Join Hands to Build a Smarter India: Sign in | Join now
News

5 CEOs Who Think Like Steve Jobs

By SiliconIndia  |   Wednesday, 02 January 2013, 05:13 Hrs   |    2 Comments
35
26
40
11
Print Email


#4 Jim Skinner, McDonald’s



James Alan Skinner is an American business executive. He was the Vice Chairman and CEO of McDonald's Corporation.



Skinner began his career with the food chain as a lowly restaurant manager trainee in Illinois about 40 years ago, and was not a founder, unlike Jobs who was the founder of Apple. But like Jobs, he was called upon to revitalize McDonald’s.



McDonald’s price in 2000 to 2003 was plummeted from a high above $33 to around $13. The company was struggling under many negative perceptions — unhealthy food and poor working conditions among them. But thanks to Skinner who was named CEO in 2004, McDonald’s stock is now at about $87 per share and is considered as a healthy food chain too.



In his efforts to revitalize the company, his main plan is to refocus on the customer. The menu got healthy. The Dollar Menu was added. The 24-hour drive-through window, the McCafe line of coffee, Wi-Fi access points and the first major store redesign since in 1970s was designed to win back customer loyalty. And it worked big-time.



Read also: 9 Most Expected Apple Products Of 2013



Experts on SiliconIndia
Mithun  Ekbote
General Manager
PalmShell
Bhupesh  Wasmatkar
Cofounder
MakeMyJob
Rajdip C Gupta
Founder
RouteSms
Garima  Mishra
Escalation Engineer
Cisco
Prakash  Kumar
Director IT
Delta Electronics In
Anushri  Verma
HR Manager
Virtuos Solutions
Amit  Gupta
Regional Manager
Intellicon
Guruprasad  Hegde
Founder and CEO
RealGuruu
Sign Up for DailyDose and Read the Day's Highlights
Write your comment now
 
Reader's comments(2)
1: Raising your last venture simple
Posted by:mohamed - 06 Jan, 2013
2: Is this article spondored by James senigal....? Jeff and Larry on third page he is at first...
Posted by:prasad - 02 Jan, 2013
Made-in-China.com is a B2B portal, we connect the global buyers with China suppliers
SiliconIndia About Us   |   Contact Us   |   Help   |   Community rules   |   Advertise with us   |   Sitemap   |   Question & Answer
News:       Technology   |   Enterprise   |   Gadgets   |   Startups   |   Finance   |   Business   |   Career   |   Magazine  |   Newsletter   |   News archive  
Cities:        CEO   |     Startup   |   Mobile   |   CIO   |   Women   |   BI   |   HR   |   SME   |   Cloud   |   Marketing   |   QA   |   Java   |   Web Developer  
Community:      Members   |   Blogs   |   Mentorship   |   Indian Entrepreneurs   |   Gyan   |   Advice   |   Community   |   Find   |   Events   |   CXO Insights  
Job Board:      Jobs   |   Freshers   |   Companies   |   HR Speak   |   Forum  
Online Courses:   Web Developer   |   Java Developer   |   CCNA Training   |   SEO   |   SAS   |   SQL Server 2005   |   J2EE
Education:   MBA   |   MCA   |   Engineering   |   Overseas Education   |   Training Institute
Life:          Real Estate   |   Travel   |   Finance   |   Gadgets   |    Products   |   Movie Reviews   |    Jokes   |   Videos 
Send your and help us continue to improve SiliconIndia
© 2013 SiliconIndia all rights reserved