Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Business strategy of coca cola company

20/11/2021 Client: muhammad11 Deadline: 2 Day

Coca Cola Implementation Plan

Rewrite this paper
Implementation Plan
Objectives
The objectives of the strategic plan are to build upon the already successfully developed business structure for Coca-Cola, and continue a successful path for the growth of the business. The strategic plan will allow Coca-Cola to create goals and more value for the business and its brands.

Functional Tactics
The functional tactics for the strategic plan focus on activities that can be accomplished as soon as possible. Coca-Cola will separate each strategy recommended and develop upon them immediately. In the generic strategy Coca-Cola will analyze cost and differentiation of their current markets and provide feedback of the current conditions. In the grand strategy Coca-Cola will analyze the current markets and regions for necessary changes or innovations that may be necessary for growth. The global strategy will focus on supporting our current global markets while finding new global markets to move into.

Action Items
Action items for Coca-Cola are tasks that need to be addressed immediately. The current action items for Coca-Cola are the investment in technology and more efficient logistics to support the analysis of costs for the focus strategy. Cost leadership will require Coca-Cola to find lower priced ingredients for the manufacturing process or purchasing the ingredients in larger bulk for a lower price. The grand strategy will require immediate action upon the current markets with advertising and innovation for domination and growth. Coca-Cola will also focus in on organizational operations to reinvest in employees and the company.

Milestones & Deadlines
Milestones will include monthly progress reports for each strategy, the successful execution of action items, and the overall success of each strategic plan and its goals for the company. The deadline for the strategic plan’s full implementation will be 2 years after the start date. The strategic plan will be reevaluated and adjusted each quarter as necessary.

Tasks & Task Ownership
Tasks will be given by the CEO to each of the team members as necessary. Each team member will be placed on one of the strategic plans exclusively with another member and expected to work cohesively to carry out the plan. All team members will collaborate each quarter and aid each other as necessary on all plans.

Resource Allocation
Coca-Cola currently has multiple resources that will allow the successful implementation of the strategic plan. All team members are able to allocate resources as necessary to their strategy. Each quarter the team will approve the initial plans of resource allocation and be available for collaboration if necessary to reevaluate.

Organizational Change Management Strategies
Change management strategies are recommended for The Coca-Cola Company which can improve the success of the implementation plan. The organizational change management strategies to be applied for The Coca-Cola Company are a combination of generic, grand, and international strategies as well as value disciplines. Generic strategies in the cost leadership strategy will provide The Coca-Cola Company with product positioning through strategic pricing methods as compared to key competitors in the industry by reducing production costs as well as producing products on a large scale to minimize operating costs. Value disciples in operational excellence is another strategy to be applied. Operational excellence has key drivers that are geared towards product volume, costs, and efficiency. This strategy has the potential to streamline the processes as well as standardization of products to reduce costs which works well in conjunction with the focus leadership strategy.

Grand strategies are aimed in achieving the long term goals and objectives of The Coca-Cola Company. While there are different types of grand strategies that are available, for The Coca-Cola Company these grand strategies are focused on growth. This can be achieved by implementing growth strategies that focus on expansion through operations, product development by modifying existing products that can be remarketed to consumers as well as introducing new products to consumers to earn premium margins for new products and horizontal integration by acquisition growth of similar companies.

Because The Coca-Cola Company operates in the domestic market and the international market, applying international strategies for the company should be considered. International strategies should focus on globalization. Since The Coca-Cola Company has already established recognizable logos and trademarks as well as the foundation of the company operating in soda production, The Coca-Cola Company can maximize on efficiency along with continued investment in the company as a global strategy.

Risk Management Plan
Establishing a risk management plan as well as identifying any risks are key to carrying out the implementation plan. For The Coca-Cola Company, there are different risks that are presented that must be addressed early on to minimize its impact and any complications that can arise further along the process. The risk management plan will identify and prioritize risks including establishing set measurements to reduce those risks while capitalizing on the opportunities that are available. The risk management plan can be considered a continuous process for The Coca-Cola Company by monitoring the identified risks and other external factors that can influence the soda market as well as the operations of The Coca-Cola Company negatively. Some of the risks identified are new regulations imposed by governments of developing or current markets that restrict marketing and production or require additional regulations for soda production, economic downturn, oversaturation of the local market, patent infringement concerns for new products, and poor product performance.

Risks that deal with any major changes to the operations and process of soda production and marketing will need to be adaptable for The Coca-Cola Company. Changes that come through new laws and amended acts dealing with government body regulations such as the Food and Drug Administration or the European Food Safety Authority will have to be taken into consideration to meet compliance. Economic downturns are another risk that needs to be addressed as economic downturns can pose a threat to the operations and sales of the company. Certain procedures will have to be set into place for possible shifts of the country’s economy such as reducing the amount or resources, product volume, and reevaluating budget criteria needs.

While the soda production is a large industry with major competitors, oversaturation is possible and can take place in the local market with numerous competitors offering the same product. The Coca-Cola Company needs to look at overall expansion of its products to different countries with a wider consumer market and consider offering new products in other segments of the market.

Patent infringement concerns are another possible risk when entering an industry with competitors offering similar products. The Coca-Cola Company will need to ensure that any new or enhanced product ideas are patented and address any branding concerns. Poor product performance is the final identified risk in the risk management plan. As with any product on the market, a life expectancy is established to determine the longevity of the product for consumers. While carbonated drinks can be considered a staple of consumer beverages, some carbonated beverages may not maintain the attention of consumers who may move to a different brand of carbonated beverages. Image plays a role in this risk in addition to product taste which can either cause strong or poor product performance as well as understanding consumer responsiveness to soda products in different countries.

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Top Grade Essay
Academic Mentor
Exam Attempter
Helping Hand
Quick Finance Master
Quick N Quality
Writer Writer Name Offer Chat
Top Grade Essay

ONLINE

Top Grade Essay

I have assisted scholars, business persons, startups, entrepreneurs, marketers, managers etc in their, pitches, presentations, market research, business plans etc.

$38 Chat With Writer
Academic Mentor

ONLINE

Academic Mentor

I have assisted scholars, business persons, startups, entrepreneurs, marketers, managers etc in their, pitches, presentations, market research, business plans etc.

$49 Chat With Writer
Exam Attempter

ONLINE

Exam Attempter

I will provide you with the well organized and well research papers from different primary and secondary sources will write the content that will support your points.

$40 Chat With Writer
Helping Hand

ONLINE

Helping Hand

I reckon that I can perfectly carry this project for you! I am a research writer and have been writing academic papers, business reports, plans, literature review, reports and others for the past 1 decade.

$40 Chat With Writer
Quick Finance Master

ONLINE

Quick Finance Master

Being a Ph.D. in the Business field, I have been doing academic writing for the past 7 years and have a good command over writing research papers, essay, dissertations and all kinds of academic writing and proofreading.

$23 Chat With Writer
Quick N Quality

ONLINE

Quick N Quality

I am a professional and experienced writer and I have written research reports, proposals, essays, thesis and dissertations on a variety of topics.

$48 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

The marketing research process follows five steps and researchers: - Two Assignments - Maximum probable yearly aggregate loss - Engineering industrial training unsw - Westan corporation uses a predetermined overhead rate - Vital signs critical thinking questions - Andre derain westminster bridge - Adelaide to mt gambier bus - G3.2 - Grade 7 science curriculum - Zombie shield parts voyage of despair - Please see attached file - Parenting rewards and responsibilities student workbook answers chapter 16 - How to beat the change management simulation power and influence - Bullying essay - Recommendation report sample in technical writing - Ovary gamete crossword clue - Analysis on Food Security - Circuit with 2 batteries - Rosemarie rizzo parse human becoming theory - How to create a bell curve in excel 2007 - Ndis access request forms - Compensatory stage of shock - Mensa entry level iq - The lost generation commonlit answer key - Engineering assignment - Conflict resolution strategies in healthcare - The true story of the three little pigs printable - 34 fraser st richmond - Create a weather map activity - Evil robot monkey - Mips how to get user input - MGT312T Week 2 Discussion - Assignment 1 - Lenscrafters operations strategy - My philosophy in life - Languageless thinking - Review the corresponding data set and use it to answer questions and complete an exploratory data analysis. You will use R and Excel to complete the assignment. - Queen herod carol ann duffy - Give me liberty 5th edition volume 2 pdf - Asante teaching hospital activity based costing solution - How does the eylf define the practice of intentional teaching - Ucl applied medical sciences - Vcaa spec formula sheet - Sabmiller plc share price - Job application - What does poetic devices mean - Discusion post 7 - "Life" Standards Alignment - Business research management - Ahi carrier nz ltd - Bump of chicken lotte song - A puzzle with many pieces development of the periodic table - Benchmark - Effective Approaches in Leadership and Management - Julia relationship expert 88 rising - Refer to the lincolnville school district bus data - Antibiotic resistance can we ever win answers - Harley davidson livewire commercial song - Family assessment paper for social work - Overpopulation in Prisons - English file advanced answers - Going global lessons from late movers - Consider the circuit shown in figure 1 - Savings plan formula excel - A restriction appropriation of retained earnings - Brake handbook by fred puhn - Why is more than one accurate titration carried out - Online Exam - Dexter yager cause of death - Com 201 Last Assignment - Organizational structure of fda - Research paper - Team Paper - Vmware vsphere data protection advanced - Marketing Strategies - Top yogh yaught - Bonaire navigator evaporative cooling - Ib physics data booklet - Windows device driver interview questions - 60 minutes luxottica full video - 40 mcg to mg - BUSINESS WRITING (short memo) - Darla's cosmetics has annual credit - Definition of fartlek training - Computer networking basics pdf book - Studiolo from the ducal palace in gubbio - Cpa australia important dates - Ballantynes strawberry farm 36 brodies road - An aluminum skillet weighing 1.58 kg - Discussion reply - Bode plot of closed loop system - Does technology make us more alone argumentative essay - Transform plate boundary facts - Katy perry firework figurative language - Victim Precipitation Theory - Scope of strategic financial management - The last mountain summary - Stormwater drainage regulations queensland - Answer questions - Usd to aud commbank