The strategies of McDonalds
revolved around this philosophy which ensured that the company protects its
brand reputation built over so many years. There were many a key operational
decisions which were part of the company’s overall strategy. The preceding
sections discuss the role of operations as an enabler of the corporate
strategy.
“Managing the available
resources by designing, planning, controlling, improvising and scheduling the
firms systems & functions and thereby deliver the firm’s primary product
& services. “ It has been an integral part of manufacturing and service
organisation and is aimed at timely delivery of finished goods & services
to the customers and also achieving it in a cost effective manner. It consist
of an amalgamation of different functions including quality management, design
& industrial engineering, facility and channel management, production
management, operational research, work force management, enhancing product
design, improvising productivity, and improve customer services.
The McDonald's executive organisational
department areas are as follows: at the top are the chairman and chief
executive officer, and the chief operating officer. Below that, the departments
are broken down into: corporate affairs, marketing, human resources, national
operations, regional managers, finance, information, and strategic planning.
McDonald’s success is built on a foundation of personal and professional
integrity. Hundreds of millions of people around the world trust McDonald’s. We
earn that trust everyday by serving safe food, respecting our customers and
employees and delivering outstanding Quality, Service, Cleanliness and Value
(QSC&V). We build on this trust by being ethical, truthful and dependable.
In short, what Ray Kroc, founder of McDonald’s Corporation said more than 50 years
ago was right.
McDonald’s Board of Directors is entrusted with and responsible for the
oversight of McDonald’s Corporation in an honest, fair, diligent and ethical
manner. The Board has long believed that good corporate governance is critical
to fulfilling the Company’s obligation to shareholders. We have and will
continue to strive to be a leader in this area. This section of McDonald’s
website contains detailed information about McDonald’s governance practices.
McDonald’s Board believes that good governance is a journey, not a
destination. Accordingly, we are committed to reviewing our governance
principles at least annually with a view to continuous improvement. One thing
that will not change, however, is our commitment to ensuring the integrity of
the McDonald’s System in all its dealings with stakeholders.
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