Dominos Pizza Innovation and Sustainable Business Development Report

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Added on  2021/04/24

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This report provides a comprehensive analysis of Dominos Pizza's innovation and sustainable business development. It begins by outlining the problem background, focusing on the potential of drone technology for delivery and the challenges associated with its implementation, such as governmental support and investor backing. The report then explores the benefits of this innovation, including increased efficiency and technological advancement, and the strategic responses Dominos can take to remain competitive, such as benchmarking and employee development. Project options are analyzed, considering stakeholder involvement, social, environmental, and economic impacts. Finally, the report assesses the deliverability of the recommended solutions, covering commercial, financial, and management aspects, along with performance measurement and regulatory compliance. The report also includes a detailed bibliography of relevant academic sources.
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INNOVATION AND
SUSTAINABLE BUSINESS
DEVELOPMENT
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PART 1: PROBLEM
Background of the problem
Dominos Pizza is one of the largest
pizza restaurants in the world
The application of drones can help the
company to reach the customers
effectively
Problems can relate to obtaining
support from the Government
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CONTD..
Definition of the problem
Use of effective technologies for the
application of the innovation
Evidence of the problem
Lack of technical support
Lack of support from investors
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CONTD..
Timing considerations
Dominos Pizza need to consider the
longevity of the product.
Consideration of the broader
context
Gain assist from technical organisations
Materialise the workforce
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PART 2: BENEFITS
Benefits to be delivered
Does not have to be stuck in traffic
Increase technical prowess
Importance of benefits to the
government
Bring about economic improvement
Introduce technology in the country
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CONTD..
Evidence of benefit delivery
Lack of traffic jam
Can deliver products despite lack of
staff
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CONTD..
Interdependence
Improve finances of the company
Rely on the investors to make financial
contribution
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PART 3: STRATEGIC RESPONSE
Method and criteria
Gather new idea through
benchmarking system
Can help to remain competitive in
the business market
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CONTD..
Strategic options analysis
Provide emphasis on hiring talented
employees
Maintain rules and regulations
Check with the ideas of the market
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CONTD..
Recommended strategic option
Provide aid based on the legality of the
business from the Government
Intervene during the delivery to ensure
that the innovation method can be
applied properly
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PART 4: PROJECT OPTIONS ANALYSIS
Project options considered
Managers need to be involved in the
R&D process
Maintain legality of the business
Maintain proper financial and human
resource strentgh
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CONTD..
Stakeholder identification and
consultation
Involve customers and investors
Social impacts
Enhance effectiveness of the delivery
system
Environmental impacts
The drone need to maintain the eco-
friendly nature of the environment
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