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.