Insights

 

Russell Reynolds Associates: Five Key Issues Worth of Board and CEO Attention in CPG

New research from Russell Reynolds Associates identifies five key leadership issues that board directors and CEOs need to be aware of around effectively navigating the consumer packaged goods industry.

Among them:

  1. CEO succession.  CEO turnover in 2013 was the highest it has been in the last decade and higher than the global cross-industry average
  2. Digital disruption. Digital must be seen as an organizational imperative, not a marketing function
  3. Growth amidst rising costs. Develop a compelling value proposition for the consumer
  4. Powerful retailers. Due to the rise of private labels, channel blur and industry consolidation, CPG companies are seeing retailers increasingly turning into competitors
  5. Making sense of emerging markets. CPG companies are struggling in this arena and are hoping that sales from developed markets will offset sluggish growth in emerging markets

Read the report.

 

Thought leadership category