Friday, June 7, 2019
Ben & Jerryââ¬â¢s Homemade Essay Example for Free
Ben Jerrys Homemade EssayWith four offers on the t up to(p), Ben Jerrys had quite the decision to make. When it came down to it, they chose the most benignant offer which turned out to be with Unilever. As time passed, this was shown to ultimately be a rattling wise choice as the financial results would by and by show impressive results. These impressive results could be seen by looking at how the operating margins trip conduct and were able to maintain a 700M operating profit in bring home the bacon years after the jointure (starting in 2002), operations expanded into 13 new countries, and that their sales reached a notable 7. 9 million. Put this together with the event that Unilever let Ben Jerrys continue to operate as an independent subsidiary and continue a majority of their social agenda, this was a successful merger for Ben Jerrys. From a Unilevers perspective, it proved to be just as lucrative. Investors in Unilever has grown uneasy for some time with Unilever and had been pressuring them to grow.This was partly solved when Unilever finally acquired Ben Jerrys (And nigh 20 other companies at that time) and was able to grow Ben Jerrys internationally and increase its companys value to its investors. All said and done, this was a very successful merger for both parties despite a few integration problems that will be discussed in the following analysis. First off it should be mentioned that Ben Jerry was able to continue their social contributions. They were able to stay in Vermont, continue to buy non-BGH diary goods from Vermont supplies, and continue to have their free cones day. Unilever even helped start a Ben Jerrys foundation that would help fund businesses in low-income communities. All this was in the result of Ben Jerrys company culture and the employees attitudes.One impact from this was that the employees were quite playful. This led to the first integration problem when Unilever implanted its own executive, Yves Couette, a s CEO of Ben Jerrys. He had the task of being able to switch from the more strict collective culture at Unilever to Ben Jerrys more laid back culture This led to him hiring a consultant who would teach financial issues to the employees at Ben Jerrys in a playful matter. Another integration problem was that there were a couple duplicate processes that Ben Jerrys and Unilever both had. These processes produced inefficiencies that took place in the production and statistical distribution of Ben Jerrys. Because of this, two Ben Jerrys plantswere closed which resulted in 69 Ben Jerry employees being let go. Even though employees were let go, this was still the best route to go as a company wants to be as lean as possible.There was also a couple integration problems when it came down to corporate policy. Unilever had a policy which disallowed any partisan political actions. Ben Jerrys didnt formally have this in their policy. The problem occurred when some of Ben Jerry employee s wanted to go to an antiwar demonstration in Washington, D.C. on a bus emblazoned with the Ben Jerrys name. Because it was a get togetherst Unilevers corporate policy, they were unable to go to the antiwar demonstration.When looking at the profit for Ben Jerrys in the early 2000s, the merger has been quite successful. The impressive results can be seen from the operating margin and profit. The merger seemed to have come at a perfect time for Unilever, as their investors were looking to gain from expansion. A few integration problems arose from the merger. Inefficiencies were eliminated, which in turn caused the company to downsize. Unilevers non-partisan policy conflicted with Ben Jerrys socially aware company theme. Even though these problems arose, the merger between the two companies was successful.
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