What is the relationship of collaboration and knowledge management to Coca-Cola’s business strategy? 3. How is Coca-Cola using knowledge management systems to execute its business model and business strategy? 4. Why is Coca-Cola’s relationship with its bottlers so important?
Some initiatives that are taken are pinpointing locations for distribution centers to make sure shipping goes a lot quicker and creating IT systems to send returns to suppliers faster. If Coca Cola does not make sure to invest money in storage and inventory, they can be overcome by competition. Operations: The factories of Coca Cola have to be able to cope with a huge demand of people wanting to drink beverages produced by the company. Therefore, also this activity has to be treated with high efficiency. The company sells their syrups to authorized bottling and canning operations, who, after their job is finished, deliver us with the Coca Cola we all know.
The team will determine how Dow’s initiative affects costs and sales. Team C must also describe the risks associated with the initiative and financial effects they may have. A strategic planning process delivers a set of defined initiatives (projects) that achieve a desired set of business goals (McDonald, 2007). A strategic initiative must be planned out and backed up with data to become an initiative worth undertaking. Dow Chemical increases its sales and eliminates risk by undertaking profitable initiatives.
SWOT is an acronym for Strengths; Weaknesses; Opportunities; and Threats. The Strength and Weaknesses are within the organization; whereas the Opportunities and Threats are beyond the organization in the external environment. Coca cola SWOT Strengths: Coca Cola is the world’s largest beverage company, and it is an extremely recognizable company. Thus, popularity is one of its strengths. To build up its image constantly, Coca cola would like to keep up with social media and technology to engage customers.
Company Analysis: PepsiCo and Coca Cola ACC 557 Name Date Instructor Introduction Various organizations around the world have a lot of share in the market. These organizations try to make sure that, they work in such a manner that, they have a competitive advantage in the market. Here, in the present paper, the discussion shall include two organizations. The first organization is PepsiCo and the second organization considered here is Coca Cola. These organizations are in the beverage industry and also provide various kinds of food products to the customers.
The different styles of management and leadership vary and is defined by those within the organisation, that of which the individual or individuals who are in charge of the organisation. With this being said effective management could only come into play if the individual posses several and many different qualities. They would also have to try different routes and strategies to make the organisation run smoothly and also effectively. For the manager to be able to manage a group of people the manager would have to combine several different leadership styles. These styles being of the following; participative, participative leadership is a style of leadership that involves all members of a team in identifying core goals and building procedures or strategies to reach those goals.
To be precise, Porte’s five force model will be discusses in the perspective of business rivalry, bargaining power and close substitute respectively. In that connection Coca-Cola realized that its manufacturing process, business strategies and designing should has the follow and adopt the globally recognized and acceptable standards. The coke smartly realized that this globally standardized strategy will be the catalyst to enjoy the economy of scales by producing in bulk without any worry about diversified designing and business strategies. Therefore, this realization with the study and implementation of Porter’s five forces model are key factors that give the competitive advantage to Coke over its only rival Pepsi.
PepsiCo SWOT Analysis “SWOT is an acronym for the internal Strengths and Weaknesses of a firm and the environmental Opportunities and Threats facing that firm. SWOT analysis is a widely used technique through which managers create a quick overview of a company’s strategic situation. The technique is based on the assumption that an effective strategy derives from a sound “fit” between a firm’s internal resources (strengths and weaknesses) and its external situation (opportunities and threats). A good fit maximizes a firm’s strengths and opportunities and minimizes its weaknesses and threats. Accurately applied, this simple assumption has powerful implications for the design of a successful strategy.” PepsiCo PepsiCo is one of the largest food and beverage companies in the world.
Servant leaders devote themselves to serving the needs of organization members and focus on meeting the needs of those they lead. By developing employees to bring out the best in them and coaching others to encourage their self-expression, servant leaders strive to facilitate personal growth in all who work with them. For any effective leader, he or she must listen and possess the ability to persuade, grow, and build a strong sense of community, but for the servant leader, these are necessary traits to develop, and demonstrate in one's daily interactions with others. However, it is easy to lose sight of these ideals, especially in an age where profits outweigh people, but servant leaders are able to take a step back, reflect, and put into daily practice these qualities to overcome such hardships and obstacles. Mark 10:43-45 “Not so with you.
Steven Reinemund – CEO of PepsiCo A manager must be a spokesperson for the company they supervise, and release important decisions and information to their employees and the public. Steven Reinemund, former CEO of PepsiCo stated on his LinkedIn™ profile that, “I thrive on the opportunity to take a Steve Jobs/Apple approach to ESTABLISHING what customers want and need by reading trends and anticipating needs, not just following and optimizing the competition’s products” (LinkedIn™). By stating that, Steven feels that customer satisfaction is very important in running a business and that by overachieving the customers want and needs, he is being an effective CEO. Being a great CEO takes a lot more than just being able to keep customers happy; it requires keeping employees happy also. Steven was not only good with customer satisfaction, but he was also a great interpersonal manager also.