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Case Study: the Great Italian Food Company

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Strategic Planning Case: The Great Italian Food Company (GIFC)

The Great Italian Food Company is well respected four restaurant family-owned business that is looking to expand its locations while making a profit. GIFC wants to be the top Italian food company in the industry, in order to achieve this, they have great manufactured foods, first-rate promotion and distribution, and while providing outstanding customer service. The first step in achieving company goals is to determine the vision and mission statements. The mission statement will state the purpose of the company. While the vision statement with provide a perspective on where GIFC plans to be in the future (Brasfield, 140). Additionally, all board members must agree with the direction of the vision/mission statements.
GIFC board members should establish goals for where they company to be in the coming years. Next, a Competitor Analysis should be conducted to gain an understanding on how other competitors are faring in the industry. In turn, this will allow GIFC to see how their products match up against the larger competitors like Olive Garden, Carrabbas, and Macaroni Grill. If the Competitor Analysis yields great dividends for the company, GIFC should consider expanding operations and open a location in a larger Midwest City where growth is rampant. The target group should college students and young adults with children. Additionally, GIFC must examine internal strengths and weaknesses within the organization. Some things to consider are: How will your company be affected financially with new direction and changes that are coming. Will your managers and employees be able to handle to new work load or will the hiring of new personnel be required? What about employee benefits and compensation? How will training and labor relations be affected by the new changes?

GIFC should next conduct

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