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

Coca cola operational plan

04/01/2021 Client: saad24vbs Deadline: 2 Day

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:

Helping Hand
University Coursework Help
Top Essay Tutor
Writer Writer Name Offer Chat
Helping Hand

ONLINE

Helping Hand

I am an Academic writer with 10 years of experience. As an Academic writer, my aim is to generate unique content without Plagiarism as per the client’s requirements.

$100 Chat With Writer
University Coursework Help

ONLINE

University Coursework Help

Hi dear, I am ready to do your homework in a reasonable price.

$102 Chat With Writer
Top Essay Tutor

ONLINE

Top Essay Tutor

I have more than 12 years of experience in managing online classes, exams, and quizzes on different websites like; Connect, McGraw-Hill, and Blackboard. I always provide a guarantee to my clients for their grades.

$105 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

In visual basic ____ is the not equal to operator - Mastering what will improve your reading speed and comprehension - HCO Project - 24 hour shipping forecast - How to calculate mass in physics - How much is centrelink crisis payment - Prithee what wouldst thou - 25/11 as a decimal - PAPER - Access control Assignment 6 - How to make a spinner for a game - Ricardo delgado de anza - Html5 exercises and solutions - Camp skits for counselors - Assessment and rating report - Discussion - Describe the treatment of women at the humanist schools - Question_help - Research paper on business-Topic Title Related to Business - Rough Draft Literature Review - Vince's vinyl database - Damien lovelock funeral notice - Graduate entry medicine deakin - Dq response - Australian financial review advertising rates - Disadvantages of irrigation scheduling - Knickerbocker's theory of fdi - Hf hcl hbr hi stronger acid - TAE40116 - Indian railway bridge code - The trial balance before adjustment for phil collins company shows the following balances. - Ascia anaphylaxis e training for pharmacists - Newer marital problems stuff of purity - A $60,000 outlay for a new machine with a usable life of 15 years is called - Richard newitt court southampton - Devotion to one's country - O fortuna lyrics youtube - Paper writing - ESSAY - Spanish numbers 40 50 - Advocating for the counseling profession paper - Pied piper of hamelin story script - Three assignments and due dates - Regency grand hotel case study analysis - Which aspect of greek life does this excerpt reveal - 5 elements of setting - 300 words APA format - Week -3 theory - Complex to trig form - 2 2 dimethyl 1 butanol nmr - Potential and kinetic energy toys - Norwegian driver's license number - Tata urban colour coat - Main themes in macbeth - Pearson inventory management simulation answers - St george pending transactions - Three types of rna involved in protein synthesis - Cloud Computing and Digital Forensics - Essay - High rise firefighting powerpoint - Words oh holy night - Dry storage in flight kitchen - Introduction to the financial management of healthcare organizations - Power point- Philosophical Concept - Access Control assignment 2 - Professional presentation - Origin of kingship in ancient india - Web analytics at quality alloys inc case solution - Week 7 56640 - Initial post - Health Care Delivery 5.2 - 1.2 5 clock signals the 555 timer - Endnote export traveling library - Mexico vs curazao tv azteca - Istr credits hack crack tool zip - Esol entry 3 reading exam paper - Sandow birk death of manuel - All 4 problems are independent problems and should be considered separately. - Organizational analysis assignment - How to calculate absolute deviation in chemistry - Sales of cool man air conditioners have grown - What is regional trade block - The links lady bay golf - Good shepherd youth services - What is advertising execution - Define the term policy impacts - Multifactor leadership questionnaire rater form mlq rater form - Conflict Resolution Case Study - Australian ymca institute of education and training - OPERATIONAL PLANNING - FOLLOW ALL THE BELOW POINTS AND NEED ANSWERS FOR ALL THE POINTS BELOW IN APA FORMAT WITH AT LEAST 500 WORDS EXCLUDING REFERENCES, TITLE AND NO PLAGIARISM AND NEED PLAGIARISM REPORT - +91-8306951337 love marriage specialist astrologer IN Ranchi - Science - Born haber cycle mgo - Art vocabulary ielts pdf - Dwarf red maple tree facts - Ikea vidga rail triple track - Human Resources Mangagement - You were hired as a consultant to quigley company - Sunshine coast council rates - Statistics Excel: Week 3