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 planning

19/12/2020 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.


Applied Sciences

Architecture and Design

Biology

Business & Finance

Chemistry

Computer Science

Geography

Geology

Education

Engineering

English

Environmental science

Spanish

Government

History

Human Resource Management

Information Systems

Law

Literature

Mathematics

Nursing

Physics

Political Science

Psychology

Reading

Science

Social Science

Home

Blog

Archive

Contact

google+twitterfacebook

Copyright © 2019 HomeworkMarket.com

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:

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

ONLINE

Homework Guru

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

$62 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.

$65 Chat With Writer
University Coursework Help

ONLINE

University Coursework Help

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

$62 Chat With Writer
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.

$60 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

Chapter 9 journalizing purchases and cash payments answers - Gpo box 5344 bb melbourne - How to calculate summary route - I want to be australian superwog - Agent based software development - Simon and garfunkel age - What are the 8 steps of the engineering design process - Newspaper clipping that shows the use of statistics - Limited edition slayer jagermeister bottle for sale - Eudaimonistic model of health - 7 stages of grieving sparknotes - A record rotates on a turntable at - Excel add ins data analysis plus - _____ is the use of interpersonal connections online to promote or sell goods and services. - Debt capacity calculation excel - Buy lotto online florida - Business Intelligence week 3 - Edinburgh napier social sciences - An emission fee levied against polluters will tend to - Why is the yellow flame called the safety flame - Tiling a patio math problem - Mba 501 excel homework - Marketing - Bsbfim601 manage finances assessment 3 - C11 Lesson 3 Exam SCORE 100 PERCENT - Print network diagram ms project - 301 divided by 7 - Ocr nationals ict level 2 - Sustainability Initiative, Part 4 - Throughout this course, you have kept journal entries each week - Chemical dependency treatment plan samples - Uniform building by laws western australia - Gai waterhouse tip sheet - InfoTech Import in Strat Plan (ITS-831) - Little beaver and the echo powerpoint - Excimer and exciplex difference - Hymns about thirsting for god - Actress lory walsh cause of death - Counseling Treatment Plan - Discuss how cluetrain manifesto is driving Web 2.0 applications - Due 10 Oct - APA - 4 pages - Plagiarism Free - Boiler chemical cleaning procedure - Fish cheeks by amy tan answer key - Dq - But this rough magic i here abjure - Fire fyter ff3005 change code - Do indian mcdonalds serve beef - Implementing Change Paper - Average fast food wait time - Xylem and phloem diagram - 9/3-1 - Performance appraisal standards for hospitals - Issa sfn final exam answers - Water cycle unit test - Translational Research And Population Health Management - Narrative essay - Course Project Milestone: Annotated Bibliography- APA FORMAT (4-7 pages) - Wk7 responses 6053 - Benchmark - Collaboration and Communication Action Plan - Wk1/reply clas/SH - Tener y retener cajas de carton - Pleasures of eating wendell berry - Hid omnikey 5427 ck configuration - Discussion 1 - Mitcham medical centre tooting - Discussion Questions - School nursing - Schizophrenia - Esl comparatives and superlatives - Information Governance assignment - Business law - HRM - Habit 7 sharpen the saw powerpoint - Mat 144 mission project essay - 2jzgte stock intake manifold - Middleton cheney community primary school - Can i be hypnotized quiz - Lagaan Screening movie review - Dual innervation autonomic nervous system - Cmit 321 penetration test proposal - The american promise 5th edition notes - According to the cognitive perspective of perceptual development babies - Four Ps of Marketing Assignment - Module 3: Place - Internal environment analysis of samsung - Emotive language in persuasive writing - High level transition words - What does the term imvic mean - Alpha bravo charlie echo - Tannenbaum and schmidt's continuum of leadership behaviour - Geometry chapter 2 test answers - Distorted evidence definition - Internal and external sources of whs information - Aziz rahman rahman ravelli - Elliott truck sales lone jack mo - Critical study of literature year 11 - Yunnan lucky air case study answers - Cys-self - 4 bit shift register timing diagram - Russell retail group begins the year with inventory - Whirlpool case study answers hrm - Arrt preliminary score 85