Wednesday, September 25, 2019
CEO Project---Pepsico Research Paper Example | Topics and Well Written Essays - 1750 words
CEO Project---Pepsico - Research Paper Example Employee goals should be defined through job descriptions, which should incorporate employeesââ¬â¢ goal responsibilities. This will allow employees to dedicate their time in performing roles that will enable PepsiCo achieve its goals in change strategy. The process of identification of value addition is very important. It involves distinguishing activities that add value and should be retained, activities that do not add value but cannot be avoided by a company and those activities that do not add value and the company should eliminate them (ÃÅ'iarnienÃâ" and VienaÃ
¾indienÃâ", 2012). The process of value identification involves workers, experts and customers in identifying product aspects that are of extreme significance. These are the aspects that should be given priority in this project (Mcleod, 2009). Analysis of the PepsiCoââ¬â¢s aims and objectives shows that the company aims to lead in consumer products in the world that produces convenient foods and beverages. The company also seeks to enrich its employees through growth opportunities and ensure that investors get financial rewards (PepsiCo, 2014). PepsiCo seeks to achieve excellent and sustainable financial performance. The company also aims at ensuring human sustainability through its products, as well as environmental sustainability (PepsiCo, 2011). Based on the above mission, aims vision and objectives of PepsiCo, recommended strategy changes should be implemented on a timely basis to ensure success of the company. These features that require implementation of change include PepsiCoââ¬â¢s policies, functional strategy and business strategy. PepsiCo has invested in research and development and high quality operations to ensure that safe products are provided to consumers (Nooyi & Johnston, 2014). The next step will involve identification of the long term strategic plans and short term strategic plans. In this case, long term strategic
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