Order ID | 53563633773 |
Type | Essay |
Writer Level | Masters |
Style | APA |
Sources/References | 4 |
Perfect Number of Pages to Order | 5-10 Pages |
Examination of Recommendations for Companies
Examination, Recommendations, Companies
Our group had various recommendations for the company. Most importantly, we think
that Playa Bowls must implement a strict structure for franchisees to follow.
As the company continues to expand and grow, it is essential that they do not lose
sight of their roots and their values. Currently, they are corporately structured to operate
a small-scale business model. As the company expands, they need to implement a plan
that will help them structurally oversee and manage all operations efficiently and
effectively.
One way we suggest they achieve this is by incorporating some vertical structure to
their corporate business. They can do so by having a more organized platform for the
executive team.
They must alter their current structure in a way that allows for better management all
while staying focused on their flat-natured culture that their customers have grown to
love. Or group felt as though Playa Bowls would benefit best from this new structure.
As the company continues to grow, new related products (like poke bowls, smoothies,
soups, and oatmeal) will cut costs and strengthen the brand. This is so because
management will easily be able to translate their customer’s wants and needs into the
products that are sold in stores.
Overall, the company should develop six strong business units including operations,
marketing and public relations, accounting, legal, supply chain, and research and
development.
2. Future State – Noah
Example- Future State:
Once Playa Bowls has successfully dominated market share domestically, they will start
their expansion internationally. Since the franchise has grown into over 50 stores over
the past two years, it is safe to say that the international expansion is right around the
corner.
With such expansions underway, the company must assure that they have a
headquarter set up prior to the opening of the international stores. It is especially
important for them to have a headquarters since they are new to the franchise and
international. Their structure must be pristine in order to assure success.
A headquarters will also help to ensure that the stores maintain its culture that the
customers have grown to love. The Playa Bowls brand was built on the “Pineapple land”
experience and must be sure to keep that brand strong internationally.
3. Expectations -Noah
Example – Expectations:
Our groups expectations for Playa Bowls continues its rapid growth and takeover of the
industry. It is anticipated that Playa Bowls achieves its goal of becoming a full-on
nationwide company. That goal seems easily achievable considering they have 65
locations all across the globe they have already partially achieved their goal and will
continue too fully do so.
The fact that they were not just willing to settle just on the east coast but to go
nationwide shows the culture and the confidence of the company as a whole. Like we
said previously the sky's the limit the limit for Playa Bowls and they are going to achieve
their goal of continuing to grow nationwide.
4. Value Chain Analysis -Noah
Example – Value Chain Analysis
The value chain analysis pertains to the internal activities a business engages in when
converting inputs into outputs. Primary activities add value directly to the business and
support activities add value indirectly. Playa Bowls primary activities can be segmented
into four areas; sales, marketing, supply chain, and operations.
These functions can be handled by the founders and don't have to be outsourced. For
example, co-founder Robert Giuliani handles most of the operations of the business,
including finding locations and acquiring new storefronts.
Similarly, Abby Taylor, another co-founder, handles the creative aspects of the brand
such as their social media accounts and marketing strategies. Much of their business
depends on the Brazilian suppliers of acai which is one of the major cost drivers of their
products.
To increase supporting activities, Playa Bowls are sought to develop acai farms in the
U.S. By doing so they would decrease their dependence on international suppliers.
When recruiting employees, Human Resources goes to social media platforms like
Indeed and LinkedIn.
In addition, the brand utilizes an applicant tracking system through their website. New
employees must participate in training up to two weeks. Playa Bowls outsources their
accounting to a firm;
however, the financials and contract negotiations of the company are also watched by
such top managers as Giuliani and Gary Moss. The final support activity is firm
infrastructure which looks at the processes, policies, and procedures of each store.
5. Competencies -Noah
Example – Competencies & Capabilities
A company's core competencies are particular strengths ingrained into a business's
culture and operations. These are extremely crucial in achieving and maintaining a
firm's competitive advantage. Playa Bowls offers a unique experience like no other and
provides customers with an unmatched experience, this is their competitive advantage.
By offering a healthy and fresh menu, Playa Bowls can create values to those who are
seeking alternatives to fast food. Since they are now also formulating their own acai,
this will give them even more control over their product and potential recipes, thus
strengthening their core competencies.
6. Summary of Recommendations -Noah
Example – Summary of Recommendations
Since the first pop-up stand opened in Belmar, Playa Bowls has been the most popular
healthy food options for the younger generation. The founders of the company are
under thirty years old and the young management team has been able to design the flat
organizational structure to give the employees the chance to play a significant role in
further developing the company and its culture.
However, with the company recording over $50 million in revenue in under 5 years,
Playa Bowls is well into their franchising process causing their original flat
organizational structure to no longer be as effective. Because of this Playa Bowls’
management team recently took the necessary steps to begin integrating a vertical
business structure by hiring for more corporate like positions such as VP of Business
Development and Operations and a CFO.
Obviously, Rob and Abby, the two founders, act as CEO and CMO running the whole
business from the top as everything gets reported to them. As they continue to franchise
and grow nationally, this vertical business structure will help each franchise report to the
necessary management who is responsible for each of the six business units that they
will need to further develop.
Some of the areas that they will need to scale while their business keeps growing
includes an operations team, marketing/PR team, accounting team, legal team, supply
chain team, and research & development team. All Playa Bowls employees have
always been equally included which gives them the chance to share thoughts and ideas
to executive management.
The young management teams encourage feedback and listen to other innovative
ideas employees come up with and that has been a main reason for the trendsetting
success. This aspect of Playa Bowls business has given them an advantage over their
competitors and as they continue to grow, we recommend they do not lose sight of this
important quality.
If the employees continue working in an environment where they feel like their thoughts
and ideas are valued by quickly growing management teams, then they will continue
|
||||||||||||||||||||||||||||||||
GET THIS PROJECT NOW BY CLICKING ON THIS LINK TO PLACE THE ORDERCLICK ON THE LINK HERE: https://www.perfectacademic.com/orders/ordernowAlso, you can place the order at www.collegepaper.us/orders/ordernow / www.phdwriters.us/orders/ordernow |
||||||||||||||||||||||||||||||||
|