Jim Cantalupo
Jim Cantalupo
James Richard "Jim" Cantalupowas an American businessman. He served as chairman and chief executive officer of McDonald's Corporation until his sudden death by heart attack at the age of 60...
NationalityAmerican
ProfessionBusinessman
Date of Birth14 November 1943
CountryUnited States of America
american-businessman compared europe good markets presence western
The markets where we've got real good presence are the older, more mature markets like Australia, and Western Europe - where we've only got 6,000 stores, compared to the US with 13,000.
american-businessman cent eaten feed less meals per solve states target united
Because we only feed in the United States less than 1 per cent of the meals, most of them are eaten elsewhere. Most meals are eaten at home. So to make McDonald's the target is not going to solve the problem.
american-businessman stores
Every year we close 300-400 stores anyway, just relocations.
american-businessman best nor point spend store terms view
But in terms of store openings, there's just not a necessity, nor in my view at this point is this the best place we can spend our time.
american-businessman
We have very specific rules about how we go to market with children, and I think they are very responsible.
american-businessman everybody gets hamburger lose people train
When you're doing that you lose your focus on the discipline of the business, and how you train people at Hamburger University, and everybody gets on a bigger, different vision, and they're not on the same page.
american-businessman company definition follow growth mean street talks tradition wall
We don't follow the definition of the tradition growth company that Wall Street talks about. But that doesn't mean we're not going to grow.
running discipline focus
You have got to have discipline and focus - on the customer and how you run the business.
europe half return
So Europe's a big driver. And at one point, if the euro hadn't devalued, they would have been making as much money as the US with half the stores. Returns were higher.
kids mcdonalds dinner
Playtime and toys are good for kids, or they wouldn't buy them. McDonald's can provide that experience. And having dinner with the family is good for kids.
moving thinking years
I think this year we'll open up 900 gross, we're closing some, so the net count is lower, but the 900 are spread all over the place. Some of the closures are relocations, where you're moving it to another place in the marketplace.
years discipline focus
I talked about 12 to 18 months, and that's about reaffirming our foundation for sustained growth: getting the discipline back, getting the basics right, getting the customer focus back... so by the end of next year, I hope most of that's in place.
struggle balance infrastructure
But, on balance, we seized the marketplace. We've got a great infrastructure. And yes it's struggling in some areas because of some external factors and some internal factors.
two years world
But we had a pretty diversified portfolio of businesses around the world and things tended to offset each other. But one or two years ago, we had a lot of things happening at the same time.