May 9, 2022
My guest today is Ron Murphy, CEO of Murphy’s Fresh Markets, a family owned grocery chain. Over time big corporate companies have acquired many of our grocery stores. Owning and operating a small independent chain is something that happens less and less, and also an industry greatly affected by current inflation. When I first came across Ron on Linkedin, I realized he had a lot to offer in terms of perspective on running a 2nd generation family business and is someone who is a truly compassionate business leader. Murphy’s has also done a wonderful job in how they have sewn their values into how they run their organization, build community, give to nonprofits and serve everyone they meet. If you are trying to find ways to instill core values into your business, think outside the box, or bring other family members into your business this is a great episode for you.
What You’ll Learn:
- How to build community into your organization
- Ron’s personal journey into the family business
- Where small businesses miss on using analytics to support your business
- How to measure decision making as a small business
- Strategies to pull yourself out of the business to work ON the business
- Determining the best allocation of your time and what to delegate
- Utilizing individual skill sets of family members in a business
- Bringing your personal and spiritual values into your business in a healthy way
- Leading with authenticity and responsibility
Resources:
LinkedIn- https://www.linkedin.com/in/rmurph1234/
Bio: Forward thinking, certified data-driven food business professional, combining all educational and life experiences while working to create a positive environment for knowledge sharing and continuous improvement. Excel in the areas of process efficiency, data analysis, and using national sales trend data combined with organizational data to enhance business decision making.
Previously a results–oriented financial analyst with more than 12 years of increasingly responsible experience for a large multinational corporation. Diversified, progressive experience in the analysis of financial / economic data supporting enterprise decision making including financial planning, forecasting, and modeling; budgeting and pricing.