| P&G Recognizes Top Connect + Develop(SM) External Partners and Enablers
Global Business Development Awards Dinner Draws Attendees From Around the
Globe
CINCINNATI, Nov. 6 /PRNewswire/ -- The Procter & Gamble Company (NYSE:
PG) hosted over 50 external companies the afternoon and evening of November
5th in Cincinnati, Ohio to acknowledge and celebrate successful external
partnerships with P&G's Global Business Development Organization, a group
responsible for P&G's Connect + Develop(SM) approach to open innovation.
"This event is about our external partners, not P&G. The annual awards
dinner gives us the opportunity to recognize partners who have
significantly contributed to P&G's business either through enabling
networks or partnerships to create new and improved consumer products and
services," remarked P&G vice president of global business development
Jeffrey D. Weedman. "We seek out collaborations where both sides see value
creation and, ideally, envision long term relationships. Most of the awards
we've given out tonight reflect the lasting relationships we have with
external companies."
The following companies were recognized for significant contributions
as external partners:
-- External Business Partner of the Year - Corium International. This
award recognized the external company that is an exemplary business
partner with P&G and has achieved outstanding business results. P&G
licensed the adhesive technology behind Crest Whitestrips Advanced Seal
from Corium;
-- University Partner of the Year - University of Cincinnati. This award
recognized the university which most effectively has worked with P&G to
foster research and new business models. University of Cincinnati, P&G
and several other companies created a non-profit organization called the
Live Well Collaborative (LWC) whose purpose is to design new products
and services for people ages 50+;
-- External Enabling Partner of the Year - YourEncore
-- External Key Enabler of the Year - Ernst & Young (E&Y): These awards
recognized the external companies which have best advanced P&G's open
innovation efforts. YourEncore's network of 5700+ retired experts with
unique capabilities has enabled P&G to build efficiency and accelerate
innovation projects. E&Y has a long standing relationship with P&G and
has worked with P&G on a number of tax and internal controls projects.
P&G has also enlisted E&Y's help to commercialize P&G's Reliability
Technology (a proprietary set of practices to improve manufacturing
efficiencies);
-- Distinguished Service Award - Unicharm. This recognizes the external
partner with an exemplary long-term relationship and a track record of
sustained excellent business results with P&G. Unicharm is P&G's
licensor for the technology used in P&G's Swiffer Duster product, which
has been a very successful addition to the Swiffer line.
"P&G is fostering a culture of cooperation and partnership as part of
our objective to serve more consumers," said P&G senior vice president and
treasurer Teri List. "This event celebrates our long-term partners and
demonstrates our commitment to our Connect + Develop(SM) strategy to bring
external ideas and opportunities into P&G and to be the preferred partner
for open innovation."
For more information about P&G's Connect + Develop(SM) approach, go to
pgconnectdevelop.com.
About Procter & Gamble
Four billion times a day, P&G brands touch the lives of people around
the world. The company has one of the strongest portfolios of trusted,
quality, leadership brands, including Pampers®, Tide®, Ariel®, Always®,
Whisper®, Pantene®, Mach3®, Bounty®, Dawn®, Gain®, Pringles®, Charmin®,
Downy®, Lenor®, Iams®, Crest®, Oral-B®, Duracell®, Olay®, Head &
Shoulders®, Wella®, Gillette®, Braun® and Fusion®. The P&G community
includes approximately 135,000 employees working in about 80 countries
worldwide. Please visit http://www.pg.com for the latest news and in-depth
information about P&G and its brands.
|
