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Nestlé Company Profile and Culture Insights

Nestle is a 154-year-old publicly traded Swiss food and beverage company headquartered in Vevey, Switzerland. It produces baby food, coffee, dairy, water and other products worldwide, employing over 350,000 people. Nestle has an organizational culture that values work-life balance, diversity, and fair compensation. It uses various appraisal systems including behavioral checklists, 360 degree feedback, and psychological assessments to evaluate employees. Nestle has a matrix organizational structure where employees have dual reporting relationships to functional and product managers.

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501 views4 pages

Nestlé Company Profile and Culture Insights

Nestle is a 154-year-old publicly traded Swiss food and beverage company headquartered in Vevey, Switzerland. It produces baby food, coffee, dairy, water and other products worldwide, employing over 350,000 people. Nestle has an organizational culture that values work-life balance, diversity, and fair compensation. It uses various appraisal systems including behavioral checklists, 360 degree feedback, and psychological assessments to evaluate employees. Nestle has a matrix organizational structure where employees have dual reporting relationships to functional and product managers.

Uploaded by

surbhi thakkar
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© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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  • Company Profiling
  • Organizational Culture and Appraisal System
  • Organizational Structure

COMPANY PROFILING

Type: Public

Traded as: SIX: NESN

Industry: Food processing

Founded: 1866; 154 years ago (as Anglo-Swiss Condensed Milk Company)

1867; 153 years ago (as Farine Lactée Henri Nestlé)

1905; 115 years ago (as Nestlé and Anglo-Swiss Condensed Milk Company)

Founder: Henri Nestlé

Headquarters: Vevey, Vaud, Switzerland

Area served:Worldwide

Key people: Paul Bulcke (Chairman)

Ulf Mark Schneider (CEO)

Products: Baby food, coffee, dairy products, breakfast cereals, confectionery,


bottled water, ice cream, pet foods etc.

Revenue: Increase CHF91.43 billion (2018)

Operating income: Increase CHF13.75 billion (2018)


Net income: Increase CHF10.46 billion (2018)

Total assets: Increase CHF137.01 billion (2018)

Total equity:Decrease CHF58.40 billion (2018)

Number of employees: Increase 352,000 (2019)

Website: [Link]

ORGANIZATIONAL CULTURE OF NESTLE

EMPLOYEE DISCOUNT: employees are given 10% discount

PATERNITY & MATERNITY LEAVE: for 6 months

VACATION AND PAID OFF: they require employees to make sure that the leaves
are used to relax and unwind”

HEALTHY WORKING CONDITIONS: provided with healthy working conditions

DIFFERENT DIVERSITY OF PEOPLE: people from different background work


together

WORK LIFE BALANCE: work life balance is maintained

REMMUNERATION: fair remuneration is structure offering attractive packages


Organizational culture is a system of shared assumptions, values, and beliefs,
which governs how people behave in organizations.

APPRAISAL SYSTEM AT NESTLE

Behavioral check list: It has a list of criteria that an employee should workup to
be a diligent worker .This method is considered favorable as evaluation is done on
basis of indusial employee without comparisons.

360 degree appraisal: It involves feedback of manager, supervisor, team members


and direct reports. In this method, employees complete profile is collected and
assessed including evaluating the employees work performance and technical
skill.

Psychological appraisals: This appraisal method evaluates the employee’s


intellect, emotional stability, analytical skills and other psychological traits. This
method makes it easy for the manager in placing the employees in appropriate
teams.

Organizational Structure

An organizational structure defines how job task are formally divided grouped
and coordinated. It’s a matrix organizational structure in which the reporting
relationship is setup as a matrix, rather than tradition hierarchy. Employee has
dual reporting relationship generally to both functional manager and product
manager.
SUBMITTED BY : SURBHI THAKKAR(0191MIB036)

COMPANY PROFILING Type: Public Traded as: SIX: NESN Industry: Food processing Founded: 1866; 154 years ago (as Anglo-Swiss Co
Net income: Increase CHF10.46 billion (2018) Total assets:Increase CHF137.01 billion (2018) Total equity:Decrease CHF58.40 bi
assessed including evaluating the employees work performance and technical skill. Psychological appraisals: This appraisal
SUBMITTED BY : SURBHI THAKKAR(0191MIB036)

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