Fndr of Understory. Exec Producer of Omnivore (AppleTV+). Prev. COO of Restaurant Noma, CEO of Shine 360° (Endemol Shine), SVP of FremantleMedia, Warner Music. Global Media and Entertainment, Brand, & Hospitality Advisor
“A lot of what is broken particularly within restaurants is you have these very outdated values that are about winner-take-all versus collaboration, cooperation and meaning,” Erin Wade, founder of Homeroom said. "I don’t think it’s true that doing good and being profitable are really at odds. But they have to be in conversation with each other. And that takes a lot of extra work and thoughtfulness.” Taken from the recent MAD Monday in New York, which brought together author and journalist Mark Bittman, chef and restaurateur Edward Lee, and Wade, in a panel moderated by Jamila Robinson, the conversation looked at whether (and how) an industry with notoriously low profit margins and notoriously high failure rates can also reduce its carbon footprint, eliminate food waste, ensure its workers are treated equitably, and remain open and responsive to its community’s needs. “To try and move this huge industry of independent restaurants is an incredibly difficult task,” added Lee. “But change doesn’t happen because one person or one policy waves a magic wand. Change happens because millions of people do millions of tiny things. That’s what creates momentum.” Great read for the weekend. Link in comments.
Wonderfully spoken Ben Liebmann!!! Driven also by the digital transformation where “the winner takes all strategy” often is a fundamental principle. A shift needed is evident. At Noahs we have taken the ecosystem approach. Bring toghether the best of food makers, thechnology, conglomorares, aggregators, suppliers with the principle of creating markets and experiences where there is room for all. Collaborate rather then compete!!! Rewarded to the level of contribution, participation, dedication and openeness rather then selfpreservation!! Small and big steps in the right direction, day after day!!!
Fndr of Understory. Exec Producer of Omnivore (AppleTV+). Prev. COO of Restaurant Noma, CEO of Shine 360° (Endemol Shine), SVP of FremantleMedia, Warner Music. Global Media and Entertainment, Brand, & Hospitality Advisor
2wVia MAD: https://madfeed.co/2024/madmonday-nyc/