Proctor and Gamble 1999 Annual Report Download - page 10

Download and view the complete annual report

Please find page 10 of the 1999 Proctor and Gamble annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 54

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54

6
ORGANIZING FOR SPEED
•Market Development Organizations will bring deep knowledge of
individual markets to ensure that innovations developed globally
win locally.
•Streamlining and standardizing our manufacturing systems will
move innovations to market faster and better align capacity with the
new Global Business Units.
•Global Business Services will turn the administration of our business
into competitive advantage, with fewer transactions, faster service
and lower costs.
•Leaner Corporate Functions will focus single-mindedly on cutting-
edge new knowledge in every area of our business.
•New reward systems put more of senior management’s pay at risk,
and better align compensation with our expectations for growth and
increased shareholder return.
The net result will be bigger innovations, faster speed to market,
greater growth – innovation vitality.
A LOT OF SCIENCE IN A PIECE
OF CLOTH Swiffer is a revolu-
tionary new sweeper with dis-
posable cleaning cloths. P&G
scientists used sophisticated
technologies from our paper
business to create a webbed
cloth of microfibers. As you
dust, these fibers develop an
electrostatic charge that picks
up dust, dirt and allergens like
a magnet. Swiffer expanded
on record timing – from start
of test market to global expan-
sion in just 18 months. Try
Swiffer and get rid of house-
hold soil instead of just stir-
ring it up.
www.swiffer.com