strategic management skills for MacDonals ’ SM 0374 Assignment Tutor: Tony Purdie Date: 09/05/2012 Word count: 3233 words Contents 1.0 Part A: Question 1 2 1.1 The Successful of McDonald’s Corporation 2 1.2 Reasons Underpinning Success 4 1.2.1 High Research and Development Group 4 1.2.2 Hamburger Universities 5 1.2.3 Talent Management System 5 1.2.4 to Satisfy Different Area of Customers’ Demand 5 1.2.5 Strong Brand Name 6 1.2.6 Franchising 6 1.2.7 High Performance
Premium Leadership Strategic management Fast food
Strategic Groups * “the group of firms in an industry following the same strategy along the same strategic dimensions” (Porter‚ 1980) * “a set of firms competing within an industry on the basis of similar scope and resource commitments” (Cool & Schendel‚ 1968) Competitive strategy = a choice of which strategic group to compete in = the choice of the easiest group to ‘get into’ Strategic groups are organisations within an industry with similar strategic characteristics‚ following similar
Premium Strategic management Marketing
STRATEGIC MANAGEMENT REPORT FOR MENGNIU GROUP EXECUTIVE SUMMARY Mengniu Group is now the Chinese second largest dairy enterprise with total assets of 7.6 billion‚ 30‚000 employees and dairy product ability of 4 million tons annually (Mengniu 2006). This report firstly provides an overview of Mengniu‚ which includes number of employees‚ assets‚ sales‚ performance‚ the type of products it provides‚ its location including an organization chart showing the formal structure of the organization‚ and
Premium Milk
The current issue and full text archive of this journal is available at www.emeraldinsight.com/0048-3486.htm The role of strategic groups in understanding strategic human resource management Judie M. Gannon Oxford School of Hospitality Management‚ Faculty of Business‚ Oxford Brookes University‚ Oxford‚ UK The role of strategic groups 513 Liz Doherty Business School‚ Sheffield Hallam University‚ Sheffield‚ UK‚ and Angela Roper School of Hospitality & Tourism Management‚ University
Premium Human resource management Management Strategic management
1. Which characteristics of McDonald’s production system have been most important in building its record of success and growth? McDonald’s operating system is built on the characteristics of guaranteeing uniform quality and service and maintaining it remarkably consistent across all units. It mainly focused on factors such as providing customers with pleasant experience‚ fast service and tasty and inexpensive food. McDonald’s took several measures to ascertain consistency across units. In their
Premium Hamburger Fast food Marketing
Strategic Marketing Management Group Project Topic: Cathy Pacific Table of contents Cover Page P.1 Table of Contents P.2 Executive Summary P.3 Introduction P.4 Analysis of Current Marketing Situation P.5-11 Business Portfolio Analysis P.12-13 Growth Strategies and Positioning Strategies P.14-17 Conclusion and Recommendation P.18 Appendix and Reference P.19 Executive Summary The purpose of this study is to analyze Cathy Pacific
Premium Cathay Pacific Airline
Syrian Arab Republic McDonalds Company Strategic Analysis By: Dana H. INDEX: 1. COMPANY ANALYSIS 1.1 Description of the firm (history‚ managers‚ mission‚ vision‚ values‚ main products and markets) 1.1.1. History 1.1.2. Managers 1.1.3. Mission. Vision. Values 1.1.4. Main Products and the markets 1.2 Current strategy of McDonald’s 1.3 Identification of strengths & weaknesses 1.4 Issues facing McDonald’s 2. EXTERNAL ENVIRONMENT ANALYSIS 2.1 Analysis of McDonald’s macro-environment
Premium Fast food Fast food restaurant
SayMcDonald’s?The business began in 1940‚ with a restaurant opened by siblings Dick and Mac McDonald in San Bernardino‚ California. Their introduction of the "Speedee Service System" in 1948 established the principles of the modern fast-food restaurant. The original mascot of McDonald’s was a man with a chef’s hat on top of a hamburger shaped head whose name was "Speedee"‚ which was eventually replaced with Ronald McDonald in 1968. The present corporation dates its founding to the opening of a franchised
Premium Fast food restaurant Hamburger Fast food
McDonald’s India was incorporated as a wholly owned subsidiary – McDonalds India Pvt Ltd (MIPL) in 1993. In April 1995‚ the wholly owned subsidiary entered into two 50:50 joint ventures. The first with Connaught Plaza Restaurants (Mr Vikram Bakshi) to own and operate the Delhi restaurants‚ and Hardcastle Restaurants (Mr Amit Jatia) to own and operate the Mumbai outlets. This marked the beginning of an incredible era in the international McDonalds timeline. It was the beginning of remarkable growth‚ lengthy
Premium India Mumbai Hamburger
Financial Analysis of the McDonald’s Company MCD‚ exchange where traded NYSE 2111 Midwest Road‚ Oak Brook‚ IL 60523 (630) 623-3000 PART 1‚ COMPANY OVERVIEW: a. McDonald’s is an American fast food chain that sells a variety of fast food alternatives‚ but most notably has earned its reputation and success for the hamburger. It is the largest fast food chain in the world‚ with globally recognized “golden arches” symbolizing a reliable meal can be had in over 119 countries. McDonald’s
Premium Financial ratio Fast food Inventory