Dear Client:In 1989 Brazil's Brahma Brewery recruited Harvard grad and Brazilian native, Marcel Telles, to join the board of directors and help turn around the company. "In the ensuing ten years, he turned the ailing Brahma, the largest beer company in Brazil, into a lean operation," writes Bloomberg in a 2001 report. Marcel "cut the workforce by more than half, raised productivity sevenfold and lifted EBITDA eightfold, to $505 million on revenue of $1.8 billion, in 1999."THE BEGINNING. After a
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