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The Coca-Cola Company at a Glance Uppers Interesting projects and dedicated colleagues Good health and retirement benefits All the Cokes you can drink Downers Old-style management that is slow to embrace telecommuting and work-life balance. Limited advancement Discourages "out of the box" thinking The Bottom Line If you're a team player, seek structure and enjoy basking in the glow of a global brand, you're a good fit for Coca-Cola.
But iconoclasts who seek fast action on innovative ideas should look elsewhere. About The Coca-Cola Company Coke is it -- it being the 1 nonalcoholic beverage company in the world, as well as one of the world's most recognizable brands.
The Coca-Cola Company is home to more than beverage brands, some 20 of those billion-dollar-brands, including four of the top five soft drinks: In addition to soft drinks, it markets waters, juice drinks, energy and sports drinks, and ready-to-drink teas and coffees.
Other top brands include Minute Maid, Powerade, Dasani, and vitaminwater. With the world's largest beverage distribution system, The Coca-Cola Company reaches thirsty consumers in more than countries.
Its geographic operating segments primarily manufacture and sell beverage concentrates and syrups. The Coca-Cola Company has about offices, plants, warehouses, and other facilities across the globe.
Sales and Marketing The Coca-Cola Company reaches customers through the largest beverage distribution system in the world, made up of company-owned or controlled bottling and distribution operations, as well as independently owned bottling partners, distributors, wholesalers, and retailers.
The company is a world-class advertiser, known for multiple popular ad campaigns stretching back many decades. Financial Performance The Coca-Cola Company's annuals sales and profits have been trending lower over the past several years as traditional soft drink sales have fallen with changing consumer tastes in developed markets.
As with revenue and net income, the company's cash balance declined as well. Strategy The Coca-Cola Company is dealing with headwinds in two primary areas: Expanding its self-described "consumer-centric" portfolio -- by quickly scaling wins from market to market and embracing an experimental, test-and-learn approach -- is how the company plans to grow.
Coke has been focused on waters, juices, teas, and low- or no-sugar drinks. In it acquired US rights to Topo Chico premium sparkling mineral water, introduced Honest Tea and glaceau smartwater to new international markets, and rebranded and relaunched Coca-Cola Zero Sugar which was also pushed into some 20 new markets.
Overall in the company reduced sugar in more than drinks and introduced some new products across its portfolio. Through its "lift and shift" philosophy, Coke moves successful products into new markets across the globe, sometimes with the same recipe and sometimes with customized changes to better appeal to local consumers.
In addition to the expansions of Honest Tea, smartwater, and Coke Zero Sugar, the company introduced Zico coconut water into several European and Asian markets and plans to begin selling Latin American brand Ades plant-based beverages in Europe in Lastly, to compensate for falling sales amid these changing times, Coke has embarked on a major refranchising initiative through which bottling operations are returned to local ownership.
It completed the refranchising of the bottling systems in the US and China increating a much more capital-light organization. In it embarked on a refranchising of its Canadian bottling operations.
The chain boasts more than 2, coffee shops in the UK, 1, shops across 31 international markets, and 8, vending machines.
Its international locations include some locations in China, of which were part of a joint venture with Yueda before Costa acquired the business in its entirety in The deal brings coffee into the Coca-Cola fold for the first time, provides an extensive international platform, and also diversifies away from sugary drinks, which face heavy taxation in increasing numbers of jurisdictions.
The deal was another investment by the company into an international brand in Latin America. The acquisition of Ades shows the company is working to providing increased choice of nutritious products to its consumers.The Hollywood Reporter is your source for breaking news about Hollywood and entertainment, including movies, TV, reviews and industry blogs.
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