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1. Describe what is meant by “One Unilever” model of corporate governance? How might this internal governance mechanism shape the company’s approach to managing operations? (5 marks)
2. Discuss how did Unilever exercise Strategic leadership. Provide examples from the case study. (5 marks)
3. Identify the main strategic leaders involved in the company’s operations and decision making. Use examples from the case study. (5 marks)
Unilever recognizes the value of strong corporate governance and behavior, as evidenced by the “One Unilever” model of corporate governance. In the United Kingdom, and as a foreign private issuer in the United States, Unilever is subject to corporate governance standards. Unilever's corporate governance procedures are continually being reviewed, and our compliance with these standards is outlined in the corporate governance part of our most recent annual report and accounts. Unilever operates in accordance with internationally recognized principles of good governance and best practice, while also adhering to the corporate governance laws in the countries where they do business.
At Unilever, teamwork is an important component of our culture. Not least because it is a major corporation that operates in a really global setting. Employees frequently collaborate with colleagues from a variety of different nations and disciplines. Employees develop bridges across cultural and intellectual divides every day. Every member of the team has a responsibility to contribute to the team's efforts. The organization fosters a true sense of collaboration through working closely together. It enables more imaginative thinking by stimulating each other's thoughts. To define and evolve an exciting future for Unilever's business, leaders share information and question conventional beliefs. Unilever's concept and idea of treating employees as assets, as well as its cooperative and strategic leadership, have helped it achieve the status of a beloved customer brand all over the world. It is due of the effective leadership and strategic actions of its executives that every employee feels valued, and innovation is the cornerstone to any business's success. For example, Unilever is able to recruit brilliant individuals and experts from all over the world due to its hierarchical structure, which allows for free flow of information, the importance of each person for the business, and open communication.
Unilever's operations management is in charge of maintaining high productivity across the consumer goods company's global structure. As shown in the case study, operations managers build procedures and processes to assist the business in achieving improved performance in strategic operations and productivity decisions. The operational performance of Unilever is inextricably linked to its financial performance. In order to sustain high productivity, the company's operations management must address concerns in several strategic decision areas. Unilever has evolved operations management systems to keep the business highly efficient as a major consumer products company. The Scheduling strategic decision area focuses on resource usage schedules for the near and intermediate term. Unilever uses localized operations management to solve human resource needs in local or regional consumer goods marketplaces. Area operations managers put in place and change schedules based on regional market conditions. Unilever's operations are more flexible in fulfilling target consumers as a result of this approach. High operational productivity is further aided by the flexibility.
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