Design a Total Rewards program ( Coco Cola) Research Paper

Design a Total Rewards program ( Coco Cola) - Research Paper Example er in 1889, Asa Griggs Candler bought the drink’s formula and brand and started large scale production of the drink through the incorporation of The Coca-Cola Company in 1892. From then on, the company grew into a multinational beverage franchise with over 400 products sold and marketed in over 200 countries. Headquartered in Atlanta, Georgia, the American firm specializes in manufacturing, marketing and retailing of its wide range on nonalcoholic drinks’ syrups and concentrates. The ever growing brand surpasses any other nonalcoholic brand with statistics showing more than 2 billion of its trademark drinks are consumed everyday. Coca-Cola’s main objectives is to explore every available market on the globe in order to achieve the status of being a global brand that responsibly and ethically conducts its business while accelerating sustainable growth for operation in the world of tomorrow (The Coca-Cola Company, 2014). This objective is the basis for the development of the company’s set of goals and strategies al of which revolve around achieving this main goal. The Coca-Cola Company is a global beverage brand with patents to over 500 brands of nonalcoholic beverages which it produces, markets and licenses globally. With segments in nearly all continents, the company has had to establish a set of goals that will guide its operations. In its mission statement the organization claims that it seeks to refresh the mind body and spirit of the world while inspiring moments of optimism and making a difference in every place it operates as well as creating value at the same time through the organization’s actions and brands (Coca-Cola GB, 2014). In order to achieve the company established a set of goals towards which it works towards along with its subsequent bottlers. The first is to create a great workplace environment that inspires the employees to be the best they can be (The Coca-Cola Company, 2014). Then there is the portfolio goal that seeks to refresh

Unit 4 assesment Coursework Example | Topics and Well Written Essays - 1000 words

Unit 4 assesment - Coursework Example Proper resource allocation enhances the performance of a project. Allocating resources for wrong ideas leads to project failure and is considered wastage of resources. In addition, Project managers should assign resources within the project in the right manner. This helps to avoid incurring losses and large operation cost. Currently, the economy is collapsing due to poor management in various financial sectors. This has led to tough competition, especially, in relation to financial resources. Most of the businesses experience increased operation cost. Therefore, there is a need for companies to limit budget for their projects. They can only do that if project manager avoid wasting or misusing any material through proper resource allocation (Gilbert & Bower, 2007). Time is one of the important natural resource for a project. Approximately, 80 percent of total projects in a company offer project managers a minimum timeline for their completion (Gilbert & Bower, 2007). The project manager should, therefore, divide all project activities on a daily basis to meet the time deadline of the project. In addition, the project manager can use critical path methods to determine the right time to allocate every project activity and ensure that they are completed in time. The project manager should not waste time. Proper time allocation, help the project manager to set a duration that each project activity will take and meet the deadline of the project even when any problem arise in the process of implementing the project. There is a need to allocate the right human resources within a multiple project environment. This assists in proper distribution of specific knowledge and skills within the project, hence improving its performance. In addition, proper allocation of human resources makes it is easier for a project manager to come up with a flexible daily plan for the project (Gilbert & Bower, 2007). Project