Before joining VA, Bob McDonald was Chairman, President, and Chief Executive Officer of The Procter & Gamble Company (P&G). Under his leadership, P&G significantly recalibrated its product portfolio, expanded its marketing footprint by adding nearly one billion people to its global customer base, and grew the firm’s organic sales by an average of three percent per year. This growth was reflected in P&G’s stock price, which rose from $51.10 the day he became CEO to $81.64 on the day his last quarterly results were announced—a 60 percent increase from 2009 to 2013.
During his tenure, P&G was widely recognized for its leader development prowess. In 2012, Chief Executive Magazine named P&G the best company for developing leader talent. The Hay Group, a global management consulting firm, consistently cited P&G in its top-tier listing of the Best Companies for Leadership. The company received recognition for its environmental and social sustainability initiatives, including the Department of State’s Award for Corporate Excellence for P&G’s operations in Pakistan and Nigeria. In addition, using the company’s innovative water purification packets, P&G committed itself to the 2020 goal of “saving one life every hour” by annually providing two billion liters of clean drinking water to people in the world’s developing countries.
Tune in for a great conversation with Bob as he shares his experiences of his 33 year career at P&G in the podcast series Learnings from Leaders.
There is no skill more important than leadership, and honing it is critical when it comes to supporting our veterans as they transition back into civilian life. I’ve always considered leadership training programs essential: As the Secretary of Veterans Affairs and, before that, the Chairman, President, and Chief Executive Officer of Procter & Gamble, I […]
So far, we’ve seen that little interventions and intentional language can build trust in the high-stress world of management consulting, the life-and-death world of the military, and the constantly changing world of technology. They also work at the highest level of government. In June 2014, Bob McDonald had been retired from Procter & Gamble for […]
It was my honor to teach again at Harvard Business School on November 29. I joined my friend Professor Ryan Buell in class 27 (of 28) of his Managing Service Operations Course. In 2016 Ryan and his colleagues Robert Huckman and Sam Travers studied the transformation we led at the Department of Veterans Affairs and […]