Corporate Culture of Procter Gamble Essay - 869 Words

Nicaj 1 Abstract This research discusses the corporate culture of the well known Procter Gamble enterprise, established in 1837. For over 150 years, PG has defined its corporate culture through their business tactics and way of management. Corporate culture refers to a companys values, beliefs, business principles, traditions, ways of operating, and internal work environment. For over 150 years, Procter Gamble has worked toward maintaining their standards, which has defined their corporate culture. Established by William Procter and James Gamble in the mid 1800s, the Procter Gamble Corporation has had continued success since its first major product, Ivory soap. Procter Gamble markets everyday products, such as; hair, skin,†¦show more content†¦As a company, PG values leadership; they want to be the leading corporation in their products sold. They also value the aspect of ownership and feel it is necessary for the company leaders to all act as owners and treat the company as it is their own. They feel that if the employees feel as though they own part of the corporation, they will strive for further success of Procter Gamble. To maintain the value of ownership, the leaders of Procter Gamble encourage employees to become shareholders. This idea was established bye William Cooper Gamble, who felt that if employees were also shareholders, their interests and motivations would be inseparable from the companys. In addition to the values already stated, Procter Gamble made it clear in their website that they act with the culture standards/traditions in mind. This encourages the idea of a functionalist organizational culture. PG feels that if they follow the standards set by the companys morals (stated clearly as being honest with one another and always trying to do the right thing) that in turn, consumers will reward [them] with leadership sales allowing stockholders and employees of Procter Gamble to prosper. Through all if their values, in the end PG is trying, like any other corporation, to come to a main objective of making money. By reading through the website the management style ofShow MoreRelatedThe Cash Flow After Operations Essay1562 Words   |  7 Pagesrefers to the cash the company has in accounts receivable which thereafter, goes in the overall operations of a company. In regards to Procter and Gamble, the cash flow for ending June, 2016 is 15,435,000 and with the year prior 14,608,000. 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