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Friday, April 16, 2010

Getting the global view: Nestle, led by Peter Brabeck-Letmathe, climbs to the #1 spot in this year's Best Companies for Leaders

Summary:

This article is talking about the Nestle Company, which is a food and beverage company. This article is explaining how can a food and beverages company that wants to sell 8,500 brands in 86 countries become all things to all customers yet maintain its focus and keep its identity intact? The article says that Nestle CEO Peter Brabeck-Letmathe says that it all hinges on the talent that his company nurtures. Austrian-born Brabeck says that they want to make sure that employees at all their regional companies maintain their (employees) original cultures, but follow the same Nestle principles. He says they don't want to transform a Chinese into a Chilean or an American into an Australian. All they are asking for is that he or she embrace the common values that they(company) have. The article says that the company's Management and Leadership Principles state that "people are Nestle's most important asset". The article says there were nearly 2,000 junior executives selected from all over the world undergo a month long induction into Nestle's corporate philosophy. They work together on team projects and meet the company's top brass in groups as well as one on one. Brabeck says he spends at least four weeks a year at the training center. He sees it as his key task and says, "Leadership development" is perhaps one of the most important duties that I have.

Here is the link for the article: http://findarticles.com/p/articles/mi_m4070/is_202/ai_n8576050/

Personal response:

This is an argumentative article I think, but also somewhat informative. I like Nestle myself and I think they are the best at least for me. I would say they are number one because they have kept their identity unbroken. It shows that the employees are following Nestle’s principle. I also think leadership is important in keeping the company whole, which according to this article Brabeck does.

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