From Outhouse to the Penthouse - How Guy Russo Turned Around Kmart [S1.E6]

Unlike the other interviews in this series, this is a
retrospective tale, recounting one of Australia’s greatest
turnaround stories


Guy Russo is one of Australia’s business masterminds. As CEO of
McDonald's Australia and China for over a decade, both businesses
excelled. His toughest assignment though was to salvage Kmart
from the scrapheap. Under his guidance, he guided Kmart to retail
supremacy in Australia.


The inclusion of a story like this in this podcast is an
important one, as businesses never move in a straight line.
This is a powerful and inspirational story of simplicity and
optimism. A story of the power of long term thinking, honesty and
how to get the best out of people. Guy was incredibly generous
with his time and the resulting nuggets of gold that are littered
throughout this podcast, will no doubt help clarify the thinking
of all business owners, not just those going through a little
rough patch.


This is the last episode of Series 1 of Scaling Up. We will be
back in early 2020 with Series 2.