Preview

Jollibee

Good Essays
Open Document
Open Document
5268 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Jollibee
Jollibee report in Vietnam Table of contents

I. Executive summary 6
II. Introduction 7
III. Jollibee Foods Corporation in Vietnam report 8 1. The context of Jollibee Food Corporation business strategy 8 2. The key stakeholders of the company in Vietnam 9 3. Conduct an external environment and organizational audit of the company 12 4. Analyze the strategic position of Jollibee Food Corporation in Vietnam using appropriate techniques 19 5. To demonstrate ability to think strategically by explaining the possible and considerations for strategic analysis of the company in expanding operation in Vietnam 23 6. A strategic plan for JFC 26
IV. Conclusion 31
V. Reference 32

I. Executive summary Jollibee Food Corporation is the epitome of entrepreneurial success in the Philippines. What started as an ice cream parlor had spawned into a national brand that even the likes of McDonalds cannot top. At present, Jollibee has established a global presence with the opening of stores in countries such as the US, Hongkong, Guam, Brunei and Vietnam, just to name a few. With many strategies for investment from KFC, Lotteria, Jollibee, etc, fast food industry in Vietnam will be developed in the near futures. This report is about: 1a. Context of Jollibee Food Corporation business strategy with information relate mission, vision, objectives, goals, strategic intent, strategic architecture, strategic control and core competences of Jollibee. 1b. The key stakeholders of Jollibee in Vietnam List of all stakeholders includes suppliers, employees, customers, management and government. We analysis power and interest of each stakeholder base on stakeholder mapping. - Customers, Manager and shareholders have high power and high interest. - Competitors, employees, government have high power and low interest. - Suppliers have low power and high interest. - Bank has low power and low interest. 1c. Conducting an external environment and

You May Also Find These Documents Helpful

  • Good Essays

    Qantas' Stakeholders

    • 351 Words
    • 2 Pages

    Stakeholders are all groups and individuals who have an interest in the company being analysed. In order to focus on these groups which have the power to influence, corporate level activities have to be identified first. This can include large shareholders, governments and trade unions. The power and interest of those stakeholder groups have an impact on the process by which strategy develops at the corporate level and in each individual business. (Williamson et al, 2004, pg. 9)…

    • 351 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Jollibee Case

    • 2212 Words
    • 9 Pages

    Jollibee was able to build its dominant position in fast food in the Philippines for a number of reasons. The company had its roots in the food industry in the Philippines early on with the ice cream business, so the entry barrier into fast food was very low. It was a smooth transition from being ice cream only to fast food after the oil crisis in 1977. This transition was also aided by using a recipe that was developed in the Philippines and was appealing to the markets that were serviced by Jollibee’s. This would eventually be a contributing factor in the competitive advantage Jollibee held over McDonald’s in it’s the Philippins. Jollibee also built itself around the solid foundation of the “Five F’s”. Friendliness, flavorful food, fun atmosphere, flexibility and focus on families summed up Jollibee’s philosophy and allowed for Jollibee to become a recognizable brand throughout the Philippines. The operations and marketing strategies employed by the company can be credited with establishing a dominant position through the previously mentioned actions.…

    • 2212 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Jollibee Foods

    • 387 Words
    • 2 Pages

    Jollibee’s success in its home market developed as a result of its ability to better meet the needs of the Filipino customer. Although its success was mediated by the political and economic crises of 1983, Jollibee was still able to deliver a product that both cheaper and better tasting than that of McDonald’s.…

    • 387 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Jollibee

    • 326 Words
    • 2 Pages

    1. How was Jollibee able to build its dominant position in fast food in the Philippines? What sources of competitive advantage was it able to develop against McDonald's?…

    • 326 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    How was Jollibee able to build its dominant position in the fast food in the Philippines? What sources of competitive advantage was it able to develop against McDonald's in its home market?…

    • 735 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Jollibee 's success in its home market developed as a result of its ability to better meet the needs of the Filipino customer. Although its success was mediated by the political and economic crises of 1983, Jollibee was still able to deliver a product that was both cheaper and better tasting than that of McDonald 's. The ability of Jollibee to adopt its menu to local tastes, as well as the "5 Fs" of its operations management are two organizational capabilities that led the company to develop a competitive advantage over McDonald 's.…

    • 1590 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Jollibee Foods Corporation (JFC) is the most successful fast food chain in the Philippines. It started out as an ice cream parlor owned by the Tan family, headed by Tony Tan Caktiong (TTC) as President. Brought about by oil crisis which doubled the price of ice cream, JFC diversified into hamburgers in the year 1977. Jollibee’s philosophy is epitomized by “Five Fs” – Friendliness, Flavorful food, Fun atmosphere, Flexibility in serving customer needs, and Focus on families. Though it began as a family business, eventually, it went public in 1993. JFC expanded its business through acquisition of other food chains but Jollibee stores remained the bread and butter of the parent company, contributing 85% of total revenues. Jollibee had grown quickly having a total of 223 stores worldwide by the end of year 1997.…

    • 2969 Words
    • 10 Pages
    Good Essays
  • Satisfactory Essays

    Asdwq

    • 482 Words
    • 2 Pages

    Jollibee is the largest fast food chain in the Philippines, operating a nationwide network of over 750 stores. A dominant market leader in the Philippines, The company has also embarked on an aggressive international expansion plan in the USA, Vietnam, Hong Kong, Saudi Arabia, Qatar and Brunei.…

    • 482 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Jollibee Case

    • 3898 Words
    • 20 Pages

    This report will discuss our group’s analysis on Jollibee, a leading fast food company in…

    • 3898 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    Jollibee Foods

    • 1082 Words
    • 5 Pages

    On the basis of this understanding from 1 above, how was Jollibee able to build its dominant position in fast food in the Philippines? What sources of competitive advantage was it able to develop against McDonald’s in its home market?…

    • 1082 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    jollibee case study

    • 279 Words
    • 2 Pages

    The newly appointed head of International division Mr Manolo .P. Tingzon is pondering into three key opportunities that the firm Jollibee Food Corporation facing whether to enter the small PNG(Papua New Guinea) market where it will be a first mover, to expand into Hong Kong where is an existing base but the local people doesn’t like Jollibee’s Philippines-based fast food model, and a proposal to share the huge benefit in U.S. market by establishing an operation in California.…

    • 279 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    • 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. At the heart of its success is a family-oriented approach to personnel management, making Jollibee one of the most admired employers in the region with an Employer of the Year Award from the Personnel Management Association of the Philippines, Best Employer in the Philippines Award from Hewitt Associated and a Top 20 Employer in Asia citation from the Asian Wall Street Journal. Aside from promoting a family oriented work environment, the brand’s values also reflect on their advertising and marketing. Jollibee knows their target audience very well: the traditional family and all communication materials focus on the importance of family values, making Jollibee the number one family fast food chain in the Philippines…

    • 1188 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    hello

    • 2950 Words
    • 10 Pages

    Jollibee has already begun its overseas expansion in 1987 with a restaurant in Brunei, a small, oil-rich country with a relatively large Filipino migrant worker population. JFC moved on to enter other Asian and Middle East markets, such as Indonesia, Doha, Kuwait, Guam, Malaysia, and New Guinea. In 1987, barely 10 years in the business, Jollibee landed into the country’s Top 100 Corporations. It became the first Philippine fast food chain to break the P1 billion sales mark in 1989.…

    • 2950 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Globalization of Jollibee

    • 3876 Words
    • 16 Pages

    In 1975, Tony Tan Caktiong started an ice cream parlor which evolved to become the first of many Jollibee chains around the world. Caktiong with his wife Grace, at the suggestions of their patrons, diligently took a hands on approach to add variety and improve the taste in their menu (Martin, 2013). Eventually, Jollibee’s distinctly Filipino menu and customer/family friendly atmosphere made it extremely popular with the domestic market (Bartlett & Beamish, 2011, p. 34). Within a year of its transition into the fast food industry, Jollibee had already opened 5 stores in metropolitan Manila and successively incorporated as Jollibee Food Corporation (JFC).…

    • 3876 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    Jollibee Foods Corporation is the parent company of Jollibee, a fast-food restaurant chain based in the Philippines.…

    • 1064 Words
    • 5 Pages
    Powerful Essays

Related Topics