TY - JOUR
AU1 - Nicholas O'Regan
AU2 - Abby Ghobadian
AB - Purpose – The purpose of this paper is to explore, from a practical point‐of‐view, a number of key strategic issues that critically influence organisations' competitiveness. Design/methodology/approach – The paper is based on a semi‐structured interview with Mr Paul Walsh, CEO of Diageo. Diageo is a highly successful company and Mr Walsh has played a central role in making Diageo the number one branded drink company in the world. Findings – The paper discusses the key attributes of successful merger, lessons from a complex cross boarder acquisition, rationale for strategic alliance with competitors, distinctive resources, and the role of corporate social responsibility. Research limitations/implications – It is not too often that management scholars have the opportunity to discuss with the CEOs of large multinationals the rational of key strategic decisions. In this paper these issues are explored from the perspective of a CEO of a large and successful company. The lessons, while not generalisable, offer unique insights to students of management and management researchers. Originality/value – The paper offers a bridge between theory and practice. It demonstrates that from Diageo's perspective the distinctive capabilities are intangible. It also offers insight into how to successfully execute strategic decision. In terms of originality it offers a view from the top, which is often missing from strategy research.
TI - Creating a world class business through a merger of two equals An interview with Paul Walsh, Chief Executive Officer of Diageo plc
JF - Journal of Strategy and Management
DO - 10.1108/17554251011064864
DA - 2010-08-10
UR - https://www.deepdyve.com/lp/emerald-publishing/creating-a-world-class-business-through-a-merger-of-two-equals-an-gxrcrPMPn5
SP - 285
EP - 298
VL - 3
IS - 3
DP - DeepDyve
ER -