Aramark Analysis free essay sample

ARA was infused with new capital and expansion occurred in the following year. The annual revenues exceeded $37 million. †¢ ARA became a diversified service provider after combining with the country’s largest manual food service business-Slater System Inc. †¢ In 1968, ARA entered the leisure services market and was selected as the food provider to the Summer Olympic Games in Mexico City. On account of that, the company officially changed its name to ARA Services. †¢ During 1976 to 1980, the company entered the work uniform rental business, career apparel industry and childcare arena. In order to prevent any hostile takeover bids, in 1984, a group of executives decided to coordinate a management buyout that allowed managers to maintain control of their own destinies. †¢ In the late 1980s and early 1990s, companies emphasized on â€Å"partnering† and consequently ARAMARK was formed in 1994. With the rise of the â€Å"Unlimited Partnership† pheno mena, ARAMARK would do whatever it could to satisfy clients and help them succeed in their core businesses. We will write a custom essay sample on Aramark Analysis or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page †¢ In 2001, ARAMARK obtained ServiceMaster Management Services which successfully drove the company toward further trategic moves by increasing the main competencies in food service and uniform and career apparel. †¢ At the end of 2001, ARAMARK as a private company, returned to the stock exchange and continued expanding into international markets at the same time. †¢ Today, partnerships remain the main philosophy of ARAMARK business model which endeavors to create and maintain the value of clients and constantly seeks new ways to invest in its employees. (Aramark 2012) 3. Anchor Points ? 1984: a management buyout fended off a hostile takeover bid. 1976: Created a new business †line† by entering uniform rental and career apparel industry to distinguish their brand from competition and to increase employee morale. ? 1980: Acquired â€Å"National Child Care Centers† and started entering child care arena. This product life cycle ended in 2003 when they sold this division to concentrate on the core business. ? 1995-1999: Developed their facilities and career apparel business and by 1999 business was up by 6. 7 billion. ? 2001: Was the most significant acquisition (Service Master Management Services) and this allowed to expand facility service capabilities enormously. 2006: investors including CEO acquired all outstanding shares and took the company private. ? (Aramark 2012) ? 2006: Acquired Seamless Web an internet company that allows users to order online from local restaurants (Food Management 2006). ? 2011: Bought Van Houtte USA from Green Mountain Coffee (Coffee Business) (Business Wire 2011). ? Recently: Shift to healthier food products, less salt, gluten free etc. This shift is only at the beginning phase. 4. The Cultural Web Organizational Structure of Headquarters, United States a) The President of ARAMARK. In charge of Mexico and North American regions’ Facility Service, Logistic Service and Remote Workplace Service. Furthermore, he/she is also responsible for business operational procedures, customer satisfaction and continuous improvement in each department. b) Vice President of Integrated Client Solutions (ICS) for Facilities Service. In order to gain predictable and sustainable results, he/she is responsible for generating and delivering customer-focused solutions, procedures of design, problem solving and commitment to continuous improvement. c) The Vice President of Human Resources.