Case study on kerry group Essay

IntroductionAs part of my stemma organisation c atomic number 18 assignment I ca-ca been asked to investigate and evaluate the internal and impertinent environment of an organization and the concussion of change on an organization I intend on outlining the purpose, mission, vision , objectives and organise of this organization, explain the relevance of the lineament of structure. Do a pest and swot analysis and evaluate the impact of change on the organization , I go away be terminate this assignment with the aid of the website , Kerry viandsgroup.com the internet and my class notes.AimsThe aims of this assignment ar to observe I deal out the future(a) aspects Relevant information appropriately presented pinch and knowledge of chosen topic clear demonstrated Present germane(predicate) data and statistics that support my workComprehensive evaluation of topic clearly demonstratedConclusions and recommendations bibliographyOrganisation symbolsI am going to explore the f ollowing organisation typesSole TraderPrivate exceptional Comp some(prenominal) prevalent curb CompanyCo-OperativeSole dealerA sole trader is a type of moving in entity that anyows one person to be just responsible for the fiscal dealings of the business. The benefits and disadvantages of being a sole traderAdvantages You argon your own boss .Set your own working hours. separate your rate of pay.Easy to curing up.This form of business ownership has fewer regulations than other systems ofownership do. And another major benefit of operating as a sole trader is the ability to exert full say-so over the businessDisadvantagesUn special(a) liabilityNo sick pay. exclusively pressure and responsibility is on you.No one o cover you if something happensIncome tax 20-41%No one to share decisions injure every last(predicate) lossesPrivate circumscribed CompanyPrivate moderate companies are viewed as corporations under the law and share several reciprocal characteristics with all cor porations. However, private corporations are owned and operated by a mid bring down group of people. Because of their structure, private limited corporations operate under a correct of limitations not imposed on public corporations.AdvantagesA private limited company is run by a small group, Many of them members of a single family, that wishes to limit the influence of outsiders on its company. Because private limited companies are run by a small group, they are usually not subject to takeovers and other challenges faced by public companies. The minmum required to set one upis 1 person and the max is 99.DisadvantagesProfit SharingTaxes insufficiency of privacy, information concerning the company is made public.Public limited companyA company whose shares are traded on a contain exchange and fecal matter be bought and sold by anyone. Public companies are exactingly regulated, and are required by law to publish their complete and true financial position so that investors can dete rmine the true worth of its stock . Also called a plc Facebook is a reality formed plc .AdvantagesThere is limited liability for the shareholders.The business has separate effective entity. There is continuity compensate if any of the shareholders die. These businesses can raise large capital sum as there is no limit to the number of shareholders. The shares of the business are freely transferable providing more(prenominal) liquidity to its shareholders .DisadvantagesThere are lot of legal bits and pieces required for forming a public limited company. It is costly and cadence consuming. In order to protect the interest of the ordinary investor there are strict controls and regulations to comply. These companies piss to publish their accounts. The original owners may lose control.Public Limited companies are huge in size and may face attention problems such as slow decision making and industrial dealings problems. Co-OperativeA co-operative is a group of people acting together to live up to the common needs and aspirations of its members e.g the Credit union, sharing ownership and making decisions democratically. Co-operatives are not about making big profits for shareholders, but creating time value for customers this is what gives co operatives a unique character, and influences our values and principles.AdvantagesIt is usually inexpensive to usher a joint. each members and shareholders must be active in the cooperative. Shareholders have an equal vote at general meetings regardless of their shareholding or pastime in the cooperative. Members, other than directors, can be under18, though these members cannot meet for office and do not have the right to vote. Shareholders, directors, managers and employees have no responsibility for debts of the cooperative unless those debts are caused recklessly, negligently or fraudulently. A cooperative is owned and controlled by its members, rather than its investors.DisadvantagesThere must be a minimum of fi ve members.There is a usually a limited distribution of surplus (profits) to members/shareholders and some cooperatives may prohibit the distribution of any surplus to members/shareholders. Even though some shareholders may have a greater involvement or investment than others, they still only get one vote. Active and direct involvement of members/shareholders in the cooperative.These bullet points and definitions where all found in my class notes and I in like manner used www.cro.ieKerry Foods groupThe company I am going to focus on will be Kerry foods group the history of the organisation traces the evolution and growth of Kerry theme from its modest beginnings in the south west of Ireland some 30 age ago into a successful, publicly traded, multinational corporation and starring(p) impostor in the global food industry. Having commenced operation from a green airfield site in Listowel, Co. Kerry in 1972, the Kerry organisation has realised sustained paid growth with curren t annualised sales of approximately 5.8 billion, Kerry class today is a world attraction in food sections and flavours serving the food and boozing industry, and a leading supplier of added value brands and customer mark foods to the Irish and UK marts.Kerry has grown to become one of the largest and most technologically advanced manufacturers of ingredients and flavours in the world. Spanning all major food categories, Kerrys core technologies and global resources in culinary, dairy, lipid, meat, cereal, sweet and beverage systems andflavours provide innovative, practical mathematical product solutions to food manufacturers and food service companies.PurposeKerry Foods operates in Ireland and the UK. they market there own brands crossways a wide range of categories and supply supermarket private labels in selected areas. they also have become one of the leading chilled foods companies in the geography with A strong portfolio of brands, in which they continue to invest and g row conterminous working relationships with retail customers to develop mutually successful, private label business An unrivaled national service to the fencesitter convenience sector, in both the UK and IrelandMission statementKerry meeting will be the world leader in food ingredients and flavours serving the food and beverage industry, and a leading supplier of added value brands and customer branded foods to the Irish and UK markets Through the skills and sincere commitment of ther employees, we will be leaders in our selected markets excelling in product quality, technical and marketing creativity and service to our customersWe are committed to the highest standards of business and ethical behavior, to fulfilling our responsibilities to the communities which we serve and to the creation of long-term value for all stakeholders on a socially and environmentally sustainable basis.VisionGroup Goals & massive Term Targets Group revenue +2% to +4% (LFL) volume growth Margin 10 % Group margin in 5 years Adjusted EPS* 10%+ ROAE* 15%+ and CFROI 12%+ObjectivesKerrys Sustainability Programme represents a journey of continuous improvement an ongoing process and strategy to cook sustainable growth. Sustainability is at the heart of our business strategy and enshrined in our bodied mission statement.As a world leader in ingredients & flavors and as a major consumer foods organization in Europe, Kerry aims to conduct its business in a responsible and sustainable manner.This gets a holistic approach to Group activities involving coating liaison with our customers, suppliers, regulatory authorities, employees and other relevant stakeholders.Our Kerry Group Sustainability Council appraises, directs and provides leadership in promoting industry best practice sustainability program throughout the Group. Its membership includes Directors of Group functions with responsibility for all pillars of Kerrys Sustainability Programme.Structure of the organizationBusiness s tructureThe Group is divided into several divisionsKerry Ingredients & Flavours is the largest division producing over 15,000 ingredients, flavours and integrated solutions from more than 125 manufacturing sites worldwide. It claims to have become the largest and most technologically advanced supplier of technology-based ingredients, flavours and integrated systems. Kerry Foods supplies added-value branded and customer branded food products to supermarket chains, convenience stores and independent retailers across the UK and Ireland. It has 15 manufacturing facilities all in Ireland and the UK.Products include sausage, cut bacon, sliced meats, pastry products, ready meals, ready-to-cook products, savoury snacks, cheese, cheese snacks, dairy spreads, low-fat spreads, UHT products, home-baking products, salads, sandwiches and fruit juices.Consumer branded products include in Ireland Denny, Galtee, LowLow, Dairygold, Cheestrings, Charleville Cheese, Shaws, Coleraine, Golden Cow, Eas iSingles, Dawn, Roscrea, Kerrymaid, Golden Olive, Mitchelstown, Calvita, Ballyfree, Move over cover and Freshways in the UK Richmond, Walls,Mattessons, LowLow, Cheestrings, Pure, Mr. Brains, Porkinsons, Bowyers, Lawsons, Greens and Homepride. Kerry agribusiness is headquartered in Charleville, Co. Cork, and works with the Groups 4,000 draw suppliers in Ireland, to produce milk and related dairy products.Why have structures?Because it allows each sector to oranise itself.All businesses have to know what to doA clear structure makes it easier to apprehend the organisations objectives Organization chartWhat is a organisation chart?Companies use the organisational chart to pictorially depict their prevailing hierarchies, work flow and means-responsibility diagrams. clear companies use flat organizational charts and large companies use tall organizational charts.FunctionThe main purpose in drawing an organizational chart is to visually represent employee structures of the organi zation. One glance at the chart tells the witnesser of all reporting to a particular employee and to whom he is answerable for work-related matters.FeaturesA tall organizational chart is one that is shaped like a pyramid. There are several layers and tiers of employees. This structure is narrow and the top and ample at the bottom.A flat organizational chart is wide and wondrous all throughout. More often than not, the employees report directly to the top management. This is pictorially depicted by a flat organizational chart.ConsiderationsThe type of organizational chart that the company draws must be based on the type of trade it is into. It is not practical and feasible for largecompanies to have a flat organizational structure and chart. Large companies tend to centralize authority and departmentalize their strategic functions.Likewise, when small companies use the tall organizational structure and chart, they have to deal with greater bureaucracy and middlemens salaries.Is Ke rry food group a flat or tall organisation?Swot Analysis of Kerry GroupKerry Group, Plc.CategoryFood ProcessingSectorFood and BeveragesTagline/ SloganBrands that recallUSPIts worldwide facilities and unrivalled technical support network guarantees that its highly acclaimed ingredient systems and technologies are available to food mainframe or foodservice companies in all markets.STPSegmentBusiness segments Ingredients incorporating Culinary, Flavours andBio-Science, Consumer Foods, Agribusiness and DairiesTarget GroupAgribusiness Food sector, Animal feed sector, Drinks sectorConsumer Foods & Dairies Consumers of branded & private labelled food productsPositioningCommitted to evolving food and developing brands that deliver, time and time againSWOT AnalysisStrength1. Established global touch on and technical network with an ingredients portfolio extending to some nine thousand products to food processor and foodservice markets in over 120 different countries 2. Core technological strengths in savory ingredients, sweet ingredients, food coating systems, nutritional systems and specialty protein applications 3. An unrivalled national service to the independent convenience sector, in both the UK and Ireland 4. cozy working relationships with retail customers to develop mutually successful, private label business5. One of the leading consumer brands in Ireland and EuropeWeakness1.Input cost excitableness due to raw material pricing being impacted by adverse crop production conditions 2. Limited market share and constrict from competitive markets 3.Ingredients and Flavours market is highly fragmentedOpportunity1.Growth in have for convenient ready-to-use foods to match modern lifestyles and for fresh natural food products 2.Growing Ingredients and Flavours market3. Tapping global capability via emerging markets & global customersThreats1.Food industry supply and demand issues2.Commodity cost inflationary momentum3.Impact of foreign exchange fluctuationsCompe titionCompetitors1.Associated British Foods Plc.2.Greencore Group Plc.3. Westbury Dairies LimitedPest analysis