Market Value Creation Shouldice Hospital + Benihana
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Transcript of Market Value Creation Shouldice Hospital + Benihana
MARKET VALUE CREATIONa presentation
MF. AGUSLEMI122.04.0523
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
Reengineering
Continous Quality Improvement
Blue Ocean Strategy
BUSINESS PROCESSphilosophy
Reengineering
Continous Quality Improvement
Blue Ocean Strategy
BUSINESS PROCESS
How does business process create Value for the Company ?
Issue
Reengineering
Continous Quality Improvement
Blue Ocean Strategy
BUSINESS PROCESS
How does business process create Value for the Company ?
Issue
CASE STUDIES
shouldicehospital
benihanarestaurant
the production line approach to service
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
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
SHOULDICE HOSPITALWhy Patient like Shouldice
Quality OutcomeQuality of InteractionFast RecoveryLow PriceFacilities/DecorAmbiance
SHOULDICE HOSPITALWhy Patient like Shouldice
Quality OutcomeQuality of InteractionFast RecoveryLow PriceFacilities/DecorAmbiance
SHOULDICE HOSPITAL
Typical Hospital
Shouldice Hospital
Low VolumeCustomization
High VolumeStandardization
Flexible
Rigid Flow
Product/Process Matrix
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
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
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
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
thank you