meta_pixel
Tapesearch Logo
Log in
Our American Stories

The Story of How One Bad Employee Harmed a Bank's Reputation (Told by the Ritz-Carlton Founder)

Our American Stories

iHeartPodcasts

Society & Culture, Documentary

4.6817 Ratings

🗓️ 15 February 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

On this episode of Our American Stories, Ritz-Carlton founder Horst Schulze reshaped how service and hospitality are defined in business. He tells a short story about how great service wins - excellence wins - and bad service kills businesses.

Support the show (https://www.ouramericanstories.com/donate)

Support the show: https://www.ouramericanstories.com/donate

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

This is an IHeart podcast.

0:14.1

This is Lee Habib, and this is Our American Stories,

0:18.7

the show where America is the star and the American people. And to search for the Our American Stories, the show where America is the star and the American people.

0:22.9

And to search for The Our American Stories podcast, go to the IHeart Radio app to Apple Podcasts

0:29.1

or wherever you get your podcasts.

0:32.4

Up next, a story by Horst Schulte, who is the co-founder of the Ritz-Colton Hotel and knows more about customers,

0:41.6

customer service, and how to really take care of business when it comes to taking care of customers.

0:48.7

Nobody, nobody is better.

0:50.5

Here's Horst to tell the story about what he taught a bank about its own customer service.

0:58.8

Here's horse. You define yourself. If you, you know, forgive me anybody who does it, but let me tell you,

1:07.2

if you as a young man spike your hair and color them green and look like a bum you're

1:13.5

defining yourself as a bum period and you know forgive me but that's a fact you define

1:20.7

yourself and it's up to you what you define i you know i'm not not telling you what you have to do

1:26.1

but understand.

1:28.0

You define yourself every moment.

1:31.1

I tell the story about the bank there in the book.

1:34.8

I lived in Chicago, and I knew the bank very well.

1:36.9

They advertised.

1:37.9

I've never been in the bank.

1:39.2

But in the meantime, I have started here in Atlanta, and I was invited by them, by that bank to talk to the

1:47.0

300 manager, and I'll forget it, about customer service, customer satisfaction service.

1:54.0

Got that day before, I still had my apartment, I was, I tried to rent and went to look at the

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from iHeartPodcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of iHeartPodcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.