The Analysis Of Spur And KFC
Table of Contents
Spur’s history
Statements of Mission
Sight
Background and global impact
Background of Kentucky Fried Chicken
Statement of Mission
Our goal is to achieve a clear view of our future.
Background and global impact
Corporate Governance is Strategic Important
The way a company is managed and directed.
These are the main conclusions and findings of the research.
KFC and Spur have good Corporate governance, but I was disappointed in their lack of governance in other areas. A Spur restaurant was the victim of an incident that showed they aren’t always accountable. KFC’s corporate governance is slightly less than Spur’s. KFC doesn’t seem to value transparency. It was difficult to do research about their values and procedures. KFC also fails to make public the steps they take to fix any issues that arise. They also fail to disclose how they fix problems that arise.
Yes, KFC should improve transparency and accountability. KFC’s lack transparency led me to investigate why people were upset with their apology. KFC sometimes fails to disclose the specific actions that they will take. But since nobody knows the outcome and there isn’t any follow-up, the complainant can’t be sure what to expect. They should apologize more openly and honestly, this led to suggestions.
SpurMission Statements: Spur strives provide great food and unforgettable experiences for everyone. Spur makes sure that their restaurants offer a welcoming environment for families. They offer a warm and welcoming environment where everyone is welcome. Customers and potential customers are guaranteed a consistent and reliable “outstanding experience”, regardless of where they visit the franchise.
VisionSpur believes in bringing together their customers by creating delicious burgers that are high quality and tasty. This will help create great memories and build brand loyalty. Their generosity, cheerful staff, customers and hospitality are all key factors in attracting customers. They pay attention to more than just the flavor of their burgers and other food.
Background and global impactSpur Steak Ranches (South African fast-food restaurant) is part the Spur Corporation. Spur Corporation is multi-brand and listed on JSE Limited. This company operates in the leisure and travel sector. Panarottis Pizza Pasta is one of the Spur Corporation’s other restaurant brands. John Dory’s Fish & Grill is the other. This group provides a dining experience that is affordable and family-friendly.
Spur Corporation’s founder is Allen Ambor. He also serves as its executive chairman. Spur Steak Ranches was founded by Allen Ambor in 1967. The Golden Spur, Cape Town’s most famous steak restaurant, was opened by Ambor in Newlands. In South Africa, he opened Seven Spur (a second Spur restaurant) at Sea Point. Ambor decided to franchise the Spur restaurant after they became extremely popular. Spur Corporation has grown to be a multimillion-rand corporation. It became famous for its high quality meals, which are nutritionally balanced and affordable. The Group is one of India’s most well-known brands. They are now an internationally recognized brand with 41 restaurants across the globe and over 292 local restaurants.
The menu offers food and beverages for all tastes. Red meat lovers will love their steaks, chicken breasts and ribs. There is also a Kids’ Menu that offers delicious desserts. People with low incomes can enjoy their weekday deals such as the Unreal Egg Breakfast or the Classic Monday R50 Burger. Spur resturants are known for their “play areas” which can be found in most of their main restaurant. These areas also have crayons and other colouring supplies that are available for children. If you’re hungry or your children are bored, it is a great place to go. You can find everything you need here.
Background of Kentucky Fried Chicken Maximize profitability and increase shareholder value to ensure long-term growth. To sell food fast in an environment that is friendly to health-conscious and pride-conscious customers.
Vision StatementKFC is owned by Yum! Brands. Yum’s strategy and vision is to build on the success of their first tenyears and to grow, especially internationally. To consistently deliver high-quality products with a customer-focused approach. KFC is known for its quality food, which consistently delights customers all over the world. Their unique dining experiences make customers smile and keep them coming back for more. Their associates are taught to be customer maniacs all over the globe. They believe in building strong brands through outstanding marketing, innovative solutions and compelling values. They have a strong foundation of winning food and top-class operations.
Drive rapid unit expansion in all markets, especially in emerging ones, and build top brands in all major categories in China and India. They are also determined to increase industry returns by franchising, disciplined capital use, and to maximize shareholder value over the long-term.
Background and Global ImpactKFC is the brainchild of Colonel Harland Sanders. He was an entrepreneur and owned a Kentucky restaurant by the side of the road. During the Great Depression he began selling fried Chicken from his home. Sanders made the decision to franchise his business and expand it. In 1952, Kentucky Fried Chicken was founded in Utah. KFC made its first entry into South Africa in 1971. South Africa has 828 KFC franchises and approximately 90% of these outlets are owned by franchisees.
KFC is the number one fast food chain in the United States. They sell many products every day with 18,000 outlets across 115 countries. They are a profit-driven company and part of a private sector. This means that many of their activities can cause social, economic, or environmental problems. KFC employees are often paid a low minimum wage in countries with established minimum wages.
Strategic Importance and Corporate GovernanceCorporate Management Spur and KFC have to be mindful of issues such a transparency, integrity, accountability, integrity and social issues.
Why are transparency and accountability important for Spur & KFC?
Transparency is important in the decision-making process as everyone should know the who/what/when/how/why of big decisions made and this can make people feel valued and important and it also involves them in the business. This will create a positive work environment for employees and encourage them to do their best. The business should be accountable and employees should follow its lead.
Spur and KFC, both South African quick-service restaurants, target families with children. They must compete with high-quality competitors and win the trust of their customers. Transparency and accountability create trust between companies and customers. This will build customer loyalty and gain customers’ favor.
What is the importance of integrity for Spur and KFC’s?
This is the most important principle in leadership. A business that is trustworthy will be able to show its customers, suppliers, employees, and other stakeholders that it is honest. Integrity requires honesty with customers, suppliers and employees. KFC and Spur will benefit from this as their suppliers will trust them more, which will create a healthy and happy relationship. KFC and Spur will have integrity if everyone is honest. This will help the business run smoothly. KFC and Spur both can be trusted to keep their word. This is crucial because it makes them trustworthy and can help them in the future.
What is the importance of fairness for Spur and KFC?
Spur and KFC need to treat all people equally. They should not have any bias towards one or two entities. Spur and KFC will suffer if they practice discrimination. KFC and Spur have to be objective. This will ensure that the interests of all stakeholders are protected.
KFC and Spur can ensure fairness within their business by making sure that major business decisions are made in a fair and non-discriminatory manner. A mix of independent, executive and non-executive directors can ensure that the Board of Directors is fair. They can also make sure that directors come from diverse backgrounds and can agree on major decisions. Spur and KFC have to give their customers fair value for money. This will help customers feel satisfied and loyal, which in turn will increase customer loyalty.
Spur and KFC should have an environment that is non-discriminatory. You can achieve this by providing equal opportunities for employees and excellent working conditions. This will improve the morale of employees and will also help KFC’s productivity. This will ultimately increase Spur’s sales and profit.
