The Coca-Cola organizational chart explains the corporate chain of command. The chain of command is crucial to maintaining order in the decision-making process. In an effective chain, responsibility flows downward, while accountability flows upward, as stated in the Business Dictionary.
The changes in the organizational workflow within Coca-Cola are effective as of 2014. The company website suggests that by "following the successful reorganization of the company’s operating structure last year, the company is taking further action to streamline its focus and expedite its refranchising to independent bottling partners." This initiative is designed to better service the special needs of North American consumers and retailers. The Coca-Cola company website explains that the changes consist of two operating units: Coca-Cola North America and Coca-Cola Refreshments.
Coca-Cola is the most valuable brand around the world, according to studies from independent organizations such as Business Week. It is also the world’s largest beverage company. The beverage has consumers in over 200 countries with a rate of over 1.8 billion servings a day. The operational chart is key to helping the company meet its refranchising goals. This new system is not only implemented in the U.S. offices but also in other offices around the world.