...What is Proctor & Gamble’s business strategy? What is the relationship of collaboration and innovation to that business strategy? Proctor & Gamble’s business strategy seems to be to find creative ways to maintain the popularity and marketability of their current products as well as to continue to progress and cater to the needs of the “Facebook Generation” by creating newer, more modern brands. Collaboration and innovation play an integral part in that business strategy. As stated in the case study, Proctor & Gamble is a huge company with over 100,000 employees. This means that there are over 100,000 ideas for how to maintain and improve the marketability of the current product line and just as many ideas for new products. This seems that it would present an issue in sharing ideas quickly and efficiently. According to the text, Proctor & Gamble employees were using email to communicate and essentially share these ideas. That means over 100,000 emails were being sent at any given moment, multiple times a day. Email is the way most companies prefer to communicate but when you have thousands of them coming every day, it becomes a very ineffective communication method because I’m quite sure that most of those emails don’t get read. So finding better ways for employees to communicate and collaborate to share those hundreds of thousands of ideas and be able to provide feedback. Eventually those 100,000 ok ideas will become 20 or 30 great ideas that Proctor & Gamble can use. Innovation...
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...From the reading we can determine that Proctor & Gamble uses a “Distributed Development” as part of their business strategy. When then CEP Lafley proclaimed that half of its new products would come from outside sources (Laudon & Laudon, 2013). What would be required to make this successful would be the integration of new systems along with a new direction. To be able to optimize its effectiveness the company would need to adopt a new collaborative strategy. The goals were to create innovative ideas in order to address the needs throughout the country as well as overseas at a lower margin of cost. With one major aspect being to still improve the lives of the company’s large customer base. The obstacles were many when attempting to gain success for the distributed development strategy. The requirement would be to increase the communication between all teams across the company. This would include all aspects of the company; from management employees and product suppliers. Ultimately better communication fosters a greater interaction of its employees and decision making. This gives Proctor & Gamble more reliability to create more quality products. One hurdle was to upgrade its current desktop environment that although had collaborative tools it did not support data sharing. Proctor & Gamble implemented several collaborative tools one being the visual collaboration Microsoft lifecycle collaboration tool Teamcenter. The product took advantage of SharePoint technology along...
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...Collaboration and Innovation at Proctor and Gamble: Case Study Angel J Robles January 26th, 2012 Abstract Is it possible for a company to optimize collaboration in order to maximize innovation in today’s day and age? Proctor and Gamble has shown that it is not only possible but profitable as well. Through the years we have seen countless corporations come and go. Somewhere they lacked the staying power of other corporations because of a flaw in the decision making methodology. Not to say that they did not have good decision makers at their executive level but rather that the methodology did not fully encompass all the aspects needed to make the informed decisions to better lead their companies. Proctor and Gamble saw a problem in their company’s collaboration techniques and went about attempting to fix it. They were not only successful in achieving this but their potential for innovation was able increase through the rapid sharing of opinions, ideas and discoveries. We will see how this was accomplished in the following. We will examine the Proctor and Gamble case study and see the problems and corrective actions that were made by the company to resolve these issues then break down the problem solving and decision making process which they incorporated. Angel J Robles Proctor and Gamble When A.G. Lafley became CEO of Proctor and Gamble in 2000 he set out to change how the company communicated within itself. He wanted to reduce...
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...Unit 1 MGMT305-1203A-02 Dee Cadwell June 12, 2012 Professor Anne Nelson Abstract The purpose of this paper is to show how companies us information systems to help manage business operations, show knowledge about computer networks, hardware, software, and database technologies. It will also evaluate how businesses use the Internet to their advantage for communicating with employees, working with other businesses and working with ecommerce businesses. What Is The Buzz On Smart Grids? The Smart grid is a class of technology that people are using to bring electricity delivery systems to the 21st century using computer based remote control and automation. Two way communication technology and computer processing make it possible and has been used by other business for years. The “grid” is the network that carries the electricity from the plant to the consumer. The grid is made up of transformers, substations, wires, switches and more. The “smart” entity is pretty much the same as the new “smart phones” and it basically saying that the grid is computerized. It includes a 2-way digital communication technological device. (Energy.gov, n.d.) Smart grids differ from the current electricity infrastructure because of the way the electricity is delivered to the consumer. The current grid does not explain how the power is distributed or used. The smart grid was developed to digitally save the consumer money by...
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...leveraging what your business does best to create a competitive advantage.”(Lafley, 2008) COLLABORATION AND INNOVATION AT PROCTER & GAMBLE CASE STUDY Prepared by: xxxxxxxxx Lawrence Technical University Management Information Systems, MIS-6013 Professor Patrick Mach Evans February14, 2012 Table of Contents Introduction 3 Analysis 6 Conclusion 16 References 17 Introduction When the typical consumer hears the name Procter and Gamble they might think of Ivory Soap, Tide, Pantene, Pampers, or possibly Swiffer. The reason being is that these are a just a few of the everyday household products that have been contributors to the huge success of Procter and Gamble. But when another consumer product company hears the name Procter and Gamble – they think of innovation, leaders on the cutting edge of technology, and one of the front runners in globalization. Procter and Gamble, also known as P&G, has been a key element of American business for over 150 years. In 1837 a small soap and candle company formed in Cincinnati, Ohio. This little business, named after brother-in-laws, Procter and Gamble, has since grown to a global giant with 138,000 employees working in more than 80 countries. (P&G Revolutionizes Collaboration with Cisco, 2008) P&G is the largest manufacturer of consumer products in the world and one of the top 10 largest companies in the world by market capitalization. (Laudon & Laudon, 2012) p.75. Proctor and Gamble realized strong...
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...Unit 1 – Understanding MIS Theodora Wilson American InterContinental University Abstract Information systems are used globally with efficient effective ways starting with management as they utilize the four competitive strategies to compete in businesses. The organizations and their use of technology to collaborate and succeed in the market all depends on how their information systems are set up. Introduction Understanding Information systems in the world of businesses assists in creating success for the stock holders, stake holders, and the consumer. This paper will answer questions based on four case studies. The case studies presented are based on smart grids, collaboration and innovation, how much a company knows about you, and the consequences of texting. Case Study I – Smart Grids Smart grids were developed as the twenty-first century automated form of electrical output to consumers. Smart Grids are used to deliver electricity from the supplier to the consumer using digital technology. This means using an automated system through a computer generated information network from power plants and wind farms to the customer in their homes and businesses. Utilizing smart grids in this fashion is different from the current electricity infrastructure as far as not using transmission lines to telephone poles to meters. (Kenneth c. Laudon, 2012) Developing a smart grid requires management of information. Technology is needed to operate the network...
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...Introduction The aims of this assignment are to measure the outcome of students’ learning in terms of knowledge acquired, understanding developed and skills or abilities gained in relation to the achievement of the learning outcomes. Learners are expected to use their acquired knowledge to prepare a business report of not less than 3,500 words, clarity of ideas and presentation would attract extra marks as well as use of own initiative and real and imaginative scenarios to demonstrate understanding of the course. COURSE WORK- PROCTER & GAMBLE Zeroing in on the first moment of truth Procter & Gamble, a world leader in consumer packaged goods, sells nearly 300 brands in more than 160 countries. It has sales of $40 billion a year and 130 manufacturing sites around the world. P&G measures consumer satisfaction at two levels, which it calls the two “moments of truth.” The first moment of truth occurs when the consumer reaches the shelf and finds that the desired product is, or is not, available. This is a critical moment, because if the product is not immediately available, the consumer usually moves on to buy a rival product. The second moment of truth depends on the buyer’s satisfaction when consuming the product. This, too, has a crucial impact on consumer loyalty, but is beyond the scope of this case study. Detailed consumer surveys in July 2000 told P&G that in 55% of cases (75% for promotional items), consumers were not satisfied when they looked...
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...Collaboration and Innovation at Procter & Gamble Case Study Collaboration and Innovation at Procter & Gamble CASE STUDY 1. What is Procter & Gamble’s business strategy? What is the relationship of collaboration and innovation to that business strategy? i. Proctor and Gamble’s business strategy focuses on three main areas. This is to maintain the popular the popularity of its existing brands through advertising and marketing; the extension of its brand to related products by developing new products and the creation of new brands from scratch. To achieve these, the company aims to facilitate collaboration between researchers, marketers and managers. ii. By fostering interaction among employees P&G fosters informed decision making and the sharing of ideas and information which ultimately leads the company to produce quality products. 2.How is P&G using collaboration systems to execute its business model and business strategy? List and describe the collaboration systems and technologies it is using and the benefits of each i. P&G researchers use collaborative tools to share data on various brands they have collected which allows marketers to access this data to create better targeted ad campaigns and likewise managers access data shared t be able to make informed decisions. ii. - P&G use a suite of Microsoft products such as MS Outlook, MS SharePoint and others that have unified communication and integrate services through voice and data transmissions and allow for...
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...Collaboration and Innovation at Proctor & Gamble Proctor & Gamble is the largest manufacturer of consumer products in the world. P&G has a reputation for developing successful brands and maintaining their popularity with unique business innovations. Beauty Care, Household Care, and Health and Well-being are the three main units of business operations at P&G. Each of these business units are further subdivided into more specific units. P&G has three main focuses as a business in each division. First, it needs to maintain popularity of its existing brands. Second, it must extend its brands to related products by developing new products under those brands. Third, it must innovate and create new brands entirely from scratch. Much of P&G’s business is built around brand creation and management. To effectively run P&G’s business operations, it is critical that they facilitate collaboration between researchers, marketers, and managers. This is the reason that P&G has been actively implementing information systems that foster effective collaboration and innovation. In early 2000, P&G was in disarray and the company’s share price had fallen by nearly 50 percent, wiping out $85 billion in market capital (Lash, 2012). Despite spending heavily on research & development, productivity had plateaued and the company’s innovation success rate was around an unsatisfactory 35 percent (Lash, 2012). When A.G. Lafley became P&G’s CEO in 2000, he recognized that collaboration would be the key...
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...Understanding MIS MIS involves issues relating to technical problems, organization and management. There must be a complete and thorough understanding of how these concepts work together. By using MIS a greater asset has been added to any company that wants to succeed. Smart grids differ from the current electricity infrastructure the United States uses by distributing electricity from its network to customers in the form of digital technology so that energy will be conserved, costs will be cut and the assurance level will be valued more as well as accurately (Laudon & Laudon, 2012). Whereas, the present way electricity is handled in the United States by electrical companies sending their workers out into the field to collect information that is needed to service customers. This is done by the workers reading the customer’s meters, searching for equipment that need repairing and measuring voltage. There is room for updating the devices that utility companies are using (Smart Grid, 2012). When developing a smart grid the issues that should be considered is the technology behind it. There are the network and switches that need to be managed, devices to keep an eye on as to how much energy are being used and distributed. Ways to keep communication lines between customers and providers open with the information of how much usage has been used (Laundon & Laundon, 2012). Challenges that could deter the development of smart grids would be how much it...
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...EXECUTIVE SUMMARY Proctor and Gamble (P&G) over its journey of about 175 years has become one of the world’s largest consumer goods Company with sales of nearly $80 billion and a net profit of about $10 billion. P&G has a presence in more than 180 countries with brands that accumulate to in excess of $25 billion. The company has achieved success by creating high quality brand recognized products that are sold on multinational level. It enjoys one of the largest brand names in household products like Pampers, Gillette, Tide, Ariel, Downy, Pantene, Head & Shoulders, Olay, Oral-B, Crest, Dawn, Fairy and Always and segments like household care, beauty, grooming, and personal health care. Although, P&G has world renowned brands, P&G needs to adopt strategies that enable it to maintain its competitive advantage over its rival. Consumer Goods industry where P&G operates has matured reaching the consolidation stage and competition amongst rivals is intense. P&G has many strategic options create competitive advantage over its rivals such as further market penetrations by rebranding its current line of products and selling them at a lower price. Another option for P&G is to expand in the emerging markets by collaboration or alliances with local businesses in various geographical regions. Lastly, P&G can specialize in skin care/beauty segment of consumer industry. P&G can provide consumers with products that are made with natural ingredients...
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...Contents Executive Summary 3 Report On Globalization Of P&G 4 1) How did the company initiate its first global business? 4 2) Its Global business activity during the last 5-10 years ………………………………...6 3) What global initiatives the company has taken up currently and in the immediate future? 8 4) Can you suggest any alternative to its given future plan of expansion abroad? 10 5) Due to recent financial meltdown and the continuing recession/ slowdown in some developed countries , have some of the recently introduced expansion plans of your company become vulnerable? 12 6) What remedial measure / plan can you suggest? 14 7) Your suggestions for taking the company’s global businesses to the next level? 15 8) References…………………………………………………………………………….17 Executive Summary Procter and Gamble (P&G) was founded by William Procter and James Gamble on October 31, 1837. The company is now the largest company and brand in Fast Moving Consumer Goods (FMCG) industry. The company, today, deals with personal care product, pet food and cleaning agents. The company scored $83.86 billion sales in 2012 and ranks 1st in the Fortune magazine’s “Global Top Companies for Leaders.” The company as on February 19, 2013 has a market capitalization of $ 211.38 bn (Source: Yahoo Finance). The company has simple expansion plan. They have, since early days, have believed in both organic and inorganic growth. The company cultivated and grew in house...
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...Project MGMT305-1204B-06 Management Information Systems Sunday, October 07, 2012 Abstract The following paper takes in a count for how companies use information systems for help managing internal operations by way of good decisions. Furthermore, how companies apply working knowledge of computers and ancillaries to evaluate how business problems can be solved. Moreover, how businesses use the aforementioned tools to facilitate ecommerce through the use of business to business and business to customer technology. INFORMATION SYSTEMS IN BUSINESS What's the Buzz on Smart Grids? Case study 1. How smart grids differ from the current electricity infrastructure in the United States The current electricity infrastructure within the U.S. provides power to shoppers with the smart grid providing info of how shoppers use energy. This makes it exhausting to be able to develop varied methods and approaches to finding ways of optimally distributing power. This infrastructure conjointly doesn't effectively handle power that's generated from energy sources. On the opposite hand smart girds digitally deliver electricity from suppliers to shoppers in a vary means that enables back and forth communication between suppliers and shoppers thereby enhancing selections created on energy production and consumption. This helps in saving energy, reducing prices and pollution and increasing transparency and re-liableness since the smart grid system is able to apportion involuntary changes to the...
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...Comprehensive Industry Analysis | COMPUTER (HARDWARE & SOFTWARE), CONSUMER GOODS, E-COMMERCE, ENTERTAINMENT, FINANCIAL SERVICES | | SBI Superstars present a production of Group 2’s analysis on the specified industries. | | Tajuan K. Griffin – ChairMarcus Bourgeois – Co-ChairArica McCullumMichael LatsonRicardo CopelandDavid BercklerAyokunle Ojutalayo Ifeanyi Korie Karen JohnsonRobensky Theodore | 7/21/2010 | | ------------------------------------------------- Table of Contents Table of Contents………………………………………...…………………………………….pg 2 Project Overview………………………………………………………………………………pg 4 Computer Industry pg 5 Hardware Overview………………………………………........................................................pg 6 Hardware Top 5 Financials…………………………………………………………………….pg 7 Hardware Top 5 Analysis………………………………………………………………...........pg 8 Software Overview...................................................................................................................pg 12 Software Top 5 Financials……………………………………………………………………pg 13 Software Top 5 Analysis……………………………………………………………………...pg 14 Computer Industry Outlook…………………………………………………………………..pg 15 Consumer Goods Industry pg 16 Consumer Goods Overview......................................................
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...Executive Summary Procter and Gamble is the world’s largest consumer goods company that markets to more than 300 brands in over 180 countries. (Citation needed) The company’s leading market position along with its strong brand portfolio provides it with significant competitive advantage. The company is engaged in producing beauty, health, fabric, home, baby, family and personal care products. In addition, the company’s product portfolio includes pet health products and snacks. P&G’s purpose is to touch and improve people’s everyday lives. Currently, there are nearly seven billion people on the planet and P&G reaches about 4.4 billon people. (Citation) The company is executing its growth strategy by innovating products and services to improve people’s lives in all markets. Innovation is the driving force behind the company’s strategy. As stated by, CEO Robert McDonald “our experience has proven that price promotion may win a quarter here and there, but innovation wins decades”. (Citation needed) There many examples to prove this, the company’s laundry business in the U.K., for instance. In the late 1970s, the company was competing hard to defend and maintain its 35% market share leadership position. In the three decades since, P&G stepped up innovation efforts which introduced a series of game-changing innovations such as Daz automatic detergent, concentrated liquid detergent and most recently Liqutabs. These new innovation efforts now allow the company to enjoy around...
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