...Management activities, within Coca Cola Company, their objectives and how they are achieved 3 1.2 Two theoretical models of human resource management 5 TASK 2. HR PLANNING AND DEVELOPMENT 7 2.1. HR planning and development models within Coca Cola Company Georgia 7 2.2. Evaluation of effectiveness of HR planning and development models in achieving organisational objectives 11 TASK 3. PERFORMANCE 12 3.1. Monitoring of HR performance within Coca-Cola Georgia 12 3.2. Effectiveness of HR performance monitoring systems 14 CONCLUSION 15 RECOMMENDATIONS: 15 REFERENCES 16 INTRODUCTION The following report gives an understanding of importance of Human Resource Management, it shows the contributions of HRM to the organisational achievements. In the report the writer examines HR planning and development methods and suggests the ways to improve the HR performance. COMPANY BACKGROUND The Coca-Cola Company is one of the world’s top soft drink makers. Coca-Cola owns the best-known soft drink brands such as, Coca-cola, Diet Coke, Fanta and Sprite. this is an organisation with a history starting from 1892. The company’s flagship product, Coca-Cola was invented by a pharmacist John Stith Pemberton (The Coca-Cola Company, 2010). Coca-Cola is headquartered in Atlanta and it is currently offering 500 different brands in 200 different countries worldwide. TASK 1. HUMAN RESOURCE MANAGEMENT 1.1. Human resource Management activities, within Coca Cola Company, their objectives...
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...Performance appraisal of Coca- Cola I. Theoretical basis - Performance appraisal is the process of obtaining, analyzing and recording information about the relative worth of an employee. - Performance appraisal may be defined as a structured formal interaction between a subordinate and supervisor, that usually takes the form of a periodic interview (annual or semi-annual), in which the work performance of the subordinate is examined and discussed, with a view to identifying weaknesses and strengths as well as opportunities for improvement and skills development. - It is a structured formal interaction between a subordinate and supervisor, in which the work performance of the subordinate is examined and discussed. - In many organizations- but not all- appraisal results are used, either directly or indirectly, to help determine reward outcomes. That is the appraisal results are used to identify the better performing employees who should get the majority of available merit pay increase, bonuses, and promotions. II. General about The Coca-Cola Company 1. About coca- cola’s history - The Coca- Cola Company is an American historical multinational beverage corporation and manufactuer, retailer and marketer of nonalcoholic beverage concentrates and syrups, which is the headquarterd in Atlanta, Georgia. It is the world’s largest beverage company and no.1 brand according to fortune 2009 survey. - The Company is best known fo ít flagship product Coca- Cola, invented in 1886 by...
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...How Coca-cola hrm activities can help organization... HRM Activities: A case study of the Coca-Cola Company Human resource management (HRM) involves the management of employees in an organization. It involved various activities which comprises of recruitment and selection, training and development, rewarding and appraisal, motivation, directing, and controlling employees (Eslami N & Nakhaie H., 2011). HRM can also be referred to as the framework of philosophies, procedures, policies and practices used in the management of the existing relationship between employers and employees (Wilton, 2010). The five broad categories as discussed by Wilton (2010) include: a) Resourcing- The activities here comprises of HR planning where the HR manager must match the organization’s demand and the workforce supply. Recruitment, selection, induction, employment contracts management, talent management, and succession planning are all part HRM resourcing functions. b) Performance- This involved management of individual or group performance, and how the employees contribute to the organizational goal. The activities here included performance appraisals and goal-setting. c) Reward-The function involves designing and executing a reward system that covers individuals. It may be financial or non-financial. d) Learning and development- The function involves identification of an organization, individual and team requirements. The HR manager then designs and implements a training...
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...hr policy of coca cola company HUMAN RESOURCE POLICY OF COCA COLA COMPANY HUMAN RESOURCE MANAGEMENT WITHIN COCA COLA Human Resource Management at CocaCola Company has many advantages. It isa global company and it is impossible tocreate certain policies or proceduresapplicable in all divisions of thecompany, cultural and politicaldifferences need to be taken into account. JOB ANALYSIS AND DESIGNING Coca cola company HR department has itsown job description and job analysis inwhich they get the information aboutemployees work activities, humanbehavior, performance standard, jobcontext and human requirements and alsoother information related to his conduct. PLANNING AND FORECASTING Coca cola HR department involves incompany strategic planning and they alsomake sufficient planning for hiring newemployees in the future. They forecast forthe expected employees needs in theorganization. They forecast their employeeson the basis of change in technology andincreasing in productivity RECRUITMENT POLICY Coca Colas recruitment process is wellestablished .First of all HR Department give ads innews papers, company website, institutions etc.Then application form, from candidates withrequired documents and CV is asked for and thenanalyzed. Recruitment is both-Internal recruitmentExternal recruitment TRAINING POLICY After recruiting the fresh employee ,they aretrained for three months and also paidsalaries...
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...organization in compliance with legislation and provide protection against employment claims * Document and implement best practices appropriate to the organization * Support consistent treatment of staff, fairness and transparency * Help management to make decisions that are consistent, uniform and predictable * Protect individuals and the organization from the pressures of expediency A policy should include purpose, scope, responsibilities, definitions, questions, effective date, review date and approval. Organizations commonly have written policies in the following areas for code of conduct, confidentiality, conflict of interest, working conditions, attendance, hours of operations, termination, recruitment, compensation, performance management, learning and development, overtime, privacy, employee information, compassionate leave, vacation, sick Leave, unpaid leave, health and safety and workplace Violence Nestlé Nestlé is committed to the following Business Principles in all countries, taking into account local legislation, cultural and religious practices: EMPLOYMENT POLICIES The Corporate Business Principles outline the Company’s commitment to fully endorse and to respect a series of principles and international conventions concerning employee’s rights, the protection of children against child labour and other important issues. Even suppliers and providers of outsourced services are informed of the Corporate Business...
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...The case study is about Coca-Cola. In 1999 there was a discrimination lawsuit filed against Coca-Cola - and Coca-Cola lost. It took many years for Coca-Cola to change and welcome members of other races. This is information you should be able to find on the Internet. The case starts with a CEO named Investor and ends with a CEO named Isdell in 2004. The traditional change model consists of 3 steps: unfreezing, change, refreezing. Apply this model to the Coca-Cola Company at the points when the lawsuit was served in 1999. Unfreeze Unfreeze represents the stage before the change occurs the point at which the status quo ends. Organization determine the need for change and develop messaging that details why current ways will no longer work. Old customs and norms are replaced. As this happens, employees experience uncertainty about how changes will impact them. This uncertainty may lead to a fear of change that may, in turn, spur dissent. Change During the Change stage, organizations incorporate new behaviors, and employee uncertainty eases. Communication and training are essential to help employees understand their roles in making change happen. As organizations foster this understanding, people start to buy in to the new ways that will support the organization’s new vision. Employee are most likely to accept change if they understand how the changes will benefit them. However, some people particularly those who benefit from the status quo may be adversely impacted...
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...Diversity at Coca Cola Karrie McHugh Managing Global Diversity/Keller Coca Cola thought they had it all. Their product was selling rather well when they first started. They found through studies that one in every four people were drinking a soft drink and most of this early on was Coca Cola. In 2002, they were still doing great with over $3.9 billion in netted profits. They not only sold in the United States but in over 200 countries all together. They even diversified their product to where it was not just coke. They sold sprite, Diet Coke, and many others. The biggest hardship that they ran across was when they started their marketing trying to become diverse to who they sold to. That is when they started to sell their products in Africa, Europe, Asia, etc. But the problem was with the workforce and not who they were selling to. In 1999, they received a lawsuit that they were discriminating against their black employees. They did not get reasonable promotions, pay and evaluations. This was really a big strike against Coca Cola and began to affect them negatively because their consumers were largely made up of African Americans and Latinos. Coca Cola thought they were diverse because they aided Nelson Mandela’s fund raising tour and helped the South African’s with the antiapartheid cause. But the big problem was they did not do for their employees. The idea of diversity seemed to be...
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...1) Documentation of at least three initial scholarly sources from the library a) Sellers, Patricia Woods Wilton (1997-10-13) "WHERE COKE GOES FROM HERE". b) Hiebig, Roman G, 2003 The Successful Marketing Plan c) Pendergrast, Mark 2nd edition, 1994 “For God, Country and Coca-Cola” 5. Preliminary analysis of leadership and Organizational behavior concept: Coca-Cola launched “Project Kansas” which was their secret mission to reformulate Coke. This blunder was overseen by key Coca Cola executives CEO, Roberto Goizueta, Ike Herbert, chief marketing officer and Sergio Zyman, senior VP-Marketing (Pendergrast, 1994). They uses the matrix departmentation concept where they utilize the both the functional and divisional departmentation concept. Using the functional structure Coca Cola’s teams or group are created based on common functions from a bottom-up manner President and CEO, Presidents of research and development, marketing, finance, human resources, and under them managers. They are controlled and coordinated from Coca Cola’s top management level. With the use of the divisional structure within Coca Cola teams are organized in set of divisions. Each of their divisions has its own set of functional units President/CEO then Presidents and under them Vice Presidents the organization’s divisional managers run company operations in a general region of the globe. The functions of each vice president are divided into functions such as human resources, innovation/research...
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...VIZAG STEEL The Visakhapatnam Steel Plant was designed way back in late 1960s but by the time its chief Consultants - MN Dastur & Company's - report and revised reports were accepted in 1984 to start construction, it had become the most expensive steel plant ever to be constructed, deisigned to produce about 3 million tonnes (Mt) of processed steel per year. Its efficiency model was designed after the Pohang Steel Plant in Korea. The Visakhapatnam Steel Plant is the first ever shore- based steel plant in India, and outside the traditional coal belts of Dhanbad–Jamshedpur areas.Vizag Steel, also known as Visakhapatnam Steel Plant steel company based in the outskirts of Visakhapatnam, India. Its main plant is located 26 kilometers from Visakhapatnam, Andhra Pradesh, it is among India's premier steel mills. It has also been conferred the Mini Ratna status. Its vision - Infrastructuring India. Vizag Steel bagged the first prize in Energy Conservation constituted by Ministry Of Power, Government Of India, consecutively for the last two years primarily due to its focus on energy conservation, cost reduction and waste utilization. Vizag Steel Plant today is among the lowest cost steel producers in the world. The Visakhapatnam Steel Plant has been awarded the Safety Innovation Award - 2006 by the Institution Of Engineers for its "outstanding contributions in the field and adoption of the best and the most innovative safety practices". The plant was awarded the Prime Minister's...
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...The goal of this project is to provide Human Resource Professionals with useful guidelines for developing and implementing performance management through rewards. Performance Management are the strategies and techniques that emphasizes on performance of employees as a way of achieving managerial goals and objectives (Murlis p.78). Performance management also refers to perfecting, harmonizing and promoting quality of employee work to ensure customers satisfaction thus leading to high return to stockholders. Performance management foster clarification of task and expectations, improvement of individual and organizational productivity and provides a basis for making employee-related decisions (Shippmann p.605). In conclusion Performance Management uses Human Resource strategies such as reward systems and performance Appraisal to motivate employees towards performance. Performance management can be viewed as a tool to improve on employee motivation for high performance (Cokins, p.58) With the view of finding out the impact of rewards I conducted an interview with the Human Resource Manager, Mr Brandon Jefferson of Coca Cola Kenya branch. Mr. Jefferson said that Coca Cola performance largely depends on employee inputs and outputs. He said that their employees are rewarded annually through intrinsic and extrinsic rewards. He noted that at the beginning of the year the company records its highest profit margin of more than 12%. This is because this period follows the annual motivation...
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...lives. For example, the clothes that we buy from a local retailer, incoming network Woolworths; can be manufactured in Australia or China. Entering into an outside business sector is similar to running across new domain for entrepreneurs. Remote nations have diverse laws, economies, business methodologies and coin. Social contrasts can additionally obstruct a nation's prosperity. Despite the fact that each business ought to suspect a tremendous learning bend, entering a remote business sector could be simpler with the reception of a couple of techniques (Krishna, 2005). Coca Cola One of the most popular carbonated drinks in stores, restaurants, and confection machines is coca cola and not just in one or two countries but it has got its operations worldwide. It is conveyed by The Coca-Cola Company of Atlanta, Georgia, and is customarily suggested fundamentally as Coke (an enlisted trademark of The Coca-Cola Company in the United States since March 27, 1944). In the first place the company was started with a medical patent and that was back in the late nineteenth century. The person who got this patent was John Pemberton. one of the leading and famous business man of that time Asia Griggs Candler was the one who acquired the company and it his strategically planned decision that showcased the company with great success overall the world. This all took...
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...Coca-Cola (China), Key Success Factors Analysis [pic][pic][pic] Coca-Cola company from its inception in 1886, has been its delicious carbonated beverage products has swept the world, after enduring 117 years. Coca-Cola entered China in 1927, for some reason after the withdrawal of return to China in 1979, and set up a Coca-Cola (China) Limited. Now Coca-Cola (China) Co., Ltd. has become China's largest beverage joint venture, each of the taxes turned over to the country reached three billion yuan. 20 years, Coca-Cola (China) Co., Ltd. has achieved excellent results, has become a pioneer leader in soft drink sales market is regarded as specimens of the same industry and model. Coca-Cola Company is able to do in China, made such a huge success? Through the Coca-Cola (China) Beverages companies personal work experience, I am deeply aware of: Coca-Cola Company is not only a brand to create a company, but also a base for training and practice, is fast moving consumer goods industry, 'Whampoa Military Academy'. It seeks to create all the conditions for their employees to play the staff expertise to develop the skills of employees, and tap the potential of employees, truly make the best use. Coca-Cola Company is the culture of the achievements of these talented of the brand. Therefore we can say is unique and effective human resources strategy for making Coca-Cola Company to create a spectacular performance, becoming the world's No...
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...The Coca Cola Company is a global company that has been around for 126 years. During this time, the company had many changes in economic trends, information technology, competition, new products, categories, and strategies. Coca Cola primary product it´s Coke, followed by Diet Coke. In its product line Coca Cola has a total of 650 brands (U.S.A), 3500 brands worldwide. Forty-three percent of stores in the world carry Coca-Cola products. Everyday Coca-Cola sells 1.8 billion servings of its beverages all over the world. Human Resource management at Coca Cola Company has many resources and restrictions. It is a global company and it is difficult to create certain policies or procedures applicable in all divisions of the company, political and cultural diversity need to be taken in account. Management at the Coca Cola Company focuses on the acquisition of highly skilled and knowledgeable employees so that it can maintain its top position in the market. It provides conditions of employment that enables all employees to develop a sense of unity with the company and to carry their duties in the most willing and effective way. These strategies, policies, objectives and programs are in correspondence with the organization´s mission, objectives, strategies, policies and guide the management and union in taking decisions. | | ...
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...Liabilities. Bankers and analysts use this ratio to understand a company's ability to pay short-term obligations, its liquidity. A company is generally judged "liquid" if its current ratio is 2-to-1 (though there are differences by industry). Example: Current Ratio=Current Assets Current Liabilities Liquid Measurement Ratio | Coca-Cola’s Current Ratio | 1.13 | Liquid Measurement Ratio | PepsiCo’s Current Ratio | 6.40 | This 2-to-1 ratio is a fairly conservative number and may not reflect the particular industry being examined where the ratio may be closer to 1.5 to1. Just using the 2 to 1 relationship, a banker would say that this company is a safe bet. What the banker is saying to himself or herself is that at least 50% of the current assets can be converted into cash reasonably fast. Since PepsiCo’s current ratio was calculated to be 6.4 as compared to Coca-Cola’s which was calculated to be 1.13; PepsiCo has more assets which can be converted into cash than Coca-Cola by a ratio of approximately 6:1 respectively. The reason for this is that PepsiCo has more diversity of product which includes beverages, and snack foods as compared to Coca-Cola which has mainly beverages. The current ratio gives some indication of the company's ability to pay its current obligations when due. In general the higher the ratio is the greater the cushion. (e.g., 2:1 ratio indicates that for every $1 in liabilities, one has $2 to pay those liabilities). If this ratio is too high, as it...
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...9/8/2015 PGDM/MBA Material: Case Study- Cola Wars Continue: Coke and Pepsi in the Twenty-First Century www.mbapgdmstuff.blogspot.com Home Human Resource Marketing Information system management Images You are visitor # Case Study- Cola Wars Continue: Coke and Pepsi in the Twenty-First Century 110,588 Search This Blog Translate Select Language ▼ Category Assignment Business Communication Business Environment Business Law Case Study Compensation MAnagement E- Business Summary: "Cola Wars Continue: Coke and Pepsi in the 21st Century” explains the economics of the soft drink industry and its relation with profits, taking into account all stages of the value chain of the soft drink industry. By focusing on the war between Coca‐Cola and PepsiCo as market leaders in this industry – with a 90% market share in carbonated beverages – the study analyses the different stages of the value chain (concentrate producers, bottlers, retail channels, suppliers) and the impact of the modern times and globalization on competition and interaction in the industry. Analysis: It is quite clear that there was a “war" between Coca‐Cola and PepsiCo: not only have they been rivals for entrepreneurship For your Information Formates Human Resource Management Human Resource Mangement Human resource Planning Indian Labour Law Industrial Relation Information system Management International Marketing ...
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