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Kraft Foods Inc.: Career Outlook Surveys

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Job Title: Brand Manager
Location: Tarrytown, NY
Submitted on: 15-Sep-04
Job Title Business Outlook Survey
Brand Manager Kraft is a follower, not a leader. It will be several years before they turn the corner, in my opinion. Roger Deromedi, the new CEO, has yet to prove himself. They can only grow by acquisition because they don't have the risk tolerance for innovative new product development. They have squeezed every penny out of what they call "productivity" (cost- cutting). They are in the very mature grocery category, and many of their products are price-sensitive commodities (cheese, coffee, breakfast cereal) so it's tough to make a buck. Certain divisions do better than others (Beverages) due to category dynamics, so those divisions are the go-to guys when volume goals get missed by other folks, creating a lot of stress.

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