Blog: Management 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.
It would appear that the folk at the UK arm of Carlsberg have this year found the 'gimmicky' drawer in the marketing office....
It's a popular grizzle and one I'll admit to having on at least one or two occasions… a day. Why do people post photos of their food and/or drink on to my social media feed?...
After a 2014 it'll want to forget, Treasury Wine Estates has some good news....
The garden shed is usually home to some spiders, a lawnmower and a few half-empty paint tins. ...
- Focus - Diageo's FY Performance by Region
- It's not all bad for Diageo - Analysis
- Diageo " knew United Spirits would be complicated”
- Focus - Diageo's FY Performance by Brand
- Diageo upbeat on Scotch prospects
- Challenges remain as Diageo posts flat FY sales
- Bacardi creates Bacardi rum marketing role
- Edrington appoints new board director
- Britvic appoints SABMiller's Dunn as CFO
- Whyte & Mackay brings RumChata to UK
- Global gin insights - market data, product innovation and consumer trends research
- Global rum insights - market forecasts, product innovation and consumer trends research
- Global Tequila insights - market forecasts, product innovation and consumer trends research
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends research
- Global liqueurs insights - market forecasts, product innovation and consumer trends research