Gerson Lehrman Group - Intelligently Connecting Institutions and Expertise.

Study Group: Steak House Experts

Council Members in this Study Group: 11

This study group may include experts knowledgeable on topics such as automotive manufacturing and dealerships, after market distribution, alcoholic and non-alcoholic beverages, convenience stores, supermarkets, packaged goods manufacturing, department stores and discounters, jewelry and cosmetics, hotels and resorts, restaurants, casinos, and the travel industry, among others.

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Leading Experts in this Study Group

Daniel Durick, President, Emerging Food TechnologiesDaniel Durick

President
Emerging Food Technologies
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Daniel Durick is the President of Emerging Food Technologies, a strategy, sales, development, and operations consultant where he has worked since 1983. Mr. Durick has over 28 years of quality food, beverage, processing and operations experience in a wide...

Steve Bigari, Chief Executive Officer , I3 MarketingSteve Bigari

Chief Executive Officer
I3 Marketing
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Steve Bigari has been in the restaurant industry since 1987. He currently serves as CEO of I3 Marketing, a consulting firm and call center serving a diverse group of national, regional and local restaurants that he started in 2006. In addition, Mr. Bigari...

GLG NewsSM Analyses by this Study Group's Leading Experts(?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.

Starbucks Lean Alone Will Not Beat McDonald's

August 5, 2009

Starbucks Works on Leaner Strategies | online.wsj.com

Starbucks recent attempts will not be enough to stem the market share inroads made recently by McDonald's. The Combined Beverage plan of McDonald's is a comprehensive program built on a solid foundation that is both strategically and tactically solid. Concurrently, Starbucks jumps from sandwiches to instant coffee to liquor to lean. They look like McDonald’s did a decade ago, lost. I will explain the principle reasons while McDonald's will continue to take market share from Starbucks.

Restaurant Operators - 2008 Is your Company Ready for What's Coming?

March 25, 2008

Restaurant Food Trends For 2008 | www.quazen.com

As this first quarter of 2008 comes to an end, what's ahead for the Restaurant Industry in Q-3, Q-3 and Q-4? Commodity Prices escalating at unprecedented rates, customer traffic softening, labor costs rising, bottom lines dwindling, talent pools shrinking, facility expenses uncontrollable, oil prices at all time highs, the U.S.Dollar at all time lows, Wall Street on an unbelievable roller coaster, Banks and Financial Institutions failing and laying off ... Watch out ! ! There is not one Restaurant Segment that is in a 'safe' position - not QSR, Casual Theme, Casual Ethnic, Fine Dining, nor High-End Steak & Seafood. No, not one.

Why wait - I'll predict restaurant trends for 08 - Part 7

January 3, 2008

2007 Year in review | www.nrn.com

What I predicted – in 07  The overall environment for the casual dining sector will become more and more hostile.   What was reported on Dec 17 After discussing the much reported Applebees acquisition, the article said, “Other companies were trying to streamline amid the turmoil.  Brinker International Inc. said in September it was shopping it’s Romano’s Macaroni Grill chain to potential buyers.  Darden Restaurants reached an agreement to sell its Smokey Bones concept….”  The article discussed nearly a dozen examples of this trend.

Why wait - I'll predict restaurant trends for 08 - Part 5

January 3, 2008

2007 Year in review | www.nrn.com

What I predicted – in 07 Increased government pressure on a variety of fronts from health care to taxes! In addition to the increase in minimum wage, there are other government driven pressures that will continue to mount on restaurant owners and operators in the next few years.   What was reported on Dec 17 “ meanwhile, The U.S. Congress stalled in producing legislation aimed at immigration reform and restaurant operators continue to deal with undocumented workers in many ways… Meanwhile, menu labeling mandates were on the radar in municipalities such as New York City and Washington’s King county, where Seattle is located”

Why wait - I'll predict restaurant trends for 08 - Part 6

January 3, 2008

2007 Year in review | www.nrn.com

What I predicted – in 07 Increased non-governmental cost pressures – fuel, feed and other areas. In addition to other cost pressures there will be a mounting of additional cost pressures in the coming months including fuel prices, feed prices, and other areas, such as food production shortages.   What was reported on Dec 17 "Many said  2007 has been one of the toughest years in recent history because of a slowing economy and customers who were buffeted by a perfect storm of high gasoline and fuel prices, declining home values, tighter credit because of the sub-prime mortgage fallout, and the U.S. dollar that has steadily fallen in value, making imported products more expensive.”

View All GLG News by members of this Study Group

Members in this Study Group include these company types:

  • Restaurant Consultant
  • Strategy, Sales and Operations Consultant
  • Benefits Administration & Payroll Processing

Members in this Study Group often have these job titles:

  • Chief Executive Officer
  • President
  • Owner
  • National Marketing Director
  • Marketing Director
  • Consultant
  • Principal
  • Partner