Principles of Management
Principles of Management
OER 2019 Edition Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
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Background info on business: H-E-B Grocery
Compose a one-page Executive Summary page: to which would include: brand, products, advertising and sales information
Please reference in text citation and add weblinks
Transcribed Image Text:Executive summary
• Overview of H-E-B vision, mission and core values
• Summary of goals and objectives
• Description of the market and competitive environment
• Expected outcomes
Market Analysis
⚫ HEB's trends and consumer behavior
⚫ SWOT Analysis: (Martin, 2024)
Strengths:
What H-E-B does well in
■しかく What separates them from other competitors
What are their biggest strengths
o Weaknesses:
What does H-E-B do poorly on?
■しかく What processes or products need improvement?
What do competitors do better than H-E-B
。 Opportunities:
How can H-E-B leverage unique company strengths
■しかく Any trends that H-E-B can take advantage of
■しかく
o Threats:
Is there an emerging need for your product or service?
■しかく Is there a chance of changing customer attitudes towards H-E-B
■しかく
Does H-E-B have any weaknesses that put them at risk
■しかく
What should emerge competitors should be kept an eye on
Goals and Objectives
⚫ H-E-B expansion
• Increase operational planning and reduce cost
Increase customer experience with new services and/or technology
Promote creativity in product and services
Financial and Resource planning:
Risk management and contingency planning
■しかく Forecast revenue growth and financial milestones
Recruitment and employee retention plans
·
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