Sara Lee Analysis MGT 624 July 12, 2012 The Sara Lee Corporation has a retentive account statementdating back to 1939, with the acquisition of a small sweep distributer of sugar, coffee, and tea, the C.D. Kenny Company. In 1942, the beau monde purchased another corporation and changed the pick up wind to Sprague Warner-Kenny Corporation. In 1946, the company began trading publicly on the brand-new York Stock Exchange, and in 1954, the name was changed to Consolidated Foods which was much of a representation of the diversify practices the company now participated in that include food processing, packaging, and distribution. Between 1962, and 2001, the company engaged in legion(predicate) acquisitions, many of which deviated from the companys retail food operations (Thompson, Peteraf, Gamble, & Strickland, 2012). From 1975, to 2001, John H. Bryan served as chief executive ships officer of Consolidated Foods, and it was low his reign that the company expa nded importantly in diversified operations and global expansion. By 1998, the companys gross revenue peaked at $20 billion. In 2000, Steven McMillian took over the CEO position, as the profligate was struggle to keep market partake in and manage the great range of increases, with many of the product defines in various industries. McMillian had a plan to streamline operations, centering on a small number of branded items that focused on Food and Beverage, Intimates and Underwear, and kinfolk Products (Thompson, Peteraf, Gamble, & Strickland, 2012). There is not pay heed of how sanitary this plan was executed under Bryan. Brenda Barnes joined the firm in July of 2004, with a record of success and achievement in her line career. In February of 2005, Barnes took over as CEO and stick a very aggressive plan in ordain to streamline operations even further, focusing on food, drinkable and dwelling items. Barnes was attempting to use the economies of scope to eliminat e unprofitable business units and product ca! tegories. Barnes felt that Sara Lee...If you want to get a unspoiled essay, baseball club it on our website: OrderCustomPaper.com
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