Remove Innovation Remove Leadership Remove Management
article thumbnail

Are You a Manager or Leader? Here’s How to Tell and Why It Matters

Modern Restaurant Management

Leadership and management are terms often used interchangeably, but they’re far from the same. While managers excel at planning, organizing, and maintaining day-to-day stability, leaders inspire, innovate, and challenge the status quo to drive change. It demands visionary leadership. Can You Be Both?

article thumbnail

2025 Restaurant Outlook: A Recipe for Success with Risk Management

Modern Restaurant Management

However, new uncertainties—from economic pressures to labor shortages—underline the importance of robust risk management strategies as the linchpin for future success. Considering the inflationary and labor strains, proactive risk management and operational adjustments will be crucial to sustaining profitability in the year ahead.

2025 418
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Four Lessons That Shaped My Restaurant Industry Journey

Modern Restaurant Management

Balancing Innovation with Operational Efficiency While technology and innovation have been game-changers for the restaurant industry, there’s a balance to strike to ensure it’s not just innovation for innovation’s sake. Some of the most valuable lessons I’ve learned fall into four key areas.

article thumbnail

Operational Empathy Should Be Part of Restaurant Leadership

Modern Restaurant Management

As competition intensifies, companies must innovate and streamline operations to stay ahead. We didn’t need to “find a manager” to make it happen. As the QSR industry becomes increasingly crowded, understanding operations from the inside out is more crucial than ever. Or perhaps an incorrect food order.

article thumbnail

How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!

article thumbnail

Olo to be sold to an investment firm in $2B deal

Restaurant Business

Still, it takes private one of the industry’s most widely used tech companies and one of its earliest innovators, helping numerous restaurant chains take their businesses online. per share for the online ordering and payment company just four years after Olo went public. Olo was founded in 2005 and works with some 750 restaurant brands.

article thumbnail

A Call for Human-Centric Restaurant Leadership in an AI Future

Modern Restaurant Management

However, as we surge forward, it's imperative to highlight what's missing from today's dining experience and identify the qualities that elevate a great manager to give the next level service assisted by AI, required to succeed in this new environment.