Procter and Gamble
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Procter & Gamble Co. is a Fortune 500, American global corporation based in Cincinnati, Ohio, that manufactures a wide range of consumer goods. As of 2008, P&G is the 23rd largest US company by revenue and 14th largest by profit. It is 10th in Fortune’s Most Admired Companies list (as of 2007). P&G is credited with many business innovations including brand management, the soap opera, and “Connect & Develop” innovation.
The P&G community consists of over 138,000 employees working in over 80 countries worldwide. What began as a small, family-operated soap and candle company now provides products and services of superior quality and value to consumers in over 180 countries.
P&G has one of the largest and strongest portfolios of trusted brands, including Pampers, Tide, Ariel, Always, Pantene, Bounty, Folgers, Pringles, Charmin, Downy, Iams, Crest, Actonel and Olay.
P&G honors and values diversity. As the organization grows, they continue to build a culture that appreciates differences even as it reflects common values
Procter & Gamble produced and sponsored the first radio opera soap operas in the 1930s (Procter and Gamble’s being known for detergents (soaps) was probably the genesis of the term “soap opera”). When the medium switched to television in the 1950s and 1960s, most of the new serials were sponsored and produced by the company. Two of their serials, As the World Turns and Guiding Light, are still on the air today and are produced by Procter & Gamble Productions. The serial The Young and the Restless also is regularly sponsored by products from Procter & Gamble, as well as other daytime serials.
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