In this podcast, Cheryl Batchelder and Andy Stanley discuss leading with courage, challenging the status quo, problem-solving, setting daring destinations, and navigating the struggle between ideation and execution in leadership roles. They emphasize the importance of servant leadership, setting ambitious yet attainable goals, and prioritizing key initiatives for organizational success.
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Quick takeaways
Courageous business plan towards daring destinations leads to successful leadership.
Focusing on vital issues, team collaboration, and strong execution drive organizational success.
Deep dives
Cheryl's Turnaround Story at Popeyes
Cheryl Batchelder became the CEO of Popeyes after a period of declining sales, restaurant profits, and stock price. She took on the challenge of revitalizing the brand and turning the company around, setting ambitious goals for growth and performance. Despite skepticism, Cheryl cast a bold vision at an international franchise owner meeting, proclaiming that Popeyes would become the hottest concept in quick-service restaurants. She outlined goals of increasing sales, restaurant profit, and building more restaurants. These goals, while challenging, were plausible and essential for the brand's survival and relevance.
Narrowing Focus for Results
Cheryl realized that to drive superior performance, the organization needed focus on the vital few things. She challenged the team to identify the major issues impeding the company's success. They discovered problems like the lack of compelling new products, ineffective ad campaigns, poor restaurant operations, and below-average profitability. Cheryl then created teams to work on addressing these critical issues and attached resources to support their efforts. This shift in focus helped eliminate non-impactful work and fostered a culture of taking risks to tackle the most important challenges.
Executing Bold Ideas
Cheryl's natural inclination for bold ideas posed a challenge in terms of execution. She recognized the importance of complementing her strengths with leaders who excelled in execution and process management. Cheryl understood that executing even mediocre ideas brilliantly could lead to greater success than merely conceptualizing grand plans. She emphasized the significance of following through on big ideas and transforming them into impactful realities. By limiting the number of bold ideas and ensuring strong execution, Cheryl was able to drive positive change and results at Popeyes.
The key to successful leadership is having a courageous business plan that leads to a daring destination—and then humbly coming alongside the team to get there. In this episode from 2016, Cheryl Bachelder and I discuss practical steps to guide you toward your daring destination.
Thank you to our partner, Factor Meals! Go to FactorMeals.com/ASLP50 and use code "ASLP50" for 50% off (ASLP as in Andy Stanley Leadership Podcast).
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