Our point was simple
- If there is no best FMCG company in the world, there are ‘islands of excellence’ though worth understanding
- Each FMCG company develops unique sets of capabilities that fit best their DNA/ own challenges
- Each FMCG company succeeds in understanding finely what makes it unique & in adapting selectively
We shared 6 cases we particularly liked (it was a mix of fact-based outperformance and a cherry-pick of outstanding features) and it was naturally non-exhaustive
- Unilever geographic footprint’s growth
- L’Oréal category footprint’s growth, its craft to drive brand desirability and its M&A track records
- Procter & Gamble 4P expertise to drive superiority across Z-F-SMOT & its ‘leadership factory’
- The Coca-Cola Company System scale & demand generation/ revenue management capabilities
- Lindt & Sprüngli consistent where-to-play & how-to-win choices
- Reckitt frugal & entrepreneurial culture
Many reached out to suggest some other FMCG companies. The purpose of this post is to complete the above with 4 further cases (three of them being private) & get to our top 10. Here there are:
- Red Bull: for its original demand generation model & media-assets ownership strategy. It reached last year the €10bn revenue mark.
- PepsiCo Snack: for its unparalleled shelf grip & demand generation muscle translating into a leading global MS/ continuous MS gains on one of the world largest/ fastest growing category (salty snacks)
- Ferrero: for its founder-led growth obsession (Giovanni’s famous 7.33% CAGR target to double every 10 years) & manic control over product quality
- Last but not least: Bel, the family-owned French cheese company, & its leadership team (led by Cecile Beliot) that keeps pushing the boundary on ESG (double accounting, regenerative agriculture, net zero target…) & lead the conversation on this future defining topic.
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