Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Analysis

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Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Analysis

Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Solution is a well-known name of a New York based, world's leading company in the food and drink market. company is a leading brand in convenient snacks, foods and beverages with its presence in about 200 countries.

The report consists of a deep analysis of different elements of the social obligations of significant business in the food and beverage market in basic, and business in particular. The report likewise offers an examination of the extent of sustainability and CSR in the Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Analysis's service strategy along with the determination of how Case Study Help produces worth for its customers.

Concerns Identification

The giant food and beverage company was going through a criticism over its duty towards different social and environmental concerns including; weight problems, heart problem, ecological destruction etc. These criticisms lead, to rethink about the business technique of Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Analysis. The Vivek Gupta has actually understood that the overall society, the way of life of individuals and individuals at whole have actually been altered now. In this scenario with increasing trends towards healthier items and the increasing ecological concerns, Case Study Solution ought to alter its instructions towards much healthier products. Although, Case Study Analysis had actually taken specific important actions relating to the ecological effects of its items, however, these actions are inadequate to end up the criticism over the company's responsibility towards social and environmental problems. The required to take certain strategic actions to change the market position of its particular popular brand names and present Online Case Study Solution as a company producing healthy products in the market. In this regard, Case Study Analysis and other food and beverage business must utilize their power to move the customer taste towards much healthier items to remove the constraints in the growth of food industry.

Crucial Analysis

For the few decades, customer food patterns have actually been altered dramatically. The shift from using natural food to made food has highly affected the health of the customers. Despite of the discovery of modern-day health methods, the general health of individuals in couple of decades have actually been highly impacted. Presently about 1 billion of individuals In US are overweight and at least 300 countless them have obesity. Children likewise dealing with the problem of obesity. The ratios of obesity in 1980s are rather different from the existing ratios. Despite of discovery of health strategies and modern methods to control obesity and other illness, the ratio of weight problems has actually been doubled form the level of 1980. All of the information associated with the health issues with the incorporation of made food in the market explain the frequency of the health problems related to food system. These problems are indirectly the result of numerous practices of the food and drink business for producing worth for their consumers.

Worth Production at Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Help

Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Help being a giant business in the food and beverage industry, supplies high worth to its customers by various means. Value production in the food and beverage market is done through two ways i.e. taste and accessibility of the product. Case Study Analysis has a competitive advantage in providing its products far and wide internationally. Its marketing capability makes it able to target a big base of customers. The business is presented in about 200 countries with a a great deal of well-known worldwide brand names. The far and wide existence of the company items supplies high worth to customers.

The company develops value for its consumers by means of supplying big number of delicious food products consisting of salt, fat and sugar, which are the active ingredients that are straight linked with the psychological core of the consumer's brain. The Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Help together with other huge food and beverages companies produce value for its consumers by manipulating these components in its items. Case Study Solution along with other huge business is interested in finding ways to increase the customer worth from its items through exploiting the vulnerability.

Along with it, the business also produces value by methods of integrating the healthy point in its products. The company has done certain efforts in order to supply healthy products and lower the share of Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Help in overall ecological destruction. Case Study Solution has taken specific steps associated with the sustainability of individuals and environment including the 2009 announcement of the enthusiastic objectives and commitments associated with Case Study Help items, market and the community.

All of these methods have actually been effective at creating value for the Case Study Analysis customers. Increasing health related issues have actually raised the criticism for Case Study Analysis.

Useful Role of Major Food and Drink Companies in Resolving Social and Ecological Expenses Associated with the Market

Major food and beverage business consisting of Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Analysis and so on can play a constructive role in attending to social and ecological costs associated with the industry. The environmental costs related to food and drink industry include the environmental destruction due to the influx of nitrogen which has actually resulted in the minimized water drinking patterns, river contamination, and increased emission of greenhouse gases from soil and so on. All these factors leads to ecological devastation which could be a big risk to the existence of humanity in future.

Major cause of these ecological modifications is mass usage of nitrogen abundant fertilizers and the ingredients by the food and beverage companies. Therefore, food and beverage business should play an useful role in attending to these issues to remove their development restraints related to the criticism from the environmental communities.

In order to attend to these issues, the business could either minimize their use of nitrogen rich components or take certain actions to decrease the amount of nitrogen in the total environment. The companies should avoid use of nitrogen fertilizers and ought to locate the items of those farmers that do not use fertilizers for their crop. Additionally, the companies might likewise purchase reducing greenhouse gas emissions worldwide. The companies might utilize renewable energy sources at their production plant to compensate the greenhouse gas emissions from the usage of nitrogen-rich items.

In addition to the ecological expenses there are specific social expenses connected with the food and drink industry which need to be addressed by the giant food and beverage business to attain the industry growth and to avoid the criticism from the environmental neighborhoods. Social costs connected with the market consists of the increasing health issues associated with weight problems, cardiovascular disease, diabetes and so on. The huge business might play a constructive function in attending to these problems.

The business could move towards more healthy items by minimizing the amount of harmful compounds in their processed foods i.e. dioxin, which might lead to deadly human diseases. Together with it, the business ought to use more healthy active ingredients rather than derivatives of Corn and Soy to increase number of calories from their products. The companies could also do efforts to shift customer tastes towards healthy products as they have managed the consumer taste for couple of years. In this method the giant food and drink business could play an useful role in resolving social and ecological expenses connected to the industry.

Evaluation of Sustainability at Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Solution

There was a prospective shift in the business technique and objectives at Case Study Help. The new CEO was focused on buying healthier products for accomplishing sustainable development for the business in addition to providing healthier future for the people and the planet both. Under the brand-new vision, the motto of the business was also changed from the "enjoyable for you" to "much better for you".

Human Sustainability

The business announced particular goals and commitments related to human sustainability and the environmental sustainability. Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Help obtained Quake Oats producing TrueNorth nut treats and SoBe, and Naked Juice producing soy drinks and natural beverages to present various healthier items in its portfolio. Despite of being considered a Case Study Help's healthy brand name, the products of Quaker Oats consisted of numerous active ingredients which were dangerous to health. These dangerous ingredients were not marketed which have actually ended up being the base for criticism over the healthy brands of Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Analysis.

Together with the inculcation of healthy brand names in its portfolio through acquisitions, Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Analysis has taken particular sustainability steps for its market locations. One of major examples in this regard is the Company's marketing strategy associated to schools. The company markets only low calories and nutritious drinks choices in schools.

Another step taken by Case Study Help towards human sustainability is the shift of its focus towards research and advancement for presenting brand-new and healthy items in its portfolio. The business has increased its research and development budget plan and has actually presented an army of health scientists to create specific healthy products.

Ecological Sustainability

In addition to the human sustainability, Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Solution has taken a number of actions towards ecological sustainability. The company has actually committed to various goals associated with water, land, product packaging, climate change and community. In this regard, the business dedicated to minimize its product packaging by millions of tones to prevent high amount of wastes. The business has actually committed to lower greenhouse gas emissions along with the achievement of performance in the energy use. company has actually likewise attempted certain humanitarian activities including a dedication to supply safe drinking water to 3 million individuals in establishing nations by 2015.

On the basis of above analysis, it might be identified that the company has actually taken numerous actions towards human and environmental sustainability. These steps are still not enough to accomplish the preferred industrial development and to reduce the criticism over the social obligation of Case Study Analysis.

Alternatives

Specific long term tactical options might be derived for the business on the basis of above analysis. These alternatives can be examined on the basis of the fact that how the option would make it possible for the company to attain its objective of prospective growth and reduce the criticism over the company. The alternatives could be examined on the basis of the time frame that would be taken by an alternative to be executed along with the expense and risks related to the option

Alternative-1: introduction of a New Product line Connected to Healthy Foods and Beverages

The first action that Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Analysis might take is to introduce a new product line related to healthy food and drinks. The business must present a wide range of healthier items by using its considerable research and development expenses.

Pros:

• Ability to target a great deal of customers i.e. health mindful consumers.
• Decrease of the criticism of ecological concerned societies and neighborhood development companies.
• Satisfaction of the social responsibility by payment of the harmful items with healthy products.
• Could be carried out within couple of years i.e. 3 to 5 years.

Cons:

• Danger of failure of the brand-new products in the market i.e. consumers might not like the taste and might decline the much healthier products due to the addicting nature of dangerous items.
• The harmful items in the product portfolio may make the incorporation of healthy items fail to lower criticism.
• Huge expense of research and development needed to build brand-new healthy items.

Alternative-2: High level Acquisition of Health associated Business

Another alternative choice to accomplish the potential growth and decrease the criticism is to get the health associated companies at a high level. Financial investment in these kind of companies would allow Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Analysis to present a large variety of much healthier products within a brief time duration without any need of considerable research and development expenses. The benefits and drawbacks associated with alternative 3 are offered below:

Pros:

• Conserving of huge amount of research study and development expenses for brand-new product advancement.
• Incorporation of new items within two years.
• Capability to target a great deal of customers i.e. health mindful customers.
• Reduction of the criticism of environmental worried societies and neighborhood development organizations.
• Satisfaction of the social duty by compensation of the harmful products with healthy items.

Cons:

• The acquisition may not prove to change the image of Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Help as in case of Quake Oats.
• Requirement of substantial quantity of capital.
• Risk of failure of the brand-new products in the market i.e. customers may not like the taste and may not accept the much healthier items due to the addictive nature of harmful items.
• The hazardous items in the product portfolio might make the incorporation of healthy products fail to lower criticism.

Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio

Another alternative option for Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Solution is to change all of its harmful items with healthier products. This might be a big shift in the business technique and business design at business. The replacement of dangerous items with much healthier items would entirely alter the marketplace position of the company and would require a large number of needed steps to be taken. The benefits and drawbacks associated with alternative 3 are offered listed below:

Pros:

• Change of market position of Biocon Kiran Mazumdar Shaws Entrepreneurial Dream Case Study Help
• Capability to target a great deal of customers i.e. health mindful consumers.
• End of all of the criticism of ecological worried societies and neighborhood advancement organizations.
• Fulfillment of the social duty

Cons:

• Threat of failure of the brand-new products in the market i.e. customers might not like the taste and may decline the much healthier items due to the addictive nature of dangerous products.
• Substantial cost of research and development needed to develop brand-new healthy items.
• Worker might withstand over the change in the business design and company method.
• Number of years required for the implementation.
• Shift of focus from the core competencies.

Recommendations

With the deep analysis of the business's CSR, issues dealt with by the business and the current market circumstance, Case Study Help is suggested to consider alternative 2 of high level of acquisition of health related business. As the acquisitions would make it possible for the company to save of huge quantity of research study and development costs for brand-new item advancement. Along with it, acquisitions would enable incorporation of new items within two years along with the capability to target big number of consumers.

This Biocon Kiran Mazumdar Shaws Entrepreneurial Dream case study is writen by : Vivek Gupta

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