Overview:
A global company that produces a wide variety of products, from razors, to baby products and cleaning supplies. They market their products in over 180 countries. They are an American multinational consumer goods company headquartered in downtown Cincinnati, Ohio, founded by William Procter and James Gamble, both from the United Kingdom. In 2014, P&G recorded $83.1 billion in sales. On 1 August 2014, P&G announced it was streamlining the company, dropping around 100 brands and concentrating on the remaining 80 brands, which produced 95 percent of the company's profits. Current CEO: A.G. Lafley. Been around for nearly 175 years
History:
· Founded by William Procter and James Gamble in 1837.
· Originally was a candle and soap company, based in Cincinnati Ohio
· Are brother-in-laws because they married two sisters (Olivia and Elizabeth Norris)
· Reached 1 million dollars by 1859
· June 2000, A.G. Lafley became CEO
· 2005 P&G merged with the Gillette Company
Locations:
· Locations in over 70 countries
· There work is carried out in General Offices, Plants, Business and Technical Centers, and Customer Business Centers all over the U.S.
· Actual products are in stores everywhere
Culture and Environment:
· Known for being culturally diverse and ethnic within their company.
· Flexible with positions
· Travel
· Bad side to this work environment is long hours
Values:
· Integrity
· Leadership
· Ownership
· Passion for Winning
· Trust
Growth and Stability:
· P&G currently has 5 departments of brands
· 1. Beauty
· 2. Grooming
· 3. Healthcare
· 4. Fabric care and home care
· 5. Baby and family care
· 26 of their brands have more than a billion dollars in net sales according to the 2011Annual Report
Caveats:
· Lawsuit with Bankers Trust
· Questions with P&G stock market
· This is directly from here http://investorplace.com/2013/05/should-i-buy-pg-3-pros-3-cons-2/#.VEb_kfldWSo
-Procter & Gamble has paid a dividend for over 120 consecutive years and the past 57 years has increased that payout. At this point, the yield’s an attractive 3%. To top it off, P&G has also been aggressive with share buybacks. In the fiscal year-to-date, repurchases have come to $5 billion. Plus, over the past decade, PG has returned $98 billion to shareholders in dividends and buybacks — over 90% of net earnings.
Reputation:
· Specific brands have contributed to the company reputation.
· Tide Pods was named 2012 most memorable product launches
· Has been ranked in the top spots as a most admired brand by Fortune
· They are known for fostering innovation nurture talent and gain customer trust and loyalty
Competitors:
· Johnson and Johnson
· Kimberly-Clark Corporation
· Unilever
Investments:
· Save the Children: since 1995, P&G has contributed financial donations, health and hygiene capabilities, and products from Safeguard and Always.
· The P&G Children’s Safe Drinking Water Program
· Habitat for Humanity
· Downy Touch of Comfort
· Pampers Vaccination Program
A global company that produces a wide variety of products, from razors, to baby products and cleaning supplies. They market their products in over 180 countries. They are an American multinational consumer goods company headquartered in downtown Cincinnati, Ohio, founded by William Procter and James Gamble, both from the United Kingdom. In 2014, P&G recorded $83.1 billion in sales. On 1 August 2014, P&G announced it was streamlining the company, dropping around 100 brands and concentrating on the remaining 80 brands, which produced 95 percent of the company's profits. Current CEO: A.G. Lafley. Been around for nearly 175 years
History:
· Founded by William Procter and James Gamble in 1837.
· Originally was a candle and soap company, based in Cincinnati Ohio
· Are brother-in-laws because they married two sisters (Olivia and Elizabeth Norris)
· Reached 1 million dollars by 1859
· June 2000, A.G. Lafley became CEO
· 2005 P&G merged with the Gillette Company
Locations:
· Locations in over 70 countries
· There work is carried out in General Offices, Plants, Business and Technical Centers, and Customer Business Centers all over the U.S.
· Actual products are in stores everywhere
Culture and Environment:
· Known for being culturally diverse and ethnic within their company.
· Flexible with positions
· Travel
· Bad side to this work environment is long hours
Values:
· Integrity
· Leadership
· Ownership
· Passion for Winning
· Trust
Growth and Stability:
· P&G currently has 5 departments of brands
· 1. Beauty
· 2. Grooming
· 3. Healthcare
· 4. Fabric care and home care
· 5. Baby and family care
· 26 of their brands have more than a billion dollars in net sales according to the 2011Annual Report
Caveats:
· Lawsuit with Bankers Trust
· Questions with P&G stock market
· This is directly from here http://investorplace.com/2013/05/should-i-buy-pg-3-pros-3-cons-2/#.VEb_kfldWSo
-Procter & Gamble has paid a dividend for over 120 consecutive years and the past 57 years has increased that payout. At this point, the yield’s an attractive 3%. To top it off, P&G has also been aggressive with share buybacks. In the fiscal year-to-date, repurchases have come to $5 billion. Plus, over the past decade, PG has returned $98 billion to shareholders in dividends and buybacks — over 90% of net earnings.
Reputation:
· Specific brands have contributed to the company reputation.
· Tide Pods was named 2012 most memorable product launches
· Has been ranked in the top spots as a most admired brand by Fortune
· They are known for fostering innovation nurture talent and gain customer trust and loyalty
Competitors:
· Johnson and Johnson
· Kimberly-Clark Corporation
· Unilever
Investments:
· Save the Children: since 1995, P&G has contributed financial donations, health and hygiene capabilities, and products from Safeguard and Always.
· The P&G Children’s Safe Drinking Water Program
· Habitat for Humanity
· Downy Touch of Comfort
· Pampers Vaccination Program