Quality Matters: An Excerpt from ‘Around the Corner to Around the World’

Robert Rosenberg served as chief executive officer of Dunkin Donuts from 1963 until his retirement in 1998, growing it from from 100 shops and $10 million in sales when he first became CEO, to 6500 outlets including Baskin Robbins Ice Cream Shops and nearly $2.5 billion in sales when he retired 35 years later.

Among the key takeaways from Rosenberg’s story and in-the-trenches wisdom are:

The four primary functions of a leader  When to take a business public and when to sell How to lead and build team trust in a crisis The value of a brand How to establish mood and morale in an organization How to measure the likelihood of a franchises’ success and scalability In this excerpt from, "Around the Corner to Around the World: A Dozen Lessons I Learned Running Dunkin Donuts," Rosenberg explains why quality must always come first. 

 LESSON THREE: Quality MattersI am hard pressed to think of any long-lived business that doesn’t have, at its core, exceptional quality in…