Professional Documents
Culture Documents
I. SUMMARY
The King Group of Companies was one of the largest conglomerates in the
Philippines. Its business ranged from food manufacturing to detergents to chemicals
to hotel services. The King Group had three flagship corporations; Alpha-King
Corporation, Kings Commercial Corporation, and Republic Kingdom Corporation.
Each flagship corporation had its companies and divisions, each involved in its own
line of business. The King Group had humble beginnings in 1951. It gradually grew
to what it is now largely due to the hard work of John King. By 1961, Alpha Foods
Company was established to manufacture and sell chocolate candies and coffee.
Eventually, biscuit products were included in the companys product line. Through
the years, Kings businesses experienced rapid expansion. Alpha Foods eventually
became just a division of Alpha-King Corporation. Kings Commercial Corporation
was into a five-star hotel, a shopping complex, a chain of theaters, a department
store, and a supermarket. Republic Kingdom Corporation was into poultry and hog
raising, vegetable farming, fertilizers, chemicals, flour milling, textiles, garments,
and snack foods, among others. It was only by the mid-seventies when he realized
that he could not handle the whole conglomerate by himself, that he started
pirating so called profession managers to run certain aspects of his businesses. But
despite this move towards professionalizing management, King saw to it that
managers to whom he would turn over operations were trustworthy. This is why key
operating managers in his businesses are usually veterans in that they had been
with the company for quite some time. This was so because before King gave full
authority to a manager, the manager had to prove that he could be trusted. Larry
Dy was one of the trusted men of King. And because of his educational background
as well as his fathers recommendation, King hired him as special assistant. He was
supposed to assist the President in almost anything as he usually describes his job.
II. ISSUES
The problem that mentioned seeming lack of coordination between the two
departments. They see both of them think that they are important. Without sales,
how can brand survive? But brand thinks that they are the ones calling the shots for
these brands so they are important.