18th March 2010 we discussed the none-too-good state of Unilever group under the caption "Unilever in crisis mode?" There are some happy tidings since then.
Harish Manwani who continues as Chairman of HUL will additionally be COO of the Unilever group. Gopal Vittal, one of the EDs of HUL recently remarked, "The question is , are we winning in the markets of tomorrow, with the consumers of tomorrow, in the segments and the channels of tomorrow, because in each of these there are tailwinds coming our way".
Nice to hear. Though focus on future is necessary, we need to realise that the long run is only a seres of short runs. If a company does not do well in a series of short runs, its long term strategy also gets stymied. Strong headwinds in the near term may not allow us to survive in the distant term.
Myopia is bad. Hypermetropia may be worse!
Harish Manwani who continues as Chairman of HUL will additionally be COO of the Unilever group. Gopal Vittal, one of the EDs of HUL recently remarked, "The question is , are we winning in the markets of tomorrow, with the consumers of tomorrow, in the segments and the channels of tomorrow, because in each of these there are tailwinds coming our way".
Nice to hear. Though focus on future is necessary, we need to realise that the long run is only a seres of short runs. If a company does not do well in a series of short runs, its long term strategy also gets stymied. Strong headwinds in the near term may not allow us to survive in the distant term.
Myopia is bad. Hypermetropia may be worse!
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