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Business Movers

The McDonald's Invasion | Taken at the Flood | 2

Business Movers

Wondery

History, Entrepreneurship, Business

4.71.6K Ratings

🗓️ 19 January 2023

⏱️ 40 minutes

🧾️ Download transcript

Summary

George Cohon focuses on making McDonald’s a food supplier for the upcoming 1980 Moscow Olympics. But his plans are threatened by Soviet bureaucracy, a run-in with the KGB, and an impending war.

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Transcript

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0:00.0

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0:05.1

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0:07.0

It's summer 1976 at McDonald's Canada headquarters in Toronto, Ontario.

0:29.9

George Kohan walks into his office soaking in the side of his many employees and

0:35.4

the sounds of phones ringing nonstop. George remembers when the headquarters

0:39.7

for McDonald's Canada was just one room that he worked in by himself. Now with

0:44.4

over 300 Canadian McDonald's locations and operations businesses booming.

0:48.8

But George has even bigger plans for the future. As George steps into his office,

0:54.2

he closes the door behind him. Normally George keeps it open so people can pop

0:59.6

in and chat. But today he's making an important call to McDonald's corporation CEO Fred

1:05.4

Turner and he doesn't want to be disturbed. George has a big new idea to bring McDonald's

1:11.2

to the Soviet Union. But to pull off this bold maneuver, George has to first convince

1:16.4

Fred it's a good idea. He picks up the phone and makes the call.

1:25.0

Fred Turner. Fred, you're the CEO of a major corporation. You're not supposed to answer

1:30.4

your own phone. You're kidding George. I've been waiting for your call. Rumor is you've

1:34.0

got something big going on. Fred Turner likes big. He became a McDonald's executive in 1958

1:40.9

when the company only had 34 employees. And Fred played a major part in the company's

1:45.7

expansion since. And he likes George too. When George started at McDonald's, he and

1:51.3

Fred formed a fast friendship. After Fred took over as CEO from Ray Crock five years ago

1:57.0

in 1973. George has frequently come to Fred to pitch ideas no matter how big or far fetched.

2:02.9

Well, Fred, I'll be honest. This one might be a bit crazy, but I'm dead serious about it.

2:07.4

Okay. What do you got? I want to open McDonald's restaurants in the Soviet Union.

...

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