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Swot Analysis: Weakness ES Strengt HS

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SWOT ANALYSIS

STRENGT WEAKNESS
HS Strategies
*Promotional *Food quality perceptions
*Queues during busy periods
ES
*Brand name
*Product range *Vegetarian options
*Brand value *Weak product development
*Successful advertisement *management of franchise/joint venture
*Collaborations with big companies *Dissatisfied franchises
*Competitive price *Heavy Calorie Menu
*Professional training for employees *Lack of product innovation
*Clean environment and play space for kids *limited menu
*Perception of unhealthy food

OPPORTUNITIE THREATHS
S
*Expansion to vegetarian market *Other fast food retailers
*Growing dining out market *Increased heath consciousness
*Internationalization *Intensifying competition
*further development in sales *Weakened dollar
*Partnership with other brands *Delivery Services
*large increase of profits *Strong image and equity
*Declining market share *Change in customers lifestyle and taste
*saturated nature of the fast food business *Aggressive international expansion
*product diversification *changing demographics
*loss of market share
Pt#2

How do you plan and strategize your studies, and which among the types of
plans is/are effective in carrying out these plans and strategies and why?

I am planning to improve my strategies in finishing my studies such as:


upgrading my time management and minimize it, by removing unnecessary
chores or tasks. By developing my irrelevant habits, and engaging my time in
advance studying and focusing in my future, also to enhance my ability,
capability, and skills. Among the types of planning, I choose to do mine in an
operational plans, which is under the breadth way. The type of plan that
specifies the information of how the overall goals are to be attained. For me
this is the most appropriate way of planning my goal because it assures me that
I can identify areas that aren’t generating as much revenue as I should and
moreover it can help me establish what I need to change for a better strategy
of achieving my goal. This operational way can also be a fit to me by helping me
foresee the results of my acts.

Agree or disagree with the following statements then discuss:


a. “Proper Planning Prevents Poor Performance."
I agree with the statement “A proper planning prevents poor performance”,
planning is one of the key in 5 p’s for setting successful goals, and it has many
different types. Just like what James Baker wrote on his book about his
grandfather starting a law firm. Baker’s grandfather gave all those young
lawyers five points to remember they are called the 5 P’s, which stands for
Proper Preparation Prevents Poor Performance. This statement is applicable for
any leader, in any organization. But in year 2016, Mr. Ben McKibbens stated
that he added another 1 P’ in to the 5 P’s which stands for procrastination.
Achieving your goal based on how you plan it, will help you reach your
destination easily with less troubles and difficulty. Doing everything according
to your proposition will avoid common struggles, such as: delays in your works,
unexpected problems, unwanted situations or distractions and etc.
b. “Managers believe that as long as they work as planned, it is satisfactory."
I also agree with the statement saying “Managers believes that as long as they
work as planned, it is satisfactory.” Well managers are trained to be prepared,
and wise in planning, they do their job according to the plan given to them. A
plan which is appointed to them, stands as a blueprint of their company.
Managers needs to follow the composed plan’s process, because it provides
information that a top manager need for an effective decisions in allocating
resources. Performing the job based on the plan will help you foresee the
future of the company, it can haelps in efficient utilization of available
resources, and to achieve specific goals.
Discuss why planning is beneficial?
Planning helps in preventing or reducing the unwanted situations, uncertainties
of future, unexpected turn of events, confusion in operating, and misguided
goals. It is so important because it gives us a guide for action. Working as
planned can leads and encourage everyone to act towards the desired
outcomes. It allows flexibility, sets your action in a performance standards, and
will provide you motivation and commitment.
What role does, and should, technology play in planning?
The technology plays a big role in planning by simply providing informations
and platforms that you can watch, read and listen, for more supply of help that
you requires. Technology should improve the accuracy of your plans especially
in management because the data that are necessity for decisions are provided
by the technology. It also enables the company’s management to access some
guide for important operations.
Will planning become more or less important to managers in the future?
Why?
Based on what I had read, “Planning will become more important to managers
in the future because of the uncertainty in an increasingly dynamic
environment. Changes constantly occur in both the general and specific
environments of organizations, and many of these changes take place rapidly”.
It says that planning will always be the best piece in winning or achieving your
goal, whether it’s in this era or in the future. It is very important section
especially in business to prevent poor performances, and it allows the business
to operate more efficiently, without planning, the path towards the future will
be disoriented.

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