1 / 12

Hard Rock cafe

By SouthPark. Hard Rock cafe. What is Hard Rock?. Hard Rock is one of the worlds leading and well known brand in restaurant industry. It has 110 restaurants in 41 countries. And it continue to grow! First cafe was opened in London in 1971. Mission of Hard Rock.

chaeli
Télécharger la présentation

Hard Rock cafe

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. By SouthPark Hard Rockcafe

  2. What is Hard Rock? Hard Rock is one of the worlds leading and well known brand in restaurant industry. It has 110 restaurants in 41 countries. And it continue to grow! First cafe was opened in London in 1971.

  3. Mission of Hard Rock. The mission of Hard Rock is to provide their customers with unique experience and attract new clients.

  4. What is Strategy? Strategy is the direction and scope of an organisation over the long-term, which achieves advantage in a changing environment through its configuration of resources and competences with the aim of fulfilling stakeholders expectations

  5. Hard Rock’s Strategy. Hard Rock’s strategy is to provide not only a custom meal from the menu, but a dining event that includes a unique visual and sound experience not duplicated anywhere in the world.

  6. Strategic Position (SWOT) • Strengths. Brand recognition, customers loyalty, unique experience. • Weaknesses. Number of restaurants • Opportunities. Related diversification • Threats. Competitors like McDonald’s (cheaper substitutes)

  7. Differentiation • Objective Incorporate differentiating features that cause buyers to prefer firm’s product or service over the brands of rivals • Keys to success Find ways to differentiate that CREATE VALUE for buyers and that are NOT EASILY MATCHED orCHEAPLY COPIED by rivals Not spending more to achieve differentiation than the price premium that can be charged

  8. Hard Rock is using Differentiation (mode of competing) to achieve competitive advantage on the market. Hard Rock is offering benefits different from its competitors. Value creation is one of the keys of differentiation. Hard Rock products are highly valued by clients. Clients develop loyalty to brand and it helps to beat RIVAL COMPETITORS in the marketplace. Differentiation in Hard Rock

  9. How? The main target of any firm is to create competitive advantage over rivals. To create this advantage, firm has to find right strategy. And it can be achieved when managers make effective decisions in 10 Areas of Operations Management. They are collectively known as operations decisions.

  10. 10 Decision Areas of OM • Goods & service design • Quality • Process & capacity design • Location selection • Layout design • Human resource and job design • Supply-chain management • Inventory • Scheduling • Maintenance

  11. Considerations • Political risk • Currency risk • Social norms • Brand fit • Social costs • Business practices

  12. Success of Hard Rock • Uses domestic model globally and franchising operations where it makes sense to do so. • The core of each restaurant is dynamic and unique, designed to reflect global experience strategy. • Merchandised shop in each cafe. • E-commerce strategy to extend global branding. • Attention to each guests experience.

More Related