Mcdonalds Enterprise Skills

Submitted by: Submitted by

Views: 10

Words: 4954

Pages: 20

Category: Business and Industry

Date Submitted: 02/23/2016 10:41 AM

Report This Essay

McDonalds

Enterprise skills

McDonald’s restaurants are run by franchisees and business managers. In order to generate revenue and profit they need to have the ability to coordinate resources to ensure the business is successful. In addition to this, many skills are required which include taking risks when needed and exploiting opportunities. These enterprise skills contribute to the business achieving their aims and objective, which is critically important for them as a business.

Self-confidence and motivated management is key to effective Business managers and franchisees at McDonalds.

As a business, McDonalds require highly motivated managers to achieve success. The McDonalds website also states they need to have good communication skills, and be a brilliant multi-tasker. http://www.mcdonalds.co.uk/content/dam/McDonaldsUK/People/Meet-our-people/mcd_prospectus.pdf

A business manager works with a team of 80 and a store has an average turnover of £2 million. This indicates their significance of their role and highlights how good communication should be. McDonalds has a flat hierarchy which enables business managers to communicate well with their staff. They can offer efficient training to their staff which therefore helps the business run more smoothly. They also have to maintain motivation which will help their team work more efficiently which will maintain their customer base and generate profit. This will consequently contribute towards their aims and shareholder return. High levels of confidence is also required by franchisees and business managers this is because they must effectively implement the McDonalds business model while also running it as their own business. Franchisees have to control costs based on the McDonalds requirements. This can be difficult due to their may be limitations, however a business manager needs to...