
Kevin Hochman
Brinker International (Chili’s and Maggiano’s), CEO
EPISODE 183
Strengthen core functions by making tough cuts
When people talk about cutting and simplifying parts of your business, it can feel scary.
But as you’ll hear in this conversation, that’s what you’ve got to do if you want to free up resources for the BIG things that really drive BIG growth.
You’ll also learn:
- The first thing to do in a new role (especially a turnaround)
- A powerful insight on pricing strategy
- Three keys to smarter innovation
- What every young leader needs to do to get buy-in on a big initiative
Take your learning further. Get proven leadership advice from these (free!) resources:
The How Leaders Lead App: A vast library of 90-second leadership lessons to stay sharp on the go
Daily Insight Emails: One small (but powerful!) leadership principle to focus on each day
Whichever you choose, you can be sure you’ll get the trusted leadership advice you need to advance your career, develop your team, and grow your business.
More from Kevin Hochman
Don’t forget the backup plan
Yes, you need a well-thought-out idea. But if you want to build consensus around it, talk about your Plan B, too, so people know you’ve considered every scenario.
Don't just listen; follow through on what you heard
Of course, you’ve got to listen well when people give you feedback. But if you really want to build trust, show them how you’ve incorporated their ideas.
In a new role, listen before you make your strategies and action plans
Before you jump into a new position, ask team members these two powerful questions. What you learn can drive your plans and boost buy-in as you execute them.
Get daily insights delivered straight to your inbox every morning
Short (but powerful) leadership advice from entrepreneurs and CEOs of top companies like JPMorgan Chase, Target, Starbucks and more.
Clips
-
In a new role, listen before you make your strategies and action plansKevin HochmanBrinker International (Chili’s and Maggiano’s), CEO
-
To cut wasteful work, listen to employees directlyKevin HochmanBrinker International (Chili’s and Maggiano’s), CEO
-
Use fun, creative events to drive cultureKevin HochmanBrinker International (Chili’s and Maggiano’s), CEO
-
Make big changes to big things if you want big resultsKevin HochmanBrinker International (Chili’s and Maggiano’s), CEO
-
Create a variety of price points to satisfy different customer groupsKevin HochmanBrinker International (Chili’s and Maggiano’s), CEO
-
Innovate in ways that align with your strategyKevin HochmanBrinker International (Chili’s and Maggiano’s), CEO
-
Prioritize innovation that drives both sales and brand goalsKevin HochmanBrinker International (Chili’s and Maggiano’s), CEO
-
Don't just listen; follow through on what you heardKevin HochmanBrinker International (Chili’s and Maggiano’s), CEO
-
If you want to get buy-in on your plan, don’t forget the backup planKevin HochmanBrinker International (Chili’s and Maggiano’s), CEO
-
To do great things, start with a humble attitudeKevin HochmanBrinker International (Chili’s and Maggiano’s), CEO
-
Keep learning, no matter how much you achieveKevin HochmanBrinker International (Chili’s and Maggiano’s), CEO
-
Recognize that "technology" projects touch every part of your businessKevin HochmanBrinker International (Chili’s and Maggiano’s), CEO
-
Focus most of your tech efforts on core needs, not shiny objectsKevin HochmanBrinker International (Chili’s and Maggiano’s), CEO