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Introduction
Procter & Gamble is one of the world’s leading manufacturers of consumer goods,
marketing nearly 300 brands in 160+ countries globally. P&G has one of the
strongest portfolios of trusted, quality, leadership brands, including Pampers,
Ariel, Always, Pantene, Pringles, Olay, Head & Shoulders, Wella and Fine
Fragrances. P&G employs almost 98,000 people in 80 countries, “attracts and
recruits the finest people” and builds its organisation from within, recognising
that its people are its most important asset, and providing them with training and
opportunities to reach their full potential. P&G enjoys consistent growth, more
than doubling profits in the last financial year and generating sales of $57bn.
Executive Summary
The Procter & Gamble company was founded in 1837 in Cincinnati, Ohio by
candle maker William Procter and soap maker James Gamble. In 1930, P&G
established its first overseas subsidiary with the acquisition of Newcastle based
soap manufacturer Thomas Hedley & Co. Ltd. One of the key factors driving the
company’s growth is P&G’s unique organisational structure – one that draws on
the advantages of scale created by the close integration of its global and local
business units. The company employs nearly 98,000 people in 80 countries
around the world. Of these, almost 5,000 people work at 13 sites across the UK
and Ireland, which comprise technical centres and manufacturing locations.
The company’s commitment to delivering reliably year after year, has resulted in
another strong year of broad-based growth in fiscal 2005, generating global sales
of $57bn. Further, the company’s profits practically doubled in fiscal 2005,
reinforcing P&G’s strong performance.
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