Innovation at Procter & Gamble
Over the past seven years, Procter & Gamble has tripled profits; significantly improved organic revenue growth, cash flow, and operating margins; and averaged earnings per share growth of 12 percent. How? A. G. Lafley, Chairman and CEO, Procter & Gamble, and his leadership team have integrated innovation into everything P&G does and created new customers and new markets. In this interview, A.G. Lafley talks about how innovation is at the core of P&G’s business strategy, and how P&G makes innovation an everyday practice in their organization.
http://video.google.com/videoplay?docid=5713372592472441001
About A.G. Lafley:
As the CEO of Proctor and Gamble, A.G. Lafley is a world renowned leader in innovation. He began at Proctor and Gamble in 1977, and was chosen as CEO in 2000. He inherited a struggling company that was then and still is adapting to a new global business unit. He saw one of the only ways to get out of trouble was to focus on innovation in his company. A.G. Lafley and Ram Charan have co-written “The Game-Changer: How You Can Drive Revenue and Profit Growth with Innovation”.
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