Dept. of Business Management International Business Project Report on Principles of Management: Cadbury India Ltd. Submitted by: Chandan Kumar, Swapnali Panse, Aishwarya Londhe, Abhijeet Bhujbal, Abhishek Hiwarale, Shashank Palade, Suma Somasekhar,Vishal Gudulkar.
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Dept. of Business ManagementInternational Business
Project Report on Principles of Management:Cadbury India Ltd.
medical examination Development of Individuals: training programs
like Purple Star program and workshops
CONTROLLING IN CADBURY Delegation : approach to get things done Evaluation :Collecting and analyzing information Financial control: Monitor progress of programs
and plans Performance management : Observation and
feedback phases Policies and Procedures : Guide behaviors in
workplace Risk, Safety and Liabilities
AWARDS & ACHIEVEMENTS Cadbury India ranked 7th and No.1 in FMCG company
2008 2006-07 CDM Éclairs crowned consumer super brand Great place to work award 2003,04,05,06,08 Cadbury is ‘Client of the year’ at Effie 2011 awards The Brand Trust Report, India Study, 2011 published
by Trust Research Advisory ranked Cadbury in the top 100 most trusted brands list.
RECENT UPDATES Brand Messi spells magic for top corporates like
Cadbury, Adidas, PepsiCo. Bournville targets the sweet spot: Only the best
Ghanaian cocoa goes into making a Bournville Most minority shareholders oppose Cadbury India's
new buyback offer. The Oreo Togetherness bus comes to town. Tie up
With Mc Donald. Net profit rose sharply by 41.8% to Rs. 520 million. Company added 8 million new consumers and saw its outlets
grow to 4.5 lakhs and consumer to 60 million.
CASE STUDY Case: In the year 2003, Cadbury's found itself in the eye of a
storm, when a few instances of worms in its Dairy Milk bars were reported in Maharashtra.
Action taken: In less than two weeks, the company plan for a PR campaign for the trade. And three months later, they organize an ad campaign featuring Big B and a revamped poly-flow packaging.
Result after initial action: The heat of negative publicity melted Cadbury's sales by 30 per cent, at a time when it sees a festive spike of 15 per cent.
Final Action:
-As a brand under fire, in October itself, Cadbury's planed project 'Vishwas' - a education initiative covering 190,000 retailers in key states. But what the company did in January 2004 is what really helped de-worm the brand.
-By investing up to Rs 15 crore (Rs 150 million) on imported machinery, Cadbury's revamped the packaging of Dairy Milk. The metallic poly-flow, was costlier by 10-15 per cent, but Cadbury didn't hike the pack price.
Mr Bharat Puri,the M.D(the leader)
-"While we're talking about a few bars of the 30 million we sell every month - we believe that to be a responsible company, consumers need to have complete faith in products. So even if it calls for substantial investment and change, one must not let the consumers confidence erode.“
Result:
- The company upped ad spends for the Jan-March quarter by over 15 per cent. The recovery began in May 2004, and by June, Cadbury's claimed that consumer confidence was back.
-Cadbury's could be case study of a sweet recovery from a crisis. It continues to lead in the Indian market.
CONCLUSION
Cadbury India is one of the most respected confectionary manufacturers and have better understanding of various management aspects be it Planning, Organizing, Staffing, Directing & Controlling.
Maintaining the pinnacle position in confectionary industries has been achieved by ethical approach towards internal and external environments.