This is one of the most robust labor markets in the last 50 years. Typically low unemployment in the overall economy is bad for the restaurant industry because of our lower base pay and how demanding restaurant jobs are. Restaurant turnover is at 100%. Look at these restaurant labor stats from the 7 Shifts Blog …
Tommy Yionoulis
I've been in the restaurant industry for most of my adult life. I have a BSBA from University of Denver Hotel Restaurant school and an MBA from the same. When I wasn't working in restaurants I was either doing stand-up comedy, for 10 years, or large enterprise software consulting. I'm currently the Managing Director of OpsAnalitica and our Inspector platform was originally conceived when I worked for one of the largest sandwich franchisors in the country. You can reach out to me through LinkedIn.
The Risks and the Rewards of Franchising
Anyone who has followed the OpsAnalitica blog knows that I worked at Quiznos right before their implosion in 08, 09. I had two jobs at Quiznos: I was the manager of the Franchise Assistance Program and then I was promoted to be the RSC Ops Leader when Franchise Assistance went away. During my time as …
The Pareto Principle and Restaurants
“The Pareto principle, also known as the 80/20 rule, is a theory maintaining that 80 percent of the output from a given situation or system is determined by 20 percent of the input. … More generally, the principle can be interpreted to say that a minority of inputs results in the majority of outputs.” Read …
OpsAnalitica is a Food Safety and Ops Management Platform
Do you know what a Food Safety and Ops Management platform is? It is a platform that your field teams use to run the restaurants from a daily operations and food safety perspective. These platforms are relatively new, we have been around 5 years, so they don’t have as much name recognition as some of …
The Reason Systems Like OpsAnalitica Exist
Ops Mgt Systems Could be as Transformative as POS Systems to the Restaurant Industry
One of the most transformative changes in the history of the restaurant industry was the invention of the POS System. Replacing the siloed cash register and giving brands real-time access to sales data did more to drive multi-unit operation expansion than any other technology. Prior to wide adoption of POS systems restaurants had only changed …
It’s the little things
I’ve been very blessed in all aspects of my life, one of the biggest blessings I’ve received is that I’ve traveled and I’ve stayed at some of the best hotels, resorts, and sailed on the nicest cruise ships in the world. This last weekend, my wife got us a room at the new Gaylord of …
Intelligent Checklists: What are they and why you should care
Basically, when you can’t intelligently customize your checklist to your locations, you pay more money for worse execution and mediocre data. Before you dismiss this as just pennies of cost. The average restaurant management team is supposed to be completing about 2 to 2.5 hours of managerial, food safety, and restaurant readiness checklists per day. …
Chipotle Still Doesn’t Have a Food Safety Culture
There were two interesting articles about Chipotle last week: MMA announcer Jimmy Smith says he found ‘full-sized staples’ in Chipotle burrito Chipotle’s stock is having its best quarter ever—here’s how to play it Chipotle’s stock is getting back up to where it was before their food safety issues in 2015 and 2016. It has been …
Digital Checklists are More Important Than Ever To Minimize the Effects of High Employee Turnover
I’m going to do my best to keep this blog short and sweet. Here is the deal: Employee Turnover is at an all-time high but employee tenure is the more important measure to understand. Tenure is how long our employees are staying in their jobs. Because the average employee is staying such a short amount …