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Business Planning and Strategic Implementation Simulation

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Title: This is the title of this presentation Author: Bayard Advertising Last modified by: Walter J Ferrier Created Date: 11/3/2005 9:52:17 PM Document presentation ... – PowerPoint PPT presentation

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Slides: 21
Provided by: BayardAdv
Learn more at: http://gatton.uky.edu
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Title: Business Planning and Strategic Implementation Simulation


1
Business Planning and Strategic Implementation
Simulation
2
Business Plan Simulation
  • Restaurant-as-metaphor for any product, service
    or industry
  • Point of Application
  • Strategic Management concepts
  • New Product Development and Innovation concepts
  • Business Plan Development and Presentation
  • Integration of Business Functions and Processes
  • Marketing
  • Budgets Accounting
  • Human resource management
  • Operations, purchasing, logistics
  • Teamwork and leadership
  • Competitive analysis and strategy
  • Business communication

3
New Restaurant Start-up
  • Develop business plan
  • Ideation, strategy development, budgets
  • See new restaurant business plan PPoint template
  • See new restaurant budget Excel template
  • Shop for, cook and serve signature dish
  • Four servings Two for presentation, two for
    buffet
  • Trial run at Lemon Tree kitchen, or your home or
    apartment?
  • Pitch new restaurant business plan to
    investors
  • Oral presentation of business plan (20 minutes
    each)
  • Test-taste signature dish during lunch

4
Lexingtons Restaurant Market
5
Menu
  • Comprehensive enough to support your concept
  • Appetizers
  • Salads
  • Entrees
  • Desserts
  • Beverages

6
Signature Dish
  • Design one dish that exemplifies your concept

7
Signature Dish
  • Anything goes, but

8
Roles and Responsibilities
Business Manager Business Planners/Analysts Real
Estate Analyst General Manager Executive
Chef Sous Chef(s) and Cooks Wait Staff Dishwashers
9
Business Team
  • Business plan, analyze, budget, present

10
Kitchen Team
  • Shop, cook, plate-up, clean-up, etc.

11
Wait Staff
  • Set table, serve, explain, bus table, clean-up

12
Cooking Techniques Equipment
Technique Equipment
Grilling Hardy meat, chicken, fish, veggies, bread Weber charcoal grill
Sautee, sear, blacken Delicate/thin meat, chicken, fish, veggies, eggs 20,000 BTU stovetop burner aluminum skillets cast iron skillet
Boil, poach, blanch Veggies, pasta, rice, shrimp, lobster Stovetop burners Pots 2 qt. to 4 gallons Propane burner (for big job)
13
Cooking Techniques Equipment
Technique Equipment
Roast, Pan Roast Meat, chicken, fish Dual wall oven Regular Convection
Baking Veggies, bread, casserole, eggs Desserts Pseudo-fried breaded items (meats, veggies) Dual wall oven Regular Convection
Smoking Meat, fish Electric smoker
Griddle Pancakes, Electric griddle
14
Location
Us
Dudleys
Merrick Inn
15
Location
  • http//www.haymakercompany.com/
  • http//www.naiisaac.com/
  • Drive around town on your own

16
Physical Environment and Ambiance
  • Floor plan
  • Décor
  • Table aesthetics
  • Staff appearance

17
Simulation Schedule
  • Now
  • Simulation Overview
  • QA
  • Tuesday
  • Discussion Panel 900-1030 a.m.
  • Rob Perez (Saul Good)
  • Doug Emerson (Windy Corner)
  • Kitchen Walk-through (Erikson Hall, Lemon
    Tree)
  • 230-330 Group 1
  • 330-430 Group 2
  •  

18
Simulation Schedule
  • Wednesday
  • 900-1200 Restaurant Concept/Signature Dish
    Spot-check
  • Gatton Rm. 309
  • 30-minute consultation meetings with Wally
  • Sign-up sheet
  • Thursday
  • Test Kitchen 800-1100 a.m.
  • 800-1100 a.m. at Lemon Tree kitchen
  • Any time at your own place
  •  

19
Simulation Schedule
  • Friday
  • Best New Restaurant Business Plan Competition
    Tasting
  • 1100-1230 Group 1
  • 130-300 Group 2
  • Some perspective
  • Presentations on each half-hour
  • Know how long it takes to prep, cook, plate-up,
    serve your teams dishwork backward from your
    presentation time to figure out when to start
    cooking
  • Serve dish within 4-5 minutes of presentation
    start
  • Invite judges to dig in
  •  

20
  • take a closer look
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