Preview

Ferrero

Good Essays
Open Document
Open Document
629 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ferrero
Case Study

1. Name of Company
- Ferrero

2. Ownership / Location, Type of business
- Corporation / Alba, Piedmont, Italy

3. Vision / Mission
- The company’s vision is to be one of the most renowned confectionary makers in the world, to continue to entice people with their product’s uniqueness, and to build an undefined satisfaction for the consumers.

- Their mission is to continuously create an endless set of ideas to retain the company’s uniqueness, ensure that their people meet the company’s requirements by treating them properly and promote their well being.

4. Short History

- The beginning of Ferrero’s success started of during the post World War II when the shortage of cocoa was heavily foreseen due to the destruction of most land crops in their country. The pioneer “Mr. Pietro Ferrero” began creating an alternative for chocolates which gave him an idea to develop a new craving using hazel nut and vegetable oil as its main ingredient. From that point, as a good result of their first recipe which they further improved with the help of Pietro’s son. It became a hit starting from the creation of their product Nutella all the way to the Ferrero Rocher.

5. Key Result Areas

- Post WW2 when they first came up on creating a chocolate substitute followed which was improved when Michele took over the managing position. They created Nutella that gave a big jump in the market. Currently highly markets on the Ferrero Rochers.

6. SWOT Analysis

Strength Weakness
Financial Small starting capital -
Customer - Few # of population
Internal Process Strong leadership set
Learning Growth High originality and creativity

Opportunities Threats
Financial High market value -
Customer Capitalization of other countries -
Internal Process Futher improve employess well being-
Learning Growth Unlimited to of enhancing of product-

7. Who are the main stakeholders in Ferrero? What are their objectives,

You May Also Find These Documents Helpful

  • Good Essays

    Next, a descendant of Mayans, the Kekchi Mayans presented crates of chocolate to Prince Philip. It was all frothed and ready to drunk by the Europeans. When Swedish botanist Carolus Linnaeus classified the “cocoa bean” he gave it the scientific name of Theobroma which meant “food of the gods’” in Greek. Another manufacturer, Coenrad Van Houten, produced a way for making chocolate powder. He did it using hydraulic pressure to remove the natural fat from it. Then that produced a hard cake which was crushed into powder. This was then mixed with water to make a chocolate drink. Next came the Joseph Fry & Son, British chocolate manufacturers, which was founded by a Quaker. The Quaker was a doctor before finding that company. In 1847 they discovered a way of converting melted cocoa butter to “Dutched” cocoa butter (which was sweetened). This would create a paste that would be pressed into molds. This created a bar that turned to be a big hit.…

    • 447 Words
    • 2 Pages
    Good Essays
  • Good Essays

    His grandson, also known as Jean Neuhaus, created the first filled chocolate, which he named 'praline', and his wife invented the type of box, or ballotin, in which Belgian chocolate is still sold. Chocolate-making really took off in the late nineteenth…

    • 992 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Burns and Mcdonnell

    • 1670 Words
    • 7 Pages

    “Make our clients successful”. The company vision is to “improve the quality of life” not only for their clients and their community, but also for the employee. The goal of the company is to help each employee. The company think that the employees are their asset.…

    • 1670 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Our mission is to become the most innovative and responsive brand within our market without compromising the values that have made us what we are today.…

    • 3265 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Case 9 Rogers Chocolates

    • 3277 Words
    • 8 Pages

    In this paper, the team analyses the case of Rogers’ Chocolates to introduce the company,…

    • 3277 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    By 1867, Hershey’s father “had largely cut himself out of the family picture” (Milton). Following an incomplete rural school education, he was apprenticed at the age of fifteen but was fired shortly after. Four years later, Hershey borrowed one hundred and fifty dollars from a gracious aunt to set up his own shop in the heart of Philadelphia. For five long years Hershey put everything he had into the business. But success eluded him, he finally closed shop and headed west to reunite with his father. With his father, Hershey found work with a confectioner. But the entrepreneur in Hershey was not content to work for someone else, and he then struck out on his own again. First in Chicago and later in New York City, but in both cases he failed again (Milton). Then in 1883, he returned to Lancaster and still convinced that he could construct a successful candy company, started the Lancaster Carmel Company. Within a few short years Hershey had a successful and thriving business. But when Hershey got an up-close look at the art of chocolate making he was immediately hooked. “The fascination quickly became focused on milk chocolate, considered a delicacy” (Milton), but was largely dominated by the Swiss. In 1900, Hershey sold the Lancaster Caramel Company for a staggering one million dollars and started a new company. Quickly, the Hershey Chocolate Company surpassed the founder’s previous venture.…

    • 1256 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    How it first started is that he was into making carmel and he loved it but but wanted a change so he went and bought an BIG land and went to chocolate.In the late 1970s Mr. Hershey was the new hit. He wanted to be greater and successful and wanted to make something different like the M&MS but he made it with peanut butter and chocolate and it was called Reeses Pieces. It was the “new thing”, for a while. The people from the E.T movie wanted to pick a candy bar from Mars but he did cooperate so they pick Mr.Hershey but…

    • 354 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Hershey Chocolate

    • 644 Words
    • 3 Pages

    When many people around the world think about chocolate they think about the most popular producer of sweets, Hershey’s Chocolate. The company began in early 1894 by a persistent man named Milton Hershey (Hinkle).…

    • 644 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Cocoa Delights

    • 5062 Words
    • 50 Pages

    Founded in 2000, Cocoa Delights is one of the youngest gourmet chocolate manufacturers in the industry. However we do not view our youth as a weakness, on the contrary, our youth is associated with our two most valued attributes: creativity and innovation.…

    • 5062 Words
    • 50 Pages
    Good Essays
  • Satisfactory Essays

    It all started in 1893 he smelt the scent of chocolate and decided to sell is carmel factory. He sold it for 1 million dollars to focus 100% on chocolate. In my opinion thats a big risk to make which is a way he is willing to take risk in his candy business. When he changed to chocolate he called his business name Hershey…

    • 179 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    A number of factors have contributed to the success and problems faced by Thorntons up until 2003. Over the years, the company seems to have lost focus on its original strategy based on product differentiation and spread itself too thin in pursuit of multiple objectives. It is clear that the values on which Thorntons was originally founded were the principal reasons for the company’s initial success in Britain. From the very beginning, a combination of the quality ingredients that Thorntons had used and the manufacturing expertise it had developed for its core products were the key reasons for its success. Indeed, upon originally launching itself in the United Kingdom’s confection industry, Thorntons succeeded in positioning itself as a chocolate specialist and offered a wide range of products (positioned as “top of the line” in the competitive boxed-chocolate market and therefore appealing to a certain market segment). Additionally, one of the company’s competitive advantages came from the freshness and consistency of its hand-made products; these two characteristics were essential to Thorntons’ initial success in positioning itself as a purveyor of specialty chocolate which was of exceptional quality.…

    • 4040 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    Mission Statement: Our mission is to be the world's premier consumer Products Company focused on convenient foods and beverages. We seek to produce financial rewards to investors as we provide opportunities for growth and enrichment to our employees, our business partners and the communities in which we operate. And in everything we do, we strive for honesty, fairness and integrity.…

    • 808 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The mission of a company is what they want to achieve . This company wants to educate professionals that are reliable and skilled in their area.…

    • 588 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Since 2010 the majority of immigrants coming to Canada are from the Philippines, India and China immigrant population is steadily increasing with majority of it…

    • 1836 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Godiva brand works very hard, trying to present to their customers all the best, the highest and premium quality in Belgium chocolates, and also is important to know that all this chocolates are handcrafted. Looking to achieve all their goals the company makes and sells lots of delights like for example bonbons, truffles, flavored coffee, cocoa mixes, cookies, ice creams, and liqueurs.…

    • 818 Words
    • 4 Pages
    Satisfactory Essays

Related Topics