Why did you choose this company?
The historical origins of Nestle dates back in 1866 when Henri Nestle, a German pharmacist, was reported to have manufactured and launched a product that started it all
. The official website of the organization revealed that “Farine lactée, a combination of cow’s milk, wheat flour and sugar, (was instrumental in) saving the life of a neighbour’s child” . Now, almost 150 years since its inception, Nestle boasts of manufacturing and selling more than 2,000 brands in 196 countries . As such, the company is chosen due to its exemplary performance in the global market and its ability to provide significant health and nutritional benefits to consumers through the diverse products it offers.
What is so special?
The core competencies of Nestle focus on the company’s ensuring entrenchment in more than 196 countries through the employment of more than 333,000 personnel working in 447 factories established in 96 countries as of 2013 . The mere ability of the organization to sustain successful continued performance for almost 150 years is already an extraordinary feat. Likewise, the financial highlights of Nestle revealed that sales and total operating profits for 2013 have improved from levels in 2012 (CHF 92.2 billion and CHF 14.0 billion, respectively) . Concurrently, other remarkable contributions of the organization to society are revealed as follows: “ranked number one by the charity Oxfam in its 2013 scorecard, Behind the Brands; ranked Top 3 in global food and beverage manufacturers in the Access to Nutrition Index; Number 1 in Dow Jones Sustainability Index 2013 and achieved maximum score in the CDP Climate Performance Leadership Index” . All of the accolades and financial success attest to the exemplary acumen and skills of Nestlé’s leaders in governing the performance of the company to unprecedented heights.
What made this company successful in attracting the best employees?
The company is successful in attracting the best employees through the exemplary leadership and effective application of management principles , as well as conformity to a strategically designed Code of Business Conduct . As emphasized, people are placed at the core of its organizational endeavors. As such, management stressed that “Nestlé is more oriented towards people, products and brands than systems. We show particular concern for the well-being of our employees and consumers” . Through mutual commitment, and empowering people to undertake respective roles and responsibilities as promoters of good health and nutrition to the consumers, Nestle has attested to valuing the professional growth of its employees throughout their lengths of service at the organization.
It is the understanding of Nestle that training and development is crucial to ensure that employees remain determined to perform to the best of their abilities. Likewise, Nestle rewards exemplary performance through a ‘Total Rewards Policy’ through the provision of the following benefits: fixed and variable pay, diverse benefits, personal growth and development, as well as a balanced work-life environment .
In addition, by setting clear guidelines through the Code of Business Conduct, employees are accorded with the appropriate mindset which directs them towards ethical decision making. Organizations, like Nestle, that design ethical standards, enable personnel to exhibit the most professional behavior expected to abide by ethical, moral, and legal regulations. As such, the organization satisfies both, personnel and customers, through their commitment to people and the mission of focusing on “Good Food, Good Life” .
References
Nestle . (2013). Nestle Group. Retrieved November 21, 2014, from nestle.com: http://www.nestle.com/asset-library/documents/library/documents/about_us/quick-facts-2013-en.pdf
Nestle. (2008). Code of Business Conduct. Retrieved November 21, 2014, from nestle.com: http://www.nestle.com/asset-library/documents/library/documents/corporate_governance/code_of_business_conduct_en.pdf
Nestle. (2011). The Nestle Management and Leadership Principles. Retrieved November 21, 2014, from nestle.com: http://www.nestle.com/asset-library/documents/library/documents/people/management-leadership-principles-en.pdf
Nestle. (2013). Annual Report 2013. Retrieved November 21, 2014, from nestle.com: http://www.nestle.com/asset-library/documents/library/documents/annual_reports/2013-annual-report-en.pdf
Nestle. (2014). About Us. Retrieved November 21, 2014, from nestle.com: http://www.nestle.com/aboutus
Nestle. (2014). Rewards. Retrieved November 14, 2014, from nestle.com: http://www.nestle.com/jobs/your-career-at-nestle/rewards
Nestle. (2014). The Nestle company history. Retrieved November 20, 2014, from nestle.com: http://www.nestle.com/aboutus/history/nestle-company-history