My Learning from POM Course
Principles Of Management - Harika
Saturday, September 1, 2012
Monday, August 20, 2012
Problem Solving
Recently we were shown a toy and supposed
to identify the problem and then solve it.
Often
during the course of life a lot of problems present themselves, and
then not so often there are problems that really test us. We normally
solve these problem through our experience and judgement and move on to
the next one in line, 'coz believe it or not, there IS a line, whether
we see it or not. So in a sense we all are managers by birth. But a true
manager is one who can not only solve the problem presented to him, but
can also identify the problem that might not be so obvious, or even anticipate the problem before it comes into being.
I believe that is the sole purpose of the course I am going through here.
Anyways, back to the interesting puzzle. We were taken to the terrace
and asked to look around and, no prizes for guessing, people had already
noticed the hanging wooden toy from a distance.
A child might enjoy playing around with it, but leave it to Prasad Sir
to find teaching in everything. So we were told there's a problem
hidden.
Being bright students that we are (:P), one of us quickly suggested that we try to take the ring off the toy.
And then the fun began. People did try, got bored and went off. Now
don't underestimate the curiosity of India's future leaders, 'coz a lot
of them came back later and solved it.
Here's how I did it. To remove the ring:
- Raise the ring as high as it would go and hold it there.
- Move one of the wooden squares to the other side by passing it through the slit in the top part.
- Bring both the squares together by moving the thread.
- One of the balls will still remain stuck after its square block is taken to other side.
- Lower the ring, tilt it and remove through the slit and the ball.
- Pass the ring through the slit back onto the square
- Raise the ring as high as possible.
- Pass one of the wooden squares through the slit and to it's correct side.
So it can be said that it's not only important to be a goode problem solver, but an excellent identifier as well.
Thursday, August 16, 2012
ADP
Automatic Data Processing, Inc. is a provider of business outsourcing. It is also a provider of
computing services to automobile and heavy equipment dealers. ADP is one
of four U.S. companies to get a AAA credit rating from Standard & Poor's (S&P) and Moody's.
Recognitions:
We will be the leaders in the Employer Services industry. We will deliver the highest quality service, unique value-added products and innovative business solutions through a commitment to continually strengthening relationships with associates and business partners.
Mission
Power organizations with insightful solutions that drive business success
Goals:
www.adp.com
http://en.wikipedia.org/wiki/Automatic_Data_Processing
Recognitions:
- ADP was recently listed as #47 on Computerworld's 19th annual list of the 100 Best Places to Work in IT 2012.
- ADP achieved a 100 percent rating in the 2011 Corporate Equality Index (CEI) report
- In 2010, ADP was awarded the #2 ranking in the Training Top 125 List by Training magazine. ADP ranked 12th in 2009 and 20th in 2008.
- In 2009 the Aberdeen Group named ADP as one of the top 25 Most Influential Technology Vendors for 2009.
- ADP ranked first on Fortune's 2010 list of America’s Most Admired Companies within the Financial Data Services category.
- In 2006, ADP ranked #2 on InformationWeek 500's top 250 Innovators.
- In 2003, 2004, and 2005, ADP was ranked as one of the top 10 companies in North America, having been AAA/Aaa rated by both S&P and Moody's
We will be the leaders in the Employer Services industry. We will deliver the highest quality service, unique value-added products and innovative business solutions through a commitment to continually strengthening relationships with associates and business partners.
Mission
Power organizations with insightful solutions that drive business success
Goals:
- World Class Service
- Employer of Choice
- Product Leadership
www.adp.com
http://en.wikipedia.org/wiki/Automatic_Data_Processing
Sunday, July 29, 2012
Colgate- Palmolive
Colgate-Palmolive Company is an American
multinational consumer products company focused on the production, distribution
and provision of household, health care and personal products, such as soaps, detergents,
and oral hygiene
products (including toothpaste and toothbrushes).
Under its "Hill's" brand, it is also a
manufacturer of veterinary products. The company's corporate
offices are on Park Avenue in Midtown
Manhattan, New York City. Colgate-Palmolive specialize in producing and
distributing household, health care and personal products including soaps,
toothpaste and detergents.
Origin:
In 1806, William Colgate, himself a soap and
candle maker, opened up a starch, soap and candle factory on Dutch Street in New
York City under the name of "William Colgate & Company".
History
1817
First Colgate advertisement appears in a New York newspaper. 1820. Colgate establishes a starch factory in Jersey City, New Jersey.
First Colgate advertisement appears in a New York newspaper. 1820. Colgate establishes a starch factory in Jersey City, New Jersey.
In 1857, William Colgate died and the company was
reorganized as "Colgate & Company". In 1873, the firm introduced
its first toothpaste, an aromatic toothpaste sold in jars. In 1873, the firm
introduced its first toothpaste, an aromatic toothpaste sold in jars. In 1928,
Palmolive-Peet bought the
Colgate Company to create the Colgate-Palmolive-Peet
Company. In 1953 "Peet" was dropped from the title, leaving only
"Colgate-Palmolive Company", the current name. Today, Colgate has
numerous subsidiary organisations spanning 200 countries, but it is publicly
listed in only two, the United States and India.
1937
company moved to India.
1937: launch first
toothpaste Colgate dental cream
1949: launch toothpowder and toothbrush
1950: Palmolive shave cream
1976: launch programme young India
1989: Palmolive extra care soap launched.
2003: launch oral health month
program
Mission & Vision:
Mission:
To provide Colgate with a significant
competitive advantage by reducing total delivered cost, extending technology
resources and developing excellence in purchasing, logistics and sourcing
processes.
Vision:
Our three fundamental values—Caring, Global Teamwork and
Continuous Improvement—are part of everything we do. They
are the foundation for our business strategy and are reflected in every aspect
of our work life. Caring
The Company cares about people: Colgate people, customers, shareholders and business partners. Colgate is committed to act with compassion, integrity and honesty in all situations, to listen with respect to others and to value differences. The Company is also committed to protect the global environment and to enhance the communities where Colgate people live and work.
Global Teamwork
All Colgate people are part of a global team, committed to working together across countries and throughout the world. Only by sharing ideas, technologies and talents can the Company achieve and sustain profitable growth.
Continuous Improvement
Colgate is committed to getting better every day in all it does, as individuals and as teams. By better understanding consumers' and customers' expectations and continuously working to innovate and improve products, services and processes, Colgate will "become the best.”
The Company cares about people: Colgate people, customers, shareholders and business partners. Colgate is committed to act with compassion, integrity and honesty in all situations, to listen with respect to others and to value differences. The Company is also committed to protect the global environment and to enhance the communities where Colgate people live and work.
Global Teamwork
All Colgate people are part of a global team, committed to working together across countries and throughout the world. Only by sharing ideas, technologies and talents can the Company achieve and sustain profitable growth.
Continuous Improvement
Colgate is committed to getting better every day in all it does, as individuals and as teams. By better understanding consumers' and customers' expectations and continuously working to innovate and improve products, services and processes, Colgate will "become the best.”
Awards
and Achievements:
1. Best Company for Asian Pacific Americans
to Develop Workforce Skills Award — Asia Society – 2011
2. 2012 ENERGY STAR Partner of the Year — Energy Star 2012
3. Top
50 Companies for Executive Women — The National Association for Female
Executives (NAFE) 2012
4. Top
50 Companies for Diversity Leadership — DiversityInc -2012
5. Colgate
was voted “The Most Trusted FMCG Brand” in India for the year in the Brand
Equity Annual survey 2010 across all brands and categories.
6. Vietnam's
50 Best Employers — Best Employers to work for in Vietnam 2006-2007
7. Best
Employers in India — Business Today 2002-2003
Products and Services
Colgate-Palmolive produces wide variety of products including tooth brushes, toothpastes, soaps etc.
Market Share
Colgate tooth paste occupies 47 percent of market share in 2010-2011 and which is further increased to 51% in 2011-2012.
Oral
care constituted of 96.4 percent and personal care to 2.1 and others to 1.4
The
company dominates the Rs. 4100 crore Indian toothpaste market by commanding
more than 50% of the market share.
Colgate
has been the most trusted bran for consequently 4 years.
51%
share in tooth paste
48
% share in tooth powder
30 % share in tooth
brush market
Manpower and Organizational structure:
1130 employees all over the world by 2011.
CEO – Ian Cook
COO - Mr. Garcia
CFO - Dennis Hickey
Financial Performance
CSR
Activities:
Colgate
– Palmolive India undertakes its corporate social responsibility through a
variety of effective programs. Since 1976, the company has been delivering oral
health education to children in rural and urban India in partnership with the
Indian Dental Association (IDA). Colgate’s community outreach efforts have
touched the lives of millions of children, providing the information, insight
and inspiration they need for a healthy life and a healthy smile.
For
the past five years, Colgate in partnership with Pratham, has set up libraries
for the underprivileged children in economically backward areas in Mumbai, to
encourage and inculcate the habit of reading among these children. Colgate
firmly believes education will empower these children for the future and help
them to explore new avenues.
DEEDS Public
Charitable Trust is an NGO in Mumbai that is committed to helping persons with
hearing impairment. Since 2004, DEEDS has been conducting an annual Quiz
Compeptition "QUEST", for the children from the special schools for
the deaf in Mumbai. Quest was conceptualized to inculcate regular reading
habits which has, as a result of this competitive quiz, reportedly increased
other knowledge enhancing activities. Quest has largely helped in instilling a
healthy competitive spirit among the students from deaf schools in Mumbai. The
focus of the students is on assimilating knowledge from books to prepare well
for the quiz-competition-an activity that the children look forward to
participating in, every year.
The Gift of Life
On June 3, 2010, Colgate-Palmolive, India with the efforts
of the Red Cross Society organized a Blood Donation Camp. Close to 130
employees rolled up their sleeves to generously donate blood on the day.
Donating blood to save unseen and unknown lives is truly a commendable
contribution to society and fellow brethren. The day also focused on spreading
greater awareness on the importance of blood donation and the increasing need
for safe blood for transfusion for those in need.
World Environment Day Celebrated – June 2010
To observe World Environment Day a tree plantation program for
Colgate-Palmolive, India employees was organized on 3rd and 4th June 2010, with
the support of the Horticulture Team from the Hiranandani Office. Few
sites within the vicinity of Colgate Research Centre were selected, where
employees planted tree saplings thus spreading the message of growing and
protecting greenery. This event reflects Colgate’s spirit of being responsible
citizens in the society.
Future
Plans:
The Company continues to focus on developing new, innovative and
high quality products to meet the ever
changing consumer needs and drive growth. Also
focused on reducing
costs to fund the growth
Planning
to increase exports to Sri Lanka and Bangladesh. Colgate
plans to extend usage of e-auctions into new areas such as insurance etc. The
company conducted 19 e-auctions in 2003.
Observations:
1. Colgate Palmolive is doing consistently well in oral care but it is showing a very poor performance in palmolive products like soaps, detergents etc.
2. There is a wide scope for increasing the market by advertising.
References:
http://en.wikipedia.org/wiki/Colgate-Palmolive
References:
http://en.wikipedia.org/wiki/Colgate-Palmolive
http://www.colgate.co.in/app/Colgate/IN/HomePage.cvsp
http://www.colgate.com
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