With the high street blood bath in full swing now and store closures affecting all, what has been happening to the largest of all, McDonalds? Declining revenues down 25% from 2013. McDonalds launched a Growth Strategy, their Velocity Growth Plan with the clear objective of reversing this trend. The name of the plan was quite deliberate as “...we’re moving fast – and in a clearly defined direction.” So, what are they doing? It is looking to AI and High-Tech applications to reverse this. The results are showing for themselves with a 4% increase in revenue in 2019 compared to the declining trend. To read the article in full please see
https://www.corporatess.co.uk/blog/fast-food-transformational-change-goes-hi-tech
During the last 30 years I have been providing transformational change and supporting growth plans for a range of businesses from SME’s through to PLC’s.
