Mead Johnson Nutrition has agreed to pay $12m (€10.9m) to settle a US Securities and Exchange Commission (SEC) investigation into the “promotional practices” of its Chinese business. The business allegedly misused company funds to gain marketing leverage. The full article here.
The practice unfolds largely the same across all industries: A larger, more established company swoops in to acquire a smaller, fast-growing company.
German discount supermarket chain, Lidl, is ramping up plans to enter the Australian market, seeking to register its trademarks for use in Australia. Aiming to shake up the $94 billion supermarket industry, Lidl applied for trademarks across nearly every class in April. The full article is here.
If you want to grow your business internationally, ensure you’ve ticked the right boxes to get exporting.
In Boardrooms across the globe it is easy to see how leaders become disconnected from those at the coalface. In such busy times, Leaders get less chance to see the operations and engage with their people. A recent article by Robert Sutton in the HBR (http://blogs.hbr.org/2013/11/) demonstrated the importance of leaders actions in achieving cultural change.
