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Yum Brands Essay - 696 Words

International Business Strategy 1. Describe Pizza Hut and KFCs investment strategy in Latin America. Latin America was appealing to Yum brands because of its close proximity to the United States, language and cultural similarities, and the North America free Trade Agreement eliminated tariffs on goods traded between the United States. Performing a country analysis was an important part of the strategic decision making process. Yum Brands had to accurately assesses the risks of doing business in other countries and regions in order to make good choices about where to invest. Expanding to a foreign market was attractive because of their large customer bases and comparatively little competition. Having a separate subsidiary in Dallas,†¦show more content†¦By 2004 85 percent of Mexico’s exports were purchased by US consumers, and 68 percent of on Mexico’s imports were purchased from the United States. 70 percent of Mexicans lived in the urban areas with a population of 18 million people. Many U.S firms had operations in or around Mexico City, which the fast food i ndustry is well developed in the city. Chicken is a staple product in Mexico and helps explain KFC’s popularity. The fast food chains in Mexico was KFC (274 restaurants), McDonalds (261), Pizza Hut (174), Burger King (154), and Subway (71). Being a variety of restaurants brings intense competition. Brazil has a population of 182 and is the largest country in Latin America. Brazil is the world’s largest coffee producer and largest exporter of sugar and tobacco. Brazil has a strong industrial power it exports airplanes, automobiles, and chemicals. Brazil is one of the most important emerging markets, along with China and India. The fast food industry is less developed than Mexico. Many restaurant chains such as Burger King, Pizza Hut, and KFC built restaurants in the mid 1990’s but later closed because of poor sales. Eating customs play a huge role in Brazil, because consumers eat their big meal in the early afternoon, in the evening they have a light meal such as a soup or small plate of pasta. Brazilians rarely eat with their hands, preferring to eat with a knife and a fork. UnitedShow MoreRelatedvison, mission and objectives for yum brands1633 Words   |  7 Pagesï » ¿ Executive summary The aim of this report is to identify and to analyse all the relevant information on Yum brands business strategy. With the hospitality market becoming increasingly competitive, it’s important that as a business has a business’s strategy set. The main aims normally revolve around making lots of profits, growing and expanding, and most importantly, being different from others. These goals must be achieved for business success in any tough market industry. To accomplish theRead MoreFinancial Analysis of Yum Brands1441 Words   |  6 PagesA Financial Analysis of Yum! Brands, Inc Restaurants are, and will continue to be, an extremely profitable business. As a result, shareholders who have interest in brands such as McDonalds and Starbucks need not to worry about negative implications for the food giants compared to more risky industries. One company in particular, Yum! Brands (YUM), is another brand investors should become familiar with. Consumers may recognize the more specific stores the company owns such as Taco Bell and PizzaRead MoreBusiness Strategy Yum Brands Essay902 Words   |  4 PagesYum! Brands Set To Dominate the Global Fast Food Market Over the last few years, Yum! Brands has opened up an average of 4 new brand stores per day around the globe.   â€Å"The largest share of this growth is coming from its expansion in mainland China† (Burchett).   According to Burchett, in 2010 alone, only counting the franchise Kentucky Fried Chicken stores of the Yum! brand empire, the number of stores open for business increased by 13% to 3,000 restaurants.   When compared to global giant McDonald’sRead MoreAnalysis of the Company Yum! Brands, Inc.2908 Words   |  12 Pages1. Introduction In the module strategic hospitality management an analysis of the company YUM! Brands, Inc. will be made. The second week of the module especially focuses on the internal analysis of YUM!. In order to understand the internal analysis process, books are red on the topic. This will be done in order to define the strengths and weaknesses, resources, capabilities and the development of competitive and strategic advantages. The lectures and workshops provided important information andRead MoreEssay on Financial Analysis Report Yum! Brands4261 Words   |  18 PagesFinancial Analysis Report (FAR) YUM! Brands, Inc. The fast food and quick service restaurant industry consisted of about 945,000 restaurants representing approximately $552 billion in annual sales.  The industry is highly fragmented, with the top 50 companies holding about 25% of industry sales and is intensely competitive with respect to food quality, price, service, convenience, location and concept (Hoovers 2009). The major companies of the industry include McDonald’s, Burger King,Read MoreFinancial Analysis - Yum! Brands and Darden Restaurant2097 Words   |  9 PagesYum! Brands Yum! Brands started out as Tricon Global Restaurants in 1997 as the result of a separation from PepsiCo, and became owners of the KFC, Pizza Hut and Taco Bell brand names worldwide. Yum! Brands is now a Fortune 500 company based out of Louisville, Kentucky and the world’s largest restaurant company in the world in terms of system restaurants. With over 37,000 restaurants in over 110 countries, Yum! Brands dominates four sectors of the quick-service food industry: Mexican with the TacoRead MoreBusiness Model Yum Brands6458 Words   |  26 PagesYUM! Inc Internal Analysis | The Strategic Management Process | REPORT NUMBER | 2 | WEEK | 2 | CBL GROUP AND SUB-GROUP | I3SHM Group A | DECLARATION 1. This work is composed by me / by us. 2. This work has not been accepted in any previous application for a degree or diploma, by me / by us or anyone else. 3. The work of which this is a record is done wholly by me / by us. 4. All verbatim extracts have been distinguished by quotation marks and the sources of my informationRead Moreyum brands five forces1223 Words   |  5 Pages8) International business is business whose activity are carried out across national borders. In terms of Yum! Ease of doing business internationally, three different frameworks will be use which is PESTEL framework, to analyse Yum! Brands market decision in terms of environment; Porters Five force to help portray the Uniqueness of the market and Porters Diamond to demonstrate Yum! Brand mode of entry. The environment is what gives organization their means of survival, it create opportunity andRead MoreSwot Analysis Of Yum Brands897 Words   |  4 PagesYum! Brands is one of the strong fast food chain brands across the world. It owns major fast food franchise’s like  KFC,  Pizza hut,  Taco bell, East Dawning and others. Naturally, with such top retail chains belonging to Yum! brands, their presence worldwide is phenomenal. Yum! Brands is considered the world’s largest fast food chain and has more then 43,500 restaurants across the world. They have a strong presence in  China  and India, which are two of the most populated nations on the earth. It isRead MoreAs investors it is important to understand the company in which you are looking at. One of the700 Words   |  3 Pagescompany spends its money. This assignment will be looking at â€Å"Eat at My Restaurant,† which is a case study that compares three different well-known companies. The companies in which we will look at are Panera Bread, Starbucks, and Yum Brands, Inc. Panera Bread Starbucks Yum Breads, Inc. Data Reviewed 2010 2009 2010 2009 2010 2009 Net Cash provided by operating activities $1,968,000,000 $1,404,000,000 $237,634,000 $214,904,000 $1,704,900,000 $1,389,000,000 Net Income- including noncontrolling interest

Leqadership Self Reflextion Free Essays

[Type the company name]| Leadership self reflection| [Type the document subtitle]| | keshav| 5/26/2012| | Table of Contents Introduction2 The rings of the tree and temperaments (keirsey)2 Leadership and me3 My new insights to leadership4 Leadership and my experience5 My weakness as a leader6 Conclusion6 References7 Introduction Leadership is that talent that helps an individual to help one self and others through a crisis situation and attain the goal set set by aligning the direction of his team towards the ultimate goal. It is very important to be aware of the leadership one has in himself/herself to be a better leader and nourish these qualities. These leaders will be able to perform well on ‘personal’, ‘team’ and ‘organisations’ point of view. We will write a custom essay sample on Leqadership Self Reflextion or any similar topic only for you Order Now This essay is the reflection of me as a leader and my thoughts regarding leadership. The rings of the tree and temperaments (keirsey) As far as the communication angle of my talent is considered I am concrete in nature. I have well formed ideas shaped enough to be imparted to others in a very convincing way. I concentrate on reality, and facts rather than simply conveying news on the basis of mind’s eye. But I am sensitive to other peoples change and try sensing a positive or negative energy in a person. In case I find negative energy I tend to sort their situation out by cooperating with them and turning the energy positive. I am also good at converting the the abstract ideas to concrete ones and implementing them if required with greatest dedication. I am cooperative in nature and this makes me friendlier to my colleagues. I am empathetic too and I allot works on the basis of my team members ‘like’ or ‘dislike’ and the ‘quality of the work’ that are offered by them. This helps me to assign the ‘right work’ for the team member and this helps in maximum productivity and satisfaction from the employees (Keirsey, 1998). In the third ring of being reactive or proactive in nature i. e. directive or informative I am more lenient towards proactive one. This is also one of the advantages of being intuitive. I am capable at directing others to achieve the goals that are set. When it comes to the fourth ring I am more expressive than I am attentive. Among the four temperaments that are there, I belong to the to the guardians category that are concrete and cooperative. I relate myself more to the administrator than to the conservators (Keirsey, 1998). Leadership and me It is important to analyse oneself as a leader and to be aware of one’s strength and weakness to make a better leader. Most effective leaders always invest in their strengths and surround themselves with the right people to maximise their team. They also understand their follower’s needs. These are some of the core strengths I have as a leader. I am aware and am appreciative of my leadership skills of communication, mindfulness and empathy. I try on building up my strengths and reducing my weakness through self analysis. Like all the leaders in the world I was also influenced by the other teachers and prominent personalities and am inspired by their leadership styles. I also realise that the leaders made these changes through planning that was implemented on a time plan. I also hope to inspire people around me and make them be appreciative by adapting the most vibrant and preferable style for others. The leaders also influence change by providing direction and chances for continuous improvement. As a leader in my life the number of roles I have played is very limited considering the interpersonal, informational and managerial roles of a leader. I have been a leader, monitor and resource allocator to my team and the roles played on other areas like negotiator, disturbance-handler, entrepreneur, spokesperson, disseminator, liaison and figurehead are very limited and have to be undertaken in the future. I have only worked on an individual and group level of an organisation and haven’t managed to get past the middle-level management in an organisation. On the basis of the leadership trait theories I sense the traits of I have comparatively a higher level of energy and has a talent of persuasion. My leadership style also belongs to the new style of leadership that is accepted in the new era and that is highly decentralised in nature. I value my team members and try to appreciate them for their contributions in the welfare of the team. I also promote the system of feedback and thereby improve myself and helping others to improve. This also means that I have adapted myself to a democratic leadership style. I also realise that there is nothing appreciative in a team as favourable working employs. What motivates me in leadership is need for affiliation. I am willing to please people and am very often concerned about them. I have a very positive outlook on leadership and I am more productive when I work with employees who have theory Y attitude. I also try and make my team positive enough to realise the Pygmalion effect of thinking positive. I am also very strict about being ethical in implementing responsibilities when I, the team members and the organisation is concerned. This is also why I think upbringing of a child highly influences the moral and ethical standards that will be followed by him/her in the future. My new insights to leadership Leadership qualities can be inborn. But they can be conquered through continuous efforts and through planning. Leaders are relied upon by the organisations for achieving the already set goals. It can even be said that the the success or failure of an organisation highly relies on the success of the various leadership styles that are adopted by the leaders. It is not possible for all the leaders to have all the ideal qualities of being a leader. It is the different combinations of these qualities that makes one leader different from one another and allows one to be better than the other. On reading the book ‘the Tao of Leadership’, I accept some of the truths behind leadership of which some are ‘wise leader is like water’. A leader should have it in him to cleanse and refresh all the creatures without any difference and is fearless to search in to the surface of things. It is responsive and is ultimately not bound to anyone. The ultimate goal of a leader is harmony. When harmony is established things tend to work on an organised pace. The group who is working for a leader is very sensitive. When mistreated or not considered adequately, they tend to be unproductive and conflicts occur. For the best performance, a leader should also be low and open. The reason is that a good leader is also a good follower of the right strategies that are adopted by others. A wise leader is responsible for providing opportunities to all the followers even at the risk of getting unnoticed. A good leader should not only be aiming for good reward and acknowledgement (Heider, 1986). Leadership and my experience I have been selected to leadership roles in education institutes and was a team leader in the organisation that I was employed in. I was chosen as a team leader of a new process without being introduced to the team. When started my work as a team leader I realised that the team members were not comfortable with each other and that has really affected the team’s performance as a single unit in spite of the fact that the employees were all hardworking. One of the initial steps I took after I took up the role was to resolve conflict through persuasive communication and the misunderstandings vanished in a very short interval of time. The team gathered together, was work and fun oriented at the same time, and also was appreciated for its achievement in a short time span. Initially three problems were not sorted and then we all glued up well because of the ‘need for affiliation’ I had and the ‘requirement of achievement’ a few others had in the group. My weakness as a leader As a leader I at times tend to be too democratic people fail to realise the difference between the team members and the team leader. I am not achievement oriented which is not always favourable. Different leadership styles are acceptable at different circumstances as I suggested by the situational leadership theory. I am comfortable in one style of leadership and am in heavy requirement for the affiliation. But the democratic style of leadership may not be optimal when there is a situational change and the preferences would be for autocratic and bureaucratic leadership style. I tend to express myself more than than being an active listener. This means that my team mates may find me incommunicable to. Being unapproachable is a very bad quality where in a leader is concerned. I will also have a tough time working with type X employees because of my decentralised style of leadership. There were also many situations while taking the test keirsey that I faced questions that are not mutually exclusive. Even as a leader there are some fatal flaws that tend to occur. On being accepted by other if I will also make one of these fatal flaws that usually occur to leaders like thinking I am the smartest person in the room, being a control freak, the politician, the pleaser or the kind. It’s very difficult for a leader to achieve a balance between all these requirements and it can be achieved only through experience (Lloyd, 2011) Conclusion The quality of leadership can be inborn and can be nurtured well. Organisations should find out talents within the firm and nurture them to be leaders of productive teams so that organisational goals are achieved while being in favour of the employees as well. Leadership is quality that has to be appreciated for being the root cause of the success or failure within an organisation. Employees within an organisation should be given chances to evaluate them self as a leader and person and then choose the most favourable position to enhance productivity. References * Keirsey, D. (1998). Please understand me 11: temperament, character, intelligence. Prometheus Nemesis book Company. * Lloyd, J. (2011). Five fatal flaws of a leader. Retrieved from http://www. jobdig. com/articles/1572/Five_Fatal_Flaws_of_a_Leader. html. * Lussier, R. N Christopher f. A. (2010). Leadership: theory, application, Skill development. Cengage Learning. * Heider, J. (1986). The Toa of leadership: leadership strategies for new age. Bantam. * Valentine, S, Godkin, L Philip E V. (2009). Role conflict mindfulness and organisational ethics in an education based healthcare institution. Journal of business ethics, 94 (3), 455-469. How to cite Leqadership Self Reflextion, Essay examples

If I Could Live My Life over free essay sample

If I Had To Live My Life Over I would think of how I could impact the world I would start by following my heart Just listen to what my heart tells me, whether its good or bad Live in the moment, have fun, live love and laugh Dance in the rain and sing out long I would go out more often and stop thinking negative or whos out there to get me I would listen to my parent and siblings more often Take all the advice given to me, turn it around and use what applies to me I would have a different view towards the world I dont know what is it but I have always questioned the world on what it has to offer In this world you see people that influence you in a positive way and negative way If you are smart enough, youd choose the one that can take you to the top I dont know why but have always wanted to be on top of the world Even though I dont really know what it means to be on top Sometimes I question myself about it, is it by being the richest person to be on top or is it by being the smartest person to be on top I think about these things over and over but then I realize that being on top of the world doesnt have to do with how rich or how smart a person is; its all about being happy Most of these people that are rich arent happy, some have diseases that cant be cured even with the money they have, while some Just need someone to love to be happy Everyone has problems, no one is perfect and all we need is love and happiness, We need someone who can fill in the blank space in our lives; we need someone who can understand us and provide for our needs; we need someone who can love us and not Judge us, and last but not least we need someone who can help us up when we fall. We will write a custom essay sample on If I Could Live My Life over or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I would Judge no one based on what have i experienced or seen I would help more people and not neglect them I would volunteer more and not care about the reward I believe its better to do something from the bottom of your heart than to do something because of the money you will get or because of the higher position you will be in Things like this dont take us to a higher level; it all leads to destruction or failure I believe that when you help people you learn better than doing it for the money. Everyplace we go is a place of learning whether its the streets, woods, school or any place your heart can take you And, its all left to us to put our self in the right places. If I had to live my life over I would be more of a leader and not a follower I would be a good example for the young ones I would show respect to my elders, read a book instead of standing on the block everyday watching my life pass me by. I would go to church more often and grow in the lord I would be part of every solution and not pollution For example, if we all come together to find a solution to all the problems thats occurring in our community or surrounding we can get further than where we are give more donations and help meet the need of others We have many people out there today that need our help. We have the homeless children, children dying of cancer, and we have our adult as well, we also have the life of innocent babies at stake because of the life their parent choose to live, however, I believe if we come together and make this donations million of people will be given a second chance at life. If I had to live my life over I would choose my friends wisely Its good to be friendly with everyone but, we need to be careful with the kind of friends we choose to make I believe there are different types of friends Just like there are different types of animals There are friends that like to see you happy while we ave friends that dont, we have friends that live to see us rise up while we have friends that like to see the end of our life, we have friends that will lead us to destruction while we have friends that will lead us to success. However, it is left to us to choose the one that best suit us. I would take a time out to get to know myself better Find out who I am and what my purpose in this world is, I would have more confidence in myself and not care about what people think of my accent I would stop applying the word l cant in everything I do I would think more positive and less negative I would make sure I leave my mark in the world