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Group 2

Tony
Tan
Caktio
ng
Family Background

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Tony Tan Caktiong was born on January 5, 1953 in a family
of Chinese immigrants, originally from Fujian and he is a
Filipino entrepreneur. He is the founder and chairman of
Jollibee Foods Corporation and the co-chairman of Double
Dragon Properties. Grace Tan Caktiong is his spouse,
William Tan Untiong and Joseph Tanbuntiong is his
brother, Carl Tancaktiong is his son and Virgie Tan Chua is
his sister.
Education

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Tony Tan Caktiong attended high school
at Chiang Kai Shek College and
graduated from the University of Santo
Tomas with a degree in chemical
engineering.
Why they went into business?

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Tony Tan Caktiong was a Filipino Chinese entrepreneur who set
up a two-outlet ice cream parlor business in the city of Manila.
It was 1975 when he began his business. His father used to
operate a kitchen in Fujian, China, which was where Tony’s
association with the food services business began. Even
though his ice cream parlor business was doing well, Tony
wanted to expand in the foods business – in the form of a fast-
food outlet chain. He was inspired by the global popularity of
companies like McDonald’s which was planning to enter the
Philippines during that time, but Wendy’s and Burger King
already had a presence in the Philippines.
Is the business successful?

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Yes, because Jollibee has spread to other
countries, many people are eating in
Jollibee and because of their low budget
meal, Jollibee gets our attention to buy and
save money. The proof of success is
Jollibee spread to other countries and
Jollibee succeed in business.
The values shown in the business that
inspires us the most is Speed with
Excellence in these values it shows
Values planning, deciding and acting
quickly, setting challenging goals
and executing well and constantly
find ways to improve and innovate.

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As a student we can apply these
values by also setting challenging
goals that motivates us to value in
achieving them and executing them
very well and finding ways to improve
Values
in the things that we can achieve or
produce something better.

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Links
• https://successstory.com/people/tony-
tancaktiong?fbclid=IwAR1eityah9D8Ts7CW0Qjoj8cBPLdybXGSeeUR
EW3e8fAiGoiLRZ1oSosB4A
• https://en.m.wikipedia.org/wiki/Tony_Tan_Caktiong?fbclid=IwAR3
1pSM-oqY-csOC7fP45jCQVD7iQaZe7ZqzTG7WgRJPg-2GU-n1lx_ONEg
• http://www.filentrep.com/success-stories/tony-tan-caktiong-
success-story-of-
jollibee.htm?fbclid=IwAR0Jqw1oLr9xMQWG5aJHVNhRndeAFMP-
2IGUN-wZF1IZ2WuHbWQcnIEbRWI

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