What Are The Key Factors Of Nestle

Nestle, an international recognized multinational corporation is the world’s leading nutrition, Health and Wellness Company. Nestlé’s mission of “Good Food, Good Life” aims at providing customers with the finest quality of nutritional choices within a wide range of food and beverage classifications (NESTLÉ - Vassos Eliades. (n.d.). Retrieved from http://www.vassoseliades.com/consumer-goods/nestle.html, para. 1). The merger in 1905 between Nestle and the Anglo-Swiss Milk Company created the Nestle we know today. Nestle is one of the world’s largest suppliers of food and nutritional products operating with 461 factories in 83 countries, with 328,000 employees worldwide (Fries, Lorin, Goldberg, Ray, 2012. Nestle: Agricultural Material

The Company 's strategy is guided by several fundamental principles. Existing Nestle products grow through innovation and renewal while maintaining a balance in geographic activities and product lines. The long-term potential is never sacrificed by short-term performance. The Company 's priority is to bring the best and most relevant products to people, wherever they may be, whatever their needs may be, throughout their lives. The taste of Nestlé in each of the countries where Nestlé sells products. Nestlé is based on the principle of decentralization, which means that each country is responsible for the efficient operation of its business, including the hiring of its staff.

The number of population, number of Muslim, health consciousness among Malaysian and hard pressed on time would provide social forces to Nestlé. Besides, the implementation of GST and depreciation of Malaysian ringgit would affect Nestlé sales. However, the rise in disposable income and consumer expenditure on foods shows a good sign for Nestlé to sell their products. Moreover, through installing new technologies in their factory, Nestlé had successfully reduce energy wastage. The

Nestlé is "the world's leading Nutrition, Health, and Wellness company" (Nestle, n.a.). To maintain this position Nestlé will implement a combination of strategies: product differentiation, low-cost leadership, and product development. The purpose of this paper is to discuss 1) the implementation plan, 2) required organizational change management strategies, 3) key success factors, budget, and forecasted financials (including a break-even chart) and 4) a risk management plan, including contingency plans for identified risks.

Nestlé is an international prominent food and beverages company with more than 2000 brands headquartered in Vevey, Switzerland. The intent of Nestlé is to be the world's recognized first rated Nourishment, Health and Wellness Company, and exemplar industry for monetary management, trusted by every stakeholder. It is committed to afford not only healthier but also tastier foodstuffs for all age demographics at anytime, anywhere to boost people’s life; Nestlé’s top priority is to ensure the first rated quality and safety for consumers followed by their slogan, “Good food, Good Life”. To look back on the origins of Nestlé, it all started in 1866, when two different business enterprises were established, that subsequently joined together to form

Nestle is the world’s leading nutrition, health and wellness company. From Henri Nestlé’s humble beginnings with the first product, Farine Lactée, which revolutionized infant feeding, the company’s priorities have remained the same -about bringing high quality, safe and nutritious foods and beverages to people through all stages of life. In Nestle’s pursuit of delighting and satisfying the customers, Nestle’s products are adapted to meet local, regional taste preferences, religious and cultural sentiments and disparities in purchasing power.

Customer health and safety: Nestle express this via our corporate proposition 'Good Food, Good Life'. Everywhere in the world, the Nestlé name represents a promise to the consumer that the product is safe and of high standard. As the world’s leading nutrition, health and wellness company, Nestlé continually invests in the innovation and renovation of its large portfolio of products both to enhance and communicate their taste and nutritional value. In order to analyse the nutritional value of its products, Nestlé has established a rigorous methodology called the Nestlé Nutritional Profiling System and has been progressively applied across Nestlé’s worldwide product portfolio since 2004. The criteria for each and every product are derived from four principles of assessment:

The organization that has been chosen for this assignment is Nestle. Nestle or Nestle S.A., French pronunciation which is the Swiss biggest multinational food and beverage organization. Nestle is in the food processing industry where it produces raw food products and finished processed product that includes cannery, meat processing and food packaging that compliance with the Safety Health Awareness and Recognition Program (SHARP). Nestle is an organizatio that produces pet foods such as Friskies, Fancy Feast, Dog Chow and Beneful, breakfast cereals such as Cookie Crisp, Chocopic, and Honey Stars , coffee and tea such as Nescafe, Coffee Mate and Nestea, confenctionery and chocolates such as Kit Kat,

Nestlé is a pubic liability company in Switzerland. It is in tertiary production. According to the annual report (2014), it provide people with a wide range of food and beverages, throughout people’s life. It arms to help people having a more joyful and healthy life. Also, what the company promise of is: “Good Food, Good Life”.

Nestlé is decentralized and is organized in a matrix structure. Branches of the organization are given a relatively high degree of autonomy in running daily operations, while major strategy decisions are made at headquarters. The company operates six segments: Zone Europe; Zone Americas; Zone Asia, Oceania, and Africa; Nestlé Waters, Nestlé Nutrition, and Other. The responsibility for making operational decisions are left to local divisions of the company. Nestlé has a board of directors and a chief executive. Nestlé’s management is divided into three levels – top-level, mid-level, and lower-level.

Nestle aims to create an environment that puts the emphasis not just on individual responsibility and autonomy, but also on a strong willingness to support others, to work in multi-skilled teams, and to cooperate rather than to compete internally.

Since then the company has continued to flourish; mergers and acquisitions, global investment and product innovation have seen Nestlé position itself as a “global leader in Nutrition, Health and Wellness” (Nestlé, 2015) and, according to Forbes (2016), it is the largest company within the food industry and the 33rd ranked company on the Global 2000 (Forbes, 2016). Whilst renowned for chocolate, it did not become a global leader on the strength of one product. Its portfolio includes, baby food, beverages, frozen food, prepared dishes and healthcare nutrition. Food and beverages in particular have been prevalent in the aggrandizement of the corporation.

Nestlé was founded in 1866 by Henri Nestlé and is today the world's biggest food and beverage company. Nestlé employed around 250,000 people from more than 70 countries and have factories or operations in almost every country in the world. The history of Nestlé began in Switzerland in 1867 when Henri Nestlé, the pharmacist, launched his product Farine Lactée Nestlé, a nutritious gruel for children. Henri used his surname, which means “little nest”, in both the company name and the logotype. The nest, which symbolizes security, family and nourishment, still plays a central role in Nestlé’s profile. Since it began over 130 years ago, Nestlé’s success with product innovations and business acquisitions

Nestlé’s aim is to be known as the leader in health sector. The company objective is that they want to build trust with the end user

According to me Nestle have only focus on the economic responsibilities and has been concern about the shareholders acceptations than the society. There is a wide space for improvement in the company’s policies towards society and environment.