& Gamble Co. Essay, Research Paper
NEW YORK (CNNfn) – The head of Procter & Gamble Co. – a controversial corporate veteran who tried to shake up the venerable consumer products maker through an aggressive growth strategy – quit abruptly Thursday amid the company’s ongoing profit woes.
Durk Jager, who served as CEO of Cincinnati-based P&G for a turbulent year and a half, resigned, effective immediately. Jager, who also served as president and chairman, spearheaded an ambitious restructuring effort, dubbed “Organization 2005,” which was intended to boost sales and profits by introducing an array of new products and by closing plants and eliminating jobs.
The six-year, $1.9 billion effort, however, cut into profits at the largest U.S. household products company – a 162-year-old blue-chip firm that traditionally had been known for steady earnings growth and conservative management.
Coinciding with Jager’s resignation, the maker of Tide detergent and Crest toothpaste lowered its fiscal fourth-quarter earnings estimates, saying the results for the April-June period would be flat compared with year-earlier figures. The company now forecasts profits of 55 cents per share, compared with earlier expectations of about 64 cents.
Procter & Gamble (PG: Research, Estimates) had already reduced 2000 earnings forecasts in March, triggering a sharp drop in the company’s share price.
P&G stock — which was the worst performing component of the Dow industrial average in the first quarter — lost another 4-5/16, or 7 percent, to 56-15/16 Thursday on the New York Stock Exchange. The stock lost about 48 percent of its value in the first three months of the year.
Jager’s replacement is Alan Lafley, the president of P&G’s global beauty business and its North American unit. Former CEO John E. Pepper, who retired from the company in 1999, will return as chairman of the board.
While touting Jager’s “visionary leadership,” the company’s new leaders distanced themselves from the restructuring program he initiated.
They said the company’s growth initiatives have taken their toll on financial performance, and indicated they would focus on boosting sales of core products rather than channeling efforts into entering new markets all at once.
The company has not been “delivering significant earnings growth that the business is known for,” Lafley said in a conference call with Wall Street analysts. “In hindsight, we changed too much, too fast.”
Lafley said that over the next six weeks, he will sift through the company’s operations to make choices on its product offerings, saying he would focus on the “tough choices” needed to rein in costs.
Bibliography
CNN
Другие работы по теме:
In-store эволюция
Понятие «точка» - многогранно. В математике это может быть точка отсчета, в русском языке – конец предложения, в маркетинге – точка продаж.
Методы социального влияния
Обращаясь к механизмам, лежащим в основе социального влияния, невозможно не упомянуть блестящее исследование Роберта Чалдини. В нем он выделил и детально описал шесть основных механизмов социального влияния.
Краткая история компании Procter amp Gamble
В условиях жесткой конкуренции залогом успешного бизнеса становится команда профессионалов. Именно команда способна эффективно, качественно и в кратчайшие сроки решать поставленные перед ней задачи, поскольку каждый член команды умеет "работать на результат". Поэтому любому менеджеру рано или поздно придется узнать, что же такое командообразование и как формируются навыки командного взаимодействия.
Маркетинговий аналіз ситуації
Перш ніж проводити маркетінговий аналіз ситуаціі потрібно проаналізувати ситуацію з непередвзятої точкі зору, визначити коло проблем, розподілити проблеми на категорії для того, щоб визначити які з проблем може бути вирішено за допомогою маркетингових дій.
Чейни, Ричард
Введение 1 Биография 2 Семья 3 Интересные факты Введение Ричард Брюс «Дик» Чейни (англ. Richard Bruce «Dick» Cheney; 30 января 1941, Линкольн, Небраска) — американский политик, республиканец, работал в администрациях четырёх президентов США. В администрации Дж. Буша-старшего 1989—1993 министр обороны США.
The Crucible Essay Research Paper The CrucibleIn
The Crucible Essay, Research Paper The Crucible In 1692, witch trials begin in Salem, Massachusetts. Numerous young girls have claimed to be bewitched. John Proctor married to Elizabeth is accused of adultery. Giles Corey is the oldest man in the community. Rebecca Nurse, wife of Francis, is a lady of goodness and respect.
Human Nature S Inclination Towards Conformity Essay
, Research Paper Human nature feels a sense of acceptance when conformed to those in its environment. People need to follow patterns, standards, and a structure of behavior to feel secure. A pattern to conform to is a kind of shelter. (Unknown) Whether a strong faith in religion, failure to decipher the truth, to follow the majority, or a realization of one s conformity, Arthur Miller s The Crucible supports human nature s natural inclination towards conformity through the plot and characters.
Social Mobility Essay Research Paper Social Mobility
Social Mobility Essay, Research Paper Social Mobility: A Case Study In a world where it is hard to get ahead, some people do manage to do it. Most of us spend our lives within our strata in the stratifications system because it is very difficult to move up in the world, as we know it today. While it is quite easy to move down a strata it can also require some effort to just maintain a strata.
In Search Of Excellence Essay Research Paper
In Search of Excellence was the 1982 best-selling look at excellent companies and an attempt to identify the attributes they had in common that helped to make them successful. Thomas Peters and Robert Waterman studied dozens of American companies and deemed these companies to be excellent: Bechtel, Boeing, Caterpillar, Dana, Johnson & Johnson, Hewlett-Packard, Delta, Fluor, IBM, Procter and Gamble, McDonalds, 3M, Digital Equipment and Emerson Electric.
Globalization And Multinational Enterprises Essay Research Paper
Globalization is changing the way of doing business in the world today. It is the new era of business opportunity. For many major companies, going global is a matter of survival, and it means radically changing the way they work. Economic globalization changes both spatial dimension of MNE s (Multinational Enterprises) and creates a need for more flexible production of marketing systems and new forms of organization.
Crucible Act Two Essay Research Paper The
Crucible- Act Two Essay, Research Paper The Crucible Act Two To confess to corruption is to sentence your soul to hell, however if you confess to your self, you in turn hold what is rightfully yours, your unflawed name.
Untitled Essay Research Paper 7 I have
Untitled Essay, Research Paper 7. I have chosen the character Abigail and will show the impact she had on the witch hunt in Salem because of her strong leadership and the accusations she made towards others in Salem.Abby was a very fluensul girl in the play and the other girls looked up to her and would follow along for what ever she told them.
Crucible 2 Essay Research Paper It is
Crucible 2 Essay, Research Paper It is more noble to die with integrity than it is to compromise one s principle in order to live. —– Danforth: I say, will you confess yourself, Goody Nurse? Rebecca: Why it is a lie, it is a lie;; how may I damn myself? I cannot, I cannot. —–Arthur Miller s, The Crucible, was a play with many themes.
A True Tragic Hero Cruciblea Essay Research
Paper A True Tragic Hero? According to Webster s New Standard Dictionary of the English Language, the definition of a hero is a man of distinguished bravery; a principal figure in a story . (127) A tragic hero is a hero of a tragedy, more specifically a person who either dies in the story or is defeated in a struggle with evil.
The Crucible To Kill A Mockingbird Essay
, Research Paper Often the title of a piece of literature will have significant implications in terms of the theme of that book. In Arthur Millers The Crucible and Harper Lees To Kill a Mockingbird the title had significant implications on the books theme. By definition a crucible is a trying, or testing situation.
Mercury
’s Maturity Essay, Research Paper Mercury?s Maturity: A Response to ?Raymond?s Run? Former Miami Dolphin Head Coach Don Shula once said, ?If you’re going to take gambles, you must have one thing: self-confidence.? Some people go through their whole lives skeptical of themselves. Most people are afraid to take chances for this same reason.
A Look Inside The Crucible Essay Research
Paper “A look inside The Crucible” The Crucible By Arthur Miller is an interesting story based on the Salem witch trials. The characters in the Crucible have allot of inner and outer conflicts with themselves and each other. Many of the characters in the story show that dying with honor is better than living with guilt.
Crucible Title Essay Research Paper The title
Crucible Title Essay, Research Paper The title of Author Miller s play the Crucible fits the story in many ways. There are many definitions for a crucible but mainly two of them fit the story most. The first
Crucible And John Proctor Essay Research Paper
John Proctor is a character from the Crucible, a play by Arthur Miller, Throughout the play he changes from being a troubled, self-exiled, sinner to becoming a person of high moral standards. The characters in this play are
Animal Experimentation Essay Research Paper Abstract
Animal Experimentation Essay, Research Paper Abstract Animal experimentation has been going on for a while now and people have been protesting against it since it has begun. It seems now days there are more cons for animal experiments because of how it has become a popular topic to this day. The pros seem to think that animal experiments are necessary for living a healthy life.
Persuesive Essay On Animal Testing Essay Research
Paper Over 80 Million animals die a year due to animal testing, yet it is still legal. Letting even 1,000 humans die a year due to laboratory testing would be unethical and illegal, but testing millions of animals is legal and accepted by many people in our society. The fact that animals are not equal to humans doesn’t give us the right to allow them to be sacrificed, tortured, and destroyed just so we can wear makeup, perfume, and other beauty products.
Character Flaws Essay Research Paper Character FlawsMacbeth
Character Flaws Essay, Research Paper Character Flaws Macbeth, John Procter, Auther Dimmesdale, and Ethan Frome are all men with flaws. But, that is normal since everyone who is mortal or remotely so have at least one imperfection. Some are minor than others, but in the case of the characters listed above, their flaws proved to be fatal.
Fitzgerald Essay Research Paper The dominant influences
Fitzgerald Essay, Research Paper The dominant influences on F. Scott Fitzgerald were aspiration, literature, Princeton, Zelda Sayre Fitzgerald, and alcohol. Francis Scott Key Fitzgerald was born in St. Paul, Minnesota, on September 24, 1896. His father, Edward, was from Maryland, and his mother, Mary McQuillan, was the daughter of an Irish immigrant who became wealthy as a grocer in St.
The Crucible And The Use Of Authority
Essay, Research Paper Today s society is composed of a country built on the Constitution, which is governed by laws, justice in these laws and authority. Authority holds precedence in any situation; the policeman upholding the law, the judge administering justice, the common citizen being law abiding.
The Crucible Evil And Greed In Man
Essay, Research Paper The Crucible: Evil and Greed In Man High personal, acquisitions, evil desires and massive greed took part in shortening the fuse of the chaotic corruption of the Salem witch trials. Amidst
Do You Consider John Proctor E Essay
, Research Paper “I have given you my soul; leave me my name!” Do you consider John Procter to be heroic? John Proctor was a farmer in Salem, Massachusetts in America and, because he had a lot of land, he was a well respected in the village. He was married to Elizabeth and they had three children together. He was involved in the 1692 Salem witch trials, which provoked mass hysteria amongst the people of the village.
The Crucible And Inherit The Wind
– Injustice Essay, Research Paper Both Cates, in Inherit the Wind by Lee and Lawrence, and Procter, in The Crucible, by Arthur Miller, are both subjected to unjust laws. Both demonstrated that , “if the law is of such a nature that it requires one to be an agent of injustice toward another, then I say break the law,” as stated by Henry David Thoreau.
Study Of Procter And Gamble Essay Research
Paper A Company like Procter and Gamble can attract the attention of any one in the whole world. It made and still makes the life of any individual much easier by providing him with reliable products that he appreciates for their superiority and their safety. Today, in Egypt, the products of Procter and Gamble have conquered the Egyptian market.
Edward L Bernays Essay Research Paper Edward
Edward L. Bernays Essay, Research Paper Edward L. Bernays Public Relations is the attempt by infornation, persuasion, and adjustment to engineer public support for and actively, cause, movement, or institution. Edward L. Bernays, 1955. Edward L. Bernays was born Nov. 22, 1891 in Vienna, Austria. Bernays was a pioneer American publicist who is generally considered to have been the first to develop the idea of the professional public relations counselor, one who draws on the social sciences in order to motivate and shape the response of a general or particular audience.
Модели брендинга 2
В западной модели существует несколько видов брендов. Родственные бренды — это названия товаров, в которых есть имя компании-производителя. Например, компания Heinz производит “Томатный кетчуп Heinz”, Wrigley — жевательную резинку Wrigley’s Spearmint, Nestle — шоколад Nestle Classic.
Кейз Cтив
Кейз Стив (Stephen M. Case) (р. 1960), американский предприниматель в области глобальных копьютерных сетей, соучредитель компании America OnLine, ее председатель и главный исполнительный директор.