The coca cola company adopted the economic value added measure so as to deal with the cost of capital and they focused on the effective use of the assets and continuous value creation that would enhance good performance of the company. The management of the Coca cola Company can produce healthy beverage lines that are Coca cola beverages balanced scorecard are not damaging to the health of the customers so as to increase the sales volume of the product in the company.
It utilizes the following measures so as to achieve its goals and objectives these are the percentage of the employees that are trained in the process and the quality management of the employees that is enforced on them, percentage of front-line workers that are empowered to manage the process and the percentage of the manufacturing processes that are related to the real-time feedback Dean, F.
The value based management is an approach that ensures that the corporations run effectively so as to maximize the shareholders value. The objectives of this perspective are to increase the market share and to increase customer satisfaction.
The mission -oriented processes are special function of the government offices and they have many unique problems that are reported in these systems.
The customers are very important in an organization without them the operations of a company cannot go ahead because they are the final consumers of the produced goods and services thus it is important for the management of companies to handle them with care. The senior brand manager develops the brand vision and strategy that includes the brand destination, positioning, target audience identification and the development of core strategic imperatives.
The approach not only provides the performance measurement but it also helps the planners to identify what should be done and measured so as to enhance effective implementation of the goals and objectives of an organization.
These are used by the management of the company to achieve the objective of the learning and growth perspective of satisfying the customers so as to increase the sales volume of the company.
The objectives of this perspective are to develop process skills, empower the workforce and enhance information systems capabilities.
The company uses the economic value added EVA and the economic profits viewpoint so as to make sure it makes sound decisions from the financial and the shareholder value perspective. The management of the Coca cola introduction of its process and product management led to its growth and development.
The value that has been created or destroyed by the firm during a given period Coca cola beverages balanced scorecard time can be measured by comparing profits with the cost of capital that are used to produce them.
There have been increased cases of obesity and other health problems that have led to illnesses to the residents of the country thus the management of the company introduction of the products that have taste diversity and fortification that makes the customers healthier can be a good objective that can lead to the success of the company.
The value added management extends these concepts by focusing on how companies can use them to make both the strategic and the everyday operating decisions.
The financial perspective evaluates the profitability of organization strategies; the other strategies are the Naches key strategic initiatives that reduce cost relative to the competition and growth. The value of a company is determined by its discounted cash flows, the value is created when companies invest capital returns that exceed the cost of that capital.
If customers are not satisfied they will eventually find other suppliers that will in one way or another meet their need hence its importance for the management of companies to focus on how to satisfy their needs and desires. The Coca-Cola company growth targets are too aggressive for its product.
The company develops its brand strategy by investing heavily in packaging research, developing targeted consumer advertisement, promotions and it solicitites in customer feedback. It also develops, evaluates and selects consumer-based action that maximizes the long term profitable volumes of the organization.
The economic value added financial metric is used to evaluate the business strategies, capital projects and it is used to maximize the long term shareholder wealth. The economic value added is the change in economic profit of a company from one year to another while the economic profit is the net operating profit after taxes mines a change for the operating capital.
The company has not been in a position to reach conservation growth rates over the last few years. The customer Respect index it is a qualitative and a quantitative in-depth analysis and independent measure of the customers experience in the internet while interacting with the companies through the internet.
The Coca Cola Company can fulfill its mission — vision through its strategies of how to handle its existing and potential customers using the following objectives, it can satisfy the customers by producing products that gratify its high quality products, introduce of products that are healthier to them and hence improve on their living standards.
The financial perspective is a perspective that indicates how the transformation of strategy can lead to the economic success of a company.
The learning and growth perspective The Learning and growth perspective states that employee training and the corporate cultural attitudes are related to the individual and corporate self-improvement.
They are both closely linked and they serve as decision making shareowner value in their decision making processes.
The chief executive officer of the Coca cola Company stated that it was important for the company to attract and retain the best employees who would improve the performance of the company thus it trained it employees on methods of handling the customers so as to increase the sales volume of the company.
Business process perspective The business process perspective is also referred to as the internal business process is used to allow the managers to know how well their businesses runs and whether its products and services conform to the customers needs and desires so as to increase the sales volume of the company.
It also focuses on how much operating income and the return on capital is employed on the results due to the fact of reducing costs and selling of more units to the customers.
Customer perspective The customer perspective is that a perspective whose objective is to satisfy the customers and it is used to focus on their needs and desires so as to increase the sales volume of the company.
It also involves the creation of value that is intended to increase or to generate maximum future value and strategy it also involves managing the value change such as governance, change management organizational culture, communication, leadership and valuation that refers to the measurement of value.
The business process perspective strategy is to create and to apply technology so as to enhance competitiveness in the industry and other business sectors so as to increase the welfare of the society. The measurement systems that are used for measuring the learning and growth perspective are human resource accounting, economic value added, balance scorecard and intellectual capital.
The introduction of technological change has enabled the management of companies to keep on training its workers so that they can be able to adapt with the technological changes in an organization and hence enable the management of company to improve on its performance.
The income from the historical financials includes revenue, net income, net profit and the number of employees who have served in the company in more than ten years. There are two kinds of business process perspective there are the mission-oriented processes and the support processes.
When developing the metrics that can satisfy the customers the management of the Coca cola company should analyze all kinds of customers and the kinds of processes that provide a product or service to the customer groups so as to maintain the customers and also to increase the sales volume of the company.
Financial perspective The financial perspective states that it is important for managers to provide financial data that is timely and accurate so as to enhance the operations of an organization or a company to be carried out effectively.
The support processes are more repetitive in nature and hence are easier to measure them than other metrics. The goal of these rules is to increase the comparability in accounting for the business transactions that are similar and also to improve the transparency of information reported by accountants to the public.COMPANY SCORECARD GLOBAL INDEX The Coca-Cola Company 12RANK SCORE 9 () COMPANY SCORECARD GLOBAL INDEX The Coca-Cola Company Category analysis A Governance otherwise and argues that its beverages can be part of, “a sensible, balanced.
An Effective Organisational Structure - Coca-Cola Company background The Coca-Cola Company is the world’s largest beverage company, refreshing consumers with nearly sparkling and still brands. Coca-Cola is recognised as the world’s most valuable brand.
5. The primary beverage of Coca Cola is sparkling beverages, the most popular drinks consumed worldwide, in their respective order, are water, tea, and beer. 6. Changes in currency rates.
Coca-cola uses 74 functional currencies in 7. In had approximately 18, associates represented by labor unions. 8. Proposed mission With six main operating segments in North America, Latin America, Europe, Eurasia, Africa, the Pacific,(3) and bottling investments, Coca-Cola is dedicated to being a highly effective refreshments and fast-moving organization.
Coca-Cola The Balanced Scorecard Approach Your Name Your Course Title 1 it is operational in at least countries having at the minimum ultimedescente.com-Cola The 2 Coca-cola: The Balanced Scorecard Approach SLP.
Coca-cola Company (hereafter referred to as “the Company” or “the Organization”) is 5/5(1). Balanced Scorecard Gestión de los Sistemas de Calidad Javier Álvarez Jasso Conjunto métricas balanceadas en base a financiero, operacional, cliente, etc.Download