Rohan Patel Mission Statement • To refresh the world… • To inspire moments of optimism and happiness… • To create value and make a difference. Culture Values Vision • • • • • • • Leadership Collaboration Integrity Accountability Passion Diversity Quality • • • • • • People Portfolio Partners Planet Profit Productivity • Focus on the Market • • • • Work Smart Act Like Owners Be the Brand Live Our Values Inventor Founder • John Pemberton (18311888) • Asa Griggs Candler (1851-1929) Historical Time Line • 1886 – On May 8, John Pemberton stirs up a new beverage. – Sold for 5 cents a glass at Jacobs’ Pharmacy – Frank Robinson names the syrup, Coca-Cola. • 1888 – Pemberton sells Coca-Cola to Asa Griggs Candler – Pemberton dies before experiencing Coca-Cola’s success • • • • 1891 – Candler achieves sole ownership, at a total cost of $2300 1892 – The Coca-Cola Company is formed. 1893 – The Coca-Cola name is trademarked. 1894 – First syrup manufacturing plant outside of Atlanta is opened in Dallas, TX. • 1895 – Coca-Cola is available in every state. • 1899 – Bottling rights are sold to two Tennessee men, and they join another to develop the Coca-Cola bottling system. • 1916 – The unique contour bottle design is introduced. • • • • • • • • • Historical Time Line (cont.) 1919 – Candler sells Coca-Cola to Ernest Woodruff for $25 million 1922 – Pioneers the innovative six-bottle carton 1928 – First time bottle sales exceeded fountain sales. 1945 – “Coke” is registered as a trademark 1971 – “I want to buy the world a Coke” marketing campaign. 1977 – Coke’s contour bottle shape was trademarked. 1982 – Diet Coke is introduced 1985 - New formula is introduced, citizens reject it. 1993 – “Always Coca-Cola” advertising campaign; first introduction of the Coca-Cola Polar Bear • 2007 – New World of Coca-Cola opens in Atlanta • 2009 – Coca-Cola Freestyle is unveiled. • 2011 – Celebrated 125th anniversary Headquarters • Atlanta, GA Leadership • Muhtar Kent (April 2009 – Present) – Chairmen of the Board and Chief Executive Officer Subsidiaries • • • • • • • • • • Coca-Cola Enterprises Coca-Cola Philippines FEMSA Coca-Cola Hellenic Coca-Cola Amatil Coca-Cola Içecek Coca-Cola Bottling Co. Embotellodora Andina Coca-Cola du Canada, Ltėe Coca-Cola AG, Deutschland Coca-Cola Products & Brands • Coca-Cola and Diet Coke are the #1 and #2 soft drinks on the market, with Diet Coke overtaking Pepsi in 2011, Sprite is #6, and Fanta is #10. Coca-Cola Products & Brands (cont.) Coca-Cola Products & Brands (cont.) Advertising • Major component of Coke’s success • Uses holidays, movies, sports, celebrities • Popular slogans Open Happiness • • • • • • • • • • • Sponsor Endorsements ships NBA NASCAR PGA Tour NCAA Championships Olympic Games NRL FIFA World Cups UEFA Euro Powerade Tigers American Tiger Charlie Rose • • • • • • • • • • • • • • • • Michael Jordan (Until 1991) Christina Aguilera David Arquette Kate Beckinsale Kobe Bryant Bill Cosby Courteney Cox Penelope Cruz Tim Duncan Bill Gates Wayne Gretzky Salma Hayek LeBron James Jennifer Lopez Aishwarya Rai Jack White Stock Quote 1-year 5-year Major Competitors The Coca-Cola Foundation • Water Stewardship • • • • Healthy and Active Lifestyles Community Recycling Education Partner of the (RED) Campaign (HIV/AIDS) New World of Coca-Cola • Original opened in 1991, and relocated in 2007 to Pemberton Place. • Welcomes over 1 million guests a year. Future • Continued Brand Building • Plant-Based Bottles • Coca-Cola Freestyle – Can mix over 100 drinks Coca-Cola Fun Facts • Coca-Cola was the first soft-drink in space. • 3.1% of all beverages consumed around the world are Coca-Cola products • Matt LeBlanc from Friends got his first acting break in a Coca-Cola commercial • Coke makes so many difference beverages that if you drank one per day, it would take you over 9 years to try them all • The red and white logo is recognized by 94% of the world’s population. • Spends more on advertising than Microsoft and Apple combined.