Britain's Most Admired No. 9: Diageo, Paul Walsh

Diageo has lost its crown as Britain's Most Admired Company, dropping from first to ninth position. Paul Walsh, at the drinks company for more than nine years, led the company through the great times; now he faces the tough times. Sales at Diageo are flat at £9.3bn, so cost-cutting is top priority. More than 900 jobs will be lost at the maker of Guinness, Smirnoff and Johnnie Walker, news that went down with the workforce like a luke-warm pint of the black stuff.

Last Updated: 09 Oct 2013


Find this article useful?

Get more great articles like this in your inbox every lunchtime

Want to encourage more female leaders? Openly highlight their achievements

A study shows that publicly praising women not only increases their willingness to lead, their...

Message to Davos: Don't blame lack of trust on 'society'

The reason people don't trust you is probably much closer to home, says public relations...

Dame Cilla Snowball: Life after being CEO

One year on from stepping back as boss of Britain's largest advertising agency, Dame Cilla...

How to change people's minds when they refuse to listen

Research into climate change deniers shows how behavioural science can break down intransigence.

"Paying women equally would cripple our economy"

The brutal fact: underpaid women sustain British business, says HR chief Helen Jamieson.

Why you're terrible at recruitment (and can AI help?)

The short version is you're full of biases and your hiring processes are badly designed....