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    Managing Communication, knowledge & information

    McDonalds Business process

    Executive summary.

    This project contains the analysis in the field of a restaurant of how they manage their

    communication, knowledge and information to make effective decision making

    within their stakeholders of the business for the better success of the organization. So

    for an example I have taken McDonalds and done my research on it. I have listed

    down the decision making process in McDonalds and its success due to that. Also

    gathered knowledge of their decision making techniques and the way they asses the

    information from their internal and external sources. Implemented and recommended

    improvements to develop their organization growth and suggested methods of

    ensuring their company secrecy to have a well managed organization.

    I have also done an analysis on how to promote a product through personal

    networking. By identifying the people I want to promote it through and how it would

    be beneficial to our organization and it would help us to reach out to more people. I

    have also identified and recommended strategies for the future improvement of

    marketing a product through personal networking and elaborated on how personal

    networking can also affect organizational secrecy.

    Anton Trevin Alphonsus, Batch 30, Business Management

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    Table of contents.

    1.1 Organizational hierarchy and its information flow 04

    1.2 The stakeholders in McDonalds 05

    07

    1.3 Decision making and its progression in McDonalds 07

    09

    1.4 The range of decisions to be taken to communicate

    with the stakeholders of a restaurant 10

    1.5 Financial & franchising decision 10

    14

    1.6 Customer care and product decision 15

    17

    1.7 Marketing Decision 18

    20

    2 Problem definition & analysis 21

    2.1 Information Management 21

    2.1.1 Benefits of Information Management 21

    2.2 Knowledge management 21

    22

    2.2.1 Benefits of Knowledge Management 22

    2.3 Communication Management 22

    23

    2.3.1 Qualities of an Effective Speaker 23

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    2.3.2 Benefits of Effective Communication 24

    2.4 Decision making techniques in McDonalds 24

    26

    2.5 Methods of ensuring secrecy in an organization 26

    28

    1 Networking 29

    33

    1.2 The benefitsdeveloping relationship with people 34

    35

    1.3 strategies for improvement 35 - 36

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    1. Introduction

    The aim of this study is to identify the current challenges faced by a certain organizations

    in the areas of Information, Knowledge and Communication Management. To suggest

    improvements and give solutions on how to implement the suggestions efficiently to

    achieve organizational goals. According to the assignment given by Mrs. Maryanne, I

    have hereby chosen to analyze the field of a restaurant of how they identify their

    information needs and how they collect this information to make effective decision

    making in their organization.

    So I have herby chosen McDonalds. McDonalds is a major global food service restaurant

    organization since 1948. This organization has spread its service to 119 countries on six

    continents with more than 31,000.00 restaurants. More than 70% of McDonald's

    restaurants worldwide are owned and operated by independent local men and women.

    This company has reached great heights in a short period.

    A typical McDonalds restaurant employs about 60 people. Most employees are paid by

    the hour and are referred to as 'crew members'. Their primary responsibility is to prepare

    the food, serve customers and carry out task for the efficient running of the restaurants.

    Other hourly paid employees who work alongside them include training squad members

    Dining Area Hostesses, Party Entertainers, Administrative Assistants, Security

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    coordinators, maintenance staff, night closers, Floor Managers and Shift Running Floor

    Managers. These employees carry out more specific job functions. Their overall roll,

    however, is to ensure the restaurant runs efficiently.

    The remaining restaurant based employees are salaried managers. It is their responsibility

    to manage the restaurant's operations, crew and business performances.

    Each McDonalds is structured as an independent business, with restaurant management

    responsible for accounting, operations, inventory control, community relations, training

    and human resources.

    1.1 Organizational hierarchy and its information flow.

    The long term decision making and strategy planning at McDonalds is performed by the

    senior management team and the Board of Directors. The implementations of these

    strategies are carried out by the middle and lower levels of the organizational hierarchy.

    Therefore we can conclude that McDonalds operates a Top Bottom information flow. The

    information flow is structured and centralized. Figure 1.4 indicates a graphical

    explanation of the information flow and its contents at McDonalds.

    Most of the front office operations are run manually, only those in the Top and middle

    management levels carry out their work through computers and the Internet. This has

    been a current change in the organization and the management hopes to computerize all

    of its operations in the near future in order to abolish drawbacks of the current system.

    Lower level staffs are not very confident with using new sophisticated systems of data

    entry and information technology. They rely on petty cash books and manual entry of

    receipts. Thus they are reluctant to switch over but the recent trends in the industry havecaused a greater reliance and cost effectiveness of computerized systems. This has been a

    growing concern for most of the managers at McDonalds.

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    Figure 1.1 organizational hierarchy

    1.2 The stakeholders in McDonalds

    A stakeholder is any individual or organization that is affected by the activity of a

    business. They may have a direct or indirect interest in the business, and may be in

    contact with the business on a daily basis, or may just occasionally. Refer figure 1.1

    1.2 The main stakeholder in McDonalds.

    Customers :-

    A person, company or other entity which buys goods and services

    produced by another person, company or other entity

    The bank:-

    An organization, usually a corporation, charted by a state or federal

    government which does most or all the following: receives demand

    deposits and time deposits, honors instruments drawn on them, and

    pays interest on them; Discounts notes, Makes loans and invest in

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    securities; collects checks, drafts and notes; certifies depositors

    checks and issues drafts and cashiers checks

    Management :-

    Directors & managers who have the power and responsibility to

    make decisions to manage an enterprise. As a discipline,

    management comprises of the interlocking function of formulating

    corporate-policy and organizing, planning, controlling and

    directing the firms resources to achieve the policys objectives.

    The size of management can range from one person in a small firm

    to hundreds or thousands of managers in multinational companies.In large firms the board of directors formulates the policy which is

    implemented by the chief executive officer. Some business

    analysis and financiers accord the highest importance to the quality

    and experience of the managers in evaluating an organizations

    current and future worth.

    Investors :-

    An individual that commits money to investment products with the

    expectation of financial return. Generally the primary concern of

    an investor is to minimize risk while maximizing return. as

    opposed to a speculator, who is willing to accept a higher level of

    risk in hopes of collecting higher than average profit.

    Employees or staff:-

    A person who is hired to Provide services to a company on a regular

    basis in exchange for compensation and who does not provide these

    services as part of an independent business.

    Shareholders :-

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    Individual, group or organization that holds one or more shares in a

    firm, and in whose name the share certificate is issued. It is legal

    for a firm to have only one shareholder. Also called stock holder.

    Government :-

    Body of people that sets and administers public policy, and

    exercises executive, political and sovereign power through customs

    institutions and laws within the state.

    Figure 1.2 structure of the stakeholders in a restaurant

    1.3 Decision making and its progression in McDonalds.

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    Decision making is the process through which managers identify organizational problems

    and attempt to resolve them for the future development of the organization. Managerial

    decisions are of two types: programmed and Non-programmed managerial decisions.

    Programmed decisions

    Programmed decisions are routine, repetitive, well structured situations developed

    through the use of predetermined decisions rules.

    Examples include: Frequent maintenance and servicing of the restaurant machinery and

    equipment, definition about what disciplinary action to be taken when an employee

    reports to work in an intoxicated condition.

    Non programmed decisions

    Non programmed decisions are predetermined. Here, decision rules are impractical, since

    the situations are novel or ill structured. Most non programmed decisions are taken at the

    top level as they involve effective decision making and creative.

    Examples include: identify the location for new franchise.

    Decision making under risk.

    In some situation, a manager is able to estimate the level probability at which certain

    variables could occur. The ability to estimate may be due to experience, incomplete but

    reliable information or, in some cases, an accurate report. When estimates are made, a

    degree of risk involved. However some amount of information about the situation is

    available. The situation requires estimating the probability that one or more known

    variables might influence the decision being made. Refer figure 1.3

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    Figure 1.3 structure of decision making process.

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    1.4 The range of decisions to be taken to communicate with the

    stakeholders of a restaurant.

    Stock control decision > suppliers, customers.

    Finance decision > shareholder, employees, management.

    Customer care decision > customers, employees, management.

    Product decision > management, employees, investors

    Research and development decision > investors, shareholders, management.

    Marketing decision > customers, employees.

    Recruitment and training decision > management, employees.

    Franchising decision > management, shareholders, employees.

    1.5 Financial & franchising decision

    Financial & franchising decisionare made in MacDonalds to the stakeholders,

    McDonalds finance department has two key areas of responsibility: financial reporting

    and management accounting. Although each of these functions has different priorities

    working together ensures the best financial position for the company now and for the

    future.

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    Figure 1.5.1 structure of the finance sector in McDonalds

    Financial reporting

    Financial reporting looks at historical performance with the primary responsibility of the

    corporate Accounts department being the preparation of annual finance statements and

    reporting McDonalds monthly results to their parent company in the U.S. several

    specific functions are in place in order to achieve these requirements:

    A centralized Accounting center is responsible for processing all accounts

    receivable and payable transaction, banking income, managing working capital

    and also for the maintenance of the fixed asset registers. The accounting center

    provides day to day support to every McDonalds restaurant.

    Treasury and tax experts ensure compliance with tax laws and make sure the

    company has sufficient cash flow and appropriate finance in place in order to

    meet business needs.

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    Payroll staffs are responsible for the accounting and payment of wages to all

    68,000 staff.

    Management Accounting

    The commercial finance department has a predominantly forward looking focus, using

    management accounting to analyze past financial performance in order to project and

    improve future results and aid commercial decision making. Key to the decision making

    process is information about are competitors and the market environment. This is

    provided by the McDonalds business strategy & intelligence department which

    specializes in internal and external data collection, for example customer research.

    The commercial finance team helps define and measure several key targets known as key

    performance indicators (KPIs) which McDonalds must achieve in order to succeed in its

    business strategy. Although these indicators are both financial and non financial to ensure

    a balance scorecard approach, the commercial finance team concentrates on the results of

    the financial KPIs.

    McDonalds has two sources of profit:

    Sales made by company owned restaurants.

    Rental and royalty income from franchised restaurants.

    It is the responsibility of the senior management at McDonalds reinvests the profit made

    by the company in order to generate future cash flows and returns for the shareholders.

    Whether this is done by building new restaurant, reinvesting in existing restaurants,

    paying all depts., to reduce financing cost or paying a dividend to shareholders. Their

    decisions will be based on financial appraisals carried out by the McDonalds finance

    team.Refer figure 1.3.1

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    Figure 1.5.2 structure of decision made by the finance sector in McDonalds.

    The key role of the McDonalds finance team is to help formulate relevant targets for the

    business and report actual performance against these targets. Analyzing these data allows

    us to highlight areas where improvements might be made within the business. As with all

    McDonalds performance analysis, financial measures are considered alongside non

    financial measures and consideration of long term effects, so as to evaluate the activity

    from a balanced position.

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    Key performance indicators include:

    Comparable sales growth

    Measuring increased demand and market expansion is done by comparing like-for-like-

    sales, year-to-year and day-to-day. McDonalds breaks this down further into the

    comparable sales for different areas of the business so as to identify areas of sales growth

    opportunity and enable it to adopt quickly to change in the market. For example,

    comparing:

    Sales at different times of the day

    Sales at restaurant located near each other

    Sales of specific products over time.

    Figure 1.5.3 structure of the success of McDonalds through effective decision making.

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    1.6 Customer care and product decision

    Customer care and product decisionand how they communicate it to their stockholders,

    McDonalds has some phenomenal system in place, developed and proven by input ofbillions of dollars and hundreds of thousands of man-hours worth of research. The system

    they offer are effective or they would not be in place and when the system and procedures

    that are not effective are proven ineffective, theyre changed.

    Any unsuccessful McDonalds whether unsuccessful from the customers point of view:

    Poor quality

    Slow service

    Dirty restaurant or environment.

    Now this can be grown into successful McDonalds restaurant by implementing and

    vigilantly following up on system and process and procedures that the McDonalds system

    offers.

    The most important thing that leads to McDonalds success is managers willing to do

    what it takes to follow procedures, not to mention riding crew and other managers in

    regard to training those procedures and following up with them all the time.

    Its a heavy responsibility for a manager who wants to do the best they can every day,

    because its pretty likely most of the people around you do not wake up and set out to

    excel every day. The majority of crews and managers in McDonalds is just people

    showing up collecting a paycheck, looking to finish their shifts and get away as fast as

    possible.

    Its nearly always possible to motivate any person, no matter how difficult the personality

    is. If what you want is your crew and managers to follow procedures the easiest way is to

    manipulate them to do what you want them to do, is to show them how it benefits then

    and how their actions can affect others.

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    Customer service:

    The success of McDonalds since the first opening up to the present, can be attributed to

    its very strong culture that bonds together its franchisees. Their main driver in everything

    they accomplished people, from the brand ambassadors of their customers (employees)

    up to customers themselves.

    Organizational culture is relatively enduring, interdependent symbolic system of values,

    beliefs and assumptions evolving from and imperfectly shared though organizational

    members, interaction allowing them to ascribe common meanings to the encountered

    stimuli in the organizational context. These functions are accomplished by meditating the

    implicit and explicit rules that act as culture warrants. Simply stated, it is the way thingsare done around the place. And for McDonalds their vision statement is quality, service,

    convenience and value (QSCV). These beliefs are their shared value system, which forms

    the basis of all its business decision.

    As the restaurant wants to be known for its consistent high quality food and uniform

    methods of preparations, the hamburger university created to train unskilled people to

    follow the McDonalds formula. Through this, they can ensure repeated business based on

    the system reputation rather than a single store/operators quality. The specific thingsthought at the said university ranges from the making and serving hamburgers, quality,

    and control all through its way of dealing with customers and crews.

    They are also taught to possess and practice strong traditional values like loyalty,

    dedication and service in maintaining the family-like culture of McDonalds. The culture

    in reinforced continually through inspection and administering of contest that determines

    who among its sets of franchises best reaches McDonalds standards. They are honored in

    a ceremony where these franchises and regional association feels their oneness as a big

    family.

    The manuals of the McDonalds employees not only emphasize organizations motto and

    QSCV, is also spells out everything they need to know to perform their task efficiently. It

    includes detailed rules on cleaning, food preparation and employees grooming and

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    hygiene. They help ensure efficiency, predictability and control in the production and

    customer service.

    To maintain and to improve their service, the organization gets feedbacks such as ideas

    and their current service level and customer satisfactory details from the customers,

    employees, and management and from the environment so they could excel more on

    achieving their vision statement.

    1.7 Marketing Decision

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    Marketing Decision made in McDonalds for their unfailing success: according to the

    Sunday, January 11th 2009 New York Times business front page article on McDonalds,

    several reasons were laid out for its success:

    New menu items

    Longer hours

    New buildings

    More measured growth

    Operationally focused plan to win it focuses on people, products, place, price

    and promotions. Refer figure 1.5

    Figure 1.7.1 structure of the growth of McDonalds as of November 30, 2009

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    Not noted, but also true, is that McDonalds earning flow itself is diversified, with

    company operated stores. Franchisee operations and real estate operation (lease / sell) all

    earning contributors. McDonalds also pays attention to details in just walking through the

    stores talking to staff and driving McDonalds market a few observations are apparent:

    McDonalds has had its nutritional menu components listed years ago not fighting

    it e some industry trade groups do butt full discloser upfront.

    Its menu has every day part: breakfast, lunch, dinner, AM and PM snack, dinner

    and late night covered with both value offering and premium price points thats

    the barbell strategy.

    Its coffee tastes good beating out the niche coffee operators in my opinion.

    It does not charge ATM fees to use debit cards unlike some other QSR operator.

    Ergonomics: ever noticed how calmly McDonalds hourly employees work ever

    during the rush, its because the equipment layout and menu is right.

    Establishing the place attribute (McDonalds: Im loving it) as an experiential

    factor, beyond just low prices or LTO offers. McDonalds marketing its self is

    diversified, with national, regional co-ops and local store marketing pillars.

    The staff is amazingly tenured, you can easily find store general managers with 30

    years seniority, unlike the other churn and burn operators who build their model

    on turnover.

    The company and franchisee actually works together. Franchisee and thecompany work together in marketing co-ops, not a top down, take it or leave it

    mentality.

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    The effectiveness of Ads : emphasis on the warmth, happiness and fun, constantly

    changing the content of its Ads, no western faces, most of the song goes with a

    nice song and music

    Familiarity: familiarity is a major factor for McDonalds success. To many kids,

    the golden double arches do not just represent food, but also home, a sense of

    closeness.

    Shops with bright and specious interior; air condition and comfortable seats.

    2 Problem definition & analysis

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    This section of the report focuses on three key areas of interest for the company:

    Information Management

    Communication Management

    Knowledge Management

    2.1 Information Management

    Information Management is the collecting and managing of information from one or

    more sources and the communication/distribution of it within and outside the

    organization. The need for information management in an organization is of great

    importance in order to keep all stakeholders satisfied and to communicate the right

    information to the right individual at the right time.

    2.1.1 Benefits of Information Management

    Easy, efficient and less time consuming entry, storage and access of records.

    Lower operating costs and reduced wastage of resources tied to records handling,

    such as labor, office space, equipment and supplies.

    Also provides back up if a computer based information storage system is used.

    Allows proper information to be given to specific stakeholders promptly.

    Ensures that long-term records are stored in environmentally appropriate space.

    2.2 Knowledge Management

    Knowledge Management can be defined as the managing of systems and technologies,

    people, processes, techniques and knowledge assets. An emerging area in management

    that is constantly changing and has to be updated. There are two approaches to

    knowledge management:

    Tacit Knowledge: Inner Knowledge that is approached as difficult to obtain from

    its source.

    Explicit Knowledge: Open Knowledge, easily accessible by the outside world.

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    To improve the dissemination of tacit knowledge at McDonalds transferring of

    knowledge carriers from one part of the organization to the other can be done. By

    bringing together expertise from all areas [production distribution] giving them a team

    project and a goal. Tacit knowledge can be shared for the benefit of the organization

    through problem solving. This will lead to new knowledge creation.

    As an organization some knowledge has to remain tacit to prevent it from leaking out to

    competitors. But other knowledge within the organization has to be transferred from the

    seniors to the juniors and from the company to its stakeholders.

    2.2.1 Benefits of Knowledge Management

    Eliminates redundant processes, streamlines operations and enhances

    employee retention rates

    Facilitates better more informed decisions.

    Contributes to the intellectual capital of the organization

    Encourages free flow of ideas which leads to insight and innovation

    Improves customer service, efficiency and leads to greater productivity.

    2.3 Communication Management

    Communication is a two way process of exchanging information and ideas through any

    mode (Oral, Written, Visual, Electronic) with the feedback or implementation of the

    message being a measure of its effectiveness. The systematic planning, implementing and

    motoring of all communication channels within organizations is called communication

    management.

    Communication can be improved by introducing an email based memo system at the

    extreme of all remedies available. If all employees in the department work with

    computers and have access to the Internet. E-memos can be sent to all concerned with

    receipt of acknowledgement. But may not be the right mode for all messages. The most

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    practical move would be to increase the number of information exchanging and problem

    solving meetings. If cross functional teams are active the coordination of all departments

    will increase. Here the sales personnel could discuss with the marketing and other

    departments what the current situation is and what customer attitudes are towards the

    service and the product. Communications with other external parties are also important.

    Networking will help to assist this type of communication. Informing of any changes in

    the sales procedures, product prices, sales terms and even new products. Should strictly

    be conformed to meeting with the entire department. Encouraging feedback and two way

    communication so that all doubts are clear. This may not lead to 100% accuracy but proof

    of prior instruction is provided. Effective communication is based on both content and

    form presenting information to groups authoritatively and creatively is the key.

    2.3.1 Qualities of an Effective Speaker

    A good manager should have good interpersonal skills, moderate emotional skills,

    courage, self confidence, problem solving skills, and be able to gain trust and control of

    his/her voice.

    Presenting of information to groups effectively can be reflected through:

    Proper Organization of facts and ideas to be communicated

    Good Preparation

    Enthusiasm about the topic

    Confidence in one's self

    Clear expression and tone of voice

    Ability to engage audience

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    2.3.2 Benefits of Effective Communication

    Speed of reaction to changing conditions and situations will increase when

    communication channels are not polluted.

    Speed of decision making in the company will increase.

    Staff motivation levels will rise when they participate in decision making

    Increased effective coordination between departments

    The number and quality of ideas generated by staff will improve.

    2.4 Decision making techniques in McDonalds.

    The following four techniques are used in the decision making process:

    Marginal analysis :

    This technique enables an assessment of additional output

    derived for an extra amount of input resource that is added.

    This option is viable for evaluating alternatives in the decision

    making process.

    Financial analysis :

    It enables an estimation of the profitability of investment,

    calculation of pay-back period, and an analysis of cash inflows

    and outflows.

    Break Even analysis :

    Break even happens when total revenues equal total cost, or

    when profit is nil. At this time point, it becomes necessary to

    cover the fixed cost. Break-even technique aids in making a

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    comparative analysis of the alternatives that are available,

    based on price, fixed cost and variable cost per unit.

    Ratio analysis :

    It compares the financial statements to evaluate the

    organizations financial position, strengths and weaknesses,

    historical performance etc.

    Operation research techniques

    An operation research technique enables the use of quantitative technique in decision

    making. Some of them are as follow:

    Linear programming :

    It enables the decision maker to allocate scarce resources optimally

    and maximize profit. This technique is used mainly in product mix

    decision, inventory management problems and scheduling

    production facilities.

    Queuing or waiting line method :

    Queuing method is a scientific approach for optimizing customer

    service.

    Game theory :

    This technique enables to formulate a strategy based on the

    competitors strength and decision and ones own action.

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    Simulation :

    Simulation is used to evaluate the alternatives for complex

    problems.

    Decision tree :

    Another mathematical approach, which enables to choose between

    several alternative courses of action.

    The methods of collecting informations for business decisions are as follow:

    Analyzing organizations past annual report

    Customer feedback or through customer satisfaction survey

    Group meeting

    Group discussion

    Financial statement

    Balance sheet

    Past sales records.

    Customer complaints and suggestions.

    2.5 Methods of ensuring secrecy in an organization

    Implement company policies to ensure secrecy. And advice the employees on

    monthly basis in regard to this, also make sure they are aware that breaking any

    company policy will lead only from being suspended from the employment.

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    Make sure only necessary information is provided through the organization web

    site, intranet (within the company) so we could prevent company secrets such as

    future promotions, food recipe information and company strategies not to be

    available for all parties.

    Restrict USB usage on the computer of every employee and only give access to

    certain employees upon special request like for managers and senior managers

    and the head of the division so you could prevent information from going out of

    the company also keep the IT system from effecting from unwanted virus.

    Monitor every computer and make sure valid information being transferred

    internally and externally.

    Create software where no one will be able to download or copy company details

    that are circulated among the organization.

    Implement common network policy throughout the organization.

    Use specifically designed software for the company system network. ex : dialog

    affinity, CCRM, V5, IR rate finder.

    Place CCTV around the work environment.

    Issuing electronic identity card to to maintain a record of employees in and out

    floor. Also Having Finger scan/ pin code door access.

    1 Networking

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    Networking is the art of making personal connections to improve one's own situations.

    Networks are groups of people that one comes into contact with on a regular basis. It is a

    powerful way to operate and is one of the best communication channels an organization

    can use to grow.

    As the management team ofEdna we have planned to launch a product a new improved

    highly secure chocolate bar VITA for every age group. This is one chocolate that

    everyone can enjoy.

    The specialty of this chocolate is that we have categorized it for three different age

    groups.

    Children

    Youth

    Young adults & elders

    The reason for this is that not everyone is allowed to have chocolate depending on their

    health and age.

    EXP:

    Children: - loves to have chocolate, but according to certain parenting their

    restricted in having them frequently. But this chocolate has been tested and made

    for children to have it frequently with no restriction, as this bar contains a lot of

    vitamins and minerals a child requires, that helps them to keep your children

    healthy and strong all the time.

    Youth: - the current generation is more advanced than before, they always want

    to keep them selfs education and are hunger for knowledge. Also loves to have or

    experience something new. So this bar has been specially created for them to

    develop their knowledge as every bar contains a pin code, where they have to log

    into the EDNA site and enter the pin code, as they do they will be able to

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    purchase a E-Book on any subject free of charge with a free phone ring tone for

    their mobile phone.

    Young adults & elders: - at this age people are more vigilant and concern of

    their health, so they do restrict themselves from having sweets such as chocolates.

    But now they have nothing to worry as we have come up with a solution, this

    Choco bar is made especially for them, as it doesnt affect their health and its

    made especially for diabetes, heart patients.

    Now we have decided to promote this product through personal networking. Let me list

    down the people we need to reach to promote the product.

    Employees

    Investors

    customers

    government

    shareholders

    family members

    Friends

    neighbors

    Pharmacist

    Teachers

    Doctor

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    Let me now explain the amount of information required for every stakeholder we have

    identified to promote are product through personal networking:

    Employees :-

    Educate them with our Product knowledge such as the price, the

    quantity, the flavor, ingredients etc. And how its going to benefit

    every age group. Current promotions implemented for this product.

    Also give them the knowledge of why this chocolate is better than

    the other competitors product.

    Investors :-

    Educate them with our Product knowledge such as the price, the

    quantity, the flavor, whether it has been ISO certified by SLSI,

    packaging, total and accurate product cost detail etc. And how its

    going to benefit every age group. Current promotions implemented

    for this product.

    Customers :-

    Educate them with our Product information such as the price, the

    quantity, the flavor, ingredients etc. And how its going to benefit

    every age group and the specialty of this product. Chocolate

    Current promotions implemented for this product. Also give them

    the knowledge of why this chocolate is better than the other

    competitors product.

    Government :-

    Whether this has been ISO certified, total cost of the product.

    Standard legal documentation details for this product.

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    Shareholders :-

    Educate them with our Product information such as the price, the

    quantity, the flavor, ingredients etc. And how its going to benefit

    every age group and the specialty of this product. Chocolate

    Current promotions implemented for this product. Also give them

    the knowledge of why this chocolate is better than the other

    competitors product.

    Family members :-

    Educate them with our Product knowledge such as the price, the

    quantity, the flavor and ingredients. And how its going to benefit

    every age group and the specialty of the product. Also give them

    the knowledge of why this chocolate is better than the other

    competitors product. Product promotions.

    Friends :-

    Educate them with our Product knowledge such as the price, the

    quantity, the flavor and ingredients. And how its going to benefit

    every age group and the specialty of the product. Also give them

    the knowledge of why this chocolate is better than the other

    competitors product. Product promotions

    Neighbors :-

    Educate them with our Product knowledge such as the price, the

    quantity, the flavor and ingredients. And how its going to benefit

    every age group and the specialty of the product. Also give them

    the knowledge of why this chocolate is better than the other

    competitors product. Product promotions

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    1.2 The benefits of developing relationship with people.

    Customer :-

    They will get to know about the chocolate ingredients and its

    healthiness so this would motivate them of having it in regular

    basis. Also since when they are satisfied with the chocolate they

    will be loyal toward the product and the repeat purchase times will

    increase.

    Family members :-

    Family members are the closer contact for us, and they are always

    there to help us succeed. So as they have been informed about the

    chocolate VITA and its benefits of having it, they would definitely

    promote it to everyone they come across. This helps us to reach out

    the product on personal trust among people.

    Friends :-

    As family members friends also are the same. Having a closerelationship will helps us promote the product to their friends and

    families as well through personal trust.

    Pharmacist :-

    As per the site of people the product in a pharmacy are healthy,

    notorious and good to health. So building up a good relationship

    with a pharmacist helps us to reach out to more people as well.

    Also the trust on the chocolate will be also high for the purchases

    to promote it to their friends and family.

    Teachers :-

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    This is a good way to promote are children and young adult

    categorized chocolate. Since teachers do have direct contact with

    them. And it helps us increase the trust on are chocolate. Also this

    will help us in future if a certain institute is willing to take an

    agreement to sell the chocolate in their premises to their students.

    Doctors :-

    People do rely on a doctors word when it comes to their health

    and personal growth. So having a personal relationship with them

    will help us market the chocolate to all his patience, specially will

    be able to promote the children and young adults / elders

    categorized product as it is mainly focused on people health.

    1.3Strategies for improvement

    In future promoting the product to more people through personal networking.

    Exp: milkman, mailman, physician, carpenter etc.

    Getting involved in activities so you could expand relationship among people.

    Exp. Attending trade shows, attending parties, attending charity functions, joining

    a gym/ health club. Joining Rotary / lions club.

    Introducing new flavors and more variety of chocolates by identifying the need of

    our customers.

    Coming up with good promotions that will benefit for the customers.

    Attracting packaging.

    Improving the product by identifying the customer complaint and there inquiries.

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    As personal networking has a good impact on promoting the product it also has its

    negative side, meaning when developing relationship with people we also develop

    Trust among them. So there are possibilities where we will be affecting the secrecy of

    the organization by accidently sharing company secrets and future decision and planning

    information by word of mouth. For an exp. Family members, friends we have a more

    closer understanding with tem that we do communicate everything to them. So a

    possibility of breaching company secrecy is very high as it comes to personal networking.

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    Conclusion

    The purpose of this report was to analyze the current management of Communication,

    Knowledge and Information of McDonalds. The current functioning of all three areas of

    study were researched into and findings were published. The lacking areas were

    identified and suitable methods of mending problematic areas were presented. Ways of

    implementing the suggested possible solution were also stated.

    in course of the study is was found that McDonalds has a good management structure and

    is also a well planned organization. The reason for McDonalds to spread their branches

    and franchise outlets is cause of their well organized and maintained financial decision

    making. And the reason for there successful service and food menu is their marketing

    decision made and well trained customer care service.

    We have also analyzed the sources of information and recommended methods to improve

    their service. Also suggested methods to ensure there organization secrecy.

    Using personal networking we have identified and educated are self of how to promote a

    product and for whom we will be promoting it through. And the benefits the organization

    gets out of it. also suggested future strategies for improvement. And discussed on how

    personal networking can affect organizational secrecy.

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    References

    Richard L. Daft Vanderbilt University (2009) Principal of management by Pg: 255

    David sagar, Larry mead, Kevin Brampton Fundamental of ethics, corporate governance

    and business law.

    BusinessDictionary.com.(2009) ,Information management ,Available from:

    http://www.businessdictionary.com/definition/information-management.html,(Retrieved

    on November 25, 2009)

    BusinessDictionary.com, (2009) knowledge management. Available

    from:http://www.businessdictionary.com/definition/knowledge-management.html

    (Retrieved on November 25, 2009)

    About the customer service level in McDonalds

    http://ivythesis.typepad.com/term_paper_topics/2009/05/customer-care-at-mcdonalds.html

    The success and marketing strategies of McDonalds

    http://seekingalpha.com/article/114512-reasons-for-the-enduring-success-of-mcdonald-s

    Information Management Benefits, Information Management Associates, Available From

    :http://www.theimpros.com/benefits.html

    Anton Trevin Alphonsus, Batch 30, Business Management

    http://ivythesis.typepad.com/term_paper_topics/2009/05/customer-care-at-mcdonalds.htmlhttp://ivythesis.typepad.com/term_paper_topics/2009/05/customer-care-at-mcdonalds.htmlhttp://seekingalpha.com/article/114512-reasons-for-the-enduring-success-of-mcdonald-shttp://ivythesis.typepad.com/term_paper_topics/2009/05/customer-care-at-mcdonalds.htmlhttp://ivythesis.typepad.com/term_paper_topics/2009/05/customer-care-at-mcdonalds.htmlhttp://seekingalpha.com/article/114512-reasons-for-the-enduring-success-of-mcdonald-s
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