Nestl Is The Most Successful Organization Essay

Nestl Is The Most Successful Organization - Essay ExampleNestle boasts of manufacturing more than 10,000 different products and sells over a billion products daily. Despite the number of countries wherein Nestle operates globally, their aw arness of the importance of integrating local culture in each drove countrys operations precedes to their success. They averred that there is no one single product for everyone - our products are tailored to suit tastes and habits wherever you are. The companys focus and the emphasis are strategically manifested in four words Good Food, Good Life. In order to sustain the organizations capability to ensure that their products remain to give maximum nutritional benefits, their Research and Development (R & D) are allocated approximately CHF 1.5 billion annually to continually innovate and exalt existing products. Nestle has instituted a unique program which combines financial success with corporate social responsibility. The company coined the pr ogram Creating Shared Value to encompass the spare-time activity using our core business strategies and operations to create value for shareholders serving consumers and the public by offering them nutritious products that are both enjoyable and contribute to their health and well-being and seeking to improve the economic and social conditions for people and communities across our entire value chain for farmers who supply us raw ingredients, for communities where our factories are located, for suppliers who work with us and for our trade partners Nestle Creating Shared Value, 2010, par. 4)