" When an appeals court establishes a legal principle, this is known as the "common law" and is effective until it is overturned by a later decision or in some cases by Congress or the legislature. Manufacturers' products liability is part of the common law" (Walters, 2012)
To help mitigate these effects, the company needs have a system in place that can provide them with new talent, during those times that key managers / employees are retiring. (Byham, n
As part of PepsiCo's global commitment, PepsiCo Europe plans to increase its water use efficiency by 20% per production unit and to decrease its energy use by 25% by 2015, measured against the baseline year 2006 (PepsiCo Europe, 2011). PepsiCo Asia, Middle East and Africa produces and sells leading snack food brands that include Lay's and other well-known brands (PepsiCo Asia, Middle East & Africa, 2011)
In addition, PepsiCo employs different business strategies in order to have a competitive advantage or edge in the global market. These strategies include having a business model that is diversified with a strong and resilient presence in terms of beverage products as well as food products (Bailey, 2014)
For international businesses, there are three major approaches and methods for staffing policies: the geocentric method, the ethnocentric method, and the polycentric method (Sharan, 2006). The current staffing policies employed by PepsiCo utilizethe polycentric approach, wherein the international business appoints a host country executive, together with a resident country executive, to offer mutual and/or individual support as needed (Kottolli, 2015)
The current staffing policies employed by PepsiCo utilizethe polycentric approach, wherein the international business appoints a host country executive, together with a resident country executive, to offer mutual and/or individual support as needed (Kottolli, 2015). The polycentric staffing policy employs and enrolls host nation residents or citizens to manage subsidiaries and divisions in their own nation, and parent nation residents for positions at head office or center of operations (Matthews, 2013)
A staffing policy can be employed as a tool for cultivating as well as promoting the company's organization culture. In particular, a strong corporate and organizational culture can assist the company to execute its strategy (Sharan, 2006)
This approach is beneficial for PepsiCo as the corporation is pursuant of a localization strategy and line of attack. In addition, being an international business, the polycentric approach enables PepsiCo to minimize cultural narrow-mindedness as it has diversity in terms of its employees (Wach, 2014)
Besides listening as a key skill for leadership, Indra attends communication training to boost her abilities and flex those communication muscles that interact with the public. In fact, to Indra communication is so valuable that she maintains a blog at Pepsi that allows her to talk to her workers through posts on a weekly basis (Cunningham & Harney, 2012)
This has resulted in the current transformation in Pepsi's product line. Although relationship building is not among Indra's five Cs of leadership, it remains one of her key strengths (Northouse, 2010)