INTERNAL AND EXTERNAL ASSESSMENT JOLLIBEE FOODS CORPORATION SWOT ANALYSIS STRENGTHS S1. Jollibee has a wide variety of delicious food menus. Jollibee offers a variety of food product options in their menu including beverages & desserts, burgers, chicken, fries and sides, hotdog sandwiches, noodles, and rice meals. The most popular tasty and delicious items are Chickenjoy, Yumburger that is mouth-watering, hamburger, and Jollibee Spaghetti. S2. Most popular fast-food brand in the Philippines S3. High employee morale S4. Autocratic and democratic management style S5. Offers a great-tasty and delicious food WEAKNESSES W1. Some food products contain allergenic ingredients. Based on the data provided on the website of Jollibee Ph, there are some food ingredient or food product that is not free from the specific allergen. W2. Falling sales due to coronavirus crisis In the 1st half of the year 2020, Jollibee incurred a net loss of P 12 Billion led to the closing of close to 255 stores worldwide due to coronavirus pandemic. https://www.rappler.com/business/jollibee-earnings-report-january-june-2020 W3. Most of their meals can caused obese OPPORTUNITIES O1. Global Expansion. Over 1,200 stores worldwide. As of 2021, Jollibee opened over 1,200 stores worldwide. From then and now, Jollibee continues to expand globally. O2. Business Acquisitions with other local and international companies The acquisition of many new brands like chowking, greenwhich, etc is a hedge against downturns and competition. O3. Jollibee Supply Chain Program helps to address poverty in the Philippines This program of JFC helps the poultry Industry to build a livelihood for the farmers and create a source of income for them. O5. This study source was downloaded by 100000843783357 from CourseHero.com on 05-02-2022 22:44:24 GMT -05:00 https://www.coursehero.com/file/86529114/ANG-HIRAPdocx/ THREATS T1. Increasing competition in the fast-food industry One of the major threats for Jollibee is the rivalry from notorious fast-food restaurants like McDonald’s corporation, competition from both international companies, and other local eateries. T2. Government strict restrictions to contain the coronavirus pandemic In the second quarter of the year 2020, Jollibee suffered a 10.2 B net loss due to covid-19. JOLLIBEE FOODS CORPORATION IFE MATRIX For the period covered Results of Strategic Formulation Using IFE Matrix S1 S2 S3 S4 S5 S6 S7 S8 S9 S10 Base 1.0 Rate 4321 Ave. Weighted Score Strengths Jollibee has a wide variety of delicious food menus Most popular fast-food brand in the Philippines High employee morale Autocratic and democratic management style Offers a great-tasty and delicious food https://www.academia.edu/6849893/Competitive_Profile_Matrix_McDonalds_Burger_King_Hold ings_Yum_Brands_Inc_Critical_Success_Factors This study source was downloaded by 100000843783357 from CourseHero.com on 05-02-2022 22:44:24 GMT -05:00 https://www.coursehero.com/file/86529114/ANG-HIRAPdocx/ 1. Management 2. marketing, 3. financial/accounting, 4. production/operation, 5. R & D, and 6. MIS. BANK OF THE PHILIPPINE ISLANDS Strengths 1. Offers a wide range of financial services for a vast number of customers 2. Offered Innovative products and services 3. Low-cost deposits – no inter branch fees 4. Long banking history and tradition 5. Competent management 6. Efficient operating management 7. Organized internal control system 8. Strong foundation of corporate governance and healthy corporate culture https://www.bpi.com.ph/governance/about 9. Owned by one of the strongest and largest companies in the Philippines, Ayala Group of Companies 10. Provides best training and development for their employees 11. Multicloud Strategy https://mb.com.ph/2020/09/28/bpi-steps-up-digital-banking/ 12. Opportunities 1. Developed Sustainable Finance Framework 2. 3. 4. 5. 6. 7. Increasing number of young savers Increasing OFW remittances Expansion to rural regions Changing Socio-cultural & demographic factors Coronavirus pandemic is a prime bargain hunting season for well-positioned investors Recovering economy of the country Key Threats links https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/s-previses-outlook-on-bank-of-the-philippine-islands-security-bank-to-negative-60701170 https://www.fitchratings.com/research/banks/fitch-affirms-bank-of-philippine-islands-at-bbboutlook-stable-12-10-2020 https://www.fitchratings.com/entity/bank-of-philippine-islands-80360244#insights https://www.bpiexpressonline.com/media/uploads/5f20f106c45e5_2Q_2020_IR_Deck_for_EOL. OTHERS https://www.bpiexpressonline.com/media/uploads/5f20f106c45e5_2Q_2020_IR_Deck_for_EOL. pdf This study source was downloaded by 100000843783357 from CourseHero.com on 05-02-2022 22:44:24 GMT -05:00 https://www.coursehero.com/file/86529114/ANG-HIRAPdocx/ https://www.marketscreener.com/quote/stock/BANK-OF-THE-PHILIPPINE-IS6492271/financials/ https://www.bpi.com.ph/content/atom/33f50d91-c898-4666-8a69-e09d571c5dcc/content/About %20BPI/Investor%20Relations/Integrated%20Reports/IR%20Report %20Files/file_2019_integrated_report.pdf?id=deca4840-d2b3-4c65-a7b8-779f3cd8ef3d EFE MATRIX Recommendations: One of the weak points of the banking industry is the limited presence in rural areas. This weakness can actually convert into an opportunity. They can offer services to the rural population and expand into villages to increase their customer base. Accelerating digital transformation is a good idea, BPI needed to accelerate its pace of innovation and future-proof technology to meet the increasing demands of digitally-savvy consumers. improve their sustainability risk consciousness to come up with better business continuity plans as new risks, such as the coronavirus disease 2019 (COVID-19) pandemic. https://www.linkedin.com/pulse/bank-philippine-islands-digital-transformation-future-michaelwalker CPM MATRIX Recommendations: Expand their business and financial services internationally Focus on improving the technologies that they have such as Automated Teller Machine BDO is always ahead of BPI when it comes to asset quality, BPI must conduct an analysis on how they can surpass their major competitors. IFE MATRIX Continue on providing the best training and development for their employees Offer financial education program to improve the financial literacy level of many Filipinos Prioritize the security and privacy of digital-savvy consumers SAN MIGUEL CORPORATION Recommendations: EFE Prioritize local suppliers Since they have no big rivalries with the same industry in the Philippines, San Miguel Corporation should try to compete internationally through expansion. Continue to provide efficient technologies and machinery to increase productivity CPM Recommendations: Go after large clients. Target new markets Regularly conduct industry analysis to survive in an ever-changing business environment. Recommendations Continue to provide products according to the consumer’s taste and preferences Focus on building healthy and encouraging teamwork among employees to increase productivity levels and improve business operations. This study source was downloaded by 100000843783357 from CourseHero.com on 05-02-2022 22:44:24 GMT -05:00 https://www.coursehero.com/file/86529114/ANG-HIRAPdocx/ Stabilize internal operations and business functions. IFE Recommendations Continue to provide products according to the consumer’s taste and preferences Focus on having an encouraging teamwork among employees, this will help to increase productivity level. Stabilizes internal operations and business functions. SAMSUNG CPM MATRIX https://www.academia.edu/29691751/Samsung_Company_Mobile_sector https://dsim.in/blog/2017/01/28/case-study-apple-vs-samsung-a-battle-of-marketingrelevancy/ https://www.econotimes.com/Apple-overtakes-Samsung-dominates-global-smartphonemarket-share-with-nearly-80-million-units-shipped-in-late-2020-1602852 Market share https://www.counterpointresearch.com/global-smartphone-share/ Recommendations Formulate innovative strategies to continue business growth despite competition Strategic partnerships is a big contribute to overall sales and customer retention. Think about an acquisition that aligns well with their products or services. FMGT 3A Jamero, Abelyn L. Manlangit, Ayeza B. Ramos, Laraine January P. PART 2 OF INTERNAL AND EXTERNAL ASSESSMENT Consist of 3 Local companies: 1. Bank of the Philippine Islands 2. San Miguel Corporation 3. P.J Lhuillier, INC. (Cebuana Lhuillier) And 2 International Companies: 4. Samsung 5. Procter & Gamble This study source was downloaded by 100000843783357 from CourseHero.com on 05-02-2022 22:44:24 GMT -05:00 https://www.coursehero.com/file/86529114/ANG-HIRAPdocx/ Powered by TCPDF (www.tcpdf.org)
