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