Executive Summary
The research report was written about the Key strategic and operational problems faced by the organization. There are
the wide ranges of the companies which are facing the several issues related to
executive management and critical strategic, but for this research, the McDonald’s is selected as the subjected
company for analyzing its various problems
due to its key strategic and operational management. Firstly, the McDonald’s is introducing
according to its worth in the market then its multiple
challenges and difficulties are discussed
excellently one of these issues are
disconnection among the customers and operational management of the company, and then this issue is analyzed in effective
manners. In the last part of the report,
the recommendation is provided as a solution to
these problems.
Introduction of Key strategic and operational issues faced by the McDonald’s
McDonald’s is
considered as the one of the public traded company which is dealing with
the products of the fast food ad this is founded in 1940 in the United States of America the company is growing by
operating in the retail stores, and this
company has arrangements of the partnership
across the globe. In Oak Brook, Illinois the headquarter of the company is
located. Richard and Maurice are known as the founders of the
McDonald’s who have started this business on partnership. Now the company has been boasting in over 36 000 locations across
the globe. The firm employs a whopping
420 000 employees as the record of the year 2014
shows it. ‘I Love It’ is the
slogan of the company and the letter “M” is the branding of the McDonald’s. The reports are conducted for measuring the operational
issues of the McDonald’s which it has faced due to its management and several other
perspectives (GREGORY, 2017).
Methodology of Key strategic and operational issues faced by the McDonald’s
The research report is conducted by using the secondary source of
data which is related to the operational issues of the McDonald’s. The qualitative research design is used for analyzing the operational problems of McDonald’s.
The qualitative research design leads toward the preexisting data related to McDonald’s which is available on various websites.
Several research studies are provided for
supporting the analysis of the operational issues of the McDonald’s as well as
many studies are conducted for the strategic planning of the McDonald’s. For
analyzing the various problems of the
strategies of the McDonald’s multiple websites are search, and the data is collected
from the numerous research studies which are conducted for many other research projects
and few of the issues are performed from
the annual report of the McDonald’s (Bhandari,
2017).
Analysis of Key strategic and operational issues faced by the McDonald’s
There are
various issues which are facing by the operation managers of the McDonald’s few of these issues can be
explained in such ways as; The confidence of the CEO of the McDonald’s has been
inspired for the commitment of the organization for the value creation of the
product at where the customer is assuring the value of their money. The experiences of the customer don’t focus by the McDonald’s because when the customer received
their products, they always demanded the
higher value for this product (Sec Gov,
2004).
The other one major problem which
have been faced by the McDonald’s
that is related to the disconnection among the perception of the operation
management and customer the head of the McDonald’s has understanding according
to three points as quality, aspiration, and love
which are also considered as the three basics attributes which will be helpful
for enhancing the customer loyalty. The perception of the public for the McDonald’s has become the primary
source for the quality of the McDonald’s (Wibowo & Handayani, 2017)
Findings and Conclusions on Key strategic and operational
issues faced by the McDonald’s
The assessment of the operations of the organization
discloses that the clients are moving far from the undertaking's items. In that
regard, McDonald's is persistently losing the cutting-edge clients. Since
recent college grads are settling on its rivals, for example, Starbucks.
McDonald’s appearances in the absence of allure to twenty to thirty-year-olds who include the future client
base are the methodology taken to
showcase the organization's items to the customer base. Marking as a methodology embraced by McDonald's influences it to
request the administrations of organizations that thus deal with the brand
picture.Recommendations of Key strategic and operational
issues faced by the McDonald’s
By analyzing the whole case of McDonald’s it is
recommended for the company to uses Total Quality Management
effectively, that involves the quality management at all level in the company,
include; production, customers, suppliers, etc.
This also
permits McDonald’s to regain
competitiveness in the market to attain increased satisfaction of the customer.
McDonald’s uses this
technique to develop their products quality continually.
It is also imperative
for the McDonald’s to effectively manage the
operations teamwork and also make sure that all staff members are involved in
the process of production, it means that all employee in the McDonald’s understands their roles. Therefore it would also help the company in
improving motivation and morale and increasing efficiency. In the company like McDonald’s Corp the Total Quality Management must
be put into practice to increase the involvement
of customer as a lot of organizations, together with McDonald’s
take pleasure in the chances to get information and feedback from customers. McDonald’s businesses can use a lot of software or
tools related to project management to shorten the managing projects task. On
the whole, by reducing costs and waste, provide McDonald’s
with a competitive benefit (Martichenko & Grabe, 2018).
References
of Key strategic and operational issues faced by the
McDonald’s
Bhandari, N. C., 2017. Walmart-Bharti Joint Venture:
Formation, Breakup & Strategies. Academy of Strategic Management
Journal, 16(1), pp. 209-224.
GREGORY,
L., 2017. McDonald’s Operations Management, 10 Decisions, Productivity, s.l.:
Canmore.
Martichenko,
R. & Grabe, K. v., 2018. Designing and Implementing: Lean in Your Supply
Chain. [Online]
Available at: https://www.scl.gatech.edu/sites/default/files/downloads/leancorgtscl-designing_implementing_lean_insc.pdf
[Accessed 19 November 2018].
Sec Gov,
2004. NATIONAL BEVERAGE CORP. [Online]
Available at: https://www.sec.gov/Archives/edgar/data/69891/000095014404007513/g90168e10vk.htm
Wibowo,
A. T. & Handayani, N. U., 2017. Design implementation of lean supply chain
management: A case study on the loading process of fertilizer at PT Petrokimia
Gresik port. AIP Conference Proceedings, 1902(1).