Professional Documents
Culture Documents
The company called Nestle is very popular company which leads the nutrition.
This company mainly deals with the concepts such as health and wellness. It
has a wide range of popularity over world wide. It has 456 factories which are
established over 84 nations.
Nestle is a company which will work for public and consist 250000
shareholders over world wide. It plays leader role among remaining
companies. It leads some particular product categories such as coffee, water,
milk, ice cream, chocolate, and drinks. It also plays the co-leader position
while dealing with huge pet care with various advanced features.
It specifies various objectives in order to maintain the shareholders values and
bearable investment and economic growth of the organization. It has
concentrated on the future organic improvement and huge efficiency
environment.
History of Nestle
Nestle Company got loss. It records that as a first loss at the end of First World
War. At the end of war the people begin to use fresh milk except the
condensed and milk by powder.
In the year 1930, Brazilian coffee organization begins dapples. After 8 years
this nestle company introduces a new product which has got unexpected
demand for that product. The name of the product is Nescafe. Then the
company got the instant success
After 1974, due to the increments in oil prices and decrements in
industrialized nations, the economy of the company had decreased.
Goals of nestle
Vision:
The vision of Nestle Company is to meet the desires and wants of the
consumers each and everyday by efficient implementation of marketing and
selling the products with high and efficient quality.
Mission
The mission of the company Nestle is to provide good quality food for the
people which ensure good health of consumers.
Business objectives:
To make and market the products in such a way that the quality of products
should satisfy the consumers, employees and shareholders.
Sustain the position on which the people kept trust and belief on the various
brands of its products.
The main objective is that the effective management of employees and
provides a wonderful work environment.
SWOT analysis:
Strengths
Strengths include several factors such as parent support, Brand strength and
product innovation. This company performs well over worldwide. So it has got
huge popularity for products. This company launched its branches in 6
continents. So that it can be known as the global company. It offers local
products also with good quality.
Weaknesses
Exports: The Nestle Company exports are at Rs.2571 m. this could be verified
at the end of 2003. But these major product as coffee has exported toRussia
due to the volatile market inRussia. This factor often hit the overall efficiency
of the company.
Supply chain
Nestle company has a huge and difficult supply chain. But the management of
this supply chain can be affected by the factor of traceability.
Apart from the above reasons there are also few weaknesses such as scientific
and unaware of products.
Opportunities
Product offers:
India Nestle became the export Hub among remaining countries. The reason
to make the Indian Nestle is that less manufacturing cost of Nestle products.
Moreover the other health based products have got more popularity.
Threats
Competition:
Sectored woes:
Competitive advantage
International reach
Product range
Training
Here the training program will be conducted in each and every department at
Nestle. The training is always related to the professional life.
Nestle provide the following services,
Pay structure
The payment package will be always based on the individual performance and
efficiency. If the person is in position of team leader, then the pay scale will be
based on the successful achievements done.
Recruitment services
Nestle can be taken as a bench mark at recruitment services globally.
Recruitment process follows the business needs.
Rewards and employee relations team
This contains two sub teams for especially business and operational remits.
The sub-team of employee relations and to business HR business rules
provides services at procedures and policies of company.
Employee relations
The commitment level of Nestls employees is very high because the Nestle
provides a very good healthy environment for working to the employees. So
their commitment is so high.
For a multinational company, if there is less than 5% of employee turnover
then it is considered as the very low for that company.
In case of grievance, Nestle open a culture for encouraging the people, giving
the upward communication and redressed.
In the Nestle Human Resource Policy document, there is a brief illustration in
that document the importance is given to the work/life balance.
By the HR department of the Nestle, conducting the Nestle Family annual
events, in this the families of the employees are invited.
Employees safety is the important one for the company. This is according to
the Nestle policy on health and safety at work.
CHANGE MANAGEMENT
For the last 140 years, the Nestle creates the ever changing external
environment without lose of fundamental beliefs and core values since
its inception is at 1866. This Nestle follows the gradual changes policy
instead of taking the changes of drastic and risky. Because of the
following the above things, the company will be sustainable and
profitable growth.
BENEFITS:
These benefits are for all employees. Those are:
Granting the leave, which is may be personal or medical. These are fixed
in number per year.
Provident fund
Conveyance reimbursements
Residential Accommodation
Monthly health check ups & free consultation for self & family etc.
skills development. These are adopted in business area with the help of
HR business partners and business directors.
2. Next is for online. In that training will given to the employees.
Differentiation
To support the differentiation strategy, Nestle has to follow some HR
strategies.
They train the employees and keep them with latest innovations.