Nestle is a multinational packaged food and beverage company founded and headquartered in Vesey, Switzerland. Nestle Company is the world’s first company to make infant cereal. Henri Nestle is the chemist who starts to do research on baby food in year 1867. His products soon became known worldwide after introducing a baby drink, which is his new product. In 1905, Nestle Company merged with Angle-Swiss Condensed Milk Company and after that Nestle Company produced milk chocolate.Nestle has a wide range of products across a number of markets including coffee, bottled water, other beverages, chocolate, ice cream, infant foods, performance and healthcare nutrition, seasonings, frozen and refrigerated foods, confectionery and pet food.
Because of its variety production, now Nestle becomes of the largest food companies in the world, marketing over 8500 brands and 30,000 products. Nestle has almost 500 factories around the world and employs more than 200,000 employees worldwide. Nestle operates in nearly 100 countries across 5 continents and the brand is trusted and confident for its customers to consume.Under the leadership of Peter Brabeck- Letmathe, Nestle went through second-order change. According the National Academy for Academic leadership “Second-order change is deciding – or being forced – to do something significantly or fundamentally different from what we have done before. The process is irreversible: once you begin, it is impossible to return to the way you were doing before. Second- order, discontinuous change is transformational, radical, and fundamentally alters the organization at its core.
Second- order change entails not only developing but transforming the nature of the organization.Below I have listed a few examples of this second order change: • Nestle only sold through sales agents to countries outside of its home market. • Its launch into the American market was initiated when the First World War increased demand for dairy products. Nestle took this opportunity to establish its presence in the United States by acquiring several existing factories. • In 1974 Nestle diversified for the first time out-side the food industry in order to promote growth.Change may mean adding on to, and integrating, rather than removing and replacing current practices. What this reminds the managers of change is that they need to assess how carrying out a change will impact upon current practices and the extent to which a change will create ripple effects on practices and routines that they need to retain.
So instead of removing the technological policy of the firm, they can try to improve it. Nestle can also downsize their firm. Downsizing is the intentional process of permanently reducing staff numbers in an organization.Since they are unnecessarily big and invested every single sector, they can sell some of their industries and focus on most profitable ones. There are three examples of lessons from the front line that are evident in the Nestle case. They are: • There is a dramatic pace of change in Nestle. This has to be slowed down.
• There is high risk in its investments; the firm has to hedge its risks. • There is a wrong policy in technology. Care needs to be taken in assuming that types of organizational changes can be neatly categorized as small, adaptive, and incremental compared to those that are large and transformational.
Identifying risks and opportunities with Blockchain technology?
Identifying risks and opportunities with Blockchain technology?.
A 15000 word dissertation Indicative Title: Risks and opportunities for Shell Energy in the renewable energy sector. Indicative aims and objectives: Identifying and managing critical risks and opportunities associated with the upstream and downstream strategy of Shell in the oil and gas industry? Identifying risks and opportunities with Blockchain technology? Managing the risks and opportunities for a sustainable future in the renewable energy sector? Summary of the literature/ rationale for the study (about 200 words): The oil and gas industry leaders Shell and BP have bought transformational change in recent years with investments in renewable resources and acquisitions with start-ups and well-established energy companies in order to get ahead of the competition in the growing renewable energy industry. Among the renewable energy sector, Blockchain technology has disrupted the energy landscape with the ability to be manage and monitor transactions with no central authority since it is a shared and immutable ledger (SUSI Partners – Sustainable investments, A signed copy of this form must be submitted on Blackboard. Leicester Business School Topic agreement form 2 2018). In April 2017 Deloitte suggested blockchain has the potential to make a difference in the oil and gas industry mainly covering factors such as trading, decision making, supervision, and cyber security (Lu, 2019). Based on (Bryant, 2018) energy utility business models are increasing in the renewable energy sector, this paper is adding to the research by scrutinizing the technology used in order to make a sustainable business model for the fast pace transformation.
The development of research in this field allows further exploration on potentially risky and opportunistic areas, the gaps and methods will explore the consistency of the ‘blockchain technology’ in the energy sector. References : Bryant, S. S. (2018). “The typologies of power: Energy utility business models in an increasingly renewable sector”. Journal of Cleaner Production vol 195, 1032-1046. SUSI Partners – Sustainable investments. (2018). Blockchain – Disrupting the renewable energy landscape. Basel: SUSI Partners AG white paper in cooperation with the Center for Innovative Finance, University of Basel. Lu, H. H. (2019). “Blockchain technology in the oil and gas industry: A review of applications, opportunities, challenges, and risks”. IEEE Access, vol. 7, 1-19. Indicative data Collection methods (about 80 words) The research will be gathered by collecting information from annual reports and financial statements. Case studies of Blockchain technology will identify the risks and opportunity factors from 2009-2019. In order to get robust data a mix of qualitative and quantitative data will be used in collecting information from official annual reports and case studies. The qualitative data will highlight risks in relation to risks factors and opportunities from the annual report in a comparison of the upstream and downstream shifts. The quantitative data will be an analysis on financial data from the Shell’s revenue and investments in order to determine the risks and opportunities in the future of renewable energy sector. Case studies will include examples of Blockchain technology as company examples. The data will be used to determine the past, current and future position of Shell and an analysis will be made on the risk culture and risk appetite of Shell by creating a risk register for the risks and opportunities. The data will be presented in charts and tables in order to provide detail in the analysis. The Analysis will be followed by a discussion on the results and a conclusion. Previous data will identify the changes in organisational goals and how the disrupting factors have changed company perspectives. Distinct results from the data will identify the robustness of Shell’s business continuity & crisis management
Essay Help “>Essay Help