Word: traditionalizing
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In Nestle's case, the risks lurk literally everywhere. The company dates back to 1867--when Henri Nestle started selling a cereal he had invented for infants--and is still based in his hometown, Vevey, Switzerland, on Lake Geneva. But it has long outgrown its Swiss roots and is today...
How will such change go down in an organization that values tradition? "We don't have a choice," says Weller, Nestle's U.S. head. Consumer taste is so fickle, and the businesses Nestle is in are consolidating so fast that "we can't get to the next level without changing...
The standard in The Game transport tradition, the shuttles promise “on-board movies and snacks” that will make you “almost forget you’re going to New Haven.”
Still, Eliot’s tradition of spiked cider is a casualty of a new prohibition on electric generators. Committee members decided no cider was better than cold cider.
THE COUNTRY The Islamic Republic of Pakistan is made up of 165 million people, divided among several tribal and linguistic groups, united only by its military and by Islam - and that in many different stripes of tradition, conservatism and modernity. Pakistan and its military leaders were key allies of the...