$300 million in fines and share prices dropping is only a small penalty that BHP had to pay for the recent disaster that saw 11 Brazilian villagers lose their lives. So, what can the Food and Beverage industry take away from this crisis? In this blog, we will discuss what we can learn from the BHP disaster and provide a…
We’ve all recently been shocked by the BHP Samarco disaster which saw 11 Brazillian villagers lose their lives, with 15 still reported as missing. This tragedy has rocked BHP, with Samarco’s publically traded bonds initially losing 50% of their value. So, what can the Food and Beverage industry take away from this crisis? People are always going to want answers…
The lengths Coke will go to to shape the dialogue around obesity research has recently come to light. Paying advocacy groups to play down the link between soft drinks and obesity is one way to protect your business for the future, unfortunately you’ll always look like the bad guy when universities start returning your money!
The recent 7-Eleven scandal should be a case study on risk and brand awareness. 7-Eleven needs to stop attempting to separate their legal issues from their consumer activities – both are integrated and need to be carefully managed.
We’ve all read about the huge scandal 7-Eleven recently faced after Fairfax Media and Four Corners blew the lid off a “half pay” scam being conducted by franchisees. Obviously, franchisees are forced to back pay the exploited staff, and fines have been imposed by Fairwork legislation, but what about the impact felt at the highest levels of the organisation? The…
For many in the food and beverage industry, the critical Intellectual Property (IP), that provides a competitive edge is the sensitive information related to customers, in particular who they are and which pricing and supply conditions are in place. Protecting this critical information in a competitive market is critical. But, when key employees up and jump ship, it is notoriously hard…
After months of proposals and briefings, China has now revised its food safety laws for the first time in six years. The full article is here.
The Peanut Corporation of America salmonella case has led to an unprecedented criminal sentencing of the former CEO, Stewart Parnell.
What lessons can be learnt in the wake of this scandal?
Already the ACCC has received reports from suppliers that suggests some retailers are not having a great start when it comes to implementing the Code. Have you taken the necessary steps to insure yourself from the risk the code could poses to your business?
Here are a few million reasons why you need to care about the Food and Grocery Code of Conduct and how it will impact your relationship with retailers.
