Page 46 - Tyrrells Flip Teaching Guide
P. 46

Transformation – Skills


               Transformation of Tyrrells Chips from an idea to a living

               organisation is not an easy task. In the first instance survival

               was an overriding consideration. This was rapidly followed

               by the drive towards stabilisation, and then a drive to

               sustainable growth. Initially, Chase was successful but, with

               growth comes organisational change.


               Mind sets have to be changed, culture shaped and adapted
               and new measures and procedures put in place all of which


               needs to be driven from the top.

               Where initially Chase needed to develop his key people and

               having the right people and expertise in the right place at

               the right time proved more difficult particularly as the

               company grew. As demands increased and the necessity for

               professional management became more obvious Milner

               was drafted in to carry the company forward.


               Contacts


               Contacts for Tyrrells were crucial. Chase knew the supply

               side of the business but on the distribution side he sought

               to build up his network of outlets based on his ethos and

               value chain.


               Relationships: Stakeholders


               Stakeholders exert a tremendous influence over an

               organisation. In the case of Tyrrells Chips, it was forced to
               distribute shareholding in the company to Langholm Capital


               in exchange for funds to grow. The effect of this was to
               dilute Chase’s managerial power and freedom of action.
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