Slice of Reality: Changing Culture at Pizza Hut and Yum! Brands, Inc.
[2023-04-19 14:48:01]
Let's discuss about new cultural changes in Pizza Hut, especially Yam! Brand, company After its peel off from PepsiCo Inc., this article asserted that cultural changes would not occur in vacuum. It is an integral part of the company's fabric. As shown in the experience of Pizza Hut, in order to change the culture of the company, we must create compensation system, leader behavior, and organization design to support change. PepsiCo and Yam's business practices! It has a great influence on the culture made in each organization. As a result, after the change, Pizza Hut's sales at the same store recorded a record high, restaurant manager sales recorded a record high. (PsycINFO database record (c) 2012 APA, All Rights Reserved)
Pizza Hut specializes in the management of pizza restaurants and takeaway cottages. Pizza Hut is a subsidiary of Yum. Brands Co., Ltd. The history dates back to 1958 when Frank and Dan Kearney opened the first restaurant (datamonitor.com) in Wichita, Kansas. In 1973, Pizza Hut expanded to the international market. The restaurant is located in Islington, London, Japan and Canada. Pizza Hut is operating in 92 countries worldwide. As of 2009, Pizza Hut had 7,566 in the US and 5,715 outside the United States (datamonitor.com).
Let's discuss about new cultural changes in Pizza Hut, especially Yam! Brand, company After its peel off from PepsiCo Inc., this article asserted that cultural changes would not occur in vacuum. It is an integral part of the company's fabric. As shown in the experience of Pizza Hut, in order to change the culture of the company, we must create compensation system, leader behavior, and organization design to support change. PepsiCo and Yam's business practices! It has a great influence on the culture made in each organization. As a result, after the change, Pizza Hut's sales at the same store recorded a record high, restaurant manager sales recorded a record high. (PsycINFO database record (c) 2012 APA, All Rights Reserved)
Yum! Brands Inc is the owner of the worldwide Pizza Hut chain. Fortune 300 company, Yum! This brand has restaurants around the world including KFC, Pizza Hut, Taco Bell, A & W, Long John Silver. Yum! Worldwide sales in 2003 exceeded $ 25.9 billion and more than 33,000 restaurants in over 100 countries. According to the Financial Express article, the market size of the pizza market is about 87 million dollars, currently growing from 15% to 17% per year. According to the source of Pizza Hut, most of their stores are economically successful and encourage further expansion. In India, the average investment per store is 275,000 to 335 000 dollars that the franchisee will bear.