Fresh or frozen? That was the million dollar question facing restaurateur Danny Meyer following a searing New York Times review. The local rag had torn into Meyer’s slowly growing Shake Shack empire — then about 30 restaurants — for serving frozen french fries. Pride wounded, Meyer quickly switched to fresh fries without thoroughly researching the alternative. If he had, he may have discovered that fresh fries have to be fried three separate times, and the taste and quality are inconsistent. A year later, the burger chain converted back to frozen.
The takeaway? Meyer should have listened to his gut. Despite the review, high-quality frozen fries were working for customers. You know the adage: If it’s not broken, don’t fix it. And second, Meyer could have dug more into the data and researched the proposed business change. He may have realized that it wasn’t worth switching to fresh — that his intuition had been right all along. It’s a prime example of why leaders should pay heed to data and their gut.
In recent years, there’s been a big push toward data-driven decision-making. Author and Wharton professor Adam Grant told the Washington Post:
Join Entrepreneur+ today for access.
Read the full article here
