KFC, also known as Kentucky Fried Chicken, is a fast food chain that specializes in fried chicken. It was founded by Colonel Harland Sanders in 1952, and has since become a global brand with over 22,000 locations in more than 150 countries. While KFC is a well-known and respected brand, it is not an independent company. Instead, it is part of a larger organization that includes a number of other well-known brands.
One of the parent organizations of KFC is Yum! Brands, Inc. Yum! Brands is a multinational fast food company that was founded in 1997, and is headquartered in Louisville, Kentucky. In addition to KFC, Yum! Brands also owns a number of other fast food chains, including Pizza Hut, Taco Bell, and The Habit Burger Grill. Yum! Brands is responsible for managing and overseeing the operations of all of these brands, including KFC.
Another parent organization of KFC is the QSR Group, which is a Chinese investment firm that owns a significant stake in Yum! Brands. The QSR Group is responsible for helping to fund the expansion of Yum! Brands and its various brands, including KFC, into new markets around the world.
In addition to these parent organizations, KFC also has a number of partnerships and sponsorships with other companies and organizations. For example, KFC is a sponsor of the National Football League (NFL) and has a partnership with the American Red Cross to promote disaster relief efforts. These partnerships and sponsorships help to further promote the KFC brand and increase its visibility and reach.
Overall, KFC is a global brand with a rich history and a strong presence in the fast food industry. While it is not an independent company, it is part of a larger organization that includes Yum! Brands and the QSR Group, and has partnerships and sponsorships with a number of other companies and organizations. These parent organizations and partnerships help to support the operations and expansion of KFC, and ensure that it remains a leading player in the fast food industry.
Leadership And Organizational Culture Of KFC
Retrieved April 4, 2014. The staff too is trained in such a way that will make families feel at home. Retrieved March 28, 2013. Communication can be achieved via different platforms, such as emails, memos, phone calls, meetings, teleconferencing, video-conferencing, speeches and presentations Cheney 35. The site has a separate section devoted to parent involvement.
Yum! Brands
Its biweekly e-newsletter is packed with the latest news, research and tools for action. In the US, KFC and Taco Bell are also offering contactless delivery services through Grubhub. While the US division struggled, becoming the weakest part of PepsiCo's restaurants division, elsewhere sales boomed, with particular success in Japan. . Retrieved February 5, 2013. Analysis: Communication, KFC, and Organization KFC has six levels on its organizational structure.
KFC and parent company Yum Brands will invest in local organizations
Basically this flat structure has encouraged employees to contribute to the decision making process by directly participating in it. It has different partners in the market which help it grow in the market like franchise partners, suppliers and vendors, marketing partners, and distribution partners. Retrieved February 16, 2013. Thousand Oaks, CA: Sage, 2005. The corporation has two operating subdivisions: The Parent Institute and The Teacher Institute.
KFC Foundation
This pricing strategy has been implemented by other food brands and chains later in their business models and succeeded, like KFC. A Model to align the organizational culture to Lean. To accomplish this mission, the institute generates and communicates new knowledge, and brings together community, state, and national leaders. David October 1, 1992. National Center for Community Education NCCE Since 1962, The National Center for Community Education, located in Flint, MI, has been the starting point for the Community Education movement. Ethics Ethics can be defined as moral guidelines which govern good behavior, so to behaving ethically is what deemed to be morally acceptable.