Professional Documents
Culture Documents
Developing A Program Portfolio
Developing A Program Portfolio
Innovation
Organization
Creativity
Leadership
Initiative
Accomplishments
Technology
Skills
These tools help the Herbalife to define strength and weaknesses of their programs and
projects. They importantly consider the level of balance in the portfolio. The company needs
to keep their lights on while they’re also developing new opportunities. Beyond their
prioritizing and selecting projects and programs, their portfolio management is balancing
the portfolio so that the right projects and programs are selected and implemented.
Monitoring and controlling are key to the process, since their portfolio composition is not a
one-time decision. Their evaluations should be conducted in some regular cadence. It may
be decided that their project’s priority becomes lower and others move into its place. Their
project could be temporarily moved out of the portfolio or permanently moved out of what
that portfolio entails.
Creation of Future Programs and Core Strategies
The Herbalife ideally positioned to take advantage of global trends in health and
wellness and rising entrepreneurship.
Core Strategies
o Leveraging Technology
Herbalife want to continue to grow and one of the best strategies to make the
product more noticeable in all market and to those target market, Herbalife
Nutritional Club accelerated new products to be able to have a direct core customer.
Manufacturing
Herbalife complies with the applicable requirements of all regulatory bodies
wherever we do business. In the United States, our products comply with and are
labeled according to the Food and Drug Administration (FDA) regulations. Outside of
the United States, we comply with and are regulated by the various ministries of
health and food standards agencies where we do business. Through the acquisition of
assets at Micelle Laboratories, a California contract manufacturer of food and dietary
supplements, we able to enhance our global product development and supply chain
to better support our dedicated independent Members. It allows us to increase the
speed to market for new products while controlling quality along each step of the
manufacturing process, from raw ingredients to finished products – part of our
ongoing commitment to excellence.
To be able to keep the financial priorities of the business, Herbalife have some tips to
be high on financial goals.
These are ways of Herbalife to keep the track of financial priorities since Herbalife is
not even have a exact decision or priorities of their financial so that they tend to explain on
how to keep developing the business.
Governance Priorities
The Board of Directors/Owner of Herbalife Nutrition sets high standards for their
business. Implicit in this philosophy is the importance of sound corporate governance. It is
the duty of the Board of Directors/Owner to serve as a prudent fiduciary for shareholders
and to oversee the management of the Company's business. To fulfill its responsibilities and
to discharge its duty, the Board of Directors/Owner follows the procedures and standards
that are set forth in these guidelines. These guidelines are subject to modification from time
to time as the Board of Directors deems appropriate in the best interests of the Company or
as required by applicable laws and regulations.