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Essay

P&G

Essay specific features

 

Issue:

Business

 

Written by:

Earnestine H

 

Date added:

February 1, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1430

 

Was viewed:

9828 times

 

Rating of current essay:

 
Essay content:

This dedication and loyalty by P&G's employees created the notion that outside sources were unwelcome and all products and ideas must come from within, however, this is not the way of the future. Durk I. Jager was named CEO in January 1999 but tried to accomplish too much too fast. Jager entered into this position at a very difficult time in P&G's history and tried everything he knew to keep the company going...
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He introduced new high end products, which did not fit within P&G's culture. His solution to keep P&G going was to cut costs, however this was not a long term solution. He alienated the employee population in 17 short months. Acknowledging Jager's failure, P&G's board forced him to submit his resignation...
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