The document summarizes the evolution of Diageo's brand asset management program over time. It began in 2002 with the goal of centralizing management of assets across Diageo's 200+ brands in 180 countries. This included establishing legal terms, an internal asset library called SmartLibrary in 2005, and developing the SmartBrand portal with technology partner VYRE to improve access, approvals, and cost savings. The program required investment but achieved measurable financial benefits through reduced duplication and distribution costs while improving consistency, efficiency, and intellectual property management.