In this episode of The Committed Innovator, we talk with John McDonald, the founder and CEO of Mercer Street Hospitality, which owns Lure Fishbar in New York City and Chicago, among other restaurants and bars. McDonald spoke with McKinsey Senior Partner and innovation leader Erik Roth about maintaining success and equilibrium in the notoriously difficult hospitality industry.

Related insights:

What’s on the menu? Revenue growth techniques for restaurants

Cooking up extraordinary growth for restaurants during a downturn

Taking fear out of innovation

How to take the measure of innovation

Fielding high-performing innovation teams

Explore our collection of Committed Innovator episode transcripts on McKinsey.com: Strategic Growth & Innovation 

In this episode of The Committed Innovator, we talk with John McDonald, the founder and CEO of Mercer Street Hospitality, which owns Lure Fishbar in New York City and Chicago, among other restaurants and bars. McDonald spoke with McKinsey Senior Partner and innovation leader Erik Roth about maintaining success and equilibrium in the notoriously difficult hospitality industry.
Related insights:
<a href="https://www.mckinsey.com/industries/retail/our-insights/whats-on-the-menu-revenue-growth-techniques-for-restaurants">What&rsquo;s on the menu? Revenue growth techniques for restaurants</a>
<a href="https://www.mckinsey.com/industries/retail/our-insights/cooking-up-extraordinary-growth-for-restaurants-during-a-downturn">Cooking up extraordinary growth for restaurants during a downturn</a>
<a href="https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/taking-fear-out-of-innovation">Taking fear out of innovation</a>
<a href="https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/how-to-take-the-measure-of-innovation">How to take the measure of innovation</a>
<a href="https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/fielding-high-performing-innovation-teams">Fielding high-performing innovation teams</a>
Explore our collection of Committed Innovator episode transcripts on McKinsey.com: <a href="https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/inside-the-strategy-room-podcast/strategic-growth-and-innovation">Strategic Growth &amp; Innovation</a>&nbsp;

Unsung heroes of innovation and deeply experienced innovators discuss their triumphs, trials, and lessons learned with Erik Roth, the global leader of McKinsey's Growth and Innovation practice.

Advertisement