Management
Ya Kun Kaya Toast comprise two companies, Ya Kun Singapore, which manage the Ya Kun factory and two corporate outlets, and Ya Kun International, which oversee the chain of outlets and franchising activities. Adrin has an 80 percent share of Ya Kun Singapore and his younger brother, Algie, has a 20 percent share, with other members of the Loi family actively involved in daily activities, while Ya Kun International is fully owned by Adrin, with John Ong as managing director. Their corporate culture is conservative and people-centric, with emphasis on preserving their brand identity as their chengruo (承诺, "commitment" or "promise") to their customers, sustainable growth over actively pursuing new opportunities, nurturing family-like relationships among staff (they do not fire or retrench workers) and avoiding aggressive conflict with competitors. Although Ya Kun do not publicly disclose their financial figures, a 2009 news article in Lianhe Zaobao estimated that they had an annual revenue of S$8 million and 250 employees.
Read more about this topic: Ya Kun Kaya Toast
Famous quotes containing the word management:
“Why not draft executive and management brains to prepare and produce the equipment the $21-a-month draftee must use and forget this dollar-a-year tommyrot? Would we send an army into the field under a dollar-a-year General who had to be home Mondays, Wednesdays and Fridays?”
—Lyndon Baines Johnson (19081973)
“The care of a house, the conduct of a home, the management of children, the instruction and government of servants, are as deserving of scientific treatment and scientific professors and lectureships as are the care of farms, the management of manure and crops, and the raising and care of stock.”
—Catherine E. Beecher (18001878)
“The management of fertility is one of the most important functions of adulthood.”
—Germaine Greer (b. 1939)