{"id":655,"date":"2012-09-19T09:38:19","date_gmt":"2012-09-19T09:38:19","guid":{"rendered":"http:\/\/www.chaordicsolutions.co.uk\/blog\/?p=655"},"modified":"2013-05-19T20:22:04","modified_gmt":"2013-05-19T19:22:04","slug":"blank-checks-unleashing-the-potential-of-people-and-businesses","status":"publish","type":"post","link":"https:\/\/www.chaordicsolutions.co.uk\/blog\/from-our-change-management-consultants\/blank-checks-unleashing-the-potential-of-people-and-businesses\/","title":{"rendered":"Blank checks &#8211; unleashing the potential of people and businesses"},"content":{"rendered":"<p><a href=\"http:\/\/www.chaordicsolutions.co.uk\/blog\/wp-content\/uploads\/2012\/05\/changemanagementmini.jpg\"><img loading=\"lazy\" class=\"alignleft size-full wp-image-38\" title=\"changemanagementmini\" alt=\"Change Management\" src=\"http:\/\/www.chaordicsolutions.co.uk\/blog\/wp-content\/uploads\/2012\/05\/changemanagementmini.jpg\" width=\"97\" height=\"64\" \/><\/a>Unleashing potential of people and businesses: removing limitations of budgets and resources for profitable organic growth.<\/p>\n<p>&nbsp;<\/p>\n<p><!--more--><\/p>\n<p><strong>Extract from strategy+business:<\/strong><\/p>\n<p><em>In 2007, Kraft Foods Inc. was facing a major challenge with Tang \u2014 the powdered breakfast drink that had long been one of its iconic brands, made famous in the 1960s when the National Aeronautics and Space Administration included the drink in the rations for U.S. astronauts. The brand was caught in a cycle of underperformance \u2014 a situation that commonly bedevils companies as they seek to drive organic growth. In 2007, the leadership team of Kraft\u2019s developing markets identified Tang as one of their top 10 focus brands, and came up with an unusual strategy for boosting the brand\u2019s sales back into the stratosphere: Tang leaders in key countries such as Brazil were given a \u201cblank check,\u201d essentially urging them to dream big and not worry about resources. The results have been astounding. In the last five years, Tang has doubled sales outside the U.S. and become a profitable, US$1 billion brand there (in comparison, it had taken Tang 50 years to reach the $500 million revenue mark). The transformation of brands like Tang helped grow Kraft Foods\u2019 developing markets business from $6 billion in revenues in 2007 to more than $15 billion in 2011, significantly improving margins.<\/em><\/p>\n<p>Copyright 2013 Booz &amp; Company Inc. All rights reserved.<\/p>\n<p><strong>More &#8230;<\/strong> <a title=\"http:\/\/www.strategy-business.com\/article\/00124?\" href=\"http:\/\/www.strategy-business.com\/article\/00124?\">http:\/\/www.strategy-business.com\/article\/00124?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unleashing potential of people and businesses: removing limitations of budgets and resources for profitable organic growth. &nbsp;<\/p>\n","protected":false},"author":1,"featured_media":38,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[9],"tags":[40,43,41,42,35,11,10,12],"_links":{"self":[{"href":"https:\/\/www.chaordicsolutions.co.uk\/blog\/wp-json\/wp\/v2\/posts\/655"}],"collection":[{"href":"https:\/\/www.chaordicsolutions.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chaordicsolutions.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chaordicsolutions.co.uk\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chaordicsolutions.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=655"}],"version-history":[{"count":4,"href":"https:\/\/www.chaordicsolutions.co.uk\/blog\/wp-json\/wp\/v2\/posts\/655\/revisions"}],"predecessor-version":[{"id":658,"href":"https:\/\/www.chaordicsolutions.co.uk\/blog\/wp-json\/wp\/v2\/posts\/655\/revisions\/658"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.chaordicsolutions.co.uk\/blog\/wp-json\/wp\/v2\/media\/38"}],"wp:attachment":[{"href":"https:\/\/www.chaordicsolutions.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chaordicsolutions.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chaordicsolutions.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}