Proctor and Gamble
Proctor and Gamble
Proctor and Gamble
Table of Content
Dedication
Aknowlegement
Preface
Executive Summary
Overview
Highlights
Product line(billion dollar brands)
Mission
Purpose
Industry Pioneers
Organization hierarchy
Introduction to P&G
Our history in pakistan
Product Information
Purpose, Values and principal
The power of purpose
Heritage
Core Strength
Global operations
Corporate Structure
Corporate Governance
Social responsibility
External recognition
Board of Directors
DEDICATION
&
Product lines
Billion dollars brand
Beauty Care – 23% of sales
Always, Head & Shoulders
Olay, Pantene, Wella
Fabric & Home Care – 28%
Ariel, Dawn, Downey, Tide
Baby & Family Care – 16%
Bounty, Charmin, Pampers
Health Care – 17%
Actonel, Crest, Oral B
Pet Health & Snacks – 6%
Iams, Pringles
Grooming – 10%
Gillette, Mach 3
Batteries & Electrical Devices
Braun, Duracell
Mission Statement
To provide branded products and services of superior quality and value that
improve the lives of the world’s consumers. As a result, consumers will
reward us with leadership sales, profit, and value creation, allowing our
people, our shareholders, and the communities in which we live and work to
prosper.
Purpose
Industry Pioneers
Customer Business
Development
(CBD)
District North
Manager
District South
(DDM)
Manager
(DDM)
UM
UM
UM
Sheikh shahid
Nadeem
ASO+TSO
ASO+TSO
(10)
(10)
Introduction to P&G
Our History in Pakistan
Product Information
We are committed to providing products of consistently excellent quality and
standards — products that have a positive effect on the lives of the world's
consumers. As we continue to succeed in this aim, we can keep growing as a
marketing community.
All products marketed by Procter & Gamble Pakistan (Pvt) Ltd are fully compliant
with local regulations and laws
Brands
Pampers
Thanks to four decades of research, hard work, and dedication to families across
the globe, Pampers has also been at the forefront of new diaper technology. The
brand has debuted such product features as re-sealable tabs and high stretch to
create convenience and value for mom and great comfort for baby.
Gillette
Gillette has been at the heart of men’s grooming for more than 100 years. Across
the world, everyday men prepare to be their best. Gillette understands that when
men look good, they feel good and they perform well. This means that grooming
plays an increasingly important role in a man’s day.
For many men, shaving is at the heart of the grooming process—the razor is the
key that unlocks their day. But today’s men are looking beyond shaving to skin
care, hair care and body grooming. They are spending more money and time on
grooming and are increasingly seeking information and advice to ensure they have
the best products available to help them look and feel their best.
With the number of men engaging in facial and body grooming on a daily, weekly
or monthly basis, one thing is clear: Men have carved out their own niche in the
beauty industry and they demand products and services tailored to their specific
needs.
Head & Shoulders is the world's #1 dandruff shampoo. It is the only shampoo with
the revolutionary ActiZinc formula that works directly on the scalp, making it
healthy and removing 100% dandruff.
Also the fact that only Head & Shoulders is approved by the renowned P&G
Egham Research Center, England, makes Head & Shoulders your definite choice
for dandruff - beyond doubt!
Pure White
Lemon
Aloe Vera
Vitamin E
Honey
Safeguard and Save The Children launched a new
campaign in Oct 2009 to build sanitation facilities
in 100 Schools in Pakistan in 100 Days
Aerial
Ariel EnzyMax
Original
Jasmine
Always
Always Fresh provides you superior protection with a lasting feeling of freshness
that allows you to live life freely. Always Ultra’s top sheet quickly absorbs
wetness and AGM converts it into gel and locks it inside. Top and bottom surface
stays dry so your clothes don’t stain.
Thick series are conventional pads that provide protection and are bulky in nature
Duracell
Trusted everywhere, Duracell has been meeting the power needs of people
around the world for more than 40 years.
Companies like P&G are a force in the world. Our market capitalization is greater
than the GDP of many countries, and we serve consumers in more than 180
countries. With this stature comes both responsibility and opportunity. Our
responsibility is to be an ethical corporate citizen—but our opportunity is
something far greater, and is embodied in our Purpose.
The simple, inspiring way to think about this opportunity is that P&G brands serve
about four billion of the six and a half billion people on the planet today. Before
P&G can serve the remaining two and a half billion profitably, we can reach them
altruistically. We can improve their lives in ways that enable them to thrive, to
increase their quality of living and, over time, to join the population of consumers
we serve with P&G brands. Through our overall Live, Learn & Thrive™ cause
program, initiatives such as Children’s Safe Drinking Water and Pampers 1 Pack
= 1 Vaccine are examples of how we are improving the lives of millions of people
every day.
Our shared Purpose attracts and unites an extraordinary group of people, P&Gers,
around the world—the most diverse workforce in P&G history. Together, we
represent around 140 nationalities. Our recruiting and development philosophy to
“build from within” fosters a strong culture of trust and shared experiences. Our
diversity, our shared culture and our unified Purpose are the defining elements that
enable P&G to touch lives and improve life every day.
Heritage
In touch
1887
1924
P&G becomes the first company to conduct deliberate, data-based market research
with consumers. This forward-thinking approach enables us to improve consumer
understanding, anticipate consumer needs and respond with products that improve
their everyday life.
2005
In the lead
1961
P&G answers the age-old need to reduce leaks, mess and rashes caused by wetness
of cloth baby diapers by introducing Pampers, the first affordable, successful
disposable diaper. Today, more babies around the globe experience the comfort
and dryness of Pampers than any other diaper brand.
1996
P&G earns the U.S. Government’s National Medal of Technology. The honor
recognizes the Company for creating, developing and applying advanced
technologies to consumer products that have helped improve the quality of life for
billions of consumers worldwide.
1901
King C Gillette patents the KC Gillette Razor, an alternative to the straight razor
that offers men a safe, convenient and inexpensive way to shave. This shaving
breakthrough features a permanent handle and disposable double-edge razor blade.
Gillette joined P&G in 2005.
1952
P&G establishes the Procter & Gamble Fund to coordinate the distribution of
money globally to charitable organizations in communities where we have a
concentration of employees. Today the Fund, through its corporate philanthropy
program Live, Learn and Thrive™, works to improve the lives of more than 50
million children around the world each year.
2006
To address the global crisis of unsafe drinking water, P&G creates the Children’s
Safe Drinking Water program, which uses P&G’s unique PUR water purification
sachets. This program reflects the company’s commitment to doing the right thing
for the long term, and is improving life in some of the poorest countries in the
world.
Core Strengths
P&G focuses on five core strengths required to win in the consumer products
industry. We are designed to lead in each of these areas.
Consumer Understanding
No company in the world has invested more in consumer and market research than
P&G. We interact with more than five million consumers each year in nearly 60
countries around the world. We conduct over 15,000 research studies every year.
We invest more than $350 million a year in consumer understanding. This results
in insights that tell us where the innovation opportunities are and how to serve and
communicate with consumers.
Innovation
P&G is the innovation leader in our industry. Virtually all the organic sales growth
we’ve delivered in the past nine years has come from new brands and new or
improved product innovation. We continually strengthen our innovation capability
and pipeline by investing two times more, on average, than our major competitors.
In addition, we multiply our internal innovation capability with a global network of
innovation partners outside P&G. More than half of all product innovation coming
from P&G today includes at least one major component from an external partner.
The IRI New Product Pacesetter Report ranks the best-selling new products in our
industry in the U.S. every year. Over the past 14 years, P&G has had 114 top 25
Pacesetters—more than our six largest competitors combined. In the last year
alone, P&G had five of the top 10 new product launches in the U.S. and 10 of the
top 25.
Brand-Building
P&G is the brand-building leader of our industry. We’ve built the strongest
portfolio of brands in the industry with 22 billion-dollar brands and 20 half-billion-
dollar brands. Eleven of the billion-dollar brands are the #1 global market share
leaders of their categories. The majority of the balance are #2.
Go-to-Market Capabilities
Scale
Over the decades, we have also established significant scale advantages as a total
company and in individual categories, countries and retail channels. P&G’s scale
advantage is driven as much by knowledge-sharing, common systems and
processes, and best practices as it is by size and scope. These scale benefits enable
us to deliver consistently superior consumer and shareholder value.
*Financial information in this 8-K has been updated to reflect the results of the
global pharmaceuticals business as discontinued operations, consistent with
current presentation. All other material on this page has not been updated to be
consistent with the Company's current presentation of financial results. For up to
date information, please refer to this 8-K filed with the SEC on January 29, 2010.
Global operations
Corporate Structure
Strength in Structure
P&G’s structure has removed many of the traditional overlaps and inefficiencies
that plague many large companies.
Global Business Units (GBUs) focus solely on consumers, brands and
competitors around the world. They are responsible for the innovation
pipeline, profitability and shareholder returns from their businesses.
Market Development Organizations (MDOs) are charged with knowing
consumers and retailers in each market where P&G competes and
integrating the innovations flowing from the GBUs into business plans that
work in each country.
Global Business Services (GBS) utilizes P&G talent and expert partners to
provide best-in-class business support services at the lowest possible costs to
leverage P&G’s scale for a winning advantage.
Lean Corporate Functions ensure ongoing functional innovation and
capability improvement.
We have been utilizing this structure for over a decade, and continue to see faster
global expansion of new innovations, better in-market execution and increased
savings from purchasing scale and outsourcing partnerships.
Corporate Governance
The policies, procedures and practices spelled out in this section demonstrate that
Procter & Gamble takes Corporate Governance very seriously. Our management
acts as long-term investors of the Company because they, like most Procter &
Gamble employees at all levels, are in fact long-term investors.
In 1887, before P&G was even a publicly traded company, William Cooper Procter
introduced a profit-sharing program for employees. At the time he said, “We
should let the employees share in the firm’s earnings. That will give them an
incentive to increase earnings.” He revised that program in 1903 to have the profit
sharing be awarded in the form of actual P&G stock. He reasoned that as
employees became stockholders, their economic interests and those of the
Company would be bound more closely together.
That program still exists today with a large part of each U.S. employee’s retirement
consisting of P&G stock. Additionally, virtually all employees own P&G stock or
stock rights via various investment programs. Because of that fact, employees’
economic interests are aligned to those of the Company.
P&G has a strong history of operating with integrity throughout the Company—at
all levels, in all countries, both internally and externally. Our actions and the
actions of all our employees are governed by our Purpose, Values and Principles.
The basis for every decision we make at P&G can be found in our Purpose, Values
and Principles—our PVPs. The clarity and constancy of the Company’s PVPs is
the one factor above all others that has driven the Company’s growth over
generations. Our commitment to operate responsibly is reflected in the steps we
have in place to ensure rigorous financial discipline and Corporate Governance.
We have an active, capable and diligent Board of Directors that meets the
required standards of independence, with members who understand their
role in providing strong Corporate Governance. Our Audit Committee is
comprised exclusively of independent directors, with significant financial
knowledge and experience. The Audit Committee also meets regularly in
private session with the Company’s independent auditors, Deloitte &
Touche LLP.
We maintain a strong internal control environment. Our rigorous business
process controls include written policies and procedures, segregation of
duties and the careful selection and development of employees. The system
is designed to provide reasonable assurance that transactions are executed as
authorized and appropriately recorded, that assets are safeguarded and that
accounting records are sufficiently reliable to permit the preparation of
financial statements conforming in all material respects with accounting
principles generally accepted in the U.S. We monitor these internal controls
through an ongoing program of audit self-assessment and internal and
external audits.
We maintain disclosure controls and procedures designed to ensure that
information required to be disclosed is recorded, processed, summarized and
reported in a timely and accurate manner. Our Disclosure Committee is
comprised of senior-level executives responsible for evaluating disclosure
implications of significant business activities and events.
We execute financial stewardship by maintaining specific programs and
activities to ensure that employees understand their fiduciary responsibilities
to shareholders. This ongoing effort encompasses financial discipline in
strategic and daily business decisions and brings particular focus to
maintaining accurate financial reporting and effective controls. In addition,
our Global Leadership Council is actively involved in rigorous oversight of
the business.
We reinforce key employee responsibilities through the Company’s
Worldwide Business Conduct, which details management’s and the Board of
Directors’ commitment to conduct the Company’s business affairs with high
ethical standards. Every employee is required to be trained on the
Company’s Worldwide Business Conduct Manual, and every employee is
held personally accountable for compliance. Portions of the Worldwide
Business Conduct Manual comprise P&G’s Code of Ethics for SEC and
New York Stock Exchange Regulatory Purposes, as further described in the
Manual.
P&G’s reputation is earned by our conduct: what we say, what we do, the products
we make, the services we provide and the way we act and treat others. As
conscientious citizens and employees, we want to do what is right. For P&G, and
our global operations, this is the only way to do business.
Social responsibility
At P&G, we believe in giving back to the communities we live in. Corporate social
responsibility is close to P&G’s heart. P&G Pakistan has developed and runs
several initiatives and programs in line with our global cause Live, Learn and
Thrive, aimed at helping improve lives of children in need.
External Recognition
Recognized as one of the 100 Best Companies for Working Mothers and
Top 20 Best Companies for Multicultural Women
Our recruiting efforts target universities all over Pakistan and are aimed at
bringing in people with different leadership and thinking styles. Today, our
organization draws from more than 30 schools and universities.
To stress this goal to our employees, P&G Pakistan has introduced many
initiatives. To avoid defining our diversity objectives too narrowly and
limiting them to percentages and representations of certain groups, P&G
has made tremendous recruiting efforts and has launched programs such as
flexible work arrangements and the day-care center.
At P&G, developing skills in the workplace and nurturing talent are two of
our highest priorities. Since people are our biggest strength, we continually
invest in their development. People are part of the foundation on which we
build and grow our business.
Independent, Web-based training and instructor-led trainings are most effective
when content delivery matches student learning styles. At P&G, knowledgeable
instructors lead courses that correspond to every level of ability. Lifelong learning,
career advancement, certification and personal development are made easy and
convenient by combining industry experience and educational excellence.
At P&G one is faced with new and diverse challenges every single day, where
growth is measured through skills, interests and performance with the opportunity
to work in different countries. The flexible approach and people-first culture
ensure that the strengths of our employees are nurtured and their talents enhanced.
Our training is regarded as the best in the business, where employees rely on an
extensive support network of professionals from across the organization.
Additionally, training programs are tailored to individual needs as well as specific
functions.
Helping our employees continually grow and improve puts us on the fast track to
success. That is why we promote from within and why excellent training is vital to
our mutual improvement.
“The quality of the classes was impressive. The instructors were knowledgeable,
the time was well spent and there was just the right mix of explanations and
practice.” (Zehra Haider, External Relations)
These values drive our six Health, Safety & Environment (HS&E) key
elements, starting with leadership, commitment, behavior observation and
feedback, all of which control performance management. By routinely
assessing the efficacy of our key elements, we effectively achieve HS&E
results and ultimately minimize incidents.
On Oct 26th 2009, a new safety milestone was achieved in accordance with
P&G’s health and safety benchmarks. Our upcoming plant facility at Port
Qasim Authority (PQA) near Karachi, has so far amassed more than
500,000 safe construction hours without recordable injury. This
achievement has been in a period of straight 12 months since the start of
plant construction. This project is raising the bar for construction safety
standards in Pakistan and P&G efforts in the region. This result reflects the
tremendous efforts by the project team and their use of P&G Global
Construction safety experts. Safety is our top priority and the team is
committed to deliver an incident free project in constructing a green field
plant in Pakistan.
The scope of this project has been reviewed with the world renowned
sustainability experts from William McDonough & Partners. Moreover,
the entire plant organization has been already trained on sustainability with
the objective to ensure a sustainability culture from day one. This new
Pakistan manufacturing site is another step towards meeting P&G’s global
sustainable goals and commitment to improving lives now and for
generations to come.
Board of director
Board Composition
The Board of Directors at P&G consists of men and women who are leaders in the
fields of business, government, law, medicine and education.
The Board has general oversight responsibility for the Company’s affairs pursuant
to Ohio’s General Corporation Law, the Company’s Amended Articles of
Incorporation and Code of Regulations and the Board of Directors’ By Laws. In
exercising its fiduciary duties, the Board of Directors represents and acts on behalf
of the Company’s shareholders. Additional details regarding the role and structure
of the Board are contained in the Board’s Corporate Governance Guidelines.
Angela F. Braly
Kenneth I. Chenault
Scott D. Cook
Rajat K. Gupta
Robert A. McDonald
Johnathan A. Rodgers
Director since 2001
Mr. Rodgers is President and Chief Executive Officer of TV One, LLC (media and
communications). He is also a Director of Nike, Inc. Age 63.
Maggie Wilderotter
Patricia A. Woertz
Chair of the Audit Committee and member of the Audit and Governance & Public
Responsibility Committees.
Ernesto Zedillo
Chair of the Governance & Public Responsibility Committee and member of the
Innovation & Technology Committee.