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Sunday, November 08, 2009
Corporate reputation management: Nestle
Here are some links for a case study we'll be exploring in class on Monday.
What is Nestle best known for? Confectionery (KitKat) and coffee (Nescafe) are the most recognisable of its many brands.
What about the company's strategic direction? Nestle says it is 'the world's leading nutrition, health and wellness company' and that it is committed to increasing the nutritional value of its products while improving the taste. The UK site is more explicit, claiming it's 'putting health and wellness at the heart of our business'.
As The Economist explores this week, this is a bold claim for a chocolate company ('The unrepentant chocolatier'). What are the risks and challenges arising from this focus?
We'll be analysing whether this corporate strategy is consistent with what we can know of the organisation's culture and values. How should this strategy influence corporate communications?
And then there's the long-running saga of the promotion of infant formula in the developing world. Nestle defends its actions as responsible and agrees in most cases that 'breast is best'. Yet the campaign isn't going away, and has become a defining issue for anti-globalisation activists. What can and should the company do about this? What effect could this have on its reputation, particularly in light of the focus on health and wellness?
Posted by Richard Bailey at 10:22 AM in Corporate communications, Crisis, CSR | Permalink
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