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Business
Week
May 28,
2008
by Michelle
Conlin
A while back, I wrote a story about how some residents in
the tiny, no-stoplight town of McCloud, Ca. had gone up against
the multinational Nestle.
Nestle wanted to build the biggest
water bottling plant in the world in McCloud, a drop-dead
paradise nestled at the base of Mt. Shasta. The spectre
of 600 trucks barreling in and out of town everyday—not to mention a plant
the size of five Wal-Mart supercenters strung together—deeply
troubled many in the town. There were others who supported
the plant who were as equally troubled by the lack of good
jobs in McCloud. (Nestle promised to brings jobs into the
community in exchange for access to McCloud’s pristine,
glacial-fed spring water).
Now comes word that Nestle has decided to radically scale
back the scope of the project by 60 percent.
The company says that it is doing
so for business reasons. Since Nestle began to explore
the project in McCloud five years ago, a company spokesperson
says, our “business
needs have changed. Over that time, the company has built
another plant in Denver and expanded supplies and capacity
at other western sites. In addition, the cost of transportation
and fuel has risen over the same period of time. These factors
combined mean it no longer makes economic sense for the company
to build a facility the size they originally proposed in
McCloud.”
But viewed another way, this
is also cautionary tale for any company. Time was when
multinationals could arrive in economically depressed communities
and pretty much have their way. But in the age of hyper
connectedness, residents in McCloud were able to turn their
issue into an international sensation. Now Nestle has capitulated.
The management lesson: no company can afford to go forward
with projects like these without engaging ALL stakeholders,
not just supporters. Yes, this is David versus Goliath.
But the David’s now have
megaphones. |