The political environment in India has proven to be critical to company performance for both PepsiCo and Coca-Cola India. It is a process of making mistakes and learning from those mistakes.
This is where both companies can utilize their Indian experience, as for example in Pakistan or China. Yes, we agree that Coca-Cola India made mistakes in planning and managing its return to India.
Although it is now No. Finally, having a good exit strategy is a lesson that both these companies should keep in mind while working in politically unstable countries.
Regardless of measurement semantics, why do projects fail? There are many ways to measure success and failure, but there is no strict dividing line between the two. Lack of executive support can and does jeopardize projects. It is left to the project manager to properly implement the communication of these responsibilities, to provide feedback, and to assure all understand that for which they will be held accountable.
Pepsi has had alliance with most of the popular actors, it has been the Official Sponsor of Indian cricket team for a long time.
A successful project must be on time, on budget, and deliver quality features and functions as promised. The huge loss that the company had to write off suggests poor financial management by the Indian division of the company.
A lot of on -site promotional activities like offering exotic free trip offers to Goa with the purchase of a bottle of Coke. Timing of entry into any market is an essential foundation that determines the future growth and success of a company. Clear Responsibility and Accountability of Team Members This requires that all team members have a clear understanding of their roles and duties in the project.
Project team members spend a part of each day looking for problems that have surfaced or are about to surface. How to devise strategies to target this huge sector should be an opportunity and an important lesson for both PepsiCo and Coca-Cola from their Indian experience.
They must understand how expectations vs. Gary Klein, and Joseph Balloun Competent project team members. What lessons can each company draw from its Indian experience as it contemplates entry into other Big Emerging Markets? So this leads to several questions.
Good project management is a process of continuous improvement. Including planning, schedules, etc. Coca cola has followed suit and has considerable presence in the rural areas as well. Lace of Executive Support 6. How have the two companies responded to the sheer scale of operations in India in terms of product policies, promotional activities, pricing policies, and distribution arrangements?
But in each case you must ultimately make the decisions based upon the unique circumstances of your immediate project.
Some analysts consider that Coca-Cola India made mistakes in planning and managing its return to India.The two note that other measures, such as quality, may be better at forecasting, but can be difficult to implement.
First of these is a closer link to long-term organizational strategies. The long-term picture is worse. Inglobal revenue was $46 billion, down 4% ($2 billion less) from Coca-Cola has been missing its own 3% to 4% annual volume growth target for two.
The Role of Information Technology in Business Success. The technology which has already proved itself in last two decades is of course the information technology (IT).
I think, it is. Which of the two companies do you think has better long-term prospects for success in India? What lessons can each company draw from its Indian experience as it contemplates entry into other Big Emerging Markets?
PROJECT SUCCESS AND FAILURE: WHAT IS SUCCESS, WHAT IS FAILURE, AND HOW CAN YOU IMPROVE YOUR ODDS FOR SUCCESS? Two or three heads are often better than one, so listen to the others – you might learn something.
Think about this next time you don’t want to share the load, perhaps because no one can do it better than you.
JIANG’S LIST. Case Study Essay Sample. 1. The political environment in India has proven to be critical to company performance for both PepsiCo and Coca-Cola India.
Which of the two companies do you think has better long-term prospects for success in India? Though it is uncertain to predict the better long-term prospects of both PepsiCo and Coca Cola.Download