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Nespresso Essay

Decent Essays

INNOVATION AND RENOVATION THE NESPRESSO STORY

INTRODUCTION
The main point of this case is how firms can develop and maintain new strategies in order to have innovation and renovation, this two are fundamentals for all the companies who want to be competitive and evolving in the changing market.
Nespresso, as a line product of NESTLE, not just developed a different way to sell coffee, also created a new business model difficult to copy for the competition and a good approach to the market of R&D coffee.

CONTEXT
Nespresso System is an innovative concept because offers to the consumer an individual portions of coffee (high quality coffee). Many of these consumers are in Europe, principally in the Scandinavian nations. The Nesspreso …show more content…

Apart of the process they have to implement about culture on such an innovative product, they have to take risks in investment of capital and if they going to do alliances, how and whit who is more viable to do it.
The managers have a Challenger on a new product by providing a good quality and more because of 2 reasons; the first one is the prestige of a company like Nestle, and in second place, because is a new product so if they wanted to sell well. They had to offer an high quality product.
When they saw Nespresso was not the best seller, they Immediately knew they had to make a change of strategies or remove the product from the market.
Off course, they knew the product was great, but it would take a little time people understand the product. So some of the strategic they took; were the markets they will attack first, to understand the coffee consumer, to create a consumer service more personalized, and to create a status on the product. CONCLUSIONS
The success of any organization is defined by different variables, this variables depends of what kind of organization are we trying to analyze. In Nestle case, and specifically Nesspresso product, we stand out the leadership and the management vision. The leadership triggered the innovation of the team, Lang and all his management partners understood that the

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