Chili’s is exploring a general manager ownership model

Core Insights - Chili's is exploring a model to make managers ownership partners, similar to successful restaurant brands like Texas Roadhouse and Chick-fil-A, to enhance restaurant performance and community engagement [2][3] Group 1: Company Strategy - The CEO of Chili's, Kevin Hochman, indicated that the motivation for this ownership model stems from the chain's impressive performance in recent years [3] - The company aims to upgrade talent at both hourly and managerial levels, providing significant ownership training to enhance decision-making and business growth at the restaurant level [4][6] - Chili's plans to implement long-term ownership incentives for managers to align their interests with the business's growth [6][7] Group 2: Training and Development - The company has initiated training programs focused on "extreme ownership," which will take a few years to fully implement [5] - The training curriculum includes a deeper understanding of profit-and-loss statements to equip managers with tools to improve financial performance [8] - A new P&L tool is being launched as part of a broader Oracle upgrade to support this training initiative [8]