Research Paper on "Business -- Nestle Values the Nestle Company"

Research Paper 4 pages (1149 words) Sources: 3

[EXCERPT] . . . .

Business -- Nestle Values

The Nestle Company was originally founded in 1867 by Henri Nestle for the express purpose of addressing a profoundly important human social need. He created Farine Lactee Nestlee ("Nestle Milk Cereal") to help reduce infant mortality throughout the world, particularly in impoverished regions. That fundamental concern with the betterment of the human community has continued to guide the organization into the modern age.

The Nestle Management and Leadership Principles (2009) were first established in their current form in 1997, and provide the blueprint for organizational management, leadership, and operational planning functions, in conjunction with the Nestle Corporate Business Principles, revised most recently in 2002. In combination, those concepts are designed to manage the tremendous complexity of modern corporate affairs efficiently at every level within the foundational framework of the Nestle Company's commitment to help raise the standard of living and quality of life for everyone, everywhere, to the extent possible through its products and its related contributions.

Legal Issues, Ethics, and Corporate Responsibility

The Nestle Company operates under a guiding principle according to which its corporate activities can only be beneficial to the organization in the long-term to the extent they are simultaneously and genuinely beneficial to the human community. More specifically, the Nestle Company has always emphasized, recognized, and respected the fundamental differences in local cultures, norms, values, and expectations prevailing within different human societies in different regions of the world.
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At the time of its founding, these principles had express value that was essential to the success of the company's initial product line. Henri Nestle understood intuitively that if Nestle Company products were to be successfully introduced where they were most needed, they had to be formulated, presented to consumers, and capable of being used in ways that were consistent with local eating habits and social perceptions and norms.

Today, that concept has been applied to ensure that Nestle products comply fully and in good faith with the codified (and non-codified) rules, values, norms, and laws of every society and venue where its products are sold. Toward that end, the Nestle Company embraces cultural and social diversity; indeed, the organization's efforts and commitment in that regard actually predate the general recognition of the importance of diversity in society, gong back to long before any such concepts were ever formally codified in formal law.

In essence, the Nestle Company maintains a fundamental corporate belief that ensures ethical and legal compliance irrespective of any legal obligations. In principle, the Nestle Company operates at every level of organization embracing the belief that in order for any of its corporate activities to benefit the Nestle Company over the long-term, those activities must be mutually beneficial to the local community as well. With offices and plants worldwide, the Nestle Company implements this approach to the mutuality of corporate and community welfare and responsibility on a global level by applying it at the local level through specific action and commitment to the benefit of every local community in which it operates, as well as in others.

In that sense, the Nestle Company has embraced the philosophy of respect for cultural and social diversity since long before those concepts rose to their contemporary public and corporate consciousness within the last several decades in the Western Hemisphere. Whereas the most common dynamic in that regard has been for modern corporations to adapt to recognize and support the importance of cultural diversity and social benefit t the… READ MORE

Quoted Instructions for "Business -- Nestle Values the Nestle Company" Assignment:

evaluate the planning function of management of Nestle Corporation. Describe how legal issues, ethics, and corporate social responsibility impact management planning in this organization.

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Business -- Nestle Values the Nestle Company.” A1-TermPaper.com, 2010, https://www.a1-termpaper.com/topics/essay/business-nestle-values/3892. Accessed 6 Jul 2024.

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1. Business -- Nestle Values the Nestle Company. A1-TermPaper.com. https://www.a1-termpaper.com/topics/essay/business-nestle-values/3892. Published 2010. Accessed July 6, 2024.

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