Procter & Gamble
This article was originally published in The Tan Sheet
Executive Summary
Shifting operations from regional business units to product-based global business segments under a comprehensive restructuring plan intended to "simplify" and "strengthen" P&G's operations. In its fiscal 1998 (ended June 30) annual report, the company outlined a reorganization plan "designed to create and build even more profitable leadership brands around the world." P&G also will "streamline" its corporate staff, "aligning many corporate resources with business units and refocusing others on cutting-edge functional knowledge and innovation," the firm said...