Nestlé Company Management and Principles Essay

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How the structure of an organisation is arranged depends on the company´s strategy and objectives. Organisational structure has a hierarchical nature. It is the specification of lines of authority and main tasks of an organization and it´s subjects. The structure provides an information about the main responsibilities and roles assigned to the particular elements of the organisation. (Organizational structure, n.d., “Definition” section, para 1- 2) Chairman Peter Brabeck-Letmathe, who formerly held the function of Nestlé chief executive officer (CEO), leads the Board of Directors which is the governing body of the organisation. The Board consists of 14 members. (About us, n.d., “Management” section, para 1.) Each member operates within a…show more content…
How the structure of an organisation is arranged depends on the company´s strategy and objectives. Organisational structure has a hierarchical nature. It is the specification of lines of authority and main tasks of an organization and it´s subjects. The structure provides an information about the main responsibilities and roles assigned to the particular elements of the organisation. (Organizational structure, n.d., “Definition” section, para 1- 2) Chairman Peter Brabeck-Letmathe, who formerly held the function of Nestlé chief executive officer (CEO), leads the Board of Directors which is the governing body of the organisation. The Board consists of 14 members. (About us, n.d., “Management” section, para 1.) Each member operates within a certain committee: Audit Committee, Nomination Committee, Compensation Committee and Chairman's and Corporate Governance Committee. (Management, n.d., “Board of Directors” section). The next level of an organisational structure is formed by the Executive Board, responsible for daily management of the organisation. The Board comprises 13 Board Members who regulate and guide various sectors of the global business. Paul Bulcke is current Chief Executive Officer, responsible for the overall performance of the company. (About us, n.d., “Management” section, para 2.) The most of Nestlé beverage and food business is managed geographically according to various locations. These locations include different zones in Europe, Americas, Asia, Oceania

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