Steve Ritchie is the current CEO of Papa John International Inc. promising remarkable improvement of the brand that would ensure the company takes a competitive position in the market. He is barely 7 months in office and his style of management has taken effect down to the junior staff. We can only presume the extent of influence in so far as the Papa John’s market dominion is concerned.
It is no doubt that Papa John Inc. was yearning for Steve Ritchie’s management expertise to optimize the magnitude of sales and enter into new alliances that would further boost the returns. Steve Ritchie Papa John’s is reassuring strategic techniques that have long been desired from the top ranks. Admirably, Ritchie is synonymous with a reconciliatory tone that is ensuring a long-standing partnership with stakeholders and clients. He has been sensitive in his context of language so as not to deteriorate the brand reputation of his company. In view of restoring the public image, Ritchie asserts that Papa John’s is not an individual but an entity with 120000 corporate team members globally.
According to finance.yahoo.com, in his efforts to guarantee action and not just empty words, Ritchie is quick to point out the mechanisms put in place such as outsourcing experts into Papa John’s to aid in auditing the cultural practices of the company. He believes that this will go a long way in establishing their strength and weaknesses which is a key aspect in implementing competitive strategies. In addition, he states that the management team will offer immediate feedback to the employees and franchisees in attempts to be transparent and accountable.
In an article from Investopedia, it says that Ritchie is on record vowing that he will be at the forefront in enacting the transition to an edge in the market by first restoring the market trust despite much time it might take. Of all the initiatives he undertakes right now, he regards this with utmost significance probably in a way to appreciate his loyal customers.
Taking into account that the above logical concepts by Steve Ritchie are enforced to the letter, it is expected that Papa Johns will soon realize growth in earnings and market sustainability. Nonetheless, expect nothing short of this future-oriented CEO who is promising a turnaround in Papa John’s. Read this article about Ritchie’s letter of apology to the customers.