Entity Dossier
entity

Kinder

Strategic Concepts & Mechanics

Signature MoveMrs. Valeria Is the Real CEO
Identity & CultureSixteen Commandments for Human Leadership
Operating PrincipleRetire Into the Laboratory Never the Boardroom
Competitive AdvantageDis Lu a Niun — Stealth as Strategy
Cornerstone MoveScarcity Into Sweet: Substitute Until You Win
Competitive AdvantageRaw Material Obsession to the Altitude
Signature MoveFamily Treasury, Never the Stock Exchange
Risk DoctrineSow Wisely, Accept Magpie Losses
Signature MoveIncognito in the Supermarket Aisle
Cornerstone MoveDiscover the Latent Desire, Then Invent the Category
Strategic PatternChildren's Hearts Win Mothers' Wallets
Cornerstone MoveBuild the Machine Nobody Can Copy
Identity & CultureMissionary Over Mercenary Entrepreneur
Signature MoveNo Party Without Ferrero
Operating PrincipleDeseasonalize the Product Calendar
Signature MoveSeventy Tastings Before Daylight

Primary Evidence

"He is Michele Ferrero, the Italian genius of 'making,' the inventor of hugely successful products such as Nutella, Kinder, Ferrero Rocher, Mon Chéri, Estathé, Fiesta, and Tic Tac: products that have become familiar brands recognized in every corner of the planet, thanks to which the Group bearing his name grew from a thousand employees in the fifties to four thousand in the sixties, to then rise to ten thousand in 1990, up to the current 41,441 worldwide."

Source:Michele Ferrero

"Today, Kinder is a company within a company. We owe Salice additional details on the origin of the Kinder Division: "It was a new category of chocolate, able to reassure mothers for its high percentage of milk and for its portioning, but also capable of satisfying the sweet tooth and the desire for tasty treats of the youngsters. The idea of Kinder Chocolate arose during a visit by Michele Ferrero, incognito as he liked to do, to the sales points in Frankfurt. In front of the chocolate bar section, he asked some colleagues – and therefore first himself – how to enter the chocolate bar market. The answer he gave was a chocolate bar specialized for children, not whole, but divided into many bars, each individually wrapped. Because it is portion-controlled, Kinder Chocolate can be regulated by the mother according to the various needs of the moment. Even if the mother gives the child only one bar, she does not give him a piece of chocolate, but a finished portion, and the child is happy. The presence of the cardboard box gives a particular elegance to the product."

Source:Michele Ferrero

Appears In Volumes