Case Study Changing Nestle

The Nestle is considered to be one of the worlds biggest food companies with 500 factories operating around the globe and having annual turnover of 47 billion.(Palmer, Dunford Akin, 2005, p. 98). Throughout the recent years, Nestle has been undergoing drastic organizational change. By the 1900s, Nestle began to expand its business into the global market and started purchasing subsidiaries in foreign markets. Later in 1974, Nestle for the first time diversified its products moving outside the food industry and thus became a shareholder in the cosmetic giant LOreal (Palmer et al). Efficient CEOs like Helmut Maucher and Brabeck-Letmathe initiated radical changes in the organization. Large-scale and transformational changes are necessary for maintaining organizational survival.