Tag Archives: Cincinnati Area

How Procter and Gamble Survived Through Innovation

[youtube]http://www.youtube.com/watch?v=xvIUSxXrffc[/youtube]William Procter, a candlemaker, and James Gamble, a soapmaker, formed this global and Fortune 500 Corporation in 1837 (corporate profile). Procter and Gamble (P&G) is headquartered in Cincinnati, Ohio. These two entrepreneurs and inventors were immigrants from England and Ireland respectively; who have chosen for some reason to settle in the Cincinnati area. The company manufactures a wide variety of consumer goods including beauty, household, health and wellness products. According to CNNMoney.com “in the early parts of 2007, P&G was the 25th largest U.S Company by revenue, 18th largest by profit, and 10th in Fortune’s Most Admired Companies list”. “Touching Lives, Improving Life” is the corporate motto which is exemplified in their 138,000 employees and loyal customers worldwide. Read more….

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Filed under Business, Business Strategy, Change Management, Innovation Management