Procter & Gamble's innovation success

Strategic Direction - Tập 21 Số 7 - Trang 11-13 - 2005

Tóm tắt

Purpose

Reviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studies.

Design/methodology/approach

Scans the top 400 management publications in the world to identify the most topical issues and latest concepts. These are presented in an easy‐to‐digest briefing of no more than 1,500 words.

Findings

In 2004 consumer products giant Proctor and Gamble (P&G) reported a 17 percent increase in volume, a 19 percent increase in sales, a 25 percent raise in earnings and a total shareholder return of 24 percent. Pretty impressive by anyone's standards. For P&G's competition, the question, of course, is how did they do it? For Wall Street and the City on the other hand, the most pressing concern is whether or not this growth bubble will burst.

Practical implications

Provides strategic insights and practical thinking that have influenced some of the world's leading organizations.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.

Từ khóa


Tài liệu tham khảo

Penhirin, J. (2004), “Understanding the Chinese consumer”, McKinsey Quarterly, special issue, pp. 46‐57, ISSN 0047‐5394.

Sellers, P. (2004), “P&G: teaching an old dog new tricks”, Fortune, Vol. 149 No. 9, pp. 59‐63, ISSN 0738‐5587.

Teresko, J. (2004), “P&G's secret: innovating innovation”, Industry Week, Vol. 253 No. 12, pp. 27‐30, ISSN 0039‐0895.