Jeffrey Warne, recently named CEO of Nashville-based O’Charley’s Inc. and The Tennessean, the Nashville newspaper, did a Q&A with him in today’s Sunday edition.
Here is just one question, as answered by Warne:
How has the company controlled margins?
If you go back to 2008, we made the tough decision to reduce support staff. We eliminated some positions and through attrition we did significantly reduce the staff by about 20 percent. We also set up in 2008 a labor model that would predict when guests are in the building.
Using eight years of historical data, we mapped when guests were in our restaurants in 15-minute increments. The labor model was very effective at controlling labor costs. When we matched our labor as best as we could to when (guests) were in the building, our guest satisfaction scores took off, as well.
It is an informative series of questions and answers with a “numbers guy” and you can read the entire interview here:
http://tinyurl.com/Warne-interview
But you might want to hurry, as this article could be archived pretty quickly and might not be available for long.
So You Want to Be A Waiter
So You Want To Be A Waiter 