Ruth’s Chris Steakhouse Case

Step 1: Problem Identification

Clearly and accurately identify the key decisions, problems, and strategic issues facing the company or manager in question. Ask yourself the following questions:

Order custom essay Ruth’s Chris Steakhouse Case with free plagiarism report

450+ experts on 30 subjects Starting from 3 hours delivery

Get Essay Help
1. What appears to be the problem(s) here?
2. How do I know that this is a problem? You must differentiate between the symptoms of the problem and the problem itself. The problem statement may be framed as a question. For example, what should Mr. Smith do? How can Mr. Smith improve the company’s market share?

Step 2: Case Analysis

Describe the facts and the impact they have on the problem. Conduct a formal SWOT analysis.

• What are the company's strengths and weaknesses?
• What are the constraints and opportunities implicit to this situation?
• What are the internal and external challenges facing the company?

Step 3: Generation of Alternatives

How can the problem be resolved? Clearly delineate a good range of alternative courses of actions (at least three) that the company or manager in question may consider. The alternatives must be realistic. Doing nothing can be a viable alternative, provided it is being recommended for the correct reasons.

Step 4: Evaluation of Alternatives

Evaluate the alternatives against key decision criteria. You may want to establish a simple table to assess your alternatives against your selected criteria. Another method that can be used is to determine the advantages and disadvantages of each alternative, and then discuss the short and long term implications of each.

Step 5: Recommendations

Make a clear and compelling case as to what the company should do and why, with clear analysis.

Don't let plagiarism ruin your grade

Run a free check or have your essay done for you

Check my essay Hire Writer