Thirsty for a cold Mountain Dew or Pepsi? Hungry for some Ruffles potato chips? Or maybe it is breakfast time and some Quaker oatmeal is on the menu. These are just some of the items the company PepsiCo handles. PepsiCo handles a variety of items from beverages and snacks to Quaker products and breakfast cereal to Gatorade and Propel Zero water. PepsiCo has remained a highly successful organization throughout these rough economic times. PepsiCo's executive management team has done an outstanding job in managing the company through a recession and created more global expansion for the company. This paper will explain how the company is managed, what the culture is like, and how management control is handled and how that balance creates a great company like PepsiCo.
Strategy, Planning, and Operations
Strategy is the plan for how an organization will do what it's in business to do, how it will compete successfully, and how it will attract and satisfy its customers in order to achieve its goals (Robbins & Coulter, 2009, p.163). Strategic management is what the managers do to help with achieve the organization's strategy goals. PepsiCo has an excellent leader in their Chairman and Chief Executive Officer, Indra Nooyi. Nooyi came up with the strategy called Performance with Purpose. "Performance with Purpose encompasses PepsiCo's commitment to continue to build a portfolio of enjoyable and wholesome foods and beverages, find innovative ways to reduce the use of energy, water and packaging and provide a great workplace for our employees" ("Our Leadership", 2011, para2). "At PepsiCo, we're committed to achieving business and financial success while leaving a positive imprint on society - delivering what we call Performance with...
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...June 20, 2011 from http://www.pepsico.com/Company/Our-Mission-and-Vision.html
PepsiCo. (2011). PepsiCo. Retrieved June 20, 2011 from http://www.pepsico.com
PepsiCo. (2011). PepsiCo Values & Philosophy. Retrieved June 20, 2011 from http://www.pepsico.com/Company/PepsiCo-Values-and-Philosophy.html
PepsiCo. (2011). Media. Retrieved June 20, 2011 from http://www.pepsico.com/Story/PepsiCo-Recognized-as-a-Top-Employer-around-the-World12102010.html
PepsiCo. (2011). Purpose. Retrieved June 20, 2011 from http://www.pepsico.com/Purpose/Talent-Sustainability.html
Robbins, S. P., & Coulter, M. (2009). Management (10th ed.). Upper Saddle River, New Jersey: Pearson Prentice Hall. (PepsiCo, 2011)
Schultz, H. (April 30, 2009). The 2008 TIME 100. Builders & Titans. Time. Retrieved June 20, 2011 from http://www.time.com/time/specials/2007/article/0,28804,1733748_1733758,00.html
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