Learn from McDonald’s Turnaround Strategy – 7 Tips for Business Success from a Business Coach
Sales Slumps tend to get your attention – quickly! Like any good business, McDonald’s is very aware of its sales. Do you remember when McDonald’s used to advertise on their golden arches how many millions and then how many billions of hamburgers were sold? Well recently the new C.E.O discovered the bottom line showed signs of wavering consumer confidence. Did they miss the current trend? Has quality control changed? Is the competition eating their lunch (pun intended)? Well, there are many opinions about what happened but regardless of what camp you talk to, the results speak for themselves. It’s summed up in two words “lackluster performance”- ouch!