Selected differentiation strategy for subway

Assignment Help Operation Management
Reference no: EM131696597

Now is the time to select a strategy, but before you identify a specific strategy to implement, you have to create a few alternatives to choose from. During the previous week you identified the generic strategic direction for Subway . It is now time to identify specific alternative strategies for implementation. Based on the strategic direction that you identified in Week 4 (differentiation strategy), create 2-3 strategic alternatives, i.e., actual strategies that the organization should pursue. Keep in mind that these alternatives MUST fit under the umbrella strategic direction you identified last week.

Previous week work - Selected Differentiation strategy for Subway. Subway’s main logo is “Eat Fresh”. This encourages and delivers the strengths Subway has with healthy fresh, customizable, fast food. Offering healthy subs is often preferred compared to fast-food chains such as McDonalds and Burger King. To establish the best strategy, a comparison of the IFE and EFE is analyzed. The Internal Factor Evaluation includes weighing a list of key factors that are internal within the company. This can include employees, leadership and corporate cultures. The External Factor Evaluation (EFE) includes weighing a list of key factors that are outside the control of the company: branding, customer loyalty, range of products and health concerned customers. Focusing on the EFE’s Subway has endless possibilities to increase performance along with profitability. The uniqueness of Subway’s “fresh” taste, they can benefit from the differentiation strategy. Having fresh ingredients, and customizable meals based on each customer sets them apart (Kokemuller, Unknown). It tells us that although Subway is on track with it's "eat fresh" logo, to set it apart from others, it needs to ensure that they continuously acknowledge that others competitors are up and coming. Everyone is learning that people are becoming more and more health conscious. For Subway to stay on top their game, they need to add more diverse items to their menu to keep their customers coming back for more.

Reference no: EM131696597

Questions Cloud

Perform swot analysis for harley-davidson : Perform a SWOT analysis for Harley-Davidson. Based on the internal analyses of the SWOT analysis, assess the functional areas, resources, capabilities,
Using trend analysis : Using Trend analysis what would you do to predict the next year’s employee demand?
Forecasting the sales department hr requirements : You are forecasting the sales department’s HR requirements.
Writing a personal services contract introduction : Writing a Personal Services Contract Introduction A contract is simply an agreement that specifies the rights and responsibilities of the signatories.
Selected differentiation strategy for subway : Selected Differentiation strategy for Subway. Subway’s main logo is “Eat Fresh”.
Will each uncertainty affect all of the alternatives : Will each uncertainty affect all of the alternatives? Can you think of an example where they would not?
Exhibit each of the characteristics of effective leader : briefly discuss supervisor’s management style as well as how that individual exhibited or neglected to exhibit each of the characteristics of effective leader.
Advantages and disadvantages of at-risk compensation : What are the advantages and disadvantages of at-risk compensation?
Included in deciding making and performance evaluation : Why do companies need to allocate joint costs? Should joint cost be included in deciding making and/or performance evaluation?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd