on page 82.) 64 Multi-Unit Franchisee Is s ue III, 2012 The afternoon’s keynote address was to be delivered by the NFL’s all-time winningest coach, Don Shula, accompanied by his son Dave. However, right before the conference, Don was admitted to the hospital with doctors’ orders not to travel. But Dave—with a few playing and coaching years of his own in the NFL—stepped up and handled the address just fine, sharing stories of his father’s football career and approach to life. The Shula family started a chain of steak restaurants in Florida in the late 1980s. Dave’s restaurant experience and conversational approach helped him relate to many of the franchise operators in the room through both successes and failures. One humorous analogy he offered, “In football, you kick your opponent’s butt, in the restaurant business you kiss your customer’s butt.” He laid out a six-point plan for being successful in football or franchising. It boiled down to having a good plan, hiring right, training, accountability and follow up, innovation, and focusing on your core strengths. Solution sharing and wrap-up The remainder of the morning allowed attendees to join business solution roundtables and breakout sessions covering topics such as social media, marketing, financing, and growth strategies. Following lunch in the Expo Hall, the group recon-