Individual Critical Analysis – Bega Cheese

Individual Critical Analysis – Bega Cheese
Student Name
Course Name
8October 2018

Executive summary
Bega Cheese Limited of Australia, formed in 1850s today is one of the leading cheese and
iconic food product producer and marketer. The firm has an established corporate governance
and corporate social responsibility. The firm is found in this research to be using a win-win
scenario where it monitors and ensures that the impact of the firm is not harmful to the event
and the society. The firm takes steps I minimizing its carbon footprint and create
extraordinary policies and welfare and development framework for its employees. The
stakeholders of the firm are all starting from its shareholders, staff, vendors, partners,
customers, and collaborators. The firm ensures everyone is getting a fair return on the time,
effort and money they are investing in the Bega Cheese brand. The overall brand image is
that of a socially responsible firm.
The paper finds that the business strategy of the brand is simple yet strong. The firm ensures
to use innovation on their side to create a responsible product, processes and work
environment for every individual associated with it. A lot of money is invested by the
company to make its products of high quality and use ingredients which are favorable to
human health.

Table of Contents
Introduction................................................................................................................................4
Current Bega Cheese Corporate Structure.................................................................................4
Bega Cheese Corporate Compensation Effectiveness...............................................................6
Risk management planning of Bega Cheese..............................................................................6
Internal and External Corporate Governance Mechanism of Bega Cheese...............................7

Introduction
A large number of Australian dairy making firms engaged in making cheese and other
specialty products based on diary are marketing themselves for competitive advantages. The
competition is high as most of the firms are competing globally. Bega Cheese is one such
firm who has been witnessed to be structuring themselves with highly effective and strong
corporate governance and uses CSR as their favorable marketing element (Bega Cheese,
2018). This paper is a summary of their CSR initiatives and the corporate governance which
is planned strategically for Bega Cheese.
Current Bega Cheese Corporate Structure
The case study organization, Bega Cheese is completely focused in the achievement and the
maintenance of the highest standards regarding transparency and accountability in its
management of the entire cheese business of Bega brand. The Board has long back
implemented varied policies of corporate governance and best practices which the brand
considered being standard and basic for consistent success and continued the expansion of
Bega Cheese brand along with enhancement of values for every stakeholder associated with
the brand. The Corporate governance principles and recommendations are framed with
mutually agreed basis with the shareholders of Bega (Mynuzee, 2018, p. 1-5).
As per the corporate governance statement, the company’s primary practices and policies are
in sync with the business objectives and recommendations. The Board of Directors of Bega
Cheese has played a major role in the development of the company’s corporate governance
guidelines by creating an infrastructure where management and Directors can all perse the
goals of Bega Cheese with the benefit created to its stakeholders. These frameworks are also
kept flexible such that it can give freedom to the firm to operate and conduct its business.