Indian FMCG, retail cos not ready to meet challenges: BCG

By PTI
24 June, 2014

When asked about the major challenges to define a transformation agenda for the next 3-5 years, 71 per cent said “the company has a vision but doesn’t have a concrete milestone and action plan to achieve it”, while another 29 per cent said “the company doesn’t have suitable (people/skills/knowledge” to drive changes.

On the issue of new players coming in their business segments and taking share from established players, the report said 86 per cent of the respondents said they have witnessed it and the trend would continue, while only 14 per cent said they don’t expect major movements in future despite new players taking away share.


Leave Your Comment
BSE Sensex hits life high; bank stocks lead

BSE Sensex hits life high; bank stocks lead

Reuters 3 years ago
The BSE Sensex and Nifty jumped nearly 1.5 per cent on Monday to record highs, surpassing their previous all-time highs hit just last week as...
Capgemini-IGATE deal: More M&As in India, scramble for clients in the offing

Capgemini-IGATE deal: More M&As in India, scramble for clients in the offing

Manu P Toms 2 years ago
Capgemini’s $4 billion offer to acquire IGATE–the largest buyout of an India-related IT services firm–could well be a harbinger of a clutch of merger and acquisition (M&A)...
TCS Q1 net profit inches up 2%; revenue below street estimate

TCS Q1 net profit inches up 2%; revenue below street estimate

PTI 2 years ago
The largest software exporter TCS today reported a meagre 2.1 per cent growth in its June quarter net profit at Rs 5,684 crore, with revenue...
No Comments

Indian FMCG, retail cos not ready to meet challenges: BCG

Powered by WordPress.com VIP