MGT4225 Business and Commercial Awareness: Assignment
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Added on 2021-06-30
MGT4225 Business and Commercial Awareness: Assignment
Added on 2021-06-30
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1ModuleTitle:BUSINESSANDCOMMERCIALAWARNESSModuleCode:MGT4225AssignmentTitle:INDIVIDUALREPORTDate:8/11/2020Lecturer:Section:B1StudentInformation:(Donotincludeyournameunlessyourtutorhastoldyou todoso.)Name*StudentID*☒I(we)havesubmitted oneprintedcopyofmy(our)assignment boundtogetherANDoneelectronicversionviaBlackBoard.☒I(we)havereadthroughmy(our)workandtocheckforerrorsinspellingandgrammar.☒I(we)are happyformy(our)work tobesharedwithfuturestudents.☒*Tick()theboxnexttoyourname,agreeingtothe‘AcademicConduct’Statement.I (We) certify that this piece of in-course assignment is my (our) own work, that it has notbeen copied from elsewhere, and that any extracts from books, papers or other sourceshave been properly acknowledged as references or quotations. In addition, I(we) agreethat theelectronicversionofthisassignmentmaybesubject toelectronicanalysisforthedetectionofcollusion,plagiarismandotherformsofunfairadvantage.
TableofContents1.Introduction...................................................................................................................................32.SituationalAnalysis........................................................................................................................33.Totalemployee of CocaCola........................................................................................................34.Employeeengagement...................................................................................................................35.Employeecostandturnover..........................................................................................................36.SolutionMatrix..............................................................................................................................37.Appendix.......................................................................................................................................48.References.....................................................................................................................................5
GROUP6EXECUTIVESUMMARYReport based on Human resource department of Coca-Cola. This report discuss more onissues of Coca-Cola of short term and long term and its reasons. Besides, Human resourcemanagement consideration on employment rate and turnover by identify the right track tosolve.However,clearlystatethatCoca-Colareportwillshowsthemwaystoimprovetheirmanagementandcompanyprogressbyimprovingemploymentskills.INDRODUCTIONCoca- Cola well known soft drinks brand since 1886 by DR. John Pamberton. Now there aremore than 500 soft drinks under Coca cola such as Fanta, sprite and others. Next, totalemployee of Coca -Cola from each branch are 700,000. Coca - Cola main branch located atAtlanta,Georgia.SITUATIONALANALYSISOBJECTIVES(CHIEFHUMANRESOURCE)1)Hireatalentandresearchdevelopmentto innovatenewproductand increasecustomerbaseby15%in2025(Longterm).Hiretalentforresearchanddevelopmenttoarrangeaneffectiveproductionplanandaccuraterecordkeepingsystemby10% in2021(Shortterm).Effectiveemployeetrainingtoreducelabourturnoverby20%in2023(Longterm).Effectiveemployeetrainingtoreducelabourturnoverby15%in2021(Shortterm).
TOTALEMPLOYEES OFCOCA-COLAThetotalemployeeare700,000highestworkersare atAtlanta whichishost country50,000because the main process of all beverages at Atlanta Georgia. Appendix 1 shows thepercentage of employees working fulltime, voluntary turnover rate, new hire rate andabsenteeism. Each countries have different company size because Coca-Cola distributetypes of products in different countries. Next, Coca- Cola highly focus based on tastedemand in each country. Diversity workplace brings added values and key growth ofbusiness. It’s always play important roles in business as creativity, innovation andprofessional. Based on appendix 1 each country has different total employee according tocompany size.EMPLOYEEENGAGEMENTINDEXIn 2019, Employee Engagement Index score improved by two percentage points from 2018,to90%.EmployeeParticipationquitehighat87%of ourpeopleperformanceincreasing withsurvey research. Appendix 2 shows the CEO measure each employee’s engagement atworkplace.Thesurvey conductingpurposeofimprovingservice.EMPLOYEESTRAININGCOST ANDWAGESCoca-Cola United States choose Training I specialist for employee training program and thecost between “$48,368 to $53,015”. Training I specialist giving specific training requires,additional skills and workshop for employee and managers. Monitor employee by effectivemethods as group training gives better feedback on performance and use for developmentpurpose.Next,Coca-Colapaysemployeewagesaveragefrom$12.49to$30.26.HUMANRESOURCE TARGET2025
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