Market Value Creation Shouldice Hospital + Benihana

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MARKET VALUE CREATION a presentation MF. AGUSLEMI 122.04.0523

Transcript of Market Value Creation Shouldice Hospital + Benihana

Page 1: Market Value Creation Shouldice Hospital + Benihana

MARKET VALUE CREATIONa presentation

MF. AGUSLEMI122.04.0523

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Business Process is a collection of activities that takes one or more kinds of input and creates output that is of value to the customer ( Hammer & Champy)

BUSINESS PROCESSdefinition

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Reengineering

Continous Quality Improvement

Blue Ocean Strategy

BUSINESS PROCESSphilosophy

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Reengineering

Continous Quality Improvement

Blue Ocean Strategy

BUSINESS PROCESS

How does business process create Value for the Company ?

Issue

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Reengineering

Continous Quality Improvement

Blue Ocean Strategy

BUSINESS PROCESS

How does business process create Value for the Company ?

Issue

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CASE STUDIES

shouldicehospital

benihanarestaurant

the production line approach to service

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SHOULDICE HOSPITALGeneral Info

Located in Ontario, CanadaA world famous center for the repair of herniaThe success rate is 99%During the last 55 year, 290.000 hernia operation has been performEveryday 35 hernia are repaired at the Shouldice Hospital

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SHOULDICE HOSPITALLean Enterprise

Standardization of work methodHighly focused, limited deliveryMinimal direct labourHigh utilization of surgeon timeHigh utilization of surgical supportLow capital investment in room/equipment High utilization of room space

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SHOULDICE HOSPITALWhy Patient like Shouldice

Quality OutcomeQuality of InteractionFast RecoveryLow PriceFacilities/DecorAmbiance

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SHOULDICE HOSPITALWhy Patient like Shouldice

Quality OutcomeQuality of InteractionFast RecoveryLow PriceFacilities/DecorAmbiance

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SHOULDICE HOSPITAL

Typical Hospital

Shouldice Hospital

Low VolumeCustomization

High VolumeStandardization

Flexible

Rigid Flow

Product/Process Matrix

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Began in 1964 near Broadway, Newyork

The pioneer of eatertainment concept

Key Concept : the use of american favorite like steak, chicken, seafood and vegetables and the hibachi method of presentation

Chef as a showman

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Production line approach to service

Use of Bar as buffer

Customer are batched from the bar in group of 8 to the dining area

Inventory reduction through limited menu

Seating, cooking, labor cost eficiency

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Production line approach to service

Use of Bar as buffer

Customer are batched from the bar in group of 8 to the dining area

Inventory reduction through limited menu

Seating, cooking, labor cost eficiency

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Production line approach to service

Use of Bar as buffer

Customer are batched from the bar in group of 8 to the dining area

Inventory reduction through limited menu

Seating, cooking, labor cost eficiency

Typical Restaurant Benihana

Food Sales 70-80% 70%

Beverages Sales 20-30% 30%

Food Cost 38-48% 30%

Beverages Cost 25-30% 20%

Gross Profit 55-65% 73%

Labor 35-40% 10%

advertising 0.75-2% 8-10%

Rent 4.5-9% 5-7%

Other 10-20% 10-15%

Pre tax profit 3-14% 35%

After tax profit 0.25-4.5% > 17.5%

sumber : internet

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thank you