Strategy Implementation of Coca-Cola Research Paper

Strategy Implementation of Coca-Cola - Research Paper ExampleThe present study would focus on the Coca-Cola Company. It has its headquarters in Atlanta, Georgia and well substantial systems, procedures and tools that align it to the structure in place to enable it cope with ever increasing competitive world. It creative and innovative culture has enabled it to keep in footfall with stiff competition from their main competitor Pepsi. The society has developed a strand of valuable resources in its people and the resources that it contains that enable the multinational to serve its customers with woodland and attractive products. The firm has employed a number of strategies so as to realize it objectives and visions, such as fair returns on shareholder value outgrowth value to the community. During the 2010 annual report, it is noted that the company adopted a number of strategies. As noted in their press release, the company has go along to increase the flashiness of business th rough innovation and diversification of its products into potential markets especially North America by building several brands such as Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitamin water, Powerade, atomic number 42 Maid, Simply and Georgia Coffee. Business analysts provide that the company has continued to deal out with volatile economic challenges in their pursuit of global business. The firm has as well as continued to invest in order to build solid brands of coke fuelled by marketing and promotional innovations. For instance, the open happiness campaign and FIFA world cup promotional programs drove growth and increased reputation of the coke brands. Furthermore, the firm has continued to pursue sustainable developments in the environments and education funding through corporate well-disposed responsibility imitative. Structure of the organisation The firm has a well organized organic structure that consist of shorter and learner span of control that ensure punctual deci sions are met effectively. It has a simple matrix structure that consists of divisions led and driven by projects (Mintzberg, 1979 Glueck,1980 Gilbraith and Nathason,1978). The firm has a both decentralised and centralised. The corporate leaders of the company have delegated authority to a number of line and tactical managers in all their divisions around the world so that faster and timely decisions can be arrived. This translates into better quality of service delivery to their customers. Mintzberg (1979) argues that it is pertinent for a firm to centralise some certain policies, as centralising certain essential matters that deal with strategy and strategic options of the overall firm ensures that control is limited and controlled appropriately. These include product and market development. It has also centralised forms of policies and values that every stakeholder should adhere to in discharging their duties and responsibilities. Chandler (1962), Mintzberg (1979) and Glueck (198 0) note that some essential matters that arise out of agency necessitate the corporate leaders to retain some authority and control to avoid defalcation of powers for their own interest and at the expense of the firm.. This ensures uniformity in their systems, procedures and techniques so that productions techniques and tools are similar to maintain a brand name and reputation of the company. For instance, destruction year it was in a process of improving the quality of brands by pursuing a healthier diet campaign in the United States of America. It also instituted a number of promotional tools that boosted its sales volume and drove its global competiveness higher than 5 %(