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Actual and Propose Mission and Vision Statement
Actual and Propose Mission and Vision Statement
2ND SEMESTER
AY 2020 – 2021
STRATEGIC MANAGEMENT
PLAN
For
Dunkin Donut
Name of Company
Group Members:
1
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A. Case Abstract
B. Vision Statement
To be always the desired place for great coffee beverages and delicious
complementary donuts & bakery products to enjoy with family and friends
C. Mission Statement
To be the leading provider of the wide range delicious beverages & baked product
around the kingdom in a convenient, relaxed, friendly environment, that insures the
highest level of quality product and best value for money.
Propose Vision Statement
Vision Statement
For the vision statement I would like to change a bit of its statement and replace the
word “To be always the desired place” into “The only preferred place” to be more
precise and be the absolute advantage to its competitors. When it comes to common
product offered.
“The only preferred place for great coffee beverages and delicious complementary
donuts & bakery products to enjoy with family and friends”
Mission Statement
As for the mission statement it is important to include the people behind its provided
quality product to consumer. To highlight more the importance of participation of
employees in achieving the company’s goal, I would like to propose an revised mission
statement to be more on point when it comes to serving best and quality product while
giving credit to those people working on it.
“To be the only provider of the wide range delicious beverages & baked product
around the world served by the well trained and well compensated employees in a
convenient, relaxed, friendly environment, that insures the highest level of quality
product and best value for money together with use of environmental friendly
packaging for its product served.”
External Audit
Opportunities
There are a lot of opportunities to look up in Dunkin Donuts. One of it was the
increased in home delivery and catering business for events. Another is the rise of
consumer who was looking and consuming a much healthier food. According to IBIS
they expect the healthy index to rise 2.6% from 2015-2020. Another opportunity would
be the increase of consumption of coffee in retail caused by Corona virus which led at
home-coffee increased by 4.9% in 2020 alone. Eco Friendly products used by a coffee
and pastry shops is also an opportunity that has attracted more consumers rather than
those who uses plastics. According to study 50% of the consumers are willing to pay
more goods and services if they are kinder to the environment.
Threats
https://www.studocu.com/ph/document/university-of-san-carlos/bachelor-of-
science-and-accoutancy/other/dunkin-strategic-management-
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