NESTLE Nestle is a multinational company which has got its headquarters in Vevey Swiss. By the measure of its revenues it is the largest food and beverage company in the world. The Nestle company began around 1860s.It was started by a person called Henri Nestle when he came up with the first baby formula. In 1905 Nestle mergered with another company called Anglo –Swiss Milk Company which was established in 1866 by George and Charles who were brothers but retained its original name. The new Nestle company started new factories in many countries like Britain, Spain, Germany united states and Australia. During the First and the second world war the company grew significantly and started manufacturing variety of products. The Nestle company has made a good number of acquisitions which includes, Findus in …show more content…
All end of department s were trained on necessary skills of new management.
Constant communication: Change leaders should always keep communicating to all employees so as to ensure there is clear implementation of the new management strategies.
Creating ownership: Leaders of Nestle over performed and took the responsibility for making change real. They involved people in identifying problems and coming up with solutions.
Dedicating a team: Nestle leadership selected a team which was to oversee the implementation of the new management. The team made sure that everything was implemented as planned and recommended for necessary changes were there was need.
Today Nestle operates in over 81 countries. It has 522 factories all over the world and 20 groups which are technological. Nestle market share is 80% which make it the largest milk company in the world. It has developed over 8000 products which are available around the world. In Fortune Global 500 Nestle was listed no.1 as the most profitable company in the all