Blog: Chris Brook-CarterManagement today

Chris Brook-Carter | 15 December 2003

I have, I am sure, directed readers in the past to the excellent financial website www.cantos.com. It's free to register and you get a range of interviews from leading players in industrial sectors around the world.

 

This week the website published a special beverage feature. As well as grouping interviews with the CEOs of S&N, SABMiller and W&D following their recent results, the website has also talked to the two beverage analysts Ian Shackleton, of CSFB, and Ralf Knabe, of Dresdner Kleinwort Wasserstein, to get their views on 2003 and some hints at the issues in 2004.

 

Shackleton focuses on the European beer market in the interview and points out his concerns in the sector, in particular flat volumes in Europe and a lack of marketing spend from the leading players. Interestingly, though, he points to another challenge - the number of new senior managers that have come into the sector - as a positive.

 

"It’s interesting that we’ve seen a number of new managements come into quite a few of the beverage companies, the beer companies in Europe: Scottish & Newcastle would be one, for example. Interbrew would be another. And so there are some quite big challenges facing new managements. Now, it’s interesting that both the managements that have come into those companies have come from outside the beer industry, and that probably introduces new blood into an industry where perhaps, historically, there’s been far too much inbred management, which has not contributed to a good performing culture," Shackleton says.

   

Funnily enough, this was an issue we too highlighted in a feature in January by Ben Cooper. It's worth reading the two slightly different takes on the matter.

Feature link: Boardroom shuffles


BLOG

What is Heineken hiding up its sleeve in Australia?

Heineken is gearing up for a product launch in Australia this month. But exactly what the product is, the brewer is not saying....

BLOG

Anheuser-Busch InBev's craft brewers turn hermits in their own kingdoms

It's Summer in the northern hemisphere and the beer festivals are in full swing. Even the famously secluded North Korea is letting its regulation-cut hair down with the Taedonggang Beer Festival, name...

BLOG

Under the influencers - regulators crack down on sponsored social media

Drinks companies that use celebrities and influencers to endorse products via social media could be in line for some rule changes....

BLOG

Drinking & Driving? Ford and Jose Cuervo's Tequila cars

A couple of months ago, US-based Saltwater Brewery developed 'edible six-pack rings' in an effort to curb threats to wildlife....

just-drinks homepage



Forgot your password?