Wednesday, May 13, 2020

What Are Some of the Workforce Trends That Coca-Cola Needs To Address Free Essay Example, 750 words

It is evidently clear from the discussion that the workplace trends that Coca-Cola reportedly recognizes and addresses include the following: compliance with local hours of work, contract labor issues, and workplace safety, to name a few. For instance, under hours of work, the company announced looking into situations necessitating overtime work and finds out ways to minimize these. As noted, reducing overtime can increase employee morale and decrease quality incidents thereby improving business results and fostering a Great Place to Work . Moreover, for contract labor issues, the organization has designed a Supplier Guiding Principles to govern the action of external labor agencies and ensure adherence to ethical standards. Finally, the organization affirms a commitment to workplace safety through their Human Rights Policy. As emphasized, our Human Rights Policy demands we take responsibility for maintaining a productive workplace by working to minimize the risk of accidents, inj ury, and exposure to health risks for all of our associates and contractors . Similar organizations which could be used as benchmarks for addressing workforce trends are those private organizations who were recognized as included among Fortune s list of top 10 list of most admired companies, of which Coca-Cola ranked number 10.We will write a custom essay sample on What Are Some of the Workforce Trends That Coca-Cola Needs To Address or any topic specifically for you Only $17.96 $11.86/page As noted, Coca-Cola has the financial muscle and management expertise to address the ongoing secular changes in the industry, which will support its long-term performance as the company continues to invest behind its brands in an attempt to strengthen and diversify its product portfolio, its revenue growth will improve . Thus, there are still growth prospects seen to be evident in the beverage industry.

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