Premium Essay

Broadway Coffe Shop

In:

Submitted By Badnock
Words 453
Pages 2
EXECUTIVE SUMMARY
This report was commissioned to discuss a number of information management topics and subsequently draw up strategic advice to Broadway café on how to transform its old fashioned business ways.
Firstly, the café faces high buyer power, high rivalry and high threat of new entrants and substitute services because of the many coffee shops available and limited market entry hurdles. Furthermore, the supply power is low as they are many suppliers servicing the industry.
The eight topics covered will positively manage Porter’s Five Forces and give Broadway café back its competitive edge.
Firstly, Customer Relations Management (CRM) involves managing all aspects of a customer’s relationship with an organisation to increase customer loyalty and retention and overall profitability. The café can use cheap software such as Sugar-CRM designed for small business to do this.
Secondly, Excel is a Business Intelligence tool. It can be used to analyse and transform operational data into high quality and strategic business information. It is readily available.
Thirdly, deploying a Wi-Fi connection improves existing customer loyalty, attracts new customers and generates additional revenue. However, the start-up and maintenance capital are high.
Broadway café should embrace the use of technology in order to increase competitiveness. Its business structures should be supported by IT initiatives for it to compete in the 21st century. This is imperative.
Fifthly, Broadway café should adopt project management techniques to oversee a successful and inevitable technological transformation.

Broadway café should consider E-Business in transforming into a digitally networked enterprise in order to have the capability of exchanging value (goods, services, money, and knowledge) digitally. However, this involves huge resource commitment.

In addition to e-business,

Similar Documents

Free Essay

Public Administration

...SL 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 Song Name Amanush Theme Amanush Duchokher Oi Jhiley Hai Rama Jiboner Jalchabi Monta Kore Uru Uru O My Love Aamake Aamar Moto Thaakte Dao Bhaage Jaana Hai Kahan Bneche Thakar Gaan (Rupam) Bneche Thakar Gaan (Saptarshi) Chawl Raastaye (Shreya) Chawl Raastaye (Priyam) Phnaade Poriya Bawga Knaade Re Uthche Jege Shawkalgulo Bol Na Aar Dui Prithibi It's Only Pyaar O Yara Vey Pyarelal Keno Aaj Kal Keu Mone Mone Khujechi Toke Raat Berate Pirit Koro Na Sexy Maye Aas Paas Hai Khuda (Unplugged) Aas Pass Hai Khuda Ale Ab Jo Bhi Ho Anjaana Anjaani Hai Magar Anjaana Anjaani Ki Kahani Apna Har Din Jiyo (Remix) Apna Har Din Jiyo Baki Main Bhool Gayi Chhan Ke Mohalla Sara (Remix) Chhan Ke Mohalla Sara Chori Kiya Re Jiya (Female) Chori Kiya Re Jiya (Male) Dabangg Theme Desi Kali Your A Desi Kali (Bawara Sa) (Remix) Desi Kali Your A Desi Kali (Bawara Sa) Desi Kali Your A Desi Kali (Remix) Song Code 5551 5552 5553 5554 5555 5556 5557 5558 5559 55510 55511 55525 55512 55513 55514 55515 55516 55517 55518 55519 55520 55521 55522 55523 55524 55526 55527 55528 55529 55530 55531 55532 55533 55534 55535 55536 55537 55538 55539 55540 55541 Artist/Movie/Album Amanush Amanush Amanush Amanush Amanush Amanush Amanush Autograph Autograph Autograph Autograph Autograph Autograph Autograph Autograph Dui Prithibi Dui Prithibi Dui Prithibi Dui Prithibi Dui Prithibi Josh Josh Josh Josh Josh...

Words: 100551 - Pages: 403