Blog: Tough at the top
Chris Brook-Carter | 17 February 2004
Managing a major sports team is often cited as one of the highest pressure jobs going, with job security at a minimum and the chances to complete your long term visions poor.
In this case real life is starting to reflect sport, according to Foster's boss, Ted Kunkel, who this week argued for longer contracts for chief executive appointments.
Kunkel, it seems, believes that current four and five-year tenures for CEOs are too short, market-driven and do not allow for a strategic vision to be implemented. He said strategic visions required up to 10 years to fulfil.
But if there are a tougher lot to please in the short term than sport fans, it is institutional investors, so one wonders if Kunkel's hopes are realistic at all.
It's a bank holiday here in the UK on Monday (25 August). just-drinks' team will be taking a well-earned lie down. ...
Poland is hardly noted for its cider consumption, but all this could be about to change. ...
Here's a brave move by the folk from Camerata at Paulie's in Houston: a wine-related parody of Summer Nights from Grease....
Here's a round-up of the top stories on just-drinks last week, featuring The Coca-Cola Co and Monster Beverage Corp, Constellation Brands, Anheuser-Busch InBev and Australia's wine producers....
- Interview - Bacardi global marketing boss, whisky
- Comment - Hybrid Spirits: Innovation or Laziness?
- Constellation grapples with glass as reality bites
- Brewers Feel Prolonged Russian Winter
- Focus - Heineken's H1 Performance by Region
- Mast-Jägermeister targets UK off-trade boost
- Diageo doubles intake for spirits start-ups scheme
- Second senior exec to depart Bacardi
- Portman finds against Diageo "mix it up" tagline
- Bacardi sees North America president step down