Business Innovation Strategies for Nestle Australia Limited

This presentation examines the business systems and innovation strategies of Nestle Australia Limited, a leading food manufacturing company. It explores various innovation ideas, particularly focusing on improving employee efficiency through training programs. The presentation justifies the chosen innovation, evaluates its feasibility in meeting organizational requirements, and discusses the need for specialized assistance. It also analyzes the potential impact of the new system on employees, resources, and organizational practices, including communication plans, learning and development strategies, and monitoring for continuous improvement. The operational plan includes budget, timeline, and responsibilities. The presentation concludes by highlighting the benefits of innovation, such as increased revenue and customer attraction, while acknowledging potential challenges like employee resistance to change. References to relevant books and journals are also included. The presentation also mentions the feedback which suggests adding slides for feasibility, organizational impact, and the need for specialized assistance.

Introduction
 Business systems refers to designing of system to connect all the intricate parts and the steps that are
interrelated to work in team and achieve the organisational goals.
 Nestle Australia limited is a public company which is ranked at at 198 the position out of 2000
companies in Australia.
 The company mainly earns majority of its income from manufacturing of food product in Australia. The
products of the company are Nescafe & Nescafe Dolce Gusto,Nespresso, Nesquik, Uncle Tobys - Cheerios,
oats, snacks and plus, Maggi, Carnation,Milo, KitKat, Allen's, etc.
 In this presentation the discussion will be based on rang of innovation in organisation. Next the it will discuss
justification of chosen organisation.
 The study will be on potential impact on new system employees, resources, organisations practices. Further the
study will discuss learning and monitoring strategies in organisation.

Range of innovation ideas and options
 The company innovates the changes on the marginal level and
the scale of newness in the company is of new version.
 The business objective is to grow and promote the business.

Justification on implementing ideas, techniques and challenges faced during its
exploration in market
 Idea is related to increasing efficiency of employees in Nestle that help in increasing productivity as well as
profitability of the company.
 For implementing this idea into Nestle provide training programme to them that help in gaining knowledge
regarding system that is provided to business for enhancing future operations.

4. Feasibility and ability of selected idea to meet organizational requirements
 Idea that is taken into account is improving efficiency of employees by providing them effective training that help
them in learning various aspect of system that will be implemented into Nestle.
 As employees efficiency is increasing that lead to provide feasibility in business and enhance productivity as well as
bring more opportunities and enhance different perspective that lead to create changes in Nestle.
 This will help in improving productivity and enhance future techniques that lead to assist different changes that will
be made in Nestle for improving different perspective and meeting organization objectives.

Need for specialized assistance in terms of coaching and training
 For improving efficiency of employees proper training and coaching is being provided by Nestle for
enhancement of business operations.
 This help in improving their skills and knowledge that create different perspective for Nestle in
providing changes in business. For the purpose of making employees specialized these training help in
accepting changes and implementing them efficiently for the future course of action.
 Special assistance is provided by employees that are organizing training program for other and
implementing new ideas and innovation in Nestle. Development in business is essential so that help
employees improving their performance.
 This lead to enhance various segments that bring more opportunities and evaluating different
perspective.

Impact of new system on people, resources and practices of organization
 New system that is implemented into business is having adverse impact on Nestle as people may not be able to
accept change easily as it takes time to understand concept of new system that is being used by the company.
 On the other hand, this also having impact on resources as changes may lead to provide increase in operational cost
as resources are required for running that system effectively so that increase operational cost of Nestle.
 Various practices have been introduce that create effectiveness and accepting changes that have been made in
business. By providing proper techniques that lead to enhance business operations.

Operational plan comprises of budget, timeline and responsibilities
 For effective improvement in idea that help in providing training to employees by manager that help in carrying
out into different segment that provide operational effectiveness in business.
 For organizing training program $ 110 will be used for providing various changes that lead to increase efficiency
and effectiveness and create credibility in making decision regarding implementation of system into Nestle.
 A certain time period is required for providing training to employees that help in enhancing more opportunities
and enhance productivity for the future.
 Manager of Nestle is responsible for the purpose of providing different techniques that may lead to accept to
challenge

Communication plan for introducing new system
 This will be enhanced as providing changes and creating various aspect that lead to
emphasize on introducing new system. As information will be conveyed to different members
of Nestle as through verbal communication Chief executive officer transfer information
through open mode of communication to director of Nestle.
 On the other hand, director further transferred it to manager by using written
communication in enhancing various activities.
 Through this information will be transferred from one employee to another. Effective
communication between employees help in future growth and bring effectiveness in working
operation of Nestle.

Learning and development strategy
 For enhancing learning and development strategy that help in evaluating various aspect
as it create changes that develop different strategies as it help in developing that
enhance operations of Nestle.
 These strategies help in developing growth and provide more opportunities for employees
that enhance creativity.
 By implementing various strategies that help in involving different perspective that lead
to bring changes in Nestle. Learning will be enhanced in business by applying changes
that help in evaluating effectiveness in gaining more opportunities.

Monitoring and evaluation for continuous improvement of developed system
 After successful implementation of system into Nestle testing is being done on that system that is developed into
business.
 Testing is being done that provide changes and evaluating different changes in Nestle as suggested by other
employees in the company.
 Improvement can be done by evaluating different perspective that provide changes and gaining various aspect
for the future.

CONCLUSION
 Adoption of innovative system helps the company to increase its revenue and attract new customers towards the
company product and services.
 Adoption of innovation in nestle bring change management in the company due to which employee may resist to
adopt the changes easily.

REFERENCES
Books and Journals
 Coffing, D. and Bonfiglio, L., 2017. Transaction system for business and social networking. U.S. Patent
9,600,674.
 Dutt, N. and et. al., 2016. How open system intermediaries address institutional failures: The case of business
incubators in emerging-market countries. Academy of Management Journal.59(3).pp.818-840.

Feedback
• You need to add a slide for Point 4 – Selected ideas and
options in terms of Feasibility and Ability to meet
organizational requirements.
• You need to add a slide for Point 6 – Potential impact of
the new system on people, resources and the
organizational practices.