Finlays’ Post

Consumers are increasingly aware of specific flavour notes in their coffees and teas, thanks in part to the social-media-fuelled trend called 'connoisseurship’. But how can businesses bring out these technical truths in their own beverage portfolio? Aaron Oakes, Principal Scientist-Sensory at Finlays Americas, analyses the growing importance of sensory, Finlays’ approach, and what the future might hold in the latest edition of 1750. Check out the full article here: https://lnkd.in/ePmBwmkq #ThisIsFinlays #Beverages #BeverageTrends #BeverageIndustry #Finlays1750

The Parable of New Wine into Old Wineskins teaches us a crucial lesson about growth and capacity: New Wine Needs New Wineskins: Just as new wine continues to ferment and expand, so too do our skills, ideas, and personal achievements. Pouring this 'new wine' into 'old wineskins'—outdated frameworks or mindsets—risks wasting these valuable gains. As we grow, so must the environments and mindsets that contain and nurture our new realities. Risk of Using the Old: Using old wineskins (i.e., old ways of thinking or outdated practices) not only stifles growth but can also lead to regression or loss of what has been gained. Like the old skins, they can burst, causing loss of both the wine and the wineskin. Avoid the risk by continually evolving your approaches and strategies. Nurture Your Development: As you acquire new skills and heal from past traumas, ensure you have the right support systems—new wineskins—that can handle the pressures of new wine. Protect and maximize your growth by fostering environments and mindsets that embrace change and innovation. #PersonalGrowth #ProfessionalDevelopment #Innovation #MindsetShift #NewBeginnings #Leadership #ChangeManagement #SelfImprovement #EmotionalHealing #VisualMetaphor #SuccessTips #ContinuousImprovement #WineSkins

"Recently, we hosted our Executive Forum, ""3 ACTIONS EVERY WINE & SPIRITS LEADER CAN TAKE IN THE NEXT 60 DAYS TO QUICKLY BOOST DISTRIBUTOR SHARE OF MIND"" where we had a robust discussion about the state of the alcohol beverage business, which then was in complete decline. We also talked about what was in our control. We will be sharing a few of the breakthrough revelations with you over the next few weeks... BREAKTHROUGH REVELATION #4: DEFINE OR RE-DEFINE YOUR NICHE Come with clear concise plan and know your branding, target consumer, and niche. Customers don’t know they need your brand until they know why. A compelling why. Every brand has this, and distributor partners need to be able to talk about it with three main points that quickly roll off their tongue. If you can supply this for your key reps, it becomes much easier for them to sell your brands. Knowing your brand's stand out differentiators has never been as important as it is today with an unstable industry...so, at our next invitation-only Executive Forum for leaders in the Beer, Wine & Spirits Industry, Newborn Evolution will be sharing three strategies to help your teams, partners and customers to remain resilient, confident and able to navigate through this uncertain and unstable landscape. Join us on Friday, July 26th, at 11:00am ET for a robust virtual discussion on this topic. Why you should consider joining the conversation: -Our Executive Forums are exclusive and by invitation only -We will be sharing expert insights during the forum from decades of experience in the Beer, Wine & Spirits Industries -You will have the opportunity to have real-time conversations with high- level leaders like yourself, in the Alcohol -Beverage Industry who are facing similar challenges -This is a great opportunity to expand your network leadership skills -All attendees will receive a high-level recap of the most pertinent key take-aways If you would like to request an invitation for yourself or someone at your organization who may be interested please email us at [email protected] and say “July 26th Executive Forum” and we will send you details. You can also find out more in the link in the first comment below. #Wine #Spirits #Beer #AlcoholBeverageIndustry #winetrends #spiritstrends #keyaccounts #strategy #businessplan #marketing #branding #brand #niche

With consumer spending in China reaching an all time high in 2022, demonstrating a healthy post-COVID economy, the Chinese beverages market has never been such an exciting prospect. Sian Edwards, Finlays' Group Insights Manager uncovers five key dynamics driving change in this market. Read the full article: https://lnkd.in/e6UHysvD  #ThisIsFinlays #Beverages #Coffee #Finlays1750

Hmm🫡. Yes, brands, companies, face challenges, and relevancy can be among them. I think Ms. Masino has been CEO of Cracker Barrel for coming up on a year. Is it not part of the CEO’s job to keep, make their brand(s), and company relevant? Of course, sometimes relevancy can wane, and acknowledging the truth is critical as is doing what is necessary to get it back on-track. But, might not there be a way to communicate its challenge(s) in a more hopeful, optimistic, forward looking, inspiring, confidence building, motivating way, versus publicly throwing it under the bus and facilitating a stock price/company value decline? Words, how they’re spoken, to whom they’re spoken, where they’re spoken, when they’re spoken, matter, especially if one is in a leadership position like CEO. #crackerbarrel

Suntory Targets Global Ready-to-Drink Market Leadership: Aiming for Gold! Suntory Global Spirits #Suntory #ReadyToDrink #GlobalMarket #BeverageInnovation #MarketLeadership #DrinkTrends #BeverageIndustry #PremiumDrinks #RTDMarket #BusinessExpansion

Key Takeaways: *Thank God I have competition* Professionals love competition. Infact they encourage it too! Primarily it keeps all of us on the toes., knowing all who are behind you aren’t raving fans and also it helps market to open up! New segments., new thoughts, creativity and innovation are all outcomes of competitors. We need some one to challenge us all the time., else we may become numb and stoic in our thought process. Competition in healthy way is what mature CEO’s bring to the table rather than mud slinging or running down each other. Recently I was at a restaurant which was opened offering global cuisine and every time I dropped in only to find competitors coming in to taste the food, service, ambience, decor, theme and many from formal associations in that city. This after my sixth visit to the restaurant am writing this. We have mature leaders leading businesses these days and they are in constant thirst for new things which they can learn and curate in their offerings. Be it the most pronounced competitors - Pepsi Vs Coke or recent ones - Poppy Vs John’s it’s superb to see the innovation nerve getting activated and from God’s own country to global foot prints! Thats what competition can create for each other! *Competitors are like treadmill - Even to remain where you are., you better be running*

Taste Radio Insight 💡 Our series where we answer common questions asked by early-stage beverage founders. Today, Ray Latif will be joined by Ken Sadowsky, a 25-year veteran of the beverage industry. Topic: Do Distributors Invest In Or Acquire Equity In Brands?

Excellent piece about how one company chooses to keep retail prices stable. And I applaud Arizona Beverages for doing so. But the article misses the point on the choices all business leaders face in these times. It says there are only three choices, but really there are four. The fourth is: artificially inflate prices on every product you can, take advantage of the economic environment, gouge consumers, and make the maximum profit you can, while you can. I believe this fourth option is what most business leaders have chosen and continue to choose. And it speaks to greed, avarice, and lack of integrity across the board(room).

The old 𝗘𝗻𝗴𝗲𝗹 𝗰𝘂𝗿𝘃𝗲 post is one of my most popular perspectives. Used by the right person, the curve carries profound insights into corporate strategy for food and beverage companies. I thus created this 𝗤𝘂𝗶𝗰𝗸 𝗥𝗲𝗮𝗱 out of the original materials. Read and reflect. —  —  — [2024-03-05] #fmcg #strategy #marketing #ceo #management