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Business
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| Number of pages / Number of words: |
18 / 4965 |
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Lafley, who took over the mantle, seems to be on the right path but it remains to be seen whether his moves will pay off in the long run. .
Procter & Gamble’s (P&G) Organization 2005 was conceived as a set of far-reaching initiatives to accelerate the company’s growth. It involved comprehensive changes in organizational structure, work processes and culture to make employees stretch themselves and speed up innovation...
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Organization 2005 also sought to leverage P & G’s global presence. The program was intended to boost sales and profits by introducing an array of new products, by closing plants and by eliminating jobs.
This initiative, spearheaded by P&G CEO Durk Jager (Jager) who became CEO in 1999, was to be a 6-year, $1...
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