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)
The "One Unilever" model of corporate governance is a transformation program that was launched by the Unilever company that aims at simplifying, streamlining and standardizing business operations and processes across the organization.
This internal mechanism shapes the company's approach to managing operations, saving costs and optimizing business performance in various ways. The SAP system is enabling Unilever manage its entire operations as a single business thus minimizing costs and creating a pan-global view of its brands. Centralized operations have led to greater efficiency. For instance, a single IT platform has led to greater efficiency in the company's supply chain.
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