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
2. Entrepreneurial
Professionalism
Michael H. McCain
Chief Executive Officer
Maple Leaf Foods
January 6th, 2010
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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
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4. Historical Evolution
Building Family Maple Leaf
McCain Conflict Story
1957-1990 1990-1995 1995 - Current
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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
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6. Did A Few Things Not So Well…
Strategic planning
Human capital development
Business governance
Family & business mix
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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
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8. Entrepreneurial
Professionalism
Michael H. McCain
Chief Executive Officer
Maple Leaf Foods
January 6th, 2010
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