Franchise Update Magazine Issue I, 2015 | Page 24

POWERHOUSE WOMEN IN FRANCHISING “The interesting challenge that I find with women is that they often do not have good insight or direction on where they want to take their career,” Stutz says. “That is something I can’t decide for them.” She never lacked ambition, and her own career clarity came early at a gathering of the Women’s Foodservice Forum, a leadership development organization that Stutz would later chair. At the time, the group was releasing the results of a membership survey revealing that not one of the 400 participants aspired to be a CEO. On that day, the forum chair pressed her audience with the challenge: “Why not us?” “That was a pivotal time for me,” says Stutz. “I sat there in that meeting and said, ‘Why not me?’” Having established her credentials in operations, Stutz set out to pave her road to the C-suite by honing her financial skills, forming a finance committee at Applebee’s to think creatively about how businesses invest their money. Each week the group of investor relations, finance, and marketing members put themselves in the shoes of a CEO or CFO of a publicly traded company (typically a competitor or vendor) to answer one question: What would you do with the cash? “It was a really interesting exercise to make you think more broadly about running the business,” she says. “It created opportunities to speak and learn the language, and because of that, I ended up on the investor relations team.” And to think Stutz thought she would become a dentist. Growing up in Aurora, Ill., her family did not have “a lot of means,” but her parents were her first mentors “who taught us never to see obstacles.” Aurora was also the place she would meet Rodger Stutz, her high school sweetheart and husband of 35 years. The couple has two grown sons, both married, and are still reveling in last year’s birth of their first grandchild. “I feel so blessed,” says Stutz. “I got it right the first time.” As a teenager, Stutz left babysitting gigs and three paper routes behind for a crew job with her twin sister at McDonald’s. Working the window (where women were relegated to at the time), she got her first glimpse of the possibilities the business might hold for her. “I was 16 years old, watching these 22 guys, area directors, driving in with brand new company cars,” Stutz remembers. “I knew that if I was going to stay in the restaurant business, my goal was to be an area director so I could have a brand new car.” Stutz and her sister were the first generation in the family to attend college. Initially, she felt her parents expected her to become a doctor or dentist. She took dentistry courses at Western Illinois University—until discussions with actual dentists convinced her that she wouldn’t enjoy the profession. With her parents’ blessing, Stutz switched her motivation and major, graduating with a bachelor’s degree in food and nutrition and working in various positions at Wendy’s before and after college. She later earned a master’s degree in business administration from MidAmerica Nazarene University in Kansas. Stutz steadily built her credentials in operations, serving for five years as a division vice president at Wendy’s before joining Applebee’s in 1999 as senior vice president of operations. When an executive position opened that Stutz wanted, mentor Lou Kaucic, former Applebee’s chief people officer, helped her think about career advancement in a new way. “He asked, ‘Who is in the room when the decision is made?’” she recalls. “Who is going to sponsor you or bring your name up, and who is going to speak on your behalf?” Kaucic, now an executive career coach, preached the value of building relationships with decision-makers, a task that can prove more challenging in operations, with so much time spent in the field. Focusing on the rewards of building networks was an eye-opening mindset change with a big payoff for Stutz. “I learned so much from spending time with them and seeing how they looked at business, and I think I grew significantly as well,” she says. “It gave me a much better perspective, and I made better decisions, based on their feedback.” Stutz views every experience as a learning opportunity. One of her toughest came in 2012 as CEO of beleaguered Così Inc., where she established a three-year strategy for long-term success and raised millions to implement it. From the beginning, Stutz faced an uphill struggle to turn \