Strategic Diversity, Equity, & Inclusion (DEI) Plan for Coca-Cola

Strategic Diversity, Equity, & Inclusion (DEI) Plan for Coca-Cola
Abstract
This report looks at diversity issues within Coca-Cola. It discusses how the company has been accused of discrimination in the past and looks at what the company is doing to improve diversity within its workforce. The report makes several recommendations to Coca-Cola on how it can further improve diversity within the company.
The issue in Coca-Cola is the lack of diversity in its workforce. For example, females are only 38.7% of the total workforce. White people are 50% of the workforce, which shows that white ethnicities and males are preferred in the company.
Coca-Cola is recommended to invest in a comprehensive DEI training program at different levels. Besides, there needs to be a transparent and accountable DEI system with a written DEI policy and regular employee training. It should also create a climate of trust where employees feel comfortable sharing candid insights. The company should create a diversity and inclusion council where the feedback and complaints from diversity are listened to and welcomed.
Strategic Diversity, Equity, & Inclusion (DEI) Plan for Coca-Cola
Introduction
Cultural diversity is the quality of diverse cultures, which can be found in communities worldwide. The word “culture” refers to a group of people’s customs, traditions, and beliefs. “Diversity” means that different cultures can promote creativity and innovation, as people from different cultures bring different perspectives and ideas (Bernstein et al., 2020). It can also help build strong communities, as people from different cultures learn to appreciate and respect each other. Cultural diversity is essential, not only in the world today but also in the future. As the world becomes more globalized, it is becoming increasingly important for people to understand and respect different cultures (Chiu et al., 2019). Continued cultural diversity will help ensure the world continues to be a vibrant and exciting place to live in. The report aims to analyze Coca-Cola’s diversity issues and provide recommendations and interventions to strengthen its corporate image by recruiting a diverse workforce.
About Coca-Cola
Coca-Cola is the US based organization, engaged in trading non-alcoholic beverage concentrates and syrups. It gained popularity since it launched its flagship product Coca-Cola, invented in 1886 by pharmacist John Stith Pemberton in Columbus, Georgia. One of the Coca-Cola pioneers is Asa Griggs Candler, who brought its formula and brand in 1889 (December 21, 1851 – March 12, 1929), and eventually the company was incorporated in 1892. The company has been a public company since 1936 and is headquartered in Atlanta, Georgia. It is the leading provider of soft juices, juice, and ready-to-drink teas and coffees. The Coca-Cola Company also has a minority equity interest in Monster Beverage Corporation (Coca-Cola, 2022).
The Coca-Cola Company’s portfolio includes 20 billion-dollar brands, 19 of which are available in lower- or no-sugar options. These brands include Coca-Cola, Diet Coke, Coca-Cola Zero, Fanta, Sprite, Coca-Cola Light, Powerade, and Minute Maid. The Company’s product lines incl...