Procter & Gamble’s radical strategy of open innovation now produces more than 35% of the company’s innovations and billions of dollars in revenue. CONNECT AND DEVELOP INSIDE PROCTER & GAMBLE’S NEW MODEL FOR INNOVATION by Larry Huston and Nabil Sakkab P 58 NICK LOWNDES rocter & Gamble launched a new line of Pringles potato crisps in 2004 with pictures and words – trivia questions‚ animal facts‚ jokes – printed on each crisp. They were an immediate hit. In the old days‚ it might have taken us two
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at large Pumas are large‚ cat-like animals which are found in America. When reports came into London Zoo that a wild puma had been spotted forty-five miles south of London‚ they were not taken seriously. However‚ as the evidence began to accumulate‚ experts from the Zoo felt obliged to investigate‚ for the descriptions given by people who claimed to have seen the puma were extraordinarily similar. /The hunt for the puma began in a small village where a woman picking blackberries saw ’a large cat’
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product/service. Today more than ever‚ managers/SC must manage returns. Managing the return function is extremely important now. SCOR model – supply chain operations reference model. How businesses do business. Projects and processes. Improve processes of projects. Can you have a perfect process? Should you always strive for perfection? NO – it’s too costly. Cost/Benefit analysis. Never do business with friends or family. Cost/Benefit analysis cost is high and benefit is very low (extremely). Case
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1) WHY? Brief Background on Merck & Co. Performance Appraisal System The past and existing performance appraisal of Merck & Co. was ineffective to identify and reward performance to a certain extent. Although the company was paying their employees around seven to eight percent more than the average compensation in other large companies‚ the performance appraisal system did not clearly identified outstanding performance‚ which caused inequity in rewarding performance and led to unhappiness
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DISCRIMINATION AT LARGE Jennifer A. Coleman is a discrimination and civil rights lawyer and a constitutional law teacher. Her essay “Discrimination At Large”‚ printed in 1993 in Newsweek‚ is about stereotyping overweight people‚ “that makes heavy people the objects of ridicule and contempt”. She says‚ that “fat people are lampooned without remorse or apology on television‚ by newspaper columnists‚ in cartoons”. Since Jennifer was a kid‚ she has gotten the comments about her looks‚ that she is
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Merck and Company‚ Inc.: SWOT Analysis and Stakeholder Evaluation Merck and Company‚ Inc.‚ a.k.a. Merck‚ is a leading worldwide pharmaceutical company that engages in manufacturing and marketing medicines‚ animal products‚ vaccines‚ and consumer health products. As most companies‚ Merck desires to continue their success as one of the top health care innovators in the world. Conducting a SWOT analysis can give them insight into internal strengths and weaknesses as well as external opportunities
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Audit Quality and Cost of Debt Capital for Private Firms: Evidence from Finland Jukka Karjalainen Department of Business University of Eastern Finland April 10‚ 2010 Abstract The purpose of this paper is to examine the value relevance of the perceived audit quality in terms of who audits‚ as well as the audit outcomes in terms of the auditor’s opinion and accruals quality‚ in the pricing of debt capital for privately-held firms by examining a large sample of privately-held Finnish firms. The
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HUMAN AND SOCIAL CAPITAL BY: JOSEPH KIOKO REG. NO: D80/61281/2011 DATE: 05/06/2013 LECTURER: PROF. P. O. K’OBONYO Introduction and Definitions: Human capital is defined by the OECD (1998‚ p9) as “the knowledge‚ skills and competences and other attributes embodied in individuals that are relevant to economic activity.” While Duration of schooling and levels of qualification are the standard measures used to measure human capital the OECD itself
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Understanding corporate value: managing and reporting intellectual capital Intellectual capital Contents 1 Introduction 4 2 Definitions of intellectual capital 6 2.1 2.2 Classifications of intellectual capital Why is intellectual capital so difficult to measure? 3 IC measurement 8 Generic models 3.1 Balanced scorecard 3.2 Performance prism 3.3 Knowledge assets map approach Individual company models 3.4 The Skandia navigator 3.5 Ericsson’s cockpit communicator
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CAPITAL BUDGETING AT RELIANCE CAPITAL Specialization: Finance Under the Guidance of: Submitted By: Mr. Debashish Chaudary Prarthana Bajaj Mrs. Archana Singh Nupur Singhal Utsav Goel Taruna Bhadana Arjun
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