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Business

Strategic Plan and Presentation on Buffalo Wild Wings (PPT)

Strategic Plan and Presentation on Buffalo Wild Wings

Categories
Business

Strategic Plan and Presentation on Buffalo Wild Wings

TABLE OF CONTENTS

EXECUTIVE SUMMARY…………………………………………………………,,,………3

COMPANY BACKGROUND………………………………………………………,,,….….4

Mission…………………………………………………………………………,,,……,, 4

Vision……………………………………………………………………………,,,,…… 5

ENVIRONMENTAL SCAN…………………………………………………..…,,,, ……….6

External Factors…………………………………………….………………..……………6

Internal Factors……………………………………………….………………………………8

ORGANIZATIONAL STRATEGY..…………………….……….……………… …….….10

IMPLEMENTATION SUMMARY……………………………………….……………..…10

Functional Tactics……………………………………………………………………..….12

Key Success Factors ………………………………………………………………,……13

Projected Financials and Break Even Analysis ……………………………………………13

Risk Management Plan……………………………………………………………………..14

CONCLUSION…………………………………………………………………………….15

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Implementation, Strategic Controls, and Contingency Plans

STRATEGIC OVERVIEW

Buffalo Wild Wings requires a strategic plan in order to fully understand what actions it needs to take in order to compete in the restaurant business.  While the food service industry has its own unique provisions for success the creation of the strategic plan follows a similar formulation procedure throughout many industries.  The creation of the goals and objectives, schedule, milestones, responsibilities and accountability of the plan are all key areas for the strategy and the plan to reach that strategic plateau.

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Analysis of buffalo wild wings company

Introduction

Buffalo wild wings Inc, owns, operates, and franchises restaurants, which take part in the made-to-order menu items. Buffalo wild wings are among the ten fastest growing restaurant chains in the country. It has more than 375 company owned and franchised restaurant outlets in thirty-six states (Chinowsky, 2008, p.120).

The company’s main menu items include; buffalo, new York-style chicken wings, chicken tenders, popcorn shrimps, wild flat breads, buffalo soft tacos, hamburgers, sandwiches, wraps, appetizers and salads. The company is extensive and incorporates a bar and; therefore, not only offers dining but also bar services.