Principle and Practice of Management

1. Briefly highlight how the Diamond Philosophy acts as a guide to P&G’s business’s product innovation efforts. Explain how P&G employs the SIMPL™ model as its winning strategy to withstand global business pressure. (LO 1)

There are various ways into which Diamond Philosophy operates as a guide to P&G’s company’s product inventive attempts. In the above concept is comprised of driving factors that affect the organization in various ways. For instance, it enhances technology strategy and product innovation as well as offering institutional management with an efficient and effective idea for launching process. On the other hand, the Diamond Philosophy promote the development of the new product through creating the right culture and climate; proving suitable cross-functional groups as well as boosting commitment of senior management (Emirate Aviation University 4). Based on the above information, Diamond Philosophy is suitable for promoting organizational growth and development. 

Moreover, in the view of P&G’s Cosmetics activity, the Diamond Philosophy is applicable in developing an innovative strategy. In this case, the management has a tendency of turning the second aspect of the diamond, referred to as the P&G’s SIMPL^TM, the Successful Initiative Management, and Product Launch framework. To be specific, SIMPL^{TM operates} as a methodology for supporting new product projects starting from the innovative stage via launch as well as post-launching phase (Emirate Aviation University, p.2). This model also helps the individuals involved in a certain project to carry out their operation in a timely manner. For instance, this framework help in undertaking a big percentage of client research work, hence, offering consumer insight that contributes to new product concepts. 

In addition, SIMPL^TM acts a demanding process that applies the stage-and-gate way of decision making guided by complete with precise timing requirements and criteria. To be specific, the SIMPL^TM framework entails the stages that are established in a set of contemporary practices in the form of major practices. In a like manner, each stage of the above model plays a role in defining the project team’s prospects in form of end-points. On the other hand, this framework portrays the associations between various elements such as resource planning, innovation strategy, project selection as well as promoting the processing of new product (Emirate Aviation University, p.2). As a matter of fact, the SIMPL^TM is helpful in promoting business growth and development. 

2. Describe in detail how management functions such as organizing, motivating and controlling are executed at P&G. [LO 2]

There are various ways into which management functions such as controlling, organizing and motivating are implemented at P&G. For instance, P&G’s management uses organizing as a process of determining the specific tasks they need to carry out as well as establishing the individuals who are responsible for carrying out the certain task (Ziegler and Gerhartz, 2016, p.54). Moreover, organizing is helpful in identifying the process of coordinating and managing various operations within an organization. Besides, the above concept plays a role of connecting organizational objectives, goals, and mission via the organizational design and foundation development (Emirate Aviation University, p.4). Generally, organizing acts as a design or set of arrangements that denotes the system of connection within different units in P&G. 

On the other hand, P&G utilizes motivation as both financial and non-monetary workplace rewards. In the view of P&G, these two forms of remunerations can stand for training programs and stock options that are used to motivate workers as well as promoting the organizational values. Basically, it is identified that P&G has instituted a committed that carry out a role of reward specific level of stock options to workers who comply with the conditions and codes governing the company (Emirate Aviation University, p.7). Indeed, the motivation is used as a policy that allows the workers to exchange the company’s common stock at a certain price with a specified period. For instance, the P&G satisfies its employees through granting a stock option to carry out stock exchange with a confidential price. 

In addition, P&G uses controlling as a management tactic for promoting various tasks including strategizing plan, carrying out operational budgeting, appraising performance, and preparing statistical policies, procedures, and reports. Besides, the planned controlling still used can involve financial ration analysis, hence, promoting the organizational transactions (Stohm and Berglund, 2015, p.23). Moreover, the institutional bureaucratic control is recognized for utilizing formal processes that impact the behaviors of the company’s stakeholders as well as influencing the evaluation of progress and correction of unacceptable deviations affecting the organizational norms (Emirate Aviation University, p.8). Nevertheless, the organic control philosophy utilized in P&G depends on the social values, traditions, trust, beliefs, and authority for evaluating the correction of unacceptable aberrations and performance within the organization. 

3. Elaborate on the leadership traits found in Mr. A.G. Lafley and explain how these qualities foster a healthy organizational culture and enhance organizational performance (LO 3)

Mr. A.G. Lafley has portrayed essential leadership traits, hence, managing to make P&G outweigh its competitors in an effective and efficient manner. For instance, Lafley has successfully substituted a big number of senior officers as well as eliminating approximate 10,000 jobs, hence, making P&G be more professional and flexible. As a matter of fact, the above Lafley’s trait is helpful in promoting the company’s capability to adapt to various environmental and operations changes (Emirate Aviation University, p.6). Furthermore, Lafley is an innovative leader who has utilized his experience to motivate organic company’s growth. In connection to the above information, this leader is recognized to have the power of putting the possible efforts to boost the talented individuals and he is also competent on cooperating with other companies and people (Emirate Aviation University, p.7). The notion of Lafley’s cooperation with different entities can be used to promote the company’s growth and development since it creates a platform for sharing ideas that enhance the organizational competence. In confirmatory, this gentleman has utilized the above skills, hence, managing to double P&G’s sales during his leadership, thereby, enabling the company’s distributions to rise from $39 billion to $76 billion. 

Furthermore, Lafley is also recognized as a gentle and versatile leader since he has an excellent education that provides him with the capability of handling various tasks and managing the big business. The above traits can be utilized to assess the market the market, thereby, making it easy to determine the clients’ want and need. Also, Lafley’s assertive and humane qualities are useful in making decision and judgment meant at determining the organizational success and failure at different periods. In this case, this leader appears to have set a good example of the way managers need to come up with a valid and beneficial judgment. More importantly, Lafley is known for stabilizing the workforce’s morale as well as being able to handle institutional issues in an effective and efficient manner (Emirate Aviation University, p. 5). To illustrate, this man is proficient on making a decision that depletes unnecessary transactions and concentrates on major as well as helpful business activities (Stohm and Berglund, 2015, p.66). As a matter of fact, the above leadership skills can be used to maximize the company’s growth and development through the elimination of redundant costs and expenses. 

4. How does P&G adopt sustainable practices along with its entire value chain? Also elaborate on how the company addresses issues such as gender equality, diversity, and globalization (L 4)

P&G has implemented sustainable practices on its whole value chain, hence, managing to address different issues including globalization, diversity and gender equality. In the view of gender equality, this company seems to be much committed to balancing both males and females through multiple new partnerships, commitments, and actions. Indeed, this activity has enhanced P&G’s diversity in the entire creative supply chain, hence, contributing to more positive and accurate portrayals of women in promoting social good and growth (Emirate Aviation University, p.10). To be specific, the management in this company addresses the gender issues by calling an aspiration to achieve equal representation of men and women in the organization. 

Moreover, P&G is recognized for embracing diversity, hence, managing to spread its operation in different localities. For instance, this company has successfully established a supplier diversity program, thereby, being able to employ more than 1,000 distributors (Emirate Aviation University, p.10). Based on the application of the above strategy, P&G’s total expenditure regarding minority distributors has increased in a greater manner (Ziegler and Gerhartz, 2016, p.77). Similarly, this company has actively participated in a charitable donation through giving out approximate $4.5 million in 2000 to various minority-based aspects. 

In addition, Lafley has effectively used globalization knowledge in P&G, therefore, enabling this firm to grow well and rapidly without depending on other companies within the same field. At this point, Lafley has upgraded this firm’s products by making them more distinctive and glamorous, thus, managing to compete against its opponent such as Wal-Mart (Emirate Aviation University, p.10). Furthermore, the management in this company has put the possible efforts to institute its operations in many areas, thereby, being enabled to serve many clients without struggling. Conversely, the globalization tactic has made P&G outshine its rivals without incurring unnecessary costs and expenses. 

Justification of the Argument

There is confidential information denoting that my argument on this assignment are of reliable and valid. In the first place, through carrying out research about successful initiative management and product launch (SIMPL) framework, I have confirmed that the diamond philosophy is a suitable tool for improving business results. To illustrate, this model provides the administration with one discipline to monitor organizational inventive programs, hence, increasing the company’s yield in the market (Emirate Aviation University, p.4). As it is stated in this essay, it is clear that Diamond Philosophy is the competent criterion that promotes management of the firm’s resource and portfolio. Moreover, this essay has also provided trusted information as far as the explanation of management functions such as controlling, motivating and organizing are concerned. To illustrate, after carrying out exhaustive exploration about the above concept I have realized that organizing, controlling and motivating are successful tools for enhancing organizational competency since they help the management to carry out its daily operations in an effective and efficient manner (Emirate Aviation University, p.7). Similar to information provided in this essay, many organization uses motivation to improve organizational performance; utilize controlling tactics to monitor the company’s stakeholders; and apply organizing skills to plan various institutional transactions. 

Furthermore, I have discovered that the highlighted leadership skills about Mr. A.G. Lafley have been applied by other managers in different companies, hence, leading to continuous growth and development in their organizations. For example, the flexibility is among the leadership tactic that has enabled many companies to survive during financial crises (Emirate Aviation University, p.5). Still, the capability to interact with different individuals within the company’s environment is a suitable tactic for promoting diversification in an organization (Ziegler and Gerhartz, 2016, p.34). In addition, I have realized that gender equality, globalization, and diversity are among the practices used by competent firms to enhance their value chains (Emirate Aviation University, p.10). Based on the above information, it is clear that this assignment contains reliable and quality information obtained through thorough research. 

References

Emirate Aviation University, BUS 1030 –Principles and practice of management, pp. 1-11. 

Stohm, M. and Berglund, S., 2015. Critical competitive priorities and capabilities in a high-cost environment, pp. 1-77. 

Ziegler, J. and Gerhartz, S., 2016. Sustainable supply chains-How do companies integrate sustainability into their supply chains? pp. 1-100.