Chick-Fil-A Essay

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other fast food competitors such as KFC or McDonalds. Weakness Many of Chick-Fil-A’s weakness revolve around the need for tight control over every aspect of the organization. This has significantly limited the company’s growth in both the US and internationally. The company’s competitors such as KFC have already begun to saturate international markets. To date KFC has approximately 4828 locations in China alone. In addition the limited locations in the US prevent the company from competing with competitors such as McDonalds or Burger King. The company further limits itself by not going public. This limits access to potential funds that could be available if the company was traded on the stock market. Lastly the company’s reliance on family management can pose a significant threat in the future. By limiting upper management to family members, the company could be limiting its talent pool unnecessarily and risking unnecessary uncertainty with succession planning. Lack of a reliable succession plan and over reliance upon limiting company control to select family members and descendants of founder is risky. Currently CFA has beaten the odds with the passing of leadership to each generation. However,…show more content…
The problem with having family members as the key executives is twofold. The first problem is that this inherently limits the talent pool at the highest levels of the firm. While family members are strong proponents of the existing culture, they are also myopic sometimes in their ideas. The second reason is that if good managers know that they have no hope of succeeding, they will go to another firm. There are dozens of quality firms in the quick service industry. For Chick-Fil-A to attract top managerial talent, the company will need to show managers that they can succeed in the company without being
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