Week Ii Mmpbl 550

In: Business and Management

Submitted By kopfjager
Words 785
Pages 4
Best Snacks Incorporated has had a trend of losing market share over the last two years. Not being able to adapt to the changes in the market has best Snacks on the ropes trying to reinvent how business is done. Best Snacks like any company has seen profitability decrease and production costs have been on the rise. Both Proctor and Gamble, and Toyota have experienced success even though neither company has developed new products both are an example of what Best Snacks can emulate and hopefully find success.

Organizational Learning requires an overview of the current business model, and using this assessment to develop a learning curve that clearly elaborates the strengths and weaknesses so that a company like Best Snacks can improve upon them. While not having to spend a fortune in finding a new product perhaps a simple change in packaging size or scheme to make the product more appealing to the consumer.

Becoming profitable

Finding an increase in market share will certainly be an indicator that these implementations are being effective. With the increase in Market share the company will again become more profitable; moving more products with an increase in packaging size can cost more. However, if suppliers can move more products to Best Snacks perhaps they too can help with cutting costs due to bulk product purchases. Best Snacks can survey both employees and consumers to find out how to improve packaging both in appeal and perhaps finding a way to help the product last longer allowing it to remain on shelves longer.

Cutting cost

Another key finding from organizational learning might be that by empowering the employees and taking his or her ideas into account, best Snacks might find ways to make the production lines more efficient. Best Snacks currently is not known to take be proactive in taking employee suggestions and most employees have resigned…...

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