This is significant, because it shows how all three of these different pieces work together, with the company being able to effectively identify and recruit talent. Then, show them how PepsiCo is different, in managing this talent. Together, these elements have allowed the company, to adapt to changes in consumer tastes and new competitors. However, in the future this model faces several challenges the most notable would include: retirement, globalization, maintaining an effective talent management system and the loss of talent to competitors. This is important, because it shows that while the current system is effective, the company must be prepared to adapt to these challenges in the future. It is through examining the current...
(n.d.). Taking Your Succession Management Plan into the 21st Century. Retrieved Jul. 129, 2010 from DDI website: http://www.ddiworld.com/pdf/ddi_gyol_wp.pdf
Pepsi is vastly superior in terms of size and financial strength. Additionally, they would represent the vast majority of COC's sales volume. For COC, a strategic alliance with Pepsi may hold appeal as it would allow them to continue to build their company by giving them the financial strength to meet the needs of other customers. For Pepsi, a strategic alliance would have little benefit in terms of operations.
Bottled portable water was not a significant product in the beverage industry in the US two decades ago. The industry was dominated and controlled by such giants as Groupe Danone SA’s Evian and Nestle SA’s Perrier. By 2002, the industry was worth $3.5 billion. In 1997, Pepsi made attempts to join the bottled water market. Some of the efforts included buying a spring water company and a shot at selling
Introduction The identification, development, and retention of high-potential employees is one of the most important areas of research in industrial-organizational (I-O) psychology. Whereas the vast majority of the workforce will perform in ways that do promote organizational goals, the top performers in any organization are those that provide the firm with its competitive advantage. On the contrary, organizations that do not actively seek to identify, develop, and retain high-potential employees stand
Transformational leadership is a leadership style that inherently aligns itself with Christian values, even when it is practiced in a secular setting or organizational context (Scarborough, n.d.). Defined by the leader’s strength of character and willingness to engage in distributive power and mutually support frameworks, transformational leadership is not about authority or control but about cultivating an ethical vision and inspiring others to share or buy into that vision with
All of these are admittedly challenging problems and the key to lasting change is that employees must first identify and internalize the need and desire for change for these strategies to succeed. References Yuen H. Chan, Robert R. Taylor, Scott Markham. "The Role of Subordinates' Trust in a Social Exchange-driven Psychological Empowerment Process. " Journal of Managerial Issues 20.4 (2008): 444-467,421-422. ABI/INFORM Global. ProQuest, 1 Mar. 2009 Fulkerson, John R., and Randall
Abstract Iindra Nooyi exemplifies the strengths of a multicultural leader who thrives in a diverse organization committed to social responsibility. Born and raised in India in a middle class family, Nooyi transformed herself into an international powerhouse—one of the few women of color ever to serve as a Chief Executive of a major Fortune 500 company. During her twelve years as CEO of PepsiCo, Nooyi has made major changes to the
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