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Saturday 13 March 2010

Why Kraft takeover will hurt Cadbury's talent production line

managementtoday.com

Posted 19.01.2010 by The Thinking Partnership

Director Mark Loftus comments on the impact of the Kraft-Cadbury takeover on the company's leaders in Management Today.

For those who do stick around, their priorities could change substantially. With job cuts and process changes inevitable, change management will suddenly be top of the agenda. This will test their 'ability to handle high levels of people and political complexity, to be resilient in the face of ambiguity, and to show real courage in the way they lead,' argues Mark Loftus, a director at leadership consultancy The Thinking Partnership. How will they be able to maintain Cadbury's unique culture - which many believe is the reason for its success - now that it's no longer independent?

What's more, they'll be in the difficult situation of knowing that key decisions will be taken in the US - which for some, is unlikely to sit well. 'A common thread for all successful leaders is that they thrive on the sense of being at the heart of things,' Loftus points out. Getting used to the new status quo will test other aspects of their leadership skills, he suggests - such as 'the courage to challenge what needs challenging, the wisdom to know what not to challenge and the skill to engage their new US colleagues'.

Click here to read the full article on managementtoday.com