General Mills Inc.: Where We Are Now

Introduction and Where We Are Now

General Mills, Inc (GMI). produces and markets branded consumer foods globally. They also supply branded and unbranded food products to the foodservice and commercial banking industries. It offers ready-to-eat cereals, refrigerated yogurt, ready-to-serve soups, dry dinners, shelf stable and frozen vegetables, refrigerated and frozen dough products, dessert and baking mixes, frozen pizza and pizza snacks, grains, and fruit and savory snacks; a range of organic products, including soups, granola bars, and cereals; and ice cream and frozen desserts, and grain snacks. According to General Mills Inc. the company retails its products through direct sales personnel, as well as through broker, distribution to grocery stores, mass merchandisers, membership stores, natural food chains, drug, dollar and discount chains, commercial and noncommercial foodservice distributors and operators, restaurants, and convenience stores (www.generalmills.com).

General Mills Inc. is a worldwide producer of packaged consumer foods. The company produces their products in 16 countries and sells them in over 100 countries (www.generalmills.com). It is headquartered in Minneapolis, Minnesota and employed about 41,000 employees as of May 26, 2013. The company recorded revenues of $17,774.1 million in the financial year ended May 2013 (FY2013), an increase of 6.7% over FY2012. The operating profit of the company was $2,851.8 million in FY2013, an increase of 11.3% over FY2012. Its net profit was $1,855.2 million in FY2013, an increase of 18.4% over FY2012 (www.generalmills).

The Human Resources Department (HRD) is the unit responsible for providing the leadership to develop and refine key operational plans to promote the incr...

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...rking. Action steps include:

1. Determine a needs analysis.

2. Determine who will work on the benchmarking project.

3. Determine which metrics to use for evaluation.

4. Develop what guidelines will be used for the results.

The seventh challenge is to develop a wellness program within the community. Action steps include:

1. Determine which communities need a wellness program.

2. Implement the program plan.

3. Develop metrics to evaluate outcomes

The eighth challenge is to increase the diversity globally. This plan will be integrated with the current Diversity and Inclusion Plan. Action Steps include:

1. Initially focus on increasing the diversity of cultures.

2. Develop a plan to increase the diversity of employees over the long term to include developing relationships with various countries where General Mills has presence.

3. Develop metrics to evaluate outcomes