08 May Develop a strategic plan for Procter and Gamble and share it with stakeholders. Create a 10 slide presentation with Speaker Notes for key stakeho
Develop a strategic plan for Procter and Gamble and share it with stakeholders.
Create a 10 slide presentation with Speaker Notes for key stakeholders to solicit their approval of the strategic plan. Address the following in your presentation:
- An introduction with mission and vision statements
- Core values, ethics, and social responsibility principles
- Analysis of the company’s:
- Internal environment (e.g. strengths and weaknesses related to resources, trademarks, patents, copyrights, or current processes)
- External environment (e.g. opportunities and threats related to market trends, economic trends, demographics, or regulations)
- An evaluation of the internal and external environment’s impact on achieving the company strategy
- Create a strategic objective for the company.
- Create short- and long-term goals for achieving the company’s strategic plan.
- Determine methods for collecting data and measuring the success of the strategic plan.
Please use attachments to help
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Week 2 Apply: Strategic Plan Research
Jeannette Stanley
University of Phoenix
April 11, 2022
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Week 2 Apply: Strategic Plan Research
Procter and Gamble (P&G) is the chosen organization for investigation in this course. P&G
is well-known across many global markets as they are a billion-dollar organization. They are part
of the consumer goods industry that produces and sells many household goods. This brief analysis
will describe their strategic growth plan.
Where P&G is Going
From an integrated growth perspective, P&G focuses their attention on performance
changes that makes consumers choose their company (Procter and Gamble, 2022). P&G wants
their growth to be balanced and create values for their consumers. One way they accomplish this is
by providing global access to their services and products.
External and Internal Environments
P&G boasts having a positive and empowering internal and external environment. One of
their motto’s is to “lead with love.” They have a group of valued partners that help to create acts of
goods in as many communities as possible. P&G also offers several opportunities for career growth
with their current employees, and they offer tuition reimbursement programs. They create love
both within and outside.
People Plan
P&G has a diverse work organization that is agile, empowers employees, and holds
everyone accountable for their actions. They pride themselves as being unique and united as they
are an inclusive workplace (Procter and Gamble, 2022). Additionally, they feel that creating a
diverse workforce helps them to better serve their communities. This includes having equal
representation among gender and being multicultural.
Corporate Social Responsibility and Environmental Sustainability
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P&G is involved with several projects related to social responsibility and environment
sustainability. They specifically deal in climate, forestry, plastic packaging, and water. They
provide clean water to residents of Zimbabwe, and this started when that country was experiencing
a lack of clean water. P&G works to preserve many forests around the country to ensure they are
available to future generations (Procter and Gamble, 2022). Furthermore, they work to provide
sustainable packaging and engage in regular recycling and waste management processes.
References
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Procter and Gamble. (2022). What Do We Mean by Strategy? Retrieved from:
https://prod.reader-ui.prod.mheducation.com/epub/sn_4e83/data-uuid-
d4267f5b73bc4f6581906e00f0446b5b
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