David Novak - Former CEO of Yum! Brands, Podcaster & Best-Selling Author | How Leaders Lead

Success Story with Scott D. Clary

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➡️ About The Guest

David Novak is the Co-Founder, retired Chairman, and CEO of Yum! Brands, the world’s largest restaurant company with over 45,000 locations in more than 135 countries. Under his leadership, Yum! Brands grew from $4 billion to over $32 billion in revenue. After retiring in 2016, Novak founded David Novak Leadership, focusing on modern team leadership through online courses, books, and workshops. He also hosts the business podcast "How Leaders Lead with David Novak." Novak’s initiatives, including the Lift-a-Life Foundation, Lead4Change, Global Game Changers, and the Novak Leadership Institute at the University of Missouri, aim to develop leaders at every stage of life.

A renowned expert on leadership and recognition culture, Novak is a bestselling author of several acclaimed books, including "Taking People With You," "O GREAT ONE!" and "Take Charge of You." His achievements have earned him numerous accolades, such as the “2012 CEO of the Year” by Chief Executive magazine, recognition as one of the world’s “30 Best CEOs” by Barron’s, and inclusion in the “100 Best-Performing CEOs in the World” by Harvard Business Review. He has also received the Horatio Alger Award for philanthropy and higher education and the 2012 United Nations World Food Program Leadership Award for Yum! Brands' World Hunger Relief.

➡️ Show Links

https://www.instagram.com/davidnovak/

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https://www.linkedin.com/in/david-novak-ogo/

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➡️ Talking Points

00:00 - Introduction

02:41 - Myths About Learning

07:00 - Marketing Insights

11:02 - Solving Hospitality Needs

15:42 - Childhood's Impact on Leadership

18:24 - Learning to Love Your Work

23:24 - An Entrepreneur's Timing

29:17 - Learn from Experts

36:26 - Sponsor: Imperfect Action Podcast

37:11 - CEO's Market-Making Role

38:13 - Curiosity in Leadership

42:42 - Effective Learning by Doing

50:16 - Keys to Success Beyond Money

53:53 - Aligning with a Big Mission

1:03:58 - Key Lesson from Novak

1:06:08 - Focusing on Failures

1:06:55 - Connect with David Novak

1:08:52 - Advice for Younger Self

1:09:19 - Defining Success

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