The Hong Kong Jockey Club Repositioning A Not For Profit Powerhouse Case Study Analysis
This is not the actual case solution. To get the case solution place your order on the site and contact website support. Buy Now
The Hong Kong Jockey Club Repositioning A Not For Profit Powerhouse Case Help
The Hong Kong Jockey Club Repositioning A Not For Profit Powerhouse Case Study Solution is a popular name of a New York based, world's leading company in the food and drink market. company is a prominent brand in convenient snacks, foods and drinks with its existence in about 200 nations.
The report includes a deep analysis of different elements of the social responsibilities of significant business in the food and drink industry in general, and company in specific. The report also supplies an evaluation of the degree of sustainability and CSR in the The Hong Kong Jockey Club Repositioning A Not For Profit Powerhouse Case Study Help's organisation strategy along with the decision of how Case Study Analysis develops worth for its consumers.
Case Study Analysis had taken particular crucial steps concerning the ecological effects of its items, however, these actions are not enough to end up the criticism over the company's obligation towards social and environmental problems. This is required to take specific tactical actions to alter the market position of its particular famous brand names and present Case Study Help as a company producing healthy items in the market. In this regard, business and other food and drink companies should use their power to shift the consumer taste towards much healthier items to eliminate the restrictions in the development of food industry.
For the few decades, consumer food patterns have been changed significantly. The shift from making use of health food to made food has extremely impacted the health of the customers. Despite of the discovery of modern health techniques, the general health of people in few years have been extremely impacted. Presently about 1 billion of individuals In US are overweight and a minimum of 300 countless them have weight problems. Kids also facing the problem of obesity. The ratios of obesity in 1980s are rather different from the current ratios. Despite of discovery of health strategies and contemporary ways to control weight problems and other diseases, the ratio of weight problems has been doubled form the level of 1980. All of the information associated with the health concerns with the incorporation of manufactured food in the market describe the occurrence of the health problems associated with food system. These problems are indirectly the result of various practices of the food and beverage companies for producing worth for their consumers.
Value Development at The Hong Kong Jockey Club Repositioning A Not For Profit Powerhouse Case Study Analysis
The Hong Kong Jockey Club Repositioning A Not For Profit Powerhouse Case Study Help being a huge business in the food and beverage industry, provides high value to its customers by various ways. Value creation in the food and drink industry is done through two ways i.e. taste and schedule of the product. Case Study Analysis has a competitive benefit in supplying its products far and wide globally. Its marketing capability makes it able to target a big base of customers. The business is presented in about 200 nations with a large number of famous international brands. The everywhere presence of the business products offers high value to customers.
Furthermore, the company produces worth for its customers by methods of providing a great deal of tasty food products including salt, fat and sugar, which are the ingredients that are straight gotten in touch with the emotional core of the customer's brain. The The Hong Kong Jockey Club Repositioning A Not For Profit Powerhouse Case Study Analysis along with other huge food and beverages companies develop value for its customers by controling these ingredients in its products. Case Study Help along with other huge companies has an interest in discovering ways to increase the consumer value from its products through making use of the vulnerability.
Along with it, the company likewise creates worth by ways of integrating the healthy point in its items. The company has actually done particular efforts in order to provide healthy products and lower the share of The Hong Kong Jockey Club Repositioning A Not For Profit Powerhouse Case Study Solution in general environmental destruction. Case Study Help has taken particular actions connected to the sustainability of people and environment including the 2009 statement of the ambitious goals and dedications associated with Case Study Analysis items, marketplace and the neighborhood.
All of these means have achieved success at creating worth for the business consumers. These ways have also lead to the increased ecological issues and the criticism over the company's function in increasing health and environmental obstacles. The incorporation of active ingredients like salt, fat and sugar in the company items for producing customer value deals with high amount of criticism. These ingredients are the main reason for particular fatal diseases in human consisting of weight problems, diabetes, cardiovascular disease and so on. Increasing health associated problems have actually raised the criticism for The Hong Kong Jockey Club Repositioning A Not For Profit Powerhouse Case Study Analysis.
Useful Function of Major Food and Drink Companies in Resolving Social and Ecological Costs Associated with the Market
Undoubtedly, major food and beverage business including company, etc. can play a positive role in resolving social and eco-friendly expenses connected with the market. The ecological costs associated with food and drink industry include the ecological destruction due to the increase of nitrogen which has actually led to the lowered water drinking patterns, river contamination, and increased emission of greenhouse gases from soil etc. All these factors leads to environmental devastation which could be a big threat to the presence of humankind in future.
Significant cause of these environmental modifications is mass usage of nitrogen abundant fertilizers and the ingredients by the food and drink business. Food and beverage business should play a positive role in attending to these problems to remove their development restrictions related to the criticism from the ecological neighborhoods.
In order to address these concerns, the business could either decrease their use of nitrogen rich active ingredients or take certain steps to minimize the amount of nitrogen in the general environment. The companies should avoid usage of nitrogen fertilizers and need to seek the items of those farmers that do not use fertilizers for their crop. The business could also invest in decreasing greenhouse gas emissions worldwide. For instance, the business might utilize renewable energy sources at their production plant to compensate the greenhouse gas emissions from using nitrogen-rich items.
Together with the ecological expenses there are particular social costs associated with the food and beverage market which must be attended to by the giant food and beverage business to accomplish the industry development and to avoid the criticism from the environmental neighborhoods. Social expenses associated with the market includes the increasing health problems connected to obesity, heart disease, diabetes etc. The giant business could play a constructive function in attending to these issues.
The companies could move towards more healthy products by decreasing the quantity of hazardous substances in their processed foods i.e. dioxin, which could result in lethal human diseases. The companies could likewise do efforts to shift consumer tastes towards healthy items as they have controlled the customer taste for few years.
Evaluation of Sustainability at The Hong Kong Jockey Club Repositioning A Not For Profit Powerhouse Case Study Analysis
There was a potential shift in the business strategy and goals at Case Study Solution. The brand-new CEO was focused on purchasing healthier items for accomplishing sustainable growth for the business in addition to offering healthier future for individuals and the world both. Under the new vision, the slogan of the company was also changed from the "enjoyable for you" to "much better for you".
business got Quaker Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy beverages and organic drinks to present numerous healthier products in its portfolio. Despite of being considered a Case Analysis's healthy brand, the products of Quake Oats included a number of components which were harmful to health.
In addition to the inculcation of healthy brands in its portfolio through acquisitions, The Hong Kong Jockey Club Repositioning A Not For Profit Powerhouse Case Study Solution has taken particular sustainability steps for its market places. One of significant examples in this regard is the Company's marketing technique related to schools. The business markets just low calories and nutritious beverages choices in schools.
Another step taken by Case Study Help towards human sustainability is the shift of its focus towards research study and advancement for presenting new and healthy products in its portfolio. The business has increased its research and development budget and has actually presented an army of health scientists to design specific healthy products.
In this regard, the business committed to minimize its packaging by millions of tones to prevent high amount of wastages. The company has actually dedicated to reduce greenhouse gas emissions along with the achievement of performance in the energy usage.
On the basis of above analysis, it could be figured out that the company has taken several steps towards human and ecological sustainability. Nevertheless these steps are still not adequate to accomplish the wanted industrial development and to lower the criticism over the social duty of The Hong Kong Jockey Club Repositioning A Not For Profit Powerhouse Case Study Solution.
Specific long term tactical alternatives might be obtained for the business on the basis of above analysis. These options can be evaluated on the basis of the fact that how the option would make it possible for the business to attain its goal of possible development and lower the criticism over the business. The options could be assessed on the basis of the time frame that would be taken by an alternative to be implemented along with the expense and dangers related to the alternative
Alternative-1: intro of a New Product line Associated with Healthy Foods and Beverages
The very first action that The Hong Kong Jockey Club Repositioning A Not For Profit Powerhouse Case Study Help could take is to introduce a new product line related to healthy food and beverages. The business must introduce a wide range of much healthier products by utilizing its significant research study and advancement expenses.
• Capability to target large number of consumers i.e. health mindful consumers.
• Decrease of the criticism of environmental concerned societies and community development organizations.
• Fulfillment of the social obligation by compensation of the harmful items with healthy products.
• Might be implemented within couple of years i.e. 3 to 5 years.
• Danger of failure of the new items in the market i.e. customers might not like the taste and might not accept the healthier items due to the addictive nature of harmful products.
• The dangerous items in the product portfolio might make the incorporation of healthy items stop working to minimize criticism.
• Substantial expense of research study and development needed to construct brand-new healthy products.
Alternative-2: High level Acquisition of Health related Companies
Another alternative option to attain the potential development and decrease the criticism is to acquire the health associated business at a high level. Financial investment in these kind of companies would enable The Hong Kong Jockey Club Repositioning A Not For Profit Powerhouse Case Study Help to introduce a big variety of much healthier items within a brief time period without any need of substantial research study and advancement expenditures. The benefits and drawbacks connected to alternative 3 are given below:
• Saving of big quantity of research study and advancement expenses for brand-new product advancement.
• Incorporation of brand-new products within two years.
• Ability to target large number of customers i.e. health mindful consumers.
• Reduction of the criticism of ecological worried societies and neighborhood development companies.
• Fulfillment of the social duty by compensation of the harmful products with healthy items.
• The acquisition may not show to alter the image of The Hong Kong Jockey Club Repositioning A Not For Profit Powerhouse Case Study Solution as in case of Quake Oats.
• Requirement of huge amount of capital.
• Danger of failure of the brand-new items in the market i.e. consumers may not like the taste and might not accept the healthier items due to the addicting nature of harmful products.
• The hazardous items in the product portfolio might make the incorporation of healthy items stop working to lower criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative choice for The Hong Kong Jockey Club Repositioning A Not For Profit Powerhouse Case Study Solution is to change all of its dangerous products with much healthier items. The replacement of harmful products with healthier products would totally alter the market position of the business and would need a big number of essential actions to be taken.
• Change of market position of The Hong Kong Jockey Club Repositioning A Not For Profit Powerhouse Case Study Help
• Capability to target large number of customers i.e. health mindful consumers.
• End of all of the criticism of ecological concerned societies and community advancement companies.
• Fulfillment of the social duty
• Threat of failure of the brand-new products in the market i.e. customers may not like the taste and might not accept the much healthier items due to the addicting nature of harmful products.
• Substantial expense of research study and advancement required to construct new healthy items.
• Worker might withstand over the change in the business model and service technique.
• Number of years required for the implementation.
• Shift of focus from the core proficiencies.
With the deep analysis of the company's CSR, problems faced by the business and the present market situation, Case Study Analysis is recommended to consider alternative 2 of high level of acquisition of health associated business. As the acquisitions would enable the company to conserve of substantial amount of research and advancement expenses for new product development. Along with it, acquisitions would allow incorporation of new items within two years along with the ability to target big number of customers.
This The Hong Kong Jockey Club Repositioning A Not For Profit Powerhouse case study is writen by : Ali Farhoomand
|Executive Summary||Swot Analysis||Vrio Analysis||Pestel Analysis|