HRM Case Analysis: Food Business Presentation, Venture Capitalist

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Added on  2022/09/17

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This report presents an HRM case analysis of a food business, providing a detailed overview of the organization's strategies and challenges. The analysis includes a presentation designed for venture capitalists, focusing on demographic factors influencing the business's success. It incorporates various frameworks, such as PESTLE and Porter's Five Forces, to assess the external and competitive environments. The report also covers non-financial and financial resources, a business model canvas, and identifies growth challenges related to people, competitors, and branding. The student utilizes references to support the analysis, providing a comprehensive view of the company's HRM practices and business model.
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HRM: CASE ANALYSIS OF A FOOD
BUSINESS
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Presentation to the venture capitalist:
Demographic Factors affecting the new business idea:
The first factor that influences the idea of people
engagement in the organization is that of the character of
the work teams and their attitude in terms of fulfillment of
the organizational goals.
The factors that come in to play here are the reliability,
honesty as well as the potential of the employees to engage
in a long term relationship with the employers where the
attrition rate would be low and there would be lesser rate of
attrition among the most important work teams in the
organization (Loufrani-Fedida, 2019).
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Continued…
The capacity of business partners refers to the evidences
like stock capital or employment culture that needs to be
compliant with that of the parent company so that there is
an emergence of the equivalent organizational ambitions.
In this context, it should be communicated that there are
several important elements like taking developing a mix of
franchises and directly owned outlets where the working
potential of the workers is very high provided that they
have large base of hospitality skills.
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Pestle analysis
Political Factors
The government favors growth of businesses that allows
incorporation of educated unemployed youth in to the
organized sector.
This would help in complimenting the HR strategy of
organization that supports equitably compensating the staff
of the restaurant.
Economic Factors
The stability in the markets where they operate helps IBM to
engage in more corporate deals as their stock capital is
always very high.
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PEST Analysis
Social Factors
The most important factor that acts in case of discretion of the
employment condition of the company is the trend for cultural
differentiation tat augments the diversified participation of employees
from diverse backgrounds and that is how the skill set of the employee
base also becomes diversified (Thite and Bhatta 2019).
Technological Factors
Growth of technical factors has largely affected the growth of the
advanced HR practices. In the first place we should be speaking of the
Ai technology and the automated sensing technology that allows the
staff to stay connected.
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Porter’s five forces analysis summary
One of major factors that have been analyzed in the
development of five forces analysis by the researcher is
that of the competitive forces like other big hospitality
groups that are rival to this startup restaurant group.
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Porter’s Five Forces Summary Continued…
The competitive force of the organization has been
developed by the skilled workers operating in almost all of
the technological spheres that helps them in manhandling
projects of reputed organization.
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Resources required
Non Financial resources
The technological solutions are biggest solutions whereby
the restaurant communicates with reputed chefs to host
international gatherings (Jain 2019).
Financial resources
The marketing investment of the company has been
extended with time and in the latest financial year the
marketing budget of the organization has been $1466
million USD.
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Financial analysis of the restaurant group
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Business Model Canvas of the company
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Growth challenges continued…
People
The lack of hierarchical control
The lack of precise skills and lack of supervision in some
training domains
Competitors
Competitors do not affect their business on a large scale
They are interested with corporate services
New Substitutes
New start ups of restaurants chains opened by popular
hospitality groups (Ahlawat et al. 2016).
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Growth life challenges in industry
Branding
Wrong perception of consumer preferences because of
which the rival brands have flourished
Wrong target market selection in some domains has
accounted for potential losses
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