• NESTLE

  

  NESTLE, the world’s largest food company with great consumer brands of excellent quality known the world over. But some of its top executives in Vevey, Switzerland and their their feudal warlords elsewhere in the world have a pompous, self-important gait, confusing the success of their great brands with their own career achievements. This corporate arrogance leads to disregard of Nestle’s basic corporate responsibility in many countries.

1) Nestlé S.A. (French pronunciation: [nɛsˈle]) is the largest nutrition and foods company in the world, founded and headquartered in Vevey, Switzerland. Nestlé originated in a 1905 merger of the Anglo-Swiss Milk Company, which was established in 1866 by brothers George Page and Charles Page, and the Farine Lactée Henri Nestlé Company, which was founded in 1866 by Henri Nestlé. The company grew significantly during the First World War and following the Second World War, eventually expanding its offerings beyond its early condensed milk and infant formula products. Today, the company operates in 86 countries around the world and employs nearly 283,000 individuals.From Wikipedia

2) Nestle it is the market leader worldwide in coffee and mineral water, the largest manufacturer of pet food, and is fast increasing its share of the ice cream market.Globally, Nestlé is now hot on the heels of Unilever as the number one ice cream seller, a position that it seeks in every market and category in which it operates around the world.From Corporate Watch

3)Nestle is one of the most controversial companies in the world. The Swiss conglomerate has also had its share of controversies and ethical dilemmas throughout its nearly 150-year history.

4)Infant Milk Formula Controversy.The biggest and most sustained controversy that Nestle is dealing with started in the 1970s, with the company’s effort to sell baby formula in Third World countries. The ethical issue arose around the way that Nestle was promoting the formula as an alternative to breast feeding. Critics state that the formula is not an equal substitute for breast feeding, let alone a preferable option.

5) Nestle Milk Powder Tainted With Melamine.A similar issue over Nestle arose in 2008 in China, after authorities in Hong Kong claimed that they had found melamine in a Chinese baby milk product. While a tainted milk outbreak eventually affected more than 300,000 Chinese  children, Nestle’s products were found to only have minute traces of the chemical. The company’s products were delisted in the country. A new factory was built in order for Nestle to have a tighter control over to chemical composition of its product. 

6) The Nestle Facebook Mess.Thanks to Facebook and other social media channels, the Nestle Company has an enormous public relations mess on their hands.The gist of the situation is that environmental protection group Greenpeace, who are known for their unorthodox and sometimes heavy-handed ways of bringing attention, created a parody video (but it’s somewhat gory, not funny) on YouTube of Nestle’s KitKat candy bar product. The video suggests that the production of a key ingredient, palm oil, helps further the destruction of rainforests, which in turn threatens endangered species such as the Orangutan. Greenpeace says that the Paradise Forests in Sumatra in particular are suffering a record-breaking deforestation rate.From Allfacebook.com

7) Most Boycotted Company .What do Nike, Coca Cola, McDonald’s and Nestlé have in common? Apart from being among the world’s most well-known brands, they happen to be the most boycotted brands on the planet.
That finding came from global GMIPoll, an online opinion poll that surveyed 15,500 consumers in 17 countries.Guardian

Least Responsible Company.Nestlé won a global internet poll for the world’s ‘least responsible company’ coinciding with the World Economic Forum in Davos in January 2005. Nestlé received 29% of the votes. This was more than twice that of joint second Monsanto and Dow Chemicals (of Bhopal infamy), each on 14% .

9) Its Ethical Reputation .The Swiss research firm Covalence recently released its annual ranking of the overall ethical performance of multinational corporations. Of course, while the index had its winners –in food and beverages: the first-, second-, third-place and fourth-place  companies were Unilever, Pepsico, Danone and Kraft, respectively — we were more interested in the companies with the lowest ethical ratings. Among those companies with the most awful records are some of the usual suspects like…Nestle: No.16.

10)Nestle ‘s Problems in the Philippines.

a)Infant Milk labels are deceptive.In the Philippines, Nestlé’s labelling is even worse than competitors’ – its products carry deceptive and non-permitted health claims and mislead parents about how to make up formula safely.

b) Trade/distributor bullying and cover-up of  the Nestle sex scandal in the Philippines.

c) Union busting.

Consider this case involving the Company and a distributor, Forefront IT Trading Corp., owned by Filipino investors who are now complaining of unfair and unethical business practices by their foreign partners. In a disgusting display of corporate bullying, the multinational refused to pay Forefront’s more than P12 million in collectibles unless it signed a Release and Quit Claim dropping all other legitimate claims. This when a ranking official of the foreign firm had promised, verbally, the settlement of all just and reasonable claims.
The amount consisted of close to P1 million in withheld expanded value-added tax (EVAT) for 2007 that the multinational should refund to Forefront, plus P11.07 million representing performance incentives, advances made by Forefront for the company’s promotional activities and cost of products taken back by the multinational.
The multinational allegedly took back the products in Forefront’s possession after terminating the distributorship agreement when the latter protested the meddling and unprofessional conduct of the multinational’s sales official assigned to it. The distributor had wanted a replacement.
It turned out that the multinational’s sales official was carrying on an extramarital relationship with a Forefront executive, a married man. She exploited this relationship to secure unusually large orders of her employer’s products and even slow-moving items that Forefront had to dispose of even at cost, even to the extent of forgoing profits. Santa Banana, she even succeeded in passing on to Forefront some poorly paying accounts not included in the original agreement. All these eventually resulted in huge losses to the distributor.
This came to a point where Forefront experienced difficulties in meeting its payroll, the 13th month pay for December 2007, and separation benefits for some 80 employees who had to go as a result of severe financial stress.
When advised of the affair and the resulting conflict of interest situation, the latter simply dismissed the matter as “a purely personal affair between two consenting adults,” and ignored the request that their sales official be replaced. Yet, the multinational’s own Corporate Business Principles and Code of Conduct states, among other things, that the company “requires its management and employees to avoid even the appearance of impropriety in its business relationships on behalf of the company.”

“People keep on shouting the transparency issue because our competitors and copycats keep pushing us to divulge what we will buy and what we will do,” he says. “It’s driven by envy.”  Ramon S.Ang

MANILA, Philippines—A group led by San Miguel Corp. president Ramon Ang and former Trade Minister Roberto V. Ongpin has completed the consolidation of the single biggest voting bloc in SMC into Top Frontier Investments Holdings Inc., which now owns 47.5 percent of the diversifying conglomerate.

San Miguel announced that Top Frontier acquired on Wednesday the remaining stake in SMC held by Q-Tech Alliance Holdings, completing the former’s buyout of a 20-percent block of shares.

Q-Tech sold its remaining 301.6 million shares in SMC to New Frontier at P70 a share for a total block price of about P21.1 billion. The shares were crossed at the Philippine Stock Exchange Wednesday.

 John  Gokongwei Jr.

John  Gokongwei Jr. :Riches-to-rags-to-riches. Lived on the street at age 13 after his affluent father died and the family lost everything. Peddled thread, soap and candles during World War II. Now has holdings in telecom, branded foods, publishing, petrochemicals and now Cebu Pacific .

Personality:Ruthless.

Strength:Always builds his business from the ground up.No costly acquisitions.

Weakness:Can Lance Gokongwei make the Cebu Pacific “budget carrier” concept a successful long-term proposition?

The Father of the Indian Nation is now being held up as the master strategist, an exemplary leader, and someone whose ideas and tactics corporate India can emulate.
From Boston Consulting Group’s CEO Arun Maira to management guru C K Prahalad and economist Professor Arindam Chaudhuri, key business thinkers are preaching how corporate India needs to revisit Gandhi’s values and ideas and apply these lessons to their business leadership styles. From RediffIndiaAbroad

A few weeks before he was assassinated, Mahatma Gandhi had a conversation with his grandson Arun. He handed Arun a talisman upon which were engraved “Seven Blunders,” out of which, said Gandhi, grows the violence that plagues the world. The blunders were:
Wealth without work.
Pleasure without conscience.
Knowledge without character.
Commerce without morality.
Science without humanity.
Worship without sacrifice.
Politics without principles.

Nandu Nankishore (Former Nestle Philippines CEO) Disrespected Our Beloved Tita Cory!
“Hey, Nandu, don’t you treat us like slumdogs. We don’t have one in our country. IN your native India, you have thousands of slumdogs. Nandu, if you think you can boss us around like what you do with Indian slumdogs, you better think twice. You have no right disrespecting our former leader, you better behave and ship your idols back to your native land. Otherwise, you’re courting not just a boycott of Nestle products–you are earning the ire of millions of Filipinos. ” From The Philippine Revolution

” When I despair, I remember that all through history the ways of truth and love have always won. There have been tyrants,despots and murderers, and for a time they can seem invincible, but in the end they always fall. Think of it–always. ” Mahatma Gandhi

Nestle, the world’s largest foods company, has named Nandu Nandkishore as its Executive Vice-President for Asia, Oceania, Africa and Middle East

Some companies are not content with just being monopolies.

They have to be bullies and hypocrites.

Take the case of a multinational that espouses “trust, integrity and honesty.”

Alas, their behavior is the exact opposite.

A curious case involves one distributor who discovered a sexual affair between their top officer and the sales manager in charge of their account.

Instead of addressing the blatant conflict of interest, guess what the multinational did when this was brought to the officers’ attention?

They illegally terminated the distributor’s contract, and threatened him so he would remain silent.

It’s enough to make you spit in your coffee and throw it at their faces. Ramon Tulfo (Philippine Daily Inquirer)

Debt collection harassment and abuse can take a particular toll on vulnerable older consumers.  The good news is that there are Central Bank regulations that are intended to protect consumers from debt collection and harassment.  These laws apply regardless of whether the consumer owes money on the debt being collected.  The bad news is that many collectors still do not comply with the law.

The information below will help advocates counsel clients about what a debt collector can and cannot do and how consumers can protect themselves.  It is also important to work with older consumers to help them evaluate which debts are highest priorities and what the possible consequences might be if they are unable to repay all of their debts.
What Can a Debt Collector Really Do?

A debt collector working on behalf of a creditor can do little more than demand payment.  If the creditor has not taken the client’s house, car, or other property as collateral on a loan, then legally the creditor can only do three things:

International Nestlé-Free Week: 31 October – 6 November 2011

Nestlé is the target of a boycott because it contributes to the unnecessary death and suffering of infants around the world by aggressively marketing baby foods in breach of international marketing standards. Even Nestlé’s Public Affairs Manager acknowledges the boycott has widespread support.
The World Health Assembly has adopted marketing requirements for baby foods to protect breastfeeding and to ensure breastmilk substitutes are used safely if necessary. As UNICEF has said:

We do not believe that it is morally acceptable for Nestle to promote senior executives even if they cheat during their overseas assignments, deceive and cover-up serious misdeeds, treating shareholders and the public as gullible fools. 
Are cherished Nestle values not important anymore? Are controversial executives just “kicked upstairs” in Nestle? If so, this would be a great insult to all the honest and competent executives in Nestle worldwide!

Advocacy groups and charities have accused Nestlé of unethical methods of promoting infant formula over breast milk to poor mothers in developing countries.^[15][16] For example, IBFAN claim that Nestlé distributes free formula samples to hospitals and maternity wards; after leaving the hospital, the formula is no longer free, but because the supplementation has interfered with lactation, the family must continue to buy the formula. IBFAN also allege that Nestlé uses “humanitarian aid” to create markets, does not label its products in a language appropriate to the countries where they are sold, and offers gifts and sponsorship to influence health workers to promote its products.^[17] Nestlé denies these allegations.^{[18] From Wikipedia}

Amidst various reports of sex scandals, bullying, bankruptcies of small Pinoy entrepreneurs, beleaguered banks (from the bankruptcies), predatory pricing and anti-trust practices from different sectors regarding our favorite imperialistic trans-national corporation (TNC), Nestle, the top broadsheets have reported that according to Nestle Philippines chairman and CEO, John Miller, Nestle is here to stay.