Web-Based Research
The company that has been selected is the Proctor & Gamble Corporation that is located in Cincinnati, Ohio. Proctor & Gamble Company is involved in the production and marketing of various personal consumer goods and hygiene and personal care products. The range of the products offered by the company from the two main segments is grooming, homecare, and fabric, family care, health care, feminine, and baby care products. The internet used by Procter & Gamble in reaching potential online consumes ishttps://us.pg.com/. The reason for selecting the Procter & Gamble Corporation is due to the diversified business model it has employed. The range of the sectors and products offered by the company demonstrates that it has effective management that can maintain and manage a large conglomerate organization. Accordingly, I have a personal interest in learning the management effectiveness that has its growth since its foundation in 1837 by James Gamble and William Procter.
One of the critical aspects of the Procter & Gamble Incorporation’s operational management is the sustainability approach employed in giving back to the community. The company has invested heavily in assisting children from impoverished families and communities to attain education and medical services. This undertaking depicts that the organization cares for its consumers, which has enhanced its relationship with different communities, it has established operations. Equally, the company has invested in renewable energy across its facilities to help in reducing carbon emission to the atmosphere. Additionally, management is involved in environmental initiatives to enhance the welfare of the global community.
The company also has undertaken the process of outsourcing the production of various products. The outsourcing of the production process has helped in minimizing operation costs and the efficient supply of products across its stores. The outsourcing of production is done in Far East countries such as South Korea, China, and Vietnam due to their lower wage rate compared to America. Indeed, the labor costs have been the major component of the production that American manufacturing organizations have been facing in the past. The decision to outsource the production of the products has helped in minimizing the operational cost of the Procter and Gamble Company. Consequently, the two operational management strategies have been instrumental in promoting the performance of Proctor & Gamble Corporation.
Nevertheless, I would ask the current C.E.O of Procter & Gamble Company, David Taylor, four critical questions on the future if I get an opportunity of meeting him. One of the questions I would confront the C.E.O is on the steps the conglomerate is making on the issue of low priced products penetrating from Far East Companies compared to the products offered by the American companies. The second question I would ask the C.E.O on the strategies and steps the company is employing to diversify and penetrate the emerging economies that are promising to the next frontier markets. The third line of question will be on the supply chain practices and strategies the company employs to ensure smooth flow operations from the sourcing end to the marketing end. The last question to ask the C.E.O is on the measures the company is taking is responding to the growing concern on manufacturers’ contribution to the social issue of global warming. These questions are critical since they have a significant impact on the competitiveness of the company in the future.