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Human Resource management coca cola/problems/solutions
- 1. . .
- 2. Final project Business and ethics
- 3. Presented By: • Muhammad Ahsan Zahid (L1F21BBAM0089) • Mujtaba Shafique (L1F21BBAM0068) • Huzaifa Javed (L1F21BBAM0082)
- 4. COCA COLA • Largest multinational beverage corporation • Founded on January 29,1982 (130 years ago) • Revenue of 37.27 billion • Number of employees:86200 • Selling more than 500 brands in over 200 countries
- 5. MISSION To refresh the world in mind, body and spirit To inspire moments of happiness To create value and make a difference To become the largest beverage company
- 6. VISION •Craft the brand and choice of drinks that people love •Quality beverage brands •Be a highly effective, lean and fast- moving organization •Maximize long-term return to shareowners •To create a more sustainable business and better shared future
- 7. Values • Leadership • Collaboration • Integrity • Accountability • Passion • Diversity • Quality
- 8. HUMAN RESOURCES MANAGEMENT • Process of planning, organizing, motivating and controlling the procurement, development, compensation, integration, maintenance and separation of organizational human resources to the end the organizational, individual and societal needs are satisfied. • Human resource management includes activities like • Recruitment and selection • Training and development • Performance appraisal and feedback • Pay and benefits
- 9. Company Policies And Strategy Coca Cola HR department involves in company strategic planning before hiring Forecast for the expected employees needs in the organization They forecast of employees on change of technology After planning they send this report to head office for approval After approval, recruitment process is started
- 10. Recruitment And Selection Process Advertisement on internet, television and newspaper Coca cola collect the data of applicants in advance Offer both ways to submit resume (manual/Online) Follow decentralization approach Background investigation
- 11. Recruitment And Selection Process • Employee test • Group exercises • Presentations • Group discussion Selection process • Nondirective interview • Structured interview Interviews
- 13. Performance Management GOALS ARE SET FOR EACH EMPLOYEE PERFORMANCE IS COMPARED WITH THE STANDARDS THAT HAVE BEEN SET PROVIDE FEEDBACK
- 14. Compensation and benefits •Basic salary •Social security •Gratitude fund •Pick and drop service •Medical facility
- 15. The HRM Issues Faced by Coca Cola • No allignment b /w Corporate and HR strategy • Solution • Appointment of Managers,VP and area general • Pay Rate: • Decreased pay rate and additional facilities issues like equality,commitment and flexibility • Solution • Concentrate on resource based research
- 16. Continued •Learning Organization •Personal growth •Teaching new tech to increase productivity •Aware employees of new and d/f perspective
- 17. Continued •Knowledge Management •Lack of time and management •Information is not classified properly •Lack of training •Knowledge management not integrated into normal work procedure