The Fascinating Mechanics of Progress
Different Challenges Require Different Training Responses
When Jean-Marie Descarpentries took charge of the Carnaud Group in the early 1980s, the French market leader in metal packaging was in a pitiful state. Turnover was stagnant, operating profits were wafer-thin, and it was making a net loss due to its hefty debt burden and high financial costs.
The corporation, which had a turnover of approximately £400m, had a stock market valuation of just £8m. The former flagship of the CGIP business empire, built around the forges of Nantes and developed among the canning plants of Concarneau, Brittany, was failing. Its ultimate fate seemed to hover between asset stripping, a lingering death, and brutal ...
Get Strategy and Training now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
