Translations

PAUL transmits the entrepreneurial spirit to its employees

1. Organizational Governance

Profit sharing

Sector Business / Distribution

Year 2011

Country France

Transmitter

Context

PAUL is a Quality Establishment whose values have been passed down since 1889. It is also, and above all, a family history that has been recorded for more than a century. It is a unique story in France, where five generations of bakers have perpetuated the taste of good bread.

In 2009, PAUL is the only French bakery company that can boast at having a 120-year history.
Because of its unique history, PAUL promotes entrepreneurial values.
Its development in lease management promotes even more its values in real transmission dynamics.

Objectives

- To reward the best employees by helping them set up shop
- To insure their loyalty to the establishment all while enjoying their professionalism and their company spirit
- To establish genuine independent managers at the head of PAUL stores
- To guarantee the transmission to future generations

APPROACH

True to the entrepreneurial spirit of its founder, PAUL promotes “intra-preneurship” by giving its ambitious employees the opportunity to become their own boss. With a minimum personal contribution, lease management applicants take up outlets of the PAUL stores network. In 2007, the company introduced its first contracts, and the pace has not stopped accelerating ever since.

CONTRIBUTION TO COMPANY PERFORMANCE

- More concerned company loyalty of these “new managers” and very knowledgeable on the specificities of the company
- Very encouraging progressions in turnover.
- Very good management of the stores, managed by people having acquired a very good knowledge of the company and its products
- Increase in the number of stores in France and abroad

Benefits

- Opportunity for motivated and competent employees to become company heads