This strategic plan has been developed by the Sixers Consultant Agency group in order to provide a road map for supports, services and organization development to the management of Grace Kennedy Foods over the next Five (5) years (Hansen, 2008). The Board of Directors, Managers and staff will meet quarterly as it relates to the progress of the relevant divisions and provide reviews and update the plan annually (Ecdus.org, n.d.). Background statement/history Grace Kennedy Limited a parent company of Grace Kennedy Foods started in Jamaica in 1922 (Shaw, 2015). According to Michael Ranglin CEO of GraceKennedy Foods – North America and CEO and president of GraceKennedy Foods (USA) stated that “W.R. Grace, an American and Fred W. Kennedy, a Jamaican, …show more content…
In addition, the company has expanded into the U.S., Canada, the U.K., Europe and recently, Africa (Shaw, 2015). Furthermore, Grace Foods has emerged and implement an online shopping, the gracefoods.com. This is a partnership between GraceKennedy and EDIASPORA LLC (Shaw, 2015). Raglin further pointed out that Grace Kennedy purchased a Hispanic food company, La Fe of July 2014. The areas of specialties are frozen fruits, vegetables and traditional meal solutions and of course the US expansion has been successful because Grace Foods cater to the needs and wants of its customers (Shaw, 2015). According to the 2014 Grace Kennedy Annual Report the performance of the Jamaica Foods division was satisfactory despite the challenges; while revenue increases profits decline due to the depreciation of the Jamaican currency (Grace Kennedy.com, …show more content…
Shirley, OJ -Chairman, GraceKennedy Limited. Chairman, President and Chief Executive Officer of the Port Authority of Jamaica. Chair of GraceKennedy’s Compensation, Sub-Committee and Member of GraceKennedy’s Corporate Governance & Nomination Committee. Donald G. Wehby - GraceKennedy Group Chief Executive Officer. Courtney O. St. A. Campbell - JP Chief Executive Officer, GraceKennedy Financial Group Division. Mary Anne V. Chambers, O.Ont - Retired bank Executive, former Ontario Cabinet Minister (Canada) a member of GraceKennedy’s Audit Committee and Corporate Governance & Nomination Committee. Joseph P. Esau - Consultant on new project financing and mergers and acquisitions, a member Corporate Governance & Nomination Committee. Frank A. R. James - GraceKennedy Group Chief Financial Officer, a member GraceKennedy’s Audit Committee and Corporate Governance. Everton L. McDonald - Financial Consultant. Chairman of GraceKennedy’s Audit Committee, a member of the Corporate Governance & Nomination Committee. Gina M. Philipps - Black Attorney-at-law and partner in the law firm, Myers Fletcher & Gordon. Chair of GraceKennedy’s Corporate Governance & Nomination Committee. Michael K.A. Ranglin - Chief Executive Officer, GK Foods Division. Douglas R. Orane, CD, JP - Retired Company Executive, member of GraceKennedy’s Corporate Governance & Nomination Committee,
One current problem that Kudler Fine Foods has is that the strategic plan is not current, it does not fit the company’s current make up, and the owner is too involved in each store location to concentrate on the company’s long term
The recent years there has been many breaches in organizations throughout the globe. These attacks have had terrible outcomes and have cause Havoc on several companies because of the security that they had were vulnerable to external attacks. Many applications and software programs were infected. These attacks all occurred over the internet. As the internet keeps growing it is harder than ever to track down were the attacks generate from (location) that is. Because of these protocols, the security breaches still are occurring and difficult to eliminate and design a cure for them as they change as frequently as technology does. Because of the ease of the attacks, user simply click on a link and the attack is executed. Because of the recent
Chick-fil-A is affected by numerous external forces which challenge upper management’s ability to make Chick-fil-A "America’s best quick-service restaurant". Through intense strategic planning, based upon the vision, mission and corporate values, Chick-fil-A has been able to establish a unique position in a very competitive industry. The corporate purpose of Chick-fil-A, "To glorify God by being a faithful steward of all that is entrusted to us and to have a positive influence on all who come into contact witch Chick-fil-A", their commitment to family and the community, and their sound business decisions, have made Chick-fil-A one of the most profitable and fastest growing quick-service restaurants
Kudler Fine Foods is an upscale store in the food retail industry,that was founded in 1998 by Kathy Kudler. They have now established three stores in three major locations in the San Diego Metropolitan area those three locations are La, Jolla, Del Mar and Encinitas. ( Apollo Group, 2009)
Kudler fine foods is a premium food retailer whose business is primarily based on sales of bakery, meat, seafood, produce, dairy, and wine. It has ambitious plans but the tightening economy threatens its quality proposition and further expansion. A strategic focus on Kudler fine foods is to improve the level of convenience offered to customers. This strategy would enable its customers to buy more of what they want at Kudler fine foods. Facing the fierce global market competition, Kudler fine foods launches the developing innovative choices for consumers. With the concept of customers as “the foundation of
Carmen’s Fine Food was founded by 18 year old Carolyn Creswell in 1992. She worked at the small muesli business part-time before deciding to purchase it for $1,000 as the business was to be sold. In 2012, Carolyn Creswell was awarded the Telstra Australian Business Woman of the year. Carmen’s Fine Food is now the leading muesli brand in Australian supermarkets and exports to 32 countries according to the Australian Post (Australia Post Business Lounge | Be Inspired, Learn & Connect, 2017).
Today, Chick-fil-A is a family owned business and has over 1900 branches all over the United States and compose a net worth of $7 billion. According to Speigiel (2014), “In 2013, Chick-fil-A made over $5 billion in revenue, up from 4.6 billion in 2012.” In 2014, sales for the company had reached over $6 billion, creating a fast-food restaurant that is completely different amongst its competitors. In fact, its closest competitor is the Yum Brands, Inc the owner of KFC, Taco Bell, and Pizza Hut. An article in Business Insider entitled, “ The 15 Fastest-Growing Retailers in America” had the company ranked at number 10 with a 13 percent sales growth since 2011 (2012). The rapid success of the popular southern restaurant has led to company opening its first store in New York City. According to Kuafman (2015), the restaurant will be located at New York University at 1000 Sixth Avenue in Manhattan’s Herald Square. The new
As companies grow a build customers bases and increase services to meet these demands there is a need to enhance information technologies to continually “Strategic management involves major decisions, business choices and actions that chart the course of the entire enterprise” (Gomez-Mejia et al., p 156). The undertaking of strategic planning is usually the responsibility of executive staff of a company and in this case consists mainly of owner Kathy Kudler. She, in fact hired an intern to help her to create Kudler Fine Food strategic plan. Kudler Fine Foods focus is to
Kudler Fine Foods (Kudler), a gourmet shop, has recently decided to add organic produce to its product line up and implement a catering service. Actuating this business venture will affect Kudler 's suppliers, employees, and consumers. The focus of this paper is to explore how changes in technology have created business opportunities for Kudler, identify the strategy that Kudler should pursue, explore some of the tactics the organization should implement to realize the strategy, and review the role of management.
Kudler Fine Foods is an epicurean grocery store for the connoisseur in which noteworthy growth with a focal point on increasing revenue, advancement concerning the effectiveness of operations, and shortening the consumer acquisition cycle is Kudler’s main objectives. Enclosed in this term paper is the significance of marketing research pertaining to the expansion of Kudler Fine Food's marketing line of attack and identification of the regions in which Kudler calls for additional market research is necessary. In addition, a comprehensive analysis concerning the value of competitive intelligence and breakdown with relation to the improvement of Kudler Fine Foods marketing strategy and tactics is scrutinized.
This paper presents an analysis of the market structures, strategic planning, market environment, and internal environment of Kudler Fine Food in order to suggest the best market structure which can be helpful for its long-term profitability and recommend strategies which can make it more competitive and successful among its industry rivals.
Gordon Food Services, known as GFS Canada distributes fresh foods, canned and dry foods, fresh and frozen meats, seafood and poultry, special orders, equipment supplies and cleaning chemicals across all provinces of Canada. GFS Canada is one of the largest foodservice distributors in Canada.
Foods Fantastic Company is a public company which mainly operating regional grocery store in Maryland. This Company relies on application programs, such as bar-code scanner, to entre sales to the system. The FFC majority depends on the computer system to run their business. Based on this situation, the Information General Controls review is necessary for this company as the reason that ITGC is the foundation of every categories of the internal control.
From time to time, corporate executives encounter ethical dilemmas that seem rather challenging. In this text, I concern myself with an ethical dilemma faced by the top leadership of Nutritional Foods Inc. In so doing, I will amongst other things explain (in detail) the actions I would take were I to find myself in a similar scenario. I will also explain not only the reasoning behind my actions, but also the results I would be expecting.
Golden Valley Foods, Inc. is a 127-year-old company that prepares packages and sells canned and frozen foods which include fruits, vegetables, pickles and condiments. Golden Valley has more than 30 processing plants in operations and annual sales of approximately $650 million. Much of Golden Valley’s management staff comes from their parent company with the previous president saying “The influence of our old parent company is still with us. As long as new products look like they will increase the company’s sales volume, they are introduced. Traditionally, there has been little, if any attention paid to