Digital Performance Measurement Driving a 15-Year Turnaround
Domino's stock rose 4,300% over 13 years as digital channels grew to drive 67%+ of global retail sales.
Domino's Pizza, Inc., a Large Enterprise Consumer company, created value through Measurement and Analytics.
In 2008, Domino's Pizza was widely recognized as having a product quality problem. In a Harris Interactive consumer survey, Domino's ranked last among major fast-food chains for pizza taste. The company's stock had fallen from $30 in 2004 to approximately $3 by early 2009. Store-level metrics were deteriorating: order accuracy, delivery speed, and customer satisfaction scores all trailed competitors. The company lacked real-time visibility into operational performance at the unit level — managers received lagging reports weekly or monthly, by which time the problems driving poor satisfaction were already established patterns. Without timely measurement, there was no mechanism for rapid operational response.
Under CEO Patrick Doyle, who took over in 2010, Domino's rebuilt its operating model around real-time digital measurement:
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