Localised Strategy Over Globalisation McDonalds Case Study The world No.1 fast food chains, McDonalds introducing new ‘Rice Burger’ to meet local taste.

Slides:



Advertisements
Similar presentations
Yum! China Case Study Analysis
Advertisements

Essential Retail Studies Tutorial 12 HS0802(HB) Group Members: JolInna Ang Noor Fakheerah Tan Meiling Alex Wo ng.
Jollibee Food Corp By Yankees Spring Overview History of Fast Food History of Jollibee Jollibee Vs. McDonalds Jollibee International Division Strategy:
By: Megan, Shayla & Angela.  Final element in a retail strategy  Retailer builds a wall around its position in a retail market By building a high thick.
SWOT Analysis ! S W O T.
EVALUATING A COMPANY’S EXTERNAL ENVIRONMENT
THE UK FAST FOOD INDUSTRY
FedEx Corporation Must be included:
Topic 6 Industry Environments
BUSINESS STRATEGY THE CATERING SECTOR INTERNATIONAL HOSPITALITY MANAGEMENT Group th November 2001 BECKY DEADMAN, KATY EAGLE, LISA GALLAGHER, LAURA.
Student Version.
Yum! Brands, Pizza Hut, and KFC Jeffrey A. Krug
Business Strategy and Policy
The Strategy of International Business
 Business Level Strategies are the course of action adopted by an organization for each of its businesses separately, to serve identified customer groups.
Essentials of Management Chapter 4
Presented by : Nadine Youssry Soha El-Baktoushy Walaa Samy Presented to : Dr.Nagwa Mohamed.
Part B - INNOVATION AS (3.1): Demonstrate understanding of how internal factors interact within a business that operates in a global context.
The Product Development Challenge Session COM-42 A Personal Lines Perspective.
Small Business Strategies: Imitation with a Twist
Chapter 6: Strategic Brand Management
Understanding Business Strategy
CHAPTER 7 STRATEGY AND STRATEGIC MANAGEMENT
Albert Lee Robert Hupcher Dee (Da) Ham Nicholas Lawrence Zhengning Li.
Chapter 7 Corporate Strategy and Capital Budgeting Decision
Strategic Planning and the Marketing Management Process.
Case #9 Procter and Gamble In Europe Group#6
Strategic Cost Management
Materials Innovations In An Emerging Hydrogen Economy February 24 th, 2008 Title: Introduction of the Hydrogen Economy in Emerging Markets Jose Ignacio.
SWOT ANALYSIS.
 Innovation By Alma Bautista, Ken Hau, Michael Corral.
Copyright © 2008 The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Strategic Management: Text and Cases, 4e 6 Corporate-Level Strategy:
1 1 Slide Chapter 2 Operations Strategy in a Global Environment Professor Ahmadi.
New Distribution Models For Financial Services Italian Banking and the Internet Monday, February 14, 2005 Scoba Rhodes Anthony Rowe John Stathatos Mario.
INTERNATIONAL MARKETING MANAGEMENT SESSION 3: ESTABLISHING INITIAL ENTRY OBJECTIVES: DEVELOPING COMPETITIVE ADVANTAGE 1.
McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved.
PRODUCT LIFE CYCLE.  The Product Life Cycle (PLC)  The Product Life Cycle (PLC) is based upon the biological life cycle. For example, a seed is planted.
Nokia Names. NOKIA VIDEO Background NOKIA Forest industry enterprise in southwestern Finland. Manufacture pulp and paper on the Nokia River
C3 Information Systems, Organizations, and Strategy.
McDonald’s Group members: Rachel Rusty Jada Many.
KFC’s Multinational Differences
HOW COMPETITION AFFECTS THE MARKET. Competition and the market Very competitive markets puts businesses under pressure – it means they have to encourage.
INTERNATIONAL MARKETING MANAGEMENT SESSION 3: ESTABLISHING INITIAL ENTRY OBJECTIVES: DEVELOPING COMPETITIVE ADVANTAGE 1.
Chapter 4 Learning an Industry. Copyright © Houghton Mifflin Company4-2 Overview Industry life cycle Industry structure The environment of the industry.
Adriana Masnyj Raquel Flores Andrew MacDonald Christofer Russo.
For and against- discursive writing For and against- discursive writing Fast Food.
The Fast Food Industry Albert Lee, Robert Hupcher, Dee (Da) Ham, Nicholas Lawrence, Zhengning Li.
McDonald’s Corporation in the New Millennium Futurists Ashley Caldwell Harold Goldsberry Courtney Hamm Brandon Johnson.
Exploring Corporate Strategy. Nokia :Vision: Voice Goes Mobile….If it can go mobile – it will :Mission: Connecting People.
STRATEGIC MANAGEMENT BUSINESS-LEVEL STRATEGIES Prof. Dr. Kemal BİRDİR.
KFC Expanding Globally By: Austin Katsnelson. KFC One of the most popular fast-food restaurants in the nation Owned by Yum! Brands in China Significant.
STRATEGY CHOICE MICHAEL PORTER ’s competitive strategies.
Yum! China East Dawning's fast food.  Today there are over 3,300 KFC restaurants in more than 700 cities in China  Yum’s strategy is to be the leader.
1 IS Theories & Practices On Competition IS 655: Note 2 CSUN Information Systems.
Entrepreneurial Strategies. A Major Shift... From financial capital to intellectual capital – Human – Structural – Customer.
©2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Harsh Arora 1 Defining customers value & satisfaction Session 1 Sem. II (Marketing Management)
McDonald’s.
Global Marketing Linsey Mendoza
Michael E. Porter Born in Professors in Harvard Business School.
Porter's Five Forces A MODEL FOR INDUSTRY ANALYSIS
Creating Business Advantage with IT
International Strategy
Understand that corporate-level strategies include decisions regarding diversification, international expansion, and vertical integration Describe the.
Lecture 4: Competitor Analysis
Marketing Position Concepts
Corporate-Level Strategy
Chapter -03 summary.
How To Stand Out Your Business
The External Marketing Environment
Presentation transcript:

Localised Strategy Over Globalisation McDonalds Case Study The world No.1 fast food chains, McDonalds introducing new ‘Rice Burger’ to meet local taste Would this market method help its products on local appearance or ruin its image to the customers as whole? Its unbeatable history has been beaten. Restructure will help securing its leadership in industry Core business has been challenged as phenomenon of globalised economy. Business strategy becoming localised will not bring more sales, but also it’s getting into fierce local competition Enhancing on it core elements of business will help to survive

Brief Introduction to The Case McDonalds Case Study After popularity of introducing ‘Rice Burger’ and sale increase in Taiwan, the new product was quick spreading in Asian countries. It seems an innovative product based on local knowledge and taste, however it disobeys McDonalds’ image: Pure American Style and get into competition with local restaurants and take-aways. Thus this rewrites its marketing strategy and the range of competition in local. R&D on new products and elevation of existing products are keys to gain sustainable development in food industry.

Challenges to Core Business McDonalds Case Study The success of McDonalds is that McDonalds brings American diet: beef burger, chips and coke into the world. Its key value based on American style: convenient and tasty, it makes slight adjustment on its food based on local taste accordingly, yet its key value is not affected. New product based on local knowledge has significantly impact on it key value and makes no difference with local competitor, so the question is why people bother to eat that in McDonalds? Previously McDonalds was competing with KFC, Burger King and Pizza Hut which offer similar American food, the new product has enlarge its competitors’ range to locals. Would it be capable to compete after 10 years of market entry?

Restructure McDonalds Case Study Since 1970s McDonalds opens first restaurant in the United States, it has been quite struggling in most of countries it serving. After its restaurants shut down in Middle-east and South America, it’s unbeatable history ended. Critics say it is not working hard on its core business elements: efficiency & product Evidences show McDonalds is going to restore its 2000 restaurants in US and EU, and put new facilities in its restaurants. The emerge of new product is just an indicators of its restructure. Being honest, McDonald is first food corporate that put measure on its packing to build a loyal brand.

How to survive? McDonalds Case Study If its product makes no different with others, then it should enhance it efficiency on service. The environment of restaurant is crucial and is one of advantages over Stalls Make alliance with other companies to expand its service and this can minimize risks.

Conclusion McDonalds Case Study In fierce competition, focusing on existing products is unlikely the way to success, However, launching new products by changing its core value is very risk and make customer has more alternative options about where to eat. Massive competition would help the corporate to grow stronger in local market, yet it would be beaten without clear direction. Keywords: Globalisation, Localised Strategy, Innovative Product, Core Value, Restructure, Phrase: Fast(Quick) Food fast(quick)=efficiency & food=product. Presented By: Nan Jiang