Sat, Apr 19, 2014, 12:38 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

The Coca-Cola Company Message Board

  • kofrankwhite kofrankwhite Jul 29, 2012 4:46 PM Flag

    KO largest customer has Black CEO

    McDonald's is probably Coke's largest and most important customer. Now McDonald's has a Black CEO - Don Thompson. McDonald's has a great record of diversity because it realizes and respects its customer base.

    "Diversity fuels innovation, and innovation fuels success," Thompson said.

    The company doesn’t want to just have a diverse employee base, Thompson said, but also be sure that its suppliers and franchisees are as well. The company is looking to help women and minorities own more franchises and is willing to help some of them financially to make it happen.

    When it comes to suppliers, McDonald’s currently “buys 55 percent of its food and paper products from women and minority-owned businesses,” according to Thompson. And that adds up to be a nice chunk of change. McDonald's US alone spends $9 billion annually on groceries.

    When will Coke catch up? Does Coke want to catch up? Can Coke continue to march its army of non-minority managers in front of its biggest customer? Is Coke as serious as McDonald's about the diversity in its employee base, its suppliers and its franchisees?

    Judging from history, Coke does'nt care about diversity, but this will soon catch up with them, very soon!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
KO
40.72+0.13(+0.32%)Apr 17 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Weibo Corporation
NasdaqGSThu, Apr 17, 2014 4:00 PM EDT
Whirlpool Corp.
NYSEThu, Apr 17, 2014 4:06 PM EDT