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Published byClaude Bailey Modified over 9 years ago
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Innovation By Alma Bautista, Ken Hau, Michael Corral
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Basic Description History Radical Innovation Play to Win (Innovation Center) Ray Kroc, Chef, Barbara Booth Hamburger University
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Macro Environment Society Environmental Economy Global Expansion/ Culture Legal
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Top Competitors Starbucks Corporation Burger King Corporation Wendy’s/Arby’s Group, Inc.
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Sources of Innovation Innovation Center Innovation Council Strategic Innovation Process
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McDonald’s Capability Stock growth and revenue High brand value and market presence Growing opportunities Hot drinks market Franchise-operated restaurants
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Innovation Strategy & Implementation Autonomy Product studies Customer studies Technology
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Major Obstacles Competitive industry Increase in health-conscious consumers Volatility of food and labor costs Litigations Unsuccessful products
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Performance COMPANY Sustainable Supply Chain COMPETITION McDonald’s Vs. Other Fast Food Chains Stocks McDonald’s leads the Dow Jones
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Lessons Derived McDonald’s places the customer’s experience at the core of all they do McDonald’s is committed to their team McDonald’s believes in its “ 3-legged systems” McDonald’s operates their business ethically McDonald’s give back to the community
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Other Information Strive continually to improve They are a learning organization that aims to anticipate and respond to changing costumers, employee and system needs through constant evolution and innovation. Sustainability
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Questions
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