Tim Hortons Mission Statement

Decent Essays
Introduction
Tim Hortons is a restaurant chain in Canada and the U.S. The main products include coffee, cappuccinos, special teas, sandwiches, soups, baked goods and donuts. Tim Hortons has 4014 outlets, 99.6% of which are franchised (Tim, n.d.)(Company Website).
Shivani Anand, the general manager of Tim Hortons has been interviewed by Alwin Ancel as the part of his course assignment. The interview was conducted on 8th of March 2016 from 11am to 12pm at Tim Hortons office in Dollarton Hwy, North Vancouver, B.C. She is managing around 100+ employees of 7 busy stores of Tim Horton located in Vancouver and Lower Mainland area .
Vision and Mission
Tim Horton’s vision “Our vision is to be the quality leader in everything we do” Mission “Our guiding
…show more content…
While Tim Horton was a well-respected defenseman for the Toronto Maple Leafs, the NHL was not yet paying today's super pay rates. To protect a salary after his playing days finished, he opened a doughnut shop. In 1967, one of its restaurant operators, Ron Joyce became a partner. After Tim Horton's demise in 1974, Joyce turned into the sole proprietor by securing the majority of the shares in the organization for $1million. Joyce aggressively expanded the quantity of stores, opening the 500th in 1991 (CKA, 2004). In the mid-1990s, Tim Hortons built a partnership with Wendy's International (Wendys, n.d.). This relationship permitted the two organizations to grow real estate together. All the more, they agreed to open various stores combined Wendy’s and Tim Hortons restaurants under the same rooftop. Wendy’s mission is to deliver superior quality products and services for our customers and communities through leadership, innovation and partnerships (Kissinger, 2015). Tim Hortons was acquired by Wendy's in 1995. This made Joyce the biggest shareholder in Wendy's. In 2006, Tim Hortons was spun off as a different organization through an IPO on the NYSE, and is presently publically exchanged under the name Tim Hortons Inc. In 2009, Tim Hortons made an agreement with Cold Stone Creamery, Kahala Corp, to co-brand up-to 100 stores in the U.S. This undertaking was later effectively taken off (CKA,

Related Documents

  • Superior Essays

    Market Analysis Mission Statement: Our new team, the Seattle Supersonics will be using a similar mission statement that is relevant to several current NBA teams such as, the Chicago Bulls and the Memphis Grizzlies. The mission of the Seattle Supersonics is “To provide the city of Seattle with a sports entertainment organization that is dedicated to serving the community, the fanbase, employees, and the players.” Through this mission statement, the Supersonics will be able to show the city that they are incorporating all shareholders into the new venture. Vision Statement:…

    • 2391 Words
    • 10 Pages
    Superior Essays
  • Decent Essays

    Timmies Swot Analysis

    • 358 Words
    • 2 Pages

    ackround Timmies franchise originated in 1964 in Hamilton, Ontario. The company bears the name of Tim Horton a well known defence men for the Toronto Maple Leafs. After his death in 1974, Ron Joyce became a partner and rapidly expanded the number of stores opening the 500th in 1991.…

    • 358 Words
    • 2 Pages
    Decent Essays
  • Decent Essays

    SITUATION ANALYSIS Internal Factors In the past two decades, more and more food retailers have started growing and appearing across the city of Ottawa and across Canada. From prestigious retailers such as Loblaw’s to small local retailers such as the Rideau Bakery, the food retail industry offers plenty of options for consumers to choose from. This is the case for Capital Buns Bakery, a locally owned food business that offers wholesale, retail and catering. Established in 1988, Capital Buns Bakery has provided many locally restaurants and companies with traditional hot dog, hamburger buns and more over the years.…

    • 446 Words
    • 2 Pages
    Decent Essays
  • Superior Essays

    HIPAA Privacy Case Summary

    • 1514 Words
    • 7 Pages

    In 1985, the company had grown significantly managing to make sales of more than $1 billion. In 1988 the sales were $1.6 billion, and it had 750 stores. Then in 1996 the company became independent from Melville Corporation and became a public company trading on the NYSE. The company continued…

    • 1514 Words
    • 7 Pages
    Superior Essays
  • Improved Essays

    From an objective point of view, one would say that the Tim Horton’s Timbits Minor Sports Program is a very generous and beneficial program based purely on its statistics. My subjective point of view does not differ from this one bit. I think that Time Horton’s charitable actions have been so helpful to the youth of Canada. I like the fact that the program offers various sports in order to cater to the kids’ desires. The size of the program I find is an unbelievable number.…

    • 357 Words
    • 2 Pages
    Improved Essays
  • Great Essays

    Company Overview Carey John founded CJ’s Brewing Company in 1997. “CJ’s is all about brewing Michigan made beer, single-handedly and offering a variety of delicious beer-friendly dishes made with the freshest hops and ingredients” (CJ’s Brewery, 2015). Restaurants in the corporate organizations demand a specific hierarchy of positions in order to cater to all the emerging needs of the customer service business. The primary purpose of the case study is to present CJ’s Brewing Company’s business structure, leadership and management style, and how to increase productivity. Current Business Structure & Management CJ’s Brewing Company has many levels of management to maintain smooth business operations.…

    • 1355 Words
    • 6 Pages
    Great Essays
  • Decent Essays

    Target has grown to be the second-largest retail store in the United States. Target accredits its accomplishments to their commitments in giving outstanding values. Target purpose has been to fulfill the needs and fuel the potential of their customers. In implementing their mission, Target is eager to assist the customer with any needs throughout the store. Targets welcome any opportunity in supporting the community, diversity, and the environment by assisting with innovative programs, sponsorships or volunteer opportunities.…

    • 86 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Macy's Mission Statement

    • 786 Words
    • 4 Pages

    Madeline Cowart Research Term Paper December 6, 2016 Macy’s retailer has been around for many years and has changed the lives of many people. This popular retailer has a wide history to it, many people involved in its success, and a tremendous retail strategy. It’s mission statement makes it fly with success along with the goods and services it provides. Its image and popularity to the whole entire world is also a huge benefit to how large it has become and how widespread of a retailer it is.…

    • 786 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    There are some elements of my Canadian culture that I think will never go away, and one of the most prominent (aside from ice hockey and Terry Fox) is the chain of coffee shops throughout Canada known as Tim Hortons. Of course their flagship product is coffee, but they also serve a variety of deserts and quick soup/sandwich meals at competitive prices. Is Tim Hortons a “green” corporation? In many ways I think they want the public to think so, but in my opinion they have room for improvement.…

    • 486 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    The company I picked from the missionstatements website is the Interim Healthcare Inc. According to the company's website, http://www.missionstatements.com. it was founded in 1966 and it's the nation's oldest health care franchise company, is headquartered in Florida. The company mission statement stated as follows: our primary mission is "to improve people's lives" and that is what we do everyday. I shoose this company because I'm in the health care field and also how short and specific is thier mission statement.…

    • 405 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Tim Hortons Essay

    • 742 Words
    • 3 Pages

    Tim Hortons is the base religon of Canada. If you do not have a cup of Timmies in your hand at all times, you are a disgrace to your family. The average canadian will start their day off with an extra large double double and a ten pack of assorted Timbits. During the spring, all Canadians wake up from their hibernation to take part in the annual…

    • 742 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    Business Ethics & Corporate Social Responsibility Report: Bombardier Inc. Background Information: Bombardier is the world’s leading manufacturer of both planes and trains. It was founded in 1942 by Joseph-Armand Bombardier and it is focused in making mobility more efficient and sustainable. In 1947, during this time is when Bombardier goes into mass production. In 1969, Bombardier goes in public in the Toronto Stock Exchange. Throughout the years, there were many improvements and expansions that made Bombardier really well-known and by receiving awards.…

    • 1317 Words
    • 5 Pages
    Great Essays
  • Brilliant Essays

    Taco Bell Essay

    • 2330 Words
    • 10 Pages

    Brief History of Taco Bell In 1962, Glen Bell released his first Taco Bell restaurant in Downey, California and he focused on apprentices, voyaging business people and the soldierly. The menu comprised predominantly of tacos and burritos in addition to refreshments. After two years, the first Taco Bell establishment was sold. By 1978 Taco Bell had 868 restaurants which had some expertise in offering tacos, burritos and a couple of other nourishment things.…

    • 2330 Words
    • 10 Pages
    Brilliant Essays
  • Improved Essays

    Starbucks have approximately 13,000 are in the United States of America and 255 are in New York City. This predominant position empowers the Organization to attempt new thoughts constantly. One of these activities is the opening of the first Tazo tea store in Seattle 's College Town and the organization as of late has obtained Teavana Property, which will help a future extension of the tea store idea. Administration trusts it is a $40 billion business (www.Starbucks.com). Howard Schultz (Executive & President of Starbucks Corp.) was enlisted as the Administrator of Promoting and Retail Operations in 1982.…

    • 1474 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Takeda Pharmaceutical Company Limited Founded in 1781 , It's a company with a history of 236 years old, the founder of the Company is “Chobei Takeda” and Current president & CEO “Christopher Weber”. Takeda now operating in over 70 countries and regions Worldwide. In FY 2016 Japan region revenues estimated to be 655.3 billion yen, United stated region revenues estimated to be 520.2 billion yen, Europe and Canadian region revenues estimated to be 279.7 billion yen, Russia/CIS region revenues estimated to be 57.5 billion yen, Latin America region revenues estimated to be 72.5 billion yen, Asia region revenues estimated to be 112.8 billion yen, other regions revenues estimated to be 34 billion yen. However, the most regions the company make a profit…

    • 788 Words
    • 4 Pages
    Improved Essays