Innovation By Alma Bautista, Ken Hau, Michael Corral S Basic Description S History S Radical Innovation S Play to Win (Innovation Center) S Ray Kroc, Chef , Barbara Booth S Hamburger University Macro Environment S Society S Environmental S Economy S Global Expansion/ Culture S Legal Top Competitors S Starbucks Corporation S Burger King Corporation S Wendy’s/Arby’s Group, Inc. Sources of Innovation S Innovation Center S Innovation Council S Strategic Innovation Process McDonald’s Capability S Stock growth and revenue S High brand value and market presence S Growing opportunities S Hot drinks market S Franchise-operated restaurants Innovation Strategy & Implementation S Autonomy S Product studies S Customer studies S Technology Major Obstacles S Competitive industry S Increase in health-conscious consumers S Volatility of food and labor costs S Litigations S Unsuccessful products Performance S COMPANY Sustainable Supply Chain S COMPETITION McDonald’s Vs. Other Fast Food Chains S Stocks McDonald’s leads the Dow Jones Lessons Derived S McDonald’s places the customer’s experience at the core of all they do S McDonald’s is committed to their team S McDonald’s believes in its “ 3-legged systems” S McDonald’s operates their business ethically S McDonald’s give back to the community Other Information S Strive continually to improve S They are a learning organization that aims to anticipate and respond to changing costumers, employee and system needs through constant evolution and innovation. S Sustainability Questions