Rank in Soaps and Cosmetics: 1
(Previous rank: 1)
Overall score: 8.10
Why it's admired:Procter & Gamble has had to make major changes to adjust to a challenging consumer market. The world's largest consumer-products company is up against slow growth in developed markets.
To offset those problems, P&G will cut 1600 jobs, the company announced in January, which should save $240 million. P&G will also continue to focus on growing its businesses overseas, which account for 80% of the company's sales growth and 37% of its total sales. This year, P&G is also gearing up for the 2012 summer olympics with an accompanying marketing push at that it predicts will bring in $500 million in incremental sales.
Procter & Gamble stats
Industry: Soaps and Cosmetics
Where are the Most Admired?
The Most Admired companies in America are spread out across the country, but a few states dominate.