Writing ยท Hiring / People / Leadership
๐๐๐๐ ๐พ๐๐๐๐๐๐ ๐ณ๐๐๐ ๐๐ ๐๐๐๐ ๐ฉ๐๐๐๐๐๐ ๐ช๐๐๐
This is capitalism at its most distilled: produce value, or be replaced. Harsh? Sure. But fair? Absolutely. The mistake most companies make is setting the bar at โgood enoughโ instead of โexceptional.โ ๐๐ ๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐ข๐ฌ๐งโ๐ญ ๐๐๐ฅ๐ข๐๐๐ซ๐๐ญ๐๐ฅ๐ฒ ๐๐ข๐ฅ๐ญ๐๐ซ๐ข๐ง๐ ๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ฐ๐๐๐ค ๐ฅ๐ข๐ง๐ค๐ฌ, ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐๐ซ๐ฌ ๐ฐ๐ข๐ฅ๐ฅโ๐๐ฒ ๐ ๐จ๐ข๐ง๐ ๐๐ฅ๐ฌ๐๐ฐ๐ก๐๐ซ๐. This restaurant gets it: every bad hire isnโt just a neutral presence; itโs an active liability. Want to win? Stop treating performance reviews like therapy sessions.
โYears back, I got to know the in-house trainer and coach for the waitstaff of an upscale, pricey restaurant. I sat in once on her 90-minute meeting that occurred before every shift, every day, at which the previous dayโs results were reviewed in detail, waitperson by waitperson, table by table, somewhat like the Monday-morning-after film session endured by football teams. To hold a prime-time position at this restaurant, the waitperson had to average no less than $9,000.00 a month in tips to hit $100,000.00 a year, or they were ejected and replaced. The trainer/coach/supervisor told me: โIf they arenโt good enough to make $100,000.00 a year in our environment, theyโre costing us at least that much because it means they are failing at giving our customers the kind of exceptional experience weโve crafted and failing at selling appetizers, wines, and dessertsโand they need to go work somewhere else where they are a better fit. We canโt afford having them here.โ - Dan Kennedy