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Shane Parrish

๐Ÿ‘ค Speaker
16064 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

McCain became the largest producer of fries for McDonald's worldwide, eventually supplying restaurants in over 60 countries.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

The relationship that Harrison nearly destroyed with a single sentence became the backbone of the company's global food service business.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

Even the McDonald's win didn't crack the American retail market.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

Supplying restaurants was food service.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

The grocery aisle where consumers picked frozen fries off the shelf was still dominated by American incumbents.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

So Harrison needed one more play.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

In March 1997, 16 years after that one sentence strategy memo, he finally pulled the trigger.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

McCain Foods bought or Ida's food service division from H.J.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

Hines for $500 million.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

Overnight, McCain vaulted to number two in frozen appetizer sales in America.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

They acquired nine plants and thousands of employees spread across the country.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

But there was a problem.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

McCain's American sales at the time were $325 million or Ida's were $550 million.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

They were trying to digest a business larger than themselves.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

A senior executive was blunt.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

The merger was almost a catastrophe.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

There was a culture war.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

So Harrison brought a group of Oreida managers to Florenceville and walked them through the operation, told them about the company and where it was going.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

The Oreida people were surprised by the roll-up-your-sleeves attitude by senior executives who knew the details of the production line, not just the P&L.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

Most of the managers who made that trip were still with the company a decade later.