Entity Dossier
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Marcel Telles

Strategic Concepts & Mechanics

Signature MoveIverson: Four Layers Max, Then Stop Building Hierarchy
Cornerstone MoveIncentives as Architecture, Not Decoration
Strategic PatternStay Half a Step Ahead, Not a Mile
Capital StrategyCash Reinvested for Domination Not Dividends
Cornerstone MoveDominate One Small Thing Before Growing
Signature MoveSchwab: Split Half the Profit and Watch It Multiply
Risk DoctrineTen-Million-Dollar Education, Not Termination
Signature MoveLemann's 3G: Buy the Brewer, Install the Meritocracy
Signature MovePatterson: Educate the Customer Into Needing You
Cornerstone MoveDecentralize Everything Except Culture
Signature MovePrice: Lowest Price as Moral Crusade, Not Marketing Tactic
Risk DoctrineCalculated Bullets Before Cannonballs
Competitive AdvantageCulture as the Only Uncopiable Moat
Signature MoveKelleher: Distill Strategy to Doing, Not Planning
Cornerstone MovePromote From the Ranks, Never Import Generals
Identity & CulturePermanent Dissatisfaction as Fuel
Identity & CultureDream Replaces Mission Statement
Cornerstone MoveTalent Factory as Acquisition Currency
Capital StrategyBonus Pool Tied to EVA, Not Revenue
Cornerstone MoveBuy Beloved Brands Run by Nobody
Signature MoveOwners Recruit, Not HR Drones
Signature MoveBottom 10% Shaved Every Year Forever
Risk DoctrineType IV Leader Purge Despite Results
Cornerstone MoveExit Banking, Enter Boring Forever
Signature MoveFire the Rebellious on Day One
Signature MoveOpen Floor, No Offices for Anyone
Strategic PatternHoshin Kanri Goal Cascade to Factory Floor
Cornerstone MoveLeak the Offer to Shame the Board
Signature MovePeople Chess Not Performance Reviews
Decision FrameworkFive Whys to Kill Surface Excuses
Operating PrincipleComfort-Zone Rotation as Growth Engine

Primary Evidence

"Cristiane Correa, Dream Big: How the Brazilian Trio behind 3G Capital —Jorge Paulo Lemann, Marcel Telles, and Beto Sicupira —Acquired Anheuser-Busch, Burger King and Heinz, (Rio de Janeiro: Sextante,"

Source:Intelligent Fanatics Project

"Marcel Telles, interview at FALCONI Movement 2014, accessed June 26, 2016, https://www.youtube.com/watch?v=mzcHVpbHIZo"

Source:Intelligent Fanatics Project

"“Great Leaders: Marcel Telles,” part 5, accessed June 26, 2016, https://www.youtube.com/watch?v=UOYXkdpvOEQ"

Source:Intelligent Fanatics Project

"According to Marcel Telles, an employee mustn’t have more than five goals, which ensures focus and accountability. What usually happens is that administrative employees tend to three to four SMART goals and one or two projects. Goals can also be weighted according to their relative importance to the company."

Source:The 3g Way

"the trio believes their only really sustainable competitive advantage is their management style, they sought to chase growth by purchasing “mature businesses, with pulverized (and/or weak) ownership, strong, recognized brands and poor management,” where “external and internal owners could make a difference,” in the words of Marcel Telles. Acquisitions supplied top-line growth, and management turnaround supplied earnings growth, a combination that pleased ambitious employees and shareholders alike. Acquisitions enabled Antarctica—then AmBev and finally InBev—to export talented individuals to a number of M&A-created positions (the Brazilians secretly pride themselves in having “taken over” much of AB InBev’s management structure) around the globe. That is…"

Source:The 3g Way

"Jorge Paulo Lemann, Marcel Telles, Beto Sicupira, and their executives talk tirelessly about dreaming big: “always dream big. Big dreams and small dreams take the same effort,” Lemann says."

Source:The 3g Way

"We always nurtured a colossal pipeline of brilliant, ambitious, entrepreneurial people. - Marcel Telles, Endeavor CEO Summit We hire people with the potential to be better than we are, ensure that our leaders engage them fully, and challenge them to perform at their best. At the same time, we invest heavily in attracting the best people, developing their potential, and enriching their opportunities through a range of programs and initiatives. We have continued to refine and enhance our talent recruitment, learning and development initiatives to build a…"

Source:The 3g Way

"Foreword on People A company’s biggest asset is good people working as a team, growing in proportion to their talent and being recognized for that. Employee compensation has to be aligned with shareholders’ interests.  The 18 Commandments Our commitment to recruiting, training, and retaining our best people is a key element of our strategic initiatives. We know the AmBev People are our greatest competitive advantage. AmBev’s 2003 Annual Report We’re a one-trick-pony: our trick is to leverage people. That’s what we know how to do. Find people that have talent, a spark in their eyes, and a desire to grow, and open up their path, to help them get ahead. Marcel Telles"

Source:The 3g Way

Appears In Volumes