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Thrivetime Show | Business School without the BS

David Novak on Why Being Late Means You Don’t Respect People’s Time, How to Get Promoted and How to Develop a Higher Sense of Urgency

Thrivetime Show | Business School without the BS

Clay Clark

Business, Entrepreneurship

4.71.5K Ratings

🗓️ 23 February 2022

⏱️ 35 minutes

🧾️ Download transcript

Summary

The former CEO of YUM! Brands (Taco Bell, KFC, Pizza Hut, etc.) who was able to help lead the company to double the number of restaurants to 41,000, and growing its market capitalization from $4 billion to $32 billion teaches on leadership

Transcript

Click on a timestamp to play from that location

0:00.0

On today's show, we are interviewing the former CEO of Yum Brands.

0:08.4

You know, Taco Bell, KFC, Pizza Hut, he was the CEO of that organization.

0:14.7

However, my interest in David Novak started many, many years ago.

0:19.8

You see, back in the day, I was reading this incredible book about how to become a more

0:24.6

effective manager and leader, that the book was titled The Education of an

0:29.5

Accidental CEO. And the book was written by the CEO of Yum Brands at the time,

0:35.8

David Novak. David Novak in OVAK. And the book was just a real page turner.

0:43.2

You know, I'm a guy who believes the more you learn, the more you earn. And so I was

0:47.7

just flying through this book where David shares how he was able to double the

0:52.1

size of the restaurants to 41,000 worldwide restaurants. And he was able to grow

0:57.8

the company's market capitalization from $4 billion to $32 billion. And so you

1:05.4

can imagine my excitement and nervousness when David Novak agreed to be on

1:10.4

today's show. And so I didn't want to waste this opportunity. And so I asked

1:14.5

David about everything I've ever wanted to ask him, including how did he go

1:19.2

from living in a trailer park to becoming the CEO of one of America's largest

1:23.9

companies? You know, people would say, well, how could you live in a trailer and

1:27.4

travel around like that? Well, I thought everybody did it. You know, what's really

1:32.6

funny is that even now, no matter how big the house is, when I get together with

1:36.9

my two sisters and my mom and dad, who I'm blessed that they're still alive at

1:40.3

90 years old, you know, we all sit on the same sofa clumped up against each other.

1:45.2

I asked David directly, what are the keys to getting promoted?

1:50.8

Early on in my career, I really tried to outwork everybody and I would get in at

...

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