Leadership and Management at the Coca Cola Company

2211 Words5 Pages

Leadership and Management at the Coca Cola Company Business is an economic institution whose goal is economic Survival and whose activities are dominated by the profit motive. Its primary purpose is to create and satisfy a customer and make a profit. To achieve this purpose, business must be skilfully managed. Management is defined as the art of conducting and supervising a business or as using judgment in business affairs. A manager is one who actively directs, controls and manipulates his or her business environment in a manner that takes account of the risks involved in order to realize monetary gain. Successful business leaders have stressed that good management skills, whether in a large corporation or in a one-person business, are vital to the success of a business. Many small business people may be good at launching their venture, but weak in managing the development and later stages of the business. DIFFERENCES AND SIMILARITIES BETWEEN A MANAGER AND A LEADER Leadership is just one of the many assets a successful manager must possess. Care must be taken in distinguishing between the two concepts. The main aim of a manager is to maximise the output of the organisation through administrative implementation. To achieve this, managers must undertake the following functions: * Organisation * Planning * Staffing * Directing * Controlling Leadership is just one important component of the directing function. A manager cannot just be a leader; he also needs formal authority to be effective. In some circumstances, leadership is not required. For example, self-motivated groups may not require a single leader and may find leaders dominating. The fact that a leader is not always required p... ... middle of paper ... ...f management style involves empowerment. In this management style individuals and teams are given responsibilities and decisions to make, usually within a given framework. If anything wrong happens then the individuals and teams are then held responsible for the decisions that are chosen. With this type of management style it allows the manager to feel comfortable with other people in the organization making some of the decisions. Democratic managers will often want feed back from their employees on decisions being made. Democratic leaders listen and act on the opinions of the group. This type of management is good as it makes the employees happy and productivity is high. This is very good because employee's thoughts and suggestions are listened to by the business. This makes the employees seem as if they are respected and that their thoughts are valid.

Show More
Related

  • Lack of Funding for NASA

    518 Words  | 2 Pages

    In 2013 spending on NASA will be at the lowest point in the last four years because the United States government is in extreme debt. Many feel that this will lead to a halt on all space exploration and technological advancements in the world of Astronomy. In my opinion I feel that this lack of funding for NASA will thoroughly hinder progress for future generations as well as our own.

    Read More

  • Nursing Leadership Analysis

    969 Words  | 2 Pages

    Leadership at times can be a complex topic to delve into and may appear to be a simple and graspable concept for a certain few. Leadership skills are not simply acquired through position, seniority, pay scale, or the amount of titles an individual holds but is a characteristic acquired or is an innate trait for the fortunate few who possess it. Leadership can be misconstrued with management; a manager “manages” the daily operations of a company’s work while a leader envisions, influences, and empowers the individuals around them.

    Read More

  • Coca-Cola Olympism Case Study

    1379 Words  | 3 Pages

    There exists a contradiction of support and conflict with commercialization of the Olympic Games and the principle of Olympism that “seeks to create a way of life based on the joy of effort, the educational value of good example, social responsibility and respect for universal fundamental ethical principles.” (IOC, 2013, p.13) The rising expense of the Games has caused the International Olympic Committee (IOC) to enlist the help of sponsors which in turn causes conflicts of the Olympic values and ideals through their educational activities. Because of this conflict not all sponsors fully meet the concept of Olympism. The philosophy of Olympism is a vital component of the Olympic Movement and the celebration of the Olympic Games. Olympism

    Read More

  • History of Coca Cola, One of the Largest Beverage Companies

    558 Words  | 2 Pages

    Coca Cola has a well-organized leadership that is established around the world. The Coca Cola Company limited is viewed as one of the world’s biggest beverage companies making it the top producer and marketer of quality soft drinks. Coca Cola faces a lot of competition in the market from companies such as Pepsi forcing them to go over budget each year on production and marketing to develop new product design and to stay ahead of the competition.

    Read More

  • A Case Study: An Overview Of Coca-Cola

    1334 Words  | 3 Pages

    History of Coca-Cola started in 1886 when the interest of an Atlanta drug specialist, Dr. John S. Pemberton, drove him to make an unmistakable tasting soda that could be sold at pop wellsprings. He made an enhanced syrup, took it to his neighbourhood drug store, where it was blended with carbonated water and regarded "amazing" by the individuals who tested it. Dr. Pemberton's accomplice and accountant, Straightforward M. Robinson, is credited with naming the drink "Coca‑Cola" and in addition planning the trademarked, particular script, still utilized today.

    Read More

  • History Of The Coca Cola Company

    715 Words  | 2 Pages

    The Coca Cola Company has been "Refreshing the World for 125 years"(Coca Cola). In the 200-plus nations that The Coca Company serves, it is hardly possible to go anywhere and not be able to find a refreshing Coke. Since its creation in 1886 by John S. Pemberton as a "Coca Cola syrup & extract"(Coca Cola), the beverage became in instint favorite and quickly became a national product in the United States. Innovations such as "The Contour Bottle" helped distinguish the Coca Cola beverage from the many other competitors that tried to imitate their success. Working with their bottler manufacturers, The company was able to patent a bottle specifically for their product. "A bottle for Coca‑Cola that was so

    Read More

  • Leadership and Management

    716 Words  | 2 Pages

    1. A. Is there a difference between effective leadership and effective management? Yes, I believe that managers are analytical, structured, controlled, deliberate, and orderly. Leaders are experimental, willing to take chances, visionaries, flexible, unfettered, and creative. These are the differences between management and leaders.

    Read More

  • NASA Budget Essay

    879 Words  | 2 Pages

    On October 1, 1958 the National Aeronautics and Space Administration (NASA) was created because of the competition to get to space between the Soviet Union and the United States during the Cold War. Today, the organization still runs in locations across the U.S. providing research and technological advances. The budget of NASA has varied throughout the years due to fluctuation in funding from private companies and the government. However, NASA should not receive budget cuts because of the technologies it has created that we use now, NASA’s plans for the future, and currently it does not receive as much government funding when compared with the positive economic impacts.

    Read More

  • Space Appeal

    4168 Words  | 9 Pages

    1 Koff, Stephen. “NASA’s new chief will ask 'why' a lot”. The Plain Dealer. January 10, 2002. National Pg. A2. Lexis-Nexis Universe. Online. Nexis. April 28, 2002. program, and would likely bring back a large public interest in the cosmos not seen since the heyday of space in the 1950s and 60s. However, NASA exists neither to entertain the American people nor to promote interest in outer space. According to Sean O’Keefe, NASA’s newly-minted Chief Administrator, it exists to “advance the development of science and technology”2.

    Read More

  • The Case Study Of The Coca-Cola Company

    1081 Words  | 3 Pages

    Coca-Cola could be a effervescent potable sold in stores, restaurants, and merchandising machines internationally. The Coca-Cola Company claims that the drinkable is sold in additional than two hundred countries. It is made by The Coca-Cola Company in Atlanta, Georgia, and is commonly said merely as Coke (a registered trademark of The Coca-Cola Company within the u. s. since March twenty seven, 1944). Originally meant as a medication once it absolutely was fictitious within the late nineteenth century by John Pemberton, Coca-Cola was bought out by bourgeois As a Griggs Candler, whose selling techniques crystal rectifier Coke to its dominance of the planet soft-drink market throughout the twentieth century.

    Read More

  • Should NASA Persuasive Essay

    957 Words  | 2 Pages

    In 2012, under the Obama administration the total budget was $3.73 trillion and $18.7 billion of that money went to NASA. Now this may sound like a considerable amount of money, but if the U.S budget were to be represented by one hundred pennies, then merely half of a penny would be given to NASA. Since landing the first man on the moon, NASA’s budget has gone down from 4.5% of the Federal budget to 0.5%. According to a survey, most Americans think that NASA receives 20% - 25% of the U.S yearly budget. In reality, they only receive 0.5% of the budget. It is amazing to see how the space agency has benefited people on Earth with this budget, but imagine the possibilities if they received a larger portion of the budget each year. How close would we be to colonizing Mars, or what other types of technology would have been

    Read More

  • How To Use NASA Persuasive Essay

    871 Words  | 2 Pages

    In 2011 NASA’s budget was recorded at about eighteen billion dollars, .5% of the $3.4 trillion federal budget of the United States. This statistic can raise a few questions: Is it worth it? Why is the US spending so much money for space exploration when there are so many problems back at Earth that need to be solved? After further research I can safely conclude that space exploration, and manned missions to the moon have been very important in order to make scientific discoveries for the

    Read More

  • Why Is It Important To Fund NASA

    1068 Words  | 3 Pages

    Space. A vast and unforgiving environment that humans know little about. Humans barely know about the solar system they are in, let alone the millions of other solar systems that exist in the galaxy. NASA has already given us so much information about what is around us, but there is always more to learn and see in our galaxy. The possibilities are endless, or so you would think. With the many funding cuts that NASA has been taking, it is hard to know for sure how much is actually possible. The defunding of NASA has been an ongoing topic throughout these past 15 years, but what is really happening? In terms of space exploration, or even more pressing, why is space exploration important for us to fund? NASA should be funded because it provides

    Read More

  • Coca-Cola Case Study

    818 Words  | 2 Pages

    The great taste challenge was a marketing scheme developed by Pepsi Cola to convince consumers to switch from Coca-Cola to Pepsi Cola (Schindler, 1992). The blind taste test was sparking consumers to switch from Coca-Cola to Pepsi Cola in the mid-1970 (Schindler, 1992). By late 1970, Pepsi Cola had succeeded Coca-Cola in product sales in grocery stores (Schindler, 1992). The loss of market shares ignited Coca-Cola to reformulate a new smoother, sweeter cola taste to compete with Pepsi Cola (Schindler, 1992). By mid-1980, Coca-Cola was back to number one again thanks to the success of their diet cola product (Schindler, 1992). However, Coca-Cola decided to launch a newly formulated cola product to replace the old cola regardless (Schindler,

    Read More

  • Pros And Cons Of Space Travel

    1322 Words  | 3 Pages

    Private corporations, such as the Tempur-Pedic mattress company and the Umqua water purification company, received their start in the NASA space program (McBrien). Companies like these employ hundreds of Americans, and the world would surely feel their absence if these businesses did not receive a jump start from NASA. Space programs themselves contribute significantly to the economy, furnishing a significant return on the money invested in them. Estimates of NASA’s economic gain relative to money spent range from 2-to-1 to as high as 14-to-1 (McBrien). In any event, the companies and technologies that originated in space research certainly provide full reimbursement for government spending on

    Read More

More about Leadership and Management at the Coca Cola Company

Open Document