BSBA Integrative Project Integration
Construct a consolidated table summarizing all your objectives, measures, targets, and action initiatives.
Measure
Target
Action
Expand into China, the world's largest growing market
Number of stores opened and sales figures
To grow from 500 stores in 2012 to 1,500 by 2015 (White 2012)
Cultivate local relationships with businesses to engage in joint ventures: create menus and atmosphere to suit Chinese tastes
Increase number of stores in Brazil
Number of stores opened and sales figures
"Brazil is a market that we think can have 1,000 stores, at least, and we are sitting with less than 100," according to CEO Howard Schultz (Allison 2012).
Improve upon menu to include brigadeiro-flavored Frappuccinos and a distinctive Brasil Blend to compete with native Brazilian coffee houses (Allison 2012).
Open new profitable stores in U.S. To replace stores that it closed
Number of stores opened and sales figures
1,500 stores in profitable, high-trafficked locations in the U.S. (USA Today, 2012)
Analyze locations and markets carefully before re-expanding in domestic market
Supplement the table prepared with a 2-page report discussing the following issues:
List the strategic goal(s) being pursued and explain why they're important to your organization.
Starbucks is the leading company in the coffee industry. The company prides itself on engaging with communities and providing customers with unique experiences to ensure future success and growth. All the units have been properly equipped to enable them operate in different atmospheres. Through its global Starbucks experience reputation and its customer engagement, the organization is up to the challenges of the current market demands (Jones & Hill, 2007). Starbuck's vision and mission are used to design strategies for development. An effective company strategy is one, which assists the organization to achieve its vision and mission.
The company's mission, vision, and strategy have been intertwined. The mission statement provides the inputs, the vision statement guides in developing strategies while strategies outlines what Starbucks will do in order to achieve its vision. The vision statement acts as a bridge between strategy and...
Integration - Causal Chains and Strategy SLP The balanced scorecard approach is a useful tool, applicable to most organizations for identifying strategic action plans. One of the most important advantages for a balanced scorecard is that it is able to provide information in a synthetic manner, making it easy to digest for decision makers, who often don't have the time to analyze all the deeper details, especially when the decision sometimes
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