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Company Overview
History
Company’s Brand
Vision
Core Values
Company’s Strategy
Organizational structure
Perception
Teambuilding
Conflict
Group-2
SEN Hall
COMPANY OVERVIEW
The company has the sales of over 6 billion pounds consistently going ahead
of the industry due to its leading brands, its operation in over 60 countries
and sales in 180, and its highly motivated multinational management.
HISTORY
Reckitt & Colman
Colman's was founded in 1814 when Jeremiah Colman began milling flour
and mustard in Norwich, England. Reckitt & Sons started in 1840 when Isaac
Reckitt rented a starch mill in Hull, England. He diversified into other
household products and in due course passed on his business to his four
sons. Reckitt & Sons was first listed on the London Stock Exchange in 1888.
In 1938 Reckitt & Sons merged with J&J Colman to become Reckitt & Colman
Ltd. Reckitt & Colman sold the Colman's food business in 1995 but still has
some food brands.
Benckiser
The company was formed by a merger between Britain's Reckitt & Colman
and the Dutch company Benckiser NV in December of 1999. Bart Becht
became CEO of this new company and has been credited for its
transformation, focusing on core brands and improving efficiency in the
supply chain. The new management team’s strategy of “innovation
marketing” – “A combination of increased marketing spend and product
innovation, focusing on consumer needs – has been linked to the company’s
ongoing success”. For example, in 2008, the company’s “rapid succession of
well publicized new product variants” was credited for helping them “to
capture shoppers' imagination” Business week has also noted that “40% of
Reckitt Benckiser's $10.5 billion in 2007 revenues came from products
launched within the previous three years.”
BRIEF PROFILE OF THE BUSINESS
Reckitt & Benckiser Plc, UK, promote Reckitt & Benckiser of India Ltd (Reckitt
& Benckiser). The company has business interests in household products,
personal care and pharmaceuticals. Key brands include Dettol, Cherry
Blossom, Harpic, Robin liquid blue and Mortein. Around 40% of the company
´s sales come from its flagship product Dettol. Dettol`s market share hovers
around 85% and its product portfolio comprises toilet soaps, anti germ
liquids and talcum powder. The remaining divisions, namely fabric care, shoe
care and floor care contribute approximately 15% to the total turnover.
Within the household products and the personal care segments, Reckitt &
Benckiser is mainly into insecticides, lavatory care, surface care, shoe care
and air fresheners. Insecticides contribute over 50% to Reckitt & Benckiser’s
household business and 26% to its total sales. The company has a strong
brand Mortein in the insect repellent market with a total market share of 45%
(coil 12% and mats 33%). In the relatively small lavatory care market
(Rs320m), Reckitt & Benckiser’s Harpic enjoys a 79.6% market share. Its
brand Cherry enjoys a 79% market share in the Indian shoe care industry.
The Indian air freshener market is estimated at Rs120m with Balsara
Hygiene’s Odonil leading the market with an 80% share. Reckitt & Benckiser
has positioned its Haze brand at the premium end of the market. Regarding
the wash-segment, Reckitt & Benckiser is currently present only in the post-
wash segment with its flagship brand Robin Blue, which is in existence since
1984. Robin Blue powder market share is around 20%.
The company has entered into a joint venture, operational from March 1998,
with pharmaceutical major Nicholas Piramal; a company having a strong
distribution reaches with chemists. The UK parent and Nicholas Piramal hold
40% stake each while the balance is with Reckitt & Benckiser. The joint
venture, Reckitt Piramal, is the largest over the counter (OTC)
pharmaceutical company in the country. The joint venture, besides
improving sales of its flagship product Dettol, which currently contributes to
over 80% of the joint venture’s sales, would also help in pushing other
products like Dispirin and Gelora.
COMPANY’S BRAND
Reckitt Benckiser has four core categories:-
Key Brands
• Lysol
• Dettol
• Easy of Bang
• Harpic
Fabric Care - This category consists of five product groups used for
cleaning and treating all fabrics. It covers products used before, during or
after the main laundry wash cycle. Fabric Treatment products remove stains
from clothes, carpets and upholstery. Garment Care products are specially
formulated for washing delicate fabrics. Water Softeners protect the machine
and laundry against the build-up of lime scale and other deposits. Fabric
Softeners are used for softening and freshening fabrics and ironing aids help
make ironing more convenient. Laundry Detergents clean fabrics in washing
machines.
Key Brands
• Calgon
• Vanish
Key Brands
• Veet
• Dettol
• Clearsil
• Strepsils
Home Care - Consists of three categories. Air Care products remove
odours and add fragrance to the air to create an ambience. Various formats
include: auto sprays, electrical plug-ins, aerosols, gels and candles. Pest
Control products offer solutions to domestic infestation. The category
includes insecticide and rodenticide products – in formats such as coils, mats,
baits, traps, vapourisers and sprays – to prevent infestation and to kill pests.
Shoe Care cleans and protects shoes.
Key Brands
• Airwick
• Mortein
VISION
Reckitt Benckiser delivers better solutions in household, health and personal
care to consumers, wherever they may be. Company does it through
constant innovation. They look at the little things that drive people made in
their everyday life. Then they deliver brilliant, fast-acting solutions that help
make life better and easier - and create outstanding shareholder value in the
process.
CORE VALUES
Four key values:-
4. Commitment - For them, ‘the buck stops here’. They take personal
responsibility for their areas of accountability and take the initiative in
doing what’s needed. They aren’t slaves to process or spoon-fed. Their
people are given the latitude to do what they think is right within a
framework for success. Leaders at all levels select people against this
attitude and develop it further to ensure the sustainability of the
business.
This year they also delivered on the last part of their commitment to save
150,000 lives through working with Save the Children across the world. They
are now working with them on a new program, which will see their
commitment have even more impact in the future.
COMPANY’S STRATEGY
Their clear and consistent strategy is to drive above industry growth and
returns through:
Transforming net revenue growth into even better profit and strong
cash flow.
ORGANIZATIONAL STRUCTURE
An organizational structure is a mainly hierarchical concept of subordination
of entities that collaborate and contribute to serve one common aim.
Organizations are a variant of clustered entities. An organization can be
structured in many different ways and styles, depending on their objectives
and ambiance. The structure of an organization will determine the modes in
which it operates and performs.
Disadvantages
Perception of employees
Perception of Customers
Perception of employees
After joining Reckitt Benchiser and employees find plenty of drive and
energy, and a direct and open style. It’s a place they’ll be given the freedom
to make their mark very early in their career. They thrive on constant
innovation and tangible results. And there’s another thing that makes them
truly distinctive: at Reckitt Benckiser they’ll find a real passion to outperform.
From the very first day a employee join Reckitt Benchiser they make sure
employee have a real job. Right from the start, they’ll be expected to take
ownership for the role one’ve chosen and supported in it. Expect to be
rewarded for success. Expect too, the freedom to enjoy a dynamic,
international career in a business that values achievement and commitment,
not rules and process.
Consumer perception
In short, they’re like their brands - strong, fast-acting and highly effective.
TEAMBUILDING
A team is an energetic group of people who are committed to achieving
common objectives, who work together and enjoy doing so, and who produce
high-quality results.
A strategy that can help groups to develop into a real team is “team
building”
Each team presents their game to the group giving rational, rules and
objectives.
Games are evaluated against how effective they are as a team builder.
Only 11 players played but team leader had to divide work and responsibility
among all 25 members.
Learning- in practical field there are few people but in organization each
and every person must get responsibility and contribute in company. This is
duty of leader to divide work effectively among employees. Work together
without controversy.
Frog jumping - 2 members in a team
In this game, feet of one person is bind with another person and they have to
cover a particular distance.
Security
Inability to control self and others
Respect between parties
Limited Resources
Frustrations
Types of Conflict:
1. Intrasender – Conflict originates in the sender who gives conflicting
instructions
2. Intersender – Arises when a person receives conflicting messages
from one or more sources.
3. Interrole – Occurs when a person belongs to more than one group.
4. Person-role – Result of a discrepancies between internal and external
role.
5. Interperson – Between people whose positions require interaction
with other persons who fill various roles in the same organization or
other organizations.
6. Intragroup – Occurs when a group faces new problem, when new
values are imposed on the group from outside, or when one’s
extragroup role conflicts with one’s intragroup role.
7. Intergroup – Common when two groups have different goals and can
only achieve their goals at the other’s expense.
8. Role Ambiguity – Condition where an individual do not know what is
expected of them.
9. Role Overload – Individuals cannot meet the expectations placed on
them.
Let the person share his/her thoughts and feelings without interrupting.
Ask questions and try to understand the situation and his/her concerns.
At Reckitt Benchiser
Impression
Promotion-
These types of politics occur in all companies. Employees do buttering for
making impression. Because they want extra benefits and sometimes
promotion. Due to this efficient people are not able to get promotion.
CONCLUSION
After studying and a analyzing the results of our research on the various
issues related to the organizational behavior within the organization that are
affecting the performance of its management and particularly its employee,
followed by several general and specific list of questions we asked and the
interviews we conducted during our visit to manager.