bring industry-leading supply chain management and the intellectual capital of our people to retail partnerships. We have higher-than-average market shares at our top global retailers. As big customers grow‚ P&G’s overall market share grows.” A.G. Lafley‚ P&G CEO 3 How P&G Leverages Its Scale In Ways That Competitors Don’t Fully Appreciate 1 Leveraging scale with the retail trade These are programs that have a high perceived value to the retailer and reinforce P&G’s competitive advantages
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Case Study Questions (1) What is Procter & Gamble’s business strategy? What is the relationship of collaboration and innovation to that business strategy? Procter & Gamble uses “distributed development” as part of their global model. This model allows for the adaptation in a set of tools and practices that fit an organization’s needs. This can range from project management procedures to specific chain of tools used by company’s development team. P&G shares the model for increased communications
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March 8‚ 2007‚ from EBSCOhost database. Greenwood‚ R. G. (1981). Management by objectives: As developed by Peter Drucker‚ assisted by Harold Smiddy. _Academy of Management Review‚ 6_(2)‚ 225-230. Retrieved March 8‚ 2007‚ from EBSCO host database. Lafley‚ A. G. (2007). What Drucker taught me. _Leadership Excellence_‚ 24(1)‚ p. 7. Retrieved March 6‚ 2007‚ from ProQuest database. Maciariello‚ J. (2005). Peter F. Drucker on a functioning society. _Leader to Leader_‚ 2005(37)‚ 26-34. Retrieved March 7
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Knapp‚ D Koons‚ 2010. ‘David Jones CEO Quits Over Behaviour’ in L. Piggott (ed.)‚ ECOF1003 Understanding Business‚ 2011‚ University of Sydney‚ Sydney. Korporaal‚ G. 2011‚ ‘A Tough Initiation’‚ The Australian‚ 15 April‚ viewed 30 May 2011‚ Kotter‚ J Lafley‚ A. G. 2009‚ ‘What Only the CEO Can Do’‚ Harvard Business Review‚ vol. 87‚ no. 5‚ pp. 54-62‚ viewed 21 May 2011‚ Business Source Premier. Lee‚ J. 2010‚ ‘Quick action by DJs board likely to minimise damage’‚ Sydney Morning Herald‚ 19 June‚ viewed 30
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continuing to invest in GBS was the best use of the company’s resources. A. G. Lafley‚ chairman and CEO‚ saw the decision as one about strategic focus: “We’re a development and commercialization company. That’s really what we do. We develop and commercialize brands and products. So we need to evaluate networking or partnering everything that is required to support a development and commercialization [kind of] company.” Lafley and other top executives were pleased with the cost savings and efficiencies
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Look in your medicine cabinet. No matter where you live in the world‚ odds are that you’ll find many Procter & Gamble products that you use every day. P&G is the largest manufacturer of consumer products in the world‚ and one of the top 10 largest companies in the world by market capitalization. The company is known for its successful brands‚ as well as its ability to develop new brands and maintain its brands’ popularity with unique business innovations. Popular P&G brands include Pampers‚ Tide
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Leadership Factories Companies differ markedly in their ability to produce future leaders‚ as several recent analyses or former employee becoming CEO of the 1‚187 largest publicly traded U.S. companies revealed. Among the CEOs in one study‚ a remarkable total of 26 once worked at General Electric (GE). However‚ as the following table shows‚ on a per employee basis‚ that ability earns GE only tenth place in terms of the likelihood of a current or former employee becoming CEO of a large company
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plumped down as the result. In order to revitalize the company ‚ the Jager is appointed to be the leader who finally turnaround the company in attempt under his “Organization 2005”. However‚ his approach totally put the whole company in danger. Lafley ‚as a result ‚ replaced Jager as CEO to carry “Organization 2005” for beginning of new
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focuses upon one such prospector organisation - Procter & Gamble. It shows how building an innovative culture has enabled the company to meet wider business objectives and maintain its competitive advantage in a rapidly changing market place. AG Lafley‚ the President and Chief Executive of Procter & Gamble‚ outlined the importance of innovation to the company. He would like to develop a business in which ‘big ideas attract the capital and talent they need’ and points to the innovation equation:
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The Game Changer MiaLissa Tompkins ELM8102 Dr. Bartletson Spring 10’ According to Lafley and Charan’s Game-changer essay‚ Procter and Gamble was a company that made a major impact on the way that businesses offered products to its customers by actually considering the wants‚ needs‚ and desires of their clients. By doing market research this forever changed the goods and services industry. Proctor and Gamble considered identifying their customer as the “WHO” and getting to know the
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