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  "documentTitle": "Darden Restaurants, Inc. (DRI)",
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  "authorName": "Jeffrey C. Smith",
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  "notes": "Includes a historical quote from Joe Lee (2005) to support the argument for valuing GMs.",
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      "text": "Proved successful for Bloomin'",
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      "text": "We believe the restaurant General Managers are the most important individuals in a casual dining company – they should have a compensation structure that promotes an ownership mentality.",
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      "text": "GMs lack ownership mentality. Incentive compensation structure does not allow GMs to act as though they have skin in the game.",
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      "text": "Today, we believe Darden's GMs are paid less than their counterparts at peer firms. Ensure interests are aligned: Bloomin' and Texas Roadhouse have adopted a partner model. Establish simple bonus targets. GMs must feel they can affect change.",
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      "text": "Must properly incentivize the GMs so their interests are aligned with maximizing profits, while giving them the ability to increase traffic in their restaurants.",
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      "text": "We really want the general managers to know how much we appreciate them and appreciate their role. - Joe Lee, November 9, 2005",
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