hsbc-iba case competition 2016(semifinal)

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PHOENIX TEAM

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Page 1: HSBC-IBA Case Competition 2016(Semifinal)

PHOENIXTEAM

Page 2: HSBC-IBA Case Competition 2016(Semifinal)

Case Background

Western brand with local characteristics

Collaboration with small no. of large

processors

Severe lack of trust in marketStrong hold on logistics channel

Page 3: HSBC-IBA Case Competition 2016(Semifinal)

Core Issue

Lack of Trust In Chinese Consumer Market

Internal

Anti-biotic, growth hormones,Unhygienic environment

External

Bird flu and other diseases

Page 4: HSBC-IBA Case Competition 2016(Semifinal)

1 2 3 4

4C Analysis

Company

Customer

Competitor

Collaborator

90% company owned outlet

Strong logistic network

Dicos & Hua Lai Shi: Low price

Lack in trust

Increasing interest in competitor product

Local Big Suppliers

Big Western Competitors

Kung Fu Catering

Page 5: HSBC-IBA Case Competition 2016(Semifinal)

1

43

2

Key Success Factors (KSF)

Global Taste, Local Menu

Sourcing From Local Farmers

Training the Local Employees

Total Quality Control

Page 6: HSBC-IBA Case Competition 2016(Semifinal)

Alternatives

Focusing on Local Cuisine

1

Regaining Consumer Trust

22

Importing Meat From Foreign

Market

3

Page 7: HSBC-IBA Case Competition 2016(Semifinal)

Big Idea

REGAINTrust, Same Store

Sales

RETAINBrand Image, Growth

Page 8: HSBC-IBA Case Competition 2016(Semifinal)

Ensuring Supervision of Scattered Farming

Bulk Buying from Northern Region

Include Cooperative Farming

Action Plan (Supply Chain)

Page 9: HSBC-IBA Case Competition 2016(Semifinal)

Complying with ISO 22000

STAR Audit after 6 Months

Establishing Quality Control Department

Action Plan (Quality Control)

Page 10: HSBC-IBA Case Competition 2016(Semifinal)

Interactive Consumer Survey

Community Development- “ Together We Develop”

“See by Yourself” campaign

Action Plan (Marketing)

Page 11: HSBC-IBA Case Competition 2016(Semifinal)

Challenges & Feasibility

Feasibility

ChallengesIncreasing Concern over antibiotic and hormone using

Highest amount of control & frequent STAR audit

Lack of trust on foreign company’s honesty

Marketing Campaigns

Page 12: HSBC-IBA Case Competition 2016(Semifinal)

Failing to meet target will result in corrective measures

Failing to maintain standard Will eliminate the contract

Monitoring the chicken sales of

Outlets

Monitoring through STAR &Quality Control Dept.

Monitoring and Evaluation

Page 13: HSBC-IBA Case Competition 2016(Semifinal)

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Timeline

6 Months

1 Year

2 Year

4 Years

Collaboration and Promotion

Focusing on quality control

Obtaining ISO certification and establishing collaboration with

co-operative farms

Establishing it as a trusted brand to the Chines Consumers

Page 14: HSBC-IBA Case Competition 2016(Semifinal)

Financials

Same Store Sales Growth(2014) : 1st Quarter : 4-6% 2nd Quarter : 6-8% 3rd Quarter : 8-10% 4th Quarter : 10-12%

Overall Growth : 7-8%

Page 15: HSBC-IBA Case Competition 2016(Semifinal)

Contingency Plan

Importing from outside china like Thailand, Turkey etc.