Question

What is the management philosophy of The Coca-Cola Company?

Answer 1

Management philosophy

The management philosophy refers to managing employees’ motivation, managing crisis, enhancing maximum efficiency, and fostering great customer relationship with effective leadership. Coca cola leadership management philosophy is to enhance maximum efficiency and employees’ motivation. Team work, decentralization of power and collaborative decision making approaches are practiced by Coca-Cola Company to motivate workers. Coca-Cola Company considers employees as most valuable assets and therefore, its leadership is focused to improve motivations and efficiency of employees through acquisition of highly skilled employees and imparting training and development opportunities to them.

Management philosophy of Coca-Cola also considers very effective relationship with customers and society as its leadership is focused on sustainable initiatives promotion. Its leadership builds good relationship with suppliers to ensure time delivery of products to customers. Coca-Cola leadership takes care of sustainable consumption and use of resources for its business operation such as reducing use of water and energy. Leadership of Coca-Cola promotes innovative thinking as well to enhance product attributes and business operation.

Thus the management philosophy of Coca-Cola is to obtain maximum efficiency of employees and build good relationship with customers and society by promoting sustainable initiatives and adopting participative leadership approach.