Back to feeds

📖 DAILY BOOK SUMMARIES 📖 🔗 DIRECT FREE E-BOOK DOWNLOAD LINK AVAILABLE — https://drive.google.com/file/d/1zevdhKI4kSkk3m1afDqi2GkXl6LrY5O0/view?usp=drivesdk 🔥 Grinding it out : Making of McD 🔥 🚀 16 Lessons From 👉 ✨ Ray Kroc ✨ 1. Early Ca

See More
Anonymous

Anonymous

Stealth • 2m

1. Focus on Location: Kroc prioritized high-traffic locations (near highways, schools, and suburbs) to maximize customer visibility and convenience. 2. Pricing Strategy: Kroc kept prices low to attract a wide customer base, creating value by offering affordable meals for families. 3. Supplier Relationships: He built strong partnerships with suppliers, ensuring quality ingredients at a consistent cost, leading to a reliable supply chain. 4. Menu Simplification: McDonald’s maintained a simple menu, allowing for faster service, easier training, and consistent quality across franchises. 5. Standardized Training: Created Hamburger University to teach franchisees and managers standardized procedures, ensuring operational consistency. 6. Quality Control: Kroc implemented rigorous quality checks and operational audits to maintain high standards across all franchises. 7. Customer Experience Innovation: Introduced innovations like self-service, efficient kitchen layouts, and later, drive-thru service to enhance customer convenience. 8. Aggressive Expansion Strategy: Kroc’s relentless focus on opening new outlets rapidly, especially in new regions and internationally, helped McDonald’s achieve early market dominance. 1. Focus on Scalability: Kroc designed McDonald’s systems (kitchen operations, training, etc.) to be easily replicable, allowing rapid expansion without compromising quality or service. 2. Hands-On Management Approach: Kroc frequently visited franchises, ensuring standards were met and building strong relationships with franchisees, reinforcing the importance of personal involvement. 3. Adaptation to Local Markets: As McDonald's expanded internationally, Kroc adapted menus and services to fit local tastes and cultures, which contributed to global success. 4. Focus on Family-Friendly Environment: McDonald's was positioned as a clean, safe place for families, setting it apart from other fast-food establishments and broadening its customer appeal. 5. Franchise Ownership vs. Corporate Control: Kroc’s model allowed individual franchisees to own and operate their stores while maintaining strict corporate control over branding, quality, and operational standards. 6. Customer Feedback and Iteration: Kroc placed a strong emphasis on listening to customer feedback, using it to constantly improve menu items, service, and restaurant design. 7. First-Mover Advantage: Kroc’s aggressive expansion strategy gave McDonald’s a first-mover advantage in many markets, making it difficult for competitors to catch up.

0 replies

More like this

Recommendations from Medial

Image Description
Image Description

SHIV DIXIT

Stealth • 2m

📖 DAILY BOOK SUMMARIES 📖 🔗 DIRECT FREE E-BOOK DOWNLOAD LINK AVAILABLE — https://drive.google.com/file/d/1zevdhKI4kSkk3m1afDqi2GkXl6LrY5O0/view?usp=drivesdk 🔥 Grinding it out : Making of McD 🔥 🚀 16 Lessons From 👉 ✨ Ray Kroc ✨ 1. Early Ca

See More
2 replies17 likes
8
Image Description
Image Description

Applyly

Stealth • 15d

How Zomato cracked the menu score? In the competitive food delivery world, Zomato has introduced a game-changing feature. Their Menu Score offers valuable insights that help restaurant partners optimise their menus. This tool is revolutionising how r

See More
2 replies3 likes
Anonymous
Image Description
Image Description

McDonald’s in Bogotá has opened special rooms where children can pretend to be McDonald’s employees! 🍟 Kids can pretend to fry potatoes, make Big Macs, and assemble orders. 🍔 A good employer trains employees from childhood. 😊

6 replies13 likes
1

Shuvodip Ray

 • 

YouTube • 7m

Startup & Poor customer service ! 5 Points to address - Interact & check customer expectation - Train your team - Plan for service delivery - Address customer concerns promptly - Set a grievance address mechanisms - Monitor

0 replies4 likes
Anonymous
Image Description
Image Description

With all the customer complaints and shitty service, I doubt this will happen. Weird part is the founders silence on the shitty customer service.

4 replies10 likes
1
Image Description
Image Description

Kunal Insa

Stealth • 5d

Loss Management in Business 1. Risk Assessment: Identify and evaluate potential risks. 2. Cost Control: Manage expenses to reduce unnecessary costs. 3. Insurance Coverage: Protect against unforeseen events. 4. Quality Management: Ensure high prod

See More
4 replies5 likes
Anonymous
Image Description
Image Description

With the Right to Repair being implemented, this platform becomes an essential tool for consumers in India. Aggregator Platform connecting customers with local repair shops (footwear, clothes, gadgets, etc.) - Search by Area: Find shops based on loc

See More
2 replies2 likes
Image Description

LavaKumar Kondipati

Stealth • 2m

Most of the products are in India focused on first sales very less focused on service of the product. Even if they have service which is not adequate to the customer experience because of focus on first time buyers rather than existing customer. What

See More
1 replies
Image Description
Image Description

Mehul Fanawala

 • 

The Clueless Company • 5m

Customer at a coffee shop: My latte is cold. Barista: Sorry about that. Let me remake it for you right away. Customer leaves with a smile. --- We often think about customer service as a department. It’s not. It's an attitude. 1.⁠ ⁠Own the proble

See More
4 replies18 likes
2
Image Description
Image Description

Aryan Sorathiya

Stealth • 2m

Which is best between Zomato and Swiggy in terms of delivery time, quality, service, experience, price, and many more.

4 replies9 likes
3

Download the medial app to read full posts, comements and news.