Submitted by: Submitted by linkstop
Views: 284
Words: 1937
Pages: 8
Category: English Composition
Date Submitted: 12/16/2012 11:20 AM
YUM Foods
I. Current Situation
A. Current Performance- Yum Brands has performed well in the past year, bringing in a sizeable net income and a solid return for investors
* 14%EPS Growth
* +7% System Sales Growth
* +1,561 New Units Opened
* $1.3 billion Net Income
* +14% Increased Dividend
* $1.14 Annual Dividend Per Share Rate
B. Strategic Posture
* Yum brands has demonstrated an ability to deliver strong results even in the face of a challenging economic and macroeconomic environment.
* “Our objective to be the defining global company that feeds the world.
Four key business strategies:
* Build leading brands across China in every significant category
* Drive aggressive international expansion and build strong brands everywhere
* Dramatically improve U.S. brand positions, consistency and returns
* Drive industry-leading, long-term shareholder and franchisee value
II. Corporate Governance
A. Board of Directors- Made up of the following external members:
* David C. Novak - Chairman
* Jing-Shyh S. Su – Vice Chairman
* Michael J. Cavanagh
* David W. Dorman
* Massimo Ferragamo
* Mirian M. Graddick-Weir
* J. David Grissom
* Bonnie G. Hill
* Jonathan S. Linen
* Thomas Ryan
* Robert Walter
* Thomas C. Nelson
The Board members do own significant shares of publicly traded stocks. These members play a large role in the strategic planning and direction of the company. They are not merely figureheads or yes men but main contributors to the overall success.
B. Top Management – Yum Brands management is made up of a highly experienced and knowledgeable team. These members have many years of management experience and knowledge in running successful businesses. Many of the members also serve on boards or a CEO’s, Chairman, Etc. for other successful business’s as well, so there is a wealth of knowledge to be pulled from. Many of these top managers also serve on...