Case Study
Nov 07, 2014
Case Study
AGENDA• A Brief Story• Values, Vision, Mission, 3B’s• Five Forces Analysis• KSF • Strategic Group Map• Operational Excellence• Serving the Customers• Serving the Employees• Serving the Franchises• Serving the Country• Leadership• Globalization• Let’s Discuss
A BRIEF STORY
Jollibee’s story timeline
VALUES
• Always customer first• Excellence through teamwork• Spirit of family and fun• Frugality• Honesty and Integrity• Humility to listen and learn
MISSION
“ We bring great taste and happiness to everyone.”
VISION
• Become the most dominant and best-tasting quick service restaurant, the most endearing brand that has ever been.
• We will be within reach of every Filipino.• We will lead in product taste at all times.• We will provide FSC excellence in every
encounter.• Happiness in every moment.
3Bs
The three ‘B’s ensure the attainment of the vision: • Boost the standards of the fast-food industry• Build brand satisfaction• Broaden our reach to customers
FIVE FORCES ANALYSISThreat of New Entrants is
Medium
Barrier Strength Result
Economic Of Scale High Low
Learning Curve Effect Medium Medium
Product Differentiation
Medium Medium
Brand Identification High Low
Capital Requirements Medium Medium
Switching Costs Medium Medium
Control of Distribution Channels
Low High
Proprietary Knowledge
Low High
Control Of Access to Raw Materials
Low High
FIVE FORCES ANALYSIS CONT.
Bargaining Power of Buyers is
Medium
• Buyers purchase the item in small quantities.
• Seller’s brand reputation is important to a buyer.
• A particular seller’s product delivers quality that is
important to buyer
• Switching costs are not high (Medium)
• Quantity and quality of information are available to
buyer improves
• Buyer have the ability to postpone purchase until later
• Integrate backward threat (Medium)
FIVE FORCES ANALYSIS CONT.
Bargaining Power of Suppliers is
Low
o Item is readily available from
many suppliers
o Switching cost is low
o There is a surge in the availability
of supplies
o High volume purchases are
important to seller
o Integrated Backward threat
o And many more…
FIVE FORCES ANALYSIS CONT.
Rivalry among Competing Sellers
is Medium
• Concentration of competitors is high• One or two rivals have powerful
strategies
• Fixed Costs are medium
• Fixed Costs are medium
• Switching costs are medium
• Industry growth rate is high
• Product differentiation is high
FIVE FORCES ANALYSIS CONT.
Threat of Substitute Products
is Medium
With so many firms in the quick
service/burger industry, low
switching costs, similar products,
and healthier options, the threat
of substitutes is very high.
KSF
• Quality Control Know-how• High Labor Productivity• Breadth of product line and product selection (Menu)• A well-known brand• Courteous, Personalized customer service• Clever Advertising• National and International Distribution capabilities• Short-delivery time• Supply-chain management• Overall low-cost• Convenient Locations
STRATEGIC GROUP MAP
Price/ Localized
Mc DonaldsBurger King, Wendy's, …Others
Localized
Pric
e
OPERATIONAL EXCELLENCE
• Two Commissaries– Pasig City– Mandaue City
• Out sourcing IT support activities• Adhering to “FSC” Standards:
“Every Food (F) item served to the public must meet the company’s excellence standards or it will not be served at all.”
“The Service (S) must be fast and courteous”
“Cleanliness (C ), from sidewalk to kitchen, From Uniforms to utensils, must be maintained all times.”
SERVING THE CUSTOMERS
• Importance of Serving the Customers
• Advertising
• Jollibee and Children
• CRM
SERVING THE EMPLOYEES
• Extensive training programs
• Superior “Family-like” atmosphere
• Highest compensation and benefits packages
SERVING THE FRANCHISES
• Special attention to the Franchises selection
• Supporting new Franchises
• “Family-like” treatment
SERVING THE COUNTRY
• Supporting Social Causes
• Toy and book collection drive
• Housing Project
• Helping Environment
LEADERSHIP
• Tony involved himself to the fullest extent
• Perfect Communication
• Continuous Learning philosophy
• Appointing professionals
“Management of the year 2003” award by MAP
GLOBALIZATION
• Where are the Filipinos?
• Not limiting the market to Filipinos
• Entering into the USA and the challenges
• Acquiring Tokyo Teriyaki House (TTH)
LET’s DISCUSS
• What are the core competencies?
• What are the competitive advantages?
• Why they haven’t entered into India?