Coco-Cola Case Study Presented by: Priya Bafna Gandhali Barve Saurav Bhattacharya Suvadip Roy Anoop V.S Priyank Nair
Identification of Cocacola’s stakeholders in Vietnam & the missing link Coca-Cola is a for-profit company with many stakeholders. In Vietnam, Coca-Cola is working with local stakeholders (communities,
government and NGOs) to replenish water to nature and communities as their water programming in Vietnam is based upon the 3 “R”s: Reduce, Recycle, Replenish. The missing keys are:
Sustainability whose basic meaning is capacity to endure. To improve the sustainability without NGOs . Monitoring and Evaluation Coca-Cola is a business and investing resources. Coca-Cola depends on NGOs for program success.
Cocacola's community based project help them to promote thier business interest in the following ways1. POSITIVE BRAND IMAGE As it is mentioned in the case study that community projects
create a positive brand image with a positive press coverage. 2. One of the reason of successful business Community based projects is a part of its business model as cocola believes that successful communities translate to a successful business. 3. ROI Community based projects are the foundation of thier business and provide return on investment to shareholders and stakeholders
Key Elements in Coca Cola’s Strategy CSR activity called `Replenish’ Aim to gain water neutrality i.e replenish water sources
consumed by Coke over the years by the year 2020. Working with bottlers to reduce consumption from 2.43 liters to 2.17. Clean Water for Communities project started in 2006. Focusses on access to clean water and sanitation, by making wells, latrines and communication events. Working with NGO called CEFACOM. Invested $100,000 or 25% of annual CSR budget in Vietnam.
Risks to Using NGOs The NGOs may not be well experienced in handling the CSR
activity. Differences in Coca Cola’s vision and the NGOs implementation of activities may occur. The NGOs are a much smaller organization than a multinational like Coca Cola and can therefore lack the managerial expertise required to carry out a large scale operation. Mismanagement and inefficient use of financial resources may occur. Coca Cola would have to use additional time and resources to
Coca Cola & International CSR Coke returned to India in 1993 after the LPG policy by the government Coke was
ousted fro India in 1974. It has been chastised in Bangalore for depleting the water table due to usage for power pumps to extract water. Coke should maintain the social standards internationally like they maintain at home It is economically sustainable and Coke has undertaken water sanitation projects for schools and has also undertaken a project to introduce and implement drip irrigation methods for farmers. Law is the minimum standards of behavior or procedure to be followed by individuals or organizations Ethics is the moral code that is followed by an individual or organization. A Company’s responsibility does not stop at just following the law. It is a company ethical responsibility to give back to the society what it has taken and improve the quality of life of the people.
THANK YOU