Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Financial analysis of chipotle
Chipotle case study financial analysis
Chipotle Mexican Grill Case Study Analysis
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Financial analysis of chipotle
In the fall of 2015, Chipotle Mexican Grill restaurants had an unfortunate series of e coli outbreaks throughout several of their franchise locations in the Pacific Northwest. There were 35 reported cases of the virus in Washington State and Oregon. The illness customers suffered from was linked to the popular chain of eating places.
The Chipotle organization was immediately faced with a public relations challenge. The organizations identified the crisis and 1st came up with a goal. Crisis Management (Lecture 1-2) Address the e coli outbreak in a way that is as aggressive as the media coverage that had reported on the events. The purpose of the plan, to take ownership of the incidents, be responsible for fixing it and regain as much consumer trust as possible. The final goal to bring their sales revenue back up.
Prior to the bad food e coli outbreaks, Chipotle had a high rank of 25, according to a CNN Money report , very high on YouGov’s quality food ranking not
…show more content…
First they must clean the stores. Using “Activities and tactics” *** They responded by shutting down their restaurants to address the cleanliness and food safety standard issues. In January 2016, just after the food crisis, the company sent out a press release that all restaurants will close and hold an all team meeting to address the controversy. **** This included Chipotles that were not affected or had no reported cases of the virus. It implemented new food safety standards. They promoted all these new tactics across all social media platforms and send press releases to media outlets promoting their actions. All to achieve their goal of regaining consumer trust and increase revenue once again. All restaurants placed a sign on the entrance to each location alerting foot traffic customers of the safety measures taking place with a reassuring “BRB” and a description of the recent
As illustrated in the table above, the company has increased its restaurant-count by nearly 14% over the last three years. The management expects to open around 180-195 new restaurants this year. With that aim, Chipotle has already unveiled 44...
Chipotle Mexican Grill originated in Denver, Colorado in 1993. In 1998, McDonald’s became the majority shareholder; however, in 2006, McDonald’s divested its controlling interest. Chipotle became a public company listed on the New York Stock Exchange in 2006. It currently has 1,083 locations across the United States and Canada. In May 2010, Chipotle expanded into Europe, opening their first restaurant in the United Kingdom. (Form 10-K Chipotle Mexican Grill, Inc., 2011)
Chuy’s Tex-Mex Restaurant started in 1982 in Austin, TX off Barton Springs Rd. It was the vision of two friends, Mike Young and John Zapp. They wanted to create a restaurant that offered quality food, diverse options, and affordable prices. The first location was in an old, abandoned BBQ shack with limited room and space, but it would certainly do. Mike and John ran low on their budget for décor and ended up with $20 to spend. John went out to find as much décor as possible. “You can’t fake cheap.” said, John. One of the items John came back with was a velvet canvas of Elvis; thus the beginning of the signature culture and environment provide by Chuy’s. John and Mark say, “If you’ve seen one Chuy’s, you’ve seen one Chuy’s.” The one common denominator found in each location is the Elvis Shrine. From the very beginning The King has played a part in this successful restaurants growth and development.
Taco Bells currently one of the top prominent Mexican fast food chains in the United States.
Most of them reported eating food from Chipotle within the week before their symptoms began. Twenty of those individuals have been hospitalized.
Operations: Chipotle has set standards from when the food is bought, to when it's produced and to when it's sold. This quality control is performed by their Quality Assurance group, which foresees all of these positions.
Any Chipotle I have always gone to have always had good service. Their employees are great. There is never a sour moment when you ask for anything, they are always kind and welcoming. I am always greeted with a hello and a smile when I step up to order. Even if the employee serving you has had a bad day it never shows, you would never know. Despite the lines being basically out the door every time you come (which is the only downside to coming here), the wait time can give you a headache. It is worth it, because Chipotle for sure serves fast food; they usually have three employees working to serve the food. One to get what you order prepared, one to add what extras you and to finish packing it and one to cash you out. The menu is very easy to read and figure out what you want. They have all of the print on the menu in white and big font so it makes it simple for everyone to read. So there isn’t any trouble ordering what you want. They have many different options to choose from as well. You don’t always have to get the burrito.
Simpson, S. (2015). Chipotle Mexican Grill Inc.: Strategy with a Higher Mission or Farmed and
B. Credibility statement-"Chipotle Mexican Grill, Inc., is one of the leading fast-casual Mexican restaurants in the United States, with more than 1,200 company-owned outlets in 38 states ( International Directory of Company Histories)."
During the event of a communicable disease outbreak, as a human services administrator, I would take all of the necessary steps to communicate to youths, parents and medical staff in a timely and efficient manner. My priority would be to isolate the disease as much as possible and to assist those that have been infected with getting the treatment that they need (Graham-Clay, 2005). In the event that there is an outbreak of a disease such as E-coli within a local high school, I would begin by notifying the medical staff immediately. Considering the fact that Ecoli is a food borne illness, it is considered to be a public health crisis and should be handled as such. There are three recognized phases of a crisis: prevention, preparedness, and recovery. Each of these phases requires planned communication strategies. An outbreak often creates a high-emotion, low-trust situation (Heymann, 2004).
The E Coli outbreak was because of Chipotle’s food chain. Incidentally, when your business model is built upon the idea of serving local fresh food, often with the promise that it’s ethically grown and sourced, your supply chain becomes more complex. Consequently, more complexity means more risk. Chipotle is walking a narrow line between offering “food with integrity” and the risk of introducing foodborne
When Chipotle first opened in 1993, the goal was to serve quality food fast, but not be considered “fast food.” To avoid falling under the fast food stigma, Chipotle strives to find the best ingredients with respect to animals, farmers, and the environment. In order to achieve these goals, Chipotle has created a matrix organizational structure that is divisional by location and functional by authority. Chipotle recently expanded internationally to the United Kingdom, Germany, and France, each following strict guidelines assigned by corporate employees from their headquarters in Denver, Colorado. Similarly, each location is functionally organized according to authority: regional manager, district manager, store manager, assistant manager, and
Even though there are more than 1700 Chipotle locations around United States, Canada, United Kingdom, Germany, France, all of Chipotle's restaurants are company-owned, rather than franchised. Chipotle insisting on company-owned is an effective way to take control easily and ensure the high quality of food products. This is seen as a smart move because experienced individuals run all of the restaurants.
As of 2016 there were 2,250 Chipotle restaurants worldwide. (Number of Chipotle Mexican Grill locations worldwide 2007-2016, 2017) Another interesting fact about Chipotle, is that in 1998 McDonald’s started investing in shares of Chipotle and by 2001 they had become the majority shareholder. In total McDonald’s invested over $360 million into Chipotle. (Myers, 2014) Although they have since split ways, the investment McDonald’s made into Chipotle helped to boost the growing power of the new to market concept burrito
This setup provides the capability to serve over 200 people per hour. Employees are cross-trained to be able to perform more than one job duty which helps both the restaurant and the customer experience during peak times (Gamble, Peteraf, & Thompson, Jr., 2015). Chipotle is not just focused on creating a great experience for their customers, they also strive for a positive work environment. Providing fast-tracked advancement opportunities for those who prove their commitment to the organization and want a long-term career at Chipotle Mexican Grill. Financial and Operating