Business Strategy - Nestlé’s Roadmap for Good Food, Good Life
Nestlé’s objectives are to be recognized as the world leader in Nutrition, Health and Wellness, trusted by all its stakeholders, and to be the reference for financial performance in its industry.
We believe that leadership is not just about size; it is also about behavior. Trust, too, is about behavior; and we recognize that trust is earned only over a long period of time by consistently delivering on our promises. These objectives and behaviors are encapsulated in the simple phrase, “Good Food, Good Life”, a phrase that sums up our corporate ambitions.
Nestlé’s Roadmap is intended to create harmony for our employees behind a cohesive set of strategic priorities to accelerate the achievement of our objectives. These objectives demand from our employees both long-term inspirations needed to build for the future and short-term entrepreneurial efforts, to deliver the necessary levels of performance to achieve our goals.
||True competitive advantage comes from a combination of hard-to-copy advantages throughout the value chain, built up over decades.
There are inherent links between great products and strong R&D, between the broadest geographic presence and an entrepreneurial spirit, between great people and strong values.
||These four areas provide particularly exciting prospects for growth. They are applicable across all our categories and around the world.
Everything we do is driven by our Nutrition, Health and Wellness agenda and our motto “Good Food, Good Life” which seeks to offer consumers products with the best nutritional profile in their categories
||Nestlé must excel at each of these four inter-related core competences. They drive product development, renewal and quality, operational performance, interactive relationships with consumers and other stakeholders and differentiation from our competitors.
If we excel in these areas we will be consumer-centric, we will accelerate our performance in all key areas and we will achieve excellence in execution.
We are seeking to achieve leadership and earn that trust by satisfying the expectations of consumers, whose daily choices drive our performance, of shareholders, of the communities in which we operate and of society as a whole. We believe that it is only possible to create long- term sustainable value for our shareholders if our behavior, strategies and operations are also creating value for the communities where we operate, for our business partners and, of course, for our consumers. We call this “Creating Shared Value”.
We are investing for the future to ensure the financial and environmental sustainability of our actions and operations: in capacity, in technologies, in capabilities, in people, in brands, in R&D (Research & Development). Our aim is to meet today’s needs without compromising the ability of future generations to meet their needs, and to do so in a way which will ensure profitable growth year after year and a high level of returns for our shareholders and society at large over the long-term.