Jim Taylor of Benchmark Sixty and Adam Lamb discuss the prevailing operating assumptions of running a restaurant in favor of innovative solutions to our industry's most persistent challenges.
Turning the Table Is the most progressive weekly podcast for today's food and beverage industry, featuring staff-centric operating solutions for restaurants in the #newhospitalityculture.
Join Jim Taylor of Benchmark Sixty and Adam Lamb as they "turn the tables" on the prevailing operating assumptions of running a restaurant in favor of innovative solutions to our industry's most persistent challenges.
Sponsored by Benchmark Sixty Restaurant Services
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This show is sponsored by Benchmark Sixty; check out their unique staff retention solution.
In partnership with Realignment Hospitality
Well, welcome everybody to the very first episode of turning the table.
Adam Lamb:Today's episode is called retention is the new cool.
Adam Lamb:And currently we are waiting for my guest host or cohost.
Adam Lamb:Jim Taylor, he's actually in a car racing back through the
Adam Lamb:traffic in British Columbia.
Adam Lamb:Him and his wife had a baby checkup this morning.
Adam Lamb:So we're hoping that everything is perfect and we'll bring him on in a
Adam Lamb:second, as soon as he joins this stream.
Adam Lamb:So we decided to try this hashtag lunchbox live stream as a service
Adam Lamb:to the industry that we all love.
Adam Lamb:The hospitality industry and intended it to be something that would be
Adam Lamb:short, sweet, quick punch in your mouth, give you some stuff to go
Adam Lamb:home or go back to the shop with and.
Adam Lamb:Work at some staff centric solutions for some of the operational challenges
Adam Lamb:that the industry is facing today.
Adam Lamb:Or as my friend Chris hall from the Bern chef pro project likes
Adam Lamb:to call it this profession.
Adam Lamb:He refuses to call it an industry anymore because the industry connotates
Adam Lamb:this kind of huge monolith that sits on our shoulders and squashes us down.
Adam Lamb:And I completely agree that we are.
Adam Lamb:able to chart our path through this wonderful career field.
Adam Lamb:If only we are focused on the values that matter to us and look for an
Adam Lamb:organization whose values match that.
Adam Lamb:So why we decided to do this was because we love the industry.
Adam Lamb:You know, Jim's been posting a series of really engaging posts on LinkedIn around.
Adam Lamb:This discovery, he made a couple years ago, like, oh geez.
Adam Lamb:Now I'm a consultant.
Adam Lamb:Like after 20, 25 years in the industry and building up this huge
Adam Lamb:amount of experience and, and Now all of a sudden, because of COVID and
Adam Lamb:some other circumstances he's kind of outside looking in and he makes
Adam Lamb:a relevant point is that none of us actually start out to be a consultant.
Adam Lamb:So speaking for myself, I was 35 years in the industry as an
Adam Lamb:executive chef corporate chef.
Adam Lamb:Got in the business.
Adam Lamb:When I was 15 years old as a dishwasher, I went to work at the restaurant that my
Adam Lamb:father liked to go to the neighborhood big wheel restaurant in Hammond, Indiana.
Adam Lamb:What's up, buddy?
Adam Lamb:Hey.
Adam Lamb:Yeah, just got going.
Adam Lamb:And the entire internet dumped on me.
Adam Lamb:I was like, oh no.
Adam Lamb:So here we are.
Adam Lamb:We're live.
Adam Lamb:all right.
Adam Lamb:so I just was talking to everybody about.
Adam Lamb:why we decided to do this.
Adam Lamb:Yeah.
Jim Taylor:Well, I mean, we decided that it'd just be good to have
Jim Taylor:some good, healthy discussion about what's going on in the industry.
Jim Taylor:Right.
Jim Taylor:I mean, right.
Jim Taylor:Labor, shortages, retention, inflation, you know, all these different things.
Jim Taylor:The games just changed a little bit.
Jim Taylor:Right.
Jim Taylor:So it'd be good to have some discussions and see what kind of problems we can.
Adam Lamb:Yeah.
Adam Lamb:We were getting into some spirited hold on.
Adam Lamb:I was just letting everybody know that we're just reconnecting.
Adam Lamb:There we go.
Adam Lamb:We're alive on LinkedIn.
Adam Lamb:, you know, I guess the why for us is that we both come from an
Adam Lamb:industry that we both still love.
Adam Lamb:You know, I was talking about the posts that you were doing about, you
Adam Lamb:know, like who the hell ever plans on becoming a consultant like, oh,
Adam Lamb:geez, that's what I really want to do.
Adam Lamb:and my reply to you is like, you know, that's almost like asking for,
Adam Lamb:that's like asking to be like, like rid hard and put up wet by the folks
Adam Lamb:who are still in the industry, like who all of a sudden, because we're.
Adam Lamb:You know, on the line with them or running the floor with them, all of
Adam Lamb:a sudden we become like superfluous.
Adam Lamb:Like we don't necessarily have a a big volume of knowledge and experience
Adam Lamb:with which to be able to assist.
Adam Lamb:Yeah.
Adam Lamb:And so sometimes it's like being a glutton for punishment has been my experience.
Adam Lamb:but you've had a little bit of different experience.
Adam Lamb:I.
Adam Lamb:. Jim Taylor: Yeah.
Adam Lamb:And, and to your comment about the, the becoming a consultant by accident,
Adam Lamb:it's funny because I'm sure a lot of people who are in, in operations, in
Adam Lamb:restaurants, front of house or back of house, mm-hmm in a lot of ways can
Adam Lamb:relate to the experience I got into restaurant management by accident too.
Adam Lamb:Did you really.
Adam Lamb:Well, it's kind of that surprise.
Adam Lamb:You're the manager type thing, right?
Adam Lamb:I mean, , I, you know, if you, you don't do anything stupid, you have
Adam Lamb:good relationships with people.
Adam Lamb:You give good service and someone just says, Hey, do you mind lock up tonight?
Adam Lamb:And all of a sudden you're the manager.
Adam Lamb:Right, right, right.
Adam Lamb:It can happen the same way
Adam Lamb:or the, so chef.
Adam Lamb:Or the, the executive chef happens to bail out on a, on a weekend saying, Hey,
Adam Lamb:I got another job say thanks very much.
Adam Lamb:And all of a sudden they're looking at me going, okay, do you know how to close?
Adam Lamb:I'm like, right.
Adam Lamb:I'll figure it out, man.
Adam Lamb:I think mm-hmm right.
Adam Lamb:Yeah.
Jim Taylor:Yeah.
Jim Taylor:And I think, you know, in terms of my experience in over the last few years,
Jim Taylor:trying to support the industry is we've been really lucky that you know, we,
Jim Taylor:because we take such a specific approach and you know, I've talked lots about.
Jim Taylor:You know, kind of holistic data driven decision making process.
Jim Taylor:I mean, it's really, I think we're actually making some really good
Jim Taylor:strides in helping the industry understand how to navigate all
Jim Taylor:this craziness that's going on.
Jim Taylor:Right?
Adam Lamb:Yeah, yeah, yeah.
Adam Lamb:You know, I've been famous for saying, you know, I think COVID
Adam Lamb:was a blessing for the industry cuz it showed so many opportunities.
Adam Lamb:you know, we can, we can look at things and say, oh, well, they're screwed up.
Adam Lamb:They're fucked up.
Adam Lamb:You know, there's just things that are absolutely wrong and
Adam Lamb:nothing's ever gonna change.
Adam Lamb:But for me, it's like, where's the gap.
Adam Lamb:Mm-hmm because if I can, if I can identify it as a gap,
Adam Lamb:then I can close that gap.
Adam Lamb:I have some ability to be able to do that, whether that means.
Adam Lamb:Figuring it out myself, which is always takes much longer.
Adam Lamb:Granted I get to carry that ability with me moving forward, but mm-hmm, , I've
Adam Lamb:gotten, you know, as I've gotten a little bit older, I did a post yesterday
Adam Lamb:where I said, you know, maybe I'm just getting older, but you know, Order is
Adam Lamb:hell of a lot more sexier than chaos.
Adam Lamb:Whereas I know for a fact that a point in my career chaos was
Adam Lamb:definitely where it was at . Oh yeah.
Adam Lamb:But as I've gotten a little bit older or what I'd say is more mature, I
Adam Lamb:appreciate being able to be with other people who I can gain knowledge from.
Adam Lamb:In the personal development space, they say very often that, you know,
Adam Lamb:you're the, you are the result of the, of the five people who you
Adam Lamb:are most closely aligned with.
Adam Lamb:Yeah.
Adam Lamb:Because it's just almost impossible not to not to glean stuff from
Adam Lamb:them and want to be like them.
Adam Lamb:I think that's one of the things that I've really enjoyed about our collaboration.
Adam Lamb:Is that not only did you reconnect me with something.
Adam Lamb:That I played around with not really knowing what, what I was doing
Adam Lamb:much earlier in my career, but you brought about a wisdom and a way
Adam Lamb:of actually bridging the gap in communication to potential clients.
Adam Lamb:That for me was kind of an eye opener because I think I've spent most of
Adam Lamb:my life you know, shaking a lot of trees and, you know, hitting people
Adam Lamb:over the head with wisdom and, you know, we know how far that goes, but
Adam Lamb:your, your, your way of being with.
Adam Lamb:Clients is something that's very admirable to me.
Adam Lamb:You know, you ask a lot of questions in a lot of ways.
Adam Lamb:It's, you're the perfect coach, right?
Adam Lamb:Because you ask a lot of questions and you don't necessarily throw your wisdom around
Adam Lamb:or what you think they should be doing.
Adam Lamb:What you're actually assisting them to do is to.
Adam Lamb:Solve their own problems like to, to become their own guru once they understand
Adam Lamb:what it is that you're teaching.
Jim Taylor:Well, you, we, you and I, we as a group, but you and I, I mean, we
Jim Taylor:we've joked about this a few times, right?
Jim Taylor:The consulting by opinion.
Jim Taylor:Trap that people get stuck in.
Jim Taylor:Yeah.
Jim Taylor:You know, and, and we, I mean, partly people on our team, but also you
Jim Taylor:know, I meet people all the time that are trying to help the industry.
Jim Taylor:They're trying to do things that are beneficial, that
Jim Taylor:are gonna move the needle.
Jim Taylor:They're gonna help the industry recover and find this whole new normal thing.
Jim Taylor:Right.
Jim Taylor:But there there's so much of this.
Jim Taylor:I have tons of experience.
Jim Taylor:10, 20, 30 years of experience, really knowledgeable, very smart.
Jim Taylor:But the approach sometimes, or with the trap that they, I find they get stuck in.
Jim Taylor:And I got stuck in this at the beginning of my consulting career.
Jim Taylor:You know, we try to use that term loosely cuz our industry hates it.
Jim Taylor:They just go, here's what I've done in the past.
Jim Taylor:So here's what you should do.
Jim Taylor:And you know, a lot of operators, I think don't, they don't take well
Jim Taylor:to that because this is my baby.
Jim Taylor:This is my business.
Jim Taylor:This is what, I'm my dream.
Jim Taylor:This is what I'm trying to build.
Jim Taylor:And don't tell me how to.
Jim Taylor:So, you know, we've been really lucky.
Jim Taylor:I think that just that approach around helping operators understand
Jim Taylor:the information that's right in front of them and what it can help them
Jim Taylor:do with their business is, you know, that's why it's more about asking
Jim Taylor:those questions and, and really just helping guide them to, to the answer.
Jim Taylor:So I, I think Chris who we spent a lot of time.
Jim Taylor:Actually was joking with me the other day about how he, one of the things
Jim Taylor:that he, he, I guess, gets a kick out of when I've said it is that I don't even
Jim Taylor:know the color of the walls of most of the restaurants that we worked with.
Jim Taylor:Right.
Jim Taylor:Because, you know, we've never even stepped foot on them and we don't need
Jim Taylor:to, because it's all about information.
Jim Taylor:It doesn't mean that we have to go there and run the place for them.
Adam Lamb:So we decided to Call this first episode retention is the
Adam Lamb:new cool mm-hmm . And I know that that's a phrase that's been that
Adam Lamb:you didn't necessar necessarily come up with, but was attached to you.
Adam Lamb:Like, no, this is the way to do it from now on.
Adam Lamb:And I know that a lot of operators struggle with I think retention is one of
Adam Lamb:the things that they least think about.
Adam Lamb:They're most actively thinking about how to attract new talent, right?
Adam Lamb:Because they think that who they have right now is comfortable
Adam Lamb:and, and, and that they don't necessarily need to worry about them.
Adam Lamb:And why do you think that retention is actually kind of the gateway to not only
Adam Lamb:creating a culture that's that everybody wants to work in, but also becomes
Adam Lamb:a point of attraction to, you know, people who are looking for a great job.
Jim Taylor:Well, I, to be honest, I don't remember the exact stat off the
Jim Taylor:top of my head, but I've worked with lots of restaurants that turn their entire
Jim Taylor:staff every year, pre COVID, right?
Jim Taylor:50, 50% turnover, 75% turnover, you know, 80% turnover.
Jim Taylor:That's those numbers aren't unheard of.
Jim Taylor:Yeah.
Jim Taylor:Even the company that I worked with when I was still in operations had very
Jim Taylor:good culture, had really good retention.
Jim Taylor:I was there for 20 years.
Jim Taylor:Right.
Jim Taylor:They had a very good retention strategies, but we still turned over the hourly
Jim Taylor:staff at like a 60% clip every year.
Jim Taylor:So to me, it's, you know, if a restaurant needs to hire 10 people you
Jim Taylor:know, it's hard to find 10 people that wanna come to work right now, right.
Jim Taylor:That wanna work in our industry.
Jim Taylor:That it's hard to find people that wanna work in restaurants, but it's
Jim Taylor:that number might be less than 10.
Jim Taylor:If they didn't lose two or three people every month.
Jim Taylor:Mm-hmm . right.
Jim Taylor:And, and I think that the industry's changing in the way that people are
Jim Taylor:looking at how to, how to take care of their people, how to protect their people,
Jim Taylor:how to, how to make the experience better.
Jim Taylor:You know, and there's a couple examples that I, I use a lot.
Jim Taylor:And one of them is a company that added cleaning and laundry service.
Jim Taylor:You know, you and I have talked about this one, quite a mm-hmm quite a few
Jim Taylor:times they added cleaning and laundry service at your house for every employee
Jim Taylor:in the whole company, whether you're the.
Jim Taylor:First day dishwasher or you're the vice president of operations.
Jim Taylor:I was talking to your friend Jensen Cummings the other day.
Jim Taylor:Well,
Adam Lamb:I'd say he's our friend
Jim Taylor:now, but well, hopefully he's our friend now, but you introduced
Jim Taylor:me to Jensen and, and he, the example he gave me was a, a group that added
Jim Taylor:pet insurance for every employee.
Jim Taylor:Because they ran into a scenario where.
Jim Taylor:An employee didn't have insurance, they got sick, they didn't have pet
Jim Taylor:insurance, their dog got sick and they, they could, they had to only, they had
Jim Taylor:to pick one to spend their money on.
Jim Taylor:And so they took their dog to the vet.
Jim Taylor:And, and because of that, they missed two weeks of work.
Jim Taylor:Yeah.
Jim Taylor:So that hurt them, that hurt the business.
Jim Taylor:And so that company has now decided to add pet insurance for every employee.
Jim Taylor:I mean, that's just game changer.
Adam Lamb:Right.
Adam Lamb:I couldn't agree more.
Adam Lamb:Speaking from my own personal experience, you know, my daughter had a cat who
Adam Lamb:she was incredibly attached to and.
Adam Lamb:The cat ran out in a thunderstorm and got injured and it cost her $7,000
Adam Lamb:to get this cat put back together.
Adam Lamb:And she was in a relationship at the time and they were headed right for
Adam Lamb:the right for the, you know, marriage.
Adam Lamb:And he's like, what are you doing?
Adam Lamb:And she's like, I, I, I have to do this.
Adam Lamb:Mm-hmm . And so she actually not only picked her own health over that, that
Adam Lamb:cat, but also her happiness, because in the end, you know, he's like,
Adam Lamb:well, if you're gonna put that much.
Adam Lamb:Importance on a cat and not on me.
Adam Lamb:So it was kind of like a weird exchange.
Adam Lamb:And in the end it worked out for the best.
Adam Lamb:But I, I think the sneaky thing is there's a hell of a lot more people who are having
Adam Lamb:to make these critical decisions than we give them credit, or we give ourselves
Adam Lamb:credit for, for actually understanding.
Adam Lamb:And I know Jenssen's been doing a great post around, you know, just
Adam Lamb:asking the question, Hey, what benefits does your employer provide?
Adam Lamb:And he's created this huge document.
Adam Lamb:And some of the, I was just taking a look at it right before we got
Adam Lamb:on, because there are some that are absolutely critical to the operation.
Adam Lamb:And then there are some that are just kind of nice to have mm-hmm and the question
Adam Lamb:is, I think a lot of people during this.
Adam Lamb:This constriction of the labor pool started throwing dollars
Adam Lamb:around and saying, oh, well, it's, it's gotta be the wage.
Adam Lamb:It's gotta be the wage.
Adam Lamb:So let's, let's pay more, let's pay more, let's pay more and still
Adam Lamb:forgot about you know, mental health and, and physical health, wellbeing
Adam Lamb:programs and things of that sort.
Adam Lamb:And we had a conversation earlier this week when I mentioned to you like
Adam Lamb:people in the United States do not understand what a load, an emotional
Adam Lamb:load it is to have to worry about he.
Adam Lamb:In this in the United States.
Adam Lamb:And I happen to be married to a Canadian and spend time in Canada.
Adam Lamb:And you are from that wonderful country where you don't ever sweat
Adam Lamb:that because, you know, you're just gonna go to the emergence.
Adam Lamb:It's all gonna be taken care of.
Adam Lamb:And I say to Americans, like, At some point, our industry has to stand for that
Adam Lamb:and actually advocate for that as opposed to some organizations or or lobbyists
Adam Lamb:constantly being in Congress saying, you know, we gotta keep the wage low.
Adam Lamb:We gotta keep the benefits low or else it's gonna be an industry killer.
Adam Lamb:As far as I know, Canada, Australia, New Zealand, Germany, a lot of these
Adam Lamb:countries have vibrant restaurant scenes mm-hmm and nobody seems to be hurting
Jim Taylor:well it's so the, one of the interesting things.
Jim Taylor:About that whole conversation.
Jim Taylor:And I actually got called a lo a wage lobbyist at one point because I was,
Jim Taylor:I was having lots of discussions with people about you can pay more and still.
Jim Taylor:You know run a very, very successful business and happy to help people who are,
Jim Taylor:who, you know, might not believe that.
Jim Taylor:But, you know, without getting fully into the conversation about wages mm-hmm
Jim Taylor:and what they should or shouldn't be.
Jim Taylor:Right.
Jim Taylor:You know, I think the, the fun part of some of the work that we get to
Jim Taylor:do with restaurant groups is, is helping them understand the, both
Jim Taylor:short and long-term benefits of just taking better care of their people.
Jim Taylor:Right.
Jim Taylor:Whether that's a wage, whether that's a benefit, whether that's
Jim Taylor:pet insurance, whether that's, you know, whatever that might be.
Jim Taylor:Right.
Jim Taylor:And sometimes it's amazing that our industry's notorious for just kind
Jim Taylor:of always doing things the same.
Jim Taylor:Right.
Jim Taylor:It's just the, one of our sort of taglines that we talk about a lot is,
Jim Taylor:you know, try to get rid of the end.
Jim Taylor:This is the end of we've always done it this way.
Jim Taylor:Right.
Jim Taylor:Right.
Jim Taylor:And, and I think, like you just said, there's a lot of that that comes up.
Jim Taylor:It's like, well, this person wants to, is gonna quit and go work down the street.
Jim Taylor:Well, let's just pay them a dollar more an hour.
Jim Taylor:Right.
Jim Taylor:And that just doesn't work anymore.
Jim Taylor:Right.
Jim Taylor:And you know, that example around adding cleaning and laundry service for every
Jim Taylor:employee, it was $30 a week per employee.
Jim Taylor:That's less than a dollar an hour for a full-time.
Jim Taylor:To have someone show up at their house and clean their house
Jim Taylor:and do their laundry for them.
Jim Taylor:So that, that would positively impact their work life balance and improve
Jim Taylor:probably their experience at work.
Jim Taylor:Mm-hmm , they're in a clean shirt every day, instead of, you know, the dirty one.
Jim Taylor:But yeah, it's retention is the new cool as has.
Jim Taylor:It's kind of taken on a bit of a life of its own for us, but it's really,
Jim Taylor:you know, about, we just gotta find ways to just improve the overall
Jim Taylor:employee experience top to bottom in, in
Adam Lamb:this industry.
Adam Lamb:Right.
Adam Lamb:I, through the entire life cycle, I know that there are some organizations
Adam Lamb:or, or some associates who say on onboarding, what do you mean?
Adam Lamb:I, I didn't have any onboarding, like, like they pointed where
Adam Lamb:the bathroom was and then gave me an apron and said go to work.
Adam Lamb:Mm-hmm and that.
Adam Lamb:Lack of inclusion in what you know, that that organization is all about.
Adam Lamb:I mean, it took me a while to get to it, but you know, a healthy half
Adam Lamb:day workshop around, you know, this is day two orientation, and this is
Adam Lamb:what we expect, and these are our values and really goes a long way.
Adam Lamb:So it doesn't always have to be I mean, there's a cost
Adam Lamb:to everything, but it's not.
Adam Lamb:It's not as simple as throwing a wage around.
Adam Lamb:And I tell you why I happen to live in Asheville, North Carolina,
Adam Lamb:which is considered one of the best especially this year, one of the
Adam Lamb:best restaurant towns in the nation.
Adam Lamb:I there's four James Beard award winners.
Adam Lamb:One of the restaurants was named best restaurant in the country and
Adam Lamb:cooks and dishwashers and servers consistently jump ship for 25 cent.
Adam Lamb:it's like, that's how competitive, because the living wage to live and
Adam Lamb:work in Asheville is somewhere around.
Adam Lamb:Don't quote me on this, because you can actually go to MIT, MIT living wage
Adam Lamb:calculator, which is a real eye opener and pick your city, your county, your
Adam Lamb:town, and actually look at what your living wage actually calculates out to be.
Adam Lamb:But, you know, it was somewhere around $27 an hour as a living
Adam Lamb:wage to live and work in Asheville.
Adam Lamb:That's why people jump for 25 cents because they're, they
Adam Lamb:can't afford to live here.
Adam Lamb:So they're constantly forced out into the suburbs, which adds stress.
Adam Lamb:You know, they've done construction on every road, leading into Asheville
Adam Lamb:for the last year and a half, and it's gonna continue for another year because
Adam Lamb:now all of a sudden their bedroom communities to Asheville, which is crazy.
Adam Lamb:Mm-hmm . But.
Adam Lamb:It just seems to me that, like you said, there's, there's got
Adam Lamb:to be a better way to do this.
Adam Lamb:There's got to, I firmly believe it.
Adam Lamb:And I think that's why we're here.
Adam Lamb:And one of the other reasons why we're actually doing this
Adam Lamb:hashtag lunchbox live stream is something that I got from Jensen.
Adam Lamb:When I was interviewing him for podcast.
Adam Lamb:When he said every hospitality company, every consultant,
Adam Lamb:every restaurant, every hotel.
Adam Lamb:Has to be both a hospitality comp company and a media company, because if you
Adam Lamb:don't own the narrative, someone else is gonna own the narrative for you.
Adam Lamb:Mm-hmm . And so we are here to dispel this entire myth about consultants, coaches,
Adam Lamb:whatever the hell you want to call it, what you need to know is we're actually
Adam Lamb:here to serve you whether or not you choose to that's completely up to you.
Adam Lamb:We honor that.
Adam Lamb:But one of Jim's core approaches, which I've taken on.
Adam Lamb:To me, it seems so counterintuitive.
Adam Lamb:It was like, I'm not gonna tell you how to run your business, you know, your
Adam Lamb:business better than I I'm just showing you what the data reveals so that you
Adam Lamb:can understand almost immediately, once you see the interpretation
Adam Lamb:of the data, what there is to do.
Adam Lamb:Yeah.
Adam Lamb:There's
Jim Taylor:been some really cool examples of that, please.
Jim Taylor:The, the, the one, well, the two that jumped to my mind always are, you know,
Jim Taylor:one a group actually based in Kentucky.
Jim Taylor:Big restaurant group.
Jim Taylor:And we were still in the process of, of, they weren't even a
Jim Taylor:customer or a client at this time.
Jim Taylor:We weren't even officially working with them, but we were showing them an example
Jim Taylor:of what some of this data that we look at.
Jim Taylor:And, you know, some of our core measurements around how to measure
Jim Taylor:productivity in a restaurant environment and how to measure employee workload.
Jim Taylor:Mm-hmm , you know, we were showing them what that looks like strictly
Jim Taylor:from a, a generic perspective.
Jim Taylor:And one of the examples we were talking about was what customer spend does to
Jim Taylor:profitability and how often the management team actually has no control over
Jim Taylor:what that, you know, impact might be.
Jim Taylor:And anyway, the, the COO of the company, he actually asked me to hold on a second.
Jim Taylor:He muted himself.
Jim Taylor:And I'd see him grab his phone and he, he makes a phone call
Jim Taylor:and he comes back off mute.
Jim Taylor:And I said, what did you just, what did you just do?
Jim Taylor:And he said, oh, I just phoned our marketing team and told him
Jim Taylor:to cancel w night because it's affecting our customer spend.
Jim Taylor:And it was, I, we were like, no, no, no, hold it.
Jim Taylor:You know, we're not even there yet.
Jim Taylor:We're not at that point.
Jim Taylor:Right.
Jim Taylor:But you know, really quickly things kind of can jump off the page.
Adam Lamb:But did you, do you actually, do you actually mean
Adam Lamb:customer spend or customer.
Jim Taylor:Yeah.
Jim Taylor:Well, I say spend right now, cause I haven't introduced
Jim Taylor:people to that terminology.
Jim Taylor:We call it customer behavior.
Jim Taylor:Cause it's how right.
Jim Taylor:Right.
Jim Taylor:So there's been a couple of those examples, but you know, there was a,
Jim Taylor:a group in Canada here, a fairly large restaurant group that they realized
Jim Taylor:they were gonna save a million dollars a year and they, they came to that
Jim Taylor:conclusion in the first 10 minutes of our first meeting with them.
Jim Taylor:Mm.
Jim Taylor:It was just, you know, really exciting.
Jim Taylor:We talked about building trust quickly with a, with someone you're working with.
Adam Lamb:Right.
Adam Lamb:Sure.
Adam Lamb:I mean, to, to understand that that opportunity exists is one thing.
Adam Lamb:And then there's like, you know, the notes of the grindstone
Adam Lamb:actually like what it looks like to proactively manage that every day.
Adam Lamb:So mm-hmm, , you know, kudos to those operators who are actually like,
Adam Lamb:not only do they get it, but they're actually willing to put in the work
Adam Lamb:to actually realize that savings.
Adam Lamb:And then for sure, you know, I, I think.
Adam Lamb:You've been kind of amazed at just how many operators actually see an
Adam Lamb:opportunity like that and realize, no, this is, I don't want it to just,
Adam Lamb:you know, pay that out as dividends.
Adam Lamb:I wanna actually reinvest that back into my organization.
Adam Lamb:Yeah.
Jim Taylor:Yeah.
Jim Taylor:And that's the fun part of, of a lot of the, the opportunity that
Jim Taylor:we get with operators and owners of restaurants is that the ones that
Jim Taylor:we end up working with are the ones that want to do new, cool stuff.
Jim Taylor:They want to change the way that this, you know, it's not just pay
Jim Taylor:a dollar more, you know, they want to pay for someone's car payment.
Jim Taylor:They wanna put someone through school, they wanna pay
Jim Taylor:somebody's mortgage payment.
Jim Taylor:They wanna pay for cleaning and laundry or pet insurance.
Jim Taylor:You know, there's, they're really looking at ways to you know, reinvent how, how
Jim Taylor:hospitality people are, are looked.
Jim Taylor:Right.
Jim Taylor:I think that there's, and this is, you know, kind of a, a, a lofty goal, but,
Jim Taylor:you know, you, you think back to a few years ago, when, you know, the whole
Jim Taylor:Silicon valley, Facebook, all that kind of stuff, it was like, you get to wear
Jim Taylor:a hoodie to work and there's no dress code and come and goes, you please.
Jim Taylor:And, you know, I think that the, the hospitality industry is the
Jim Taylor:next industry that needs to embrace that type of stuff, whatever that
Jim Taylor:really, whatever it looks like.
Jim Taylor:And, you know, we don't have the answer to that yet, but, you know,
Jim Taylor:really going after it in a unique.
Adam Lamb:Jim I'm and how was the appointment this morning?
Adam Lamb:Everything's good.
Adam Lamb:It's great.
Adam Lamb:Yeah.
Adam Lamb:Yay.
Adam Lamb:Well, listen, that's about as much time as we have for today.
Adam Lamb:We'll be back next Thursday at 1:00 PM Eastern time.
Adam Lamb:And we have a few guests lined up and I'm really excited about the next
Adam Lamb:one, but she hasn't agreed to it yet.
Adam Lamb:So we won't put that out there.
Adam Lamb:But in the meantime if you wanna learn more, please reach
Adam Lamb:out at benchmark sixty.com.
Adam Lamb:My name is Adam Lamb.
Adam Lamb:Thanks for joining us.
Adam Lamb:And you wanna, you wanna introduce yourself, Jim?
Jim Taylor:You
Adam Lamb:bet.
Adam Lamb:Thanks.
Adam Lamb:We'll see you.
Adam Lamb:Oh, wait a second.
Adam Lamb:I gotta do the outro music.
Adam Lamb:See, pretty good.
Adam Lamb:Right.
Adam Lamb:Great.
Jim Taylor:let's see.