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Creating an Ethos A Missing Part of the Formula for Success Presented by: Dushan Zaric Friday, Oct. 5th, 2012 Thursday, October 4, 12

Ethos bcs 2012

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Creating an Ethos

A Missing Part of the Formula for Success

Presented by:Dushan ZaricFriday, Oct. 5th, 2012

Thursday, October 4, 12

This presentation is available at:

http://www.slideshare.net/dzaric

Thursday, October 4, 12

New Bar-Restaurant anywhere in the world

General Formula:

Thursday, October 4, 12

New Bar-Restaurant anywhere in the world

General Formula:

LOCATIONThursday, October 4, 12

New Bar-Restaurant anywhere in the world

General Formula:

CONCEPT Thursday, October 4, 12

New Bar-Restaurant anywhere in the world

General Formula:

SERVICE Thursday, October 4, 12

New Bar-Restaurant anywhere in the world

General Formula:

LOCATION

+

Thursday, October 4, 12

New Bar-Restaurant anywhere in the world

General Formula:

LOCATION CONCEPT

+ +

Thursday, October 4, 12

New Bar-Restaurant anywhere in the world

General Formula:

LOCATION CONCEPT SERVICE

+ + =

Thursday, October 4, 12

New Bar-Restaurant anywhere in the world

General Formula:

LOCATION CONCEPT SERVICE

+ + =

$$$Thursday, October 4, 12

Marketing & PR

Thursday, October 4, 12

Most restaurants still fail....

Thursday, October 4, 12

"beyond muddled concepts, failure seemed to stem in large part from an inability or unwillingness to give the business sufficient attention, whether due to lack of time, passion or knowledge."

Thursday, October 4, 12

Cornell University and Michigan State University

Study of restaurants in three local markets over a 10-year period:

Thursday, October 4, 12

YEAR 1 - 27% of restaurant startups failed;

YEAR 4 - 50% of those restaurants were no longer in business;

YEAR 5 - 60% had gone south.

YEAR 10 - 70% had failed.Thursday, October 4, 12

30% Success Ratein 10 years

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Simon Sinek’s

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The Golden Circle

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WHY:What's your purpose? What's your cause? What's your belief? Why does your organization exist? Why do you get out of bed in the morning?

And why should anyone care? Thursday, October 4, 12

WHY

HOW

WHAT

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ETHOS

BEST SERVICE, INGREDIENTS, ETC...

FOOD & COCKTAILS

Thursday, October 4, 12

ETHOS

BEST SERVICE, INGREDIENTS, ETC...

FOOD & COCKTAILS

Thursday, October 4, 12

ETHOS

BEST SERVICE, INGREDIENTS, ETC...

FOOD & COCKTAILS

Thursday, October 4, 12

ETHOS

BEST SERVICE, INGREDIENTS, ETC...

FOOD & COCKTAILS

Thursday, October 4, 12

ETHOS

BEST SERVICE, INGREDIENTS, ETC...

FOOD & COCKTAILS

Thursday, October 4, 12

ETHOS

The characteristic spirit of a culture, era, or community as seen in its beliefs and

aspirations.

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YOU

Management

Bartenders, Servers

Apprentices, Bus Boys, Food RunnersDoor People, Kitchen People,

Guests

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YOUR STAFF

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Thursday, October 4, 12

Thursday, October 4, 12

Thursday, October 4, 12

Thursday, October 4, 12

YOUR GUESTS

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Thursday, October 4, 12

Thursday, October 4, 12

“If you hire people just because they can do a job, they’ll work for your money. But if you hire people who believe what you believe, they’ll work for you with blood and sweat and tears.” (Simon Sinek)

Thursday, October 4, 12

Thursday, October 4, 12

?Thursday, October 4, 12

THANK YOU VERY MUCH

http://www.slideshare.net/dzaric

Thursday, October 4, 12