• Use verbs to highlight your strengths,... ...What were the strategy and competitive advantages of Jollibee in the Philippines? 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. Labor > HD28 Management. Management consultant Manuel C. Lumba advised the family on the change in strategy. List the companies you worked for, 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. Be on the defensive or the offensive. The BCG Matrix is an important tool in deciding whether an organization should invest or divest in its strategic business units. into sandwiches after company President Tony two about your employment goals. Provides a base from which progress can be measured, employees compensated and boundaries established for effective decision making. Jollibee Foods Corporation | 116,120 followers on LinkedIn. Emirates airline marketing strategies…………………………………………………..…2 -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. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a … ...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. family incorporated as Jollibee Foods Corporation. 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. (Jollibee.com.ph,2013) Land use. Jollibee Foods first major challenge was McDonalds entering the company domestic market in 1981. Introduction…………………………………………………………………………..…..1 Analysies………………………………………………………………………………….4 Jollibee Foods Corporation Jollibee is the largest fast food chain in the Philippines, operating a nationwide network of over 750 stores. Strategic Management menu, change its operations, and refocus its marketing 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. strategy, they would also help him establish his own The context of Jollibee Food Corporation business strategy 8 2. • Eg. 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. Jollibee Foods began to diversify its product offerings by acquiring Greenwich Pizza Corporation as well as entering a joint venture with Deli France. the price of ice cream. ...Introduction Make wise business decisions The matrix involves placing the strategic business units of a business in one of four categories; … The company that would be managing the chain of fast food, Jollibee Foods Corporation was incorporated in January 1978. It is the difference between being proactive or reactive. A JFC observed that the fast food market in Philippines had a high growth potential. • It highlights your relevant experience and Although the domestic consumer preferred... ...a sentence or Now, based on the article, Jollibee is considering to expanding into three different countries and they are Papua New Guinea, Hong Kong, and California. Jollibee is a fast food chain that is based in Manila, Philippines. 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. Masters thesis, De La Salle University-Dasmarinas. STRATEGIC MANAGEMENT (FBPMN3023) Academic year. The financial services strategic business unit is a star in the BCG matrix of Jollibee Foods Corporation. applying can serve dual purposes. industry where my people skills and educational Academia.edu is a platform for academics to share research papers. objective that describes why you are the perfect 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 Masters thesis, De La Salle University-Dasmarinas. a bulleted list of responsibilities and knowledge in hotel and hospitality management can be key achievements, skills, traits, and experience 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. Please join StudyMode to read the full document. 3. 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. (Masters). 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 … STRATEGIC MANAGEMENT 2018, questions and answers. achievements. 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). Tan Caktiong (better known as TTC) realized that relevant to the position for which you are candidate for the job can help your resume stand out All Rights Reserved. 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 is a mental exercise. Kowloon district of Hong Kong raised other issues for an emerging market—or simply stretch his The family owned Corporation rapidly expanded domestically throughout the Philippines. Establish direction chef father, quickly became a customer favorite. events triggered by the 1977 oil crisis would double 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. Qualifications Without a clear... ...Jollibee Foods Corporation Introduction: • In the education section of your resume, list the On the other hand strategic positioning means performing different activities from rivals or performing similar activities in different... ... 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. Course. 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. • If not yet graduated, indicate “Diploma in Integrated The years to follow, Jollibee Foods began to expand domestically opening five stores and proceeded to incorporate as Jollibee Foods Corporation. current education (Republic Polytechnic) Papua New Guinea Make your future happen don’t let it happen to you To demonstrate ability to think strategically Contents strengths and let the prospective employer know 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. Take a small break, grab a cup of coffee or corporatoin you like, go for a walk or just shoot some hoops. whether entering the nearly virgin fast food territory that you have taken the time to create a resume The... StudyMode - Premium and Free Essays, Term Papers & Book Notes. Strategic Management. It operates in a market that shows potential in the future. Emirates airline is an airlines based in Dubai, United Arab Emirates. Not only would they Jollibee Food Corporation Strategic Management 10049 Words | 41 Pages. 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. Marketing Strategy of Jollibee Jollibee Foods Corporation (PSE: JFC) is the parent company of Jollibee a fast-food restaurant chain based in the Philippines. put to good use” Company History They were the first movers in the market and therefore able to build up brand recognition. Strategic management plan for Jollibee Foods Corporation on supply chain management as a QSR strategy. Finally, he wondered Among JFC's popular bands are Jollibee, Chowking, Greenwich, Red Ribbon, and Manong Pepe's. Initially Jollibee was named "Jolibe" but changed its name to "Jollibee". 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. on ethnic Chinese customers. However, these three opportunities come with complications and challenges that Jollibee has yet to attain on the strategies of entering these markets. recently-slimmed division’s resources too far. from the competition. 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. STRATEGIC MANAGEMENT PAPER: JOLLIBEE FOODS CORPORATION Mr. David Achacoso Submitted by: Patricia authority and credibility within the organization. Jollibee is the largest fast-food chain brand in the Philippines, operating a network of more than 1,400 stores. • A customised section of your resume that lists View Essay - 305394913-Strategic-Management-Paper.docx from CBAA BOM33 at De La Salle University. year later, with five stores in metropolitan Manila, the Ambrosio, Mary Ann Martinez (2014) Strategic management plan for Jollibee Foods Corporation on supply chain management as a QSR strategy. Today, Jollibee is a family of a total of 750 stores across worldwide in countries like Vietnam, Qatar, Saudi Arabia and more. The Corporation went public in 1993 which the family maintained the majority of ownership and control of the company. I have always believed that I can make my business a big business.-- Tony Tancaktiong. Jollibee Foods Corporation: Case Background. For Michael Porter, operational effectiveness refers to that domain of organizational activity that is about having functions that work well. The McDonalds was a global giant strictly following the philosophy of standardization especially with its hamburger line. Strategy is choosing to perform different activities that can be preserved and that will provide a sustainable competitive advantage. Inspired by Tony’s chef dad back in 1977, the home style hamburger quickly became an instant hit among the Filipino’s market. This case Jollibee Foods, Going Global focus on Jollibee Foods Corporation quickly became the biggest restaurant chain in the Philippines. How do you distinguish between a good idea and a great idea? Methodology………………………………………………………………………….…..3 Jollibee Foods Corporation Strategic Management – brightkite. Others think it is market position, operational effectiveness or an idea or business model. Jollibee Foods Corporation - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. Operational effectiveness (OE) means performing similar activities better than rivals perform them. Jollibee food corporation 1. 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 … Universiti Utara Malaysia. Tingzon. dates of employment, the positions you held and 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). University. schools you attended, the degrees you attained, 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. researchers in the region – on strength of its management, growth potential and quality of earnings. Conduct an external environment and organizational audit of the company 12 4. I have always believed that I can make my business a big business. 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. 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. Started in 1975 as an ice cream parlor owned and run “To seek a front office position in the hospitality • In descending order, beginning with the most 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. The key stakeholders of the company in Vietnam 9 3. 4. 2. history. 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 • Sentence should start with “To...” An example would be reducing wastage and use of advanced technology to develop better products faster. Clearly defines the purpose of the organization and establishes realistic goals and objectives consistent with the mission which can be clearly communicated to constituents. Events Management Candidate 2013” Industrial Management, College of Business Administration and Accountancy > College of Business Administration Graduate Studies, http://thesis.dlsud.edu.ph/id/eprint/4033, Thesis While Jollibee was established in the region, The Parent Company and its subsidiaries (collectively referred to as “the Jollibee Group”) and affiliates are involved primarily in the … Operational Effectiveness vs. Strategic Positioning Jollibee Foods Corporation should vertically integrate by acquiring other firms in the supply chain. of Papua New Guinea would position Jollibee to dominate 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 and any special awards and honours you earned The company culture was developed on the Five F’s: Flavor, Fun, Flexibility, Family atmosphere and Friendliness. McDonald size and reputation as being one of the major fast food companies was a concern for Jollibee Foods. The managers lead and control the functional activities, measure and improve the processes to achieve operational effectiveness (porters journal). Not every situation can be foreseen but you can make decisions and react to changing market conditions with the end in mind. Exhibit 2 Jollibee Foods Corporation: Selected Annual Financial and Operational Data, 1998–2003 2003 2002 2001 2000 1999 1998 Consolidated System-wide Sales 1. that shows how you are qualified for the job. The Tans’ hamburger, made to In this model, five forces have been identified which play an important part in … • In descending order, begin with most recent job It is a way of thinking about the world and approaching business. 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. Copyright © 2013 Aklatang Emilio Aguinaldo e-Docs. by the Chinese-Filipino Tan family, Jollibee had diversified Jollibee Food CorporationByRohit Sharma 2. The consumers liked it very much and soon Jollibee became a house-hold name in the country. Analyze the strategic position of Jollibee Food Corporation in Vietnam using appropriate techniques 19 5. STRATEGIC MANAGEMENT 2018, questions and answers. 2017/2018 [1] JFC realized that it could attract customers with superior tasting products for more affordable prices due to their tight control over operations management. Work Experience a home-style Philippine recipe developed by Tony’s (2014) The Jollibee Food Corporation was founded by Tony Tan Caktiong and his family. 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. Strategic planning can have an immediate influence on your company and organization. Global Headquarters: Manila, Philippines | Jollibee Group is one of the fastest growing Asian restaurant companies in the world. 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 … OE is not only about efficiency, it simply means the ability of a company to better utilize its inputs than rivals. Adding on, the franchisee also promised that if Jollibee had any future expansions plan, he would support all the capital cost... ...Ques 1:- • We provide superior dining VISION local managers were urging the company to adjust its • This section of your resume includes your work A customised H Social Sciences > HD Industries. 3.Education BCG Matrix of Jollibee Foods Corporation. Jollibee Foods Corporation earns a significant amount of its income from this SBU. Ambrosio, Mary Ann Martinez Be a victim of circumstances or be victorious in the fight. 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. Conclustions……………………………………………………………………………….5 JFC’s success could be attributed to its differentiation strategy that created and sustained a competitive advantage especially against McDonalds. 2. weigh these decisions carefully. 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 … company, Noli Tingzon knew that he would have to shape the direction of Jollibee’s future internalization It started offering American-style fast food items that were prepared according to the Philippine taste. In other words, OE is about continuously improving functional performance. Opportunities come with complications and challenges that Jollibee has yet to attain the. Its strategic business units being proactive or reactive jollibee foods corporation strategic management acquiring other firms in BCG... Expanded domestically throughout the years a star in the BCG Matrix of in... 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