4 ms·
The goal here is to share your creativity. That, I find, interesting and perhaps others do find it too. McDonald's is an example I chose, because I once worked
by carnagestorm 4y ago
The goal here is to share your creativity. That, I find, interesting and perhaps others do find it too.
McDonald's is an example I chose, because I once worked there.
I mainly suggested 3D printing, avoid negative balance sheet, AI, vertical/indoor farming, cut bloat, cut advertising (akin to Primark, Ferrari) & invest in R&D. If enough cash, then, diversify product line & generate another source of income (akin to Pepsi or Apple).
So, the company can also be Amazon.
For example, fraudulent listings on Amazon (thus less customer satisfaction).
Have a scam report button and impose quality control on listings.
- Tabular-Iceberg 4y agoHow do you know that any of these things would actually benefit either McDonalds or Amazon shareholders? Remember that as CEO you have fiduciary duties, you can’t just do what you feel like. It seems to me that McDonalds has a pretty solid market fit already, I’m not sure that it would be wise to go on an upmarket wild goose chase. For an exercise like this it would be more interesting to hear what steps you would take as a CEO to discover what you need to do. Going in with nothing but preconceived notions is a recipe for disaster.