HR strategy delivers industry‐leading performance at Mitchells & Butlers : Change‐management program recognized in CBI awards
Purpose – The purpose of this paper is to describe how a coherent HR strategy focused on delivering the company's key strategic goals has helped Mitchells & Butlers, a UK operator of restaurants and pubs, to post industry‐leading sales and profit growth over the past three years. Design/methodology/approach – The paper explains the reasons behind the reforms, the form they took and the results they have achieved. Findings – Reports, among other things, increased employee engagement, higher job satisfaction, lower staff turnover, a 500 percent return on investment in a multi‐unit leadership program and a 5.2 percent rise in productivity. Practical implications – Reveals, for the company as a whole, an increased operating margin, growth in market share, higher customer satisfaction, lower departmental costs, a rise in like‐for‐like food sales and average profits per pub the highest in the industry. Originality/value – The paper gives an inside view of strategic transformation at a key UK company.
Year of publication: |
2012
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Authors: | Phillips, Liz |
Published in: |
Human Resource Management International Digest. - Emerald Group Publishing Limited, ISSN 1758-7166, ZDB-ID 2082534-1. - Vol. 20.2012, 1, p. 5-8
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Publisher: |
Emerald Group Publishing Limited |
Subject: | United Kingdom | Organizational change | Management strategy | Human resource management | Awards | Food and drink industry |
Saved in:
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