The 95/5 rule

Posted on September 7, 2024 by Riccardo

Every decision I made seemed to expose the natural tensions between improving the quality of the experience the guests were having and doing what was best for the business. Restaurant-smart meant leading with trust—including allowing the people who worked for me to do what they felt was best for the guests. Corporate-smart meant running a tight ship. Which was right?

Will Guidara's answers his own question:

Manage 95% of your financials down to the penny while spending the remaining 5% “foolishly”, and “splurging” the 5% on the guest experience to create an unforgettable experience.

Source: Will Guidara: Restaurant Smart vs Corporate Smart

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