Strategic Planning of Ayam Cak Nga"s Company
-
Upload
independent -
Category
Documents
-
view
1 -
download
0
Transcript of Strategic Planning of Ayam Cak Nga"s Company
1.0 INTRODUCTION
Strategic Planning is a broad process that can be address
the entire business, or a portion of the business such as
marketing. Marketing Strategies is derived from strategic plans.
The purpose of strategic plans is to design by provide an
organization, its divisions, departments or even individual
player or a game plan to achieve specific goals and objectives.
Planning process is a number of steps are involved in any
strategic planning process, including a strategic marketing
planning process. These include identifying the overall planning
goal, selecting team participants, gathering data related to the
internal and external environment, conducting a SWOT (Strength,
Weakness, Opportunities, And Threats) analysis, developing
specific objectives, creating strategies and tactics, and
designing a measurement and reporting process. In many
organizations, the overall strategic plan provides direction of
the creation of sub-plans, including a strategic marketing plan.
From the task given, we choose to interview Ayam Penyet Cak
Nga.
1
1.1 “AYAM PENYET CAK NGA” HISTORY
“Ayam Penyet Cak Nga” was established by Ahmad Ashrof in
2015. Ahmad Ashrof was an engineering student with a business
family background, especially his father. He firstly entered the
food industry by selling his chicken rice at night market. Then
after a few years gaining profits, Mr. Ashrof opened his first
restaurant “Ayam Penyet Cak Nga”.
The restaurant provides specialize Ayam Penyet and Chicken
Rice for the customers. “Ayam Penyet Cak Nga” located behind
Mcdonald restaurant at No.1 Jalan Dagangan 7, Pusat Bandar Bertam
Perdana, 13200 Kepala Batas, Pulau Pinang.
Ahmad Ashrof opened “Ayam Penyet Cak Nga” due to his will to
introduced “Ayam Penyet” cuisine to the local people in Kepala
Batas. Besides, the main reason is there are no “Ayam Penyet”
2
being sells at this area at the moment and he is the fan of “Ayam
Penyet”cuisine which is the main dish for Jawa people.
2.0 THEORY OF STRATEGIC PLANNING
John and Lee (2002) theorize that strategic planning is to a
business what a map is to a road rally driver. It is a tool that
defines the paths that when taken will lead to the most likely
probability of getting from where the business is to where the
owners want it to go. And like a road rally, strategic plans meet
3
detours and hurdles that call for adapting and adjusting as the
plan is implemented.
Strategic planning is a process that brings to life the
mission and vision of the business. A strategic plan, well-
crafted and of value, is driven from the top down; considers the
internal and external environment around the business; is the
work of the managers of the business; and is communicated to all
the business workers, both inside and outside of the company.
While according to Kotler (2012), strategic planning is the
managerial process of developing and maintaining a strategic fit
between the organization’s goals, capabilities and resources with
an evolving of market opportunities.
The benefit of the discipline that develops from the process
of strategic planning, leads to improved communication. It
facilitates effective decision-making, better selection of
tactical options and leads to a higher possibility of achieving
the owners’ goals and objectives. There is no one formula or
process for strategic planning. There are however, principles and
required steps that optimize the value of strategic planning.
4
2.1 STRATEGIC PLANNING IN AYAM PENYET CAK NGA
Interview by:
1. Abdul Hakim Bin Abd Halim
2. Nur Amalina Binti Zainon
3. Nur Faezza Binti Zaker Husain
4. Nur Shazni Shahirah Binti Saiful
5. Nurul Shuhada Binti Abd Hamid
Q1 : How did you start your business?
A1 : First of all, err.. I studied in an engineering course in
UIA. During my studies, I love to eat “Ayam Penyet”. In my
hometown, it is hard to found “Ayam Penyet” which is my
favorite. The owner of famous “Ayam Penyet” in KL teaches me
how to make special sambal for “Ayam Penyet”. The uncle gave
me encouragements to make my own meal of Ayam Penyet using the
secret recipe at my home. That is how I start my own business.
Q2 : Did you get any guidance from certain institution?
A2 : Many advice came from my father as he also involved in
business. Basically, I did not attend any series of lesson.
Q3 : When did you open your business?
5
A3 : This business is recently open. Only open in 5 months.
Q4 : What is your marketing strategy?
A4 : I’m using Facebook as a medium and banner to promote my
restaurant.
Q5 : Did you have any special price for students to eat at your restaurant?
A5 : I did not make any special price for students yet as my
business only at the starting point. Therefore, tons of things
to be improved.
Q6 : What is your marketing target?
A6 : Actually my target are to the ones who adore Ayam Penyet
meal, but mostly of my customers are from family and at
usually at office hours, there were office worker who come to
my restaurant.
Q7 : What have you done so that your business is well-known by public?
A7 : I’m using flyers because it reduces the cost.
Q8 : What are the obstacles that you have been through along in this business?
A8 : The obstacles that I have been gone through is to manage
this business. Especially to me who does not have any
background in business.
Q9 : What is your business’s strength?
6
A9 : The other restaurant with many types of menus. Other than
me who only introduced a famous menu as the main cuisine.
Also, I make a variety of Ayam Penyet and all my menus are
based on set. Because the set are more efficient in reducing
cost.
Q10 : How did you control your business on the product which is no longer
profitable?
A10 : I eliminate the menu that is unfavorable by the customer
and create the new menu. for example, I make “keow teow
kerang” and “mee goreng mamak” every evening starting 5pm
until 11pm, but because of the high demand from the customers,
I decided to make this dishes starting at 12 in the afternoon.
Q11 : What are your business operation hours?
A11 : Starting 12 noon until 11pm. Open for everyday except
Tuesday.
Q12 : How is your estimation income per month?
A12 : Well, it is a secret. But, what can I tell you is I have
enough to pay my workers and rent every months.
Q13 : Where did you get your basic capital from?
A13 : I only make loan from bank.
Q14 : What is your long-term objective?
7
A14 : My long-term objective is to expand my business. My
Chinese friend asks me to open my business at the island side
of Penang as it is hard to find the delicious and cheap food
there. I’m looking forward for that.
Q15 : How much is your monthly rent?
A15 : Monthly rent is RM350-RM400.
Q16 : What is the meaning of “Ayam Penyet Cak Nga”?
A16 : “Cak” stands for brother. While “Nga” referring to
myself as Angah the second member in my family.
8
2.2 DESIGNING THE BUSINESS PORTFOLIO
Directed by the business mission statement and objective,
management now must plan its business portfolio; the collection
of businesses and product that makes up the company .The best
business portfolio is the one that best fits the company’s
strengths and weaknesses to opportunities in the environment.
Business portfolio planning involves two steps. First, the
company must analyze its current businesses, should receive more
less or no investment. For instance, we can see Mr. Ashrof, the
owner of “Ayam Penyet Cak Nga” Restaurant analyze his current
business as the potential business to growth as it was the only
one restaurant that offer “Ayam Penyet” in Bertam, Pulau Pinang.
Second it must shape the future portfolio by developing
strategies for growth and downsizing. For developing strategies
in growth, Mr. Ashrof, the owner of “Ayam Penyet Cak Nga”
Restaurant identified the business growth through product/market
expansion grid. Product/market expansion grid consists of market
penetration, market development, product development or
diversification.
Market penetration is a growth strategy increasing sales to
current market segments without changing the product. We can
look in “Ayam Penyet Cak Nga” Restaurant, Mr. Ashrof implement a
reasonable and valuable price for its dish which is RM 7.00 for
one set of “Ayam Penyet Original” that includes a quarter of
9
“Ayam Penyet”, Special Madura Sauce, Tempe, Tauhu, Ulam, Soup and
Rice.
Market development is a growth strategy that identifies and
develops new market segments for current products. For instance,
Mr. Ashrof develops new market segment for the chicken product
which is “Ayam Penyet”.
Product development is a growth strategy that offers new or
modified products to existing market segments. In “Ayam Penyet
Cak Nga” Restaurant, Mr. Ashrof used a special secret homemade
sauce in his Ayam Penyet’s recipes.
Diversification is a growth strategy for starting up or
acquiring businesses outside the company’s current products and
markets. Mr. Ashrof planning to diverse his business by prepared
delivery service for its customer.
While for downsizing is the reduction of the business
portfolio by eliminating products or business units that are not
profitable or that no longer fit the company’s overall strategy.
For example, according to Mr. Ashrof, the owner of “Ayam Penyet
Cak Nga” Restaurant, he had to eliminate porridge soup as it was
not profitable and demanding by his customer.
10
3.0 CONCLUSION
Mr. Ashrof is taking the next level of business through the
effort of franchising his business by increasing the profits and
minimized the cost of production by planning, organizing and
controlling.
From the interviewed, we can see that Mr. Ashrof have been
promoting his restaurant via internet such as Facebook for
11
marketing. Mr. Ashrof also minimize the cost production by
offering set-menu rather than buffet style which can cost him
lots of expenditure for the restaurant. Besides that, Mr. Ashrof
have introduced others cuisine for his restaurant such as western
cuisine for dinner due to high demand from his customer
especially among young-adults and children range.
Therefore, we can make Mr. Ashrof as an example of
successful businessman that started from selling food at night
market to a restaurant in few years and one day will become a
franchise restaurant in Malaysia.
12
4.0 REFERENCES
John F. Dix and H. Lee Mathews Research, “The Process Of
Strategic Planning” (August 2002).
Philip Kotler, Gary Armstrong, 2012, Principles of
Marketing, 14th ed. New Jersey: Pearson Education.
Salah S. Hassan Stephen Craft Wael Kortam,
(2003),"Understanding the new bases for global market segmentation", Journal
of Consumer Marketing, Vol. 20 Iss 5 pp. 446 – 462. Permanent
link to this document:
http://dx.doi.org/10.1108/07363760310489670.
13
The registration certificate of “Ayam Penyet Cak Nga”
Restaurant
Shaz, Faezza, Syud
and Hakim with
the owner of “Ayam
Penyet Cak Nga”
Restaurant ; Mr.
Ashraff
Shaz, Faezza, Syud
and Amal with Mr.
Ashraff.
15
Mr. Ashraff , the owner of “Ayam Penyet Cak Nga”
“Ayam Percik” one of the menu
Decoration of the restaurant
17