David Novak, Cofounder and Former CEO of Yum! Brands (KFC, Taco Bell, Pizza Hut) on Creating a Culture of Recognition

David Novak is the cofounder and former chairman and CEO of Yum! Brands, which is the parent corporation for KFC, Taco Bell, and Pizza Hut. It's one of the largest restaurant companies in the world. When David was running Yum!, he had 1.5 million employees and increased the market cap from $4B to $32B. How did he do it? By creating a culture of recognition. At Yum! they valued every person’s contribution and would recognize people for doing excellent work. So if you want to build a winning team, you need to understand the power of recognition and the impact that can have on the growth of your business.

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