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 seems even 250-year-old Cognac houses want to be like Google these days....
It's not even available on pre-order yet, but Apple's latest piece of kit has already got a breathalyser app....
just-drinks is now closed for the Easter weekend....
Last year was tough for The Coca-Cola Co. So staff in Atlanta won't be pleased to read that Pepsi has overtaken Diet Coke as the no. 2 soda brand in the US. ...
- Is Diageo on the Brink of a Brain Drain?
- SABMiller edges Diageo as beer trumps spirits
- Comment - Heineken's move for Pivovarna Lasko
- Will Keurig Kold come to Coca-Cola Co's Rescue?
- Focus - SABMiller's FY Sales Performance by Region
- Rémy Cointreau eyes recovery after Q4 bounceback
- Carlsberg exec joins Diageo as Africa chief steps
- Diageo YTD sales come in flat
- Belvedere unveils executive team
- Stock Spirits recruits Drambuie head for MD role