Building Premium Brands Through Family Values | Scott Northcutt, Bacardi
FEB 12, 202530 MIN
Building Premium Brands Through Family Values | Scott Northcutt, Bacardi
FEB 12, 202530 MIN
Description
In this episode of Beyond the Bottom Line, Bert Miller sits down with Scott Northcutt, Senior Vice President of HR at Bacardi, who shares his 15+ year journey helping build one of the world's most iconic spirit portfolios while maintaining its family-owned culture.Scott reveals how Bacardi, still completely family-owned, uses the original 1862 yeast strain and keeps its recipe under lock and key - known only to two people. Learn how this commitment to quality drives everything from innovation to talent development.š” QUOTABLE MOMENTS: "Quality is personal to the family. If something isn't right with that profile, we will destroy the whole thing rather than ship something that doesn't meet our standards." - Scott NorthcuttEPISODE HIGHLIGHTS:Ā 00:00 - Introduction & WelcomeĀ 00:07 - Changing Consumer Behaviors Post-2020Ā 02:28 - Innovation in Non-Alcoholic BeveragesĀ 04:35 - Bacardi's Mission: Making Moments MatterĀ 06:52 - Premium Brand Portfolio ManagementĀ 09:01 - Building Performance CultureĀ 13:24 - Leadership Development ProgramsĀ 15:30 - Creating High-Performance TeamsĀ 17:33 - Communication StrategiesĀ 19:30 - Future Vision & Industry Trendsš KEY INSIGHTS:How Bacardi maintains quality while innovating for new consumer trendsThe unique approach to managing premium brands like Grey Goose, Patron, and Angels Envy.Building a performance culture while preserving family valuesLeadership development strategies including Harvard Business School partnershipImplementing radical candor in a family-oriented businessš¼ ABOUT SCOTT NORTHCUTT: With over 15 years at Bacardi, Scott has been instrumental in developing the company's talent strategy and cultural evolution while maintaining its family-owned values and premium brand positioning.š CONNECT WITH US:Ā āŗ Subscribe to Beyond the Bottom Line: https://podcasts.apple.com/us/podcast/beyond-the-bottom-line-with-bert-miller/id1542810489āŗ Follow Bert Miller: https://www.linkedin.com/in/bertmiller/āŗ Visit Protis Global: www.protisglobal.comāŗ Connect with Scott: https://www.linkedin.com/in/scott-northcutt-838315125/#BeyondTheBottomLine #Leadership #Bacardi #SpiritsIndustry #FamilyBusiness #Innovation #CorporateCulture #PremiumBrands #TalentDevelopment