Order Number |
636738393092 |
Type of Project |
ESSAY |
Writer Level |
PHD VERIFIED |
Format |
APA |
Academic Sources |
10 |
Page Count |
3-12 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.
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.
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.
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.
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.
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 successful growth.
RUBRIC | |||
Excellent Quality
95-100%
|
Introduction
45-41 points The context and relevance of the issue, as well as a clear description of the study aim, are presented. The history of searches is discussed. |
Literature Support
91-84 points The context and relevance of the issue, as well as a clear description of the study aim, are presented. The history of searches is discussed. |
Methodology
58-53 points With titles for each slide as well as bulleted sections to group relevant information as required, the content is well-organized. Excellent use of typeface, color, images, effects, and so on to improve readability and presenting content. The minimum length criterion of 10 slides/pages is reached. |
Average Score
50-85% |
40-38 points
More depth/information is required for the context and importance, otherwise the study detail will be unclear. There is no search history information supplied. |
83-76 points
There is a review of important theoretical literature, however there is limited integration of research into problem-related ideas. The review is just partly focused and arranged. There is research that both supports and opposes. A summary of the material given is provided. The conclusion may or may not include a biblical integration. |
52-49 points
The content is somewhat ordered, but there is no discernible organization. The use of typeface, color, graphics, effects, and so on may sometimes distract from the presenting substance. It is possible that the length criteria will not be reached. |
Poor Quality
0-45% |
37-1 points
The context and/or importance are lacking. There is no search history information supplied. |
75-1 points
There has been an examination of relevant theoretical literature, but still no research concerning problem-related concepts has been synthesized. The review is just somewhat focused and organized. The provided overview of content does not include any supporting or opposing research. The conclusion has no scriptural references. |
48-1 points
There is no logical or apparent organizational structure. There is no discernible logical sequence. The use of typeface, color, graphics, effects, and so on often detracts from the presenting substance. It is possible that the length criteria will not be reached. |
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