4. Consumers are our lifeblood, the center of the doughnut
There is no substitute for quality in our service to consumers
Impeccable presentation is critical wherever Krispy Kreme is sold
We must produce a collaborative team effort that is unexcelled
We must cast the best possible image in all that we do
We must never settle for “second best;” we deliver on our commitments
We must coach our team to ever-better result.
Vision and Mission
6. Objectives for 3 years
Reach 2000
stores
around the
world
7 new
countries
Increase
Outside US
Revenues to
30%
Increase
amount of
Factory
shops
Create
different
types of
products
7. Vision: To be always the
desired place for great coffee
beverages and delicious
complementary donuts &
bakery products to enjoy
with family and friends.
Mission:
•To be the leading provider of the
wide range delicious beverages &
baked product around the kingdom
in a convenient, relaxed, friendly
environment, that insures the
highest level of quality product and
best value for money.
•We provide our guest, the elegant
service and unforgettable
experience to meet their
expectations in every single visit.
Competitors` Vision and Mission
8. Competitors` Vision and Mission
• We foster the strengths within
youth and empower them to
pursue a life without limits.
• To be the quality leader in
everything we do.
TİM HORTONS
• Mission: To inspire and nurture
the human spirit – one person,
one cup and one neighborhood
at a time
STARBUCKS
11. Good Points
Distribution Convenience
Backward integration
Social Responsibility
Dougnut Theater
Forward integration
Product Placement
Bad Points
Globalization-glocalization
Product Development
Innovation
Positioning issues outside US
Marketing Strategy
12. What's inside the box is extremely important to us. We realize, however, that the
most important ingredient in making great doughnuts is our people. We hire
great people so we can make great doughnuts.
Firm infrastructure: Company stores, doughnut theathre,
trucks,
Managing system: a chairman, a ceo, a cmo, a cio
Firm format is stock joint company
Hot Dougnut Machine, mobile reward program
Contracts with some other coffee shops, Backward integration
Quality
control,
coffe, flour,
some
materials
Manufacturin
g,
Packaging,
production
Move
finishing
goods with
trucks
Service
MARGIN
16. Strength Weakness
History and experience Strategy issues
Focus on speci Glocalization abilities lack
Strong Company Reputation around the
world
Low income from outside US
Backward integration Much Wholesale income
People`s Trust about Freshness Non-Durable Product
Convenient distribution Communication and Digital Marketing
Strong Relations to spread its products Raw material prices go upward
Forward integration 89% of sells are from dougnuts
strong financial structure Easily Copied Specifications
Market penetration experience Low income in comparing with competitors
SWOT
17. SWOT
Opportunities Threats
Increasing Doughnut Consumption Healthy Life industry
Globalization Competition Disadvantage
Factory Shops Too much Money for attitude changing
Technological integration İncreasing Raw materials` prices
Digital Channels Shiftings are slow
Artificial Intelligence Government regulations about healthy
consumption
Robotic servants Failure in technological production
Customer experience
18. Recomendations
There is a gap
between
development
of technology
and its
application to
this sector. So
Krispy should
focus on
these gaps.
Uniqueness of
products is
very easy to
copy. Krispy
should pay
attention to
create some
criterias, that
is not
copiable.
Should
arrange some
parts of its
income to
R&D
departments.
Should
increase its
own factory
retail shops.
Should
Diversify its
products to
different
segments.
First of all,
healthy and
unhealthy,
secondly for
different age
groups,
thirdly,
premium and
regular.
Increase
amount of
other
products
percentage in
total income.
New Products
and new
markets, the
best method
is to watch
market
leader-
Dunkin.