Thursday, May 9, 2019
How Coca-Cola Motivate Its Employees Research Paper
How Coca-Cola spark Its Employees - Research Paper ExampleThe researcher states that since its inception in 1886, Coca-Cola had been patronized by millions of consumers globally. Now in its 129 years of business existence, Coca-Cola has announced organizational changes to enable sustaining market leadinghip in a board market. The ability of the organization to institute strategies that adapt and adjust to changing needs of the times affirm their competencies of its leaders to manage change in an ever-transforming global environment. Previous news items announced Coca-Colas strategic changes in terms of reorganization of operating structure, as well as changes in leadership compositions. Other ventures in acquiring beverage companies were also noted in conjunction with venturing into unfamiliar territories, hoping for potential future evolution. The Coca-Cola Company has reported providing its employees with a comprehensive benefits package which allow ins the following health an d welfare, protection for the unexpected, workplace incentives, espousal assistance and quality-of-life benefits, and finally, financial rewards. Under the health and welfare benefits, the official website of the organization stipulated that the following incentives are provided to the employees Medical, Dental, unintended Death & Dismemberment, Group Life Insurance, Dependent Life Insurance, Flexible Spending Accounts, Business Travel stroking Insurance, Short-Term Disability, Long-Term Disability, Survivors Benefits Program and an Employee Assistance Program with confidential counseling services. Moreover, the financial rewards complicate educational benefits, retirement plans, discounts and conveniences, rewards and recognition, as well as Matching Gifts Program. The current workforce was reported to include as much as 130,600 associates and more than 700,000 system employees worldwide. With diverse plans to expand into other unfamiliar territories, it could be deduced that t he workforce would continue to grow and would adapt to the changing needs of the times. From among the announced changes, the composition of leaders was noteworthy. The sexual union the States market was divided into two (2) operating units Coca-Cola North America and Coca-Cola Refreshments, which were led by impertinently appointed leaders. Likewise, another operating structure, the Coca-Cola Americas, was reported to cease in existence where the affected structure, the Latin America group was allegedly transferred under the jurisdiction of Coca-Cola International.
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