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  • Building A Company Without Borders

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    Kaustav Bhattacharjee
    128 vizualizări6 pagini
    Reckitt Benckiser has achieved 8% growth even during economic downturns through its culture of global mobility. The company operates in over 60 countries with 400 managers from 53 different nationalities, allowing products to benefit from global cross-fertilization of ideas. Reckitt Benckiser is able to transfer employees to new countries within two days and focuses on finding employees the best possible jobs, even encouraging movement outside their comfort zone. The company promotes expressing divergent views and considers conflict as good if it leads to passionate debate, as long as there is 80% agreement and 100% commitment to implementation. Performance-based remuneration, with bonuses from 40-144% of salary, and long-term compensation further

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    Building a Company Without Borders

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    Building a Company Without Borders

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    Reckitt Benckiser has achieved 8% growth even during economic downturns through its culture of global mobility. The company operates in over 60 countries with 400 managers from 53 different nationalities, allowing products to benefit from global cross-fertilization of ideas. Reckitt Benckiser is able to transfer employees to new countries within two days and focuses on finding employees the best possible jobs, even encouraging movement outside their comfort zone. The company promotes expressing divergent views and considers conflict as good if it leads to passionate debate, as long as there is 80% agreement and 100% commitment to implementation. Performance-based remuneration, with bonuses from 40-144% of salary, and long-term compensation further

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    © All Rights Reserved
    Descărcați ca PPTX, PDF, TXT sau citiți online pe Scribd
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    128 vizualizări6 pagini

    Building A Company Without Borders

    Încărcat de

    Kaustav Bhattacharjee
    Reckitt Benckiser has achieved 8% growth even during economic downturns through its culture of global mobility. The company operates in over 60 countries with 400 managers from 53 different nationalities, allowing products to benefit from global cross-fertilization of ideas. Reckitt Benckiser is able to transfer employees to new countries within two days and focuses on finding employees the best possible jobs, even encouraging movement outside their comfort zone. The company promotes expressing divergent views and considers conflict as good if it leads to passionate debate, as long as there is 80% agreement and 100% commitment to implementation. Performance-based remuneration, with bonuses from 40-144% of salary, and long-term compensation further

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    © All Rights Reserved
    Descărcați ca PPTX, PDF, TXT sau citiți online pe Scribd
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    din 6

    BUILDING A COMPANY

    WITHOUT BORDERS

    RECKITT
    BENCKISER
    Reckitt Benckiser in the past few years has
    outperformed its rivals P&G, Unilever, and Colgate in
    growth-even during the downturn. Heres how.

    Global Citizens More than 60 countries, 400


    managers 53 different nationalities
    Culture of global mobility
    Products result from global cross fertilization
    All in One Dishwasher Tablets
    Quantumatic

    Growth rate 8% in 2009


    Constant innovation has led to steady profitable
    growth

    COMPANY WITHOUT COUNTRY


    We have moved people to new countries in as little as two days.

    Merger between Reckitt & Colman from Britain and Dutch Listed
    Benckiser
    For people who want to grow at world stage
    People transferred as Local Hires
    Help foreign students get work permits
    Focus on best job possible
    High potential employees encouraged to move out of familiar zone

    CONFLICT IS GOOD
    If someone wants to stand up under stress and say, No, I passionately believe in this,
    then Im willing to take a chance.
    One team one language
    Promotes employees to express opinions
    80% alignment and 100% agreement to implement
    Divergent views encouraged and supported
    Air Wick Freshmatic Case

    Customer viewpoint matters the most


    Philosophy of fail small and quickly
    Failure is an incentive
    Business approach : Focus on 17 power brands in fast growing categories,
    innovate and invest behind them and do so in every market

    REMUNERATION SYSTEM AND


    INCENTIVES
    A manager who blows up the targets out of the water can earn a bonus of up to 144%.

    Performance based remuneration


    Combination of Base salary, short and long term incentives
    Base salary set near the median of competitors pay
    Bonuses between 40-144%
    Long term compensation in form of options and performance related
    restricted stock
    Bonus structure, long term incentives and compensation rules same
    for everyone

    THANK YOU

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