date:Sep 21, 2012
m, but in the long-term someone else will come along and make your product cheaper and you wont have a business anymore.
He said PepsiCo was continuing to innovate and was instead focussing on increasing productivity to improve financial performance.
Big hole
If you say in a time of recession that you should start firing people in RD, you are left with a big hole later on. Productivity is a key part of our agenda, instead, he added.
He said RD had helped PepsiCo have success in recent years