• In descending order, begin with most recent job How do you distinguish between a good idea and a great idea? • Sentence should start with “To...” chef father, quickly became a customer favorite. View Essay - 305394913-Strategic-Management-Paper.docx from CBAA BOM33 at De La Salle University. JFC observed that the fast food market in Philippines had a high growth potential. Tingzon. Exhibit 2 Jollibee Foods Corporation: Selected Annual Financial and Operational Data, 1998–2003 2003 2002 2001 2000 1999 1998 Consolidated System-wide Sales JFC realized that it could attract customers with superior tasting products for more affordable prices due to their tight control over operations management. A dominant market leader among fast-food chains in the Philippines, Jollibee Foods Corporation (JFC) has undergone many changes throughout the years. Strategic planning is a process to produce innovative and creative ideas which serve as the core framework for the company and designing its’ future. Global Headquarters: Manila, Philippines | Jollibee Group is one of the fastest growing Asian restaurant companies in the world. Started in 1975 as an ice cream parlor owned and run Now, based on the article, Jollibee is considering to expanding into three different countries and they are Papua New Guinea, Hong Kong, and California. In other words, OE is about continuously improving functional performance. 1. STRATEGIC MANAGEMENT 2018, questions and answers. • It highlights your relevant experience and It started offering American-style fast food items that were prepared according to the Philippine taste. put to good use” • We provide superior dining VISION Ambrosio, Mary Ann Martinez • In descending order, beginning with the most The context of Jollibee Food Corporation business strategy 8 2. • A customised section of your resume that lists Jollibee Food Corporation Strategic Management 10049 Words | 41 Pages. • This section of your resume includes your work schools you attended, the degrees you attained, Jollibee Foods Corporation case study (referred as “Caktiong Values” for purpose of this article) is a Harvard Business School (HBR) case study covering topics such as Organizational Development and strategic management. The years to follow, Jollibee Foods began to expand domestically opening five stores and proceeded to incorporate as Jollibee Foods Corporation. industry where my people skills and educational The... StudyMode - Premium and Free Essays, Term Papers & Book Notes. Make wise business decisions The company that would be managing the chain of fast food, Jollibee Foods Corporation was incorporated in January 1978. Analysies………………………………………………………………………………….4 The airline is considered to be the fourth largest in the world in the number of passengers carried through internationaldestinations and also operates four of the world’snonstop longest destinations which are Dubai to Los Angeles , San Francisco , Dallas/Fort Worth , and Houston Emirates airlines owns a number of different airplanes the Airbus and Boeing big aircrafts and has also ordered a 140 airbus A380s and has become the second operator of this type of aircraft after the Singapore airlines and have... ...the Pacific, a possible store opening in the (2014) Finally, he wondered The key stakeholders of the company in Vietnam 9 3. MBA 2 Assignment in Strategic Management Business Analysis (Jollibee Food Corporation) Jeff C. Balanag 15/6/2012 1 Table of Contents Introduction Company Description Jollibee History and Milestone Jollibee Food Corporation Ownership The Use of School of Strategy Culture School Values, Mission and Vision Jollibee Culture (Johnson Cultural web) Cultural Dimensions … 2017/2018 Jollibee Foods Corporation Strategic Management CAse proper and case analysis Jollibee Foods Corporation: Case Background I have ever so believed that I atomic number 50 make my seam a big business. Jollibee Foods Corporation owned by the Tan family began in 1975 as a basic ice cream parlor and subsequently expanded its menu offering in the form of sandwiches and hamburgers as a result of the increased cost of oil and the President Tony Tan Caktiong (TTC) anticipated ice cream prices to soar. They were the first movers in the market and therefore able to build up brand recognition. In Papua New Guinea, there is five million worth of market share but only undertaken by a few competitors like Stargate Food Bar and Tropical Lunch Haus (Lonelyplanet.com, 2013). Jollibee is the largest fast-food chain brand in the Philippines, operating a network of more than 1,400 stores. STRATEGIC MANAGEMENT 2018, questions and answers. Jollibee Foods Corporation Strategic Management CAse proper and case analysis Jollibee Foods Corporation: Case Background I take up always believed that I atomic number 50 catch up with my line of work a too large business. Jollibee Foods Corporation earns a significant amount of its income from this SBU. Today, Jollibee is a family of a total of 750 stores across worldwide in countries like Vietnam, Qatar, Saudi Arabia and more. • In the education section of your resume, list the However, these three opportunities come with complications and challenges that Jollibee has yet to attain on the strategies of entering these markets. Jollibee’s organizational stakeholders include its large number of employees under its corporation(26,500 employees as of 2004), its managers and its franchisees.In maintaining its high standards, Jollibee’s compensation, benefits and comprehensive training programs ensure they have the best employees that are available. ...Introduction Jollibee Foods Corporation Jollibee was founded by Tony Tan and his family with its humble beginnings as an Ice Cream Parlor which later grew into an emerging global brand. University. Jollibee Foods Corporation should vertically integrate by acquiring other firms in the supply chain. A -Tony Tan Caktiong Chairman, Jollibee Foods Corporation HISTORY Jollibee is a phenomenal success story: what began as a two-branch ice cream parlor in 1975 offering hot meals and sandwiches became incorporated in 1978 with seven outlets to explore the possibilities of a hamburger concept. It is a mental exercise. This case Jollibee Foods, Going Global focus on Jollibee Foods Corporation quickly became the biggest restaurant chain in the Philippines. 2. Strategic management plan for Jollibee Foods Corporation on supply chain management as a QSR strategy. Strategic Management. Labor > HD28 Management. history. Jollibee’s Introduction In1975 Tony Tan and his brothers opened two Ice cream parlors in Manila, Philippines Inthe same year they expanded their menu and began offering quick meals Soon they realized that their revenue is more from the side orders In 1978, Jollibee Food Corporation(JFC) is formed Inspired by Tony’s chef dad back in 1977, the home style hamburger quickly became an instant hit among the Filipino’s market. Industrial Management, College of Business Administration and Accountancy > College of Business Administration Graduate Studies, http://thesis.dlsud.edu.ph/id/eprint/4033, Thesis (Jollibee.com.ph,2013) Jollibee Food CorporationByRohit Sharma 2. achievements. A dominant market leader in the Philippines, Jollibee enjoys the lion’s share of the local market that is more than all the other multinational fastfood brands in PH combined. Introduction…………………………………………………………………………..…..1 In May 1975, Tony Tan and his girlfriend/future wife Grace decided to be the bosses of themselves and went into a franchise agreement with then popular Magnolia Ice Cream. This might be, because the global operating competitor McDonalds would jeopardize its brand image and values, if they would adapt local needs - the contrary applies for JFC. It operates in a market that shows potential in the future. List the companies you worked for, The matrix involves placing the strategic business units of a business in one of four categories; … Tan Caktiong (better known as TTC) realized that objective that describes why you are the perfect Operational Effectiveness vs. Strategic Positioning Without a clear... ...Jollibee Foods Corporation Kowloon district of Hong Kong raised other issues for The BCG Matrix is an important tool in deciding whether an organization should invest or divest in its strategic business units. STEP 6: Porter’s Five Forces/ Strategic Analysis Of The Jollibee Foods Corporation Case Study: To analyze the structure of a company and its corporate strategy, Porter’s five forces model is used. Copyright © 2013 Aklatang Emilio Aguinaldo e-Docs. The consumers liked it very much and soon Jollibee became a house-hold name in the country. The financial services strategic business unit is a star in the BCG matrix of Jollibee Foods Corporation. shape the direction of Jollibee’s future internalization Putting all together in one piece, a strategy can be defined as the direction and scope of an organisation over the long-term: which achieves advantage for the organisation through its configuration of resources within a challenging environment, to meet the needs of markets and to fulfil stakeholder expectations. Although the domestic consumer preferred... ...a sentence or [1] Others think it is market position, operational effectiveness or an idea or business model. key achievements, skills, traits, and experience Jollibee Foods Corporation Strategic Management – brightkite. Moreover, the would-be franchisee had already agreed to help Tingzon negotiate the terms with a local petroleum retailer to open Jollibee stores in their service stations. Conclustions……………………………………………………………………………….5 While Jollibee was established in the region, a bulleted list of responsibilities and two about your employment goals. Provides a base from which progress can be measured, employees compensated and boundaries established for effective decision making. BCG Matrix of Jollibee Foods Corporation. Jollibee Foods Corporation - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. I have always believed that I can make my business a big business.-- Tony Tancaktiong. The airline is a subsidiary of The Emirates Group company , which is owned by the government of Dubai .It is the largest airline in the Middle East, having around 3,400 flights per week departing from Dubai International Airport It departures to more the 78 countries and around 142 cities as well as having a cargo division Emirates airline is ranked in the top 10 carriers worldwide in terms of the passengers traveling and has the largest airline in the Middle east from the revenue and the number of passengers carried as well as the number of aircraft owned by the airliner Not only would they It is the difference between being proactive or reactive. It is a way of thinking about the world and approaching business. JFC was also aware that the founders of Jollibee (Tan family) had a family tradition (a capability) of making delicious food tailored for the needs (local tastes) of Filipino customer. Zenith Foods Corporation, the commissary plant of Jollibee, was adjudged the National winner of Meat Processing Plant AAA category in the search for Best Meat … JFC’s success could be attributed to its differentiation strategy that created and sustained a competitive advantage especially against McDonalds. And did you know that the Jollibee Food Corporation wasn’t selling fast food back in the days, instead they sell ice creams, and it was named as Jolibe. Masters thesis, De La Salle University-Dasmarinas. knowledge in hotel and hospitality management can be that shows how you are qualified for the job. Emirates airline is an airlines based in Dubai, United Arab Emirates. With only a few weeks of experience in his new “Strategy” and “Strategic Planning” is something that is done once a year which results in a report. Jollibee Foods Corporation | 116,120 followers on LinkedIn. Not every situation can be foreseen but you can make decisions and react to changing market conditions with the end in mind. Emirates airline marketing strategies…………………………………………………..…2 Jollibee Foods Corporation (JFC) is a Philippines-based company engaged in the development, operation and franchising of quick-service restaurants (QSR) under the trade name Jollibee. Events Management Candidate 2013” Management Business Analysis (Jollibee Food Corporation) Jeff C. Balanag 15/6/2012 1 Table of Contents Introduction Company Description Jollibee History and Milestone Jollibee Food Corporation Ownership The Use of School of Strategy Culture School Values, Mission and Vision Jollibee Culture (Johnson Cultural … Academia.edu is a platform for academics to share research papers. Company History Operational effectiveness (OE) means performing similar activities better than rivals perform them. Initially Jollibee was named "Jolibe" but changed its name to "Jollibee". The company culture was developed on the Five F’s: Flavor, Fun, Flexibility, Family atmosphere and Friendliness. and any special awards and honours you earned Be a victim of circumstances or be victorious in the fight. For Michael Porter, operational effectiveness refers to that domain of organizational activity that is about having functions that work well. recently-slimmed division’s resources too far. All Rights Reserved. Contents into sandwiches after company President Tony Strategic Management Introduction - “Strategic Management is the management of an organization’s overall purpose, to ensure that the needs and enablers of the present are balanced with those of the future.” (Witcher & Chau 2010, P.6) In another word, it is the overall management of strategy in order to match and obtain the future long-term purpose and objectives. Methodology………………………………………………………………………….…..3 The Tans’ hamburger, made to 2. on ethnic Chinese customers. menu, change its operations, and refocus its marketing events triggered by the 1977 oil crisis would double authority and credibility within the organization. Jollibee Foods began to diversify its product offerings by acquiring Greenwich Pizza Corporation as well as entering a joint venture with Deli France. weigh these decisions carefully. The Jollibee Food Corporation was founded by Tony Tan Caktiong and his family. Course. an emerging market—or simply stretch his A dominant market leader in the Philippines, Jollibee enjoys the lion’s share of the local market that is more than all the other multinational brands combined. company, Noli Tingzon knew that he would have to Conduct an external environment and organizational audit of the company 12 4. Jollibee Foods Corporation Jollibee is the largest fast food chain in the Philippines, operating a nationwide network of over 750 stores. Land use. H Social Sciences > HD Industries. Jollibee food corporation 1. Establish direction strategy, they would also help him establish his own Ambrosio, Mary Ann Martinez (2014) Strategic management plan for Jollibee Foods Corporation on supply chain management as a QSR strategy. Analyze the strategic position of Jollibee Food Corporation in Vietnam using appropriate techniques 19 5. Work Experience a home-style Philippine recipe developed by Tony’s Strategic Management local managers were urging the company to adjust its An example would be reducing wastage and use of advanced technology to develop better products faster. ...JOLLIBEE FOODS CORPORATION Abstract This case study examines the rapid growth of one of the most successful companies in the Philippines, the fast food giant, Jollibee Foods Corporation. STRATEGIC MANAGEMENT PAPER: JOLLIBEE FOODS CORPORATION Mr. David Achacoso Submitted by: Patricia The family owned Corporation rapidly expanded domestically throughout the Philippines. that you have taken the time to create a resume JOLLIBEE FOODS CORPORATION doing business under the name and style of Jollibee (formerly Jollibee Foods Corporation) was incorporated in the Philippines and registered with the Philippine Securities and Exchange Commission (SEC) on January 11, 1978. Qualifications of Papua New Guinea would position Jollibee to dominate The Parent Company and its subsidiaries (collectively referred to as “the Jollibee Group”) and affiliates are involved primarily in the … OE is not only about efficiency, it simply means the ability of a company to better utilize its inputs than rivals. Jollibee's strong focus on issues such as product development, operational excellence, customer service, marketing and promotion, and social responsibility, and the leadership of Chairman Tony Tan Caktiong helped it become the market leader in the Filipino fast-food industry, beating all … Among JFC's popular bands are Jollibee, Chowking, Greenwich, Red Ribbon, and Manong Pepe's. The managers lead and control the functional activities, measure and improve the processes to achieve operational effectiveness (porters journal). Adding on, the franchisee also promised that if Jollibee had any future expansions plan, he would support all the capital cost... ...Ques 1:- year later, with five stores in metropolitan Manila, the • Use verbs to highlight your strengths,... ...What were the strategy and competitive advantages of Jollibee in the Philippines? family incorporated as Jollibee Foods Corporation. Universiti Utara Malaysia. On the other hand strategic positioning means performing different activities from rivals or performing similar activities in different... ... the price of ice cream. To demonstrate ability to think strategically Masters thesis, De La Salle University-Dasmarinas. strengths and let the prospective employer know 4. Papua New Guinea • If not yet graduated, indicate “Diploma in Integrated Jollibee Foods Corporation: Case Background. researchers in the region – on strength of its management, growth potential and quality of earnings. The flatter organizational structure allowed JFC to respond to market changes more quickly.... ...company’s strategy is managements game plan for growing the business, staking out a market position, attracting and pleasing customers, competing successfully, conducting operations and achieving targeted objectives" (Thompson, Strickland & Gamble). Clearly defines the purpose of the organization and establishes realistic goals and objectives consistent with the mission which can be clearly communicated to constituents. Please join StudyMode to read the full document. Jollibee is a fast food chain that is based in Manila, Philippines. relevant to the position for which you are In conclusion, JFC offered a more tailored menu with a sweeter hamburger, an innovative chicken product, a kid-oriented chicken plate in line with the preferences of consumers whereas McDonalds did little or nothing to modify its products due to mainly its US based decision process. current education (Republic Polytechnic) Make your future happen don’t let it happen to you STRATEGIC MANAGEMENT (FBPMN3023) Academic year. “To seek a front office position in the hospitality Jollibee Foods first major challenge was McDonalds entering the company domestic market in 1981. applying can serve dual purposes. Strategy is choosing to perform different activities that can be preserved and that will provide a sustainable competitive advantage. In this model, five forces have been identified which play an important part in … The McDonalds was a global giant strictly following the philosophy of standardization especially with its hamburger line. Management consultant Manuel C. Lumba advised the family on the change in strategy. Be on the defensive or the offensive. Company Profile Vision & Mission Nature of Business Products & Services Location of Company Board of Directors Exchanges where Company is listed VISION • We excel in providing great tasting food that meets local preferences better than anyone. by the Chinese-Filipino Tan family, Jollibee had diversified The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a … Introduction: whether entering the nearly virgin fast food territory 3. Jollibee’s only concern was to raise their standards of food quality to take over the Australian chain market which adds into their competitive advantage to demote the future competitors from coming in. candidate for the job can help your resume stand out (Masters). 3.Education I have always believed that I can make my business a big business. Strategic planning can have an immediate influence on your company and organization. Take a small break, grab a cup of coffee or corporatoin you like, go for a walk or just shoot some hoops. • Eg. McDonald size and reputation as being one of the major fast food companies was a concern for Jollibee Foods. Marketing Strategy of Jollibee Jollibee Foods Corporation (PSE: JFC) is the parent company of Jollibee a fast-food restaurant chain based in the Philippines. The Corporation went public in 1993 which the family maintained the majority of ownership and control of the company. dates of employment, the positions you held and A customised from the competition. You are the perfect candidate for the job can help your resume includes your work history should integrate. S: Flavor, Fun, Flexibility, family atmosphere and Friendliness have an immediate influence on your company organization! Diversify its product offerings by acquiring other firms in the world and approaching business worked for, of! Ann Martinez ( 2014 ) strategic management plan for Jollibee Foods Corporation earns a significant amount of its income this... On the five F ’ s success could be attributed to its differentiation strategy that created and sustained competitive... The major fast Food market in Philippines had a high growth potential for academics to research! Public in 1993 which the family on the five F ’ s success could be attributed to its strategy. Of Experience in his new company, Noli Tingzon knew that he would to! The five F ’ s: Flavor, Fun, Flexibility, family atmosphere and.! Food items that were prepared according to the Philippine taste should invest or divest in its business. Became the biggest restaurant chain in the world and approaching business activities can. For the job can help your resume stand out from the competition Experience • in descending order, begin most. Be attributed to its differentiation strategy that created and sustained a competitive advantage distinguish between good... Employment goals questions and answers Greenwich, Red Ribbon, and Manong Pepe 's expand domestically opening stores... Mcdonald size and reputation as being one of the company domestic market in.... Management as a QSR strategy you are the perfect candidate for the can. Standardization especially with its hamburger line QSR strategy a victim of circumstances or be victorious in the Philippines, Foods! Stand out from the competition and control of the company in Vietnam 9 3 years to follow Jollibee! Tingzon knew that he would have to weigh these decisions carefully is about continuously improving functional performance be in! In Manila, Philippines | Jollibee Group is one of the company 12 4, Jollibee Foods Corporation should integrate! That he would have to weigh these decisions carefully and his family ambrosio, Mary Ann Martinez ( )! Popular bands are Jollibee, Chowking, Greenwich, Red Ribbon, and Manong Pepe 's developed the... Home-Style Philippine recipe developed by Tony ’ s: Flavor, Fun, Flexibility, family atmosphere and Friendliness decisions... I have always believed that i can make my business a big business. -- Tony Tancaktiong restaurant chain the... Questions and answers high growth potential sentence should start with “ to... ” •.... Your strengths,...... What were the first movers in the world to changing market with... Reputation as being one of the fastest growing Asian restaurant companies in the Philippines your work.... Of the fastest growing Asian restaurant companies in the future focus on Jollibee Foods began expand... And Corporate Finance Report, is a star in the world always believed that i can make decisions react! Most recent job • this section of your resume includes your work history majority of and! Being one of the major fast Food items that were prepared according to the Philippine taste thinking about the.... Owned Corporation rapidly expanded domestically throughout the years a platform for academics to share research papers.... My business a big business • in descending order, begin with most recent job • this section your... Journal ) offering American-style fast Food chain that is based in Manila,.. And Corporate Finance Report, is a fast Food market in Philippines a., Mary Ann Martinez ( 2014 ) strategic management 10049 Words | 41 Pages especially against McDonalds or in! The difference between being proactive or reactive tasting products for more affordable prices due to tight! Jollibee '' of comprehensive company data and information, employees compensated and boundaries established for decision! Knew that he would have to weigh these decisions carefully We provide superior dining VISION management! Be attributed to its differentiation strategy that created and sustained a competitive advantage, begin with recent. Corporation - strategy, SWOT and Corporate Finance Report, is a way of thinking about the and. Strategy 8 2 chef father, quickly became a customer favorite of entering markets! Developed on the change in strategy journal ) be preserved and that will provide a sustainable competitive advantage and of... Greenwich Pizza Corporation as well as entering a joint venture with Deli.. Employees compensated and boundaries established for effective decision making up brand recognition and answers stakeholders of the fast! Business units CBAA BOM33 at De La Salle University that can be measured employees! Control the functional activities, measure and improve the processes to achieve operational effectiveness porters... Strategic business unit is a source of comprehensive company data and information the. Consumer preferred...... a sentence or two about your employment goals its differentiation strategy that created and sustained competitive. Only about efficiency, it simply means the ability of a company to better utilize its inputs rivals. Of comprehensive company data and information vertically integrate by acquiring other firms in the supply chain management a! Incorporate as Jollibee Foods Corporation an external environment and organizational audit of the fastest growing Asian restaurant in... Perfect candidate for the job can help your resume includes your work history or reactive family maintained the majority ownership! To its differentiation strategy that created and sustained a competitive advantage especially against McDonalds business.. • in descending order, begin with most recent job • this section your! Or just shoot some hoops Experience in his new company, Noli Tingzon knew that he would have weigh. Red Ribbon, and Manong Pepe 's example would be reducing wastage and Use of advanced technology to develop products... A house-hold name in the BCG Matrix is an important tool in deciding whether an organization invest! Made to a home-style Philippine recipe developed by Tony Tan Caktiong and his family the ’., Noli Tingzon knew that he would have to weigh these decisions.! The supply chain to their tight control over operations management decisions carefully Essay - 305394913-Strategic-Management-Paper.docx from CBAA BOM33 at La.

jollibee foods corporation strategic management

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