Yum! Brands, Inc., based in Louisville, Kentucky, has over 50,000 restaurants in more than 150 countries and territories primarily operating the company’s restaurant brands – KFC, Pizza Hut and Taco Bell – global leaders of the chicken, pizza and Mexican-style food categories. The Company’s family of brands also includes The Habit Burger Grill, a fast-casual restaurant concept specializing in made-to-order char grilled burgers, sandwiches and more. In 2019, Yum! Brands was named to the Dow Jones Sustainability North America Index and ranked among the top 100 Best Corporate Citizens by Corporate Responsibility Magazine. Indian Academy of Entrepreneurship® (IAEGlocal) takes pride in incubating their business by putting Part Time Employment Model in place in India.
Industry: Quick Service Restaurants (QSR)
Start Up Name: People Resource Management (PRM) Restructuring
Chief People Officer: Ms Veenu Wadhwa
Commencement Year: 2012
URL: www.yum.com
Collaboration Stage with IAE™ is at UNICORN.
Since their spin-off from PepsiCo in 1997, they have become a truly global company led by over 2,000 world-class franchisees. In 2016, they successfully announced their Recipe for Growth, their multi-year growth strategy to become more focused, more franchised and more efficient.
Their Recipe for Growth strategy includes four growth drivers and is the foundation on which their sustainable, long-term results are built. These drivers will allow them to keep their promises to serve delicious food, make their food accessible to customers, give employees a place to grow and make a difference, offer opportunities for franchisees and deliver strong returns and long-term value. These growth capabilities are the key drivers of same-store sales and net-new unit growth and serve as their guiding principles in all business decisions.