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