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How Leaders Lead with David Novak

#185: Bill Mudd, President & COO at Churchill Downs – Operations are key to customer experience

How Leaders Lead with David Novak

David Novak Leadership

Entrepreneurship, Business, Management

4.8596 Ratings

🗓️ 2 May 2024

⏱️ 48 minutes

🧾️ Download transcript

Summary

What does it take to create a memorable customer experience? A lot of leaders think it’s just about branding and customer service, but they’re missing an important piece of the puzzle. In this episode with Churchill Downs COO Bill Mudd, you’ll see how the right operational processes and systems are key to wowing your customers. You’ll also learn: How to put structure around your operational priorities A question you can ask your team to root out potential liabilities One powerful reason to get your employee training right The fascinating history of the Kentucky Derby Take your learning further. Get proven leadership advice from these (free!) resources: The How Leaders Lead App: A vast library of 90-second leadership lessons to stay sharp on the go  Daily Insight Emails: One small (but powerful!) leadership principle to focus on each day Whichever you choose, you can be sure you’ll get the trusted leadership advice you need to advance your career, develop your team, and grow your business.

Transcript

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0:00.0

Welcome to How Leaders Lead where every week you get to listen in while I interview some of the very best leaders in the world.

0:10.2

I break down the key learning so that by the end of the episode, you'll have something simple you can apply as you develop into a better leader.

0:18.2

That's what this podcast is all about. Well, my guest today is Bill

0:22.4

Mud, the president and chief operating officer at Churchill Downs. This weekend, Churchill

0:27.9

Downs will host the 150th running of the Kentucky Derby, one of America's most beloved sporting

0:34.7

events. And I'd go so far to say as one of the world's most beloved sporting

0:39.8

events. It's an unforgettable experience for everyone who attends. It's on everybody's bucket list.

0:46.9

But great customer experiences like that don't happen by accident. For starters, you need to have a

0:53.8

great product and hire great people, but even that isn't

0:57.5

enough.

0:58.5

As you'll hear today, you'll also need to put process around everything that matters in

1:03.9

your customer experience.

1:05.9

That operational strength is crucial if you want to get the details right and wow the people that you

1:12.9

got to make happy, your customers. And let me tell you, nobody does that operational excellence

1:19.0

like Bill. So let's get into it. Here's my conversation with my good friend and soon to be

1:25.1

yours, Bill Mudd.

1:38.9

You know, Bill, when this airs, we'll be just days away from the 150th running of the Kentucky Derby.

1:40.8

Do you already have your pick?

1:42.8

Well, there are a lot of great horses.

1:45.3

It's still very early to be able to determine who's going to be the favorite, but a lot of really high point races, which is how you

1:50.5

earn the right to run in the Kentucky Derby, because there are only 20 spots. But we'll see

1:56.1

those unfold over the next few weeks, and I'm excited to watch that unfold. I'm curious, as an officer at Churchill

...

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