Anheuser-Busch

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  • Culture & Values
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  • Senior Management
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  • Disapproves of CEO

4 people found this helpful  

This is now a financial company that sells beer, plain and simple.

District Sales Manager (Current Employee)

ProsThe free beer is over blown. If you choose to manage up, sell half baked ideas well and cut throats you will succeed. If you are interviewing for the SMT or GMT program; (if you go into Field Sales) I strongly suggest going into analytical, category/space management positions as these jobs are easily transferrable to other companies who pay much more than AB does. Come here for two years and bail. Most of the SMT/GMT kids have already left, but they likely could have better spent their time if they gained experiences in those departments.

If you work in St. Louis: learn to play volleyball and play in the pick up games with the Brazilians. Guaranteed you will get a job you are not qualified for. If outside of St. Louis- manage up, always rent and manage up some more.

ConsA massive culture gap exist that dictates the culture of the company. This seems to be typical in many European and South American countries. Senior level management approaches managing their employees that each of our jobs are a gift and we should be grateful for what we have...grateful for bonus potential that we have yet to hit, no raises, increased work loads due to high turnover (as well as leaving jobs open for long periods of time to save money), watching as colleagues who spent more time managing up than on their contribution to the team get promoted and you will get a good feeling why no one wants to be here.

Sr Mgmt has proven time and time again they are outstanding at cutting cost but incapable of growing share. This will prove true moving forward as taking too aggressive price increases the last 5 years have created a hole too deep to dig out of. For the last three years they have stepped over dimes to pick up pennies focusing on growing high share (a category with no consumer loyalty) over their core consumer (premium and subpremium). Due to pressure from Wall Street, the company is now forced to grow share and stop losing volume.

Expect the company to make impulse, cost cutting decisions to hit Wall Street financial goals to salvage not meeting share targets that destroy any chance of you hitting your goals and making bonus due to Sr Mgmt's inability to grow share. Just not in their DNA.

There is zero perspective for balance of work/personal life. Morale is very low and any cheering, clapping is largely due to enforced enthusiasm that 90% of employees roll their eyes at. Brazilians came in promoting that it was going to be a true meritocracy for promotions replacing frat house politics but this birthed a new cut throat, brown nose culture only where the best lap dogs get taken care of.

Advice to Senior ManagementI candidly think that the people who are capable of improving this company are so burned out (and on their way out) or have left that it is too late. The very best "beer men/women" of this company have been so soul crushed by the company, working for AB is just a paycheck. A major departure from the previous culture. This is now a financial company that sells beer, plain and simple. As it has been said by many: this company loves making money, not sharing it.

I've sold all my company stock as it hit 110 (over valued) and I believe many of the smart analysts are realizing they must grow share now- and am not capable of it. The attempts of spending large amounts of money behind half baked ideas to buy share will come to light sooner rather than later. Blame will initially shift to everyone outside of St. Louis until someone asks the intelligent question of, "Did we ask anyone with field experience if this would work before we rolled out (insert Heavy Trade Program)?". Staffing teams full of people with little to no experience has its repercussions.

Lastly, for a company that promotes acting like owners, I'd ask the justification of opening an office in Miami that clearly isn't intended for Sr Mgmt entertainment write offs at a "Role Model" level. In the old company, mgmt was a bit more coy with strip club visits and golf club memberships. Sure everyone associated with it is either a 4a or 4b.

It will still be a solid stock but I foresee very volatile ups/downs ahead.

No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    The end of an era - the last of the American dream companies.

    Account Executive (Former Employee) Charlotte, NC

    I worked at Anheuser-Busch full-time for more than 5 years

    Pros: Before the takeover, at A-B you knew you were a part of an iconic, historic company. I am still proud I worked there -… Cons: As a woman I was devalued and paid much less. Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Manipulative, Lack of Common Sense...Only the Young Survive

    Anonymous Employee (Former Employee)

    I worked at Anheuser-Busch full-time for more than a year

    Pros: Casual work environment, little accountability, free beer once a month. Cons: All while preaching "One team, one dream", they will deceive and manipulate. I know of several people who were pushed out of their job or… Advice to Senior Management: If you want to stay in business and not over taken by your competition, actually pay attention the local market...not everyone will buy Budweiser and… No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company… More

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