Nestle, already the largest food company in the world, is searching for new ways to grow in emerging and developed markets. What is Nestle's secret? Acquisitions, innovations, portfolio management, long-term thinking and, perhaps most importantly, decentralizing its management structure have brought the company to where it is today. However, growth has also brought social criticism on issues such as widespread obesity. Nestle has been in Asia for more than a century, and it intends to stay here for many more.