Franchise Update Magazine Issue II, 2012 | Page 18

Grow Market Lead Leadership guru JOHN LONGSTREET CEO, Quaker Steak & Lube Culture Cash Staying true to the founder’s vision pays off By John Longstreet I t’s a familiar scenario: a successful concept is born from a familyowned restaurant where everybody knows your name and embodies a particular culture. But success can ruin everything. The business can grow or get acquired or go public. Suddenly, the original team members are a number to human resources and the culture is reduced to rules and regulations. That could have happened when Quaker Steak & Lube expanded beyond its original location in a former gasoline station. Its culture of delivering fun could have been compromised. Yet, research shows 53 percent of our guests still come for the fun atmosphere. Guests say they “feel good” when leaving. 16 Franchiseupdate Iss u e II, 2 0 1 2 Quaker Steak & Lube is different not only because of the cars, d