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Entrepreneurial Professionalism

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Michael McCain, President and CEO of Maple Leaf Foods shares his experiences in running Canada's leading food processor and exporter. In particular, he discusses the role and importance of entrepreneurial professionalism in growing a small enterprise into a large company.

Part of the CIBC Presents Entrepreneurship 101 lecture series. More information here:
http://www.marsdd.com/events/details.html?uuid=b0638877-d762-4ef1-90b7-ea67effb741a

Published in: Business, Economy & Finance
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Entrepreneurial Professionalism

  1. 1. Follow or Tweet: #ent101
  2. 2. Entrepreneurial Professionalism Michael H. McCain Chief Executive Officer Maple Leaf Foods January 6th, 2010 2
  3. 3. In 2007… Wallace & Harrison McCain Voted Greatest Canadian Entrepreneur of All Time Opened First Plant in 1957 $100,000 Capital Today 57 Factories; >20,000 Employees >$6 Billion Revenue 1 in 3 Frozen French Fries Globally Plus Maple Leaf Foods No New Capital 3
  4. 4. Historical Evolution Building Family Maple Leaf McCain Conflict Story 1957-1990 1990-1995 1995 - Current 4
  5. 5. They Did A Lot Right…   Focus on profitable growth   Single-mindedness of purpose   Hard work and passion   Dedicated to success of the business first   Perseverance   Broke through the entrepreneurial glass ceiling   Culture of Entrepreneurial Professionalism   Great people   Hands all over; managerial excellence   Systems and disciplines 5
  6. 6. Did A Few Things Not So Well…   Strategic planning   Human capital development   Business governance   Family & business mix 6
  7. 7. In 1995… Maple Leaf Foods Acquired From The Edge of Demise Public Company; Not Family Business 32% MCC/35% OTPP >30 Acquisitions; Industry Roll Up Today 91 Factories; >23,000 Employees >$5 Billion Revenue Protein & Bakery Evolution Of Development Cascading Obstacles/Crisis of 2008 Still Entrepreneurially Professional 7
  8. 8. Entrepreneurial Professionalism Michael H. McCain Chief Executive Officer Maple Leaf Foods January 6th, 2010 8

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