Word: focusing
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...growth, Brabeck is not about to follow the radical--and financially successful--example of one of Nestle's main rivals, the Anglo-Dutch Unilever group. Unilever has taken a machete to its operations over the past three years, cutting the number of its brands by half to focus on 400 key products and shutting 83 of its 250 manufacturing facilities. Those efforts have widened its operating margins by 45%, and its earnings per share were up 27% last year, despite the sluggish economy. During Brabeck's tenure, Nestle has closed 156 factories, but it has acquired or opened...
Brabeck pooh-poohs the notion that a company should focus tightly on its core competency. Nestle's big challenge, he says, "is that we have to be able to learn how to get operational efficiency with a relatively complex business structure. This is what I think real management is all about. The other thing is much too easy." Rather than narrow its focus, he believes that a well-managed and flexibly organized consumer-goods company can sell dog food and ice cream--as well as coffee, water and candy--and gain advantages in marketing, purchasing and distribution over more specialized...
...like 2007 Player of the Year Ashley Taylor, who carried Dartmouth with 17.3 points per game— that earned the Crimson an Ivy title and a precious berth in the NCAA Tournament. Delaney-Smith, just happy to cut the nets down in March, won’t focus on individual accolades where team success is concerned.“Sharing the load—that’s what I want,” Delaney-Smith says. “That’s the way this team will achieve its goals. You’re harder to play...
Charbonneau said yesterday that he is currently focused on the MEarth Project, which involves building an array of ground-based telescopes to detect potentially habitable planets. These telescopes will focus on rocky planets orbiting nearby low-mass stars that are cooler and dimmer than the Sun. The first few telescopes have already been built in Southern Arizona...
Xenophobia is sweeping the nation, and the response to the recent Democratic presidential debate has continued the pervasive focus on politics, rather than on serious policy questions...