Jollibee CEO Ernesto Tanmantiong just revealed his secret recipe for success, drawing from the lessons learned at the helm of the world’s fastest-growing Filipino fast-food giant.
In a speech during the Management Association of the Philippines, where he received a well-deserved award, Tanmantiong shared the franchise’s humble beginnings before it grew into the behemoth that it is today and dished out ways to replicate Jollibee’s success for those who would dare to venture into the world of business.
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Pick the right people. According to Tanmantiong, surrounding oneself with competent, passionate, and dedicated individuals is crucial. By acknowledging the limits of one’s knowledge and abilities, collaborating with professionals and like-minded individuals can elevate the organization’s standards and values.
Share the glory. Cautioning against the pitfalls of self-centered success, Tanmantiong emphasized gratitude and sharing achievements with contributors as essential for lasting success.
Positive vibes only. Tanmantiong’s mantra? Embrace constructive criticism and see setbacks as opportunities. It’s the recipe for personal and organizational growth, turning crises into stepping stones for progress.
Dream big with passion and commitment. His reality check—failures are inevitable, but they’re the launchpad to greater heights. Shared ambition fuels determination, helping teams overcome challenges and achieve long-term success.