For Coke, third-quarter consumption contracted in developing markets, where carbonated beverages generally have been soft, as well as developed markets where, increasingly, they’re being blamed for the obesity epidemic. Coke consumption actually contracted in both China and Brazil, long-time growth engines, by 1%, and fell by 3% in its geographic unit, including Russia.
Exacerbating problems for western CEOs who are depending on these increasingly shaky emerging markets is the fact that many of these global Fortune 1000 companies are now competing on their home turf against competitors from those emerging markets.
Boston Consulting Group recently published a list of 100 rapidly globalizing companies from emerging markets, which it called “global challengers.” It’s the sixth such list since 2006. The consulting firm said that the latest list is characterized by challengers “that are acquiring more sustainable advantages beyond a large home market and low-cost labor.” Also, they are emerging in new consumer categories, such as fast foods, and wine and spirits.
And more of these home-market challengers are becoming overall leaders in their global industries, presenting the greatest type of threat to western-company CEOs. They include Mexico’s Grupo Bimbo, the world’s largest baker, and two Chinese companies, Huawei Technologies, the world’s largest telecom-equipment supplier, and Lenovo Group, the world’s largest PC maker.
Western-company CEOs have plenty of challenges these days. But their emerging-market difficulties comprise an arena of strife that most of them hadn’t bargained for and now have to face.
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
