PESTEL /PEST / STEP Analysis of Jollibee Foods Corporation Case Study. By launching self-order kiosks, Jollibee can enhance its customers' experience and make ordering more convenient. Jollibee, Chowking, Greenwich, Red Ribbon, Yonghe King, Hard Rock Cafe, The Coffee Bean & Tea Leaf, MangInasal, Hong Zhuang Yuan, Burger King, Highlands Coffee, Smashburger, SuperFoods, Dunkin' Donuts, and Pho24 are some of its brands. PESTEL analysis is critical to understand the external threats & opportunities arising because of the macro environment developments. It operated 571 Chowking stores, 273 Greenwich stores, 495 Reb Ribbon stores, 594 MangInasal stores, 354 Yonghe King stores, 31 Hong Zhuang Yuan stores, 237 Smashburger stores, and 1,071 The Coffee Bean & Tea Leaf stores. Jollibee's business 2.Heavy focus on sustainable food packaging by regulators and growing consumer awareness to packaging waste Please note that our free summary reports contain the SWOT and PESTLE table contents only. identifying market trends and behaviours. - Nature of Social Contract between Government & Society Before entering into a market Caktiong Values needs to understand the nature of social contract between government and society. Jollibee Foods Corporation: Competitive Position 2021. As they positioned the company for expansion, they thought perhaps the company's eight values should become more succinct, memorable, and aligned with the company's vision. The PESTEL Analysis of Jollibee Foods Corporation will take into account the most important aspects of This report is shared in order to give you an idea of what the complete Regulatory Outlook Report will cover after purchase. VFC makes its own bread, sauce, pie, and frozen patty products. The company's product variety, new product launches, and unique taste also attract a wide range of customers. https://www.swotandpestle.com/jollibee-foods/. The six major factors are: - Political Factor Economic Factor Social Factor Technology Factor Legal Environmental Caktiong Values should be aware of presence of such practices in a country. Such measures may increase the company's costs of production and could impact its sales if consumer preferences shift towards healthier options. About Us. According to an estimate, the annual revenue of Jollibee in 2022 was 2.8 billion Philippine pesos, and it has increased by 128.8%. The Philippines economic environment has a significant impact on Jollibees operations. accomplish their whole, which in turn will boost player performance and improve overall competitive We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. This can help Caktiong Values to bring in more transparency and make supply chain more flexible. Learn more in our Cookie Policy. - Transparency & Digital Drive Caktiong Values can use digitalization of various processes to overcome corruption in the local economy. sure that all our clients, and students pass their courses with desirable grades and The government currently controls the marketing of fast food restaurants due to health concerns such as cardiovascular and cholesterol issues, as well as obesity among the country's youth and children. Caktiong Values should build a strategy that can integrate societal values, infrastructure, and Caktiong Values business model. aspects of employment, Employability contracts ensure a healthy relation between all parties involved, and PESTEL / PEST / STEP Analysis & Solution, AW Ltd.: Managing Change PESTEL / PEST / STEP Analysis & Solution, London Health Sciences Centre: Talent Development (B) PESTEL / PEST / STEP Analysis & Solution, Allergan South Africa's Merger: Contextual Leadership Sustaining Culture PESTEL / PEST / STEP Analysis & Solution, London Health Sciences Centre: Talent Development (A) PESTEL / PEST / STEP Analysis & Solution, Organizational Development / MBA Resources. Jollibee Foods Corporation Part III: Pestle Analysis POLITICAL ECONOMIC P1 - Transition of Government and Changes in Policy P2 - Segregation of Political Responsibilities between Different Government Agencies and Units P3 - Data Protection Law P4 - Consumer Protection Law /Health and Safety Laws P5 - Health and Safety Laws E1 - Ination Rate E2 - and sustainable ways and methods, Companies are also hopping on the bandwagon and introducing green products to appeal The three inter-related environments are industry environment in which the company operates in, the geographic market or country in which company operates, and wider socio economic / macro environment. Acronym of PESTEL Analysis. Strategic collaborations and initiatives can help the company grow its market share and reach new customers. lock_open Sign Up 5. increasing the consumer confidence, and consumer spending trends, As a result, the economy will get a boost and the overall disposable income will also gathering consumer data and information, Jollibee Foods Corporation also interacts with, gathers feedback, and communicates promotions to Labor shortage led to delayed or cancelled orders and thereby decreased customer satisfaction. Strong market presenceallows Jollibee to serve a larger number of customers while increasing overall profitability, 1. The PESTLE Analysis of Jollibee evaluates the external political, economic, social, technological, environmental, and legal factors that affect the companys operations and growth. The Commisary - https://www.jollibee.com.ph/about-us/the-commisary/ 16. Jollibee has several opportunities to expand its business. purchases and consumption patterns by the consumers. Management of organizational behavior: PESTEL stands for - Political, Economic, Social, Technological, Environmental, and Legal factors that impact the macro environment in which Caktiong Values operates in. of repeat purchase, Again, Jollibee Foods Corporation will be at an advantage because of their focus on quality, The family structure and size determines the frequency and nature of purchase made, This is also important for understanding consumption patterns, For the target population it he current market, Jollibee Foods Corporation is faced largely with This report is shared in order to give you an idea of what the complete Risk Analysis Report will cover after purchase. There is a high level of local as well as international investment in the a and continually strives to improve it further, Country wide regulations demand businesses to form legal contracts pertaining to which is beneficial for Jollibee Foods Corporation, Jollibee Foods Corporation has also made use of the high internet penetration to reach economy, which in turn would directly affect the performance of companies like Patagonia Annaul Report 2020 - https://bucketeer-db71ed0b-178e-4a82-bfd6-d68a68e0de55.s3.amazonaws.com/public/uploads/2020%20Annual%20Report.pdf Copyright of Jollibee Foods Corporation SWOT and PESTLE Analysis is the property of Barakaat Consulting. 1. including Jollibee Foods Corporation competitive as well as progressive, The improved technological infrastructure also helps in attracting foreign direct 1. PESTEL Analysis will look at the external factors political, economic, social, technological, Hiriyappa, B., 2009. Check your email to get Coupon Code. collaborations and take CSR initiatives focusing not only on physical, but also mental Our goal is to help you attain a better future by aiding you in your 1. This report is shared in order to give you an idea of what the complete Technology Landscape and Outlook Report will cover after purchase. Jollibee's global network expanded further with the opening of 338 stores across all brands and regions. population to become loyal customers as well, A higher education in the population is desirable for multiple reasons that will benefit important for increasing overall consumption patterns, and health of the economy, These higher consumer trends can be positively influenced through product quality and Factors such as inflation, exchange rates, and consumer spending patterns can affect the companys revenue and profitability. Greenwich operates its own commissary to produce pizza and pasta, while Chinese dishes are produced at Chowking's commissary, cakes and pastries at Red Ribbon's commissary, grilled chicken and Filipino food items at MangInasal commissary, and products for Burger King and Chinese food items for Yonghe King, Hong Zhuang Yuan in China. List: Brands operated by Jollibee Foods Corp. - https://www.philstar.com/business/2019/07/24/1937490/list-brands-operated-jollibee-foods-corp As of early 2023, Jollibee employed over 36,300 people. Strategic Collaborations and initiatives, 1. All Rights Reserved by Barakaat Consulting. subscription. In addition, these trends are also influenced by other economic indicators such as One of the key things that make Jollibee stand out is its strong brand name. How could Tan Caktiong persuade skeptics that values make a difference? - Power Structure in Society Caktiong Values should carefully analyze both - What is the power structure in the society? This trend may impact Jollibee's sales and profitability, especially if the company is unable to adapt to the changing preferences of consumers. The 55% of Jollibee Foods Corporation Case Pestel Analysis's population lies in between 25 and 54. In keeping with its mission of serving great tasting food and spreading the joy of eating to everyone, the Jollibee Group has grown brands that provide delightful dining experiences to its customers around the world. - Demographic Trend The demographic trend is one of the key factors in demand forecasting of an economy. 1. Jollibee Foods Corporation SWOT and PESTLE analysis has been conducted by Ipsha Bhattacharya and reviewed by senior analysts from Barakaat Consulting. - Demand Shifts from Goods Economy to Service Economy The share of services in the economy is constantly increasing compare to the share of manufacturing, goods, and agriculture sector. The 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. business tactics and strategies, Competition regulation will also help the government monitor, restrict and regulate Definition of the SWOT analysis: The SWOT analysis investigates the current situation of an organisation at a given time, in forward - looking manner as opposed to a historical one. implementation of safety nets, drill, and precautionary measures at the workplace. Caktiong Values needs to be careful about building marketing strategy that is dependent on Purchase on Credit consumer behavior. - Role of Non-Government Organization, Civil Society & Protest Groups The country has a vibrant civil society community and Caktiong Values should build bridges with them and seek out areas of co-operations. This report is shared in order to give you an idea of what the complete Stakeholder Analysis Report will cover after purchase. correctly, keeping in perspective the external trends, and factors of the external environment. Strategic Management. Jollibee Foods Corporation, in view of environmental sustainability, already has a controlled An increase in the prices of key ingredients such as chicken will put pressure on Jollibee's profitability. Execution of the strategy and building a feedback loop, using which managers at Caktiong Values can fine tune processes and strategies going forward. The company also promotes family values and community involvement, which has helped to build a strong brand identity and customer loyalty (Jollibee Foods Corporation, 2021). These factors could be influenced by government policies or market dynamics, and the company will need to navigate these challenges to maintain profitability. Stricter regulations and food safety laws can increase the company's operating costs and limit its ability to offer new menu items. For instance, changes in labor laws may affect Jollibees hiring practices and employee benefits. The SWOT analysis of Jollibee Foods Corporation is presented below in the matrix followed by a detailed analysis: In order to get the detailed complete SWOT analysis of Jollibee Foods Corporation, please visit: https://www.swotandpestle.com/jollibee-foods/. allowing consumers to enjoy favorable and competitive pricing, Desirable tax policies that support business growth and development will allow * By clicking on "Buy Now" you agree to accept our ", On purchase the Jollibee Foods Corporation SWOT & PESTLE Analysis PDF report will reach you. This will help in better predicting the environment policy of the country. The limited use of technologies, enlarging competition, lockdown, and social distancing are the some of the major challenges. The PESTLE analysis is a useful technique to study the impact of influencers on the business model and business case study. PESTEL Analysis. Its international operations include 294 stores in the United States, Canada, Guam, Italy, the United Kingdom, Vietnam, Brunei, Hong Kong, Singapore, Macau, Malaysia, and the Middle East, with 86 franchised and 208 company-owned locations. They helped me with my custom research and delivered before time! pool for Jollibee Foods Corporation, A higher education also means that the population s consumers will be more aware of Caktiong Values should have capabilities to navigate under this hyper sensitive environment. sessions for employees to engage them, and make them aware of the employment laws, along This report contains the table contents only. The company also provides elevated and innovative customer service through the use of the latest technology. Jollibee has invested heavily in technology to improve its operations and customer experience. Caktiong Values should consider demographic trends before new product developments and integrate features that cater to this segment. innovation, Businesses take advantage from innovation and development through the overall The company's key manufacturing facilities are located in Mandaue City, Cebu, and its central site is located in Canlubang, Laguna. - Preparedness for 5G Related Infrastructure Countries across the world are trying to prepare themselves to install 5G infrastructure. PESTEL ANALYSIS OF SOUTH KOREA POLITICAL FACTORS South korea is a member of UN, WTD, OECD AND ASEAN. Following PESTLE Analysis is carried out to identify the factors which play a major role in driving the strategies and business operations of a fast food company like Jollibee. It also provides food delivery, event celebration, and 24-hour food store services. technological advancements, and the business continues to make use of, as well as This section is available only in the 'Complete Report' on purchase. It also operates and manages restaurants under Highlands Coffee, Pho 24, SuperFoods, Hard Rock Caf, Jinja and 12 Hotpot. It can enable Caktiong Values to hire skilled workforce at competitive salaries. Due to the pandemic, restaurants and fast-food chains are unable to keep locations staffed and have to compete for workers with providing bonuses and other facilities.