Word: procter
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...Americans spend over $2 billion a year on antiperspirants and deodorants. Despite that investment, 25% to 30% of people in a national survey feel the products they use could do more to control sweat. Enter Unilever's new clinical-strength versions of Dove and Degree. Ditto for Procter & Gamble's Secret, Old Spice and Gillette. Says P&G spokesman Jay Gooch: "At the end of the day, we want to make sure we don't stink...
...Baur came up with a clever way for Procter & Gamble to stack chips uniformly rather than tossing them in a bag. He was so proud of the achievement, he wanted to go to his grave with it. So when Baur died last month, his children buried the 89-year-old's ashes in one of his iconic cans...
...Procter & Gamble is a place you'd look for wash-day miracles, not management revolutionaries. Yet A.G. Lafley, CEO since 2000, proved otherwise. He drove relentless change at the famous but once flailing company. In The Game-Changer, written with management guru Ram Charan, Lafley explains how P&G flourished by organizing around customer-driven innovation. He talked with TIME's Bill Saporito...
...some 70 different institutional investors will be pushing to add an annual provision to let shareholders vote up or down on how companies pay their top five executives. Earlier this week, about 150 institutional investors and representatives from companies like Pfizer, Morgan Stanley, Dell, BP, Sara Lee, Fed Ex, Procter & Gamble and United Health gathered in New York for a roundtable on say-on-pay votes. Such votes wouldn't actually be binding, but they still might serve to pressure firms into behaving the way shareholders want them to, especially when it comes to linking pay to performance. "This...
...allure that a magic wand of youth can be waved at home has made consumer-products giants like Procter & Gamble (P&G) and Johnson & Johnson (J&J) snap to attention. After all, these devices have the potential to snare a sizable chunk of the estimated $24 billion that Americans spend to rejuvenate their faces and remove unwanted hair. Seeing synergies with its Neutrogena brand, J&J jumped into self-dermatology in 2004, signing an exploratory multiyear licensing deal with the $120 million company Palomar Medical Technologies to develop, test and commercialize light-based aesthetic devices that can treat wrinkles, cellulite...