1. Business Transformation of Kraft Foods Group
It was sufficient for achieving overall growth and market penetration strategic objectives. ... Evidently, Kraft was not able to accomplish desired targets. Change, moving decision making closer to consumers and markets, was mandatory to restore Kraft to a sustainable long-term growth organization. ... Targets and bonuses mechanism had to be altered to encourage managers to put maximum efforts and utmost dedication to achieve BU strategic objectives. ... By reorganizing into the divisional structure, Kraft was able to move decision making closer to consumers and markets. ...
- Word Count: 736
- Approx Pages: 3
- Grade Level: Graduate