ottis claxton danielle dewey tamara hopson stanley poole timothy smith jeffrey washington

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Ottis Claxton Danielle Dewey Tamara Hopson Stanley Poole Timothy Smith Jeffrey Washington

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Ottis Claxton Danielle Dewey Tamara Hopson Stanley Poole Timothy Smith Jeffrey Washington. Invented in 1886 by Dr. Pemberton Originally sold as a simple syrup in Jacob’s Pharmacy in Atlanta for 5 cents a glass - PowerPoint PPT Presentation

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Page 1: Ottis  Claxton Danielle Dewey  Tamara Hopson  Stanley Poole  Timothy Smith  Jeffrey Washington

Ottis ClaxtonDanielle Dewey Tamara Hopson Stanley Poole Timothy Smith

Jeffrey Washington

Page 2: Ottis  Claxton Danielle Dewey  Tamara Hopson  Stanley Poole  Timothy Smith  Jeffrey Washington

History of anAmerican Icon:Coca-Cola• Invented in 1886 by Dr. Pemberton• Originally sold as a simple syrup in Jacob’s

Pharmacy in Atlanta for 5 cents a glass• Has grown to more than 500 brands in

more than 200 countries around the world.

Page 3: Ottis  Claxton Danielle Dewey  Tamara Hopson  Stanley Poole  Timothy Smith  Jeffrey Washington

Coca-Cola’s Roadmap to Success

Mission

Vision Values

Page 4: Ottis  Claxton Danielle Dewey  Tamara Hopson  Stanley Poole  Timothy Smith  Jeffrey Washington

Mission

• To refresh the world...• To inspire moments of optimism and happiness...• To create value and make a difference.

Page 5: Ottis  Claxton Danielle Dewey  Tamara Hopson  Stanley Poole  Timothy Smith  Jeffrey Washington

Vision

• People: Be a great place to work where people are inspired to be the best they can be.

• Portfolio: Bring to the world a portfolio of quality beverage brands that anticipate and satisfy people's desires and needs.

• Partners: Nurture a winning network of customers and suppliers, together we create mutual, enduring value.

• Planet: Be a responsible citizen that makes a difference by helping build and support sustainable communities.

• Profit: Maximize long-term return to shareowners while being mindful of our overall responsibilities.

• Productivity: Be a highly effective, lean and fast-moving organization.

Page 6: Ottis  Claxton Danielle Dewey  Tamara Hopson  Stanley Poole  Timothy Smith  Jeffrey Washington

Values

• Leadership: The courage to shape a better future

• Collaboration: Leverage collective genius• Integrity: Be real• Accountability: If it is to be, it's up to me• Passion: Committed in heart and mind • Diversity: As inclusive as our brands• Quality: What we do, we do well

Page 7: Ottis  Claxton Danielle Dewey  Tamara Hopson  Stanley Poole  Timothy Smith  Jeffrey Washington

Coca-Cola’s Leadership

Muhtar KentChief Executive Officer &Chairman of the Board

Muhtar Kent originally joined the Coca-Cola family in 1978 at the Atlanta location serving in a varietyof marketing and leadership positions.

Mr. Kent became Chief Executive Officer of the Company on July 1, 2008, and Chairman of the Board of Directors on April 23, 2009.

Page 9: Ottis  Claxton Danielle Dewey  Tamara Hopson  Stanley Poole  Timothy Smith  Jeffrey Washington

Strengths

• Contracts with big restaurants • Brand name- Coca Cola means

something• Customer Loyalty • Promotion strategy • International trade • Iconic Shape • Secret Recipe

Page 10: Ottis  Claxton Danielle Dewey  Tamara Hopson  Stanley Poole  Timothy Smith  Jeffrey Washington

Weaknesses

• People are becoming more health conscious• Not the healthiest choice (soft drink)

• Not a presence in the Organic Market• Marketing is going to be costly, high chance of failure

• No room for failure in company, competition will take over failed markets.

• First impressions are lasting, very difficult to draw loyalists from competition.

• Too many products is like a double edged sword, lack of popularity in different locations.

• Deciding who to market products to and how far to reach out is hard to determine

• Brand Loyalty

Page 11: Ottis  Claxton Danielle Dewey  Tamara Hopson  Stanley Poole  Timothy Smith  Jeffrey Washington

Opportunities

• Expansion into health conscious organic markets

• Energy, Sports and Flavored water beverages markets have potential for further expansion of these brands

• Acquiring small market share competitors in foreign markets; i.e. Europe, Asia, Africa, Australia and South America.

• Advertise other brands within the Coca-Cola family

• Obtain contracts with current and new chain restaurants to carry exclusively Coca-Cola products.

Page 12: Ottis  Claxton Danielle Dewey  Tamara Hopson  Stanley Poole  Timothy Smith  Jeffrey Washington

Threats to Coca Cola

• The vast majority of the market share belongs to the two giants Coke and Pepsi

• Coke was first bottled in a plant in 1894, Pepsi in 1908.

• Both created by a pharmacist.

PepsiCo

Page 13: Ottis  Claxton Danielle Dewey  Tamara Hopson  Stanley Poole  Timothy Smith  Jeffrey Washington

Threats to Coca Cola

Health Issues• The threat of their products being

forced to display a cancer health warning has led to iconic drink brands Coca Cola changing their recipe

• Coca-Cola influences Grand Canyon officials to scrap plastic bottle ban

• Vitamin Water exposed as sugar water in Food Investigations.

• To this day, Coca-Cola still imports coca leaves which are used to manufacture cocaine in the United States

Page 14: Ottis  Claxton Danielle Dewey  Tamara Hopson  Stanley Poole  Timothy Smith  Jeffrey Washington

Grand Strategy

• A grand strategy is an overall framework or plan of action developed at the corporate level to achieve an organizations objective.

• The growth strategy is used to help create a high level of growth in one or more of its areas of operation or business units.

• The management of Coca-Cola must focus on current market growth by adapting product development, market development, and market penetration.

• Implementing the growth strategy would not only help grow the company, but it would help eliminate barriers that would hold the company back from progression.

Page 15: Ottis  Claxton Danielle Dewey  Tamara Hopson  Stanley Poole  Timothy Smith  Jeffrey Washington

Reflection on Team Work(What We Learned)

• Tamara – “Throughout working on this project, I learned about the different products within the Coca-Cola company and that group work is only successful with the participation of all members.”

• Scott – “I learned that all companies have their weaknesses and the key component to maintaining a strong and successful business is realizing what they are and striving to strengthen these areas. I also feel that this concept relates to group work as well.”

• Timothy – “I learned that with any company the core values and goals must remain the same, if not earlier problems may come to haunt you.”

• Stanley – “I learned that the bigger the market the more opportunities.”

• Jeffery – “I learned that preparation and vision is need to run a company and work well in group projects. ”

• Danielle – “During the time spent working on this project, I learned that no matter how large an organization is it is not infallible. I was also reminded of many of the challenges in working with a group”

Page 16: Ottis  Claxton Danielle Dewey  Tamara Hopson  Stanley Poole  Timothy Smith  Jeffrey Washington

Works Cited

• Dahl, Darren. “How to Develop a Business Growth Strategy.” INC 25/02/2010. Web. 16 April 2010. http://www.inc.com/guides/small-business-growth-strategies.html.

• Plunkett, Warren R., Raymond F Attner., and Gemmy S. Allen. Management: Meeting and Exceeding Customer Expectations. 9th. Mason: Thomson South-Western, 2008. 179. Print.

• Coca- Cola. (2012). The Coca-Cola Company. Retrieved from http://www.thecoca-colacompany.com/ourcompany/index.html

Page 17: Ottis  Claxton Danielle Dewey  Tamara Hopson  Stanley Poole  Timothy Smith  Jeffrey Washington

Thank You