New Century Dynamics Executive Search COO Search

Jim Weber, President of New Century Dynamics Executive Search, has landed a new assignment to find a COO for an Ohio-based full-service restaurant company. Your interest and referrals are appreciated.

COO Job Description

The Chief Operating Officer (COO) is responsible for the successful operations of the Company’s retail outlets. This leader is accountable for developing systems, processes, and procedures to ensure the financial success of the brands. The Chief Operating Officer will own all operational aspects of the business to support the brands, including providing input/direction on brand strategy, driving location-level performance, directing/managing the food & beverage program, maintaining facilities, overseeing the build-out of new locations, and championing continuous improvement. This leader will model and support the values of the Company’s Culture and foster innovative thinking to manage, develop, and grow the enterprise. The ideal candidate will be instrumental in developing a high-performance culture built on respect, trust, accountability, and integrity.

 

RESPONSIBILITIES

OPERATIONS

    • Champion operational excellence and adherence to brand standards.
    • Empower and Lead Operations Managers to consistently deliver a cohesive brand experience to guests.
    • Develop systems, processes, and procedures to support the staff’s ability to deliver consistently high operational excellence.
    • Identify operational gaps and continuously improve related systems and controls.
    • Provide input on strategy and brand marketing direction in partnership with other leadership team members.
    • Manage brand performance metrics via improved reporting, information flow, management, and business process improvement.
    • Manage the creation and rollout of the brand dashboard at all levels of the organization.
    • Develop and maintain an innovative, best-in-class food & beverage program that provides guests with the best product experiences.
    • Oversee and drive the development of new locations for rapidly growing brands; support brand expansion, including new market pre-launch activities.

 

VISION, STRATEGY AND LEADERSHIP

    • Contribute to the building and achievement of the company’s strategic plan, advancing the company’s brand position, revenue, and growth.
    • Drive the development and preparation of short-term and long-range plans and budgets based on company goals and objectives.
    • Foster an environment where improvements to products, processes, and services are welcomed and encouraged.

 TEAM DEVELOPMENT

    • Promote a culture of high performance and continuous improvement that values learning and a commitment to quality.
    • Attract, develop, appraise, and retain a high-performance team; provide coaching and feedback for continuous improvement to foster a high-performance, energized work environment that reflects the organization’s culture.
    • Establish a system to ensure team members receive timely and appropriate training and development.

QUALIFICATIONS

    • Operations: Ten years’ experience managing multi-unit, multi-brand operations; hospitality and food & beverage required. Preferably cross-category experience (i.e., entertainment, fast casual, fine dining).
    • Proven ability to influence the marketing strategy and direction of start-up brands.
    • Experience scaling the business operations of an early-stage, comparable organization; experience as a proven business operator.
    • Experience managing rapid organizational changes and managing the impact of change.
    • Track record of delivering operating results while increasing sales and profitability.
    • An energetic, positive, relationship-oriented individual with a demonstrated track record of serving as a trusted partner to internal and external constituents.
    • Demonstrated ability in problem analysis and resolution at both strategic and operational levels.
    • Exemplary team-building skills and demonstrated ability to motivate and encourage teams.
    • Ability to collaborate with cross-functional teams to attain business goals/objectives.
    • Minimal travel, when necessary.

Personal Attributes:

    • Adaptable – You are flexible, resourceful, and can wear many hats. You are always looking for ways to improve and can look at a business with a critical eye. You are timely, proactive, and always follow through.
    • Accountable – You are a team player who will not pass the buck. Unafraid of having crucial conversations, you are empathetic but firm and are strong with conflict resolution.
    • Proactive – You are not afraid of new challenges. You identify issues quickly and drive through obstacles with ease to deliver high-quality results.
    • Analytical – You can effectively process financial information and express the business’s needs to your teams. You have an entrepreneurial mentality and are exceptionally organized in all your tasks.
    • A Communicator – You are a successful communicator and liaison between the field and the home office. You understand the hospitality industry and embrace our non-traditional business hours.

 

Salary Range:  $150,000 to $200,000

 

Benefits:

  • Med/Dental/Vision/Life.
  • Paid Time Off.
  • 401(k) with match after eligibility requirements are met to enter the plan.

 

Our Core Values are:

    1. Host the party – keep your guests happy.
    2. Be honest, open, and respectful when speaking AND listening.
    3. The team’s best interests come first. Think We, not Me.
    4. Bring positive energy, work hard, and, most importantly, have fun.
    5. Hold yourself accountable to the COMPANY way.

This document is presented to you in confidence.  All communication, whether written, oral, or electronic, should be addressed to:

James E. Weber, President

New Century Dynamics Executive Search

Tel. 770-354-2817; e-mail; jimweber@newcenturydynamics.com

 

 

Thank you for visiting our blog.

 

Jim Weber, Managing Partner – ITB Partners

Jim Weber – Managing Partner,  ITB Partners

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Strategies to Start a Thriving Business with Little-to-No Capital

Image: Pexels

Starting a business seems impossible when you’re short on funds, but fear not. There are strategies and creative ways to kickstart your entrepreneurial journey, even with minimal to no capital. New Century Dynamics Executive Search explains how:

Apply For Grants

Grants are like hidden treasures waiting to be discovered. They are funds given by organizations that you don’t have to pay back. Look for grants specifically designed for small businesses and ensure your business proposal is compelling enough to win. Additionally, explore local government grant programs that may provide financial support. Don’t forget to leverage networking opportunities and seek recommendations from mentors in your industry.

Learn the Power of Crowdfunding

In the digital age, Classy.org notes that crowdfunding has emerged as a powerful tool for raising funds. Platforms such as Kickstarter and Indiegogo allow you to present your idea to the world and raise small amounts from many people. To maximize your chances of success, create a compelling story behind your project, offer enticing rewards to backers, and engage with your supporters through regular updates. Remember, crowdfunding is about raising funds and building a community around your idea.

Keep a Close Eye on Your Credit Score

Your credit score is your financial report card, and a good grade can help you secure business loans with favorable terms. Make it a habit to monitor your credit score regularly and take steps to improve it if needed. Pay your bills on time, keep your credit utilization low, and avoid opening unnecessary credit accounts. Additionally, consider working with a credit repair agency or seeking professional advice to optimize your credit score.

Entice Customers with Pre-sales

Landingi points out that pre-sales or pre-orders can work like magic to generate startup capital. It’s like selling your product before it’s even launched. Not only does it bring in funds, but it also helps gauge market demand and create excitement among customers. Offer exclusive discounts or limited edition versions to incentivize early purchases. Leverage social media and email marketing to create buzz and encourage potential customers to take advantage of the pre-sale offers.

Win Hearts Through Content Marketing

Content marketing is an inexpensive yet effective way to build your brand and attract customers. By offering valuable content through blogs and social media posts, you can establish your expertise, earn trust, and engage your audience. In addition to creating high-quality content, optimize it for search engines to increase visibility. Collaborate with influencers or industry experts to expand your reach and leverage user-generated content to foster a community around your brand.

Use a Content Management System

Leveraging a content management system (CMS) can significantly enhance your business by enabling the seamless generation, modification, and supervision of digital content, including web pages and blog articles. By employing a CMS, you can update and publish digital creations. Moreover, numerous team members can work together on content production and distribution, simplifying operations and enhancing productivity.

Bootstrapping Your Way to Success

Bootstrapping is about starting and growing your business with savings or revenue. It might involve juggling multiple roles and making sacrifices, but it keeps you in control and minimizes debt. In addition to self-funding, explore creative cost-cutting strategies such as sharing office space, utilizing free or low-cost software tools, and negotiating favorable terms with suppliers. Remember, every penny saved is a penny invested in the growth of your business. Stay focused, persevere, and celebrate small victories along the way.

Starting and thriving in business with little to no capital is challenging but not impossible. By exploring grants, utilizing crowdfunding, maintaining a good credit score, leveraging pre-sales, embracing content marketing, and bootstrapping, entrepreneurs can pave their path to success. With perseverance, strategic thinking, and a strong focus on building a community and delivering value, aspiring business owners can overcome financial limitations and turn their dreams into reality.

New Century Dynamics Executive Search benefits its clients from our broad-based portfolio of experience in “hands-on” line and staff roles for growing concepts and turnarounds. Contact us today to learn more! 770-354-2817.