Creating inspired employees
Singapore-headquartered agri-business Olam International operates in 70 countries worldwide, producing and supplying commodities such as cocoa, coffee, and rice. It is the world’s top supplier of cashew nuts among other items, and counts as its customers food giants such as McDonald’s (onions), Nestle (cocoa), and Starbucks (coffee).
With 2016 sales exceeding S$20 billion (approximately US$15.5 billion) and a 70,000-strong workforce, co-founder and CEO Sunny Verghese says it’s impossible for senior management in Singapore to “oversee systems and structures of the whole company”. The secret of the 28-year-old company’s success and rapid expansion, Verghese explains, is autonomy. Read More
