Coca Cola is the worlds leading beverage brand. It was founded in 29 January, 1892 Georgia,USA. (And has been serving the world for almost 130 years) COCA COLA But the company is facing a downtrend in the growth of its brand value in recent years. CASE STUDY Since their expansion to Sri Lanka, the global beverage company had struggled to capture the market . Coca Cola’s Oil Spill and Sri Lanka’s Impotence
• On 17 August 2015, there was a mishap at the Coca Cola
Plant which led to a leakage of diesel into a major Sri Lankan river…. Although the management and authority were quick to make corrective measures but still they couldn’t shield themselves from the company backlash.
(This affected company’s reputation and
ultimately their sales in the region !) WHAT ARE THE TWO MAIN REASONS FOR THIS……..? REASONS
1. Improper management of Human Resource.
2. Community backlash over contaminated of a water body Let us look at the various issues within the Coca Cola Management IMPROPER COMMUNICATION • The corporate communication framework followed by coca cola was flawed. • The employees were not able to share their thoughts and opinion effectively with the management. • Due to this the workforce and the team leader’s mutual relationship suffer and the company loses the opportunity to utilize innovation ideas. Feedback Sharing • The managers and supervisor’s are unable to convey the job feedback to the employees effectively. • This hinders the improvement of skills and increases dissatisfaction among the employees. • Since human capital is an important asset for any company, Coca Cola lost a number of employees which reduced the rate of production and other important business operations. Motivating The Employees • Employee motivation plays and important role in the performance of a business. • Cola Cola Sri Lanka failed to properly motivate their staff with incentives and other employee motivation techniques.
• This resulted in low morale and employees
showed less interest in improving performance. Inadequate Training and Development Modules
• In order to meet the standards of the brand the
employees must undergo regular training and development for peak performance. Improper Work Force Management • Due to the shortage in workforce, the company collaborated with other firms for their bottling operations. • This prove counterproduction as it created an unstable work environment which lead to more resignations.
• Thus the lack of proper workforce
management caused slowdown in performance Leadership • Good leadership of the workforce is very important for better performance.
• The leadership at Coca Cola Sri Lanka failed to identify
the shortcomings in their organization structure and this leads to a lot of problems in the production. • The irresponsibility of team members and the management of the Company have amplified the doubt among the subordinates. Management and Staff Relationship • The company management has failed to build lateral communication channels between the employees as well as the team leader inside the company premises. • The management did not arrange meetings in orderto discuss the problems of the staffs as well as to find possible remedies to resolve those issues. Work environment • The management failed to create a healthy work environment that can encourage the employees to give their best output. • The Corporate situation created obstructions in building a professional relationship between the workers as well as the management of the organization. • The employees failed to underastand that their improvement was closely related to the success of the company MEASURES TAKEN BY COCA COLA SRI LANKA (SOLUTIONS FOR THE ABOVE MENTIONED PROBLEMS) Induction and Communication programs
An orientation program was established for
new employees for their proper induction to the Coca Cola Workforce.
This makes them feel valued and
improve employees relations. Proper Training and Development of Employees
With effective training and
development modules, the employees would improve productivity and realise their role in the growth of the company. Feedback • Since employees had no way of conveying the problems faced by them, there was a dire need for establishing a way to hear their problems.
• The company set up regular meeting
between managers, supervisors and upper management to ensure that their issues were noticed and resolved. CONCLUSION