Pros And Cons Of Collective Reasoning In The Coca Cola Company

Normally people do not break down how they make decisions, they just decide. But, for people who are making decisions for a larger group, knowing the process could be helpful. The first step in the process is to identify the problem by fully understanding and gathering all the information of the problem. Secondly, you want to think of alternatives or other options for handling the issue. Thirdly, you want to access or evaluate all the alternatives and consider the possible outcome. Finally, you go forward with the decision and evaluate the outcome (Kinicki and Williams, 2016). These steps are helpful and critical when making decisions for large groups or an organization.

The Coca Cola Company is the world’s leading owner and marketer of nonalcoholic beverage brands. In order to achieve long-term sustainable growth they look at their brands, financial strength, unrivaled distribution system, global reach, and a strong commitment by management and associates worldwide. The company focuses on inspiring their employees, satisfying customer desires, nurturing partners, making a global difference, maximizing returns to shareowners, and managing for overall effectiveness. The financial statement that the Coca Cola Company provides shows their strong leadership by the data they present. By discussions held in class it allows us to analyze the following

After they think about all the reasons why they should make the changes, they build a strong supporting RATIONAL case for making those changes.

A personal decision-making strategy is an essential navigation tool for leaders. The surge of advanced technology and globalization, presents a fast-paced environment for leaders to make decisions quickly, under great pressure, and without accurate or sufficient information (Baba & HakemZadeh, 2012). In this modern competitive world, making reliable decisions promptly is an imperative strategic skill for high level leaders. The bottom-line for most organizations involve making the right decisions at the right time to reflect increased productivity, financial gain, and efficiency. Decision-making is at the core of all leadership activities and positions (Maringe, 2012).

Therefore, at my level and the level of most operators is that decisions can be made without elaborate tables or brain storming sessions, we process information rapidly and fluidly since time can be a crucial factor in the

made by the manager most of time. Apply to the theory, the level of making decision

Decision making is an integrated structure of events that includes collecting, understanding, and exchanging information (??). Pre-established measures and veto policies are vital when it comes to an organization developing strategies to aid in decision making

Coca-Cola Company is the world’s largest beverage company with almost 500 different types of brands, such as Coca-Cola, Diet Coke, Fanta, Sprite and etc… Coca-Cola is founded is Georgia 1886 by the pharmacist call Dr. John Smith. Dr John Smith caramel color liquid and carried out to the street with a jug. The drink was accepted by the customers and they commented this drink is special. So they sold it through the pharmacy for 5 cent per glass.

Coca-Cola is globally recognized drink corporation and manufacturer. The company is best known for its flagship product ‘Coca-Cola’ which over the years has evolved in order to keep up with the latest consumer trends and demands. Coca-Cola strategically reinvents to respond to the marketing itself. Often criticized for its lack of diligence in maintaining a tagline, changing with the times is a part of the company’s strategy. Not every brand needs to reinvent themselves as frequently as Coca-Cola does, but

The Coca Cola Company is a multinational company with more than 140,000 employees, the company is in beverage business and its flagship product Coca Cola is considered one of the best soft drink. Coca Cola soft drink is the real revenue generator of the Coca Cola Company. The company was found in 1892 and by 2010 it was reported that the company has the serving of 1.7 billion per day so the company has only grown since its inception. The company is serving its product in more than 200 countries, and the Coca Cola Company owns more than 500 brands, this shows that the graphs of the company is moving upwards and the Coca Cola Company is growing at an immense rate.

Many times when faced with a hard decision to make or one that involves many different factors or consequences the executive tends to look for “an educated guess” or “take a calculated risk” but no real calculation is done nor any education is obtained to deal with uncertainty concerning the decision.

Their decision making process consisted of two hour meetings on Mondays, where all the 13 members met and spent the first one hour discussing and reviewing issues, updating each other on key projects and presentations about new plans. The second half was spent on in- depth discussion of a particular topic. The stages of decision making

As I did research I came to realize that there is more to the decision making process. There is also the levels of the decision making and I believe this helps with the

This paper covers an exploration investigation of the Coca Cola Organization. This is one of the main soda and drink fabricating and dispersing organizations in the entire world. The organization has accomplished this status because of its solid administration techniques. A percentage of the elements that have made the organization to get by in the business world are its solid notoriety furthermore stable administrative systems. The organization has additionally received a few non cost focused systems that make it to remain in the business sector. The expansions of its items and brands have likewise improved the execution of the organization for a long time. The administration of the organization is centered around its main goal to move

In order to better analyze the industry and to understand the macro-environment in which Coca Cola is evolving, we have used