preview

Jamie Kennedy 's Case Analysis

Better Essays

Jamie Kennedy Case Study Analysis
Issue
Sustainability champion Jamie Kennedy, owner of Jamie Kennedy Kitchens (JKK), desires to widen his impact to society in a way that is purposeful and meaningful and that deeply aligns with his values. JKK is looking to reconcile it’s passions with an economically beneficial scaling strategy. Industry Conditions & Trends
Noted as the fastest growing trends by the National Restaurant Association in 2016, locally sourcing ingredients and environmental sustainability are ubiquitous notions within the restaurant industry today (see Exhibit 1). This rising threat of new entrants, coupled with low switching costs for consumers demands restaurants provide highly differentiated services that …show more content…

Collaborators
JKK fostered relationships with several organizations such as Stratford Chefs School, Anishnawbe Health Toronto, and St. Francis Table to help grow their impact. The market for collaboration on sustainability is full of possibilities, with companies will to help each other reach a common goal. Companies such as the Calgary based LEAF work to help restaurants become more environmentally efficient (SOURCE).

Consumers
JKK squarely aligns with a high yield market segment capitalizing on the Lifestyles of Health and Sustainability (LOHAS) focusing on environmental sustainability and consumers who value ‘green’ trends in business (SOURCE). With the number of eco-friendly restaurants continuously expanding, the bargaining power of the consumer is gaining strength. However, despite this growth in power, when considering products that are environmentally sustainable focused, 3 out of 4 consumers are willing to pay more (SOURCE). This allows JKK to choose organic sourcing alternatives, which may be more expensive but still maintain profitable margins. Brand Transparency and providing education about your service

Get Access