The passage definitely unfolded us an excellent example of the power of transparency. The Nestle has long been a dominant enterprise in the food industry. The influence of Nestle is worldwide, but why Nestle can keep itself successful and occupy the leading position for decades?
This passage depicts an idea called “Creating Shared Value”, which is considered as Nestle’s key to where it is now today. Through creating to both shareholders and the society, Nestle gains approval in all parts of world in a considerably short period. Under the supervision mechanism established by Nestle itself, interactions between enterprise and shareholders become more effective and efficient which leads Nestle to the leading food products company in the Dow Jones Sustainability Index.
Hardly can we deny that the majority of companies worldwide can do a better job in improving their enterprise transparency. An opaque governance cooperation will highly reduce the stability of its product commitment and accumulate problems since most of them cannot be found until a miserable is caused. However, a transparently managed company will be better supervised by both its shareholders and consumers. Less black box operation is projected to occur whereas most report statistics of these enterprises will be reliable and valuable referenced.
Although the building of transparency of a world top 500 enterprise can be a work cost decades to accomplish, it is not the excuse to procrastinate this goal. The return of transparency can be too amazing to refuse.