Coca Cola Corporate Strategies Implementation

Coca Cola

Coca Cola
Table of Cont
Coca cola corporate or business strategies implementation............................................................2
Systems........................................................................................................................................2
Recommendation.........................................................................................................................2
Structure.......................................................................................................................................2
Recommendation.........................................................................................................................3
Culture..........................................................................................................................................3
Recommendation.........................................................................................................................3
People/HR....................................................................................................................................3
Recommendation.........................................................................................................................4
Change management....................................................................................................................4
Recommendation.........................................................................................................................4
Government..................................................................................................................................4
Recommendation.........................................................................................................................5
References........................................................................................................................................6
Coca cola corporate or business strategies implementation
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Coca Cola
 Systems
It has been observed that Coca Cola has good corporate governance in which the long
term interests of the shareholders are promoted. The focus is also given by the company on
strengthening the board and management accountability which will help in boosting the trust
(Lu, Lu, Gursoy & Neale, 2016). The board of directors has created corporate governance
guidelines in which the proper framework is given so that it can be easy to address the issues
related to mission, responsibilities of the directors, qualifications of the directors and also board
committee structure. It is the responsibility of the board to review the development in the overall
corporate governance guidelines (Gasparski, 2017).
The company focuses on maintaining the commitment at the time of conducting the
routine activities and they emphasizes on never indulging themselves in corruption which
consists of bribery. The Anti bribery policies are considered by the company which offer fair
guidance to manage the overall operations in a fair and in an ethical way (Coca Cola, 2019).
Recommendation
It is recommended that new department should be created by the company named as
“corporate governance system”. This department should focus on considering the guidelines
given by the directors. The employees employed for the particular department should conduct
audit process on a regular basis, as it can help in minimizing the issue related to corruption and it
will help to maintain proper control over the organizational activities.
 Structure
In Coca cola, the cost leadership and functional structure is considered in which the focus
on maintaining the job roles of the employees in a structured manner. In this it has been observed
that company focuses on maintaining the lowest prices so that it can be easy to decrease the
costs. The management wants to maintain the labor costs so that the benefits given to the
employees can be enhanced (Coca Cola, 2019).
In context to differentiation and functional structure, it has been seen that the divisional
managers has the responsibility to run the overall activities in the general specific region. The
main functions of the vice president are divided in to the functions of human resources,
innovation, marketing and public affairs. The research and development department focuses on
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