How can a large global company like Coca-Cola manage its human resources efficiently? The example of the US divisions
Summary :
Table of Contents
- Introduction.
- Performance management.
- Rating system.
- Disadvantages and advantages.
- Recommendation.
- Compensation and grading system.
- Advantages and disadvantages.
- Recommedation.
- Career development.
- Targeted selection.
- Advantages and disadvantages.
- Recommendation.
- The succession planning.
- Short list.
- Advantages and disadvantages.
- Recommendation.
- Conclusion.
- References.
Abstract
coca-cola is one of the most famous and successful brands all over the world. The coca-cola company is a large multinational enterprise, operating in about 200 countries. This can be considered as the quintessential global corporation. We could more likely use the terms "multi-local" company as operations differ from one country to another. The company presents its main brand with a "local face" in every country where it is sold, which can be simply summarized in the famous marketing philosophy "think globally, act locally". human Resource management is a strategic function in an international organization. In the case of the coca-cola company, HRM is different in every country where the company does business. The global firm has a philosophy of a free local management. As I will not be able to study the HRM practices in all the countries where coca-cola is established, I decided to focus on the HRM policy in its home country, the United-States. We will critically go through the main elements of the HRM strategy as it is in the US.
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