Crawford college lonehill
Business
Grade 12: role play
Yum! Brands
By
Walani mhango
And
Megan naicker
Roles:
Walani Mhango-KFC’s Head Of Department (HOD) of Public Relation; I manage the reputation of KFC’s brand and I sustain the organization’s public image within the stipulated budget, and I publicly promote the company’s stated targets and goals.
Megan Naicker-Senior Executive officer (SEO) of KFC:
I am responsible for planning and directing and making sure that everything runs smoothly in the business. I overlook the public relations department and I particularly make sure that our KFC brand image is looking good and that we, as an organization, are achieving our desired dreams and goals for the company.
Introduction:
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QUESTION: Tell us about KFC's good governance:
ANSWER: Our Company’s aim is to manage our long term growth and profitability. Our KFC franchises show the good governance characteristics through our initiative to give back to the community through our foundations like the “add hope foundation" and the "cricket foundation". We also show our good governance in the way we run our restaurants from a day to day basis. Examples of our characteristics and where we have used them are:
Transparency: We try to be transparent in the way we run our business by being honest and disclosing all information to all lives that come in contact with us. We provide the world with all information on our KFC and Yum! Brand websites. All financial reports are available to view online and with our social media platforms we make it accessible for the world to find out information about us and contact us about anything.
Fairness: we aim to make the world better starting with creating a diverse cultural atmosphere in the work environment. We try to create a professional and safe interaction between employees and customers. We also use our CSR project to make the world better for the disadvantaged starting with feeding the children and giving them hope. The children are the future leaders of South Africa and it is important to start caring for them and building them up to be good
KFC employs around 24,000 people in 850 restaurants. 65% of the KFC recruits are young adults venturing into the world of work for the very first time. KFC is a great place to start working, with a fun and
The purpose of this essay is to research the notion of CSR and uncover its true framework and outline what social responsibility truly means to corporate organisations, and whether it should be seriously considered to be a legitimate addition to the corporate framework of an organisation.
CSR is all about businesses understanding the effects that they have on the community/wider world. Businesses will use this impact in a positive way to
I have a thorough understanding of our business and our customer. I monitor the trends and behavior of our brands and those of our competitors. I use my knowledge to make the appropriates changes and to empower myself. I follow the guidelines and appropriate channels to communicate effectively with peers, supervisors and partners to get the best results in the day to day business.
The existence of CSR performances guarantee the interest of stakeholders, which involving investors, sponsors, employees, consumers and suppliers. More specifically, for inner management, the workers can be treated respectfully and received well treatment. For example, the workers should be ethically treated when they make a contribution to the performance of organization. Which means the workers not only will improve the enthusiasm to the work, but also will hold the same attitude to handle their works and customers when they receive and be treated equally and ethically in the working environment. Consequently, the employees will make more profits by working in a comfortable workplace. Moreover, the performance of organization will be promoted dramatically by workers’ support.
“Our aims are to be supportive, fair, just and free from discrimination. In line with these objectives, we will challenge discrimination on the grounds of gender, race, age, disability, sexuality and faith; actively promote Equality and Diversity; and ensure that the legislation and policy requirements within the six strands of Equality and Diversity are implemented into all our working practices”
It is the responsibility of the HR department that all related policies and procedures are developed in line with our vision and strategy and with ethicality, the Charity’s adherence to its social responsibilities and business ethics. Nowadays businesses are expected to be guided not only by legislation but by the same moral and ethical decisions that guide how we behave. The charity is committed to equality of opportunity and our diverse workforce is supported by hiring and promotion of staff from minority groups.
The first KFC was opened in Tiananmen Square, China 1987; it struggled as western food was unknown to the east. This was still a very conservative nation, not prepared for the “Fast Food” takeover. The restaurant did pretty well, but grew slowly. The Harvard business review, stated that “in 1992 the Chinese government granted foreign companies greater access to markets, KFC China’s managers gradually developed the blueprint that would transform the chain.” (Yums' China, 2017) Although they have done well for themselves they struggled, as growth was steady but slow and their customer base was shrinking. “In November 2016 Yum China Holdings, Inc. became a licensee of Yum brands in Mainland China; they have exclusive rights to KFC.” (Yums' China, 2017) Yum controls approximately 7,300 restaurants and more than 400,000 employees in more than 1, 100 cities. YUMS generated over $8bln in sales in 2015.
Marketing strategy is a method of focusing an organization's energies and resources on a course of action which can lead to increased sales and dominance of a targeted market niche. A marketing strategy combines product development, promotion, distribution, pricing, relationship management and other elements; identifies the firm's marketing goals, and explains how they will be achieved, ideally within a stated timeframe. Marketing strategy determines the choice of target market segments, positioning, marketing mix, and allocation of resources. It is most effective when it is an integral component of overall firm strategy, defining how the organization will successfully engage customers, prospects, and competitors in
Managers usually are locals and will spend time training at other restaurants before opening the restaurant. KFC's goal is to give every employee the opportunity to pass a formal certification procedure to gain credibility and qualifications.
The purpose of this report is to identify an organization and map out its business processes. The company I had chosen is Kentucky Fried Chicken (KFC). In this report, I am going to talk about the company and further on describing it business processes and how they manage such a big organization.
KFC Does two types of planning, Strategic Planning and Operational Planning. Strategic Planning is done to increase its market worth value of the market share and Operational Planning includes launching of new product to change or innovate its product line for the customers. Planning objectives of KFC are to expand the organization on all over the UAE, to create and build superior quality for the customers, to follow marketing mix strategies and to generate superior financial return for KFC and KFC’s employees. Menu planning is done by researching. Supply chain management planning includes the full process related to the supply of raw materials which include chicken, spices and packing material and to increase operation, the objectives of supply chain management planning is to increase the level of outsourcing, increase globalization, increase the supply, increase the competitive pressure and increase the customers.The KFC mission statement is to “sell food in a fast, friendly environment that appeals to pride conscious, health minded consumers”.
Kentucky Fried Chicken (KFC) is a popular fast food chicken restaurant chain around the world. (Bell, Shelman, 2011) It is one of the subsidiary of Yum Brand. This company also operates the Pizza Hut and Taco Bell. (Yum! Brands, Inc, 2016) KFC was founded by Harland Sanders in 1952. (Bell, Shelman, 2011) Sanders was successful in creating the brand, even the logo of KFC brand is the portrait of him. He became a notable figure in American history thanks to his great contribution on creating KFC brand. Nowadays, KFC becomes more and more popular, the sales ranking of KFC was the 11th among the worldwide restaurant brands. (The QSR 50, 2015) The sales of KFC in 2014 was 4200 million dollars. (Details in Appendix 1) It means KFC has a large quantities of consumption needs. Actually, KFC has 14,577 restaurants around the world and 70% of them are located outside America (Yum Brand Annual Report, 2015). The restaurant profit was increased year by year from 2013 to 2015. (Details in Appendix 2) Therefore, it is potential to enlarge the customer base by analyzing consumer behaviors.
The organisation that provides the product or service, including any mission statements, visions or goals.
Providing customers with the best of both worlds: west meets east. In addition to its radical strategic approach of localization with regard to its food, they extended that viewpoint when selecting their management team. By hiring Chinese executives, Yum! Brands is able to build relationships with the local suppliers more easily and quickly. It definitely helps with their competitive advantage that chicken is a staple meat in China. Given these factors, it is clear that KFC has a competitive advantage in this market. However, taking a closer look at the industry and thinking longer-term, the competitiveness is undesirable but there is still potential to improve profitability. See the analysis