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Managing for the Future - Essay Example

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Managing for the Future Introduction: Pepsi Co Inc Pepsi is one of the most renowned American multinational corporations headquartered at Purchase, New York. The company is an expert in manufacturing beverages, juices, snacks and other food products. The company was formed in the year 1995 with the merger between Frito Lay and Pepsi Cola…
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Managing for the Future
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Some of the major objectives of the company are to provide growth and opportunities to employees, fulfilling the shareholder’s expectations and creating shareholder’s value. (PepsiCo, 2013c). The vision of the company is to translate the mission and objectives through the development of social, environmental and economical development programmes (PepsiCo, 2013c). The values and philosophy of Pepsi signifies its responsibility towards societal and community needs (PepsiCo, 2013e). The main objective of the company is to attain the financial and business goals with a positive impact on the society (PepsiCo, 2013o).

The company has expanded into several segments and regions by acquiring several business units and companies like Tropicana, Pepsi Bottling Group and Pepsi Americas in the year 2007 and 2009 respectively (PepsiCo, 2013f). 1 (a) Environmental Issues Environmental issues have been a cause of huge concern for the society, government and the companies. The major cause of the environmental degradation has been the impact of the business activities and process. The alterations in the biodiversity have interacted in the most complex ways with the environment.

The environmental issues in developed and developing countries have propelled the demand for restructuring the environmental reform. Environmental issues have become a growing concern for the government of varied nations and have compelled them to create knowledge of environmental imperatives, rules and regulations. The government of varied nations especially of the developing nations are trying to manage the situational crisis by developing measures of protection for the environment. Environment protection measures by the government have helped in creating awareness among the societal members and led to reduction of economic stress.

The fundamental problems of environmental degradation could be solved with the aid of the multinational corporations. The aid of multinational corporations is required for the reduction in the carbon emissions and toxic elements (Chukwuma, 2000).The government of varied nations and the world health organizations have created several strict measures for the multinational corporations to abide by. The various environmental issues developed by Pepsi during the tenure 2007 to 2013 would be as follows: Year Environmental issues & Sustainability Technology 2007 The management had developed a programme which was known as human sustainability.

The goal of this programme was to develop food products which were healthy and nourishing for customers. The company had taken measures of reducing the water and energy consumption per unit by 20 percent (PepsiCo, 2013m). The goals of the programme were also to decrease fuel consumption by 25 percent. The company had reused the water from processing methods to provide communities access to clean water. The company was included in the Dow and Jones Sustainability Index in North America (PepsiCo, 2013h).

The company was successful in developing successful technological transformation initiatives. It was also successful in implementing techniques in PCA, Tropicana and Quaker oats for enhancing the product development process. A ground work was laid to convert the financial process, contracts, and other projects into SAP technology (PepsiCo, 2013h). 2008 The company had t

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