Organizations develop strategies related to the internal and
external operations of the company. Corporate management sometimes share their
strategies with the stakeholders of the company, particularly with the shareholders
and society. However, sometimes they develop sensitive strategies that they do
not share with shareholders. Proctor and Gamble is a leading company in the
consumer goods market. In accordance with my previous work experience at P&G
Company, organization is used to share their social welfare related strategies
with society and customers. Whenever company starts a new project for the
social welfare of the society, they share that information with society. While they
usually discuss strategies related to customer services and marketing of the
company with the relevant people only. The company is really concerned with the
quality of their products. The quality of their products is their competitive
advantage in the market. Company is used to introduce innovative products with
new unique features that are desired by the customers without compromising on
the quality of their products. Even company is performing well in the highly
competitive market, but still there are some weaknesses associated with their
operations that need to be changed. If I were the in-charge of the decision-making
process, then I would definitely encourage the company to introduce more
brands. Proctor and Gamble Company is only working in 3 major categories, while
its competitor company Unilever has 400 brands with 4 major categories. Therefore,
considering this Proctor and Gamble Company should also introduce new categories
and brands to remain sustainable in the highly competitive market.
References
Organization of Unilever and P&G
Ghanta, Sravya, and Antra. 2016. "Marketing Mix
of Unilever and P&G." International Journal of Management and
Humanities 3 (3): 8-12. Accessed 12 15, 2018.