Understanding Business Processes, 50-66. Strategic plan for Jollibee Food Corporation In this part, we suggest a new strategy for Jollibee. Realised to create Internation Division (ID); they tried to differentiate it is not to look simple and fundamental and to look more general. Sa mga laging gising na tulad mo, laging gising ang Jollibee. Process Strategy Used. A proper implementation framework shows that one has clearly understood the case study and the main issue within it. The context of Jollibee Food Corporation business strategy 8 2. Jollibee ,which was a Filipino chain of restaurants, was forced to change their strategy with the entry of McDonalds in Philippines, which later transformed the company into a global company . BUS488: Strategy Assignment 2 – Individual Assignment 1 July 2011 Presentation PREPARED BY Question 1 Analyzing Jollibee’s internal environment requires evaluating the firm’s portfolio of resources and capabilities. Boston: Irwin McGrawHill. This issue may be analysed for a manager or employee as well. Once various tools have been used to analyse the case, the findings of this analysis need to be incorporated into practical and actionable solutions. ... International Operations; Course categories: Search courses Go. Jollibee Foods Corporation - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. 2). Hussain, S., Khattak, J., Rizwan, A., & Latif, M. A. It includes the threat of substitute products. Academia.edu is a platform for academics to share research papers. Therefore, the implementation framework ensures that the solution to the Jollibee Foods Corporation Harvard case is complete and properly answered. Mason, OH: South-Western, Cengage Learning. This analysis can be proceeded in a step-by-step procedure to ensure that effective solutions are found. One does not need to remain restricted to using the traditional SWOT analysis, but the advanced TOWS matrix or weighted average SWOT analysis can also be used. 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. The timeline also helps in understanding the continuous challenges that are being faced by the organisation. This tool is used in the case study analysis as follows: Recognizing value creating activities and enhancing the value that they create allow Jollibee Foods Corporation to increase its competitive advantage. In the first step, a growth path of the company can be formulated that lays down its vision, mission and strategic aims. The PESTEL analysis particularly looks at the macro environmental factors that affect the industry. A Well-Loved Brand. Arranging events in a timeline allows one to predict the next few events that are likely to take place. The BCG Matrix is an important tool in deciding whether an organization should invest or divest in its strategic business units. The next step is of understanding the company; its people, their priorities and the overall culture. Home. Jollibee and McDonald’s have been the leading fast food services in the world. Learn how to effectively navigate the market research process to help guide your organization on the journey to success. Under the VRIO analysis, the following steps are carried out: The analysis done on the 4 dimensions; Value, Rareness, Imitability, and Organization. Additionally, it engaged in manufacturing and property leasing activities in support of the QSR systems. It also provides services including food delivery, event celebration, and food stores services. Jollibee depends on high customer traffic and tight operations mangement. It offers great service to the high volumes of people who patronize its outlets by functioning as a well-oiled machine with close tabs on daily operations. Principles of marketing. Realised to create Internation Division (ID); they tried to differentiate it is not to look simple and fundamental and to look more general. A blue ocean strategy is a strategy that involves firms seeking uncontested market spaces, which makes the competition of the company irrelevant. The Jollibee Foods Corporation case consisted of a central issue to the organization, which had to be identified, analysed and creative solutions had to be drawn to tackle the issue. The Jollibee Food Corporation hire suitable candidates to lead its operations and strategy planning. I have always believed that I can make my business a big business.-- Tony Tancaktiong. It can include recommendations on how the organisation can work towards achieving these strategic objectives. In order to align the goals of the various geographic divisions, Jollibee should seek to create two strategic business units (SBU) under the company brand: International and Domestic. IIBMS. The steps to be followed in this analysis is as follows: The strategies identified from the Jollibee Foods Corporation BCG matrix and included in the case pdf. The decentralization of its operations in 2000 enables the organization to manage their business on a manageable scale. The company has worldwide reputation as fast-food provider from Philippines. EXECUTIVE SUMMARY Jollibee was able to attain a competitive advantage over McDonald 's by doing two things: (1) Retaining tight control over operations management, which allowed it to price below its competitor and (2) Having the flexibility to cater to the tastes of its local consumers. Free Management E-Books. Jollibee Foods Corp - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. Management Decision, 50(8), 1396-1411. The third step is not compulsory but depends from case to case. Retrieved from https://poetsandquants.com/2015/09/29/how-they-teach-the-case-method-at-harvard-business-school/. It helps decide whether an organization should pursue future expansion in new markets and products or should it focus on existing markets and products. Each resource is assessed in terms of how rare it is. What's swot in strategic analysis? If a resource is high on Value, Rareness, and Imitability, then it brings an unused competitive advantage. Strategic plan for Jollibee Food Corporation In this part, we suggest a new strategy for Jollibee. Strategic choices have three points: business level, cooperate level and strategic methods. Click here for the list of stores with 24 Hours Services At present, Jollibee is now one of the largest homegrown fast food chains in Asia. It’s time to team up with one of our experts. The value chain and competitive advantage. 2017/2018 Modular flexibility lets the customers buy meals on a unit-and-match (modular) basis. Jollibee uses repetitive focus. Track strategic initiatives of the company and latest corporate news and actions. An analysis presented that the company is currently in between the internationalization and localization strategy. The research will examine the global expansion strategy for Jollibee Foods Corporation for the expansion of its operations in China (Ahamat, Dirir & Robani, 2017). 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 Key Highlights. Jollibee’s strategies were derived from a lot of change drivers that the company faced. Cash Cows are those strategic business units with high market share and low market growth rate. The following step-by-step procedure can be used to organise the Harvard Business case solution and recommendations: The case study analysis and solution, and Jollibee Foods Corporation case answers should be written down in the Jollibee Foods Corporation case memo, clearly identifying which part shows what. Company history is helpful in a Business Case study as it helps one understand what the scope of the solutions will be for the case study. Lastly, a good case study solution also includes an implementation plan for the recommendation strategies. Jollibee Foods Corporation should invest in its stars and cash cows, while getting rid of the dogs identified from the BCG Matrix analysis. So, recommendations and suggestions need to address the strategy of the marketing department in this case. 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