David Barr chats with Savneet Singh, President and CEO of PAR Technology Corp.
Subtitle: Focusing on what we’re good at during tough times.
In this episode David Barr, President and Portfolio Manager, chats with Savneet Singh, President and CEO of PAR Technology Corp., a holding in several of Pender’s equity mandates for over a year. They discuss software as a platform, entrepreneurship, corporate culture and the transformation of PAR since Savneet became CEO.
Key Takeaways
| [02:46] | The conversation kicks off with Savneet talking about the evolution of the software industry and his take on software as a platform. |
| [05:54] | Savneet discusses the massive disruption in the restaurant industry due to COVID-19, adoption, innovation and how it will shape the sector going forward. |
| [13:53] | David and Savneet discuss the competitive landscape and the who is making the buy decision these days. |
| [17:40] | Savneet shares details about his entrepreneurial background and how he was “so captivated by the idea of” eBay in his early teens. |
| [20:47] | David asks Savneet where he gets his ideas from and the conversation turns to entrepreneurship. |
| [25:39] | They discuss the importance of company culture. Savneet shares his belief that “there’s nothing more important that a CEO can do [than] set the culture.” |
| [29:39] | Savneet talks about the work from home options at PAR, the potential impact on the culture they have built and how they are attracting talent. |
| [35:58] | David asks Savneet about M&A, the potential for “hidden gem”, Brink and the one, three- and five-year goals at PAR. |
| [43:00] | David closes the podcast by asking Savneet for a book recommendation that is relevant today. |
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