Kimball’s has several challenges to resolve in its operations to improve its current business and prepare for a potential expansion. What changes has Kimball’s implemented to positively impact their business?
Can you identify the strategic initiatives that Kimball’s can implement?
What could Tyler recommend to move the business forward?
Be sure to consider the following ways of gaining a competitive advantage:
• Raise barriers to entrants
• Establish high switching costs
• Create new products and services •
Differentiate products and services
Enhance products or services
• Establish alliances
• Lock in suppliers or buyers
Review the advice of the professional advisors, Tern and Terri. Do you believe they have some mere? What would you recommend to move forward to resolve their perspective of the problem
What type of information technology could be implemented?
1. Considering the POS system, what information do the owners need to manage and lead the restaurant? What data can help Liz and Michael monitor their operations to ensure positive results or take corrective action?
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