COMPANY OVERVIEW
With over $83 billion in sales across the world in 2008 and 24 brands
with $1 billion of sales each,P&G is a global giant for household and
personal goods. P&G divides its business into three Global Business
Units:BEAUTY:
The Beauty GBU includes all hair and skin products, medications,
razors, electric shavers, and batteries. Proctor & Gamble's global
market share in blades and razors is 70%, primarily centered around
its Mach3, Fusion, Venus, and Gillette brands.
HOUSEHOLD CARE:
The Household Care GBU manufactures a wide range of products
from snack food to laundry detergent to diapers. The company's
baby care market share in 2008 was 29%.
Procter & Gamble Co. was the world's top advertiser in 2007,
spending almost $9.4 billion worldwide. The company outspent its
largest competitor, Unilever, the second-highest advertiser, by
almost two-to-one (Unilever spent $5.2 billion).
ADVERTISING:
According to the Nielsen Company, in 2007 P&G spent more on
U.S. advertising than any other company; the $2.62 billion spent
by P&G is almost twice as much as that spent by General Motors,
the next company on the Nielsen list. P&G was named 2008
Advertiser of the Year by Cannes International Advertising
Festival.
P&G BRANDS:
Ariel is a brand of laundry detergent/liquid available in
numerous forms and scents.
Actonel is a brand of the osteoporosis drug risedronate comarketed by Sanofi-Aventis. Bounty is a brand of paper towel
sold in the United States, Canada, and the United Kingdom
(rebranded to "Plenty" in the UK after being sold to SCA
Svenska Cellulosa Aktiebolaget).
Ivory is a soap.
TRAINING OPPORTUNITIES:
We Share P&Gs Purpose and Values.
Our Purpose, Values and Principles are the foundation on which we develop
leaders at P&G. Our shared Purposeimproving the lives of the worlds
consumersin addition to our Valuestrust, integrity, ownership, leadership and
passion for winningunify us as we collaborate as a team internally and
compete to win externally.
We Hire the Best.
Nearly a half-million people apply for P&G jobs every year. We hire less than 1%.
We attract top talent because of P&Gs reputation as a great company for
leaders, and we identify the best applicants by using a proven recruiting process
that measures intelligence, assesses character and leadership, and predicts
success at P&G.
Line business leaders are accountable and involved at every step of the process.
This starts at the top. Our Chief Executive Officer, Vice Chairs, Presidents and
Functional Officers recruit on college campuses and teach in our executive
education programs. These senior executives also act as mentors and coaches
for younger managers, helping them develop the skills necessary to lead large
businesses and organizations.
We Plan Careers.
We create opportunities for careers at P&G, not just jobs. One way we do this is
by managing P&G talent globallystarting at mid-levels of management and
higherto enable career development and growth across businesses and
geographies. We identify talent early and groom people through a series of
varied and enriching assignments that will prepare them for future roles. The
CEO and Vice Chairs meet monthly to plan senior management assignments.
Business presidents meet as a talent-development team once per quarter. And
the Board of Directors reviews P&Gs talent pipeline once a year.
We Never Stop Learning.
LEADERSHIP DEVELOPMENT:
Very few companies receive such highly consistent recognition for their leadership
development efforts. P&Gs approach to leadership development is unique and is
consistently recognized as among the very best, because:
1. Leadership development is a business strategy at P&G.
2. We build from within, and therefore, invest in getting the best talent at entry
level.
3. We identify a global, diverse mix of talent and develop them through early
responsibility and challenging assignments.
4. We leverage the scale of our organization structure to provide opportunities for
leaders to grow by increasing their breadth of experience and depth of expertise -across categories, geographies, functions and markets.
5. We use end-to-end integrated people and career development systems and a
proven approach to develop employees through experiences, on-the-job training
and coaching.
6. We expect managers to build the organization in addition to building the
business, so leaders at every level actively recruit, teach, mentor and coach.
7. We nurture a culture that fosters employee development, while enabling
employees to be responsible for their own continual learning and personal growth.
Each of these capabilities honors and further strengthens P&Gs competitive
position as an Employer of Choice. These reflect not only the quality of P&Gs
leadership development programs, but also the caliber of P&G people at every
level and in every part of our organization