SUMMARY CEO Statement October 2007 marks the 170th year P&G has been in business. We’ve sustained our Company’s growth over such a long period of time by staying focused on P&G’s Purpose: improving consumers’ lives in small but meaningful ways every day. Our commitment to Sustainable Development‚ which we define as “ensuring a better quality of life for everyone‚ now and for generations to come‚” is an important part of how we fulfill P&G’s Purpose. We have a long heritage as a Sustainability
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Colgate’s ‘Simply White’ posed a threat to P&G’s dominant market share in the over- the-counter teeth whitening product category. Colgate emphasized that its product bleached teeth as effectively as P&G’s Crest Whitestrips and priced it at a significant 65% lower than Whitestrips which allowed it to gain almost 50% market share. Although concept tests done by P&G indicated that consumers perceived both products to be equal in terms of whitening levels‚ P&G’s internal scientific data suggested that
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Summary Procter & Gamble (P&G) is a world-leading producer of consumer goods. Today‚ it consists of over 20 million dollar brands (like Gillette) and operates in 42 countries (Wikipedia‚ 2012). The company has achieved success by creating high quality brand recognized products that are sold on multinational level. It has found the necessary efficiencies to be able to satisfy its consumers better than the competition. Despite its success‚ the future of P&G as an industry leader will
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pre-1990’s era P&G found their international expansion through the use of a localization strategy. They did develop many of their products in Cincinnati‚ but they relied on their semi-autonomous subsidiaries to manufacture‚ market and customize many of their products for the local markets their served. This model started to show signs of strain when many of the trade barriers that existed‚ specifically between European countries were lifted. This created an increase in competition‚ and for P&G exposed
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Designed to Lead 2009 Annual Report Contents A.G. Lafley Letter to Shareholders Bob McDonald Letter to Shareholders Touching Lives P&G Brands — Designed to Be Leaders Billion- and Half-Billion Dollar Brands Improving Life P&G Leaders — Built from Within Corporate Officers Board of Directors P&G at a Glance Financial Contents Shareholder Information 11-Year Financial Summary 1 5 8 10 12 16 18 24 25 26 27 72 73 Financial Highlights FINANCIAL SUMMARY (UNAUDITED) Amounts in millions‚ except
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About the Consumer Products Industry Nondurable consumer products or consumables companies develop and manufacture a variety of household items that have a limited life span‚ usually three years or less. The industry can be segmented into household products and personal care products. Household products include: soaps and other detergents‚ such as laundry detergents and bleaches; polishes and sanitation goods; and other cleansing agents. Personal care products consist of : personal cleaning
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dropped from 43.5to 41.6(%). The penetration rate of P&G in year 2011 decreased by 8.3% compared with that in 2010‚ and continued a downside trend by the first quarter of 2012 by 7.5%. Compared with BIC‚ who increased 5.8 % penetration in 2011 followed by a 10.9% drop by 1st quarter of 2012‚ ENEGIZER first 1.8% drop followed by a continuous 9.8% drop‚ and other retailed brand which decreased by 9.9% followed by another downturn of 9%‚ P&G in its B&R area did not do well in gaining potential
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Question 1 : What are firm’s most important external opportunities and threats? External opportunities and threats are events and trends that are beyond the control of the organization. It can be divided into five broad categories which are economic forces; social‚ cultural‚ demographic‚ and natural environment forces; political‚ governmental‚ and legal forces; technological forces; as well as competitive forces. From this article‚ there are some external opportunities that can be pointed. One
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Background – The evolution of P&G Pampers | The Pampers Diaper‚ an invention that has revolutionized child care‚ was first invented by Victor Mills‚ an American chemical engineer working for the Procter & Gamble Co. Since conception‚ Pampers have ensured constant innovation to meet the child care needs of the changing era. Hence‚ diapers have undergone several design changes. The early diapers were bulky‚ heavy and required the use of pins to hold it in place. This is in contrast with
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Taken together‚ our Purpose‚ Values and Principles are the foundation for P&G’s unique culture. Throughout our 174-year history‚ our business has grown and evolved while these elements have endured‚ and will continue to be passed down to generations of P&G people to come. Our Purpose unifies us in a common cause and growth strategy of improving more consumers’ lives in small but meaningful ways each day. It inspires P&G people to make a positive contribution every day. Our Values reflect
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